ProchargedMopar's Dart Dynasty

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TygerKrane
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Re: ProchargedMopar's Dart Dynasty

Postby TygerKrane » Thu Mar 31, 2016 1:57 pm

prochargedmopar wrote:A possible swing trade of 150 pips short GU may work but that sl I have won't get it done.
It's 10 or bust.... LOL

Looking more like bust. Hehe
Gotta get some sleep up in here.
Going to take kiddo's to lake in boat tomorrow. See how well they can ski.

Hmmmmm.png

How does an AJ chart relate to a GU trade?


**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Mar 31, 2016 2:01 pm

After this month (2.5 weeks) doubling lots will not work on GU.
Margin is too high.
Can only go 1, 2, and then 3.2.
NU I can go up to 8.
Auds and cad I can go up to almost 5.

@some point, preferably last trade of sequence, I will require more than 10 pips.

Gasp, a runner? lol
#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Mar 31, 2016 2:06 pm

TygerKrane wrote:
prochargedmopar wrote:A possible swing trade of 150 pips short GU may work but that sl I have won't get it done.
It's 10 or bust.... LOL

Looking more like bust. Hehe
Gotta get some sleep up in here.
Going to take kiddo's to lake in boat tomorrow. See how well they can ski.

Hmmmmm.png

How does an AJ chart relate to a GU trade?


How does taking a deep breath relate to oxygen.

Everything is connected.
Even you and I.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Mar 31, 2016 2:23 pm

On AJ it may just be me but the gred/red box seems to work for a scalp most times.
The white box London. Better to take opposite breakout.

Green_Red_White.png
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Mar 31, 2016 5:29 pm

The more I ponder on it the more I appreciate some advice's from M.O.

"What ever you are risking, you are risking."

Simple but true.

Also something to the effect.
"What ever you have in your account is what you have to make $$. (regardless of recent wins or losses)

Simple but true.

I love this stuff.
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Thu Mar 31, 2016 5:42 pm

TygerKrane wrote:

How does an AJ chart relate to a GU trade?
[/quote]


Lets review AFTER the fact even though I stated it BEFORE the fact.

At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.
There was buying pressure.
The charts showed it, and it must be past experience from 10,000 + hrs of watching charts had a little to do with it as well.
Maybe I'm reading into something that is not there, maybe not.

Look what happened.
Exactly what my gut felt like was going to happen.
Also, look at a daily GU chart all by it's lonesome.
Price rarely falls directly away after a double failure. (many other names out there for same double wick pattern)

LetsReview.png
LetsReview.png (89.84 KiB) Viewed 2227 times


GUonTheDaily.png
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Re: ProchargedMopar's Dart Dynasty

Postby TygerKrane » Thu Mar 31, 2016 5:47 pm

Ok, gotcha

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Re: ProchargedMopar's Dart Dynasty

Postby laksh » Thu Mar 31, 2016 11:42 pm

prochargedmopar wrote:
At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.


Hi prochargedmopar,

GU has a good correlation with EG. Large portion of GBP money flows are between these two pairs, as USA and EU are UK's main trade partners.

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Fri Apr 01, 2016 6:00 am

laksh wrote:
prochargedmopar wrote:
At the moment I was watching these 4 pairs +EU in background I could FEEL a correlation betwixt them.


Hi prochargedmopar,

GU has a good correlation with EG. Large portion of GBP money flows are between these two pairs, as USA and EU are UK's main trade partners.


Laksh,
I'm not really interested in correlations per say.
Trade what I see.
GU just broke out of the top of a box.
Interesting to note lower level of box is same as yesterday's.
I don't like that, double bottom can easily be pierced as would my SL just below it.
I'm long.

Screenshot_2016-04-01-00-57-04.png
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Fri Apr 01, 2016 6:05 am

Price cannot rise on wicks neither can it go higher without closing above something. M.O.


GU daily is begging to go lower.

Screenshot_2016-04-01-01-01-46.png
Screenshot_2016-04-01-01-01-46.png (134.17 KiB) Viewed 2133 times
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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