ProchargedMopar's Dart Dynasty

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v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sat Mar 12, 2016 12:24 am

Yea, but each trade consisted of three different entries. Here was 1 trade with 1 entry, (cuz Im not smart or fancy) for about 400 pips. Come on pro lets go through the steps (almost all my charts I post are about the same).

Price reached crash zone, made daily/weekly low. Price closed over something, wick in the direction of loss, body in the direction of profit, aimed for the other crash zone and about half a dozen little devil setups that you could have traded on your way there.

Come on brother, you can do it. Pick only one pair and one trade setup/idea. That is all you can look at or post next week. Your slipping back to your old ways, don't relapse.

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Sat Mar 12, 2016 12:55 am

v8power wrote:Yea, but each trade consisted of three different entries. Here was 1 trade with 1 entry, (cuz Im not smart or fancy) for about 400 pips. Come on pro lets go through the steps (almost all my charts I post are about the same).

Price reached crash zone, made daily/weekly low. Price closed over something, wick in the direction of loss, body in the direction of profit, aimed for the other crash zone and about half a dozen little devil setups that you could have traded on your way there.

Come on brother, you can do it. Pick only one pair and one trade setup/idea. That is all you can look at or post next week. Your slipping back to your old ways, don't relapse.

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I did not take a single trade this week.
I do not know what system/method to trade and do NOT have a plan.
I can't use crash zones because I don't have an indicator that I think works properly.
The II_crashzone_mod moves around.
I don't know it I should trade to the zone from median, weekly open, or like you said above...wait for one to get hit then trade back the other way.
sometimes that could do some serious damage.
What about the GU and the buyzone @ frankfurt or London open?

I have no Idea but I also have hundreds of them.
#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

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sat Mar 12, 2016 1:15 am

Well good job not taking any trades. How about the asian box/frankfurt open in the direction of the long term trend or in the direction if its above or below the weekly open? Only use G/U.

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Sat Mar 12, 2016 1:46 am

v8power wrote:Well good job not taking any trades. How about the asian box/frankfurt open in the direction of the long term trend or in the direction if its above or below the weekly open? Only use G/U.


Ok,
Gotta define long term.
Asian "box" defined as 7 to 12est? Or other?
What timeframe to enter on and what constitutes a break?
Entry on break or mo candle pullback?

Is there a place where method is laid out?
Ive seen lots of different versions.
Craig Harris had a decent one.
Also Joe Ross and TRO have versions, among others.
#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

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sat Mar 12, 2016 2:01 am

Whoa slow down killer. Lets keep it simple. I use 10-2 am est. If price moves one pip out of the box thats a breakout. Sl is other side of the box. You can only go long if above weekly open or short below weekly open. Thats its, nice and simple.

I am not saying this is how you always want to trade. Im just trying to get you to focus and pick up some good habits. Try it for a week. If you would have traded it today, you would have made some good pips.

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Sat Mar 12, 2016 2:13 am

Watch a few minutes of this video starting at the 51 min mark:

Asian range breakout traders getting blown out!!!

http://theinnercircletrader.com/Tutoria ... CTMM_5.mp4
#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 » Sat Mar 12, 2016 2:14 am

v8power wrote:Whoa slow down killer. Lets keep it simple. I use 10-2 am est. If price moves one pip out of the box thats a breakout. Sl is other side of the box. You can only go long if above weekly open or short below weekly open. Thats its, nice and simple.

I am not saying this is how you always want to trade. Im just trying to get you to focus and pick up some good habits. Try it for a week. If you would have traded it today, you would have made some good pips.


Ok, so candle color and a breakout @2am.
#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

v8power
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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sat Mar 12, 2016 2:21 am

prochargedmopar wrote:Watch a few minutes of this video starting at the 51 min mark:

Asian range breakout traders getting blown out!!!

http://theinnercircletrader.com/Tutoria ... CTMM_5.mp4

I was taught you were only suppose to use g/u because it has such a narrow trading range at that time, making your sl smaller and better chance at a higher R:R. I also have a way of dealing with reversals on it, but we will wait to introduce that idea for u. One thing at a time

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Re: ProchargedMopar's Dart Dynasty

Postby v8power » Sat Mar 12, 2016 2:52 am

7 out of 11 were winners. Wins were at least 2 to 1 RR with with 2 of the trades offering 10 to 1 or more. Lets say each trade you risked 3%, you would have made an easy 50%. No thinking, no emotions, no hundreds of pips SL.

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Re: ProchargedMopar's Dart Dynasty

Postby MightyOne » Sat Mar 12, 2016 7:38 am

prochargedmopar wrote:Or can use the AVG log to make 177 pips on 3 trades.
Max 12 pip SL pulled up tight asap.

Might be a quicker way to 1 mil. LOL

It's taken me 7yrs to get 1 Nil (0)


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