THE 100 PIP CHALLENGE

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Rangoban
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Re: THE 100 PIP CHALLENGE

Postby Rangoban » Tue Mar 01, 2016 10:46 am

cant get the indicator to run :(
would like to take part in the challenge anyway, am I doing it wrong? :D

edit: ye that was a 100 pip winner
edit2: indicator works... should have zoomed out further
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TheRumpledOne
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Re: THE 100 PIP CHALLENGE

Postby TheRumpledOne » Wed Mar 02, 2016 1:46 am

Nice Rangoban!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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TheRumpledOne
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Re: THE 100 PIP CHALLENGE

Postby TheRumpledOne » Thu Mar 03, 2016 5:13 pm

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: THE 100 PIP CHALLENGE

Postby TheRumpledOne » Thu Mar 03, 2016 5:14 pm

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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Re: THE 100 PIP CHALLENGE

Postby TheRumpledOne » Fri Mar 04, 2016 5:49 pm

usdcaddaily.png
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Still in play


eurusdh1.png
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WINNER!!!!!!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: THE 100 PIP CHALLENGE

Postby XxioixX » Sat Mar 05, 2016 1:06 pm

Interesting idea, just curious as what are people using as an entry: price action, support/resit areas, etc?

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Re: THE 100 PIP CHALLENGE

Postby MightyOne » Sat Mar 05, 2016 6:51 pm

XxioixX wrote:Interesting idea, just curious as what are people using as an entry: price action, support/resit areas, etc?


I have 3 main ideas: HORIZONTAL LINES, WEEKLY RANGE EXPANSIONS, & CONES.

Price is either moving towards your stop or away from it.

Price cannot rise on wicks, neither can it fall without closing lower.

If you need further help picking a direction to trade in then
use the current daily and/or weekly midpoint.

Is my target out of range for the current week?:

The weekly projected ranges are based on the median range (not the smallest or largest) of the last 3 weeks, it is always current info.
They are projected down from the high of the current weeks extreme and up from the low.
Target 1: median * 0.625
Target 2: median * 0.875
Target 3: median * 1.125
Target 4: median * 1.375
Knowing that there was a smaller & larger range, the Crash-zone projects a "likely" small and large range based on the middle range.

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TheRumpledOne
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Re: THE 100 PIP CHALLENGE

Postby TheRumpledOne » Sat Mar 05, 2016 10:15 pm

OBSERVATION:

Look at the chart.

Is the last candle red or green?

Sooner or later price will return to the close of the last candle.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Re: THE 100 PIP CHALLENGE

Postby PTG » Mon Mar 07, 2016 10:50 pm

It's the exit, not the entry :lol:

I don't have the time to find out how to post an image nor to install indicatörs in MT4 right now, but here it is anyway:

http://screencast.com/t/8ujdncvFr3I

Image
Last edited by PTG on Tue Mar 08, 2016 9:20 am, edited 1 time in total.
This is my new signature: "new signature".

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TheRumpledOne
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Re: THE 100 PIP CHALLENGE

Postby TheRumpledOne » Tue Mar 08, 2016 2:37 am

PTG wrote:It's the exit, not the entry :lol:

I don't have the time to find out how to post an image nor to install indicatörs in MT4 right now, but here it is anyway:

http://screencast.com/t/8ujdncvFr3I


You might not make 100 pips but you will usually collect some pips!!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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