The idea's we trade by, so we never lose again. p2. The students become the masters
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
A lot in this pic. You have a pin bar at support after an abc pullback, forming an bull flag. The measured move puts the exit at 127.25 which is a daily and weekly high, plus a crash zone. Entry was 125.50, sl 125.30. Potential 9 to 1. Plus its also a possible weekly extreme turn around point. Its what i look for on Tuesday or Wednesday that lets me trade the weekly range from one extreme to another. its one of my favorite trade setups. I stole it from the blind mouse thread or the concept of trading the 2day or weekly extreme.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
2,500 to 3,000 pip move. Easily double your account. there isn't anything to support price, so if it breaks and closes lower it should just drop. Perfect triangle with the measured move right into a S/D zone. Gotta love confluence.
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- prochargedmopar
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Mr. Hyde wrote:2,500 to 3,000 pip move. Easily double your account. there isn't anything to support price, so if it breaks and closes lower it should just drop. Perfect triangle with the measured move right into a S/D zone. Gotta love confluence.
If price gets down to your "demand" levels, that double bottom will never hold.
Be a blow out.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Teaching a friend how to trade. Let him choose three trade setups that he liked and that is all he is allowed to trade. Gave him 2 weeks of training. Made 30% in his first month risking only 1% per trade. Ill let him max out at 3% per trade. Compunded he is looking at a zero added to his account every 3 months
He just sent me this. His biggest trade yet. A whopping 8 to 1!!!! Its only been said a million times. but if your not profitable master 1 or 2 setups and trade the s**t out of them. This is real life proof. He actually gave me an idea for a "system" that is based off of two indicators and a few candle stick patterns. the only discretionary part that i may add is support and resistance and maybe, MAYBE trendlines. But there not needed. Just me tinkering with stuff.
He just sent me this. His biggest trade yet. A whopping 8 to 1!!!! Its only been said a million times. but if your not profitable master 1 or 2 setups and trade the s**t out of them. This is real life proof. He actually gave me an idea for a "system" that is based off of two indicators and a few candle stick patterns. the only discretionary part that i may add is support and resistance and maybe, MAYBE trendlines. But there not needed. Just me tinkering with stuff.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Mr. Hyde wrote:A lot in this pic. You have a pin bar at support after an abc pullback, forming an bull flag. The measured move puts the exit at 127.25 which is a daily and weekly high, plus a crash zone. Entry was 125.50, sl 125.30. Potential 9 to 1. Plus its also a possible weekly extreme turn around point. Its what i look for on Tuesday or Wednesday that lets me trade the weekly range from one extreme to another. its one of my favorite trade setups. I stole it from the blind mouse thread or the concept of trading the 2day or weekly extreme.
Almost forgot. The best part abouit this type of trade is you have two pre planned add on's automatically. One when you break the flag, second when you break resistance. With the add on's you could double the RR from 9 to 1, to 18 to 1. At a 2% risk that is 36% gain. That's all you need for the week. you could lose 3 more trades and still hit that 30% weekly gain that i love so much. Haha. Not bad for a win rate of 1 out of 4.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
In at 3135. 3350 looks attractive.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
I love when price does this. Breaks a trendline and then runs up it on the backside.
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
Mr. Hyde wrote:head an shoulders. Pin bar entry on 1hr. 5 to 1RR
There was a better entry yesterday and a add on in London today. Good trade that finally played out. Now looking for a close below 9435 to expose the measured move of the head and shoulder at 9375. then 9300, 9200, and 9100.
Re: The idea's we trade by, so we never lose again. p2. The students become the masters
If price ranges 70% of the time you should probably learn how to play them and their breaks. Easy money.
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- prochargedmopar
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters
What did you do to train your brain to make big $$ from the markets??
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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