The idea's we trade by, so we never lose again. p2. The students become the masters

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v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 9:03 pm

cmac813 wrote:I'd imagine the next bar would be bullish due to price not closing below the middle line. Target somewhere by the upper line. Enter somewhere by the middle line on a lower time frame, exit by the upper line.


I know I responded to this but I don't see it, so real quick upper and lower lines profit has already been taking. So the path is clear for price to move beyond for more. Current candle is the illusion itcoud still close lower. But good ideas

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salezyakuku
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby salezyakuku » Mon Jun 13, 2016 9:13 pm

I would like to see channels disagrement. 8)
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"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

Sacrophage
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Sacrophage » Mon Jun 13, 2016 9:22 pm

salezyakuku wrote:I would like to see channels disagrement. 8)


What do you mean by this? PL is awesome BTW - used to have clients in Gdynia.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby prochargedmopar » Mon Jun 13, 2016 9:24 pm

v8power wrote:
prochargedmopar wrote:Last nights AU long scalp in review and why I only targeted .7400.

IMG_20160613_080600.jpg

Looks perfect. Did you just use 4hr charts or scroll down some? Now do the samething over and over whenever you see it



Only used h4 till in profit.
Then dropped to m10 to see I had almost 0 drawdown so moved sl up to -2.
#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: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 9:33 pm

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What are 2 of my exit targets. Zlines and crash zone. Crash zone is shown and extended threw the chart. Look where it cuts threw at. Extremes and breakous (zlines). Talk about confluence.

Also I have no idea what the next candle will be. But I have 2 different ideas of what price could do tomorrow that would let me build a idea to trade off of. Maybe some upward movement then bar finishing bearish, price just moving down straight into the cash zone, or down up possible action with a buy short term idea unfolding into a HTF idea. Did you check the weekly and monthly chart for clues( yea I know you don't know what pair just saying). Aslo what happens at 4:30 and 8:30 am est time tomorrow (news).

Its easy and simple if you are prepared and planned

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 9:55 pm

Sacrophage wrote:So, here we are in this cone - I want to be long, as my idea is to TP around 154. As I watch it go up (not long), I talk myself out of entering, saying, let's see a drop to the bottom of the cone, and go long on the bounce. I can also see a bounce down off of the top of the cone as a nice short... and here comes the indecision. So, I'm doing nothing, in accordance with advice from Ja and Mighty, for 90% of the time, or until it looks more natural.


I would be happy to sell price down for you and collect another 100 or 200 more pips. And if I see something I would gladly go long but just to 153.50 at first then maybe up to 155. If not I'll continue what I have been doing since the yearly extreme and selling this sucker lower and lower. 146 looks like a nice place to target.

5 min chart shows simple close over close under trade away from a daily extreme. 1hr chart shows my possible long term idea or possible area to break for a short
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 9:56 pm

salezyakuku wrote:I would like to see channels disagrement. 8)


Nice chart

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 10:08 pm

Lets look at a real time difficult decision. What would you do here. Price is at the daily high. Green line shows breakout/breakin. But you could also see price close above, then close under. How would you trader. What would you do.
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v8power
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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 10:40 pm

So I had a nice long post on my MM style and decided that would be a bad idea. But I would love to hear what others do cuz I think Im using OPM not the way it was meant, haha.

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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 10:43 pm

Either today or tomorrow EJ will have a breakout on the 5min during the 1st 4 hours of the Asian session and will continue till the us session for 100-150 pips

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