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 6:13 am

Jalarupa wrote:
Sacrophage wrote:I've been short EA. Exited Fri. Want to be short again, ideally from the top of the cone or better with a stop above 1.53, for a break below the low @ 1.519. Maybe exit the short at the cone that develops after that breakdown. If I don't get the entry, do I chase, or should I not even be looking for this entry, and instead be waiting for a move back up to 1.54? Secondarily, since you need to use such tight stops to trade big leverage, I imagine waiting is 90% of the strategy. What % of trades don't quite make it into your acceptable SL zone? Or, do you shift the setup and alter volume to accommodate?


Hey Sacro,

EURAUD H1.PNG

If I may your cones are a not correct (I know MO says 15 Degrees) But that's not IMO the best way to draw them... You need to connect Lows and Highs (like I have highlighted here... (this is highly subjective and you will get angles than vary depending on how steep you wish to make the cone)

Once you get the cone right you will see its easy to map future PA... Remember the Cone is the Markets DNA... two opposite forces that pull and push off of one another creating areas of supply and demand...

You are 100% correct waiting is 90% of the strategy... I use a EA (I'm sure I've posted a link to it before) that takes a trade if the trendline that you have set gets touched by PA... So for me waiting is just waiting for the email from FX Synergy to come saying that its GAME ON!

In terms of my personal SL... It depends on the amount of space I wish to give a pair... on a High Beta pair like the EURAUD I would perhaps double my space and half my position... and then scale in aggressively once price starts to distance itself from my average line...

I think the area you are now trading is perfect for shorting (but I'd be more inclined to fade the upper band trendlines (in RED) or the GREEN - because I'm a pussy)


I freaking love you Ja. My respect for you as a trader is the only reason I agreed to this thread. Your trading is like a van go, while im like a 5 year old that can't stay in the lines. Hopefully members will listen to you more then me.

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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 6:14 am

Put a baby sized long on G/J

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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

Postby prochargedmopar » Mon Jun 13, 2016 6:21 am

Ok, last chart today
For any extreme scalpers out there.
Was another entry @ZL m10.

IMG_20160613_011919.jpg
IMG_20160613_011919.jpg (153.17 KiB) Viewed 213 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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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby prochargedmopar » Mon Jun 13, 2016 6:30 am

Isn't all that subjectivity a little too complex.

Here is simplicity.

IMG_20160613_012826.jpg
IMG_20160613_012826.jpg (157.38 KiB) Viewed 212 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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Re: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby prochargedmopar » Mon Jun 13, 2016 6:36 am

GU M15,
Price has not closed above anything yet.

IMG_20160613_013441.jpg
IMG_20160613_013441.jpg (159.24 KiB) Viewed 209 times


I know, I know, off to pee then to bed even though Im already there with baby sleeping on my chest. lol
#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: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby v8power » Mon Jun 13, 2016 6:42 am

prochargedmopar wrote:Isn't all that subjectivity a little too complex.

Here is simplicity.

IMG_20160613_012826.jpg


Pro I do ask that if you post in this thread you do it with some seriousness. Now if you really trade all those lines and did it completely simple then I apologize. But I think Ja has a lot of amazing idea's and want him to get as complex and add as much subjectivity that he wants. I also asked you to post here because I know you have a lot of knowledge about ideas, patterns, systems and set ups and that may help someone else. Or even me. I love stealing idea's and twisting them until they work for me. That's all I ask. I don't need to lose my s**t again and have TRO tell me to be nice. Love ya pro.

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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 6:48 am

v8power wrote:
prochargedmopar wrote:Isn't all that subjectivity a little too complex.

Here is simplicity.

IMG_20160613_012826.jpg


Pro I do ask that if you post in this thread you do it with some seriousness. Now if you really trade all those lines and did it completely simple then I apologize. But I think Ja has a lot of amazing idea's and want him to get as complex and add as much subjectivity that he wants. I also asked you to post here because I know you have a lot of knowledge about ideas, patterns, systems and set ups and that may help someone else. Or even me. I love stealing idea's and twisting them until they work for me. That's all I ask. I don't need to lose my s**t again and have TRO tell me to be nice. Love ya pro.


Yeah, i can be a diick because Im not as profitable as I'd like.
I envy thee.
I will mostly just post in my own thread and leave you guys alone here but will read every post for sure.

Trading just seems so simple to me.
I want $$$$ though!!!!!
:-)
#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: The idea's we trade by, so we never lose again. p2. The students become the masters

Postby Jalarupa » Mon Jun 13, 2016 6:57 am

v8power wrote:Ok there has to be a faster to way to post charts. I have to save it from mt4, then a website pops up, then save it from there to my computer, then go to tiny pic, then browse for it and take forever cuz I now have a million pics the start with a pairs name, then upload it, then type the words to prove to tinypic im not abot, then finally cut and paste. I'm doing something wrong or is this the only way.


I use the snip tool in Windows... Just search snip in your start bar...
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

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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 7:20 am

Long gu, short ea

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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 7:25 am

Also lon ej

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