The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5336
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 188
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sat Oct 03, 2015 2:14 pm

GBPUSDecnM5.png
GBPUSDecnM5.png (27.06 KiB) Viewed 320 times

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

jrtrading
rank: 150+ posts
rank: 150+ posts
Posts: 367
Joined: Mon Dec 01, 2014 9:04 am
Reputation: 7
Gender: None specified

Re: The ideas that I trade by:

Postby jrtrading » Sat Oct 03, 2015 3:42 pm

Could it be a good idea to go down to M1 and take advantage of the sentiment that is there?
Being more active with space, while sentiment lasts, if that makes sense.

Edit: This was a comment to the previous chart of GBP/USD, but also a general question.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5336
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 188
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sat Oct 03, 2015 4:50 pm

jrtrading wrote:Could it be a good idea to go down to M1 and take advantage of the sentiment that is there?
Being more active with space, while sentiment lasts, if that makes sense.

Edit: This was a comment to the previous chart of GBP/USD, but also a general question.


If price is volatile, range bound, and trendy then yeah.

If price is moving sideways on a small chart then you will want to go higher; sometimes
I have to move off of the M5 to an M15 chart & move my M30 to H1.

jrtrading
rank: 150+ posts
rank: 150+ posts
Posts: 367
Joined: Mon Dec 01, 2014 9:04 am
Reputation: 7
Gender: None specified

Re: The ideas that I trade by:

Postby jrtrading » Sat Oct 03, 2015 5:06 pm

MightyOne wrote:
jrtrading wrote:Could it be a good idea to go down to M1 and take advantage of the sentiment that is there?
Being more active with space, while sentiment lasts, if that makes sense.

Edit: This was a comment to the previous chart of GBP/USD, but also a general question.


If price is volatile, range bound, and trendy then yeah.

If price is moving sideways on a small chart then you will want to go higher; sometimes
I have to move off of the M5 to an M15 chart & move my M30 to H1.


Thanks!
Before when I was trading options on stocks I always wanted a bull market because everything - chart reading etc. becomes easier, not realizing that there are miniature bull/bear markets from the extremes almost every day..

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5587
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 17
Location: Granbury, TX
Gender: Male
Contact:

Re: The ideas that I trade by:

Postby prochargedmopar » Sun Oct 04, 2015 3:02 am

When support is perfect, AND BREAKS, double my lot size.
Epic.

Sure wish we could like or upvote posts on kreslik.
#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

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5336
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 188
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sun Oct 04, 2015 9:25 am

prochargedmopar wrote:When support is perfect, AND BREAKS, double my lot size.
Epic.

Sure wish we could like or upvote posts on kreslik.


I never said that :lol:

Ideas & action, not rules & confirmation.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5336
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 188
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sun Oct 04, 2015 10:36 am

They do this to traders all day long & people are none the wiser:

GBPUSDecnM2.png
GBPUSDecnM2.png (33.03 KiB) Viewed 356 times

jrtrading
rank: 150+ posts
rank: 150+ posts
Posts: 367
Joined: Mon Dec 01, 2014 9:04 am
Reputation: 7
Gender: None specified

Re: The ideas that I trade by:

Postby jrtrading » Sun Oct 04, 2015 11:57 am

MightyOne wrote:They do this to traders all day long & people are none the wiser:


How early could one have known that the support would be false?
From what I can see it is only at the last circle.


Edit: Sorry, meant the last support where you drew the descending line.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5336
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 188
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sun Oct 04, 2015 1:56 pm

If you can see loss then you can see profit. -MO


CHFJPYecnH1.png
CHFJPYecnH1.png (40.49 KiB) Viewed 327 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5336
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 188
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sun Oct 04, 2015 2:03 pm

Simple observation and statistics...

NOT PREDICTION.

If it was a chicken yesterday then it is likely a chicken today; if the chicken grows horns and starts breathing fire
then I will take that into consideration :roll:

Enough with the "how do you know" :lol:

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”