The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Sun Feb 14, 2016 11:06 pm

v8power wrote:Also thank you MO for adding shrinkage and 3-2-1 to my knowledge. I love when you just mention simple ideas or knowledge in your posts. Its taking those pieces and adding them to everything else that just makes trading that much easier. What is a "little devil"?


This is a "Little Devil".

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Re: The ideas that I trade by:

Postby v8power » Sun Feb 14, 2016 11:35 pm

Alright you got me stumped. Im sure what I see isn't even remotely close to what your trying to show me. But I see 2 candles with higher/lower extremes (horn)then a candle in the middle (head). Then it looks like you have a angled line running from the 1st extreme. I attached a chart to try and show you what I am seeing. Red arrow up is horn, red x is the head. Try not to laugh to hard at my explanation.


Image

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 15, 2016 1:28 am

for_v8power4.png
for_v8power4.png (8.54 KiB) Viewed 717 times

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Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 15, 2016 1:32 am

v8power wrote:
...
I just happened to reread the blind mouse thread this weekend so I was looking at that plus some of your other ideas for trying to catch the yearly extreme.
...


I have found better ways since then, a multipronged approach that targets smaller waypoints.

Using the current 21.153% waypoints:

Always look to double a $minimum size entry (anything doubled can be halved).

If $min & no double, liquidate in profit.
$min times 2, 4, or 8 for up to 55 pips: liquidate at any price <55 pips, if 55 (+4, 8, or 16%) then reduce size by 50% & see what more
I can get. Any pips above 55 may be used to add another pair.

Revert to $min for hundreds of pips (+21.153%) if I hold a stop from a monthly extreme or breakout
(a small price to pay for the possibility of an effortless waypoint).

I make no claim that this is the best way, it is just my way.

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Re: The ideas that I trade by:

Postby v8power » Mon Feb 15, 2016 2:06 am



Ok now I see a double failure. But you have your line connected from the 1st horn, to the head. Which runs through the 2nd horn. I feel like you presented it to me in a line chart for a reason, but I am not sure. I feel like the 3rd horn is key. That it possibly could give you a false breakout signal, but you then know not to take it.

Yes I know you always have some fancy(good) MM and that is still on my to do list. While I don't do anything like you currently, I still start with 0.5% risk and gain profit cushion. I also break up my entries and do simple add on, like a rat trade with momo.

Saw you have dropped about 40 pds. Congrats and you did it with a keto. Whether it was a true keto or not that is awesome. But let me give you some MO advice for the weight loss. If you think you have 10 pds more to go, aim for 20. Everyone always underestimates their bodyfat. Also hold that weight for as long as you can (at least a few months). If not, once you start eating normal again you will put the weight right back on. At the end of Feb, I start my 6 month diet. I should lose 3-4 pds of fat a week, while gaining 1-2pds of muscle each week.

Here is a pic of me squatting 585 pds
Image

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Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 15, 2016 2:40 am

...I feel like you presented it to me in a line chart for a reason, but I am not sure...


I think half as much as people think I do :lol:

If this thread were "the rules I live by" then you would expect detailed lists, but because this thread is "the ideas I trade by"
you need only look at the picture and let an idea grow within yourself.

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Re: The ideas that I trade by:

Postby v8power » Mon Feb 15, 2016 2:53 am

Ah damnit MO, I knew you were going to say that. Haha. Alright tho. Any hints or ideas to expand on it. I learn best by actually seeing it happen on charts. I was the type of kid you told the stove was hot, but I still touched it to see.

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Re: The ideas that I trade by:

Postby salezyakuku » Mon Feb 15, 2016 9:33 am



If someone is interesting I attached modification.

You need have http://www.mt4gui.com/ installed before using it.

EDIT: Removed some code which clear all object.
Attachments
PerfectOpens2.mq4
(9.38 KiB) Downloaded 31 times
Last edited by salezyakuku on Mon Feb 15, 2016 11:35 am, edited 1 time in total.
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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Re: The ideas that I trade by:

Postby jrtrading » Mon Feb 15, 2016 11:16 am

I think you have said earlier that the idea of space eliminates problems
faster than they can grow.

Do you find that the road to profitability is a narrow one, with little room for error,
or is there an abundance.

I think you have said something like "what would you do if you knew you could not fail?" - is it like that?

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Mon Feb 15, 2016 4:54 pm

jrtrading wrote:I think you have said earlier that the idea of space eliminates problems
faster than they can grow.

Do you find that the road to profitability is a narrow one, with little room for error,
or is there an abundance.

I think you have said something like "what would you do if you knew you could not fail?" - is it like that?


If you are waiting for the chart to make you a profitable trader then you will be waiting a long time.

“What would you do if you knew you could not fail?”
―Robert H. Schuller

“Always look at what you have left. Never look at what you have lost.”
―Robert H. Schuller

“Today's accomplishments were yesterday's impossibilities.”
―Robert H. Schuller

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