The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Fri May 27, 2016 6:26 pm

Braathen wrote:
Thanks for your feedback m8 :D

I think a diffrence would be that you're taking x amount of boxes for profit.. adjusting and then re-entering at your "long" markings where
i am holding and adding at these marks trailing my space behind.

When you adjust from lets say 8's to 4's do you change your P&F or is that always done from a pre deteremind size?


I space the lines so that 16 - 24 of them will equal the weekly median range and I use the high/low of an H3/H4 chart to mark the points.

You do not need to resize your chart, simply line up the "PriceEntry" of the EIGHTS indicator with one of the lines of your P&F chart and trade based on triggers using a small candle chart.

I think that the high/low method is better used on larger charts where the data is already highly compressed.

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laksh
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Re: The ideas that I trade by:

Postby laksh » Fri May 27, 2016 7:04 pm

Just for guilty fun, I opened a sub trading account with play monies (made a typo with the deposit in GBP, so it came to $465 instead of $500!)

The only goal of this experiment is to achieve a win rate of 90%+ after 10000 manual trades irrespective of equity growth and see if the account growth will still be positive or negative!

Conventional trading wisdom is NOT followed to trade this account. Account is traded mainly on Mobile phone looking at quote list / ticks whilst waiting in a queue in shops/cafes etc.. Max stop loss is 25 pips but kill the trade within 10 pips of loss and TP is a pip or two or whatever!!

Lev - 1:30, will tweak it up to 1:60.

Any projections/comments ??? :-)

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P.S: Pip count is misleading due to a trade of DAX (GER_30) that shows 9 points as 900 pips :-)

John S.
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Re: The ideas that I trade by:

Postby John S. » Fri May 27, 2016 8:20 pm

C'mon MO, please respond to TRO's request. "Gobbledygook" is what you are famous for! LOL. :D

MightyOne wrote:
prochargedmopar wrote:

So you are saying.
Pattern in a pattern?


I am saying what I have always been saying...
there exists only the breakout and the place of origin.

If you cannot tell the difference between a breakout and a break-in then you are SOL :lol:

TRO wrote: Safer place?
How so?


Hard to explain without using gobbledygook :wink:

Sacrophage
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Re: The ideas that I trade by:

Postby Sacrophage » Fri May 27, 2016 8:33 pm

Reading Alias' thread... Best MO quote I've seen so far...

"The worst thing that you can do is expose a woman to money :lol:"

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Re: The ideas that I trade by:

Postby laksh » Fri May 27, 2016 8:42 pm

Sacrophage wrote:Reading Alias' thread... Best MO quote I've seen so far...

"The worst thing that you can do is expose a woman to money :lol:"


Ha ha!
There are some Proverbs 31 women in this world though :lol: Hmm, may be more of an exception!!

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Re: The ideas that I trade by:

Postby MightyOne » Sat May 28, 2016 1:29 pm

John S. wrote:C'mon MO, please respond to TRO's request. "Gobbledygook" is what you are famous for! LOL. :D


My "fame" is that of a neighbor, 7 years of communicating with a small group of people.

The group understands the local dialect (TROgalog, a language based on TRO), but to the outsider it is gobbledygook.

TRO knows the answer to his own question, he has quoted H. Rearden a thousand times:

- H.Rearden wrote: "Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's [from what?]
2) the price reverses from new high's [to what?]
They happen regardless of time frame (with the obvious limitations explained above)
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist."

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MightyOne
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C++

Postby MightyOne » Sat May 28, 2016 3:18 pm

This book has been sitting on the shelf for far too long.

I think that it is time to set aside 2 days and get her done...
it can't be that difficult to make a program draw x's and o's.

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laksh
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Re: C++

Postby laksh » Sat May 28, 2016 5:13 pm

MightyOne wrote: This book has been sitting on the shelf for far too long.

I think that it is time to set aside 2 days and get her done...
it can't be that difficult to make a program draw x's and o's.

and_so_it_begins.png


I think you will enjoy C++ concepts of Object Orientation and Re-usability etc. as the charts you mark already use these concepts.

Inspired by http://www.code.org initiative, I tried to learn C as it is the most widely used programming language of all time. I can write a program to print "Hello World" 8)

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MightyOne
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Re: C++

Postby MightyOne » Sat May 28, 2016 6:39 pm

laksh wrote:
I think you will enjoy C++ concepts of Object Orientation and Re-usability etc. as the charts you mark already use these concepts.

Inspired by http://www.code.org initiative, I tried to learn C as it is the most widely used programming language of all time. I can write a program to print "Hello World" 8)


I have written basic code in: Common Lisp, Java, Python (Course was so shtty it was discontinued), Ruby, HTML, MQL4, and a few others.

I hope to one day learn one of them well enough to do anything useful. :)

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Re: The ideas that I trade by:

Postby Sacrophage » Sat May 28, 2016 7:15 pm

Here's what I'm looking at for GJ next week.
Idea: Long to at least 163.
Position 1: 160 - at or around the open tomorrow.
Add size to trail up to each green line given the space.
Look for exits around each red line in case short side still in play.
Orange lines may be S/R.

Please give me your thoughts and I will do some more charts. 5 wks to 100% starts tomorrow!
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