The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Sat Oct 20, 2012 12:41 pm

"maximise represented momentum in individual candles."

:)

It may also be related to the spacing of all your TF's but that IMO isn't a good enough reason to use a unique TF.
Life is just a journey

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

judokamak
rank: 50+ posts
rank: 50+ posts
Posts: 101
Joined: Mon Jan 09, 2012 9:20 am
Reputation: 0
Gender: None specified

Postby judokamak » Sat Oct 20, 2012 5:22 pm

Have an idea what is good enough reason?

arkan1976
rank: 150+ posts
rank: 150+ posts
Posts: 318
Joined: Thu May 06, 2010 9:57 am
Reputation: 0
Gender: None specified

Postby arkan1976 » Sat Oct 20, 2012 5:29 pm

Hello Mo,
Would be correct this interpretation ?

Image
Image

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sat Oct 20, 2012 6:41 pm

Yes, you could short 6 or 8 lots with a position at 3117 for a risk free trade.

However ;)

Considering your low initial lot size and chosen TF, I would opt for something like this:

Image


If price continues to fall then you can move the whole box down as low as a position @ 3150.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sat Oct 20, 2012 6:42 pm

Notice that making the 4 lot line a 2 lot line doubles your space.

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

arkan1976
rank: 150+ posts
rank: 150+ posts
Posts: 318
Joined: Thu May 06, 2010 9:57 am
Reputation: 0
Gender: None specified

Postby arkan1976 » Sat Oct 20, 2012 9:19 pm

Thanks I'll keep working on it

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sun Oct 21, 2012 3:46 am

judokamak wrote:Have an idea what is good enough reason?


The decision is about what is best for you :lol:

There is nothing wrong with trading 'unique' time frames; when you do, you are shifting from psychology and closer to statistics [ fudging in my case ;) ]

Karma
rank: 50+ posts
rank: 50+ posts
Posts: 145
Joined: Sat Jun 04, 2011 11:59 am
Reputation: 0
Location: South Florida
Gender: Male

Postby Karma » Mon Oct 22, 2012 7:16 pm

I wanted to share the link to this video discussing historical manias and then addressing the bubbles of today

http://youtu.be/b4zOAHoncF0

Truly how I see the event horizon

Just my $0.02

arkan1976
rank: 150+ posts
rank: 150+ posts
Posts: 318
Joined: Thu May 06, 2010 9:57 am
Reputation: 0
Gender: None specified

Postby arkan1976 » Mon Oct 22, 2012 9:54 pm

Hello MO, i took this trade, even won money, do you think I did well?

Image

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Tue Oct 23, 2012 12:58 am

If 9278 was your position then you were hemorrhaging money there for an hour.
You simply cannot let price move to or beyond your position.

It should look something like this:

Image

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


Return to “TheRumpledOne”