The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5388
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 303
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Fri Aug 12, 2016 1:58 pm

If there is a breakout then 00 is the previous extreme, not the midpoint.

NZDUSDM5.png
NZDUSDM5.png (59.39 KiB) Viewed 478 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: 387
Joined: Mon Dec 01, 2014 9:04 am
Reputation: 39
Gender: None specified

Re: The ideas that I trade by:

Postby jrtrading » Fri Aug 12, 2016 2:03 pm

Thanks MightyOne for the reply,
Your answer was pretty deep so I will have to digest what you have written - again, thanks.

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5388
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 303
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Fri Aug 12, 2016 4:56 pm

An update of PTG's chart.

The exact placement of the lines, that form the channels, is not important.

Observe this phenomenon and try to make better decisions:

EURJPYM5.png
EURJPYM5.png (72.5 KiB) Viewed 433 times

v8power
rank: 500+ posts
rank: 500+ posts
Posts: 959
Joined: Fri Oct 17, 2008 8:20 pm
Reputation: 16
Gender: None specified

Re: The ideas that I trade by:

Postby v8power » Fri Aug 12, 2016 8:57 pm

MightyOne wrote:An update of PTG's chart.

The exact placement of the lines, that form the channels, is not important.

Observe this phenomenon and try to make better decisions:

EURJPYM5.png


I had a pitchfork drawn from who knows when pretty close to that. It allowed me to go from 113.60 to the HOD and then even tho I was mentally still bullish, I put on half a position short right before that massive selling at 113.75

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12339
Joined: Sun May 14, 2006 9:31 pm
Reputation: 333
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Fri Aug 12, 2016 10:24 pm

TRO.png
TRO.png (87.68 KiB) Viewed 513 times


CHART ON DRUGS...LOL

I added some inputs and new options for where to plot the lines from.

extern bool Show_Open = false ;
extern bool Show_High = true ;
extern bool Show_Low = true ;
extern bool Show_Close = false ;
extern bool Show_Mid = false ;
extern color colorHigh = Red ;
extern color colorLow = Blue ;
extern color colorOpen = Orange ;
extern color colorClose = Chocolate ;
extern color colorMid = Aqua ;

You can turn the lines on/off.
Attachments
15-345-ray_TRO_MODIFIED.mq4
(7.32 KiB) Downloaded 27 times
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12339
Joined: Sun May 14, 2006 9:31 pm
Reputation: 333
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Fri Aug 12, 2016 10:29 pm

TRO.png
TRO.png (63.58 KiB) Viewed 512 times


Using daily high / low
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12339
Joined: Sun May 14, 2006 9:31 pm
Reputation: 333
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Fri Aug 12, 2016 10:33 pm

TRO.png
TRO.png (52.75 KiB) Viewed 510 times


Using the daily open.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

dr000
rank: <50 posts
rank: <50 posts
Posts: 13
Joined: Mon Feb 06, 2012 5:15 pm
Reputation: 0
Location: Oakland, CA
Gender: None specified

Re: The ideas that I trade by:

Postby dr000 » Sat Aug 13, 2016 8:39 am

So I just looked at this monthly chart. Am I just being silly?

I don't know wtf I'm doing!
Attachments
eurjpyecn-mn1-tallinex-limited-2.png
eurjpyecn-mn1-tallinex-limited-2.png (64.03 KiB) Viewed 474 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5388
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 303
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Sat Aug 13, 2016 3:58 pm

dr000 wrote:So I just looked at this monthly chart. Am I just being silly?

I don't know wtf I'm doing!


Look for the breakout and then trace it back to the congestion.

Don't mark everything, mark what is relevant to the ideas that are floating around in your head.

Is price above the monthly midpoint?
If so then the direction is up.

Was there a breakout above the high of the previous monthly candle?
If so then take long triggers above and short triggers below.

Is the midpoint of the current candle higher than the previous high?
If so then use the midpoint.

for_dr000.png
for_dr000.png (21.24 KiB) Viewed 437 times

NZDUSDMonthly.png
NZDUSDMonthly.png (34.9 KiB) Viewed 437 times

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12339
Joined: Sun May 14, 2006 9:31 pm
Reputation: 333
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Sat Aug 13, 2016 5:59 pm

TRO.png
TRO.png (42.8 KiB) Viewed 420 times


Work in progress.
Added angles to the TRO_HL5 indicator.
Chart shows 15 degrees +/- from the last 5 daily opens.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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


Return to “TheRumpledOne”