The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

salezyakuku
rank: 150+ posts
rank: 150+ posts
Posts: 158
Joined: Thu Mar 19, 2015 9:45 pm
Reputation: 67
Location: PL
Gender: Male

Re: The ideas that I trade by:

Postby salezyakuku » Tue Sep 13, 2016 2:03 pm

MightyOne wrote:Here is a line and a half on the monthly chart.

24 is 1.


Very tightly :shock:. What settings you using currently?

Thanks.
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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: 5875
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1329
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 13, 2016 2:37 pm

salezyakuku wrote:
MightyOne wrote:Here is a line and a half on the monthly chart.

24 is 1.


Very tightly :shock:. What settings you using currently?

Thanks.


This is a strategy, it is not THE strategy.

The object is to simply make at least one space on a monthly chart (28.8% of range) per day.
Currently the stop loss is 6.3 and the target is about 50.4 pips.

The risk is 1.5% over 3 lines.
% of range = 1.2 (1.2 or 1.8 is a "small" chart)
Multiplier is set to false
Lines are solid every 24

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 13, 2016 2:49 pm

Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!
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.

salezyakuku
rank: 150+ posts
rank: 150+ posts
Posts: 158
Joined: Thu Mar 19, 2015 9:45 pm
Reputation: 67
Location: PL
Gender: Male

Re: The ideas that I trade by:

Postby salezyakuku » Tue Sep 13, 2016 2:59 pm

MightyOne wrote:
salezyakuku wrote:
MightyOne wrote:Here is a line and a half on the monthly chart.

24 is 1.


Very tightly :shock:. What settings you using currently?

Thanks.


This is a strategy, it is not THE strategy.

The object is to simply make at least one space on a monthly chart (28.8% of range) per day.
Currently the stop loss is 6.3 and the target is about 50.4 pips.

The risk is 1.5% over 3 lines.
% of range = 1.2 (1.2 or 1.8 is a "small" chart)
Multiplier is set to false
Lines are solid every 24

Multiplier and all clear. One more time thanks.

BTW. In version 13, I setup % of range = 1.2 changed from 2.
Last edited by salezyakuku on Tue Sep 13, 2016 8:52 pm, 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"

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5875
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1329
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 13, 2016 3:16 pm

TheRumpledOne wrote:Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!


I am not making a video just to say "buy at a small chart horizontal line & trade from one monthly line to the next"! :lol:


EURGBPM5.png
EURGBPM5.png (47.94 KiB) Viewed 794 times

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: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 13, 2016 6:20 pm

MightyOne wrote:
TheRumpledOne wrote:Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!


I am not making a video just to say "buy at a small chart horizontal line & trade from one monthly line to the next"! :lol:


EURGBPM5.png


I was hoping someone other than MO would reply.
PLEASE!
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
forexbob
rank: 150+ posts
rank: 150+ posts
Posts: 263
Joined: Mon Apr 20, 2009 9:52 am
Reputation: 15
Location: Planet Earth
Gender: None specified

Re: The ideas that I trade by:

Postby forexbob » Tue Sep 13, 2016 7:36 pm

TheRumpledOne wrote:
MightyOne wrote:
TheRumpledOne wrote:Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!


I am not making a video just to say "buy at a small chart horizontal line & trade from one monthly line to the next"! :lol:


EURGBPM5.png


I was hoping someone other than MO would reply.
PLEASE!


Well , as far as i understood it is a sort of game, aka "american football".

So we have to win a line (or 3..)

The lines on the monthly are 28.8 apart from each other, and divided in 24 * 1,2 = 28.8

We start from a higher time frame, but entry on a lower time frame, and try to get 3 lines on the lower for 0,5% each

3*0.5%= 1.5%

And then there was something with eigths (have to reread the thread), but well 8*1.5%= 12%

Reread the thread, something with OPM, adding to the winning position without increasing your risk...

And then over 21 days MO got to 1080%

Thats not 21 * 12%, but 12% daily compounding.... Put the function FV in an excel sheet.

I think TRO does understand, but just asks for clear rules,

Where MO (some would say speaks in riddles) let us think :-)

User avatar
laksh
rank: 50+ posts
rank: 50+ posts
Posts: 115
Joined: Tue Jan 05, 2016 5:11 pm
Reputation: 8
Gender: None specified

Re: The ideas that I trade by:

Postby laksh » Tue Sep 13, 2016 10:44 pm

forexbob wrote:
I think TRO does understand, but just asks for clear rules,

Where MO (some would say speaks in riddles) let us think :-)


Great analogy with American Football.

TRO is a rock star Programmer: Left brain more dominant than right brain. :wink:

MO is a rock star (Ch)Artist : Right brain more dominant than left brain. :wink:

I admire both TRO and MO :)

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12778
Joined: Sun May 14, 2006 9:31 pm
Reputation: 1331
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 13, 2016 11:20 pm

laksh wrote:
forexbob wrote:
I think TRO does understand, but just asks for clear rules,

Where MO (some would say speaks in riddles) let us think :-)


Great analogy with American Football.

TRO is a rock star Programmer: Left brain more dominant than right brain. :wink:

MO is a rock star (Ch)Artist : Right brain more dominant than left brain. :wink:

I admire both TRO and MO :)


It is funny that you wrote that because I was thinking the exact same thing - left brain vs right brain.

But one should be able to describe what they are doing in a step-by-step fashion. Doesn't matter if it is cooking, dancing, trading, etc...
Because if you can't describe it...
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
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5875
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 1329
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 13, 2016 11:33 pm

Trade in the direction of the bias, entering after price crosses the '1.2% space' of your choosing, and exit after price moves one space on the monthly chart (28.8%, 24 lines of 1.2%).

Edit: You want a trade setup? There is no trade setup!
Trade away from a bleeping line in the direction of the bias. I don't have anything else to tell you.

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


Return to “TheRumpledOne”