The ideas that I trade by:

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redart9
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Re: The ideas that I trade by:

Postby redart9 » Wed Sep 14, 2016 3:53 pm

May be TRO has a more logical brain than us and needs intelligible steps to make sense of something (it's the case for me!). That's why he is good in programming, and his code needs to be logical to execute properly. Are you more logical or more creative (or both)?
https://www.playbuzz.com/telegraph10/te ... al-are-you
I can't change the direction of the wind, but I can adjust my sails to always reach my destination.
Jimmy Dean

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Re: The ideas that I trade by:

Postby Sacrophage » Wed Sep 14, 2016 4:34 pm

It's not left/right brain. Markets are dynamic and it's impossible to come up with stone settings to harness it. Apart from the many entries and bias methods that have been discussed, the more important and unique pieces are 1)MM and 2)line spacing such that positions (SL's) aren't taken out by volatility. Many systems can be designed around these tools, but there will not be any one combination that threads the needle and works all of the time.

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Re: The ideas that I trade by:

Postby prochargedmopar » Wed Sep 14, 2016 5:04 pm

Sacrophage wrote:It's not left/right brain. Markets are dynamic and it's impossible to come up with stone settings to harness it. Apart from the many entries and bias methods that have been discussed, the more important and unique pieces are 1)MM and 2)line spacing such that positions (SL's) aren't taken out by volatility. Many systems can be designed around these tools, but there will not be any one combination that threads the needle and works all of the time.



This is why MOST of us traders are not successful.
Looking for the holy grail even if we will not admit it.

Being "wrong" is a MoFo.

Watching finch work is teaching me to trust my OWN analysis.
Watching ICT work is teaching me to trust the ZL.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: The ideas that I trade by:

Postby prochargedmopar » Wed Sep 14, 2016 5:06 pm

[quote="redart9"[/quote]

This is the best saying I've seen in a long time.
Thanks.

I can't change the direction of the wind, but I can adjust my sails to always reach my destination.
Jimmy Dean
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: The ideas that I trade by:

Postby aliassmith » Wed Sep 14, 2016 5:21 pm

prochargedmopar wrote:
Sacrophage wrote:It's not left/right brain. Markets are dynamic and it's impossible to come up with stone settings to harness it. Apart from the many entries and bias methods that have been discussed, the more important and unique pieces are 1)MM and 2)line spacing such that positions (SL's) aren't taken out by volatility. Many systems can be designed around these tools, but there will not be any one combination that threads the needle and works all of the time.



This is why MOST of us traders are not successful.
Looking for the holy grail even if we will not admit it.

Being "wrong" is a MoFo.

Watching finch work is teaching me to trust my OWN analysis.
Watching ICT work is teaching me to trust the ZL.


I believe you have that wrong. Never trust finch and never trust the zline. Trust yourself!
Trade Your Way as Long as It Makes Money!

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Postby MightyOne » Wed Sep 14, 2016 6:01 pm

YES_WE_CAN.png
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Re: The ideas that I trade by:

Postby TheRumpledOne » Wed Sep 14, 2016 10:44 pm

redart9 wrote:May be TRO has a more logical brain than us and needs intelligible steps to make sense of something (it's the case for me!). That's why he is good in programming, and his code needs to be logical to execute properly. Are you more logical or more creative (or both)?
https://www.playbuzz.com/telegraph10/te ... al-are-you



"needs intelligible steps "

It is a language/jargon problem...
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.

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Re: The ideas that I trade by:

Postby TheRumpledOne » Wed Sep 14, 2016 10:50 pm

MightyOne wrote: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.


MO:

This is a perfect example of why I do not "get it"!

"Trade in the direction of the bias, " - DEFINE BIAS
"entering after price crosses the '1.2% space' of your choosing" - WHAT EXACTLY IS 1.2% SPACE?
"exit after price moves one space on the monthly chart " - ??

If I understood exactly what the jargon meant (need a dictionary), then I think I would finally GET IT! I need it all in one place/document so I can read it and understand it.

Something like this:


DRAIN THE BANKS - LIKE A RAT

1) price within 20 pips of the CURRENT daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.


I will admit some people still have/had questions about those rules, too. That's why I started making videos. Seems to help some traders.

Thanks again, MO.
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.

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Re: The ideas that I trade by:

Postby roctao » Thu Sep 15, 2016 12:06 am

TheRumpledOne wrote:
MightyOne wrote: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.


MO:

This is a perfect example of why I do not "get it"!

"Trade in the direction of the bias, " - DEFINE BIAS
"entering after price crosses the '1.2% space' of your choosing" - WHAT EXACTLY IS 1.2% SPACE?
"exit after price moves one space on the monthly chart " - ??

If I understood exactly what the jargon meant (need a dictionary), then I think I would finally GET IT! I need it all in one place/document so I can read it and understand it.

Something like this:


DRAIN THE BANKS - LIKE A RAT

1) price within 20 pips of the CURRENT daily low - that is OPPORTUNITY

2) red candle closes

3) green candle closes - note the high price of the green candle.

4) enter long at the green candle's high price

5) STOP LOSS IS 10 PIPS

6) Take whatever profit you can.

7) If the rules do not mention it, then it is of no concern.


I will admit some people still have/had questions about those rules, too. That's why I started making videos. Seems to help some traders.

Thanks again, MO.



M.O.'s bias ( the direction that price is clearly moving in) is from a monthly chart.
As for the 8's and 24's. take a fib tool and add a line at every 12.5% line ( mark them 1-8) . Then take another and put lines at every 1.5625%. apply the 1st fib to the monthly range. then take the 1.5 fib and put it between 00 and your first 12.5 line.
once bias and grid ( the eights template. the fib analogy hopefully gives a since of what is happening mathematically) are established we will drop to a short term chart and look for entry (use rat rules maybe)
then as the chart starts going in your biased direction add at 1.5 then add at 1.5 then at 1.5. (look back a few pages for m.o.'s chart where he is adding 1/3's
its not football its music.
3/4 time
hopefully? M.O.?

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prochargedmopar
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Re: The ideas that I trade by:

Postby prochargedmopar » Thu Sep 15, 2016 6:29 am

aliassmith wrote:
prochargedmopar wrote:
Sacrophage wrote:It's not left/right brain. Markets are dynamic and it's impossible to come up with stone settings to harness it. Apart from the many entries and bias methods that have been discussed, the more important and unique pieces are 1)MM and 2)line spacing such that positions (SL's) aren't taken out by volatility. Many systems can be designed around these tools, but there will not be any one combination that threads the needle and works all of the time.



This is why MOST of us traders are not successful.
Looking for the holy grail even if we will not admit it.

Being "wrong" is a MoFo.

Watching finch work is teaching me to trust my OWN analysis.
Watching ICT work is teaching me to trust the ZL.


I believe you have that wrong. Never trust finch and never trust the zline. Trust yourself!



I trust the finch WILL get itself in trouble.
I trust that I and the Zline WILL help me get it out of trouble.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Thank you for your support.


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