The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12709
Joined: Sun May 14, 2006 9:31 pm
Reputation: 995
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Thu Sep 15, 2016 2:58 pm

Just so everyone understands, I am NOT criticizing MO.
I do not understand MO.
But others do.
So I am the one who is "learning disabled".
MO is not to blame.

It took me 6 months just to learn HOW TO LEARN to do step aerobics.
6 months after that, I was one of the best in the class.
Then I even got my group fitness certification so I could teach step aerobics.
My determination to learn this will get me through it.
It is not easy.
But I will persist.
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.

fordguy
rank: <50 posts
rank: <50 posts
Posts: 16
Joined: Fri Mar 27, 2015 4:30 am
Reputation: 1
Gender: None specified

Re: The ideas that I trade by:

Postby fordguy » Thu Sep 15, 2016 4:30 pm

Took me 4 months to understand zlines! But what I learned from MO in regards to zlines made supply demand a walk in the park there after.

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12709
Joined: Sun May 14, 2006 9:31 pm
Reputation: 995
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Thu Sep 15, 2016 4:36 pm

fordguy wrote:Took me 4 months to understand zlines! But what I learned from MO in regards to zlines made supply demand a walk in the park there after.


Can you explain zlines in your own words?
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: 5648
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 858
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Thu Sep 15, 2016 4:41 pm

I don't think of a trade as an entry but as the placing of a stop loss and the normalization of risk; normalizing risk "trails" your stop loss and that is why I have said in the past that "trading is simply placing and trailing stops".

Lines spacing is based on a percentage of the weekly median range.

1.2% of the range for M1 charts

1.8% for M5 through H1 charts

3.6% for H4 charts

7.2% for Daily charts

14.4% for weekly charts

28.8% for Monthly charts.

The length of time that it takes for price to move through space, from one line to the other, determines the timeframe that you are trading;
like Point & Figure charting, the scale becomes the timeframe.

Space has two prices, the line above it and the line below it, & trades are triggered when price moves through space and touches a line.

EIGHTS strategy looks like this:
1.2% = $30
1.8% = $30
3.6% = $30
7.2% = $30
14.4% = $30
28.8% = $30
If you think that price will continue in a certain direction but you don't want to give profits back as fast as you have made them then you can move the trade to a larger scale; this will also release margin for buying and "pressing" other things.

There are no fast or slow moving pairs, every pair makes the same profit over a percentage of its own weekly range.
5 lines of profit is 5 lines of profit, you can resume your trade in any pair or period with 5 lines of OPM.

You could say that you are trading the weekly range 6 different ways as even the monthly chart can move through 3.5 lines per week.

The aggressive strategy looks like this:
1.2% = $50
28.8% = $1200
Trades are triggered when price moves through a small space and profit is taken when price moves through a large space.

monthly_lines.png
monthly_lines.png (51.27 KiB) Viewed 577 times

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5648
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 858
Gender: Male

Re: The ideas that I trade by:

Postby MightyOne » Thu Sep 15, 2016 5:12 pm

Diversification is slow at first but it adds up quickly as you increase your size evenly.

You might start off at .3% per line but by the time you get to your 5th pair you are making 1.5% per line.

Press those pairs 5 times and you are up to 5% per line.

You don't need to risk it all on one trade to make a lot of money...

wide_N_tall.png
wide_N_tall.png (7.45 KiB) Viewed 938 times

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: 5648
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 858
Gender: Male

Postby MightyOne » Fri Sep 16, 2016 1:20 am

Patterns and breakouts.

EURGBPH1.png
EURGBPH1.png (39.19 KiB) Viewed 887 times

salezyakuku
rank: 150+ posts
rank: 150+ posts
Posts: 156
Joined: Thu Mar 19, 2015 9:45 pm
Reputation: 61
Location: PL
Gender: Male

Re: The ideas that I trade by:

Postby salezyakuku » Fri Sep 16, 2016 12:40 pm

Still working how automate 15*. On left boom shakalaka... (Both automated).
15-8.png
15-8.png (86.04 KiB) Viewed 830 times
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

fordguy
rank: <50 posts
rank: <50 posts
Posts: 16
Joined: Fri Mar 27, 2015 4:30 am
Reputation: 1
Gender: None specified

Re: The ideas that I trade by:

Postby fordguy » Fri Sep 16, 2016 4:37 pm

Hey TRO just seen ur question. To me a zline is where a big bar busts thru a quiet spot then comes back to where it was. Didn't make any sense to me till I seen Sams explanation. Sam might be telling a myth but myths are simple parables for the layman to get a concept!. I don't trade zlines so much as I use em as a map to see where I'm at

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 12709
Joined: Sun May 14, 2006 9:31 pm
Reputation: 995
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Re: The ideas that I trade by:

Postby TheRumpledOne » Fri Sep 16, 2016 4:59 pm

fordguy wrote:Hey TRO just seen ur question. To me a zline is where a big bar busts thru a quiet spot then comes back to where it was. Didn't make any sense to me till I seen Sams explanation. Sam might be telling a myth but myths are simple parables for the layman to get a concept!. I don't trade zlines so much as I use em as a map to see where I'm at


Please post link to Sam's explanation. Thanks.
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.

fordguy
rank: <50 posts
rank: <50 posts
Posts: 16
Joined: Fri Mar 27, 2015 4:30 am
Reputation: 1
Gender: None specified

Re: The ideas that I trade by:

Postby fordguy » Fri Sep 16, 2016 5:31 pm

Sams ideas are pretty simple. Spot a consolidation at time frame extreme, observe movement away with momentum and look for the reverse on return. I'm pretty sure he is just Makin up the concept of supply and demand but it allows a way of Makin some sense of what you refere to as linear regression. Basically price swings out a ways and comes back. I'd post a link but really all of seiden technique would probably fit in a paragraph.

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


Return to “TheRumpledOne”