Piphunter00 wrote:
Suprisingly simple! You are beginning to boil down your complex understanding into very digestable info MO!
Once weve fleshed out the zone isit just a matter of waiting for price to exit. Or do you prefer a close out of the zone then back in for BDP?
H4 = 2 lines of M30
D1 = 4
W1 = 8
MN = 16
I start with taking 2 or 3 lines of profit ('macro scalping') and then obsorb a portion of the profits to increase the position size ('stacking'); increasing size is worth more than holding:
maybe I exit and watch price move another 140 pips, but if my size doubles twice then that was only worth 35 pips (140/4) and on a future trade it is the same as bringing in 560 pips (140*4).
If I were waiting for the D1 to move through 2 lines then that is 8 lines at M30 size or if I thought that the body of the monthly candle would shrink by 1.5 lines then that is +24 lines: small expectations on large charts are large expectations on small charts.
How hard is it to double your position size?
If your risk-box is 8 lines and you make 8 lines then that is x(16/8) or double
or
if you make 3.5 lines twice in a row then that is x((11.5/8)*(11.5/8)) or a little over double.
If you make 1 monthly line then that is 24/8, or triple, and a double followed by a triple is 6x
The larger your position size the more you tend to trade larger charts for fewer lines so that short-term fluctuations don't break your bank:
instead of trading $150 per 10 pips on the M30 you might trade $150 per 40 on the D1; you are making 2 or 3 lines either way.
