The ideas that I trade by:

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1141
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 2
Location: South Africa
Gender: None specified
Contact:

Postby Jalarupa » Fri Jan 27, 2012 5:03 pm

Actually the indicator will work without the pnf indicator it is just used as such because of the space each line takes to draw.

But its main purpose is served with the PNF indi of course...

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: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Fri Jan 27, 2012 5:54 pm

Maybe the old version will but the updated version will not...

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1141
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 2
Location: South Africa
Gender: None specified
Contact:

Postby Jalarupa » Fri Jan 27, 2012 6:07 pm

Oh right yeah... still using the older version for m1, amazed at the psyche lvl SR... really obvious hehe

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Sun Jan 29, 2012 11:04 pm

Awwww, look what Bredin just released!


Image


3xCC only you can now see vast amounts of information without overlap!

scar
rank: <50 posts
rank: <50 posts
Posts: 9
Joined: Fri Feb 26, 2010 5:48 pm
Reputation: 0
Location: Raleigh, NC
Gender: None specified

Postby scar » Mon Jan 30, 2012 1:28 am

Hi MO,

Yep, Bredin's version is better than mine! :)

You mentioned using P&F charts more recently. What about Renko, since P&F is essentially a condensed version?

I've been looking at the 3xCC on Renko charts in the last week, and it looks quite interesting. With no overlap, it looks like it could be even more so. :lol:


J

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

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Jan 30, 2012 2:20 am

Probably took you about 10 second to throw that on a P&F chart ;)

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Jan 30, 2012 3:42 am

Bre' is the Master!!
Now if I can get him to fix our space calculator. hehehe

Take your time, we've got weeks and weeks!!!!!
#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

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Mon Jan 30, 2012 2:01 pm

scar wrote:Hi MO,

Yep, Bredin's version is better than mine! :)

You mentioned using P&F charts more recently. What about Renko, since P&F is essentially a condensed version?

I've been looking at the 3xCC on Renko charts in the last week, and it looks quite interesting. With no overlap, it looks like it could be even more so. :lol:


J


P&F does have Renko style charts only they are called (10) x 1 charts.

There are also: x2, x3, x4, x5, etc which increase the magnitude of the chart through reversal size.

Most of the time I am looking at an x2 chart with a box size of 10, 20, or 50.

If you like x1 charts and your Renko are NOT based on closing prices then go ahead and use a Renko chart.

User avatar
xXx
rank: 50+ posts
rank: 50+ posts
Posts: 112
Joined: Sat Feb 12, 2011 10:30 am
Reputation: 0
Location: London
Gender: Male

Postby xXx » Mon Jan 30, 2012 7:25 pm

Image

As I said I started to see but...
Looking back at my chart where I have entered and left I feel like an idiot and coward...
Any words of advice?



:smt117 :smt117 :smt117 :smt117

User avatar
MightyOne
rank: 5000+ posts
rank: 5000+ posts
Posts: 5251
Joined: Wed Dec 10, 2008 6:33 pm
Reputation: 46
Gender: Male

Postby MightyOne » Mon Jan 30, 2012 8:09 pm

It is like this...

Let us say that I have the idea that price eventually moves 1,000 pips be it in 5 months or a year.

Because price does move 1,000 pips I need only be in position & protect said position from being wiped out by "corrections".
As long as I have space I have position, as long as I have position I am in the market, & as long as I am in the market price I will carry me to the statistical range expansion of x period of time.

If I were to compare distance traveled to % gained to a pyramid then most of my money would be made in the top 3rd of the pyramid; it is a move as small as a daily candle that will double my account when I reach a large position size.

Some will say, "if that is true then you could easily lose 100% of your account in one day!"

The truth is that by that time you will have a lot of space and a guaranteed gain of 0+ to 100% of your account :P

You won't get paid every day like a scalper but your checks will be for one very large lump sum.

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


Return to “TheRumpledOne”