THE MACRO PIP

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volnmar
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Re: THE MACRO PIP

Postby volnmar » Sat Jul 11, 2015 9:27 am

MO can you please share name of indicator for candles on first page? pink and black.. I reinstaled PC and lost it.
Just learning

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MightyOne
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Re: THE MACRO PIP

Postby MightyOne » Sat Jul 11, 2015 2:34 pm

volnmar wrote:MO can you please share name of indicator for candles on first page? pink and black.. I reinstaled PC and lost it.


It is called 'Perfect Opens'

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Re: THE MACRO PIP

Postby volnmar » Sun Jul 12, 2015 9:55 pm

MightyOne wrote:
volnmar wrote:MO can you please share name of indicator for candles on first page? pink and black.. I reinstaled PC and lost it.


It is called 'Perfect Opens'


Thank you
Just learning

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prochargedmopar
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Re: THE MACRO PIP

Postby prochargedmopar » Tue Jul 14, 2015 4:10 am

Nutty,
2 legged pullback in bull move followed by 3 inside bars.
Signal bar was not too good as it was down and my entry was worst possible.
A breakout.
Still right @ 1:1 macro pip R:R on the scalp.
Better than I'd ever attempt scalping for micro pips.

Screenshot_2015-07-13-23-06-37.png
Screenshot_2015-07-13-23-06-37.png (156.62 KiB) Viewed 4298 times
#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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MightyOne
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Re: THE MACRO PIP

Postby MightyOne » Tue Jul 14, 2015 5:46 am

Nutty,
2 legged pullback in bull move followed by 3 inside bars.
Signal bar was not too good as it was down and my entry was worst possible.
A breakout.
Still right @ 1:1 macro pip R:R on the scalp.
Better than I'd ever attempt scalping for micro pips.


I know that it is not as 'kewl' as micro scalping, but it gets the job done :wink:

You are doing very well PRO :smt029 :smt023

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Re: THE MACRO PIP

Postby prochargedmopar » Wed Jul 15, 2015 6:18 am

These daily candles do not look anything alike.
Hmmmmmmmmmmmmmmmmmmmmmmmm

With oanda you can choose to have NO gaps between open and closes, same with fxtrade phone app.
Is this pretty much the same as perfect opens?

nothingalike.png
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#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 MACRO PIP

Postby prochargedmopar » Wed Jul 15, 2015 6:23 am

This Tallinex charting platform has got to go.
Those little peckerstick Sun. candles bug the hell out of me.
#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 MACRO PIP

Postby prochargedmopar » Fri Jul 17, 2015 5:28 pm

Does anyone remember this chart from page one?

The trade:
DirectionofProfit.png
DirectionofProfit.png (108.02 KiB) Viewed 4171 times


The Profit:
TheProfit.png
TheProfit.png (22.54 KiB) Viewed 4171 times


M.O. aint no joke.
#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 MACRO PIP

Postby prochargedmopar » Thu Jul 30, 2015 4:46 pm

With the activity in this thread, It appears most are unwilling to let go of the MICRO pip.

:smt024
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MightyOne
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Re: THE MACRO PIP

Postby MightyOne » Thu Jul 30, 2015 5:46 pm

prochargedmopar wrote:With the activity in this thread, It appears most are unwilling to let go of the MICRO pip.

:smt024


You don't have to 'give up' the micro pip.

Let's say that you trade Space Wars at $0.10/pip.

If you make 15 macros at $0.30/pip ($45) then you have 45 space at $0.10/pip.

Accumulate to $3 & 100 space and the same 15 macros is $450.
We are not going to risk all of our labor on one trade so we either trade
2 charts at $1.50/pip or
3 charts at $1.00/pip (10 macros for each).

If you are only at $3 & 60 space then you can reduce to $2/pip for 90 space (9 macros)
or you can reduce to $1.50 for 120 space or 12 macros...

...with the first option you would trade 2 charts with a 9 macro stop for $2/pip &
with the second option you might trade 2 charts with a 6 macro stop for $1.50/pip.

For as long as size can be reduced space can be multiplied & risk can be diversified;
accumulation is critical to your success.

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