The ideas that I trade by:

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Sat Mar 11, 2017 6:28 pm

tom7ak wrote:
I am not sure if i was invited or not, got in anyway and quite enjoyed it till i booted myself out with a loss :roll:
You don`t trade any more, do you? If so why did you stop?
I added Ted`s book to my list, thank you


Risk pips per idea, not pips per trade.

If you risk 20 pips, lose 15, & your current position size can be divided by 10 then you have these options:
(10/6)5 = 8.33 pips
(10/5)5 = 10
(10/2)5 = 25 (what can you do with 25 pips?)
Now you might not want to trade at a size of 6, 5, or 2, but it is better than pulling another 20 pips out of your pocket.

Risk what you are risking & use up every pip if it is possible.

You are the master of the money flow & the sole protector of your own little piece of the pie; there are many things that the chart will do to try and eat your pie but you will parry all of the attacks if you manage your money well.

Ted was an interesting fellow, if I learned one thing from him it is that I don't "have to" draw on my charts in any particular way; looking at his charts one call tell that it is all intuition and art.

While family obligations and personal interests consume a lot of my time I do still trade live accounts.

I look for trades on large charts so that I don't have to spend all of my time watching price bounce up and down.

Accumulation is important but it can be done in ones spare time as large chart moves take days, weeks, or even months to develop.

All of this is my opinion, there are plenty of people out there who are a more perfect image of what one thinks a trader should be & they will happily accept your money in exchange for personal experience :wink:

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jrtrading
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Re: The ideas that I trade by:

Postby jrtrading » Sun Mar 12, 2017 11:06 am

Hi MO

I just wanted to say thanks for all the help you have given me,
you have no idea how much it meant to me beyond trading; the act but also the intention.

If there is anything I can do for you (like programming things in MT4, im pretty good at it), please do not hesitate to ask!
I sincerely mean it

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Re: The ideas that I trade by:

Postby Mr. Hyde » Mon Mar 13, 2017 6:31 am

"Accumulation is important but it can be done in ones spare time as large chart moves take days, weeks, or even months to develop."

This is a very important topic to me. As of right now I don't mind trading all 3 sessions (its winter), but come summer time (and if I ever have a family), trading London wont be possible and Asia only if I happen to have a chance. Any insight as to how you do this?

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Re: The ideas that I trade by:

Postby Mr. Hyde » Mon Mar 13, 2017 6:48 am

Mira wrote:
Mr. Hyde wrote:
Mira I have been loving your posts and charts. I did a quick mark up (not H lines) but just what I see and think might help. You have given me new idea's and things to look at and have reinforced old idea's, so keeping posting. The h1 chart is just horz lines, extremes, closes, S/R, 123's (price finds a new high/low, gets rejected, returns, then off the other way again HUGELY IMPORTANT). Then look where that last 15 angle drawn at the bottom would have supported price (this weeks low).

eurusd-h1-fx-choice-limited.png

Then the daily show how you roll your small chart trade into a large chart idea

eurusd-d1-fx-choice-limited.png



Hi Mr. Hyde :D

Thank you much for your help and for your charts, I'm studying them and trying to see what I'm missing.
I made a more precise pic to better understand the concept, please correct me if I'm wrong.


In this picture i'm treating a momo as a 123 entry: 1 is the open, 2 the close and 3 the WD.
If i focus on this situation i can see that the line that matters here is the close (entry at BO/pullback of the 2, based on 123 pattern 'rules'), is this right?

MOMO1.png

And if i look to a lower tf i could see how this is the same close over / MO's oval

MOMO2.png

It's the same thing i was looking at before today but now i'd have a reason to go long/short (because of the zline, not simply trading a pattern).
So, if i put all this on a bigger chart:

gold MN.png
gold daily.png

Hoping that i'm catching your hints, thank you much for your patience :)


Yup I think you got it. Here is a real time example. Also look how the long exit is the 1st style exit MO just blessed us with. Don't ya just love it when it all comes together.

eurjpy-m15-oanda-division1.png
eurjpy-m15-oanda-division1.png (46.83 KiB) Viewed 3524 times


when_2_exitbyMO.png
when_2_exitbyMO.png (10.95 KiB) Viewed 3524 times

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Re: The ideas that I trade by:

Postby Mr. Hyde » Mon Mar 13, 2017 7:33 am

Mr. Hyde wrote:
Mira wrote:
Mr. Hyde wrote:
Mira I have been loving your posts and charts. I did a quick mark up (not H lines) but just what I see and think might help. You have given me new idea's and things to look at and have reinforced old idea's, so keeping posting. The h1 chart is just horz lines, extremes, closes, S/R, 123's (price finds a new high/low, gets rejected, returns, then off the other way again HUGELY IMPORTANT). Then look where that last 15 angle drawn at the bottom would have supported price (this weeks low).

eurusd-h1-fx-choice-limited.png

Then the daily show how you roll your small chart trade into a large chart idea

eurusd-d1-fx-choice-limited.png



Hi Mr. Hyde :D

Thank you much for your help and for your charts, I'm studying them and trying to see what I'm missing.
I made a more precise pic to better understand the concept, please correct me if I'm wrong.


In this picture i'm treating a momo as a 123 entry: 1 is the open, 2 the close and 3 the WD.
If i focus on this situation i can see that the line that matters here is the close (entry at BO/pullback of the 2, based on 123 pattern 'rules'), is this right?

MOMO1.png

And if i look to a lower tf i could see how this is the same close over / MO's oval

MOMO2.png

It's the same thing i was looking at before today but now i'd have a reason to go long/short (because of the zline, not simply trading a pattern).
So, if i put all this on a bigger chart:

gold MN.png
gold daily.png

Hoping that i'm catching your hints, thank you much for your patience :)


Yup I think you got it. Here is a real time example. Also look how the long exit is the 1st style exit MO just blessed us with. Don't ya just love it when it all comes together.

eurjpy-m15-oanda-division1.png

when_2_exitbyMO.png


eurjpy-m15-oanda-division1-2.png
eurjpy-m15-oanda-division1-2.png (49.14 KiB) Viewed 3521 times

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Re: The ideas that I trade by:

Postby Mr. Hyde » Mon Mar 13, 2017 8:42 am

There is your exit. +30 pips
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eurjpy-m15-oanda-division1-2.png
eurjpy-m15-oanda-division1-2.png (54.89 KiB) Viewed 3529 times

Mr. Hyde
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Re: The ideas that I trade by:

Postby Mr. Hyde » Mon Mar 13, 2017 9:38 am

Mr. Hyde wrote:There is your exit. +30 pips


Then quick re enter and exit for +25 pips. Not bad.
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Re: The ideas that I trade by:

Postby Mira » Mon Mar 13, 2017 10:34 am

Mr. Hyde wrote:There is your exit. +30 pips


Hi Mr. Hyde! Thank you very much for the help you are giving me, I see your entry!

Two lines on H4 + price unable to close over the upper one

IMG_2445.PNG
IMG_2445.PNG (55.67 KiB) Viewed 3772 times


H1 = BDP

IMG_2446.PNG
IMG_2446.PNG (59.88 KiB) Viewed 3772 times


M15 = "M" pattern / failure on new highs + fractal confirmation in the oval

IMG_2447.PNG
IMG_2447.PNG (63.78 KiB) Viewed 3772 times



Nice trade and beautiful charts! =D> :D
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Re:

Postby forexbob » Mon Mar 13, 2017 10:37 pm

MightyOne wrote:Has anyone tried using Sublime Text 3 to write code?



nope, but thanks for sharing the info

i think an editor is very personal, and when you are used to it, you will not change easily.

for ages i have used spf/pc ; just because i could almost use it blindly because on mainframes
i had used spf for decades.

later i switched over to ultraedit, which i still use.

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Re: The ideas that I trade by:

Postby MightyOne » Tue Mar 14, 2017 4:38 am

I shall give them the name "paperclips" :lol:


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