ProchargedMopar's Trading Trilogy

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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Post by prochargedmopar »

Back at the grocery store
and off the 50 levell.
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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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Post by prochargedmopar »

###misc1.jpg
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###misc2.jpg
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###misc3.jpg
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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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Post by prochargedmopar »

###misc4.jpg
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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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Post by prochargedmopar »

IMG_6613.jpeg
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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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Post by prochargedmopar »

IMG_6614.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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prochargedmopar
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Re: ProchargedMopar's Trading Trilogy

Post by prochargedmopar »

prochargedmopar wrote:IMG_6614.png
IMG_6615.jpeg
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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: ProchargedMopar's Trading Trilogy

Post by Philthecat »

I didn't take this but 5 minutes earlier to my screen I would have:
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Re: ProchargedMopar's Trading Trilogy

Post by kiwiarian »

Philthecat wrote:I didn't take this but 5 minutes earlier to my screen I would have:
I was looking at a picture from Dragon yesterday where he had the 4hr momo candle showing 0 to 50 % lines and then I think it was 15m and maybe 5m as well looking to tap into that area highlighted by the 4 hr candle.
I take it this is the same methodology?
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Re: ProchargedMopar's Trading Trilogy

Post by Philthecat »

kiwiarian wrote:
Philthecat wrote:I didn't take this but 5 minutes earlier to my screen I would have:
I was looking at a picture from Dragon yesterday where he had the 4hr momo candle showing 0 to 50 % lines and then I think it was 15m and maybe 5m as well looking to tap into that area highlighted by the 4 hr candle.
I take it this is the same methodology?
It's similar to what Dragon would have looked for, but I think he would have also looked for 15min/H1 zlines within the 50% of H4 momo bar as well. He also seemed to use a variety of entries; some at the zline and some at the candle extreme, particularly when adding to a position.

Had Dragon taken this particular trade, he would have taken a loss as price shortly after returned and took out the highs. He wouldn't have been interested in a measly 2:1 return :)
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Re: ProchargedMopar's Trading Trilogy

Post by kiwiarian »

Philthecat wrote:
kiwiarian wrote:
Philthecat wrote:I didn't take this but 5 minutes earlier to my screen I would have:
I was looking at a picture from Dragon yesterday where he had the 4hr momo candle showing 0 to 50 % lines and then I think it was 15m and maybe 5m as well looking to tap into that area highlighted by the 4 hr candle.
I take it this is the same methodology?
It's similar to what Dragon would have looked for, but I think he would have also looked for 15min/H1 zlines within the 50% of H4 momo bar as well. He also seemed to use a variety of entries; some at the zline and some at the candle extreme, particularly when adding to a position.

Had Dragon taken this particular trade, he would have taken a loss as price shortly after returned and took out the highs. He wouldn't have been interested in a measly 2:1 return :)
ok, I dont think I have read about the 1hr and 15 min entries yet, will keep a look out for them. The 4hr one seems quite straight forward anyhow.
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