Aliassmith Beats a "Dead Horse"

[aliassmith]

EUR/USD US Session

RED Steep MA
Market Structure LL HH
1R was about 9 pips
4R if you have big balls or a crystal ball

Second entry good for 1R of 13 pips

Third trade good for 1R of 4 pips
or 2R of 8 pips

[aliassmith]

The purpose of the MAs as I said before is directional bias.
As you can see from the pic, the MAs are basically a visual of the micro-trend.
Notice the straight trend lines showing the same-ish thing.

So no its not a MA cross
It is a trend indicator.....
It is a visual tool....
To be used with other confluences
I personally like market structure
and the candle bias indy

Any number of entry/exit tactics can be used in conjunction with them.

[aliassmith]

Hey LEM you on Holiday or did you catch the Corona? Hopefully its Holiday.

Hi alias... it's not Corona, but he is unwell at the moment and too tired to log on, however his saddle and chaps are oiled up, on the hook & ready for action once he gets his strength back!

Get well soon LEM.

Come back LEM, you are one of the few reasons I still log in.
And of course to bug TRO with my squiggly lines and smartass-ness.

[prochargedmopar]

The purpose of the MAs as I said before is directional bias.
As you can see from the pic, the MAs are basically a visual of the micro-trend.
Notice the straight trend lines showing the same-ish thing.

So no its not a MA cross
It is a trend indicator.....
It is a visual tool....
To be used with other confluences
I personally like market structure
and the candle bias indy

Any number of entry/exit tactics can be used in conjunction with them.

We are definitely on the same page.
Only reason I put a squiggly on my chart again after years is YOU.
AND Mr. Hyde who seems to have vanished.

Now for the $ part.

[prochargedmopar]

EUR/USD US Session

RED Steep MA
Market Structure LL HH
1R was about 9 pips
4R if you have big balls or a crystal ball

Second entry good for 1R of 13 pips

Third trade good for 1R of 4 pips
or 2R of 8 pips

According to ICT WHEN we know where they are going to move price THEN that pretty much eliminates one and leans more toward the other.

###18.JPG (41.14 KiB) Viewed 2232 times

[tom7ak]

A - Thanks for sharing ur trades and ideas.

Below a trade from today. Multiply entries where arrows are. TPied where ticks.

[aliassmith]

A - Thanks for sharing ur trades and ideas.

Below a trade from today. Multiply entries where arrows are. TPied where ticks.

What MAs are you using?
Looks higher than mine.

[tom7ak]

These are 20 and 60. As u had said - 20 can be used as an indication of current PA. I might, but not necessarily, not take a trade in direction i want if 20sMA doesnt agree.

Two MAs gives me visual aid as to where about we are in a current Up or down swing.

I`d be reluctant playing cross reversal unless PA justifies it. As in Euro example this is purely confirmation the decision to enter short was probably right. It couldve been TP point or a CP as u had played.

[aliassmith]

PSA

TRO is about to mock trade on the trading nut youtube channel.
9pm EST on Aug 25th.

I'm going to predict he makes 10 pips.

[prochargedmopar]

PSA

TRO is about to mock trade on the trading nut youtube channel.
9pm EST on Aug 25th.

I'm going to predict he makes 10 pips.

Alert set, Will be interesting.