Aliassmith Beats a "Dead Horse"

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3024
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2212
Gender: None specified

Re: Aliassmith Beats a "Dead Horse"

Postby LeMercenaire » Tue Jul 20, 2021 10:36 am

Don't you just love predictability?

BackToTheZ-Line20thJuly2021.png
BackToTheZ-Line20thJuly2021.png (29.13 KiB) Viewed 433 times

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

buffalo
rank: <50 posts
rank: <50 posts
Posts: 36
Joined: Mon Dec 17, 2018 6:56 pm
Reputation: 23
Gender: None specified

Re: Aliassmith Beats a "Dead Horse"

Postby buffalo » Wed Jul 21, 2021 8:58 pm

IgazI wrote:
buffalo wrote:
I understand the rotations, look for reversals after x amount of blocks. I know youve mentioned kagi charts for stop placement, is that what you actaully use? Ive been watching the brian watts videos also, do you do that grid type trading like him?

in this chart i drew lines at each block 10 or more. It would work sometimes to just have on order at that block. why I ask about reading price is so i can more accurately time the reversal



Rotations are not simply 'looking for reversals after x amount of blocks': if you don't set the blocks in the way that I described then you might as well go back to throwing darts at a newspaper. If you're planning on passing on 2/3 of the rotations to trade 10's and 12's then you are also wasting your time.

Your small chart does not matter, whichever chart you want to use to zoom in on a rotation is just fine.

I think the best way to go about it is to day trade options, but most people layer orders like Brian; trading as price is falling through horizontal lines requires the least amount of money and skill so that is what I recommend, & all suggestions are based on that style of trading.

save_as.png


apparently I wasnt on the same page #-o

after much thinking I feel like this is more so what youre talking about-

since we dont know how long a green column will be until a red one starts, if that green column falls within the length of a common rotation then you wait for the pull back to trade away from those areas

forkreslik5.png
forkreslik5.png (112.89 KiB) Viewed 356 times

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 2866
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 1150
Gender: Male

Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jul 22, 2021 12:12 am

buffalo wrote:
IgazI wrote:
buffalo wrote:
I understand the rotations, look for reversals after x amount of blocks. I know youve mentioned kagi charts for stop placement, is that what you actaully use? Ive been watching the brian watts videos also, do you do that grid type trading like him?

in this chart i drew lines at each block 10 or more. It would work sometimes to just have on order at that block. why I ask about reading price is so i can more accurately time the reversal



Rotations are not simply 'looking for reversals after x amount of blocks': if you don't set the blocks in the way that I described then you might as well go back to throwing darts at a newspaper. If you're planning on passing on 2/3 of the rotations to trade 10's and 12's then you are also wasting your time.

Your small chart does not matter, whichever chart you want to use to zoom in on a rotation is just fine.

I think the best way to go about it is to day trade options, but most people layer orders like Brian; trading as price is falling through horizontal lines requires the least amount of money and skill so that is what I recommend, & all suggestions are based on that style of trading.

save_as.png


apparently I wasnt on the same page #-o

after much thinking I feel like this is more so what youre talking about-

since we dont know how long a green column will be until a red one starts, if that green column falls within the length of a common rotation then you wait for the pull back to trade away from those areas

forkreslik5.png


It can be difficult, there are a lot of pages you could be on, wrote by different people.

At some point you'll see a concept and make it your own.
I've been trading various methods of order imbalance for years now. Zlines being one of them along with structure.
Trade Your Way as Long as It Makes Money!

User avatar
IgazI
rank: 150+ posts
rank: 150+ posts
Posts: 312
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 334
Gender: None specified

Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Thu Jul 22, 2021 4:00 pm

buffalo wrote:

apparently I wasnt on the same page #-o

after much thinking I feel like this is more so what youre talking about-

since we dont know how long a green column will be until a red one starts, if that green column falls within the length of a common rotation then you wait for the pull back to trade away from those areas

forkreslik5.png


You're right, we don't know how long a green column will be, but if you do the first step of making sure that 2/3 of the columns are single digit then most of the columns will be profitable at their target prices; if the above is not true then you need to adjust the box size until it is.

No matter the size of the chart that you are trading you are selling up rotations and buying down rotations, betting against the moves that appear around 25% of the time; selling/buying 2-3 box reversals.

The market can rotate up and the market can rotate down, there is no third option.
Om Aim Hrim Klim Chamundaye Vichche

buffalo
rank: <50 posts
rank: <50 posts
Posts: 36
Joined: Mon Dec 17, 2018 6:56 pm
Reputation: 23
Gender: None specified

Re: Aliassmith Beats a "Dead Horse"

Postby buffalo » Thu Jul 22, 2021 4:50 pm

IgazI wrote:
buffalo wrote:

apparently I wasnt on the same page #-o

after much thinking I feel like this is more so what youre talking about-

since we dont know how long a green column will be until a red one starts, if that green column falls within the length of a common rotation then you wait for the pull back to trade away from those areas

forkreslik5.png


You're right, we don't know how long a green column will be, but if you do the first step of making sure that 2/3 of the columns are single digit then most of the columns will be profitable at their target prices; if the above is not true then you need to adjust the box size until it is.

No matter the size of the chart that you are trading you are selling up rotations and buying down rotations, betting against the moves that appear around 25% of the time; selling/buying 2-3 box reversals.

The market can rotate up and the market can rotate down, there is no third option.


ok its slowly making more sense to me. Thank you for the replies everyone

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


Return to “TheRumpledOne”