Aliassmith Beats a "Dead Horse"

[aliassmith]

PRO Did you get this one? 10 pip or 2x
Basic pull back to zero. Off a double bottom test with pinbar.
Are you trading for real now or just hindsight?

I'm trading real SMALL.
I'm not sure you can say it's hindsight.
I mark the charts BEfore it moves.

I'd call it mastering my craft.
Like using Forex Tester but with Live charts.

AJ has seemed to draw me back in after years of being apart.
Moves almost all day/night, has low leverage requirements, and fairly good spreads.
I'm not sure of the TAX hit that will be taken when making big bucks so I'll cross that road when it becomes a problem.
Or go to indices. Those move well too.
If I'm forced later to trade a dollar based pair like EU I'd be trading market opens only cuz the rest of the time it DIES.

This the one your talking about?

#eu4.JPG

From what I know your biggest issue is ramping up your size and being able to still make good decisions. I would focus on getting your size up inch by inch Like the cheap blackjack tables risk $5 a hand

Narrow down what your A+ trades look like and focus on them.

[prochargedmopar]

PRO Did you get this one? 10 pip or 2x
Basic pull back to zero. Off a double bottom test with pinbar.
Are you trading for real now or just hindsight?

I'm trading real SMALL.
I'm not sure you can say it's hindsight.
I mark the charts BEfore it moves.

I'd call it mastering my craft.
Like using Forex Tester but with Live charts.

AJ has seemed to draw me back in after years of being apart.
Moves almost all day/night, has low leverage requirements, and fairly good spreads.
I'm not sure of the TAX hit that will be taken when making big bucks so I'll cross that road when it becomes a problem.
Or go to indices. Those move well too.
If I'm forced later to trade a dollar based pair like EU I'd be trading market opens only cuz the rest of the time it DIES.

This the one your talking about?

#eu4.JPG

From what I know your biggest issue is ramping up your size and being able to still make good decisions. I would focus on getting your size up inch by inch Like the cheap blackjack tables risk $5 a hand

Narrow down what your A+ trades look like and focus on them.

Great Idea and what I started doing last week. But, how bout MM's at a time?
I keep telling her all I want is another inch or two, but she says NO.
LOL

[prochargedmopar]

Here is a D+ trade that some how worked.
I marked what I thought was a factor but may just be random price spikes. LOL

#aj.JPG (67.28 KiB) Viewed 1335 times

#aj1.JPG (94.93 KiB) Viewed 1335 times

[aliassmith]

Here is a D+ trade that some how worked.
I marked what I thought was a factor but may just be random price spikes. LOL

#aj.JPG#aj1.JPG

What about a pinbar rejected from a zline then trade the breakout. About 1.5x

[prochargedmopar]

Here is a D+ trade that some how worked.
I marked what I thought was a factor but may just be random price spikes. LOL

#aj.JPG#aj1.JPG

What about a pinbar rejected from a zline then trade the breakout. About 1.5x

Yeah, I've been gravitating toward that a lot lately.
Big pin with/then Strong close is a price chasers dream.

[prochargedmopar]

Here is a D+ trade that some how worked.
I marked what I thought was a factor but may just be random price spikes. LOL

#aj.JPG#aj1.JPG

What about a pinbar rejected from a zline then trade the breakout. About 1.5x

I really like the inverted hammer and hanging man when in an area of interest.
Next bar almost always seems to close in proper direction.
Doesn't always mean full on reversal but have a chance to take profit or get out.

The rest is just Mo n Z

#aj5.JPG (101.31 KiB) Viewed 1193 times

[prochargedmopar]

Did i just right thees?
Instead of These?

Bahahahaha wtf?

[prochargedmopar]

Alias,

See what I'm talking about with those "hanging men".?

Price into something, Hanging man (or inverted hammer)
Next bar close proper direction.

#aj.JPG (45.03 KiB) Viewed 1166 times

[aliassmith]

Alias,

See what I'm talking about with those "hanging men".?

Price into something, Hanging man (or inverted hammer)
Next bar close proper direction.

#aj.JPG

In my opinion these types of candles have the most "influence " when they coincide with supply/demand areas, aka zlines and pointy places.

[BambinoFlex]

There’s a thread on Midpoints. Those candles, even if they’re bullish, close below the mid and if bearish, close above the mid. The edge is that the next bar will close in the “correct” direction. This coincides to MOs “pointy things” as Alias suggested as well as a comment he made about the mid point. Something along the lines that if a new candle is moving past the previous midpoint, it could signal a reversal. I didn’t read much of it but I remember reading it and that’s what stuck.