It was a FVG or Z-line as support
after 8:30am EST.
4X return
1 contract is $50 a pt.
27 pt. = $1350
Personally, I would recommend you have at least a $35k account for this trade.
I'm sure ICT would do it on a $9,000 account.
Moderator: moderators


aliassmith wrote:judokamak wrote:FVG from the lows
Turns out I can read your chart when I'm on my desktop.
Are you saying the yellow box is a FVG?
I didn't see one there.
There was a FVG in that green rectangle below it and it was cleared out.

cheunt3 wrote:TheRumpledOne wrote:aliassmith wrote:
LOL
and
HAHA
You have met MO right?
NO, I have not met MO. Spoke on the phone once or twice. And exchanged emails.
I think what alias is saying MO is always obtuse and deliberately cryptic all the time. If you ask Mo a direct question, you'll never get a direct answer.
I get why though, if everyone had your answer like 1, 2a and 2b to space then we all be fighting for the same price.

aliassmith wrote:S&P500 M5 Long
It was a FVG or Z-line as support
after 8:30am EST.
4X return
1 contract is $50 a pt.
27 pt. = $1350
Personally, I would recommend you have at least a $35k account for this trade.
I'm sure ICT would do it on a $9,000 account.

prochargedmopar wrote:aliassmith wrote:S&P500 M5 Long
It was a FVG or Z-line as support
after 8:30am EST.
4X return
1 contract is $50 a pt.
27 pt. = $1350
Personally, I would recommend you have at least a $35k account for this trade.
I'm sure ICT would do it on a $9,000 account.
He starts with sane risk for someone who can trade (meaning, he has tested his methodology for decades).
He THEN starts to add size after the account grows using, you guessed it, OPM.
He doesn't say as such but if a guy starts with $10k one day and then by the end of the day is trading $200k account, yeah, he been using OPM.
He calls it VELOCITY with his money.
Rather than the small size swing trade in which he personally would be able to take hundreds of trades inside of while others WAIT to hit their first TP.
Nothing wrong with scalping when you have a solid plan of attack.
Ask doji, or even Mr. Aliassmith.
aliassmith wrote:Dow As a comparison to the last chart.
This was a z-line entry
The stop was cheaper than the S&P 500
1 contract = $5 a pt.
230 pts. = $1150
6X return
Account size $18,500 plus.
Wonder if this is the case most of the time???????
aliassmith wrote:prochargedmopar wrote:aliassmith wrote:S&P500 M5 Long
It was a FVG or Z-line as support
after 8:30am EST.
4X return
1 contract is $50 a pt.
27 pt. = $1350
Personally, I would recommend you have at least a $35k account for this trade.
I'm sure ICT would do it on a $9,000 account.
He starts with sane risk for someone who can trade (meaning, he has tested his methodology for decades).
He THEN starts to add size after the account grows using, you guessed it, OPM.
He doesn't say as such but if a guy starts with $10k one day and then by the end of the day is trading $200k account, yeah, he been using OPM.
He calls it VELOCITY with his money.
Rather than the small size swing trade in which he personally would be able to take hundreds of trades inside of while others WAIT to hit their first TP.
Nothing wrong with scalping when you have a solid plan of attack.
Ask doji, or even Mr. Aliassmith.
I've recently been testing the M1 chart to improve my avg. gains. Speaking of fractal price action.
I called Velocity, "Risk Gearing"
If the market is running nice and smooth I'll build OPM and gear my risk higher. Starting at something under .5% then gear up to 1%. When I was younger I would risk 3% but I am more conservative these days. You can make $1M a year easily with 2.5% a week. No reason to bet the farm.

Mr. Hyde wrote:aliassmith wrote:prochargedmopar wrote:
He starts with sane risk for someone who can trade (meaning, he has tested his methodology for decades).
He THEN starts to add size after the account grows using, you guessed it, OPM.
He doesn't say as such but if a guy starts with $10k one day and then by the end of the day is trading $200k account, yeah, he been using OPM.
He calls it VELOCITY with his money.
Rather than the small size swing trade in which he personally would be able to take hundreds of trades inside of while others WAIT to hit their first TP.
Nothing wrong with scalping when you have a solid plan of attack.
Ask doji, or even Mr. Aliassmith.
I've recently been testing the M1 chart to improve my avg. gains. Speaking of fractal price action.
I called Velocity, "Risk Gearing"
If the market is running nice and smooth I'll build OPM and gear my risk higher. Starting at something under .5% then gear up to 1%. When I was younger I would risk 3% but I am more conservative these days. You can make $1M a year easily with 2.5% a week. No reason to bet the farm.
Haha. Yeah, never thought i would get to the point were i would be risking .25% a trade. Sometimes push it up to 1.5%, but thats just me being greedy and stupid.
Quick question. Your concept you rolled out a while ago. The moving average and then the strong/weak bars for entry. What was the moving average set to and was there any other rules. Thanks!
aliassmith wrote:Mr. Hyde wrote:aliassmith wrote:
I've recently been testing the M1 chart to improve my avg. gains. Speaking of fractal price action.
I called Velocity, "Risk Gearing"
If the market is running nice and smooth I'll build OPM and gear my risk higher. Starting at something under .5% then gear up to 1%. When I was younger I would risk 3% but I am more conservative these days. You can make $1M a year easily with 2.5% a week. No reason to bet the farm.
Haha. Yeah, never thought i would get to the point were i would be risking .25% a trade. Sometimes push it up to 1.5%, but thats just me being greedy and stupid.
Quick question. Your concept you rolled out a while ago. The moving average and then the strong/weak bars for entry. What was the moving average set to and was there any other rules. Thanks!
20sma
No real rules its more of a bias.
It must be studied to learn some entry/exit tactics