Aliassmith Beats a "Dead Horse"

[Yirbu]

How are you entering your trades? Or are you using different entry methods?

I do have a couple of different entries; (inside bars, pinbars en momentum bars)
Trade #1; price breaks the sma, stalls a bit and prints an inside bar. I take the break of the inside bar.
Works good if yesterdays high/low is close like here (dotted red line) take profit is at that line.
Trade #2; again the inside bar, then a pinbar...problem was that the structure wasn't really nice and the daily open (blue line) was too close
Trade #3; momentum bar but there was no follow through.
Trade #4; again an inside bar (that tiny candle)
Trade #5; I thought it was a momo bar but it just isn't big enough and the Sma was flat
Trade #6; inside bar again but the momentum already died...the bars were way too small

So today most of the time inside bars, I also like to use a pinbar entry of the Sma but the standard entry is a momentum bar. I would like use the z-line entries but I see that as a way to make my entry better. Right now I would like to focus on choosing a good enough entry in the first place.

[aliassmith]

Did anyone catch any of that?
I caught it going down.

[aliassmith]

I got out at 1.1962 and it ripped more.

[Yirbu]

Did anyone catch any of that?
I caught it going down.

Nice one!
Didn't catch it..someone told me I can only trade 1 pair for now

[aliassmith]

Did anyone catch any of that?
I caught it going down.

Nice one!
Didn't catch it..someone told me I can only trade 1 pair for now

Thats why I wasn't asking you. Only GU traders.

[Don_xyZ]

I got out at 1.1962 and it ripped more.

I guess the White Snake spooked papa pips lolz

[aliassmith]

I got out at 1.1962 and it ripped more.

I guess the White Snake spooked papa pips lolz

Actually all the mess to the left spooked me.

[aliassmith]

For the EU M5 traders out there.
Blue lines are previous S/D areas from my perspective.
About 10R+ if you keep score that way or 60+ pips

Bias can be whatever you find that works.
On my chart The BIAS IS THE 20 SMA SLOPE
Sloping down is down bias
Sloping up is up bias
No real slope then no bias

Preferred trades are pullbacks from under a down slope or pullback from the top of a up slope.

If the 20 SMA is a Mean/Average, then we can see price diverts from the average and regresses back to the average.
This style of trading is trading the diversion phase after a regression phase.
The only purpose of the SMA is being a visual reference. It is not a trigger.

Triggers happen after/during "Patterns", right before a diversion phase.

A BIAS is only a clue, or a bread crumb in a trail of breadcrumbs.
What if there is a MACRO BIAS rolled into the trail?
What if there is a MICRO Bias rolled into the trail?

It could mean more confirmation or maybe Higher R outcomes.

Trading can be a complex or simple as your brain can handle. If you have the ability of being a profitable trader, it will happen because you matched a profitable system with your ability to execute that system.

QUOTE -- "That figure came on the back of a solid year in which Citadel's multi-strategy operation returned 26.3%."

Think of that when 10% a month isn't enough! Real Rocket Scientists and Quants work at these Hedge funds.
Your advantage in the market is being small so you are more nimble and generous Leverage.

OK step off soapbox <<<

[Jhx]

For the EU M5 traders out there.
Blue lines are previous S/D areas from my perspective.
About 10R+ if you keep score that way or 60+ pips

Bias can be whatever you find that works.
On my chart The BIAS IS THE 20 SMA SLOPE
Sloping down is down bias
Sloping up is up bias
No real slope then no bias

Preferred trades are pullbacks from under a down slope or pullback from the top of a up slope.

If the 20 SMA is a Mean/Average, then we can see price diverts from the average and regresses back to the average.
This style of trading is trading the diversion phase after a regression phase.
The only purpose of the SMA is being a visual reference. It is not a trigger.

Triggers happen after/during "Patterns", right before a diversion phase.

A BIAS is only a clue, or a bread crumb in a trail of breadcrumbs.
What if there is a MACRO BIAS rolled into the trail?
What if there is a MICRO Bias rolled into the trail?

It could mean more confirmation or maybe Higher R outcomes.

Trading can be a complex or simple as your brain can handle. If you have the ability of being a profitable trader, it will happen because you matched a profitable system with your ability to execute that system.

QUOTE -- "That figure came on the back of a solid year in which Citadel's multi-strategy operation returned 26.3%."

Think of that when 10% a month isn't enough! Real Rocket Scientists and Quants work at these Hedge funds.
Your advantage in the market is being small so you are more nimble and generous Leverage.

OK step off soapbox <<<

Not trading EU but I suppose the other 90% of the post still applies , so I've got 2 questions:

"Sloping down is down bias
Sloping up is up bias
No real slope then no bias"

By no real slope you mean like when the slope is actually flat (or the 'eq' color in the colored MA). Or by no real slope you mean when the 'angle' is weak, even if it's red/green?

A BIAS is only a clue, or a bread crumb in a trail of breadcrumbs.
What if there is a MACRO BIAS rolled into the trail?
What if there is a MICRO Bias rolled into the trail?

Do you have examples of what you'd use or classify as micro and macro biases that you use for the deadhorse trades? I think this might help me to 'grade trades' and see which could be better than others.

[aliassmith]

For the EU M5 traders out there.
Blue lines are previous S/D areas from my perspective.
About 10R+ if you keep score that way or 60+ pips

Bias can be whatever you find that works.
On my chart The BIAS IS THE 20 SMA SLOPE
Sloping down is down bias
Sloping up is up bias
No real slope then no bias

Preferred trades are pullbacks from under a down slope or pullback from the top of a up slope.

If the 20 SMA is a Mean/Average, then we can see price diverts from the average and regresses back to the average.
This style of trading is trading the diversion phase after a regression phase.
The only purpose of the SMA is being a visual reference. It is not a trigger.

Triggers happen after/during "Patterns", right before a diversion phase.

A BIAS is only a clue, or a bread crumb in a trail of breadcrumbs.
What if there is a MACRO BIAS rolled into the trail?
What if there is a MICRO Bias rolled into the trail?

It could mean more confirmation or maybe Higher R outcomes.

Trading can be a complex or simple as your brain can handle. If you have the ability of being a profitable trader, it will happen because you matched a profitable system with your ability to execute that system.

QUOTE -- "That figure came on the back of a solid year in which Citadel's multi-strategy operation returned 26.3%."

Think of that when 10% a month isn't enough! Real Rocket Scientists and Quants work at these Hedge funds.
Your advantage in the market is being small so you are more nimble and generous Leverage.

OK step off soapbox <<<

Not trading EU but I suppose the other 90% of the post still applies , so I've got 2 questions:

"Sloping down is down bias
Sloping up is up bias
No real slope then no bias"

By no real slope you mean like when the slope is actually flat (or the 'eq' color in the colored MA). Or by no real slope you mean when the 'angle' is weak, even if it's red/green?

A BIAS is only a clue, or a bread crumb in a trail of breadcrumbs.
What if there is a MACRO BIAS rolled into the trail?
What if there is a MICRO Bias rolled into the trail?

Do you have examples of what you'd use or classify as micro and macro biases that you use for the deadhorse trades? I think this might help me to 'grade trades' and see which could be better than others.

Look at my chart. The red white blue candles are a micro bias. They are a visual reference for a specific PA.

Other micro could be lower TF s/d (liquidity levels) or patterns.

A macro could be a higher TF s/d (liquidity levels) or patterns.