Aliassmith Beats a "Dead Horse"

[aliassmith]

US30 M1
Marked up with S/D how I see them.
I marked a few hidden S/D with green line
between 8am to 10am EST

I'm really only seeing two types of S/D signals here:


- high[1] to low
- low to high

-low[1] to high
- high to low

If that is what you see and want to call it.
It is locations where I believe trades were executed from and now could have SL orders.

[IgazI]

US30 M1
Marked up with S/D how I see them.
I marked a few hidden S/D with green line
between 8am to 10am EST

I'm really only seeing two types of S/D signals here:


- high[1] to low
- low to high

-low[1] to high
- high to low

If that is what you see and want to call it.
It is locations where I believe trades were executed from and now could have SL orders.

That's not 'what I want', that's me going through every example drawn on the chart

[aliassmith]

I thought US30 would go above 30838 today.
Maybe later there is still time.

Looks like I was a day early.

[aliassmith]

As I study my charts, I question some of Dave's reasoning behind the "hidden S/D" concept.
I believe I can find previous price action that also explains why price stops and turns "there"
The green lines on this chart question the "hidden s/d" and asks the question "Is there another reason?"
Don't get me wrong, I can't explain every move. It is possible there are sub-M1 S/D areas we don't see.
There is some validity to Support and Resistance areas along with X% retrace.
In the model I use of "liquidity driven markets" sometimes liquidity just increases/decreases from outside known and unknown forces.

[aliassmith]

Pulled up a EURUSD M1 chart and started marking what I see.
So, I started marking S/D going with the 20 SMA.
The areas are not all trade worthy, but they are S/D mitigations.
There were 3 nice setups for 3R to 5R depending how you held them.
I recommend all these trades use a 2 pips SL
100k account:
.5% risk is $250 per pip
1% risk is $500 per pip

7.5% or risk gear 17%
Nearly passed or passed the MFF evaluation Phase 1 with those 3 trades.

Don't sleep on the EURUSD!

Like MO said at some point you'll use $1000 a pip and make more in a week than your parents made in a year.

[aliassmith]

He is a more common time to trade the EURUSD
Not everything marked is a trade.
There are marks on there for "reasons things happen"
Depending how you trade it you will need 4 or 5 pips SL on a few.
2R 5R 3R 10R
10R to 20R without any risk gearing in about 1 hour.

If you are getting enough money and trading 1 to 2 hours a day, it seems efficient to me.
I think $2000 a pip on EURUSD would do it for most people.
Don't judge me though, I'm and addict.

[judokamak]

As I study my charts, I question some of Dave's reasoning behind the "hidden S/D" concept.
I believe I can find previous price action that also explains why price stops and turns "there"
The green lines on this chart question the "hidden s/d" and asks the question "Is there another reason?"
Don't get me wrong, I can't explain every move. It is possible there are sub-M1 S/D areas we don't see.
There is some validity to Support and Resistance areas along with X% retrace.
In the model I use of "liquidity driven markets" sometimes liquidity just increases/decreases from outside known and unknown forces.

From what i understand he marks hidden s/d from the wick of the origin candle from which price made new high/low ? Not all green lines are like that?

[aliassmith]

I'm really only seeing two types of S/D signals here:


- high[1] to low
- low to high

-low[1] to high
- high to low

If that is what you see and want to call it.
It is locations where I believe trades were executed from and now could have SL orders.

That's not 'what I want', that's me going through every example drawn on the chart

What's the chances that is easily programmed into Trading View?

[aliassmith]

As I study my charts, I question some of Dave's reasoning behind the "hidden S/D" concept.
I believe I can find previous price action that also explains why price stops and turns "there"
The green lines on this chart question the "hidden s/d" and asks the question "Is there another reason?"
Don't get me wrong, I can't explain every move. It is possible there are sub-M1 S/D areas we don't see.
There is some validity to Support and Resistance areas along with X% retrace.
In the model I use of "liquidity driven markets" sometimes liquidity just increases/decreases from outside known and unknown forces.

From what i understand he marks hidden s/d from the wick of the origin candle from which price made new high/low ? Not all green lines are like that?

Yes then No

My green lines are to show an alternative reason for the price action.

Edit: If you are learning from him don't let me distract you from "his" methods. I am over here on Kreslik presenting alternate ideas.

[judokamak]

Pulled up a EURUSD M1 chart and started marking what I see.
So, I started marking S/D going with the 20 SMA.
The areas are not all trade worthy, but they are S/D mitigations.
There were 3 nice setups for 3R to 5R depending how you held them.
I recommend all these trades use a 2 pips SL
100k account:
.5% risk is $250 per pip
1% risk is $500 per pip

7.5% or risk gear 17%
Nearly passed or passed the MFF evaluation Phase 1 with those 3 trades.

Don't sleep on the EURUSD!

Like MO said at some point you'll use $1000 a pip and make more in a week than your parents made in a year.

You were mentioning sub-M1 S/D. This chart is the same as yours (1 min. orange/black) with 150 tick bars (white-red) overlay and i marked only inbalances on the same spots as you did. Hopefully it's visible.