Aliassmith Beats a "Dead Horse"

[aliassmith]

Zline short

[kiwiarian]

I'd only be interested in these . . .

personally_.jpg

showing my ignorance, I have to ask, what is #1?

[IgazI]

I'd only be interested in these . . .

personally_.jpg

showing my ignorance, I have to ask, what is #1?

There are only 4 things that the market can do:
1) move up
2) move down
3) exist within
4) move out

Notice that price stopped and reversed before closing around '1'; this was a sign that price was "in something".

IN_OUT_OUT.jpg (19.67 KiB) Viewed 1076 times

'IN' is described as "a collection of closes / horizontal lines" or "an area from which price has moved away".

The ("IN")s tend to stack, usually in the direction that price is moving, and that is where you get your 2nd and sometimes 3rd levels; you will normally see something like as is depicted in the lower right:

you can imagine that price has moved twice away from the first level, moved up, and then found a higher area of support.

Once you know what is "IN", you simply trade "OUT" of it and in the direction of up or down.

i_try_dot_expl.jpg (24.06 KiB) Viewed 1076 times

[aliassmith]

Zline and FVG

[kiwiarian]

I'd only be interested in these . . .

personally_.jpg

showing my ignorance, I have to ask, what is #1?

There are only 4 things that the market can do:
1) move up
2) move down
3) exist within
4) move out

Notice that price stopped and reversed before closing around '1'; this was a sign that price was "in something".

IN_OUT_OUT.jpg

'IN' is described as "a collection of closes / horizontal lines" or "an area from which price has moved away".

The ("IN")s tend to stack, usually in the direction that price is moving, and that is where you get your 2nd and sometimes 3rd levels; you will normally see something like as is depicted in the lower right:

you can imagine that price has moved twice away from the first level, moved up, and then found a higher area of support.

Once you know what is "IN", you simply trade "OUT" of it and in the direction of up or down.

i_try_dot_expl.jpg

Really good explanation thanks, top notch, seeing it on the normal candlesticks helped me a lot.
So yeah, those clusters is something I need to practise interpreting as there will be pullback clusters part way through the trend that I was forgetting about that threw me in some of the older posts with cluser-dots etc.

[aliassmith]

I was thinking about when IgazI said have enough for the margin you need then add on your risk money for your account size.

Now I think I can mimic the APEX $25k accounts with $2500 in each sub account.

[prochargedmopar]

I was thinking about when IgazI said have enough for the margin you need then add on your risk money for your account size.

Now I think I can mimic the APEX $25k accounts with $2500 in each sub account.

$2500 of own money in separate accounts?

[aliassmith]

I was thinking about when IgazI said have enough for the margin you need then add on your risk money for your account size.

Now I think I can mimic the APEX $25k accounts with $2500 in each sub account.

$2500 of own money in separate accounts?

Yes

I want to do 10 of them along with 20 APEX. I think most of my APEX accounts will be $150k and the personals will need to be $5000 each.

$1000 a week @ 30 accounts is well over $1 million a year.
Trading 1 NQ should get the job done.

[aliassmith]

If you pay attention to the order flow

[aliassmith]

I think this is what that Doji trades.
Failed Zlines > Momentum breaks momentum.