I still took 10 points.
Aliassmith Beats a "Dead Horse"
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- aliassmith
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Re: Aliassmith Beats a "Dead Horse"
Arrow on left is when I entered. I took a little heat. Arrow on the right was more conservative entry.
I still took 10 points.
I still took 10 points.
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- aliassmith
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Re: Aliassmith Beats a "Dead Horse"
And then pullback to support becomes resistance
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- kiwiarian
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Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:Arrow on left is when I entered. I took a little heat. Arrow on the right was more conservative entry.
I still took 10 points.
your SL had nothing to be placed next to, just recalling that screenshot the other day about stop loss placement.
- aliassmith
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Re: Aliassmith Beats a "Dead Horse"
kiwiarian wrote:aliassmith wrote:Arrow on left is when I entered. I took a little heat. Arrow on the right was more conservative entry.
I still took 10 points.
your SL had nothing to be placed next to, just recalling that screenshot the other day about stop loss placement.
How about higher than the next FVG, or a static max loss limit?
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Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:kiwiarian wrote:aliassmith wrote:Arrow on left is when I entered. I took a little heat. Arrow on the right was more conservative entry.
I still took 10 points.
your SL had nothing to be placed next to, just recalling that screenshot the other day about stop loss placement.
How about higher than the next FVG, or a static max loss limit?
Yes for sure, you are quite high to those areas to get a good R/R where ever you choose to get out.
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Re: Aliassmith Beats a "Dead Horse"
kiwiarian wrote:aliassmith wrote:kiwiarian wrote:your SL had nothing to be placed next to, just recalling that screenshot the other day about stop loss placement.
How about higher than the next FVG, or a static max loss limit?
Yes for sure, you are quite high to those areas to get a good R/R where ever you choose to get out.
My RR can be less than 1 since my accuracy is 75% or higher.
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Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:kiwiarian wrote:aliassmith wrote:
How about higher than the next FVG, or a static max loss limit?
Yes for sure, you are quite high to those areas to get a good R/R where ever you choose to get out.
My RR can be less than 1 since my accuracy is 75% or higher.
That makes sense, its more of an emergency one for you.
General question for you, if you are trading multiple sessions, do you have one set of charts for the asian session on a different profile, and then in the other you have more appropriate moving charts for the next session in another MT4 profile for example? Or you stick to the same instrument no matter the session.
I'm playing in the 1hr at present (slower moving) so thinking of swapping one set of charts for another in the next session.
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Re: Aliassmith Beats a "Dead Horse"
kiwiarian wrote:aliassmith wrote:kiwiarian wrote:Yes for sure, you are quite high to those areas to get a good R/R where ever you choose to get out.
My RR can be less than 1 since my accuracy is 75% or higher.
That makes sense, its more of an emergency one for you.
General question for you, if you are trading multiple sessions, do you have one set of charts for the asian session on a different profile, and then in the other you have more appropriate moving charts for the next session in another MT4 profile for example? Or you stick to the same instrument no matter the session.
I'm playing in the 1hr at present (slower moving) so thinking of swapping one set of charts for another in the next session.
NQ seems to move all day. I dont have different setups just PC and mobile.
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Re: Aliassmith Beats a "Dead Horse"
aliassmith wrote:prochargedmopar wrote:Program is FREE99.![]()
Somebody is over the moon.![]()
###misc1.jpg
Does he post any charts?
He just started the last week or so.
Today he posted a couple before target was hit and was exclaiming (NOT FINANCIAL ADVICE)
As a scalper moving stop to b/e at +3-5 it would be really really hard for someone who CAN"T trade to follow.
You know how it is as a scalper. Decisions are made in seconds a lot of times.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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Re: Aliassmith Beats a "Dead Horse"
prochargedmopar wrote:aliassmith wrote:prochargedmopar wrote:Program is FREE99.![]()
Somebody is over the moon.![]()
###misc1.jpg
Does he post any charts?
He just started the last week or so.
Today he posted a couple before target was hit and was exclaiming (NOT FINANCIAL ADVICE)
As a scalper moving stop to b/e at +3-5 it would be really really hard for someone who CAN"T trade to follow.
You know how it is as a scalper. Decisions are made in seconds a lot of times.
Ya price can move fast. Up 5 then down 5 in a flash.
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