Lately I have been working on a different, Kreslik inspired, style and I like it.
To put my trades into context for all of you;
I've put my Kreslik learnings in a blender and am trying to make my own style out of it.
My aim is to use a larger TF as backbone and catch moves that are usually minimum 100 pips.
Entries are mostly scalp entries and are around 00 and 50 levels but involve some kind of confluence like a round level + pattern + fib level.
The past few months I have made different combinations of confluence (Like Round level + SD-zone + fib level) and have a couple of sets that seem to work out pretty good. I also have a "lazy trading" set where I just hop in and set a larger SL.
It isn't said that I am not trading other setups (I did 2 deadhorse trades today and they worked just fine) but I'll be posting more different trades.
The story of Yirbu
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- Yirbu
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Re: The story of Yirbu
Two early trades.
Too bad that UJ came back up so soon. I was hoping it would crash...nevertheless...20 pips.
Note how similar the trades are. Just that UJ had a couple of IB.
Too bad that UJ came back up so soon. I was hoping it would crash...nevertheless...20 pips.
Note how similar the trades are. Just that UJ had a couple of IB.
- Yirbu
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Re: The story of Yirbu
Is it going up? Dunno but I have to go and will not be able to manage it..
Took that big candle down and now the bus back up. Took partials at the origin of the big down candle.
Will it fill the gap? Who knows but it's quite a distance.
Guess I will find out later...
Took that big candle down and now the bus back up. Took partials at the origin of the big down candle.
Will it fill the gap? Who knows but it's quite a distance.
Guess I will find out later...
- Yirbu
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Re: The story of Yirbu
When I entered the first UJ trade long I was also short eurusd. Closed the eurusd because I would have been at too much risk. Immediately regretted it because eu went down fast and UJ just crawled up.
Because of all the small hesitant candles I knew something was going to happen.
When price printed a doji, followed by that down candle and another candle that peeped above the doji but came back I went in short...
61 pips later price hit the 143 level and I was happy to exit.
Because of all the small hesitant candles I knew something was going to happen.
When price printed a doji, followed by that down candle and another candle that peeped above the doji but came back I went in short...
61 pips later price hit the 143 level and I was happy to exit.
- Yirbu
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Re: The story of Yirbu
2 trades.
Didn't expect it to come below that 1.10 level again but it did.
Deadhorse + IB
Afterwards: Price took out the HOD (should have gone short) and after that took out the LOD
Didn't expect it to come below that 1.10 level again but it did.
Deadhorse + IB
Afterwards: Price took out the HOD (should have gone short) and after that took out the LOD
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- elkin.fernandez
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Re: The story of Yirbu
WHat is dead horse?. I have tried to figure out in his thread but there are many ideas there.
My long term bag: Bitcoin, ZCash and Chainlink
Re: The story of Yirbu
elkin.fernandez wrote:WHat is dead horse?. I have tried to figure out in his thread but there are many ideas there.
It's Alias' method from, the thread, 'aliasmith beats a dead horse'.
"Everything Should Be Made As Simple As Possible, But Not Simpler!"
- Yirbu
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Re: The story of Yirbu
IgazI wrote:elkin.fernandez wrote:WHat is dead horse?. I have tried to figure out in his thread but there are many ideas there.
It's Alias' method from, the thread, 'aliasmith beats a dead horse'.
If you visit Alias thread the explanation starts from +/- page 45.
Basic idea is to trade in the direction of the sma20
- Yirbu
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Re: The story of Yirbu
Freestyler...
Guess price reacts to that Z-line
Guess price reacts to that Z-line
- kiwiarian
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Re: The story of Yirbu
elkin.fernandez wrote:WHat is dead horse?. I have tried to figure out in his thread but there are many ideas there.
therumpledone/aliassmith-beats-a-dead-horse-t8918
Based on his 20 MA idea.
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