The story of Yirbu

[kiwiarian]

Freestyler...
Guess price reacts to that Z-line

230808 - NAS100M5.png

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

up-down.jpg (93.99 KiB) Viewed 4417 times

[IgazI]

Freestyler...
Guess price reacts to that Z-line

230808 - NAS100M5.png

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

up-down.jpg

What is that? a 'rat-trade', 'fat-cat', 'flip-flop', something like that?

[kiwiarian]

Freestyler...
Guess price reacts to that Z-line

230808 - NAS100M5.png

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

up-down.jpg

What is that? a 'rat-trade', 'fat-cat', 'flip-flop', something like that?

OK these are ALiases charts from K2.
these two are up/downs

NDX_2023-08-06_14-59-14.png (135.58 KiB) Viewed 4444 times

NDX_2023-08-06_14-54-19.png (137.54 KiB) Viewed 4444 times

imbalance and updown

imbalance-updown.png (139.69 KiB) Viewed 4444 times

an m15 Up/Down, entry on the m5. Use the Jedi mind trick to merge the m5 candles together to see the m15 up/down.

m15-entry5-UpDown.png (58.11 KiB) Viewed 4444 times

aliassmith — 08/01/2023 6:49 PM
I am impressed with the up/ down candles idea. It wraps a few patterns all in one. Zlines, color change, inside, outside, engulfing, sometimes they are railroad tracks, 2candle pin bars. Im sure there are other names.

Alias1.jpg (41.72 KiB) Viewed 4444 times

aliassmith — 08/01/2023 6:49 PM
Now i am only looking at updown and working on how to play them most effectively.
They can be played with 20 sma, structure, higher timeframes, and other biases

alias2.jpg (41.65 KiB) Viewed 4444 times

[kiwiarian]

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

up-down.jpg

What is that? a 'rat-trade', 'fat-cat', 'flip-flop', something like that?

OK these are ALiases charts from K2.
these two are up/downs
NDX_2023-08-06_14-59-14.pngNDX_2023-08-06_14-54-19.png
imbalance and updown
imbalance-updown.png
an m15 Up/Down, entry on the m5. Use the Jedi mind trick to merge the m5 candles together to see the m15 up/down.
m15-entry5-UpDown.png

aliassmith — 08/01/2023 6:49 PM
I am impressed with the up/ down candles idea. It wraps a few patterns all in one. Zlines, color change, inside, outside, engulfing, sometimes they are railroad tracks, 2candle pin bars. Im sure there are other names.
Alias1.jpg
aliassmith — 08/01/2023 6:49 PM
Now i am only looking at updown and working on how to play them most effectively.
They can be played with 20 sma, structure, higher timeframes, and other biases
alias2.jpg

aliassmith — Yesterday at 10:52 PM
Imbalance to left, red rat on 1min.

red-rat.jpg (40.79 KiB) Viewed 4442 times

[Yirbu]

Freestyler...
Guess price reacts to that Z-line

230808 - NAS100M5.png

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

up-down.jpg

What is that? a 'rat-trade', 'fat-cat', 'flip-flop', something like that?

A "rat trade" is a concept of TRO where a two candle setup red/green or green/red reverses price at the high or the low of the day. Somehow the "Dave clan" is using this word now for a two candle reversal setup.

[Yirbu]

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

Now i am only looking at updown and working on how to play them most effectively.
They can be played with 20 sma, structure, higher timeframes, and other biases
alias2.jpg

I am also playing with it and had some nice entries. Its great that your SL becomes super tight. But so far I also had a couple of trades that my trade made a move down, reversed and took me out. I find the reversals that occur lets say 30min later, really hard to catch.

[kiwiarian]

I think an alternative could be the up/down candle that Alias is playing with as well as an area which encompasses the Z-Line.

up-down.jpg

What is that? a 'rat-trade', 'fat-cat', 'flip-flop', something like that?

A "rat trade" is a concept of TRO where a two candle setup red/green or green/red reverses price at the high or the low of the day. Somehow the "Dave clan" is using this word now for a two candle reversal setup.

dt-updown.jpg (39.94 KiB) Viewed 4414 times

This is how DT determines his Up/Down candle.

[kiwiarian]

What is that? a 'rat-trade', 'fat-cat', 'flip-flop', something like that?

A "rat trade" is a concept of TRO where a two candle setup red/green or green/red reverses price at the high or the low of the day. Somehow the "Dave clan" is using this word now for a two candle reversal setup.

dt-updown.jpg
This is how DT determines his Up/Down candle. Note the first candle he is using the wick.I never read up on Tro's rat so not sure if it is the same

[Yirbu]

First trade, Deadhorse, inside bar.
Unfortunately I decided to take partials with the majority of my position after 7 pips and just leave a small portion open.
Usually I do I take partials with just a small part and let the bigger part run.
Closed when price came back down to the daily adr (red line)

Still...I'm happy.

230810 - EURUSDM5.png (130.29 KiB) Viewed 4315 times

[IgazI]

First trade, Deadhorse, inside bar.
Unfortunately I decided to take partials with the majority of my position after 7 pips and just leave a small portion open.
Usually I do I take partials with just a small part and let the bigger part run.
Closed when price came back down to the daily adr (red line)

Still...I'm happy.

230810 - EURUSDM5.png

"Do I have to sell?" is a stronger mindset than "should I sell?"

With not even a single close lower, there was no technical reason to sell anything. . .

personally, I think it would have been better to start with one unit, add a unit when it is clear that the first trade holding its own, and then look for a technical reason to exit.

The profit will take care of itself if you consistently apply your ideas and follow well-defined exit strategy.

25 and 50 degrees:

trendlines.jpg (54.47 KiB) Viewed 4291 times