Aliassmith Beats a "Dead Horse"

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Wed Dec 31, 2014 4:53 pm

Captain Pugwash wrote:Try not too think too bad of me - with what must be the worst add in the world :roll:

I have to say this closing over summit big, forming a SR area , and heads up, seems to have been my personal missing link... (one of em) - yep i did listen to the podcast :)

I throw nothing away from what I have learned thus far - which is cool . I can still use my supply demand momo and pointy places 8)

btw the close over the yellow box ( very slight ) I was prepared to allow - look at the daily to see why - I drew a line there and price closed under the line)
The attachment 2014-12-31_1444.png is no longer available


reason for my exit using trumpets and wedgies



sadly not a properly lot sized trade as I considered this trade learning, when I should not be trading at all - just an exercise in clicking the buttons

I have certainly finished this year on a high - I really have got some s**t together thanks to you guys and the loonies at II

Happy new year - its gonna be a great one :smt033 :smt030


Here is "a" way of doing it
Attachments
aliasEURUSD.M15dec31.png
aliasEURUSD.M15dec31.png (39.78 KiB) Viewed 214 times
Last edited by aliassmith on Wed Dec 31, 2014 5:06 pm, edited 3 times in total.
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Wed Dec 31, 2014 5:02 pm

No Problem Captain,

I just share how I interpret things.

The charts and experience doing the right things is the real teacher.

+ growing big balls of course :shock:

What did MO say? "Practice balls have balls"

To make mind-blowing gains you have to do what other will not.

Oh BTW, "I hate you MO" :mrgreen: :lol:
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jan 01, 2015 8:09 pm

Off The Felt with Phil Ivey, Episode 2: "I Don't …: http://youtu.be/6CsqYq0gBYI

If you pay attention there are some lessons in this vid.
Last edited by aliassmith on Thu Jan 08, 2015 3:39 pm, edited 1 time in total.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jan 02, 2015 1:50 am

January is here and the trading season is about to start soon.

What will I be doing?

On January 5th,2015 I will be looking at small timeframes and use
1% or less risk and build some "Space" or OPM. I need about 9%
from this original risk.

I will accomplish this by using Zlines as support and resistance.
I will risk "x" and take off half at positive "x" and let the other half
run to "2x". I will also be managing the trades with position and
Line in the Sand.

When I get my 9% I'll risk 4% based on my new account size and
work that to ...hmmmm...MO likes 58.5% so my %target will be
that.

Possibilities:
If I lose 4% then I'll try again with 4%
If I lose 4% again I'll go back to 1% and build it back up
When I hit 58.5% I'll consider the new account size my money and
start back at 4% risk of the new account size.
When I hit 58.5% gain of the new account size I'll consider
the money mine again and risk 4% again.

I'll be working this process until I hit +1 zero or the 2015 season ends.

And that my friends is the culmination of my studying and experience.
Well the +1 zero and %target is new because MO has been poking me with
a stick. :D I tell MO I hate him because he is right about to much. =D>

Thanks MightyOne for putting up with our crap for so long!!!!!!
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Re: Aliassmith Beats a "Dead Horse"

Postby Captain Pugwash » Fri Jan 02, 2015 6:21 pm

sorry to annoy you Alias - I hate to take up your time

I have a quick question on your last markup

is the yellow box marked on the attachment -

A) a Zone of PA that you look at? (I would have to put some work in if it is :D)

or

B) simply highlighting an area - particularly, that price does something around your red line that is different than what has gone before?

can quite understand if you ignore the Q

2015-01-02_1810.png
2015-01-02_1810.png (176.79 KiB) Viewed 214 times


EDIT - Time for change of signature me thinks
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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Re: Aliassmith Beats a "Dead Horse"

Postby forexjpn » Sat Jan 03, 2015 2:19 am

Hi Captain,
Judging by Aliassmith's charts, I think I basically trade the same way now....so I'll give it a try. Apologies in advance if I'm wrong.
The 3rd yellow box is basically the same as the 2nd one, (and technically the 1st one too) where price closes over 'something' and goes back and back over again.
I'm on my phone so can't really mark up a chart, but in the yellow box, you see the 1st black bar to cross over the red line, the next white one crosses back over then 2 after the black one crosses back over.
I don't know if my explanation helps or makes it worse, lol..... Hope it's not the latter.

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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sat Jan 03, 2015 2:50 am

forexjpn wrote:Hi Captain,
Judging by Aliassmith's charts, I think I basically trade the same way now....so I'll give it a try. Apologies in advance if I'm wrong.
The 3rd yellow box is basically the same as the 2nd one, (and technically the 1st one too) where price closes over 'something' and goes back and back over again.
I'm on my phone so can't really mark up a chart, but in the yellow box, you see the 1st black bar to cross over the red line, the next white one crosses back over then 2 after the black one crosses back over.
I don't know if my explanation helps or makes it worse, lol..... Hope it's not the latter.


yes that is correct. the first candle that closed lower
was not impressive. the one in that box was better
and it created some resistance.
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Re: Aliassmith Beats a "Dead Horse"

Postby Captain Pugwash » Sat Jan 03, 2015 10:18 am

Thanks forexjpn and aliassmith

Good to see you posting forexjpn - sounds like your doing well.

Yes - I call that a "price clamshell" - the phrase itself gives my brain a visual representation of what I look for.

After first seeing the basic premise behind the trades on this thread, I rekon I have an idea of what "wall to put my back to" when using all the things I have learned - a lot of other tools in the box I now see a use for - but I aint posting until I have proved em (although my limited markups are looking bloody good)
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sat Jan 03, 2015 9:32 pm

"As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble."
Ralph Waldo Emerson
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Sun Jan 04, 2015 1:41 am

aliassmith wrote:"As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble."
Ralph Waldo Emerson


This is exactly what Rob Booker is preaching about in the Millionaire mastermind group.
Principles first NOT rules or methods.
#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

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