Aliassmith Beats a "Dead Horse"

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prochargedmopar
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Thu Jan 06, 2022 4:32 am

cheunt3 wrote:Could be like this, right Pro? :-k

invertedHammerPro - Copy.png


I personally don't like standard hammers unless I'm using it to beat on a tractor tire.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Thu Jan 06, 2022 4:35 am

dojirock wrote:I will leave you with this. Night ya'll
Screenshot 2022-01-05 225836.png
Doji


Is Braathen still around?
I'm guessing his indy's still work on new mt4 platforms?

I thought TRO had to re-write a bunch of his?
#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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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Thu Jan 06, 2022 4:50 am

dojirock wrote:I will leave you with this. Night ya'll
Screenshot 2022-01-05 225836.png
Doji


At this point 2 H1 lines is all I'm willing to risk.
It appears you are risking 2 D1 lines??
Technically the same thing, but not from time standpoint.
#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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Re: Aliassmith Beats a "Dead Horse"

Postby BambinoFlex » Thu Jan 06, 2022 5:05 am

cheunt3 wrote:
prochargedmopar wrote:Inverted hammer and close above but wasn't meant to be.
The close below Lots of somethings showed the way. Continuation.

#aj3.JPG


Not at the charts so not sure if that was an inverted hammer but:

invertedHammerPro.png




When it's either a buy or a sell, don't you then need to include bias, leading you back to square one if you don't have a strategy. It would then become an entry method to an already established strategy and not a strategy in itself?
"If you're wrong, guess what...thats TRADING"

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Re: Aliassmith Beats a "Dead Horse"

Postby cheunt3 » Thu Jan 06, 2022 5:16 am

I'm using a hammer to beat my head at this moment :cry: :D
MO "Don't try to predict what will happen next, simply aim to consistently apply your ideas."

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Re: Aliassmith Beats a "Dead Horse"

Postby cheunt3 » Thu Jan 06, 2022 5:26 am

BambinoFlex wrote:
cheunt3 wrote:
prochargedmopar wrote:Inverted hammer and close above but wasn't meant to be.
The close below Lots of somethings showed the way. Continuation.

#aj3.JPG


Not at the charts so not sure if that was an inverted hammer but:

invertedHammerPro.png




When it's either a buy or a sell, don't you then need to include bias, leading you back to square one if you don't have a strategy. It would then become an entry method to an already established strategy and not a strategy in itself?


I think Pro is trying to copy ESPip
MO "Don't try to predict what will happen next, simply aim to consistently apply your ideas."

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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jan 06, 2022 6:54 am

cheunt3 wrote:
prochargedmopar wrote:Alias,

See what I'm talking about with those "hanging men".?

Price into something, Hanging man (or inverted hammer)
Next bar close proper direction.

#aj.JPG


If you don't mind me butting in, but I've been practising combining candles in my head and I've been looking at hanging men, shooting stars, dojis, inverted etc ... It's actually amazing to see pin bars and engulfing patterns everywhere at tops and bottoms if you combine stuff, it's amazingly very common:

bear pin 1.png

pin2.png

pin3.png

hanging4.png

Mighty said this before "If you do not combine candles then you have learned nothing up to this point"

He said this in the context of a higher time frame than 5 min but from I've been trading it works everywhere. He was always and has always tried to get us to see context, by combining, to see the overall pic. I now get why he was so cryptic with his lessons because he wanted us to see past singular candles.


I believe you are on the right track. I did this years ago. I might of posted some pics. I would take as many zlines or pinbars then study price behaviors on smaller timeframes. Its basically what you are doing but in reverse.

You'll get a better picture of what price action makes up those patterns.

In the end price moves from entries to exits back to entries simultaneously over various time periods.
Trade Your Way as Long as It Makes Money!

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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jan 06, 2022 7:13 am

BambinoFlex wrote:
cheunt3 wrote:
prochargedmopar wrote:Inverted hammer and close above but wasn't meant to be.
The close below Lots of somethings showed the way. Continuation.

#aj3.JPG


Not at the charts so not sure if that was an inverted hammer but:

invertedHammerPro.png




When it's either a buy or a sell, don't you then need to include bias, leading you back to square one if you don't have a strategy. It would then become an entry method to an already established strategy and not a strategy in itself?


I believe bias is a construct. It is different if you are looking for 2 pips or 100.

Example: If a 15M chart has a zline at a believed demand area and a data crunch shows that price moves .75 of atr(12) historically then you know trying get 20 pips is a fools game if you are showing 5 pips is the sweet spot.

When I log in to GBPUSD 5m chart and see the ATR(12) is 3.6 I know it time to consider smaller target since the ATR is usually between 5 and 6.

Depends on your combination of strategy and tactics.
Trade Your Way as Long as It Makes Money!

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jan 06, 2022 7:27 am

aliassmith wrote:
cheunt3 wrote:
prochargedmopar wrote:Alias,

See what I'm talking about with those "hanging men".?

Price into something, Hanging man (or inverted hammer)
Next bar close proper direction.

#aj.JPG


If you don't mind me butting in, but I've been practising combining candles in my head and I've been looking at hanging men, shooting stars, dojis, inverted etc ... It's actually amazing to see pin bars and engulfing patterns everywhere at tops and bottoms if you combine stuff, it's amazingly very common:

bear pin 1.png

pin2.png

pin3.png

hanging4.png

Mighty said this before "If you do not combine candles then you have learned nothing up to this point"

He said this in the context of a higher time frame than 5 min but from I've been trading it works everywhere. He was always and has always tried to get us to see context, by combining, to see the overall pic. I now get why he was so cryptic with his lessons because he wanted us to see past singular candles.


I believe you are on the right track. I did this years ago. I might of posted some pics. I would take as many zlines or pinbars then study price behaviors on smaller timeframes. Its basically what you are doing but in reverse.

You'll get a better picture of what price action makes up those patterns.

In the end price moves from entries to exits back to entries simultaneously over various time periods.


I think MO was cryptic is the same reason I'm not going to spoon feed people. He wanted people to do their own reseach then come back and have discussions about their findings. He was just as willing to learn from us as we were from him.
Trade Your Way as Long as It Makes Money!

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jan 06, 2022 10:47 am

PRO did you get it?
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