Aliassmith Beats a "Dead Horse"

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nonibadsha
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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Mon Jan 30, 2023 10:23 am

GBPJPY
1R, 16 pips, 0.6%

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nonibadsha
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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Mon Jan 30, 2023 10:26 am

Its not even 1130 in the morning.
34 pips and 1.2%.
I like it :D

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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Mon Jan 30, 2023 8:09 pm

It pottered around going sideways before it moved.

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nonibadsha
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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Mon Jan 30, 2023 11:27 pm

Tiny trade
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Branzo
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Re: Aliassmith Beats a "Dead Horse"

Postby Branzo » Tue Jan 31, 2023 7:38 am

aliassmith wrote:GBPUSD another 10 pips


Do you wait for price to cross the 20SMA and retest then place buy order? I’m still trying to figure out what the Deadhorse candles and zero line look like, please help

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nonibadsha
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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Tue Jan 31, 2023 11:06 am

Branzo wrote:
aliassmith wrote:GBPUSD another 10 pips


Do you wait for price to cross the 20SMA and retest then place buy order? I’m still trying to figure out what the Deadhorse candles and zero line look like, please help


Trades should be taken long above the sma and short below it. I don't necessarily wait for a retest. Depending on your skill level I believe counter trades can also be taken. There are a few examples by Alias in this thread.

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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Tue Jan 31, 2023 11:08 am

Took a loss. I've had others also. I thought I'd share this one for pointers. Does it happen and we move on or did I miss something here?
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IgazI
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Tue Jan 31, 2023 4:57 pm

nonibadsha wrote:Took a loss. I've had others also. I thought I'd share this one for pointers. Does it happen and we move on or did I miss something here?


Let's say that you were short from before the arrow. . .

- which three closing prices might you have taken profit after a down candle?
- which three closing prices might you have taken profit after an up candle?

Let's start there.

PS: sometimes we get so caught up in what we are doing that we forget to consider what other people are doing.
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nonibadsha
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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Tue Jan 31, 2023 5:56 pm

IgazI wrote:
nonibadsha wrote:Took a loss. I've had others also. I thought I'd share this one for pointers. Does it happen and we move on or did I miss something here?


Let's say that you were short from before the arrow. . .

- which three closing prices might you have taken profit after a down candle?
- which three closing prices might you have taken profit after an up candle?

Let's start there.

PS: sometimes we get so caught up in what we are doing that we forget to consider what other people are doing.


I have noooo idea.

Let me take a guess..
If we look at the left of the chart, we see a series of down candles before the consolidation started. After the last down candle all the way to the left we had three up candles. So after that last down candle I would take profit at the third up candle. And after the first up candle I would take profit at the fourth up candle.

Sorry.. I really don't know :(

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Re: Aliassmith Beats a "Dead Horse"

Postby nonibadsha » Tue Jan 31, 2023 5:59 pm

This one worked out..
But too many losses this week so far.
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