Aliassmith Beats a "Dead Horse"

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jul 21, 2023 6:56 am

Example
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jul 21, 2023 7:00 am

Another
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jul 21, 2023 7:03 am

Another
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jul 21, 2023 8:39 am

Still trading currency. GBPJPY
Bought at the 50% and imbalance.
17 pips with about 16x leverage
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jul 21, 2023 8:44 am

Multi-tasking.
NQ on mobile chart 11 point move.
I use too many platforms.
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Re: Aliassmith Beats a "Dead Horse"

Postby kiwiarian » Fri Jul 21, 2023 8:53 am

aliassmith wrote:Still trading currency. GBPJPY
Bought at the 50% and imbalance.
17 pips with about 16x leverage

Im curious as to why did you not have the fib end at around at 181.770 instead of where the 100% ended up in the pic ?

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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jul 21, 2023 11:40 am

kiwiarian wrote:
aliassmith wrote:Still trading currency. GBPJPY
Bought at the 50% and imbalance.
17 pips with about 16x leverage

Im curious as to why did you not have the fib end at around at 181.770 instead of where the 100% ended up in the pic ?


Because i considered it a previous low.
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Fri Jul 21, 2023 2:42 pm

aliassmith wrote:I basically want to revamp my trading methodology. Most of you know psychology plays a key role in your trading. Since my illness the beginning of the year I had to retrain myself anyways.

:idea: I plan on trading the M1 chart as a swing trader and not as a "scalper".

The biggest issue is switching to relaxing and waiting to take profit. It hurts so bad to watch. I have to take my hands off the mouse so I can force myself to let the trade play out.

As ProCharged was saying you must keep practicing doing things the right way and get your mind right.

This is an example of what I am thinking of as a micro swing trader or micro position builder.

I will be a work in progress but, endgame I hope to have 50 future "account equivalents"
The trade in the pic is worth about $600 per account.


Everything is the same . . .
only now, when there is a breakout on the H4 or the candle closes looking like it was in the middle of a reversal, you're going to keep your eyes open for a reversal.

You're going to trade with the intention of finding an H4 close that you can hold.

M1_to_Hplus.jpg
M1_to_Hplus.jpg (150.23 KiB) Viewed 1536 times


If you find yourself in a situation where you can just "let go and let god" then do so :lol:

use_the_force.jpg
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Re: Aliassmith Beats a "Dead Horse"

Postby prochargedmopar » Fri Jul 21, 2023 9:01 pm

IgazI wrote:
aliassmith wrote:I basically want to revamp my trading methodology. Most of you know psychology plays a key role in your trading. Since my illness the beginning of the year I had to retrain myself anyways.

:idea: I plan on trading the M1 chart as a swing trader and not as a "scalper".

The biggest issue is switching to relaxing and waiting to take profit. It hurts so bad to watch. I have to take my hands off the mouse so I can force myself to let the trade play out.

As ProCharged was saying you must keep practicing doing things the right way and get your mind right.

This is an example of what I am thinking of as a micro swing trader or micro position builder.

I will be a work in progress but, endgame I hope to have 50 future "account equivalents"
The trade in the pic is worth about $600 per account.


Everything is the same . . .
only now, when there is a breakout on the H4 or the candle closes looking like it was in the middle of a reversal, you're going to keep your eyes open for a reversal.

You're going to trade with the intention of finding an H4 close that you can hold.

M1_to_Hplus.jpg

If you find yourself in a situation where you can just "let go and let god" then do so :lol:

use_the_force.jpg


Let go and let god?
I've been down that road.
I'm holding on to the steering wheel, thank you very much.
LOL
#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 » Fri Jul 21, 2023 9:07 pm

IgazI wrote:
aliassmith wrote:I basically want to revamp my trading methodology. Most of you know psychology plays a key role in your trading. Since my illness the beginning of the year I had to retrain myself anyways.

:idea: I plan on trading the M1 chart as a swing trader and not as a "scalper".

The biggest issue is switching to relaxing and waiting to take profit. It hurts so bad to watch. I have to take my hands off the mouse so I can force myself to let the trade play out.

As ProCharged was saying you must keep practicing doing things the right way and get your mind right.

This is an example of what I am thinking of as a micro swing trader or micro position builder.

I will be a work in progress but, endgame I hope to have 50 future "account equivalents"
The trade in the pic is worth about $600 per account.


Everything is the same . . .
only now, when there is a breakout on the H4 or the candle closes looking like it was in the middle of a reversal, you're going to keep your eyes open for a reversal.

You're going to trade with the intention of finding an H4 close that you can hold.

M1_to_Hplus.jpg

If you find yourself in a situation where you can just "let go and let god" then do so :lol:

use_the_force.jpg



Simple.
Same as 5sec.
Enter trade...................................

###misc4.jpg
###misc4.jpg (54.9 KiB) Viewed 1476 times


Exit trade. :mrgreen:

###misc3.jpg
###misc3.jpg (95.59 KiB) Viewed 1476 times


I would prefer the wick entry but then it would have been 20 hrs later............................................ :shock:
Last edited by prochargedmopar on Fri Jul 21, 2023 9:10 pm, edited 1 time in total.
#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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