Aliassmith Beats a "Dead Horse"

[aliassmith]

Short Trade
This was an example of a multi entry escape
At some point I didn't like the price action so I looked for a Break even-ish move
This is why I don't use single entry max size

[aliassmith]

I woke up late and saw this beast
The GBP/CAD was well above the 20 SMA
It just created a short bias candle
I said sure why not go short, alright there was something on the Daily chart that helped also
This pair is a beast, if you are good enough to put a saddle on it you can ride it for some $$$$$$
I didn't look real close but I think that was 6%
This is an odd ball pair I want to say it is about $650 per lot.

[aliassmith]

GBP/CAD again short by the book
20 SMA sloping down
about a 50% retrace
red candle bias
took profit at 1:1 50pips
About $350 per lot

[LeMercenaire]

I woke up late and saw this beast
The GBP/CAD was well above the 20 SMA
It just created a short bias candle
I said sure why not go short, alright there was something on the Daily chart that helped also
This pair is a beast, if you are good enough to put a saddle on it you can ride it for some $$$$$$
I didn't look real close but I think that was 6%
This is an odd ball pair I want to say it is about $650 per lot.

I love GC. Use it as an option on my Dead Zone play.

When it goes, it goes.

[aliassmith]

I woke up late and saw this beast
The GBP/CAD was well above the 20 SMA
It just created a short bias candle
I said sure why not go short, alright there was something on the Daily chart that helped also
This pair is a beast, if you are good enough to put a saddle on it you can ride it for some $$$$$$
I didn't look real close but I think that was 6%
This is an odd ball pair I want to say it is about $650 per lot.

I love GC. Use it as an option on my Dead Zone play.

When it goes, it goes.

Made about 130 pips on it today.
I'll keep an eye on it more.
I think it has opportunity to build a full boat.

[LeMercenaire]

I woke up late and saw this beast
The GBP/CAD was well above the 20 SMA
It just created a short bias candle
I said sure why not go short, alright there was something on the Daily chart that helped also
This pair is a beast, if you are good enough to put a saddle on it you can ride it for some $$$$$$
I didn't look real close but I think that was 6%
This is an odd ball pair I want to say it is about $650 per lot.

I love GC. Use it as an option on my Dead Zone play.

When it goes, it goes.

Made about 130 pips on it today.
I'll keep an eye on it more.
I think it has opportunity to build a full boat.

I don't think you'll regret it.

[aliassmith]

I love GC. Use it as an option on my Dead Zone play.

When it goes, it goes.

Made about 130 pips on it today.
I'll keep an eye on it more.
I think it has opportunity to build a full boat.

I don't think you'll regret it.

Well I totally jerked up this move.
I got in like normal but after a bit I felt the pair was tired of moving so I go out at BE
not to long after it rips in my direction for a 4x return.

[LeMercenaire]

Made about 130 pips on it today.
I'll keep an eye on it more.
I think it has opportunity to build a full boat.

I don't think you'll regret it.

Well I totally jerked up this move.
I got in like normal but after a bit I felt the pair was tired of moving so I go out at BE
not to long after it rips in my direction for a 4x return.

Ouch! As I said, when it goes, it goes

[newark18]

Well during this social distancing and shutdowns, I figured I would look at some charts and post a pic of the standard chart setup I use. Sometimes I put other stuff on there "testing" but this is what I've settled upon.

The indies are:
PMBiasCandle
A 20 SMA that changes colors with slope
ATR
A modified FIB to measure ranges and such

Would you be so kind to share your indicators? I would like to try them out. I started reading your thread from the beginning but this is the first time seeing these indicators. Have you talked about them before?

[aliassmith]

Well during this social distancing and shutdowns, I figured I would look at some charts and post a pic of the standard chart setup I use. Sometimes I put other stuff on there "testing" but this is what I've settled upon.

The indies are:
PMBiasCandle
A 20 SMA that changes colors with slope
ATR
A modified FIB to measure ranges and such

Would you be so kind to share your indicators? I would like to try them out. I started reading your thread from the beginning but this is the first time seeing these indicators. Have you talked about them before?

When I get time and remember I'll make a post with links and how to's.

PMbiascandle is in doji's thread (page 422 doji momentum bars is a similar indy.)

ATR is on MT4

The other 2 will require a longer post

Technical Indicator XLV4 Moving Average Color
Is on the mql5 site just Google it. (It's set to 20 period simple.)

Fib tool has custom parameters I'll post them later.