Aliassmith Beats a "Dead Horse"

[MightyOne]

I don't understand what there is to not understand

[aliassmith]

I don't understand what there is to not understand

Well sir I guess i just described a 2day extreme and
not the 2+ days.

[aliassmith]

Still not sure why I am trading over the Holidays

Took my space from Friday and planted it on today's EURUSD
Not very productive.

Well I didn't trade after Noon, but I was right...UGH

I didn't trade this but I figured I would continue to mark it up
for anyone following. $1800ish risk to $15000 profit in about 3 days.

[Captain Pugwash]

Still not sure why I am trading over the Holidays

Took my space from Friday and planted it on today's EURUSD
Not very productive.

Well I didn't trade after Noon, but I was right...UGH

I didn't trade this but I figured I would continue to mark it up
for anyone following. $1800ish risk to $15000 profit in about 3 days.

Thanks for finishing the story

I was following along making my own notes - i think you also get in when the candle is moving in your direction i.e when the wick was forming and closing in your yellow area - I have got into a bad habit (necessary when at work) of using limit orders - when price is closing on MY order like a freight train

2014-12-23_1540.png (54.46 KiB) Viewed 2973 times

this whole thing about targeting the S/R zones formed by BO traders is a real eye opener - you have direction caused by the momo built into the trade - nice LIS as well.



Thanks - Christmas markups for me

[Libertarian]

I don't understand what there is to not understand

Yeah see this is what I mean. Shouldn't the extreme you trade off of be 7 candles back if trading short? Hes moving his position to the high of the candle 2 back and that is where I wonder if I am missing something in the extreme game (wow sounds serious ). Theres the extremes in comparison to the other previous daily + charts fractals (Im talking out of my ass right now) and BO/Rev from those areas. But there is also the extreme on the TF body. I feel like I am missing something in translation. Is it as simple as we are trying to get one preferably both?

My first line of thought is just that he is moving his position too damn close in case something really crazy happpens hes vulnerable to a spike. Obviously I don't know my ASS from my elbow so I assume that there must be something incorrect in my ASSumptions (pardon the pun).

[MightyOne]

I don't understand what there is to not understand

Yeah see this is what I mean. Shouldn't the extreme you trade off of be 7 candles back if trading short? Hes moving his position to the high of the candle 2 back and that is where I wonder if I am missing something in the extreme game (wow sounds serious ). Theres the extremes in comparison to the other previous daily + charts fractals (Im talking out of my ass right now) and BO/Rev from those areas. But there is also the extreme on the TF body. I feel like I am missing something in translation. Is it as simple as we are trying to get one preferably both?

My first line of thought is just that he is moving his position too damn close in case something really crazy happpens hes vulnerable to a spike. Obviously I don't know my ASS from my elbow so I assume that there must be something incorrect in my ASSumptions (pardon the pun).

If price is at 30 year lows and price moves to new lows is it not still at 30 year lows?

If you draw a box around 30 years worth of candles then price is at the low extreme; it
does not mean that price has not made a new low in 30 years.

[MightyOne]

If you can see how others error then you can see how you profit.

90% or more place orders at BE, +3, +5, or the BE of the next pivot.

[aliassmith]

I don't understand what there is to not understand

Yeah see this is what I mean. Shouldn't the extreme you trade off of be 7 candles back if trading short? Hes moving his position to the high of the candle 2 back and that is where I wonder if I am missing something in the extreme game (wow sounds serious ). Theres the extremes in comparison to the other previous daily + charts fractals (Im talking out of my ass right now) and BO/Rev from those areas. But there is also the extreme on the TF body. I feel like I am missing something in translation. Is it as simple as we are trying to get one preferably both?

My first line of thought is just that he is moving his position too damn close in case something really crazy happpens hes vulnerable to a spike. Obviously I don't know my ASS from my elbow so I assume that there must be something incorrect in my ASSumptions (pardon the pun).

It is really Mo's thing and I can only explain it how I SEE it. I take
"x" previous candles and combine them. Those "x" candles when
combined will have a high extreme and a low extreme.

IN the chart I combined a few sets of 2 daily candles. Each set
has a high and a low extreme.

[Captain Pugwash]

I hope you don't mind me messing your thread up Alias - just tell me to desist if I am posting in a direction you don't want to go in - I do know I am a pain in the .....

I just seem to get a lot out of markups..

Using the Zone as a confirmation of a long

2014-12-23_1919.png (90.14 KiB) Viewed 2973 times

[aliassmith]

I hope you don't mind me messing your thread up Alias - just tell me to desist if I am posting in a direction you don't want to go in - I do know I am a pain in the .....

I just seem to get a lot out of markups..

Using the Zone as a confirmation of a long

2014-12-23_1919.png

I don't mind, I'll share