Aliassmith Beats a "Dead Horse"

[aliassmith]

Did you just make trading with an MA profitable? gotta say the setup looks sexy as hell. Looks like I got some reading to do.

No everyone knows MAs can't be used for anything.

You don't have to use MA's you could always trade from the low of a range. 1.5R
About 14 pips with 4 different entries.
trade 1 lot make $140 in an hour
trade 10 lots make $1400
trade 40 lots make $5600

You don't need 100's of pips to make good money unless that is your style of trading.
You don't need to only make 1 single entry.

[aliassmith]

Did you just make trading with an MA profitable? gotta say the setup looks sexy as hell. Looks like I got some reading to do.

No everyone knows MAs can't be used for anything.

You don't have to use MA's you could always trade from the low of a range. 1.5R
About 14 pips with 4 different entries.
trade 1 lot make $140 in an hour
trade 10 lots make $1400
trade 40 lots make $5600

You don't need 100's of pips to make good money unless that is your style of trading.
You don't need to only make 1 single entry.

You could always trade from a rejected S/R flip area

[Mr. Hyde]

Did you just make trading with an MA profitable? gotta say the setup looks sexy as hell. Looks like I got some reading to do.

No everyone knows MAs can't be used for anything.

You don't have to use MA's you could always trade from the low of a range. 1.5R
About 14 pips with 4 different entries.
trade 1 lot make $140 in an hour
trade 10 lots make $1400
trade 40 lots make $5600

You don't need 100's of pips to make good money unless that is your style of trading.
You don't need to only make 1 single entry.

I really like this style. I had gotten away from smaller time frames and just moistly watch 4h and daily and look for an entry on 1hr. It really helped reduce stress and amount of time spent trading. but im getting that itch to day trade and would love something I could just scan really quick across multiple pairs and look for the best setups. Yeah I need to make 100's of pips on my trades to cover all my losses

[TheRumpledOne]

TRO002.png

Where are your MAs?

NO SQUIGGLY LINES WERE HARMED IN THE MAKING OF MY CHARTS...

[Mr. Hyde]

They don't always win

This chart actually makes me question. Would you close the trade since you got a bearish bar under the red sma? Could have cut the sl some. And acutzlly looked for a short right on that bar where you got closed out of.

[aliassmith]

6R short
Easier to get multiple R-values when the stop loss is small-ish.

[aliassmith]

Lets say you play EURUSD 5 minute chart for trades.
You use 1 lot with about a 5 to 10 pip stop loss.
On a $20,000 account. (Conservative)

You make 23 pips over a few trades then you see this setup on the GBPJPY.
You can take those pips and trade 1 lot on the higher timeframe for 30 minutes chart moves.

$450 gain instead of the normal $50 to $100 for a trade.

Have patience wait for a "perfect" set-up.

The same thing can be done on H1 and the H4 or Daily

[Mr. Hyde]

Still in this trade. Just added to it. Orginal entry was that bar that closed below the double top neckline. Used a retrace entry to get the RR up.

[Mr. Hyde]

Still in this trade. Just added to it. Orginal entry was that bar that closed below the double top neckline. Used a retrace entry to get the RR up.

To the pip. I feel like the add on should of possibly been earlier. Either way almost 8 to 1 RR. On a 15m chart. That's insane.

[prochargedmopar]

...and buy your girlfriend a nice gift...

Just make sure that you come up with a good lie like "it took me all year to save for this, but you're worth it"

The worst thing that you can do is expose a woman to money

Yeah, ask Bazos (-100 billion) or any of the other 100 celebs that have been recently raked over the coals.