Aliassmith Beats a "Dead Horse"

[LeMercenaire]

As pablo101 said the board is "dead". I think Im going on a hiatus. Best of luck too you all. If you have any questions its Probably been answered in the forum somewhere.

Carve your own way
Manage your risk

Hey, hey, hey!!! Don't be doing that just as I'm settling in to get back on the horse!

Might take a couple of days but I'm on the way.

We need to keep quality product going - there's barely enough to butter toast out there.

[forexjpn]

Hey, hey, hey!!! Don't be doing that just as I'm settling in to get back on the horse!

Might take a couple of days but I'm on the way.

We need to keep quality product going - there's barely enough to butter toast out there.

Glad to hear you’re feeling better LeM.
Hope you feel 100% soon!

[LeMercenaire]

Hey, hey, hey!!! Don't be doing that just as I'm settling in to get back on the horse!

Might take a couple of days but I'm on the way.

We need to keep quality product going - there's barely enough to butter toast out there.

Glad to hear you’re feeling better LeM.
Hope you feel 100% soon!

It's all a process, my friend. One day at a time - but yes, it's good to be getting back into it again.

[aliassmith]

Hey, hey, hey!!! Don't be doing that just as I'm settling in to get back on the horse!

Might take a couple of days but I'm on the way.

We need to keep quality product going - there's barely enough to butter toast out there.

Glad to hear you’re feeling better LeM.
Hope you feel 100% soon!

It's all a process, my friend. One day at a time - but yes, it's good to be getting back into it again.

Ok it hard to take a full hiatus. Good that you are getting better. I have some obligations this month so I'm still going to be a part-timer.

Just took 80 points on that DOW. To bad it wasn't that 1k drop

[Mr. Hyde]

Want to keep this thread alive for any newbie or struggling trader. So I'll post some trades while your away. Guys this method is super easy and makes amazing profit. You can grab a quick 1.5R or less and your win rate is gonna be pretty high. I like going for 2R and more and it really pays off. The biggest difference in the way I use this is I use the entry bar for a sl + a few pips. I don't use the extreme.

GU was a simple 2R

GBPUSDM15.png (35.58 KiB) Viewed 2464 times

EJ you could have had a lost going long, but then you made up for it on the short.

EURJPYM15.png (34.92 KiB) Viewed 2464 times

EA ypu could have taken a long but the MA was not the correct color. I have noticed this has kept me out of quite a few losing trades. Then you got a winning short, and you can see price had already moved a bunch for the day so no point in holding short.

EURAUDM15.png (35.36 KiB) Viewed 2464 times

Going forward im calling this the dead horse method. It needs its own name cuz its that good. Seriously guys. Throw is on a chart and just watch a few pairs for a few weeks. Post some trades. I bet you starting winning and make a profit. I learned this method on here. Then taught it to my trainee who has only been trading for a few moths. We're both making money off it.

Also im a fan of the 15m chart for this method. 5m there are a few to many signals for me. If your good at scalping then try it.

[aliassmith]

Want to keep this thread alive for any newbie or struggling trader. So I'll post some trades while your away. Guys this method is super easy and makes amazing profit. You can grab a quick 1.5R or less and your win rate is gonna be pretty high. I like going for 2R and more and it really pays off. The biggest difference in the way I use this is I use the entry bar for a sl + a few pips. I don't use the extreme.

GU was a simple 2R
GBPUSDM15.png
EJ you could have had a lost going long, but then you made up for it on the short.
EURJPYM15.png
EA ypu could have taken a long but the MA was not the correct color. I have noticed this has kept me out of quite a few losing trades. Then you got a winning short, and you can see price had already moved a bunch for the day so no point in holding short.
EURAUDM15.png

Going forward im calling this the dead horse method. It needs its own name cuz its that good. Seriously guys. Throw is on a chart and just watch a few pairs for a few weeks. Post some trades. I bet you starting winning and make a profit. I learned this method on here. Then taught it to my trainee who has only been trading for a few moths. We're both making money off it.

Also im a fan of the 15m chart for this method. 5m there are a few to many signals for me. If your good at scalping then try it.

GBPJPYM15
Basic MA sloping up
London session
Color Change long candle
Basic Z-line entry
6R

[aliassmith]

Nice 4R short on GBPUSDM5

[Mr. Hyde]

Nice 4R short on GBPUSDM5

I got the 4R long. well actually 6R with the add on with the break of resistance. Way to easy.

[aliassmith]

How do you get high RRR on your trades?

Its a balance of previous price action and current price action.

Pretty much every successful trader uses price history to determine liquidity levels ,trends, and/or some indicator math.

So say your target is 30 pips away you have information based on older history. Now your recent price action suggest you need a 30 pips SL. Well you are looking at a 1R trade.

So if you get a market defining stop loss of 20 pips you get 1.5R this goes down to 5 pips SL where you get 6R.

The market will give you the possibilities if you can see them. SL that makes sense coupled with historical targets. You will also need the leverage to make some tighter SL work out depending on your TF and % risked.

$100,000
1% is $1000
$1000÷5 pips = $200/pip
$200÷$10 = 20 lots on EURUSD
$1000×6R = $6000 or 6%

Analysis, Math, and Application

[aliassmith]

I posted this in PRO'S thread. Might be useful for people to see here.

Suggestions;
Stick with only Z-lines.
Pick 1 pairs EURUSD
Pick 1 time frame M5
Pick session/time of day UK/US overlap
Pick a method of SL/TP size ?
Pick % risk per trade between .25% to 1%
Pick a loss limit for the day 1% to 2%
Pick # of trades per day max ?
Pick bias method or confluences ?
Pick if there will be adds or partials closes ?
Decide if there are any other trade management processes?
Don't judge your performance on what other people post.
Don't change your strategy based on what other people post, base it on your findings and seek out refinement but stick with your base.

Write your plan down follow your plan religiously for a month then analyze your performance and your strategy's performance independently.

Refine your performance if needed
Refine your strategy if needed