aliassmith wrote:PRO Did you get this one? 10 pip or 2x Basic pull back to zero. Off a double bottom test with pinbar. Are you trading for real now or just hindsight?
I'm trading realSMALL. I'm not sure you can say it's hindsight. I mark the charts BEfore it moves.
I'd call it mastering my craft. Like using Forex Tester but with Live charts.
AJ has seemed to draw me back in after years of being apart. Moves almost all day/night, has low leverage requirements, and fairly good spreads. I'm not sure of the TAX hit that will be taken when making big bucks so I'll cross that road when it becomes a problem. Or go to indices. Those move well too. If I'm forced later to trade a dollar based pair like EU I'd be trading market opens only cuz the rest of the time it DIES.
This the one your talking about?
#eu4.JPG
From what I know your biggest issue is ramping up your size and being able to still make good decisions. I would focus on getting your size up inch by inch Like the cheap blackjack tables risk $5 a hand
Narrow down what your A+ trades look like and focus on them.
aliassmith wrote:PRO Did you get this one? 10 pip or 2x Basic pull back to zero. Off a double bottom test with pinbar. Are you trading for real now or just hindsight?
I'm trading realSMALL. I'm not sure you can say it's hindsight. I mark the charts BEfore it moves.
I'd call it mastering my craft. Like using Forex Tester but with Live charts.
AJ has seemed to draw me back in after years of being apart. Moves almost all day/night, has low leverage requirements, and fairly good spreads. I'm not sure of the TAX hit that will be taken when making big bucks so I'll cross that road when it becomes a problem. Or go to indices. Those move well too. If I'm forced later to trade a dollar based pair like EU I'd be trading market opens only cuz the rest of the time it DIES.
This the one your talking about?
#eu4.JPG
From what I know your biggest issue is ramping up your size and being able to still make good decisions. I would focus on getting your size up inch by inch Like the cheap blackjack tables risk $5 a hand
Narrow down what your A+ trades look like and focus on them.
Great Idea and what I started doing last week. But, how bout MM's at a time? I keep telling her all I want is another inch or two, but she says NO. LOL
prochargedmopar wrote:Here is a D+ trade that some how worked. I marked what I thought was a factor but may just be random price spikes. LOL
#aj.JPG#aj1.JPG
What about a pinbar rejected from a zline then trade the breakout. About 1.5x
I really like the inverted hammer and hanging man when in an area of interest. Next bar almost always seems to close in proper direction. Doesn't always mean full on reversal but have a chance to take profit or get out.
There’s a thread on Midpoints. Those candles, even if they’re bullish, close below the mid and if bearish, close above the mid. The edge is that the next bar will close in the “correct” direction. This coincides to MOs “pointy things” as Alias suggested as well as a comment he made about the mid point. Something along the lines that if a new candle is moving past the previous midpoint, it could signal a reversal. I didn’t read much of it but I remember reading it and that’s what stuck.
Like the cheap blackjack tables risk $5 a hand
