Trades week ending – 6/1/23

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    • #51279
      ImpliedOdds
      Participant

      Happy New Year everyone. This was a live trade with a small amount of $. + 25 pips. Exit was at takeout of some of the upper stops. Basic trade basis: price at short levels. Room upwards towards stops without putting longs into profit. DM shorts were most recent bars. Red over green on DM indicator. Price tagged my target but then promptly dropped, so fortunate this one worked out.

      • This topic was modified 4 weeks, 1 day ago by ImpliedOdds.
      • This topic was modified 4 weeks, 1 day ago by ImpliedOdds.
    • #51369
      Thuy Pham
      Participant

      GU buy
      Shorties coming in, stops above price, NET DM shorts moving up and longs down

      • #51467
        Thuy Pham
        Participant

        GU buy
        Shorties coming in, stops above price, NET DM shorts moving up and longs down

        Got stopped out, more longies in the market now

      • #51504
        Thuy Pham
        Participant

        GU buy
        Shorties coming in, stops above price, NET DM shorts moving up and longs down

        Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

    • #51398
      ImpliedOdds
      Participant

      Excellent set up Thuy. Thanks for sharing

    • #51537
      Christopher Miranda
      Participant

      GU buy
      Shorties coming in, stops above price, NET DM shorts moving up and longs down

      Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

      Longies entered, my friend, simple as that. We have to change and adapt to the DM.
      Your entry was late, the shorts we see in the histograms were already priced in, longies in profits, price near the top of the range. Of course its easy for me to say this after the fact, I mean no offense, I’m surprised the algo didn’t take those stops above as well.

    • #51542
      Thuy Pham
      Participant

      GU buy
      Shorties coming in, stops above price, NET DM shorts moving up and longs down

      Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

      Longies entered, my friend, simple as that. We have to change and adapt to the DM.
      Your entry was late, the shorts we see in the histograms were already priced in, longies in profits, price near the top of the range. Of course its easy for me to say this after the fact, I mean no offense, I’m surprised the algo didn’t take those stops above as well.

      I only entered after I saw the Net DM switch. But it might be because the H1 charts were not working all session until that moment.

    • #51544
      Redbaron81
      Participant

      Going short for MTS scalp here. My first trade using this system. Is this correct?

      • This reply was modified 3 weeks, 6 days ago by Redbaron81.
      • This reply was modified 3 weeks, 6 days ago by Redbaron81.
    • #51549
      Thuy Pham
      Participant

      Going short for MTS scalp here. My first trade using this system. Is this correct?

      • This reply was modified 3 weeks, 6 days ago by Redbaron81.
      • This reply was modified 3 weeks, 6 days ago by Redbaron81.

      This is wrong. Yellow lines above price, and Orange lines below price are MTS. Vice versa are limit orders. And please attach the entire chart so we can see all the indicators, else it’s hard to determine if your trade is correct or not

    • #51573
      ciprobay
      Participant

      GU buy
      Shorties coming in, stops above price, NET DM shorts moving up and longs down

      Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

      Longies entered, my friend, simple as that. We have to change and adapt to the DM.
      Your entry was late, the shorts we see in the histograms were already priced in, longies in profits, price near the top of the range. Of course its easy for me to say this after the fact, I mean no offense, I’m surprised the algo didn’t take those stops above as well.

      what do you mean by shorties on histogram already priced in?
      priced in means fake move completed?

      just in general, I’ve always heard of this priced-in term in fx also regarding news
      but don’t fully know the definition

      • #51664
        Christopher Miranda
        Participant

        I couldn’t give you an exact definition, but I tried to explain it better in this example I edited. Be aware, DM will not always be “priced in” every single time, quite a few folk here are making things way too rigid, and then getting upset and confused when something doesn’t work perfectly the way Djamal has explained. The SM algo is incredibly fluid and adaptable, so do not attach rigid rules to something we do not control.

        • #51719
          ciprobay
          Participant

          thank you Christopher!

    • #51952
      Tim Tim
      Participant

      Clean 4H range rotation trade

      Trade: Short AUDUSD
      Trade type: Stop target trade and 4H range rotation Date:05/01/2023
      Trade idea: Move down against the new longs to complete rotation of 4H range and take out MT stops below
      Y-axis PB: Longs above blocking price small amount of short below(Neutral – positive) 75%
      X-axis PB: Big new longs entered clear DM switch (Posative) 100%
      Net DM: Short decreasing long increasing no squeeze(Neutral – positive) 75%
      Net T-in-prof: No position in profit (Neutral) 50%
      Lev Positions: Note clear 60%
      1D chart: Just taken out 200MA MA target below (positive) 100%
      Where in range: Top of the range (positive) 100%
      Trade Score: 5.6/7 80% (high confident trade)
      Entry: 0.6803
      SL:0.68839 ( above upper MT stop)
      TP1: 0.67259 (75% up the range 4H range and lower MT stop)
      TP2: (To be determined or triggered by DM switch)

      EURAUD-IN

      Trade Closed: 0.67259

      EURAUD-OUT

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