This thread is dedicated to the original concept of trading ' the dance ' strategy by clay & the reason behind starting this thread is pretty clear - abuse of additional indicators & strategies being implemented on the original concept & that is against the rules.
what is against the rules . . is against the rules . . no matter who you are & what you achieved using this strategy .
we need to enforce the rules of dance on ourselves & others who trade using this method till date, specifically on this thread. I do not care if i happen to be the only one posting in this thread for the next few years.
i pledge to play by the rules & gain an edge using the original tools of ' the dance '.
.Hawk.
RULES OF THIS THREAD (Clay)
what is against the rules . . is against the rules . . no matter who you are & what you achieved using this strategy .
we need to enforce the rules of dance on ourselves & others who trade using this method till date, specifically on this thread. I do not care if i happen to be the only one posting in this thread for the next few years.
i pledge to play by the rules & gain an edge using the original tools of ' the dance '.
.Hawk.
RULES OF THIS THREAD (Clay)
- GROW UP! This is supposed to be a safe place for people to grow and learn. Learn to behave like adults, do some work on your own and read THE FREAKING MANUAL first! THEN follow the rules of the thread, THEN ask questions.
- Stick to THIS strategy or you're history and go on the ignore list so you can't post anymore and waste other people's time.
- BE NICE! If you start trashing someone else, or the strategy you're history and go on the ignore list so you can't post anymore and waste other people's time.
- NO VULGARITY, it's senseless, adds nothing and only weak minds need it to express themselves forcibly. Use it and you're history and go on the ignore list so you can't post anymore and waste other people's time.
- NO ARGUMENTS period. Disagreements and civil discussion is wonderful, get pissy and you're history and go on the ignore list so you can't post anymore and waste other people's time.
- ALL POSTS MUST INCLUDE IMAGES OF BOTH the point of entry WHEN IT WAS TAKEN, not several bars later AND the exit WHEN IT WAS TAKEN. This is about “seeing it live,” not trading from history. Practice the screen capture process before posting to make sure you know how to do it. If you violate this too many times, you'll end up on the ignore list. In the next “Rule” I give you links to some good Screen Capture software and even include a free one in the Zip file below with the Tools in it.
- ALL images must be in either .jpg, .jpeg, .gif, or .png format AND be sized so they don't mess with the page width making it hard for others to read and use the thread. There are several really good free ones on the 'Net such asFastStone Capture (www.faststone.org/FSCaptureDetail.htm), SnapShot (nicekit.com/screen-capture/best-free-snapshot.htm), HyperSnap (www.hyperionics.com/), and many others, just search (http://www.google.com/search?q=free+...capture+softwa re&rls=com.microsoft:en-us&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1). Then learn to post the images on FF. You get one or two chances before you go on the ignore list so you can't post anymore and waste other people's time.
- READ THE MANUAL, do some work on your own. It's all been laid out for you, even how to practice the strategy. If you ask too many questions already answered, you might just end up on the ignore list.
- NO talk of ANY EA, except possibly one to trail the Stop Loss "BY THE RULES" and NO others or you go on the ignore list.
- NO OSCILLATORS OF ANY KIND! They lie way to often waste valuable screen space and for the most part are useless adding only complexity, distraction and nothing of real value. I have used and tried several hundred of the almost 2000 I have downloaded. Most are pretty useless.
- NO FIBS, NO TREND LINES, NO PITCHFORKS, NO GARTLEYS, WOLF WAVES, GANN lines or any other such stuff that would only confuse those trying to learn this strategy. No talk of long term support and resistance levels (we only use them from the past few days as explained in the manual), no talk of “traditional” chart patterns such as Head and Shoulders, triangles, pennants, etc, etc, ad nauseum. Yes they work but they would only confuse those trying to learn this strategy. You risk going on the ignore list and not being able to post if you do much of it.
- PSYCHOLOGY! Don't waste anyone's time arguing about it. THIS strategy takes the point of view that FEAR IS THE ONLY enemy, that even greed can be a good thing if you learn to manage it properly. Learning to be persistent, believing in yourself and the skills you work to develop is CORE to this strategy. There are a good many books on this issue. Think and Grow Rich by Napoleon Hill (included in the Tools Zip file), The Greatest Salesman In The World (http://www.amazon.com/Greatest-Sales.../dp/055327757X)by Og Mandino is awesome and only costs about $7.00 at Amazon. This one book started my life down a very, very good road. I firmly believe that “if you can hold it in your mind, you can hold it in your hand!” Benjamin Franklin once said, “If a man will empty his purse into his mind, his purse will never be empty.” The only ones who are ever defeated are the ones who give up. If you don't believe it first, you'll never have it. Patience and Discipline are next in line. Read the manual for it. 'Nuff said about Psychology.
- This is a 15 minute strategy that can also be used on several other time frames. Try to stick to the 15 minute version for continuity's sake. If you get too far into talking about another time frame version of this, take it to another thread so you don't confuse people on this one. Too many violations, you get a warning, then you go on the ignore list. Be kind to those who have less experience and don't confuse them, trading can be hard enough without any help.
- I only comment on images posted, or post myself AFTER TRADING is finished for me for the day.
- I won't hesitate to ask for a cleanup on posts that confuse the purpose of this thread or were made by someone who ended up on the ignore list.
- Lastly, GROW A PAIR and take responsibility for your trading! Neither the market nor the borkers (yes I spelled it the way I meant it) even care about you and your account. Some borkers do hunt stops, but they have to hunt ALL stops, not just yours or fraud would be easy to prove against them. NO WHINING about it! If you got stopped out, you did not get taken advantage of, YOU made the decisions to trade, where to put your SL and until you grow a pair and start admitting your responsibility, you will not succeed. If you start whining, you go on the ignore list so you can't post anymore and waste other people's time.
I hate to be so draconian with the rules, but I have seen too many good threads destroyed by the pettiness of mental midgets who think they have a right to throw their puke all over everyone else or think they have the only valid solution to the FOREX puzzle, when in fact there are hundreds of good ones. This is just one more, but perhaps a simpler one to actually “see” while you trade live.
I have no personal “Axe” to grind, I wish no one anything but great success, but I have no patience or tolerance for bullies, educated idiots or arrogant boneheads, Trolls and Troglodytes. Get over it and grow up!
God bless, and good trading to you all
Clay"