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- NameIsMethos replied Mar 7, 2022
Hi everyone I've a quick question: How do you trade the Dance in Areas of heavy support / Resistance on a higher Timeframe? For GBP/USD we are currently in a downtrend giving trade opportunities according to the Dance. However I'm hesitant since ...
- NameIsMethos replied Oct 21, 2020
Hi everyone, just FYI and interested in your thoughts. I'm currently waiting on GBPUSD H1 to retrace to EMA10. if it happens in the next 2 hours, there may be confluence with monthly pivot, which could form a strong signal. Currently it seems that ...
- NameIsMethos replied Oct 19, 2020
Hi everyone, did anyone else have this big spike on M1 GU? I was up +12 pips and SL=BE but within seconds price spiked and took me out -7 pips due to lack of liquitidy. I know this happens and I don't really have a reason to doubt my broker, since ...
- NameIsMethos replied Oct 16, 2020
oh I was very wrong. I just took another trade with +17 pips. This one surely isn't an AAA trade. But can you guys tell me if it's something you would have done as well and if it was a Dance trade? It doesn't seem as "clear cut" but it just screamed ...
- NameIsMethos replied Oct 16, 2020
Anybody Looking to go short on GBPUSD on H1 Higher MA Touch in Confluence with Daily Pivot? I want to but I'M hesitating, due to a strong trend on M5 and also a beginning uptrend on M15
- NameIsMethos replied Oct 15, 2020
Hi atif, nice one, I took the exact same trade on the yellow candle with +35 pips by the way, I entered directly after the close of the candle with the yellow arrow in your post. The reason was that it almost dead-ended into the ...
- NameIsMethos replied Oct 13, 2020
Hi guys, I'm currently looking at GBPUSD and I'm wondering if one should trade places like these. There actually were a few good setups with S/R plays / Touch Trades, some with confluence. However what throws me off is the whole situation: 1. M15 ...
- NameIsMethos replied Oct 9, 2020
Damn it, just missed this H1 Higher MA Touch on GBPUSD both on top of each other, with Pivor Confluence by just a few minutes. Too bad! NEXT.
- NameIsMethos replied Oct 6, 2020
Hi guys, this looks like a valid short setup for me, steep EMA10 angle, Confluence with Daily Pivot. There is also the RN below with a clear break before. My trade thought is that price will bounce of the EMA10 confluence and go back below the last ...
- NameIsMethos replied Sep 24, 2020
Hi everyone, I was wondering how you react, if price is caught between two different S/R like in the attached example. Price is pretty much captured between the RN and the EMA10 within a very small range. One could either trade this as constrainment ...
- NameIsMethos replied Sep 8, 2020
Hi Sesamstrasse, thanks a lot for your assessement! I indeed didn't count your green arrow a first Touch because for me it didn't seem to get close enough. This is a simulator and in Real Life I would have waited for an entry closer to EMA10 and ...
- NameIsMethos replied Sep 8, 2020
Hey Guys, would you consider this trade AAA? Entry long due to H1 Higher MA tilting upwards, Steep M15 EMA50 & SMA35. Broke recent resistance on M15 with retest around the EMA10. Entry at Touch of EMA10 with just 1 strong candle (EMA10 tilted ...
- NameIsMethos replied Jun 16, 2020
Next Trade in GBD/USD this time in Confluence with HTF. Entry is based on clear break of SMA35 and EMA50 on M15 and Retest RN + Retest all MA's on M5 (Not quite a EMA10 Touch on M5 but if price continues downwards, it may be a EMA10 Touch after the ...
- NameIsMethos replied Jun 16, 2020
Hey guys, I just entered short GBPUSD. It's not a perfect trade as EMA10 is stuck between higher MA on M15. However there was a clear break of SMA35 and EMA10 and higher number on M15. I took the Dead End into RN on M15 as a Signal to enter. My ...
- NameIsMethos replied May 26, 2020
In that kind of setup the first touch will appear pretty soon at the beginning of the trend, right? How do you identify if the trend will continue? I attached a random example of a similar situation. The EMA10 crossed the higher MA's and displays a ...
- NameIsMethos replied May 26, 2020
Hi everyone, I'm currently waiting for two 10 Touch trades on NZDUSD and GBPUSD. Both higher MA are fairly steep and both in direction of the H1 Trend. I'll keep you updated and would be happy to hear your thoughts.
- NameIsMethos replied May 5, 2020
Hey guys, I've another question. I've attached an example to illustrate my point, it's EUR/JPY from today. At the indicated arrow I saw price hitting the SMA35 in confluence with a RN. I considered going short but since SMA35 and EMA50 started to ...
- NameIsMethos replied Apr 29, 2020
Here's an example of what I'm referring to. Although there was quit a good uptrend in the asia markets on April 27th, price stopped right at the 0,607 resistance. This would have been a good counter trend entry for a retest of H4 SMA35. Almost the ...
- NameIsMethos replied Apr 19, 2020
Hi everyone, I keep working in the sim as well as with very little live money to learn the dance. I'm good at making pips in very trending markets. However I tend to give it back during more consolidation markets. I have attached an example of a ...
- NameIsMethos replied Apr 3, 2020
Hey Guys, I've a question about trade management. How do you guys handle when price goes only a few pips back and forth for a while after an entry without showing real direction? I've attached a chart as an example. In my opinion the marked bar is a ...