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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
Hi Birdland, I did hesitate however as you said when frightend better walk away. I entered a little later though when I felt it was a good idea and was up 11 pips. However I expected price to retest the H1 EMA10 from the top. It didn't so I got out ...
- 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 Haydel, congrats on your last Entry! How much has it been, 45 - 50 pips? Target should have been hit by now It's a nice H1 EMA10 Touch, also almost hit the SMA35 on M15. You also hit the exact High of that Candle. Might I ask what ...
- 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
Hey guys, I just wanted to throw out a big thanks to all of you! Although I still have many possibilities to improve big time, I'm starting to get it. I started this day with 2 loosers (total of -20 pips) due to stupid psychological mistakes. But ...
- 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 10, 2020
Hi iero, thanks for posting! I was looking at this setup as well the whole day. I didn't pull the trigger though, because frankly I was too scared, didn't have a clue in which direction price will go. Better sideline then loosing money. But I want ...
- 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
I like the philosophy "time in market = risk" a lot. I think I can learn from that for my trading as well. What I don't quit grasp from a overall trading perspective: If you take small profits like 6 pips. What is your average Stop Loss when ...
- NameIsMethos replied Oct 6, 2020
Hi Birdland, how did you decide that 6 pips are enough for this trade? What was your reason to exit, did you have this Target before entering the trade or did the price movement trigger your exit manually?
- 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 29, 2020
Hi iero, thanks for your trades. I was wondering: How do you determine to take profit? In the 2nd trade I guess it's the RN. In the third trade maybe the weekly Pivot? However in the first trade I can't see the reasoning. Since I'm struggling to ...
- 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 13, 2020
Hey guys, quick question: in the manual Clay said that quote: ‚you must have both P/A in the right direction of the trend and a bounce or constrainment for a valid trade‘ -> I don’t see how this applies to touch trades, it specifiaöly relies on good ...
- 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 ...