DislikedHello all, Reno here. New to The Dance strategy, have read most of the materials but haven't fully absorb them to visualize the system properly. New to this system but has been a lurker in FF for a while (mainly at james16 P/A section). I used to look at price action and demo it in daily. But I always have doubts over whether I am actually doing the correct things due to very few trade samples. So I am finding something else to learn and hopefully master it. I have a few questions, if anyone is kind enough to answer. 1. There are m5 and m15 version...Ignored
I´d like to give you short answers for your questions.. because they´re not new.. and a several times asked and answered in this thread--
After you finnished reading the thread you will know.
But;
I also started with "newbie questions" in this thread after trading a different system 5 years ago-so here we go:
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1. "There are m5 and m15 version of the strategy. From what I've read, if you believe in fractals, why are people still sticking to m15? Wouldn't m5 gives you more opportunities "
-No-- all the same-- start with m15 10 Ema, 35Sma, 50 Ema- all tf´s. add a fibo if you like-- and that´s it.
More opportunities means not more pips! Better trading means more pips!
2."I am planning to demo this in Forex Tester. Has anyone tried it before? Is that preferable to the simulator mentioned? "
-I used the simulator- over and over the benefits in this thread explained-- some like it , some not..
3. "Is there a collection of A++ trades examples for reference?"
-I can recomment to read "the dance": by Eclayf first-- Choros is the continuation..
You can read the basics at the following link:
https://www.forexfactory.com/showthread.php?t=224697
After reading it you´ll be able to spot AAA entries...
Hope that helped you a bit to find the right way--
Guido
Risiko birgt immer auch die Chance.
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