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CHOROS Interactive

  • #1,561
  • Sep 28, 2011 12:19am Sep 28, 2011 12:19am
E10 Touch now?
  • #1,562
  • Sep 28, 2011 12:20am Sep 28, 2011 12:20am
Quoting iero4
Hi all,

I can't find any proper set up in any basic pair...have you noticed anything?
I also feel so because MAs are flat. Except for GJ and GU H1. That is where I will be waiting for setups.
Riding the order flow
  • #1,563
  • Sep 28, 2011 12:22am Sep 28, 2011 12:22am
Took my first +20 pips from this E/U upward move
You are allowed to fall but you are imposed to get up!
  • #1,564
  • Sep 28, 2011 12:24am Sep 28, 2011 12:24am
Quoting Binyamin
I also feel so because MAs are flat. Except for GJ and GU H1. That is where I will be waiting for setups.
There was just an almost to-the-pip M15.E10 touch for GU @ 6:45 GMT.
  • #1,565
  • Sep 28, 2011 12:24am Sep 28, 2011 12:24am
Quoting Binyamin
I also feel so because MAs are flat. Except for GJ and GU H1. That is where I will be waiting for setups.
Binyamin I don't trust diverging MAs like these in GJ and GU H1
You are allowed to fall but you are imposed to get up!
  • #1,566
  • Sep 28, 2011 12:25am Sep 28, 2011 12:25am
Quoting iero4
Took my first +20 pips from this E/U upward move
What was the setup type?
  • #1,567
  • Sep 28, 2011 12:30am Sep 28, 2011 12:30am
Quoting kk007
What was the setup type?
I used the M1 10 touch to enter. In M15 and M5 when we have high momentum bars like these, they usually lose some strength and go again back to the initial direction. This was my phylosophy in this trade...
You are allowed to fall but you are imposed to get up!
  • #1,568
  • Sep 28, 2011 12:31am Sep 28, 2011 12:31am
Quoting iero4
I used the M1 10 touch to enter. In M15 and M5 when we have high momentum bars like these, they usually lose some strength and go again back to the initial direction. This was my phylosophy in this trade...
Great! You can modify thing as you react to the market and win!
  • #1,569
  • Sep 28, 2011 12:35am Sep 28, 2011 12:35am
Quoting iero4
Binyamin I don't trust diverging MAs like these in GJ and GU H1
Neither do I but I would think these pairs are more likely to have good setups latter compare to the others since they were trending well the day before hence the current MA. Something I will be watching.
Riding the order flow
  • #1,570
  • Sep 28, 2011 12:44am Sep 28, 2011 12:44am
If GU decides to go south, there will be a nice long trade at the confluence of RN (1.5600), H4 10, H1 200, H1 35.
  • #1,571
  • Sep 28, 2011 12:44am Sep 28, 2011 12:44am
Quoting Binyamin
Neither do I but I would think these pairs are more likely to have good setups latter compare to the others since they were trending well the day before hence the current MA. Something I will be watching.
Agree
You are allowed to fall but you are imposed to get up!
  • #1,572
  • Sep 28, 2011 1:10am Sep 28, 2011 1:10am
Quoting iero4
I used the M1 10 touch to enter. In M15 and M5 when we have high momentum bars like these, they usually lose some strength and go again back to the initial direction. This was my phylosophy in this trade...
I've just tried to do M5.E10 (confluence with RN), M15.E10 (2-bar retracement) touch with GU, and M5.E10 touch (1-bar retracement) with EJ, since trend is up but all 100% failed. These parameters are all backtested and with a number of criteria.

I don't understand how you work out some arbitary not-backtesting MA and keep winning.

Seems that everyone here can get easy winner.
  • #1,573
  • Sep 28, 2011 1:23am Sep 28, 2011 1:23am
Quoting kk007
I've just tried to do M5.E10, M15.E10 (2-bar retracement) touch with GU, and M5.E10 touch (1-bar retracement) with EJ, since trend is up but all 100% failed. These parameters are all backtested and with a number of criteria.

I don't understand how you work out some arbitary not-backtesting MA and keep winning.

Seems that everyone here can get easy winner.
In GU M5 there was not a 2 bar retracement. In M15 MAs are so flat that you shouldn't even think about touching it. EJ the same...
You are allowed to fall but you are imposed to get up!
  • #1,574
  • Sep 28, 2011 1:28am Sep 28, 2011 1:28am
Quoting kk007
I've just tried to do M5.E10 (confluence with RN), M15.E10 (2-bar retracement) touch with GU, and M5.E10 touch (1-bar retracement) with EJ, since trend is up but all 100% failed. These parameters are all backtested and with a number of criteria.

I don't understand how you work out some arbitary not-backtesting MA and keep winning.

Seems that everyone here can get easy winner.
FLAT MA's = NO F*&^ING TRADES....
  • #1,575
  • Sep 28, 2011 1:30am Sep 28, 2011 1:30am
Quoting iero4
In GU M5 there was not a 2 bar retracement. In M15 MAs are so flat that you shouldn't even think about touching it. EJ the same...
The MA of EU (i.e. your winner pair) was also flat, and they were as flat as those of EJ and GU, to be honest, but you decided to enter and won.
  • #1,576
  • Sep 28, 2011 1:32am Sep 28, 2011 1:32am
Quoting kostas1
FLAT MA's = NO F*&^ING TRADES....
o.k. o.k. sorry.... I leave the trading platform now.
  • #1,577
  • Sep 28, 2011 1:36am Sep 28, 2011 1:36am
Quoting kk007
The MA of EU (i.e. your winner pair) was also flat, and they were as flat as those of EJ and GU, to be honest, but you decided to enter and won.
Yes but I had a high momentum bar in HTF which means that a new trend starts...and in addition, I study this method for about more than 1 year!!! At my first steps with this strategy I was focused only to the basic trades and couldn't even gain 10 pips....
You are allowed to fall but you are imposed to get up!
  • #1,578
  • Edited 2:09am Sep 28, 2011 1:56am | Edited 2:09am
Entered at the touch of M5 35 in E/U. It is going well at the moment!

EDIT: Took +14 from this!
You are allowed to fall but you are imposed to get up!
  • #1,579
  • Sep 28, 2011 2:11am Sep 28, 2011 2:11am
Quoting iero4
Entered at the touch of M5 35 in E/U. It is going well at the moment!

EDIT: Took +14 from this!
I've entered previously on the M15 pin bar, my SL was hit, which was set right below this bar, but price reacted near RN... -8 pips
  • #1,580
  • Sep 28, 2011 2:14am Sep 28, 2011 2:14am
Quoting kk007
Seems that everyone here can get easy winner.
So far, I have been quite successful with this strategy. I have entered because of confluence with RN + 10EMA + 2Bar pullback . Unfortunately, got out because of tight stop loss (my mistake, trailed using 5M chart). Gained only 4 pips. Learn't the lesson from this trade.

It's not so difficult to make 25 pips consistently in a day with some patience. So, far I entered 2 trades (both successful). Looking forward for couple more for practise. Today up by +18 pips easily.
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