Also watching to SELL GUPUSD at 1.2200 RN in concluence with H1 50EMA and Daily R1. It also seems like Support turned into resistance.
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- #15,122
- Mar 18, 2020 10:42am Mar 18, 2020 10:42am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!
- #15,126
- Edited 7:05am Mar 19, 2020 6:29am | Edited 7:05am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #15,129
- Mar 19, 2020 9:27am Mar 19, 2020 9:27am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!
- #15,133
- Mar 19, 2020 1:51pm Mar 19, 2020 1:51pm
In GBPUSD my entry was not purely CHOROS. The red box you can see in the chart is a Supply Zone. Conincidently, the H1 50EMA is passing right there, also 1.1800 RN is around too, so I set a SELL Limit at the middle of the box between H1 50EMA and RN. The SELL Limit was trigered and the trade, that is still open, is giving +260 pips. I'm hesitant to close the trade since there is nothing on the left to stop the move. Ussualy I target a Demand Zone, or a Lower Low, but now, there is nothing. My brokers data for GBPUSD starts on October 1st, 1996,...
In my opinion Haydel this is in a support zone where it was yesterday too.You can close it.Besides it goes sideways it can't give you a lot of pips.Great job though!!!Amazing +260pips!Keep it up!!!
- #15,134
- Mar 19, 2020 11:54pm Mar 19, 2020 11:54pm
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!
- #15,135
- Mar 20, 2020 1:16am Mar 20, 2020 1:16am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!
- #15,136
- Mar 20, 2020 1:53am Mar 20, 2020 1:53am
- Joined Aug 2010 | Status: absolute beginner | 5,464 Posts
trading is like dancing, don't think and just listen to the music!
Hello Dancers,
since 2012 I am amazed by this visual opportunity recognition tool, called the Dance. Whatever else I may try, something always gets me back to this thread. I want to thank the current active contributors Kostas, Guido, Haydel, iero4 and birdland and the rest - I am learning a lot from you guys. I find the dance a relativly simple, concise and xtremely reliable, if taken seriously, method.
Currently I am focusing on the M15 35/50 Cross & Retest Setup, aiming at 21 consecutive live trades by this setup, before moving to some more exotic ones. I've devised a simple check-box list to qualify and measure the reliability of this setup and since it is helping me a lot, here it is: 
How I use it: if all 6 boxes are checked, it is an AAA setup; any 5 boxes checked gives an AA; 4 boxes - A; any 3 boxes - B; any 2 boxes - BB; 1 box only is a C setup. The order is not important, just the number. So far AAA & AA behave extremely well, and anything below A is a waste of effort to me.
since 2012 I am amazed by this visual opportunity recognition tool, called the Dance. Whatever else I may try, something always gets me back to this thread. I want to thank the current active contributors Kostas, Guido, Haydel, iero4 and birdland and the rest - I am learning a lot from you guys. I find the dance a relativly simple, concise and xtremely reliable, if taken seriously, method.
Currently I am focusing on the M15 35/50 Cross & Retest Setup, aiming at 21 consecutive live trades by this setup, before moving to some more exotic ones. I've devised a simple check-box list to qualify and measure the reliability of this setup and since it is helping me a lot, here it is:
How I use it: if all 6 boxes are checked, it is an AAA setup; any 5 boxes checked gives an AA; 4 boxes - A; any 3 boxes - B; any 2 boxes - BB; 1 box only is a C setup. The order is not important, just the number. So far AAA & AA behave extremely well, and anything below A is a waste of effort to me.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month:
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Hello Dancers, since 2012 I am amazed by this visual opportunity recognition tool, called the Dance. Whatever else I may try, something always gets me back to this thread. I want to thank the current active contributors Kostas, Guido, Haydel, iero4 and birdland and the rest - I am learning a lot from you guys. I find the dance a relativly simple, concise and xtremely reliable, if taken seriously, method. Currently I am focusing on the M15 35/50 Cross & Retest Setup, aiming at 21 consecutive live trades by this setup, before moving to some more exotic...
Welcome to our company
Thank you for the contribution and for sharing this information. We are all learning from each other. Cross and retest are my favourite trades as I have almost 100% success.
Keep going and trade safe!
Iero
You are allowed to fall but you are imposed to get up!