DislikedHi Kostos, sorry you wouldn't mind posting this one as well would you?
Thanks!
EDIT: Don't worry I found it on the Dance thread!Ignored
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DislikedHi Kostos, sorry you wouldn't mind posting this one as well would you?
Thanks!
EDIT: Don't worry I found it on the Dance thread!Ignored
DislikedTo my eye I cant see a high probability set up but I am not as experienced as you..nor are my results anywhere near approaching yours. Well done getting anything out of this market on such thin volume.Ignored
DislikedTook my first proper 'Dance' trade just now, probably not the best day to trade though with UK and US bank holiday, some strange movement going on.
Here is the trade on GU: I went long at the touch on of the 35 EMA on M15 with confluence of 10 EMA touch on H1....
Trade, was as +4 but has just started turning against me...
Does this look OK? (apart from the fact I am about to be stopped out lol)
EDIT: stopped out!Ignored
DislikedHi,
I'm a new Forex trader and I am trying to become consistent with the dance method. I posted 2 replies 2 weeks ago about my scripts that didn't work. one posible reason for this was my 4digit broker and for this reason I opened a demo account at a 5 digit broker because I didn't know how to edit my scripts in order to work. the new problem is that my templates have round number lines at every 50 pips and not at 500 pips as would be normal on a 5digit broker. if there is someone who could help me reduce those lines number, I would be grateful....Ignored
DislikedHi,
I'm a new Forex trader and I am trying to become consistent with the dance method. I posted 2 replies 2 weeks ago about my scripts that didn't work. one posible reason for this was my 4digit broker and for this reason I opened a demo account at a 5 digit broker because I didn't know how to edit my scripts in order to work. the new problem is that my templates have round number lines at every 50 pips and not at 500 pips as would be normal on a 5digit broker. if there is someone who could help me reduce those lines number, I would be grateful....Ignored
DislikedHi Lee,
Yea I guess I am just eager to get started with this strategy, think I will stop trading for today now!
My stop was below the wick of the previous candle, but I made the mistake of moving it up too soon, I thought by placing it just below the moving average I would be OK.
Looking at it now, if I hadn't moved the stop I would be in +10 pips by now.Ignored
DislikedWhen using this method, how do you judge which moving average to pull the trigger on?
I have spent 3 hours in the simulator but am down about 10%....I find when I take the trade on the touch of the 10EMA price just keeps going and then goes in the direction of the trade a few bars later.
If price bursts through the 10EMA, I wait to take the trade on the 35/50 but everytime I do, the trend changes and stops me out.
I must be doing something wrong, anyone shed any light?Ignored