I will label it better next time with a before and after chart
The vertical dash line is where I entered and closed the trade.
The vertical dash line is where I entered and closed the trade.
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DislikedHello to all
First Post
1. Constrainment off the 50 EMA
2. Bounce off the 35 SMA
3. Profit +15Ignored
DislikedHey guys,
Back from vacation and my fingers are itching to press some BUY/SELL buttons, which is actually dangerous, so the next couple of days I will be just watching the markets. On the other hand if an AAA trade appears I may take it.
Anyway, good job in maintaining the thread in good shape.
Having the time to cool off I have also done some more thinking/reading and my first comment is that we should start paying really good attention to H1, H4 MAs. What I mean is that still take the signals from M15 but always check H1, H4 MAs...Ignored
Disliked1. so last month i decided to switch trading ONLY the GU.
this so far is my experience.
2. by the way: where is the original LTD-thread from clay, or why was it deleted? i miss it when i was first reading it last year;-(
BLIgnored
DislikedStoped out -10
Reason for loss not following the
rules exactly.
For next time review the rulesIgnored
DislikedWe are dealing with Probability
and the rules state that their will be losses
So I will forget this one and look for the next tradeIgnored
Dislikedinteresting what you said kostas,
why is the confluence on the M15 not an original dance trade?
its just that i want to understand your argumentsIgnored
Dislikedhere is again the chart as i saw it when the constrainment on the M15 chart happened.
as you can see the chart touched 3 times the 10EMA and each time the lows where a little higher.
also the 3 bars have small boddies and the third bar is an inside bar.
this is what i call respect of a support, clay calls it constrainment.
anyway IMO it was a clear constrainment buy after the LTD rules.Ignored