Cheers man, I know Kostas well from the very same group
There's little in the Dance that isn't here, it's just focussed on a few specific entries - entries that are all sound as a standalone approach.
I prefer it here because we're all trying to learn all of the entries that EO concocted and one day reach the sorts of levels of pippage that pin-striped buffoons in London and NY could only dream about
Ken's Continuing Successes with EO's system
- #3,042
- Nov 25, 2010 11:42am Nov 25, 2010 11:42am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #3,043
- Edited 2:41pm Nov 25, 2010 2:19pm | Edited 2:41pm
- Joined Feb 2010 | Status: Trader | 1,167 Posts
- #3,044
- Nov 25, 2010 3:18pm Nov 25, 2010 3:18pm
Hey guys!
Here is a chat room if anyone is interested.
http://webchat.ircforex.org
Log in with a user name, when your in, write /join #trade what you see and you'll automatically pop in. Really the first one i found, so if there is a better alternative then feel free to let me know.
With that said, if its going to work (at least the way I see it), then it would be preferable that you have at least a pretty decent understanding of what and how we trade here. I see it just as a place to have some small discussion back and fourth between what we see, not a place for discussing the basic elements which can be understood by simply reading the pdf and going through the thread, nor a place to look for free trade signals.
It can be an easier way to share information and thoughts about the current market without cluttering up the thread here, leaving this one for important trades, questions and answers.
And again, I got no idea if this is of any real interest to anybody or not, i'v never done something like this before either. The focus is to improve our trading so if it feels like its taking the focus away from actually doing that, then its best to just leave it.
Anyways I'll probably be on for an hour or something before I hit the sack, then i'll be on for frankie open tomorrow. So if someone wants they can join me, that way I dont get into the habit of talking to myself
Here is a chat room if anyone is interested.
http://webchat.ircforex.org
Log in with a user name, when your in, write /join #trade what you see and you'll automatically pop in. Really the first one i found, so if there is a better alternative then feel free to let me know.
With that said, if its going to work (at least the way I see it), then it would be preferable that you have at least a pretty decent understanding of what and how we trade here. I see it just as a place to have some small discussion back and fourth between what we see, not a place for discussing the basic elements which can be understood by simply reading the pdf and going through the thread, nor a place to look for free trade signals.
It can be an easier way to share information and thoughts about the current market without cluttering up the thread here, leaving this one for important trades, questions and answers.
And again, I got no idea if this is of any real interest to anybody or not, i'v never done something like this before either. The focus is to improve our trading so if it feels like its taking the focus away from actually doing that, then its best to just leave it.
Anyways I'll probably be on for an hour or something before I hit the sack, then i'll be on for frankie open tomorrow. So if someone wants they can join me, that way I dont get into the habit of talking to myself
Hey, just saw your chart. Your reasons are definitely valid for not taking the trade, and any time you're not sure, just stand on the sidelines and study what happens. I am definitely not an expert, or even a good trader -- I'm just a guy that's here to learn, and I've got a long long way to go. But I've seen these trades enough times to start to see the pattern in how they develop, mainly because I try to catch the opening of every session (London, NY, Asia). After you've seen enough of these trades you'll be nailing them regularly. Here's my comments...
Thanks for answear.I was refering only your 15 min chart and yes I didn;t consider that huge spike as could be just stop huntig so for me was all this small wicks and closes those bars,that was my resistance zone.I agree i HR candel I mean picture of 1 hr chart can make dif.of mine view but I think I have on this 15 min chart pretty enough info for entry or not.Kodziro refering his weekly pivot etc. which i don't use and now u said about opening sesion which I again don't use so all this info are great to learn something new.I am not in stage thinkig how u thinging so thank you for show me new aspects.
I have question;
EO or say in this method about 35/50 reverse about candel which break and close with no or very little wick.Why with very little wick or not wick?to me if that breaking candel(not to far)doesn't have even wick to me is strong candel which will continue in the her way.
So I am here little bit confused (anyway I saw is working just always think that candel can not reverse
)if reaaly only little bit lol.I understand I need for that trade another confluences as say resistance,Fib etc.Can u someone explain that I mean only about close that break candel.
2 question in this reversal how must be MA's in this case?say in order?can be crossed?
Thank u in advance for explain.
- #3,046
- Nov 25, 2010 10:51pm Nov 25, 2010 10:51pm
There's little in the Dance that isn't here, it's just focussed on a few specific entries - entries that are all sound as a standalone approach.
I prefer it here because we're all trying to learn all of the entries that EO concocted and one day reach the sorts of levels of pippage that pin-striped buffoons in London and NY could only dream about
I have read through kens manuals and have been following this thread for some time. But am maily trading dance. I must say dance is a solid system but i get frustrated missing many moves. Now i will dig deeper in this thread and figure out ecatly what you guys are doing here.
Hope to contribute soon.
Cheers
Making money is easy- Just dont take losing trades
EO or say in this method about 35/50 reverse about candel which break and close with no or very little wick.Why with very little wick or not wick?to me if that breaking candel(not to far)doesn't have even wick to me is strong candel which will continue in the her way.
So I am here little bit confused (anyway I saw is working just always think that candel can not reverse
Can u someone explain that I mean only about close that break candel.
2...
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- #3,060
- Nov 26, 2010 10:36am Nov 26, 2010 10:36am
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee