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  • #341
  • Jul 18, 2011 5:32am Jul 18, 2011 5:32am
Quoting Haydel
Nice, you got +15p

I just SHORTED at 1.4060 at H1 COB along with M15 50 touch and the posible H1 10 constrainment.
i took it on demo too to track how it will unfold.
@ 1.40550 just after Kostas went long i entered short at the touch of H1 10. went in the red for -10pips and i could have gotten out at first signs of hesitation for +8pips. but since this is demo i play brave and let it do its thing, worst case i would have closed for +1 when it came back to me.
  • #342
  • Jul 18, 2011 5:39am Jul 18, 2011 5:39am
Quoting asos101
i took it on demo too to track how it will unfold.
@ 1.40550 just after Kostas went long i entered short at the touch of H1 10. went in the red for -10pips and i could have gotten out at first signs of hesitation for +8pips. but since this is demo i play brave and let it do its thing, worst case i would have closed for +1 when it came back to me.
This is a good short but two reason why I hesitated:
1. GAP
2. Price hasn't touched the WP yet and it shows signs (possible scooping-up action) that it wants to go higher.

Nevertheless, stay with the trade since it may suddenly start crashing down if this is a good constrainment.
  • #343
  • Jul 18, 2011 5:47am Jul 18, 2011 5:47am
Quoting kostas1
This is a good short but two reason why I hesitated:
1. GAP
2. Price hasn't touched the WP yet and it shows signs (possible scooping-up action) that it wants to go higher.

Nevertheless, stay with the trade since it may suddenly start crashing down if this is a good constrainment.
yep, the only thing that made me take it on demo is the H1 35 that was above the 50 and 60, and the H4 10 that just now will move below the 35.
of course even for a scalp would have been ok. now holding just to see how it plays.
  • #344
  • Jul 18, 2011 5:54am Jul 18, 2011 5:54am
Quoting kostas1
This is a good short but two reason why I hesitated:
1. GAP
2. Price hasn't touched the WP yet and it shows signs (possible scooping-up action) that it wants to go higher.

Nevertheless, stay with the trade since it may suddenly start crashing down if this is a good constrainment.
I moved my SL to BE. and TP is +23p hopping it gets there
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 2011-07-18.PNG Size: 21 KB
  • #345
  • Jul 18, 2011 6:04am Jul 18, 2011 6:04am
looks like someone is going for the gap and Dp
  • #346
  • Jul 18, 2011 6:08am Jul 18, 2011 6:08am
Quoting kostas1
This is a good short but two reason why I hesitated:
1. GAP
2. Price hasn't touched the WP yet and it shows signs (possible scooping-up action) that it wants to go higher.
Re-entered my scoop for another +25p and I am done for today. It may try to close the gap so keep an eye to enter on M5 retraces.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.jpg Size: 92 KB
  • #347
  • Jul 18, 2011 6:15am Jul 18, 2011 6:15am
Quoting kostas1
Re-entered my scoop for another +25p and I am done for today. It may try to close the gap so keep an eye to enter on M5 retraces.
  • #348
  • Edited 6:20am Jul 18, 2011 6:18am | Edited 6:20am
Quoting Haydel
I moved my SL to BE. and TP is +23p hopping it gets there
Wow!! Stopped out at BE.

You are the MASTER Kostas1
  • #349
  • Jul 18, 2011 6:20am Jul 18, 2011 6:20am
Quoting Haydel
Wow!! Stopped out at BE.
BE is still a win (you haven't touched your capital). But I agree with asos, your short would be best to be handled as a scalp 10-15p....
  • #350
  • Jul 18, 2011 6:25am Jul 18, 2011 6:25am
Quoting asos101
Mission Impossible
  • #351
  • Jul 18, 2011 6:37am Jul 18, 2011 6:37am
this is what Kostas' ice cream looks like
http://2.bp.blogspot.com/_yJjmvdOdQI...ps-posters.jpg
  • #352
  • Jul 18, 2011 6:41am Jul 18, 2011 6:41am
Quoting asos101
I think we should re-name the trading system to CK instead of Choros ...
(CK = Choros&Kostas1 system...)...
  • #353
  • Jul 18, 2011 6:41am Jul 18, 2011 6:41am
EU is hitting where kostas1 has been talking about...
  • #354
  • Jul 18, 2011 6:42am Jul 18, 2011 6:42am
Quoting asos101
this is what Kostas' ice cream looks like
http://2.bp.blogspot.com/_yJjmvdOdQI...ps-posters.jpg
With that analogy let me introduce you to my girlfriend
Attached Image
  • #355
  • Jul 18, 2011 6:42am Jul 18, 2011 6:42am
EU Retracing to H1 35/50 to SHORT

Point of interest RN 1.4100
Confluence with H4 10/35 and RN
  • #356
  • Jul 18, 2011 6:45am Jul 18, 2011 6:45am
Quoting kk007
EU is hitting where kostas1 has been talking about...
As I said before, nothing magical. You learn your currency and then you can have higher probability in anticipating what it will do. It doesn't mean that you will ALWAYS be right, it just increases the probability to expect where price will go.
  • #357
  • Jul 18, 2011 6:46am Jul 18, 2011 6:46am
Quoting kostas1
With that analogy let me introduce you to my girlfriend
lovely eyes
congrazd
  • #358
  • Jul 18, 2011 6:47am Jul 18, 2011 6:47am
Quoting kostas1
As I said before, nothing magical. You learn your currency and then you can have higher probability in anticipating what it will do. It doesn't mean that you will ALWAYS be right, it just increases the probability to expect where price will go.
I know this principle, while still suffering high loss rate , (much higher than failure rate where price movement were random)
  • #359
  • Jul 18, 2011 6:53am Jul 18, 2011 6:53am
Quoting kk007
I know this principle, while still suffering high loss rate , (much higher than failure rate where price movement were random)
forget the M15 and try only H1 and H4 10 touches and 35/50s
price always reacts there, once a few pips in +ve never let past BE, see how this works
  • #360
  • Jul 18, 2011 6:56am Jul 18, 2011 6:56am
Quoting kostas1
With that analogy let me introduce you to my girlfriend
Wow triple stuff! I knew X Men does exist!

There is 2 more hours to go, I am up 10 pips for the day down from 30 pips. Considering today's range is less than 100 pips I am satisfied. But when I grow up I want to be Kostas1! haha
Riding the order flow
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