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  • #841
  • Aug 21, 2011 11:34pm Aug 21, 2011 11:34pm
Quoting kk007
EUR M15.35/50 in powerful constrainment right now?????
+15pip (SL strictly -5pip incl. spread; half day profit target!!! RRR=+3!!!!!!!)

Thanks Clay Thanks kostas1, honour belong to you!
Liked a big struggle with Death.
Attached Image
  • #842
  • Aug 21, 2011 11:35pm Aug 21, 2011 11:35pm
Quoting makonen
I think the same ...kk007 and I think it looks short....
  • #843
  • Aug 22, 2011 12:11am Aug 22, 2011 12:11am
Quoting kk007
+15pip (SL strictly -5pip incl. spread; half day profit target!!! RRR=+3!!!!!!!)

Thanks Clay Thanks kostas1, honour belong to you!
Liked a big struggle with Death.
Don't mind me saying, I couldn't see any by the rule constrainment on your 15M chart.... However the 30M chart was clearly showing a constrainment exhaustion bars.
Riding the order flow
  • #844
  • Aug 22, 2011 12:25am Aug 22, 2011 12:25am
Quoting Binyamin
Don't mind me saying, I couldn't see any by the rule constrainment on your 15M chart.... However the 30M chart was clearly showing a constrainment exhaustion bars.
My understanding is:
For a short opportunity constrainment, several bars in a row are narrow and touching critical MA(s) close are below that MA(s), no matter if there is a exhaustion bar or not, but an exhaustion bar gives a trigger reference for entry.
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  • #845
  • Aug 22, 2011 1:09am Aug 22, 2011 1:09am
Quoting kk007
My understanding is:
For a short opportunity constrainment, several bars in a row are narrow and touching critical MA(s) close are below that MA(s), no matter if there is a exhaustion bar or not, but an exhaustion bar gives a trigger reference for entry.
to say the truth i wouldnt have taken it as it didnt seem like a constrainment to me, if it had pierced the H1 10 and closed above it then you would be looking for a long.
so in the end even if risky (you did well to use a small SL) it was the management of the trade that got you through this more than the actual call itself.
just my thoughts.
keep it up
  • #846
  • Edited 2:03am Aug 22, 2011 1:11am | Edited 2:03am
waiting for the pullback of EU M15 10 to go long as i took the short right at the top as well.
(not choros)

edit1: just closed for +8, i dont like the looks of the buying around the RN. now lets see if we get a touch of the M15 10
edit2: ah... i closed the fucker as it jumped to deny me my 20pips today. done for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: EU-22_07_2011.jpg Size: 566 KB
  • #847
  • Aug 22, 2011 1:17am Aug 22, 2011 1:17am
Quoting asos101
to say the truth i wouldnt have taken it as it didnt seem like a constrainment to me, if it had pierced the H1 10 and closed above it then you would be looking for a long.
so in the end even if risky (you did well to use a small SL) it was the management of the trade that got you through this more than the actual call itself.
just my thoughts.
keep it up
Yes, perhaps I was lucky, but can you tell why you don't think it is a constrainment?

Below is the post 100 attachement of the Dance thread, a constrainment is marked "This is" by Clay is a constrainment (although failed, not sure was it a news time).

http://www.forexfactory.com/attachme...7&d=1268642953
  • #848
  • Aug 22, 2011 1:41am Aug 22, 2011 1:41am
Quoting kk007
Yes, perhaps I was lucky, but can you tell why you don't think it is a constrainment?

Below is the post 100 attachement of the Dance thread, a constrainment is marked "This is" by Clay is a constrainment (although failed, not sure was it a news time).
because H4 lines still point up, and they are too close to enter. you did execute that perfectly though.
also there is a gap to be filled very near above.
and last, i have seen price so many times seem constrained by H1 MAs especially in flat market conditions as we had here and being so close to the MAs it only takes a small break (on the up say, in our case here) to actually see that all the lines are now pointing up.
i dont generally trust H1 constrainments unless its a 10 or 35/50 touch/bounce.
but as i said you executed that perfectly entering with small SL at a good point and taking good profit when it came along.
just my take, i would love to hear from others as well.
  • #849
  • Edited 2:45am Aug 22, 2011 2:34am | Edited 2:45am
possible touch ema 10, Eur usd 15 min forming, confluence with 00. hopefully 2 bars to `get there`

edit: or maybe not
  • #850
  • Aug 22, 2011 2:39am Aug 22, 2011 2:39am
Cheers,

There was enough profit before price move to H4.E50, weekend gap was completely filled as shown on my chart above.

So now you don't object it was a constrainment, even you don't think it is an overall good signal to you?


Quoting asos101
because H4 lines still point up, and they are too close to enter. you did execute that perfectly though.
also there is a gap to be filled very near above.
and last, i have seen price so many times seem constrained by H1 MAs especially in flat market conditions as we had here and being so close to the MAs it only takes a small break (on the up say, in our case here) to actually see that all the lines are now pointing up.
i dont generally trust H1 constrainments unless its a 10 or 35/50 touch/bounce.
but as i said you executed that perfectly entering...
  • #851
  • Aug 22, 2011 4:31am Aug 22, 2011 4:31am
Quoting kk007
Cheers,

There was enough profit before price move to H4.E50, weekend gap was completely filled as shown on my chart above.

So now you don't object it was a constrainment, even you don't think it is an overall good signal to you?
well, i dont have a clear opinion if it was or not and thats because the profit range before the next possible bounce area was only 15pips, even though it went a little further. so my objection is only on the profit margin and not the constrainment as i am certainly not good at recognising them early enough.

i am refering to the H1 35 and not the H4 50.
you see when you take signals off H1 you cant ignore the other H1 MAs.
at least thats my take on it. now if it bounced off the H4 50, thats another matter.

as for gaps, i tend to not count spikes as valid price movement for weekend gaps, and there was still 8 pips to be filled but let that aside.

just note, these are some observations and in no way are any hard rules.
i do play by feel a lot and i do think Dance/Choros are very discretionary systems. if you are in synch with the music you will do great, but its got to be your tune playing in order to dance.
  • #852
  • Edited 5:18am Aug 22, 2011 4:36am | Edited 5:18am
did GU just cleared some stops or is it really going up?
edit1: looks like an evening star sucker punch now..
would love to see it doing as Kostas said in the morning, now the piercing even below the H4 50 scenario to D1 10 and S1 looks even more interesting.
wake up brits
  • #853
  • Aug 22, 2011 6:32am Aug 22, 2011 6:32am
Hello every one,

I was really busy last week due to some out of office responsibilities, missing all the action among you. Hopping this week will be more active for me.

Here is my first post for this week.

AUDUSD Area of Interest to LONG, marked in red in the attached charts.

It is still too early to tell but if price retrace to M15 35/50 in confluence with Weekly Pivot and H1 10 then that would be a good place to LONG.

Any thoughts?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD H1 2011-08-22.png Size: 23 KB
Click to Enlarge Name: AUDUSD M15 2011-08-22.png Size: 19 KB
  • #854
  • Aug 22, 2011 6:40am Aug 22, 2011 6:40am
Kostas was recently posting a comment about how GU has been in range lately... today seems to be another ranging day for GU... nothing strange given it's monday...

Can't see anything clear on EU either... how 'bout you Haydel?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU_porc_50pips.jpg Size: 134 KB
Click to Enlarge Name: EU_monday.jpg Size: 134 KB
Flp. 4:13
  • #855
  • Aug 22, 2011 6:44am Aug 22, 2011 6:44am
Quoting Anthar
Kostas was recently posting a comment about how GU has been in range lately... today seems to be another ranging day for GU... nothing strange given it's monday...

Can't see anything clear on EU either... how 'bout you Haydel?
I guess the point is that today there are no news at all...

E/U 1,44 could be a first touch 35/50 and on H1 could look as a kind of constrainment, but by so small moves it seems that no big operations are going to be done today...so care.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 129 KB
  • #856
  • Aug 22, 2011 6:47am Aug 22, 2011 6:47am
Quoting Haydel
Hello every one,

I was really busy last week due to some out of office responsibilities, missing all the action among you. Hopping this week will be more active for me.

Here is my first post for this week.

AUDUSD Area of Interest to LONG, marked in red in the attached charts.

It is still too early to tell but if price retrace to M15 35/50 in confluence with Weekly Pivot and H1 10 then that would be a good place to LONG.

Any thoughts?
That seems like an interesting area at H1... and I also like the confluence with M15 which makes it a better entry... we're around 20 pips from that area right now... so I'd wait for PA confirmation on M5 to get in long
Attached Image (click to enlarge)
Click to Enlarge Name: AU_h110.jpg Size: 97 KB
Flp. 4:13
  • #857
  • Aug 22, 2011 7:07am Aug 22, 2011 7:07am
Quoting Anthar
Kostas was recently posting a comment about how GU has been in range lately... today seems to be another ranging day for GU... nothing strange given it's monday...

Can't see anything clear on EU either... how 'bout you Haydel?
I made +20p with GU last night but it looks flat now.

EU looks a little bit flat too but there could be a possible LONG chance at 1.44 RN in confluence with M15 35/50 and H1 10 along with some Previows Price Action form H4 Swings from 2011.08.10 and 2011.08.08.
  • #858
  • Aug 22, 2011 7:36am Aug 22, 2011 7:36am
Quoting Haydel
I made +20p with GU last night but it looks flat now.

EU looks a little bit flat too but there could be a possible LONG chance at 1.44 RN in confluence with M15 35/50 and H1 10 along with some Previows Price Action form H4 Swings from 2011.08.10 and 2011.08.08.
For the long on EU I would probably wait for the WP confluenced with H4 10/35 (around 1.4385).
  • #859
  • Aug 22, 2011 7:47am Aug 22, 2011 7:47am
I'm looking at this LONG opp. for EU H4

Confluence of WP, daily level, H4 10 and 35/50 and H1 35/50

EDIT: PA might be going for the close of the gap at 1.4376
Attached Image (click to enlarge)
Click to Enlarge Name: EU_H4long.jpg Size: 139 KB
Flp. 4:13
  • #860
  • Aug 22, 2011 7:48am Aug 22, 2011 7:48am
looks like Kostas pulled the carpet under GU's legs
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