Just curious if the monday gap on Cable will be filled soon ..
Great Thread Kostas ..Many thanks ..
Good Luck !!
Great Thread Kostas ..Many thanks ..
Good Luck !!
CHOROS Interactive 2,625 replies
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DislikedThis is my last trade for today (I may trade one more if I see a solid entry signal). I took the signal from M5 which gave me +23! Not bad at all.
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DislikedSolid entry for me....15M 5EMA touch in confluence with 5M 10EMA constrainment as you can see in the chart below. SL was hit gained +29!!!
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DislikedHI
I read the first few pages which got me intrigued, even hopeful because mine could be a similar story - nearly ready to give up trading; trade account - crumbling like a cookie... So, great story.
But reading on I can not find the system? I udnerstand that the original thread was closed or so? and this is a fresh start, and so there was quite a lot of talk about that. There are +400 pages to this thread now and rather then work through each one, perhaps the system could be compiled as pdf at the beginning of this thread? I think I could help...Ignored
DislikedSenior dancers please comment. Thank you.
1) As soon as I saw the green candle closes I placed a market order, then modified it with 10/10 TP/SL after it went through. The reason for market order is because I remember Survivor mentioned that it requires quick action and demands quick profit.
2) I was also looking at M5, where the last candle was red (meaning even if the last candle from M15 was green, the last third of it was going down, which is in agreement with the general downward trend).
Guys, please let me know if this is a valid touch...Ignored
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DislikedIt's a little difficult to say whether this was a touch trade. A touch trade (in my understanding) is cleaner. Your example seems more like a touch within a constrainment. In any case you made money. Good work!Ignored
DislikedI've been doing this quite consistently, I enter the choros trade(touch constrainment whatever) at a buy/sell stop order after a price action unfolds, bull bear engulfing, Double top Lower close, inside bar and pin bars. I exit my first half at the next previous price concentration where there are a lot of wicks. I move the 2nd to BE. My second half I try to let it ride. But usually get stopped out at BE. But when it wins I have been getting it out at an RR of at least 5. Once it went to 12. And historically I have seen one going over 20. On my...Ignored