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CHOROS Interactive

  • #1,221
  • Sep 12, 2011 10:21am Sep 12, 2011 10:21am
Quoting tonny47
hey guys, i know this is not a Dance trade but i started buying eur/chf in around 1.2040 area. few positions actually, wish i had bigger account to open bigger positions on this particular trades. targetting 1.2120-150. could take few days but seems like free money to me (or am i missing something?) considering that it cannot trade below 1.2000 (have a stop only couple of pips below that, one never know...)
Ok, I will be watching out for any patterns, who knows as the crises gets worst and CHF keeps pushing we will have truck loads of free money as the SNB push back.
Riding the order flow
  • #1,222
  • Sep 12, 2011 10:35am Sep 12, 2011 10:35am
Quoting asos101
heh, you bet?
you are making me nervous it might spike below 1.2000 and stop me out. will probably close my positions earlier then i originally planned
  • #1,223
  • Sep 12, 2011 10:43am Sep 12, 2011 10:43am
Quoting Binyamin
Ok, I will be watching out for any patterns, who knows as the crises gets worst and CHF keeps pushing we will have truck loads of free money as the SNB push back.
i made a bit of money buying next day after SNB set the cap. but then again who know whats really going to happen when it will approach again 1.2000 level.
  • #1,224
  • Sep 12, 2011 12:18pm Sep 12, 2011 12:18pm
Quoting tonny47
you are making me nervous it might spike below 1.2000 and stop me out. will probably close my positions earlier then i originally planned
heh, you got nervous because it touched H4 10? what if it goes below?
i dont try to make you nervous really but rather think that in pairs where intervention is regular you should cover your a**.
in the recent USDCHF intervention there was a 600 pips run. do you think the stops worked?
now imagine this, say 10 pips is 1% of your account, so the 600pip run would be ???
thats why i prefer smaller TFs, quick in and out. the longer you stay in the longer your exposure.
just my thoughts
  • #1,225
  • Sep 12, 2011 12:28pm Sep 12, 2011 12:28pm
Quoting asos101
heh, you got nervous because it touched H4 10? what if it goes below?
i dont try to make you nervous really but rather think that in pairs where intervention is regular you should cover your a**.
in the recent USDCHF intervention there was a 600 pips run. do you think the stops worked?
now imagine this, say 10 pips is 1% of your account, so the 600pip run would be ???
thats why i prefer smaller TFs, quick in and out. the longer you stay in the longer your exposure.
just my thoughts
lol no worries asos, i didnt take it the wrong way. i just didnt think it all through. however, i still think probabilities are in favour for long positions regardles of MAs
  • #1,226
  • Sep 13, 2011 1:12am Sep 13, 2011 1:12am
EURUSD： H1.E50 @ RN 1.3700 (35/50 Ping Pong?)
  • #1,227
  • Sep 13, 2011 1:13am Sep 13, 2011 1:13am
Quoting kk007
EURUSD： H1.E50 @ RN 1.3700 (35/50 Ping Pong?)
I am looking at exactly the same trade.
  • #1,228
  • Sep 13, 2011 1:45am Sep 13, 2011 1:45am
Quoting kostas1
I am looking at exactly the same trade.
Out for + 8pip, (making big mistake in TP, missed the target +17pip take profit by less than 1 pip)
Attached Image (click to enlarge)
Click to Enlarge Name: report.gif Size: 20 KB
  • #1,229
  • Sep 13, 2011 1:48am Sep 13, 2011 1:48am
Quoting kk007
Out for + 8pip, (making big mistake in TP, missed the target +17pip take profit by less than 1 pip)
Got +15p but it keeps going to the 35......
  • #1,230
  • Sep 13, 2011 1:50am Sep 13, 2011 1:50am
Quoting kostas1
Got +15p but it keeps going to the 35......
I was expecting to get about +15p, but just missed the pending TP (+17pip) a bit, and price reverse to my +8pip trailing SL!!!

By the way, what PA did you use for entering? I watched M1 and entered after retraced a bit following the first bounce, but did not have full confidence.
  • #1,231
  • Sep 13, 2011 1:52am Sep 13, 2011 1:52am
loose the opportunity because didn't touch h1/50 for 5 pips
but there was a nice double top on m15 & 5min pin confirmation to short @1.3688....
never mind , next time!
  • #1,232
  • Sep 13, 2011 1:52am Sep 13, 2011 1:52am
Quoting kk007
By the way, what PA did you use for entering?
Same as you, the M5 rejection formation....
  • #1,233
  • Sep 13, 2011 2:01am Sep 13, 2011 2:01am
EURUSD: H1.S35 @ DPP (Ping Pong?)
  • #1,234
  • Edited 2:13am Sep 13, 2011 2:02am | Edited 2:13am
Quoting kk007
EURUSD: H1.S35 @ DPP (Ping Pong?)
Exactly my thinking, we did the "ping", let's do the "pong"

EDIT: No rejection signal, crossed the DPP like butter.
  • #1,235
  • Sep 13, 2011 2:13am Sep 13, 2011 2:13am
Quoting kostas1
Exactly my thinking, we did the "ping", let's do the "pong"
Failed
  • #1,236
  • Sep 13, 2011 2:15am Sep 13, 2011 2:15am
congratulations Kostas for your faith & confidence
tp hit & much more!
  • #1,237
  • Sep 13, 2011 2:18am Sep 13, 2011 2:18am
Quoting kostas1
Exactly my thinking, we did the "ping", let's do the "pong"

EDIT: No rejection signal, crossed the DPP like butter.
I miss the ping when the pin bar occurred, I am now waiting for a pong.
Riding the order flow
  • #1,238
  • Sep 13, 2011 2:19am Sep 13, 2011 2:19am
Quoting kostas1
Exactly my thinking, we did the "ping", let's do the "pong"

EDIT: No rejection signal, crossed the DPP like butter.
Aren't the last 2 M5 bar on the figure below rejection signal, I entered at COB and failed.
Attached Image (click to enlarge)
Click to Enlarge Name: report.gif Size: 21 KB
  • #1,239
  • Sep 13, 2011 2:21am Sep 13, 2011 2:21am
EURUSD: M15.E10 touch?
  • #1,240
  • Sep 13, 2011 2:33am Sep 13, 2011 2:33am
Quoting kk007
EURUSD: M15.E10 touch?
hope it will touch M15 EMA10
Dancing with Candlesticks
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