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CHOROS Interactive

  • #1,361
  • Sep 19, 2011 3:27am Sep 19, 2011 3:27am
Quoting yameen.forex
Oanda data feed didn't give me the nice pinbar on MT4 Platform. Otherwise, I would have entered. I feel, the Pin bars on the support levels and when the next bar takes the HH/LL of previous bar are usually strong on M5. It was a round number support, isn't?

Wonder, why Oanda data is so different? Which broker are you using?
That is weird as hell, I am using Oanda but Canada division, you are probably using asia division. I thought the data feed would be the same....
Riding the order flow
  • #1,362
  • Edited 3:32am Sep 19, 2011 3:30am | Edited 3:32am
Quoting Binyamin
That is weird as hell, I am using Oanda but Canada division, you are probably using asia division. I thought the data feed would be the same....
This difference is strange. Yes, am using asia division, here in Singapore. I also thought the data feed should be same.
Prefer Price Action Method!
  • #1,363
  • Sep 19, 2011 3:36am Sep 19, 2011 3:36am
Will the M15.E10 constrainment formed work out?

Maybe not, because I have entered

But at least, it does not run to my SL this time.
  • #1,364
  • Edited 3:51am Sep 19, 2011 3:41am | Edited 3:51am
Quoting kk007
Will the M15.E10 constrainment formed work out?

Maybe not, because I have entered

But at least, it does not run to my SL this time.
Am still in the trade, hope it will work out for us. Now, breaking even fourth time. Uncertainity forming on M5.

Edit: EMA's are flat on M5.....
Edit: Stopped out. Anyway, it happens.
Prefer Price Action Method!
  • #1,365
  • Edited 5:09am Sep 19, 2011 3:46am | Edited 5:09am
Quoting kk007
Will the M15.E10 constrainment formed work out?

Maybe not, because I have entered

But at least, it does not run to my SL this time.
FAILED -8pip

again and again...


EDIT: This is EURUSD.
  • #1,366
  • Sep 19, 2011 4:54am Sep 19, 2011 4:54am
Quoting kk007
FAILED -8pip

again and again...
take a complete break from forex for a couple of weeks, it will help.
an i mean complete, no mt4, forums, no news, nothing. not even think about trading. just unplug for a bit. i think it will help.
anyway now is one of the hardest times to trade.
  • #1,367
  • Sep 19, 2011 5:07am Sep 19, 2011 5:07am
Quoting asos101
take a complete break from forex for a couple of weeks, it will help.
an i mean complete, no mt4, forums, no news, nothing. not even think about trading. just unplug for a bit. i think it will help.
anyway now is one of the hardest times to trade.
Thanks for suggestion.

Sorry if I sound too negative...

Taking a break may help with emotion issues, but discretion skills need continous practise.
  • #1,368
  • Sep 19, 2011 5:23am Sep 19, 2011 5:23am
Quoting kk007
Thanks for suggestion.

Sorry if I sound too negative...

Taking a break may help with emotion issues, but discretion skills need continous practise.
keeping practice at your current fail rate is not much help is it?
i mean what do you expect? reach 99% fail and then use an EA that reverses your entries?
sorry , sorry .. just trying to lighten up things a bit
  • #1,369
  • Sep 19, 2011 5:26am Sep 19, 2011 5:26am
Quoting asos101
keeping practice at your current fail rate is not much help is it?
i mean what do you expect? reach 99% fail and then use an EA that reverses your entries?
sorry , sorry .. just trying to lighten up things a bit
But taking 2 week break will just delay the failure by 2 weeks.
  • #1,370
  • Sep 19, 2011 5:37am Sep 19, 2011 5:37am
Quoting kk007
But taking 2 week break will just delay the failure by 2 weeks.
i think it was Binyamin that spotted what could be your problem a few weeks back. some story about factory workers erpeating the same mistake. i dont remember exatly the post or if was by him, but i think it explains your situation.
  • #1,371
  • Sep 19, 2011 10:39am Sep 19, 2011 10:39am
Quoting kk007
Thanks for suggestion.

Sorry if I sound too negative...

Taking a break may help with emotion issues, but discretion skills need continous practise.
Hey kk, with whatever i have read in your posts you seem to be an intelligent trader. you are right about taking breaks-- they dont help. at least breaks never helped me.

what i suggest is start demo trading and spending time with back tester! I did that when i was at absolute bottom and am much better off now. what i did is this. i took 2 days break and went to an isolated resort. i decided to absolutely master one trade (i began with constrainment by choice). then apart from 12 hours of sleep, i spent every minute of those 48 hours staring at charts and demo trading only one trade that i had focussed on. i analyzed every trade- win or loss- and didnt take another trade before analysis was done.

this exercise didnt make me goerge soros!... but what it did was that it made me absolutely confident in one single setup. but that changed everything. for one, it allowed me to make mistakes and learn new things because i was confident of waiting for constrainments and recovering the loss. that slowly helped me learn new trades. it has multiplying effect.

hope that helps
Making money is easy- Just dont take losing trades
  • #1,372
  • Sep 19, 2011 11:12pm Sep 19, 2011 11:12pm
GBP: H1.E10 constrainment
  • #1,373
  • Sep 19, 2011 11:18pm Sep 19, 2011 11:18pm
constrainment on 1HR EU....watching it
  • #1,374
  • Sep 19, 2011 11:21pm Sep 19, 2011 11:21pm
Quoting kk007
GBP: H1.E10 constrainment
there's a big wedge in H4, i would expect a test higher around the Dp first.
  • #1,375
  • Sep 19, 2011 11:21pm Sep 19, 2011 11:21pm
No it is not. It may go down but it it not constraitment. (eur/usd)
  • #1,376
  • Sep 19, 2011 11:22pm Sep 19, 2011 11:22pm
Quoting FrankBlack
No it is not. It may go down but it it not constraitment.

may be ur right mate...was considering the round no...as support...lets watch it

the price could not close below that level for the last 4 hours...anyway im not good at analysing contrainments
  • #1,377
  • Sep 19, 2011 11:28pm Sep 19, 2011 11:28pm
gu 1hr 35sma confluenced with RN1.57000
  • #1,378
  • Sep 19, 2011 11:51pm Sep 19, 2011 11:51pm
Quoting kk007
GBP: H1.E10 constrainment
FAILED!
What wrong with this setup????????
  • #1,379
  • Sep 19, 2011 11:53pm Sep 19, 2011 11:53pm
Quoting georgecv87
gu 1hr 35sma confluenced with RN1.57000
Me too
  • #1,380
  • Sep 19, 2011 11:58pm Sep 19, 2011 11:58pm
Quoting georgecv87
may be ur right mate...was considering the round no...as support...lets watch it

the price could not close below that level for the last 4 hours...anyway im not good at analysing contrainments

It was good for 30 pips......but did not take it.tryin to study the chart more
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