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CHOROS Interactive

  • #1,961
  • Oct 28, 2011 8:15am Oct 28, 2011 8:15am
I saw it before my post and went short at 1.4160. Working out so far.
Quoting asos101
yep, and a good one too.
i just saw it, but its too late to enter now.
  • #1,962
  • Oct 28, 2011 8:18am Oct 28, 2011 8:18am
From my perspective there is a reasonable downward slope on the 10 EMA. For the past two hours there have been strong wicks from the downside. And for the past 3 the 10 has clearly acted as resistance. And as an aside, the large spread between 50 and 35 on H1 suggests there is a need for downward action to bring the lines together.

All of that adds up to a short for me.

Quoting boubafx
I'm not a specialist and i think it's a good question, i wait to see the answer.

But as i understand, the constraitment is good when the MA is steep, and in the case of H1 E10 (for EU) she is flat.

You can say that it is a RN (1.4150) constraiment too, and go long.

For me (but perhaps i'm wrong), it's not constrainment the MA is too flat and show no real direction

Comments of that could be interesting for all i think
  • #1,963
  • Oct 28, 2011 8:33am Oct 28, 2011 8:33am
Kostas1, Survivor, do you have any trades today? I think it's better to stay aside in such ranging days.
Better to lose opportunity, rather than capital !
  • #1,964
  • Oct 28, 2011 8:39am Oct 28, 2011 8:39am
Quoting cmeade2
From my perspective there is a reasonable downward slope on the 10 EMA. For the past two hours there have been strong wicks from the downside. And for the past 3 the 10 has clearly acted as resistance. And as an aside, the large spread between 50 and 35 on H1 suggests there is a need for downward action to bring the lines together.

All of that adds up to a short for me.
Ok, i respect your analysis.
I hear and I forget. I see and I remember. I do and I understand.
  • #1,965
  • Oct 31, 2011 2:41am Oct 31, 2011 2:41am
EU confluence area:

H1.E10+ M15.35/50 + WPP + RN?
  • #1,966
  • Oct 31, 2011 3:16am Oct 31, 2011 3:16am
Quoting kk007
EU confluence area:

H1.E10+ M15.35/50 + WPP + RN?
EU never touched the WP but GU did touch the DP with M15 35/50 and RN. Since GU got there first I took the trade for a profit.
Riding the order flow
  • #1,967
  • Oct 31, 2011 3:18am Oct 31, 2011 3:18am
Quoting Binyamin
EU never touched the WP but GU did touch the DP with M15 35/50 and RN. Since GU got there first I took the trade for a profit.
Couldn't catch the GU, what level did you get in and out? DP is very far away on my GU chart.
  • #1,968
  • Oct 31, 2011 3:27am Oct 31, 2011 3:27am
Can somebody please post the Weekly and daily pivot for Eur/Usd ?

Only if they match the ones Kostas1 uses.

Thanks.
  • #1,969
  • Oct 31, 2011 3:28am Oct 31, 2011 3:28am
Quoting kk007
Couldn't catch the GU, what level did you get in and out? DP is very far away on my GU chart.
My GU DP s 1.6051, data feed is from alpari UK. I have just check here
http://www.actionforex.com/markets/p...2010040848154/

that the DP is really 1.6021!

zzzzzzz. What the heck is wrong with my datafeed again.

Anyway i took the trade at EMA 62 just under alpari DP and got out 20 pips.
Riding the order flow
  • #1,970
  • Oct 31, 2011 3:48am Oct 31, 2011 3:48am
Quoting FrankBlack
Can somebody please post the Weekly and daily pivot for Eur/Usd ?

Only if they match the ones Kostas1 uses.

Thanks.
http://www.actionforex.com/markets/p...2010040848154/

Click the daily and weekly tab
  • #1,971
  • Oct 31, 2011 3:49am Oct 31, 2011 3:49am
Quoting Binyamin
My GU DP s 1.6051, data feed is from alpari UK. I have just check here
http://www.actionforex.com/markets/p...2010040848154/

that the DP is really 1.6021!

zzzzzzz. What the heck is wrong with my datafeed again.

Anyway i took the trade at EMA 62 just under alpari DP and got out 20 pips.
Hey, Mate, you have to click the Daily Tab for the DP, what you have quoted (1.6021) was the hourly value.

I have just earned 12.5 pip for the confluence, but it is just 0.5R. I risked 23 SL.
Attached Image
  • #1,972
  • Oct 31, 2011 3:58am Oct 31, 2011 3:58am
Quoting kk007
Hey, Mate, you have to click the Daily Tab for the DP, what you have quoted (1.6021) was the hourly value.

I have just earned 12.5 pip for the confluence, but it is just 0.5R. I risked 23 SL.
There is seriously something wrong with the Pivot Points v3 indicator. Now the indicator is showing 1.6044 for DP! it was 1.6051 just now! However when I use a different indicator it is all ok. The think is I have been using Pivot Points v3 indicator and it showed the right results for over a week I have been using it.
Riding the order flow
  • #1,973
  • Oct 31, 2011 4:00am Oct 31, 2011 4:00am
Quoting Binyamin
There is seriously something wrong with the Pivot Points v3 indicator. Now the indicator is showing 1.6044 for DP! it was 1.6051 just now! However when I use a different indicator it is all ok. The think is I have been using Pivot Points v3 indicator and it showed the right results for over a week I have been using it.
The daylight shift yesterday may confuse it, depending on how it was coded.
  • #1,974
  • Oct 31, 2011 7:22am Oct 31, 2011 7:22am
Quoting kk007
EU confluence area:

H1.E10+ M15.35/50 + WPP + RN?
Tha was a very nice confluence area Sad that I was not around at that time.
  • #1,975
  • Oct 31, 2011 7:36am Oct 31, 2011 7:36am
Quoting kk007
EU confluence area:

H1.E10+ M15.35/50 + WPP + RN?

Have to add that at that same area we have Daily S3 that is why the bounce was big, so now I think we have to scenarios.

1. If price goes up to that same area, that could be an H1 62 in confluence with Daily S3, RN and WP just above. So we can expect a bounce there.
2. If price goes down it could hit D1 10 in confluence with RN 1.3950 where we can also expect a Bounce.
  • #1,976
  • Oct 31, 2011 8:40am Oct 31, 2011 8:40am
I took this trade. S35, E50 rejected, s/d level, TL rejectded and with the red momentum.

I took only 1 pips TP!!!

I use to be conservative and to move the stop to BE fastly. For me protect capital first, the gain come after
Attached Image (click to enlarge)
Click to Enlarge Name: eg.jpg Size: 83 KB
I hear and I forget. I see and I remember. I do and I understand.
  • #1,977
  • Oct 31, 2011 9:22am Oct 31, 2011 9:22am
Quoting Haydel
Have to add that at that same area we have Daily S3 that is why the bounce was big, so now I think we have to scenarios.

1. If price goes up to that same area, that could be an H1 62 in confluence with Daily S3, RN and WP just above. So we can expect a bounce there.
2. [color=black][font=Verdana]If price goes down it could hit D1 10 in confluence with RN 1.3950 where we can also expect...
This one is so tough. BE out.
  • #1,978
  • Oct 31, 2011 9:58am Oct 31, 2011 9:58am
Quoting kk007
The daylight shift yesterday may confuse it, depending on how it was coded.
You are right, problem solved. Anyway Entered GU on the second touch of the WP for some profit at the daily S2.(with demo)
Riding the order flow
  • #1,979
  • Oct 31, 2011 10:02am Oct 31, 2011 10:02am
Quoting Binyamin
You are right, problem solved. Anyway Entered GU on the second touch of the WP for some profit at the daily S2.(with demo)
Entered 1.5 hours ago? Did you touch trade it???? Or by PA. I was BE. How did you manage to get it???? Please describe a bit!
Yours was very clean entry and exit!!!!!!!!
  • #1,980
  • Oct 31, 2011 11:11am Oct 31, 2011 11:11am
Quoting kk007
Entered 1.5 hours ago? Did you touch trade it???? Or by PA. I was BE. How did you manage to get it???? Please describe a bit!
Yours was very clean entry and exit!!!!!!!!
Well this is the little I know(thats why I trade that on demo). I entered about the 8th hour into the London session. Yeah, touch trade. When the price got near the WP the 2nd time I short with a 20 pip SL. I waited till after the 1st touch to be sure price is not going to punch right through. GU seems to have a habit of testing an area multiple times and I have seen Kostas1 take advantage of this observation in GU.

For now I will only trade live touch on pivots if it is in line with choros 35/50 or 10EMA touch rules.
Riding the order flow
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