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The Dance Continues

  • #41
  • Dec 5, 2013 3:58am Dec 5, 2013 3:58am
Quoting .Hawk.
- 9 {image}

Itīs the second touch!
Mote than two candles to get there ....
Guido
Risiko birgt immer auch die Chance.
  • #42
  • Dec 5, 2013 5:15am Dec 5, 2013 5:15am
I got cons signal long at m15 but touch trades short at 1hr. no trade for that?
  • #43
  • Dec 5, 2013 5:49am Dec 5, 2013 5:49am
Hello, I'm new here! I'm practicing with The Dance. Here are my today's trades.

EUR/JPY
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EUR/USD
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USD/JPY
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What do you think about this setup? I haven't taken it beacuse there are GBP news in 15 mins.

GBP/USD
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Regards.
  • #44
  • Dec 5, 2013 6:42am Dec 5, 2013 6:42am
you are correct !!

i have included a post from clay in this regard.

it was a bad decision to initiate that trade.

Quoting Gareth22
Did it not take the 3rd bar to actually touch the 10 EMA?
Quoting eclayf
remember that the BEST "touch" trades are "two bar" trades.

There are some where three bars work. What you need to be looking for is progressively smaller bars. THOSE are the real problem, but for simplicity's sake, stick to the Two Bar rule as it is very, very accurate.
Also, often the bar will "blow through" a pip or two at the "touch" and on those I wait a moment or two to see if it's continuing. If it hesitates there a bit, and pulls back after "blowing through" I take the trade...but I keep a very, very tight SL on the trade, no more than about 9.
  • #45
  • Dec 5, 2013 6:43am Dec 5, 2013 6:43am
Quoting MastersForex
Hello, I'm new here! I'm practicing with The Dance. Here are my today's trades. EUR/JPY {image} EUR/USD {image} USD/JPY {image} What do you think about this setup? I haven't taken it beacuse there are GBP news in 15 mins. GBP/USD {image} Regards.

Your EU trade was a wrong entry!
The 10 Ema was above the two others
and you entered short......
Cable was okay , but normally only 2 candles to get to the 10 Ema .. ( but I also would have taken it )
And EJ I took it for 14 pips.-- Good job!
Risiko birgt immer auch die Chance.
  • #46
  • Dec 5, 2013 7:00am Dec 5, 2013 7:00am
Quoting Sesamstrasse
{quote} Your EU trade was a wrong entry! The 10 Ema was above the two others and you entered short.....
Hi, Yes I know but I saw 1.36 round number and I thought that even though it wasn't a perfect trade (10ema not below the two others) , it could be good beacuse the round number could be turn into a resistance.
Anyway I'm still learning.
  • #47
  • Dec 5, 2013 7:42am Dec 5, 2013 7:42am
furthermore, after initiating a trade, post a chart immediately depicting your entry & post another chart when you exit the position.

happy & safe trading.

kindly go through the rule # 6 below :-

' ALL POSTS MUST INCLUDE IMAGES OF BOTH the point of entry WHEN IT WAS TAKEN, not several bars later AND the exit WHEN IT WAS TAKEN. This is about “seeing it live,” not trading from history. Practice the screen capture process before posting to make sure you know how to do it. '

Quoting MastersForex
Here are my today's trades. EUR/JPY..EUR/USD..USD/JPY ..What do you think about this setup? I haven't taken it beacuse there are GBP news in 15 mins. GBP/USD Regards.
  • #48
  • Dec 5, 2013 7:48am Dec 5, 2013 7:48am


Quoting MastersForex
EUR/JPY
  • #49
  • Dec 5, 2013 7:51am Dec 5, 2013 7:51am
Hawk, thank you for rekindling my interest in The Dance.
I tried it some 2.5 years ago but failed to reach success and then added it to the pile of stuff that did not seem to work for me.
I read Clay's Journey document again last night and again found it to be very inspirational.
Maybe it is time to give The Dance another go.

All the best with your thread - may it prove to be very successful!
  • #50
  • Dec 5, 2013 10:51am Dec 5, 2013 10:51am
welcome home soldier !!

Quoting fxapie
it is time to give The Dance another go
  • #51
  • Dec 7, 2013 5:12am Dec 7, 2013 5:12am
Hello Dancers ))

Great pleasure joining u all

I've been practicing the dance strategy on and off for about 2 months, that due to a lot of things in my life...
However decided that trading Forex is my future and this is what i want to do as a living cuz of its many advantages, while its disadvantages are self depending for change.

so this is a trade i took last week...
please tell me what u think
so happy to find dancers...
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Some do, some don't, SO WHAT, NEXT!
  • #52
  • Dec 8, 2013 5:46am Dec 8, 2013 5:46am
hi I.

while i am glad to see your enthusiasm, i would like to mention the following :


1) Read the rules of the thread.

2) Read the previous posts in the thread.
3) READ THE MANUAL ONCE BEFORE YOU POST.

4) Post a chart immediately after entering the trade & another one the moment you exit the trade.
Not many will become interested if you post old charts ,this is not about seeing history.

5) You have put on a volume indicator on two of the charts. Kindly ensure that this does not happen again as we want to strongly oppose use of other indicators & stick with the original tools of the trade.

using another indicator simply reflects your doubts in the method & in YOURSELF.

if you still believe it is beneficial for you, you may delete the indicator before you take a screenshot & then post a chart.
6) Putting a sell limit order on one of the trades shows you are way off the track, so it doesn't makes sense to comment on your trades until you read the manual & understand what it is all about.


I hope to see you around after you read the manual & start posting trades as & when you take them.

All the Best.

Regards
.Hawk.

Quoting Iluy
I've been practicing the dance strategy on and off for about 2 months, that due to a lot of things in my life...please tell me what u think
  • #53
  • Dec 9, 2013 6:31am Dec 9, 2013 6:31am
Unsubscribed.

Too restrictive. There are more posts telling you how to post than real trades.
You can't even post S/R levels? Opening of Daily Candle? Nah!

Anyway, good luck!
Be water, my friend
  • #54
  • Edited 1:03pm Dec 9, 2013 12:33pm | Edited 1:03pm
thank you for your cooperation. i am glad you spammed only once.

you are on the ignore list due to unnecessary involvement.

do i care if you unsubscribed to my thread ???

what is YOUR definition of real trades ?

you did not even take the pain to read 10 pages of the manual & after subscribing to the thread, you come over & complain that there are more posts telling someone how to post ???


you would not understand what it takes to help others & keep every true dancer - disciplined PERIOD

you have not added any value to this thread or your trading.

YOUR GLASS IS ALREADY FULL & YOU ARE CORRECT, NOONE CAN EVEN POST S/R LEVELS ON THE CHARTS AS THEY ARE FOOLS WHO HAD PUT ROUND NUMBERS WHICH ARE NOT VISIBLE TO EVERYONE.


I AM SURE YOU CAN PREDICT THE CLOSING OF DAILY CANDLE WITH THE HELP OF ANOTHER SUBSCRIBED THREAD ON FF !!!

good luck.
_________________________________________________________________________________


Quoting spocktrader
Unsubscribed. Too restrictive. There are more posts telling you how to post than real trades. You can't even post S/R levels? Opening of Daily Candle? Nah!
  • #55
  • Dec 9, 2013 12:55pm Dec 9, 2013 12:55pm
due to a new job & irregular hours at work, i am unable to trade EURUSD for sometime.

i have chosen another pair to trade i.e USDJPY.

i will only trade one pair for a longer period.
  • #56
  • Edited 1:32pm Dec 9, 2013 12:56pm | Edited 1:32pm
usdjpy
bought 0.1 @ 103.253
sl - tp 9 pips
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  • #57
  • Edited 2:25pm Dec 9, 2013 2:05pm | Edited 2:25pm
still holding position due to 35 / 50 ma's close proximity to each other & a rising 33 degree slope of the ma's
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  • #58
  • Dec 9, 2013 2:41pm Dec 9, 2013 2:41pm
i need to go to bed and wake up early in the morning.

moved SL to just below the low of last candle to minimize loss. SL is merely 4 pips now.
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  • #59
  • Dec 9, 2013 9:25pm Dec 9, 2013 9:25pm
+ 9 pips
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  • #60
  • Edited 12:17pm Dec 11, 2013 12:03pm | Edited 12:17pm
usdjpy
sold 0.1 @ 102.417
sl - tp 9 pips

* trade was initiated at second retrace candle but chart was posted when the next candle appeared

* trade has hit SL of 9 pips
* unsatisfactory 35 / 50
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