DislikedHello dancers! No time to trade this year but I try. Here is a typical m5/12 rejection. many pips to all. {image}Ignored
How is the shop going with all the sh1t happening?
- #12,441
- Mar 3, 2016 12:08am Mar 3, 2016 12:08am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
Kostas, do you think you could find some time to post one of your recent AAA constrainment, bounce or scoop M15 trades, explaining your reasons for entry & exit as well as showing other timeframes and your view on the situation there while entering? I am aware you may be busy with some other stuff but that would mean a lot and I'd be very grateful! :nerd:
- #12,444
- Mar 3, 2016 2:46am Mar 3, 2016 2:46am
Plus a trade where you took a loss please, if that still happens to you 
I always learn more from things that went wrong than from things that went smoothly. How long do you hold a trade when it goes against you? Your initial stops are pretty wide - do you use price action to cut your losses?
I always learn more from things that went wrong than from things that went smoothly. How long do you hold a trade when it goes against you? Your initial stops are pretty wide - do you use price action to cut your losses?
- #12,445
- Mar 3, 2016 2:46am Mar 3, 2016 2:46am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
Kostas, do you think you could find some time to post one of your recent AAA constrainment, bounce or scoop M15 trades, explaining your reasons for entry & exit as well as showing other timeframes and your view on the situation there while entering? I am aware you may be busy with some other stuff but that would mean a lot and I'd be very grateful! :nerd:
.Bounces are normal trades and there are infinite examples in the thread.
Scoops which I also find interesting, I will post when I get my hands on one....
- #12,446
- Mar 3, 2016 2:53am Mar 3, 2016 2:53am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
Plus a trade where you took a loss please, if that still happens to you
My stops are generally wider when the pair/action is noisier but more often than not I stop manually if I think that it's going bad on me.
I guess this comes with experience, so keeping your SL tight in the beginning is a good approach but you will get more stops as a result.
- #12,447
- Mar 3, 2016 3:46am Mar 3, 2016 3:46am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
I was expecting this one which is why I put that green triangle there this morning (confluence of H4 10, H1 35/50, DP). So patiently waiting for the GBP news and entered as soon as M1 started going up.
About +28p in 5 minutes, you gotta to love these. Now being greedy
someone could wait to hit 1.41000 again (or MP, DR1 higher), but risking loosing all the profit if it goes south now... What to do, what to do...
About +28p in 5 minutes, you gotta to love these. Now being greedy
someone could wait to hit 1.41000 again (or MP, DR1 higher), but risking loosing all the profit if it goes south now... What to do, what to do... 
- #12,449
- Mar 3, 2016 4:41am Mar 3, 2016 4:41am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
KIND REQUEST to all the people that PM me asking for individual help:
My available time is not enough to accommodate that, even if you offer payment.
Be sure that the best way to succeed is to get FREE help by studying the thread and asking questions in the thread.
All the questions have already been answered in here, so you need to invest the time.:nerd:
It is NOT an automatic-get-rich-quickly system, but if you spent the time you will be rewarded.
My available time is not enough to accommodate that, even if you offer payment.
Be sure that the best way to succeed is to get FREE help by studying the thread and asking questions in the thread.
All the questions have already been answered in here, so you need to invest the time.:nerd:
It is NOT an automatic-get-rich-quickly system, but if you spent the time you will be rewarded.
- #12,450
- Mar 3, 2016 4:56am Mar 3, 2016 4:56am
I was expecting this one which is why I put that green triangle there this morning (confluence of H4 10, H1 35/50, DP). So patiently waiting for the GBP news and entered as soon as M1 started going up. About +28p in 5 minutes, you gotta to love these. Now being greedy
- #12,451
- Mar 3, 2016 5:12am Mar 3, 2016 5:12am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
{quote} This one really was a beauty! I posted it in the interactive thread to keep the discussion going there. Unfortunately, I only had a limit order in since I was busy at the time, and my entry was missed by a tiny amount
EDIT: similar set-up for AU but that one doesn't retrace as much when it gets going...
- #12,452
- Mar 3, 2016 5:14am Mar 3, 2016 5:14am
{quote} LOL, just saw your post. You definitely scooped-me, credit goes to you for spotting it earlier than me..
- #12,453
- Edited 3:41am Mar 5, 2016 3:30am | Edited 3:41am
Fourth and last this week. Taken from 1hr therefore the SL was a bit wider - 21 pips. I try to focus on M15 entries only, but got greedy before the weekend (33 pips only by friday, not good enough) so I entered on the 1hr 10MA touch and at M15 50 (despite the NFP, risky business, I know), after 4hr rejection from RN. TP as usual though, 27 pips, could have gone MUCH further with this but didn't want to get even more greedy by the end of the week than I already did. It was a close one as my dd on this was ~19 pips. But eventually got what I came for.
60 pips stolen this week, time to give it a rest before stealing some more after the weekend which I hope all of you dancers will enjoy 
60 pips stolen this week, time to give it a rest before stealing some more after the weekend
which I hope all of you dancers will enjoy 
- #12,454
- Mar 6, 2016 3:37pm Mar 6, 2016 3:37pm
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #12,456
- Mar 7, 2016 11:51am Mar 7, 2016 11:51am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
Kostas, do you think you could find some time to post one of your recent AAA constrainment, bounce or scoop M15 trades, explaining your reasons for entry & exit as well as showing other timeframes and your view on the situation there while entering? I am aware you may be busy with some other stuff but that would mean a lot and I'd be very grateful! :nerd:
Reasons for entering: M15 repeated bouncing from confluence of MP, DS1, RN. Target: RN (1.4250) confluence with H4 200 and last week high.
Huge pay-off for Monday, so here is a photo of me relaxing after this trade...
- #12,457
- Mar 7, 2016 11:56am Mar 7, 2016 11:56am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
{quote} As requested, here is a scoop : {image} Huge pay-off for Monday, so here is a photo of me relaxing after this trade... {image}
Risiko birgt immer auch die Chance.
- #12,459
- Mar 7, 2016 2:16pm Mar 7, 2016 2:16pm
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
I so much love the dance. After just 45 minutes in the market today...target has been archieved...Yippeee!!! Trade 1: EJ 15min 35/50 touch sell. SL: 14pips TP: 25pips (TP met within 45minutes) Trade 2: GU 15min 35SMA sell. SL: 15pips TP: 25pips (TP met within 15minutes) Will lookout for entries with lower lots for the rest of the day. {image} {image}
