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  • #2,221
  • Edited 8:57am Mar 9, 2016 7:42am | Edited 8:57am
Possible long on AU M15 35/50 confluenced with H1 10ema.

Edit: haven't taken it yet, as the price didn't touch the MA's. Instead opened a short on UJ H1 50 touch (almost) confluenced with H4 10ema and DP.

Edit2: got stopped out at -8.5p in UJ (above the DP). All in all, it wasn't a trade by the book (35&50 were too wide apart), but I expected the price to bounce from H1 50ema to 10ema. But instead was reminded once more - to trade what I see, not what I expect
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  • #2,222
  • Mar 9, 2016 9:26am Mar 9, 2016 9:26am
Short on EJ H1 35/50 touch/bounce confluenced with H4 10ema and RN; with a doji on M5.

Edit: S/O on this one too, done for today.
Everything is possible
  • #2,223
  • Edited 8:10am Mar 11, 2016 3:05am | Edited 8:10am
Possible EU long on H1 35/50 (confluence with DP and H4 10ema).

Edit:
Here's a nice example of how this system simultaneously works on different time frames: while waiting for EU to reach H1 35/50, took a short from EU M15 10ema with a SL above M5 35/50 and TP above H1 35/50. After the TP was hit, opened a long from H1 35/50 with SL below the daily pivot and TP below H1 10ema.

Have a nice weekend everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-11 EU M15 H1.png Size: 49 KB
Everything is possible
  • #2,224
  • Mar 11, 2016 9:30am Mar 11, 2016 9:30am
Quoting sasha.fx
Possible EU long on H1 35/50 (confluence with DP and H4 10ema). Edit: Here's a nice example of how this system simultaneously works on different time frames: while waiting for EU to reach H1 35/50, took a short from EU M15 10ema with a SL above M5 35/50 and TP above H1 35/50. After the TP was hit, opened a long from H1 35/50 with SL below the daily pivot and TP below H1 10ema. Have a nice weekend everyone! {image}
Very nice trading at both sides of the fence!
Excellent work sasha....
  • #2,225
  • Mar 11, 2016 11:36am Mar 11, 2016 11:36am
Quoting kostas1
{quote} Very nice trading at both sides of the fence! Excellent work sasha....
Hi Kostas - just a quick one - you wrote somewhere that all you needed was 40 pips a day - how long was it taking you to get the 40 pips?
On my way to financial independence - if others can do it - I can do it
  • #2,226
  • Mar 11, 2016 1:02pm Mar 11, 2016 1:02pm
Quoting Eur Usd
{quote} Hi Kostas - just a quick one - you wrote somewhere that all you needed was 40 pips a day - how long was it taking you to get the 40 pips?
Actually, my daily target is 15-20 pips. Usually it takes 1 or 2 trades for that.
  • #2,227
  • Mar 11, 2016 4:13pm Mar 11, 2016 4:13pm
Quoting kostas1
{quote} Actually, my daily target is 15-20 pips. Usually it takes 1 or 2 trades for that.
I know, the 40 pips were some years ago ;-)
What I am on about is how long do you have to stare at screen per day to get the 2 trades.
Personally I find 9am -12 pm London time the best time for trades.
As I wrote some days ago I am back to choros supported by Nial Fullers' PA and James 16 - hopefully this time I'll make it.

BTW out of curiosity - what money level do you think can be achieved with Dance? I mean where does size of account balance cause you more trouble than positives and you have to reduce your balance? I remember you mentioned that 30k was difficult for you to cross due to size of account.
Personally I hope for mortgage free life within 5 years - still 118k to pay off ;-) - good to have dreams ;-)
On my way to financial independence - if others can do it - I can do it
  • #2,228
  • Mar 12, 2016 3:29am Mar 12, 2016 3:29am
Quoting Eur Usd
{quote} I know, the 40 pips were some years ago ;-) What I am on about is how long do you have to stare at screen per day to get the 2 trades. Personally I find 9am -12 pm London time the best time for trades. As I wrote some days ago I am back to choros supported by Nial Fullers' PA and James 16 - hopefully this time I'll make it. BTW out of curiosity - what money level do you think can be achieved with Dance? I mean where does size of account balance cause you more trouble than positives and you have to reduce your balance? I remember you mentioned...
Again the 30K was some years ago...
Let's put it this way, you may be able to afford around 10 mortgages in a 4-5 yrs...
  • #2,229
  • Edited 2:56pm Mar 12, 2016 9:46am | Edited 2:56pm
Quoting kostas1
{quote} Again the 30K was some years ago... Let's put it this way, you may be able to afford around 10 mortgages in a 4-5 yrs...
That sounds good. I remember original Dance manual says you can get from 100 to 1mln within a year which seemed for me too unreal. Last question: when you started were you risking only 1% per trade or was it more? Manual says risk 2%at most.
Btw thanks for your answers. You were always inspiring me
On my way to financial independence - if others can do it - I can do it
  • #2,230
  • Mar 14, 2016 2:06am Mar 14, 2016 2:06am
Quoting kostas1
{quote} Very nice trading at both sides of the fence! Excellent work sasha....
Thank you, Kostas. It means a lot, especially hearing it from you
Everything is possible
  • #2,231
  • Mar 14, 2016 5:34am Mar 14, 2016 5:34am
Now this one took me over an hour in total. Entry for 2 positions - each 1% risk at green circle, then the formation called pinocchio marked with pink circle confirmed I should stay in the trade, exit at red circle with 11 and 14 pips.

Just remember - only trade pinocchio with trend, usually when I trade it against trend I lose
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On my way to financial independence - if others can do it - I can do it
  • #2,232
  • Mar 14, 2016 5:47am Mar 14, 2016 5:47am
I got only 1 pip on this one as I wasn't sure if I read formation properly - I could see there rectangle (blue lines - indication of continuation of trend), triangle with even length arms (violet triangle - also indicates continuation of trend at the height of longest bar is length you should consider for exit) andtriangle pointing up (brown line, means the trend can break) - looks like I could stay in trade and get some 10 pips more (1% more) - but I got 2.9% profit today anyway, time to rest unless I spot some good opportunity within 10 minutes.
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Click to Enlarge Name: Untitled.jpg Size: 214 KB
On my way to financial independence - if others can do it - I can do it
  • #2,233
  • Mar 14, 2016 8:55am Mar 14, 2016 8:55am
Quoting Eur Usd
Now this one took me over an hour in total. Entry for 2 positions - each 1% risk at green circle, then the formation called pinocchio marked with pink circle confirmed I should stay in the trade, exit at red circle with 11 and 14 pips. Just remember - only trade pinocchio with trend, usually when I trade it against trend I lose {image}
Hi EurUsd,

I was with you in this one. The only difference - I saw confirmation for staying in the trade on M5 (2 pinbars with wicks on 35sma) and stayed in it for 2h. Took it at a touch of 10ema with initial SL above M5 35/50 and TP above DS1, planning to exit near the RN, if price hesitates there. But later got tired/bored of waiting and exited manually at ~15p. Needless to say, that once I closed it, the price headed right down to the RN
Also, took one more EU trade at M15 35/50 touch with initial SL above the wick and TP at 10ema, wish I had stayed in this one a bit longer too
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-14 EU M15.png Size: 22 KB
Everything is possible
  • #2,234
  • Mar 14, 2016 9:49am Mar 14, 2016 9:49am
.
On my way to financial independence - if others can do it - I can do it
  • #2,235
  • Mar 14, 2016 10:38am Mar 14, 2016 10:38am
You cant catch whole moves all the time focus on long term goal
On my way to financial independence - if others can do it - I can do it
  • #2,236
  • Mar 14, 2016 10:50am Mar 14, 2016 10:50am
Guys,
let's try to keep this thread ONLY for upcoming trades. Use the normal Choros thread for all other posts.
  • #2,237
  • Mar 15, 2016 7:45am Mar 15, 2016 7:45am
Quoting kostas1
Guys, let's try to keep this thread ONLY for upcoming trades. Use the normal Choros thread for all other posts.
Sure, Kostas. Sorry

Possible short on G/U M15 35/50 (confluence with H1 10ema and DS2) and possible long on USD/CAD M15 35/50 (confluence with H1 10ema).
Everything is possible
  • #2,238
  • Mar 15, 2016 7:48am Mar 15, 2016 7:48am
Anyone watching GU? Possible 35/50 with 1H 10EMA forming in the near future.
  • #2,239
  • Edited 9:04am Mar 15, 2016 8:10am | Edited 9:04am
Quoting sasha.fx
{quote} Sure, Kostas. Sorry Possible short on G/U M15 35/50 (confluence with H1 10ema and DS2) and possible long on USD/CAD M15 35/50 (confluence with H1 10ema).
Entered USD/CAD on a touch, initial SL 8p, TP 20p (below M15 10ema, but might exit on DR2 if price hesitates). Moved SL to BE after the price moved +10p.

Edit: realized that moved SL to BE too early, so moved it to the low of the last candle, and after the price checked 35&50 once more and formed another pin on M1, moved SL to BE once again. I know that changing SL&TP during a trade is not the wisest thing to do discipline-wise and I'm working on eliminating this shortcoming from my trading. This time it worked and TP was hit, but I should have thought this through from the very beginning.

Green pips to you, guys!
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  • #2,240
  • Mar 18, 2016 6:18am Mar 18, 2016 6:18am
Watching EJ and EU for possible shorts on 35/50 (on EJ confluence with H1 10ema and WP, on EU possible confluence with RN and DP, but be aware that on EU it would be a short against H4 10ema).
Everything is possible
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