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- sopel replied Jun 17, 2010
You're welcome, i'm just sharing with what i've learned here. I'm not this topic master, and forex guru ... As a little off-topic something really big is cooking "behind stages". Dollar index is falling, eur,gbp gaining so we see good moves but oil ...
CHOROS System
- sopel replied Jun 17, 2010
I had bad experiences with counter trend trades, so i'm not jumping in. More interesting is 1.2450 area, and better for counter trend trade but still, i wont take it. If there will be some constrainment below ma's then ok but not today i think.
CHOROS System
- sopel replied Jun 17, 2010
Messiahua, sorry to hear that
but don't worry. I just woke up and didn't took this trade. That was good entry, two bar rule and 10ma touch. As you can see, it was going well for some time but turned oposite. Be patient, there will be more and ...CHOROS System
- sopel replied Jun 16, 2010
OIL - very volatile, but Perfect setup. SL now at BE +5. EDIT: Closed at 76.28 after target missed by 1 point + spread (3 pips) = 4 points. Done for today. Out.
CHOROS System
- sopel replied Jun 16, 2010
"Dance trades" are after "constrainment" (price moves in tight range - for short below 35 and 50 ma- 10ma below 35&50ma- touching 50 ma and droping, opposite for long). There should be min 3 or 4 candles touching ma's. Touch trades - after some ...
CHOROS System
- sopel replied Jun 16, 2010
yes, good one, but in my opinion if you want use dance trading, you don't need to read more than 2 topics. This one and original "The dance". Here is a lot of useful stuff. Stick to the basic rules, and later try touch trades. I was trying to use ...
CHOROS System
- sopel replied Jun 15, 2010
Someone asked eariler about other pairs with that system: For me it works(with other pairs, stocks etc - oil too but its very dangerous), but it's for more experienced traders, not only with "dancing" but pairs behaviour. Today f.e. i didn't took ...
CHOROS System
- sopel replied Jun 11, 2010
if EU will drop below 1.2070 then it could be really bad for eur. 1.20 today and lower next week...
EURUSD
- sopel replied Jun 10, 2010
closed at 1.4670 ... for the first time i made 90 pips in 1 dance trade
... whoh, few more and i'll be again at BE from month start
earlier i was taking 2 transactions, 1 close after 20 pips and let run for the second with SL at be ... but most ...CHOROS System
- sopel replied Jun 10, 2010
boom
Todays first dance trade, and sooo sucsesful. SL now at .1463. Normally i was aiming for 20-30 pips but that one looked good for me
. GBP/USD Leone, i for example started trading with 0.1 lot. This one is taken with 0.5.CHOROS System
- sopel replied Jun 10, 2010
funny thing
i was following dance rules by 2 months, and this week i tried to use other systems and guess what... i've lost half what earned with dance system.
Nice lesson for me... i have to use only dance system
. What was interesting, ...CHOROS System
- sopel replied Jun 9, 2010
1.4560 is worth of watching, i'll be looking for short setup there.
Cable Update (GBPUSD)
- sopel replied Jun 5, 2010
@jaylovin +
i don't trade patterns on so high TF, but it gives me ideas where we could go. As we all know this is forex and anything can happen, every pattern can fail. My entries are based on "the dance" system and it works for me. There are ...EURUSD
- sopel replied Jun 5, 2010
true, short term 5M shows something interesting. I think it will test 1.2080 and drop to 1.17. I'll be looking for next entry there.
EURUSD
- sopel replied Jun 5, 2010
1.14 ... i dont see there anything. 1.06 (D ) - almost perfect match of 1.27 XA move and 1.61BC,
EURUSD
- sopel replied Jun 5, 2010
all i wanna say is that i wont be looking for longs till 1.17 (1.20 broken so 1.17 is very possible) That yellow line has 300 pips so 1.17 - 1.175 should be reached without problems. Thats my target, if 1.17 wont hold 1.06 is next (historical strong ...
EURUSD
- sopel replied Jun 5, 2010
something for harmonic traders
. Monthly possible bullish butterfly.EURUSD