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leemonk replied Jul 7, 2010That was a tough one. If the MA's are split and the RN is not to far behind them, either you need to be very carefull with the entry as you do not know which MA its gunning for OR your SL is behind the RN. I would have been tearing my hair out at ...
CHOROS System
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leemonk replied Jul 7, 2010Caj, It's a bit messy for constrainment and its only the bodies that are being constrained. Clay did original say, be carefull when looking at 10ema constrainment as its the 35 and 50 that you ideally want. Lee
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leemonk replied Jul 6, 2010........ and you plan on taking a trade at anytime?
The last one would worry me a little. If you run pivots, then there is always going to be 'something' in the way. It's just if you are confident price will go through it OR it presents enough ...CHOROS System
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leemonk replied Jul 6, 2010No...... I meant it was probably a trade I would have taken, though I would have kept a serious eye on the 10coming at me along with the R1 that it was at! THis is what I meant in my recent post. Price seems to always bounce against the 10, whether ...
CHOROS System
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leemonk replied Jul 6, 20106pips? why so small? If you had waited for the touch, it may have actualy been just enough.
CHOROS System
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leemonk replied Jul 6, 2010Kostas, This is an interesting point you raise here, which ties in nicely with something that I have been observing over the last few weeks or so. I find that in the trade mentioned above, if price bounces of the 15 minute 35/50MA's AND the 10 has ...
CHOROS System
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leemonk replied Jul 6, 2010Ultimatus... You are missing a KEY bit of information in this post. Whether you saw it or not, only you will know. But this trade also bounced off the 1hr 10 on one candle! Did you see it or did you 'just' trade the 15minute? If you saw it, then ...
CHOROS System
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leemonk replied Jul 6, 2010Sit for ONE day, just one day, watching and DO NOT TAKE A TRADE! Try that and you will start learning the mental approach to it. Don't just walk away from the machine all day, sit there, like you would if you were trading and DO NOT TRADE. It is not ...
CHOROS System
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leemonk replied Jul 6, 2010Didb't know that..... that's interesting. Mind if I ask what you look for on the 1 minute charts? (not that I plan on doing it).
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leemonk replied Jul 6, 2010You know when I said 'I got greedy', well, that is exactly where I had placed my TP! There is a lot of PA to get through first. Look left on the 1 and 4 hour charts for Resistance levels.
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leemonk replied Jul 6, 2010Moving Moving averages (yes, I know moving is twice) — It's worth mentioning here, that looking back through the days charts can make you doubt yourself sometimes. I am not suggesting by any means that you do not do this as it is a great ...
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leemonk replied Jul 6, 2010Will, That trade would NOT have touched that 10ema during that bar. It looks perfect now because the close of the bar massively dragged the angle with it. I promise you, it would have been nowhere near. See my above post for an explanation on it. ...
CHOROS System
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leemonk replied Jul 6, 2010The Price would have been nowhere near the 10ema on that trade. If you wanted that trade, then I think the only thing that would have gotten you in would be a 1minute or 5 minute entry. Chances are it probably bounce off the 5minute 10ema. BUT that ...
CHOROS System
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leemonk replied Jul 6, 2010Hi all, Sorry I have been abscent. My trading is not going well, nor is my learning, so I didn't want to burden anyone with that! I did take a good trade this morning, which is seems many of you spotted and some of you took. I have posted my chart ...
CHOROS System
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leemonk replied Jun 29, 2010Surely Sir, if you have TWO trades BOTH at 30pip TP and ONE of them gets hit, does not the other get hit too? I see a fundamental flaw in your explanation. ps. Others may have pointed this out, but I did not read the whole thread.
Moving SL to BE is very wrong/noobish
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leemonk replied Jun 17, 2010Well...... well done Sir!!!! I can see the confidence growing

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leemonk replied Jun 17, 2010I was looking at the charts and I thought that the only way to have acheived that was to hold a trade overnight...... for some reason I thought this was something you did not do. Hence the confusion. I really should have known better on this trade. ...
CHOROS System