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leemonk replied Jun 3, 2010Simmo, If you are watching the charts now. See how the double bottom on the previous two 1hr candles formed? ALso, see how it represents itself on the 15minute chart. They are actualy around 4/5 candles apart (the two lows). So you can see how ...
CHOROS System
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leemonk replied Jun 3, 2010Snap.... that's what I am thinking, but with only 15minutes to go on the 1hr candle, that looks like a strong double bottom! I don't think I'd trade against that. I just wish it would go one way or the other! Lee
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leemonk replied Jun 3, 2010Do you mean constrainment WITH confluence or are you asking two different questions?
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leemonk replied Jun 3, 2010Ah, okay. I have dropped the 1minute chart. I think by adding that and the 5minute and the pivots, I was making life tough for myself!
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leemonk replied Jun 3, 2010Interesting. What made you take the touch rather than wait for confirmaiton? Which I understood you did most of the time? Lee
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leemonk replied Jun 3, 2010You haven't read the manual, have you?


It's in there. I can't do it justice to explain it here. you will need to have a read on it.CHOROS System
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leemonk replied Jun 3, 2010The are slight disctepencies throughout the old manual, the new one and the original thread. In the old thread it was discussed that providing the angles were there, then a trade was good. Of course, if you have the angle AND the two bars, then it's ...
CHOROS System
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leemonk replied Jun 3, 2010I beleive the angle of the 35 at the time of the touch negates the two bar rule. This is a rule in the manual (not sure if it is in the new one though). Providing angles are steep then a touch is on. That said, I am trying to being PA into my ...
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leemonk replied Jun 3, 2010Still in it? How big is your SL? It looks like a porcupine to me currently, though, it did not look like that earlier. My worry with the trade and the reason I did not take it was because it looked like the 15minute 10ema has 'scooped' price. I am ...
CHOROS System
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leemonk replied Jun 3, 2010Touch trades should be taken on the touch! The manual does state that these can be hard to get as they happen fairly quick. That said, you can still wait for confirmation on these touches, which is what Kostas has a lot of success with, but this ...
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leemonk replied Jun 3, 2010You have asked Kostas to comment on your trade, so I'l' leave that to him. But I am happy to answer on Double tops and double bottoms. They are taken from the highest (for tops) or lowest (for bottoms) points of the candle. That could be it's wick ...
CHOROS System
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leemonk replied Jun 3, 2010THis was a good trade indeed. I have just opened an IBFX platform as I am tired of switching between 5 and 4 digit pairs. I have also just started using all the new scripts from Clays attachments. That said, and I think I made this point before, ...
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leemonk replied Jun 2, 2010Thanks. I'll be sure to wait next time. I keep jumping to early. I stripped back some of my charts today, back to the initial dance setup, and boy are things clearer. I know with less indicators, there will be less trades available, but after three ...
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leemonk replied Jun 2, 2010The price is being constrained by my 'buy' line!!!!! Does that mean I should take another trade

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leemonk replied Jun 2, 2010He did indeed....... He had a bad day on MOnday but wanted to 'stress' test the strategy, but as we know, it really wasn't a good day to trade. His account is at 138% (or something like that) over two weeks, but the amazing thing was, yesterday he ...
CHOROS System