Me too. I am quite nervous today after two losses yesterday....... it really is a mental game!

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15minute 10ema touch STOPPED OUT

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Took this trade. I wanted to take it off the touch of the 5minute 10ema. I waited for 3 doji on the 1minute which I took as a reversal. Got stopped out pretty quick.

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I understand now why Clay used to say to keep the charts simple..... I threw up some trendlines on the GU earlier and they 'seemed' to respond well with price, however as I was suddenly convinced that trendlines were the way to go, I didn't take the ...

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An interesting GU area, if we get there — Details in the chart

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I find it hard to actualy 'trade' in the simulator as the scripts rarely work for me. If I can open a trade, then I can not close it. If I can close an old one, I can not open a new one. So, I use it more as an observation exersize. I watch it, when ...

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Ah..... apologies, the 3rd touch 'may' have been in the thread rather than the manual. The doji would have been a strong indication that price was going the way you wanted it to. The only thing to be aware of is that on many occassions you do not ...

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On another note.... this IS covered in the manual, so please be sure to have read it fully. That said...... these questions are GREAT as it means we all get to think about it more and, speaking for myself, the more I try to answer these questions, ...

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url The link above is your chart. Look at the time 23.30 to see a constrainment. Can you see how the 2nd/3rd/4th touch would all have been great entries and see where the price went! That is a good constrainment trade there. Below is from the GU ...

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Okay, Confluence is merely the joinging of several indicators together. It is not a trade call, nor is it 'something' to be traded. It's simply a few indicators that cause signals, but in one place. For example, it could be any of the following ...

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I have really got to start trusting that 5minute 10ema bounce!!!!

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Well done that man!!! I Missed this. I saw your call a little later and by the time I looked at it the price was sideways around the MA, so I did not take it

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Not really a 'rulebook' trade. That was a breakout trade and if you took it, it's usual to wait for a re-test.

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I dont trade that pair, but it might be good for a small amount of pips. The concern I would have entering that trade is that the trend has reversed, and you can see this through the bounces off the 15minte 10ema. Therefore you are actualy taking a ...

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Lots of sideways movement in this chart currently. This is a time when, according to the rules, we should not trade. Just to expand on what Kostas said too..... it was a three bar retrace too! Couple that with shallow angle MA and it doesnt work ...

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The post Kostas refered too. Definately worth repeating. Kostas: Haven't counted them but they do happen. On the other hand, being patient helps avoid some head-fakes and increases winning%. You just have to fight the urge to get in right away. It's ...

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This was one of the last few things added to 'The Dance'. We called it the scoop. When the 10ema catches the price and it starts bouncing off of it in what seems, at the time, a counter trend. We were trying to work out the difference and when to ...

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I see what you are saying. In fact I think my entries were worse than 'at the top', they in mid trend downwards! I don't know if you are aware of the history of 'The Dance', but it had it's life cut very short and there were a great many things that ...

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I find the best practice is to know where the MA was. So, if you are looking at price and you think it's going to move and touch an MA, be aware of where that MA is at the time you start to think the move might be on. Price will drag MA's with it, ...

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Question now is whether we can see more bounces south after such strong 1hr rejection I knew I should have stayed in bed today!

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