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leemonk replied May 17, 2010Yup, watching it. I guess you will take that trade and take 15 pips or so and get out before it hits the high again, which failed to close above the previous double top which was also previous PA elsewhere? Lee It's also the 5 minute 35 too
CHOROS System
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leemonk replied May 17, 2010Kostas, Thanks for the quick reply. When you say they are the same, do you mean you have the 10/35/50 or you have the 30/105/150? ie the equivalents.
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leemonk replied May 17, 2010Ah.... I see now! Your daily already??????????? shocking
Very much a PA trade. To be honest, I would not have even been looking for that, so I would not have taken it. I am slowly working on my PA entries too. Answer the earlier posts in this ...CHOROS System
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leemonk replied May 17, 2010Trotty, Your comments echo pretty much what I have in my head. I want a simple strategy to start with, ie this one, then I will progress - slowly, back towards EO's strategy. Both of them are similar, therefore I think will transition fairly easily. ...
CHOROS System
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leemonk replied May 17, 2010Kostas, Thanks for the reply. In relation to this strategy... you run it very very well, so you ARE in a very high league.... kid youself not! I have never really used the 5minute charts, but its something I have started looking at and will continue ...
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leemonk replied May 17, 2010New Chart — This is my current trade: *Edit* Got stopped out as I post this. My SL was 12 pips, so an acceptable level. Price is sticking around my entry point.
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leemonk replied May 17, 2010I'm going to stay here. I find it hard to trade when in chat. There are no doubts massive benefits to being in a room where you can talk about a trade forming, but end up paying more attention to the chat than I do the trade in the end........ not ...
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leemonk replied May 17, 2010Hey Guys, Still keeping an eye on this thread though I am trying EClayF's 'The Dance' as it has many similar characteristics but is a far simplified system. No doubt I'll head back here at some point. Captain - May I ask a question? Based on your ...
Trade what you see NOT what you expect
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leemonk replied May 17, 2010Nice start to the week Kostas! I think the chat may have been changed. I was reading something from Juneman over the weekend it looks like it may be a subscription service now.... though I am not to sure about that. No dounbt Trotty will be on a ...
CHOROS System
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leemonk replied May 15, 2010Thanks Kostas, I didnt realise that you traded from work, I knew you worked, but not traded!! naughty naughty eh!!!!
May I ask how you've programed yourself not to take more trades if you see them? This is something that am thinking about, ...CHOROS System
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leemonk replied May 15, 2010Kostas, Is there any chance, if you have the time, to post your trades daily? I'd be very interested to see what trades you take and consider AAA. Regards Lee *edit* Certainly not asking for trade calls here, I would be perfectly happy if you posted ...
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leemonk replied May 14, 2010I'll say something here that makes me sound far more important that I am...... but it's not meant that way. Please remember I am only learning too. But someone told me this a while back and it has stayed with me. These are your tools! Keep them ...
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leemonk replied May 14, 2010Puntalara - Out of interest, why don't you have the 1hr 10ema equivalent (40ema) on the 15minute? You have the 35 and 50 equivalents. Did you realise? I just went back to my charts to see where it was..... Boy, does this stuff work!
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leemonk replied May 14, 2010This is a tough one for me to answer and my answer seems oberly obvious in hindsight. A trade based on PA 'may' have been valid there. You have a HUGE doji at the top of a move that closes on/under the confluence of the 35/50. I personaly, though ...
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leemonk replied May 14, 2010I am not sure that the 'scoop' is in the manual. If you haven't already, I would HIGHLY suggest you read through the original thread or download the thread from the links provided by Kostas. There is a SERIOUS amount of information in there that ...
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leemonk replied May 14, 2010Hi, Which candle time are you refering too? If its the most recent touches (2.30 & 2.45 - gmt+2) then I would suggest that the 15min 10 had already 'scooped' up the price and was starting an uptrend. At least that's the way it looks to me. There are ...
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leemonk replied May 14, 2010Alex, Near the end of the original thread there is a post from Clay which has a script which opens two trades. With this you can close one off early as Kostas suggests and then set the other to either breakeven OR set the SL to where you have just ...
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leemonk replied May 13, 2010I got half way through reading that thread.......... and its a long thread. THe main reason I stopped to be honest that the owner of the thread has not been on for a long time. I dont want to speculate to much by I know he had similar issues with ...
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leemonk replied May 13, 2010I'll do this from the office tomorrow and then bring it home on a memory stick..... Just finished reading it all!
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leemonk replied May 13, 2010There is a TON of stuff in the thread. Hence the reason I want to presever it somewhere, but 50 megs is alot of space! I have nearly finished the thread and I can assure you, most of the questions you are goign to ask, have already been answers and ...
CHOROS System