Well this is the little I know(thats why I trade that on demo). I entered about the 8th hour into the London session. Yeah, touch trade. When the price got near the WP the 2nd time I short with a 20 pip SL. I waited till after the 1st touch to be ...

CHOROS Interactive

You are right, problem solved. Anyway Entered GU on the second touch of the WP for some profit at the daily S2.(with demo)

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There is seriously something wrong with the Pivot Points v3 indicator. Now the indicator is showing 1.6044 for DP! it was 1.6051 just now! However when I use a different indicator it is all ok. The think is I have been using Pivot Points v3 ...

CHOROS Interactive

My GU DP s 1.6051, data feed is from alpari UK. I have just check here url that the DP is really 1.6021! zzzzzzz. What the heck is wrong with my datafeed again. Anyway i took the trade at EMA 62 just under alpari DP and got out 20 pips.

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EU never touched the WP but GU did touch the DP with M15 35/50 and RN. Since GU got there first I took the trade for a profit.

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Seconded

CHOROS System

Watching and stalking too. I like the 1.4000 RN.

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zzzzzzz — Here goes friday zzzzzzz

CHOROS System

thanks

CHOROS System

Pls be more specific, which pair?

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Well from my data feed which is alpari UK the pips difference between H1 10EMA and WP was less than 3 pips back then. No I don't use pending orders however I have seen asos101 and Haydel using pending orders with success. I have not a clue how to ...

CHOROS System

Great! I am going to blow up the oil field! <insert evil laugh>

CHOROS System

EURJPY — I just took a touch trade with +10 pips that confluence with WP, H1 10EMA and M15 50EMA. Reason why I took pip fast is because there are a lot of wicks at the 15M as you can see(nearly porcupine). Please feel free to share how you ...

CHOROS System

Hey I think I am getting it about touch now, I have been making +ve pips on my demo account that exclusively trade touch. The main difference between how I approach it when I first start and now is. 1) I take TP faster usually base on 15M PPA. In ...

CHOROS System

i am with you on that one. I learn with this kind of strat the trader can't be too rigid. Its not like most job where there are systems in place and barely room for discretion.

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yeah price seems to respect M5 23EMA very well. I really wonder how Kostas or other traders discover these kind of things.... I assume it is through trial and error and recording results. Any idea?

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