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Binyamin replied Jul 14, 2011I think Kostas made that call from reasons that are not very quantifiable. It is through his experience and feel of the market. The variables I see in the movement that Kostas called was -35/50 MA's are sideways -The market is clearly in a range ...
CHOROS Interactive
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Binyamin replied Jul 14, 2011I have just learn something new today, this is probably obvious to many of you btw. A diverging 35/50 MA shows that price is consolidating straight after a trend. (Ok this I already know but...) When prices are in consolidation their range can be ...
CHOROS System
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Binyamin replied Jul 14, 2011It did it exactly as you two predicted! Bravo! Thanks I can see why.
CHOROS Interactive
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Binyamin replied Jul 14, 2011You mean my broker Oanda? XAGUSD is 3 cents, during the US open 2 cents. I think the general volatility is not bad. The reason why I am considering it as one of my dance trades is because of what it did when Bernanke just hinted at QE2. Recently he ...
CHOROS Interactive
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Binyamin replied Jul 14, 2011Hi all I think everyone here can agree that high volatility is very good for the dance or choros trades, I use to do some research on market volatility and they are surprisingly predictable enough IMHO Check this out and explore the pairs with this. ...
CHOROS System
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Binyamin replied Jul 14, 2011SL at BE hit for XAGUSD. I am satisfied that I follow the SL trailing guidelines.
CHOROS Interactive
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Binyamin replied Jul 14, 2011XAGUSD trade was moved to BE. Now my tactic is to trail it till the move stops! It is up 15 pips. If yesterday is any indication of today it should be a wild move. But who knows.
CHOROS Interactive
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Binyamin replied Jul 14, 2011XAGUSD just dead end COB at the RN 38.50. Entered long.
CHOROS Interactive
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Binyamin replied Jul 14, 2011itching to enter XAGUSD now, it went pass 10 EMA with no pull back so havent enter.
CHOROS Interactive
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Binyamin replied Jul 14, 2011GJ went pass the pin I am waiting for a pull back...... EJ broke the 2 bar rule. I just entered GJ
CHOROS Interactive
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Binyamin replied Jul 14, 2011Possible up and coming 10 EMA trades for EURJPY and GBPJPY...... and also XAGUSD.....
CHOROS Interactive
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Binyamin replied Jul 14, 2011What you are describing is quite similar to the fat trade you took yesterday on the GBPUSD. Thanks! Lets see if it will get there in less than 4 bars.
CHOROS Interactive
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Binyamin replied Jul 14, 2011As I write a good GBPUSD constraiment movement just happened on the 10EMA H1, If I took the trade I would have thought the market will go up but it went down. I would have lost money... I can see when a constrainment trade is coming most of the time ...
CHOROS System
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Binyamin replied Jul 14, 2011Except for GBPJPY, the markets: EURUSD, EURJPY and GBPUSD have 35/50 MA's that are very very wide which is an indication that market is consolidating(from the original dance thread). Therefore I will step aside and just watch. I think the dance pros ...
CHOROS Interactive
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Binyamin replied Jul 13, 2011Since this is a thread for trades before it happen. I will be trading gold and silver with the dance.(Though I am trading them with another strategy) Bernanke has hinted at QE3, the last time he did that good things happen to traders in the metal ...
CHOROS Interactive
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Binyamin replied Jul 13, 2011I have been looking at the silver market XAGXXX and Gold XAUXXX. I see a lot of opportunity for profit lately with the dance package. Good old Bernanke is officially talking about QE3 now, that is why recently silver and gold shot up a lot. Assuming ...
CHOROS System