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  • Main Dance Trades Checklist Warning: Please Go Though The Thread and Manuals

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    Devyash Jha
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    This document provides a checklist for analyzing main dance trades in the forex market. It lists several key indicators to look for, including: [1] containment within a moving average range indicated by small candles and wicks, [2] steep touches of the 10 EMA on the first or second touch with two bars, and [3] flat and parallel or converging 35/50 EMA touches never diverging. It warns that this is an illustrative document provided for free without guarantees.

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    choros trades

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    choros trades

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    This document provides a checklist for analyzing main dance trades in the forex market. It lists several key indicators to look for, including: [1] containment within a moving average range indicated by small candles and wicks, [2] steep touches of the 10 EMA on the first or second touch with two bars, and [3] flat and parallel or converging 35/50 EMA touches never diverging. It warns that this is an illustrative document provided for free without guarantees.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    20 views5 pages

    Main Dance Trades Checklist Warning: Please Go Though The Thread and Manuals

    Uploaded by

    Devyash Jha
    This document provides a checklist for analyzing main dance trades in the forex market. It lists several key indicators to look for, including: [1] containment within a moving average range indicated by small candles and wicks, [2] steep touches of the 10 EMA on the first or second touch with two bars, and [3] flat and parallel or converging 35/50 EMA touches never diverging. It warns that this is an illustrative document provided for free without guarantees.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Main Dance trades checklist

    Warning: Please go though the thread and manuals.


    http://www.forexfactory.com/showthread.php?t=224697
    http://www.forexfactory.com/showthread.php?t=236210
    All disclaimers there apply. This is illustration document that I am sharing for free and
    without any guarantees. All credit to Eclayf and Kostas.

    Containment: Nice parallel Mas


    Small candles
    Wicks though constraining MA are good confirmation
    10 EMA touch: Very steep
    First/ second touch
    2 Bars

    35/ 50 Touch: Steep


    First/ second touch
    MAs parallel or on top of each other or converging never diverging
    Not core dance: Some maybe in advanced rules. I have observed them to be good.
    However use with caution. I accept no responsibility and neither does anyone else
    associated with choros/ dance.

    Rejection bar: Flat close together MAs


    Single Wicks through all MAs and closes on other side
    Shows which side it’s going
    Contra trend bar: Turning 10 EMA
    A bar with long wick though 10EMA but fails to close on that side
    Best if far away from 35/50
    Expect big move: when price crosses 35/50 that are flat and close together

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