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CHOROS System

NO
I stick to EUR/JPY today
Typical breakdown and retest. Price usually drops like a stone after those.
and it did.
SL was 8 pip covered my risk at +10.
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bscholes, can you please explain it a bit more?
Quoting bscholes
Typical breakdown and retest. Price usually drops like a stone after those.
and it did.
SL was 8 pip covered my risk at +10.


In exactly the same trade. Nice one mate
What is any ocean but a multitude of drops?
Quoting Eur Usd
bscholes, can you please explain it a bit more?
I entered on M1 where it made a double top with
the second top lower than the first.

There even were two of those similar setups in the same day.
I get quite a bunch of good entries now.
Still struggling a bit with exits.
I closed the second part at +10 too,
while it could have been +34.
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Quoting bscholes
I entered on M1 where it made a double top with
the second top lower than the first.

There even were two of those similar setups in the same day.
I get quite a bunch of good entries now.
Still struggling a bit with exits.
I closed the second part at +10 too,
while it could have been +34.
cheers for explaining
I find it quite difficult to trade these days, as candles dance around EMAs/SMAs and I am not so good yet with candle actions. I focus mostly on touch of EMA/SMA, and double bottoms/tops, pins and doji are just confirmations of the touch
  • Tiwa
    Joined Nov 2011
Hi all i took this trade close for 40 pips
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Hi All

are you able to trade in these conditions? market is almost flat, there are rather unpredictable moves 10-20 pips one way or another and that's it
Here is my only trade since yesterday. I entered yesterday and had the patience (for first time) to wait until now. I finally closed manualy at 1.33917 while I was posting here.

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Μπράβο iero.

Όμως έσβησες το λοτ αλλά άφησες το κέρδος.



Translation

Well done my Greek brother
bscholes do you mind posting your template
Quoting FrankBlack
Μπράβο iero.
Όμως έσβησες το λοτ αλλά άφησες το κέρδος.
Καλά έκανε ο iero. Είναι σε pips αυτό που βλέπεις...
[BUY] 1,33897 - 1,33500 = 397 (δλδ. 39,7 pips) ...
Quoting kdao
Καλά έκανε ο iero. Είναι σε pips αυτό που βλέπεις...
[BUY] 1,33897 - 1,33500 = 397 (δλδ. 39,7 pips) ...
Hi guys
I understand that this thread was started by Greek, and that you feel very patriotic and proud (you have right for it, Greece has interesting, nice and long history and I hope to visit your country some day), but can you please stick to English so everybody can understand what you're on about?
thanks ;-)
Quoting Eur Usd
Hi guys
but can you please stick to English so everybody can understand what you're on about?
thanks ;-)
To the Greek gang: nice to see you all together here, but better stick to English so the rest can follow.
cheers Kostas
out of curiosity: how are your trades going in this weird market? are you still able to do 3% a day? or does the risk and reward change on bigger amounts of money?
[quote=iero4;6457692]Here is my only trade since yesterday. I entered yesterday and had the patience (for first time) to wait until now. I finally closed manualy at 1.33917 while I was posting here.

nice HTF trade iero. I also thought it but had no patient...
Quoting Acroix70
bscholes do you mind posting your template
Templates are attached, indicators and stuff are
here:

DanceTools

Example screenshot of my setup is attached too, for reference

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Attached File
File Type: zip dance-templates.zip   40 KB | 141 downloads
Quoting Eur Usd
cheers Kostas
out of curiosity: how are your trades going in this weird market? are you still able to do 3% a day? or does the risk and reward change on bigger amounts of money?
If you read throught the thread, you will see the evolution of that 3%. For months now, I am at 1% (sometimes gets close to 2% when I capture around 30 pips).
Hi all,

This trade was based in H1 10 touch in confluence with M15 35 touch and weekly S1. Closed manualy at + 55 pips although I could have gained much more...Anyway I took my piece of pie and I hope you guys too!

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