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  • Interactive Trading
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CHOROS Interactive

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  • Post# 1,041
  • Quote
  • Sep 6, 2011 1:13am
  • georgecv87
    Joined Oct 2010 | 92 Posts | Status: Member
Quoting Binyamin
Yeah looks like there is very strong support there too, market has tested it 4 times already.

EURCHF is showing symptoms of future constrainment too in a few hours or more. Judging from the looks of the previous S n R I personally prefer the constrainment direction of EURCHF. Because price got some room to move before reaching the next major support in EURCHF..... Until price in EURUSD break the current strong support I won't entertain any setups in that direction. You don't have to trade the way I do, I am very conservative....

Just a note, gold...

EURCHF approaching 15min 35sma ...confluenced with RN and 4hr 10ema....im watching it
  • Post# 1,042
  • Quote
  • Sep 6, 2011 1:33am
  • georgecv87
    Joined Oct 2010 | 92 Posts | Status: Member
GBPUSD could be a two bar retrace 15min...but its bouncing off a strong support area...be nimble guys
  • Post# 1,043
  • Quote
  • Sep 6, 2011 4:04am
  • iero4
    Joined Jan 2011 | 275 Posts | Status: Member
WTF was that huge bar on E/U ???
  • Post# 1,044
  • Quote
  • Sep 6, 2011 4:08am
  • Greenhill
    Joined Sep 2010 | 113 Posts | Status: Member
Quoting iero4
WTF was that huge bar on E/U ???
Swiss CB pegged the franc to 1.20 vs the euro.
  • Post# 1,045
  • Quote
  • Sep 6, 2011 4:08am
  • georgecv87
    Joined Oct 2010 | 92 Posts | Status: Member
Quoting iero4
WTF was that huge bar on E/U ???
it went up in a second mate...not seen anything like it.....Sl got hit....thank heavens...
  • Post# 1,046
  • Quote
  • Sep 6, 2011 4:11am
  • kk007
    Joined Feb 2009 | 2,901 Posts | Status: Commercial Member <- Don't trust me
Quoting Greenhill
Swiss CB pegged the franc to 1.20 vs the euro.
From now on, no point to trade USDCHF, EURCHF anymore.
  • Post# 1,047
  • Quote
  • Sep 6, 2011 4:12am
  • Greenhill
    Joined Sep 2010 | 113 Posts | Status: Member
Quoting georgecv87
it went up in a second mate...not seen anything like it.....Sl got hit....thank heavens...
No doubt a lot of people just lost a lot of money
  • Post# 1,048
  • Quote
  • Sep 6, 2011 4:18am
  • kostas1
    Joined Mar 2009 | 1,934 Posts | Status: Member
Quoting Greenhill
No doubt a lot of people just lost a lot of money
or made a lot.... (I was long EU to cover the gap. Entry from the double bottom M5 at 1.4050). Best day of my life.....

P.S. 3yrs ago I had the exact opposite day. One of these crazy bank actions lost 80% of my account in one day (SL was very far away).
  • Post# 1,049
  • Quote
  • Sep 6, 2011 4:19am
  • Survivor
    Joined Oct 2010 | 613 Posts | Status: Dr. Constrainment
Quoting kostas1
or made a lot.... (I was long EU to cover the gap. Entry from the double bottom M5 at 1.4050). Best day of my life.....

P.S. 3yrs ago I had the exact opposite day. One of these crazy bank actions lost 80% of my account in one day (SL was very far away).

I was long USDCHF!!!!
Making money is easy- Just dont take losing trades
  • Post# 1,050
  • Quote
  • Sep 6, 2011 4:20am
  • Binyamin
    Joined Jun 2011 | 975 Posts | Status: Consistency With Discipline
Quoting Greenhill
Swiss CB pegged the franc to 1.20 vs the euro.
Funny you say that because the swiss govt say they won't intervene with their currency anymore.
Market liquidity provider
  • Post# 1,051
  • Quote
  • Sep 6, 2011 4:21am
  • kk007
    Joined Feb 2009 | 2,901 Posts | Status: Commercial Member <- Don't trust me
Quoting kostas1
or made a lot.... (I was long EU to cover the gap. Entry from the double bottom M5 at 1.4050). Best day of my life.....

P.S. 3yrs ago I had the exact opposite day. One of these crazy bank actions lost 80% of my account in one day (SL was very far away).
  • Post# 1,052
  • Quote
  • Sep 6, 2011 4:23am
  • kostas1
    Joined Mar 2009 | 1,934 Posts | Status: Member
Quoting Binyamin
Funny you say that because the swiss govt say they won't intervene with their currency anymore.
http://www.forexfactory.com/news.php?do=news&id=313292
  • Post# 1,053
  • Quote
  • Sep 6, 2011 4:25am
  • Binyamin
    Joined Jun 2011 | 975 Posts | Status: Consistency With Discipline
Quoting kostas1
http://www.forexfactory.com/news.php?do=news&id=313292
Oops my info was 19 minutes out of date. I will take what these people say with a lump of salt!
Market liquidity provider
  • Post# 1,054
  • Quote
  • Sep 6, 2011 4:30am
  • georgecv87
    Joined Oct 2010 | 92 Posts | Status: Member
Quoting kostas1
http://www.forexfactory.com/news.php?do=news&id=313292
hello kostas...you proved ur a master again...good luck
  • Post# 1,055
  • Quote
  • Sep 6, 2011 4:30am
  • Survivor
    Joined Oct 2010 | 613 Posts | Status: Dr. Constrainment
Hope no one got caught on wrong side. These are the days for which i ALWAYS place an sl at the time of entry and no later
Making money is easy- Just dont take losing trades
  • Post# 1,056
  • Quote
  • Sep 6, 2011 4:36am
  • kk007
    Joined Feb 2009 | 2,901 Posts | Status: Commercial Member <- Don't trust me
Quoting kostas1
or made a lot.... (I was long EU to cover the gap. Entry from the double bottom M5 at 1.4050). Best day of my life.....

P.S. 3yrs ago I had the exact opposite day. One of these crazy bank actions lost 80% of my account in one day (SL was very far away).
Hi Kostas1,

Are you usually not trading the basic Choros/Dance? Nowadays, most of your reported setups are not basic Choros/Dance setups???

cheers,
  • Post# 1,057
  • Quote
  • Sep 6, 2011 4:36am
  • kostas1
    Joined Mar 2009 | 1,934 Posts | Status: Member
Quoting georgecv87
hello kostas...you proved ur a master again...good luck
No master around here. Just following normal CHOROS trades. When I saw the double bottom in M5 and the cross of the M15 10, I entered in the scoop up. My only wise decision was putting the take-profit line in the gap and when price exploded I moved the TP to 1.4250. I surely couldn't predict the SNB intervention.......
  • Post# 1,058
  • Quote
  • Sep 6, 2011 4:42am
  • kostas1
    Joined Mar 2009 | 1,934 Posts | Status: Member
Quoting kk007
Hi Kostas1,

Are you usually not trading the basic Choros/Dance? Nowadays, most of your reported setups are not basic Choros/Dance setups???

cheers,
????
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  • Post# 1,059
  • Quote
  • Sep 6, 2011 4:45am
  • kk007
    Joined Feb 2009 | 2,901 Posts | Status: Commercial Member <- Don't trust me
Quoting kostas1
????
ok ok scooped up trade... now I know
  • Post# 1,060
  • Quote
  • Sep 6, 2011 4:46am
  • georgecv87
    Joined Oct 2010 | 92 Posts | Status: Member
Quoting kostas1
No master around here. Just following normal CHOROS trades. When I saw the double bottom in M5 and the cross of the M15 10, I entered in the scoop up. My only wise decision was putting the take-profit line in the gap and when price exploded I moved the TP to 1.4250. I surely couldn't predict the SNB intervention.......
can anyone of you explain what is a GAP please...?
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