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CHOROS System

  • #11,621
  • Oct 29, 2014 2:36am Oct 29, 2014 2:36am
Quoting Sesamstrasse
{quote} good morning . as first make shure the price reactls nice with the MA´s . Cable works best , it respects the lines and it´s not toooooooooooooooooo slow to get some pips . make shure minimum one market is open when you trade the pair. But the most important thing is : Use the simulatoer .. use it .. day by day ... and in a couple of weeks you ll answer your own questions! From that moment , you can see with the first view on a chart " Daamn , soon the price will touch that line .. or is too sloppy , not steep enough .. , higher TF´s does...
i agree with sesam, he is a good teacher. listen to him
  • #11,622
  • Oct 29, 2014 2:55am Oct 29, 2014 2:55am
Quoting yag
{quote} i agree with sesam, he is a good teacher. listen to him
thanks man
Risiko birgt immer auch die Chance.
  • #11,623
  • Oct 29, 2014 4:43am Oct 29, 2014 4:43am
busy today...short EC, EN...both +9 pips
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  • #11,624
  • Oct 29, 2014 5:29am Oct 29, 2014 5:29am
another +7 pips on GCH, 10EMA touch
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  • #11,625
  • Oct 29, 2014 6:29am Oct 29, 2014 6:29am
Quoting yag
another +7 pips on GCH, 10EMA touch {image}
Looks like you got it very quickly !
I´m seeing most of times :
1. good entries and second, what is also very important :
2. exits around 10 pips in a m15 chart ..
Of course, everybody must find its own style , what fits to him ..
My experience also says in a M15 chart : 9-13 pips as targets works best ( depends on that pair ) for 10 Ema touches.
Expecting too much pips was not successful with me , but some green pips a day works fine , when I´m next to my puter.

You work profitable , I could bet
Guido
Risiko birgt immer auch die Chance.
  • #11,626
  • Oct 29, 2014 6:57am Oct 29, 2014 6:57am
Quoting Sesamstrasse
{quote} Looks like you got it very quickly ! I´m seeing most of times : 1. good entries and second, what is also very important : 2. exits around 10 pips in a m15 chart .. Of course, everybody must find its own style , what fits to him .. My experience also says in a M15 chart : 9-13 pips as targets works best ( depends on that pair ) for 10 Ema touches. Expecting too much pips was not successful with me , but some green pips a day works fine , when I´m next to my puter. You work profitable , I could bet Guido
totally agree, thx!...and yes, i am profitable
everything is part of a test, but more later...
  • #11,627
  • Oct 30, 2014 12:09am Oct 30, 2014 12:09am
Quoting Sesamstrasse
{quote} good morning . as first make shure the price reactls nice with the MA´s . Cable works best , it respects the lines and it´s not toooooooooooooooooo slow to get some pips . make shure minimum one market is open when you trade the pair. But the most important thing is : Use the simulatoer .. use it .. day by day ... and in a couple of weeks you ll answer your own questions! From that moment , you can see with the first view on a chart " Daamn , soon the price will touch that line .. or is too sloppy , not steep enough .. , higher TF´s does...
thank u for your support again. though i am new some information you have given need to be clear to me. i can not understand the word cable. did u mean any pair with that sir. another thing what will be the best way to simulate. if you kind enough to explain those things. thank u again sesamstrasse
  • #11,628
  • Oct 30, 2014 1:35am Oct 30, 2014 1:35am
Quoting anu730
{quote} thank u for your support again. though i am new some information you have given need to be clear to me. i can not understand the word cable. did u mean any pair with that sir. another thing what will be the best way to simulate. if you kind enough to explain those things. thank u again sesamstrasse
nearly everything you read about forex, you can find with google.
type in "cable forex" and you will get the answer
  • #11,629
  • Oct 30, 2014 1:46am Oct 30, 2014 1:46am
Quoting anu730
{quote} thank u for your support again. though i am new some information you have given need to be clear to me. i can not understand the word cable. did u mean any pair with that sir. another thing what will be the best way to simulate. if you kind enough to explain those things. thank u again sesamstrasse

the reason to call Gbp /usd cable was the first ( telegraph line crossing the ocean , a cable , in the 19th century ) between US and GB.

Guido
Risiko birgt immer auch die Chance.
  • #11,630
  • Oct 30, 2014 5:32am Oct 30, 2014 5:32am
fast in and out good for +12 pips with EA short.
this was a nearly perfect trade, both lines red and yellow where shaking hands at the touch
Attached Image (click to enlarge)
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  • #11,631
  • Oct 30, 2014 5:45am Oct 30, 2014 5:45am
Great to see all the good trades the last few days. I have been focused on my regular trading this week so I have not been trading Choros style for the last few days. But I end everyday by looking back at the charts and yesterday seems to have been a really nice day. So great to see people catching these.
Hopefully I will be back looking to take some choros trades next week. Still keeping an eye on the forum though.
  • #11,632
  • Oct 30, 2014 6:15am Oct 30, 2014 6:15am
+12 on EU short m15 35/50.
taking the touch late, because i wanted to watch the red news (CPI Germany) at the hour. but there was no real bullish reaction, so i pulled the trigger.
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  • #11,633
  • Oct 30, 2014 7:01am Oct 30, 2014 7:01am
GA +9 on EMA 10 touch.
it was a bit risky, but i saw two pin bars and a constrainment.
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  • #11,634
  • Oct 30, 2014 9:56am Oct 30, 2014 9:56am
an unorthodox m30 35/50 EC trade ...but it worked out for +12 pips
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  • #11,635
  • Oct 30, 2014 10:36am Oct 30, 2014 10:36am
Quoting yag
an unorthodox m30 35/50 EC trade ...but it worked out for +12 pips {image}
Yes , nobody uses M30 , but the price reacts also nice with that lines.

H1 is my favourite , not too noisy , and good to view.
Your trades looks all very nice , congrats you have a run ..
And as you can see : as close you get the trades by the lines , as tighten your SL can be .. and easy you can cut some green pips out of the market .

Looks like you re a talent !
Guido
Risiko birgt immer auch die Chance.
  • #11,636
  • Oct 30, 2014 11:51pm Oct 30, 2014 11:51pm
Quoting Sesamstrasse
{quote} Yes , nobody uses M30 , but the price reacts also nice with that lines. H1 is my favourite , not too noisy , and good to view. Your trades looks all very nice , congrats you have a run .. And as you can see : as close you get the trades by the lines , as tighten your SL can be .. and easy you can cut some green pips out of the market . Looks like you re a talent ! Guido
thx sesam for your kind words, but i think its more experience, thousand views of charts and a lot of hard work.
thats what you can only do if you love the markets, no matter if you have tough times.
  • #11,637
  • Oct 31, 2014 4:36am Oct 31, 2014 4:36am
+12 pips from EU short
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  • #11,638
  • Oct 31, 2014 5:08am Oct 31, 2014 5:08am
this was too tempting:
first touch of GJ 10EMA and RN. because it was so extended i waited for the RN to catch it.
fast +12 pips
Attached Image (click to enlarge)
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  • #11,639
  • Oct 31, 2014 5:27am Oct 31, 2014 5:27am
Quoting yag
this was too tempting: first touch of GJ 10EMA and RN. because it was so extended i waited for the RN to catch it. fast +12 pips {image}
400 pips the last few hours.. yes, this pair is harsh !
Congrats to catch some pips in it .
I don´t watch it in " dancing " style , tooooo harsh for me .. overran too many stops in the past .
But today is the last friday in the month ..
A good day , because the brokers pull the trigger thos afternoon a little .
very often new highs or lows happen on these days.
I ll try to find some good entries around US open .
Guido
Risiko birgt immer auch die Chance.
  • #11,640
  • Oct 31, 2014 5:44am Oct 31, 2014 5:44am
Quoting Sesamstrasse
{quote} 400 pips the last few hours.. yes, this pair is harsh ! Congrats to catch some pips in it . I don´t watch it in " dancing " style , tooooo harsh for me .. overran too many stops in the past . But today is the last friday in the month .. A good day , because the brokers pull the trigger thos afternoon a little . very often new highs or lows happen on these days. I ll try to find some good entries around US open . Guido
I agree, great stuff Yag.

I do not see your SL levels on the charts.
I understand that you probably do not set it on the chart, but keep it in mind.
Having TP of 10/15 pips, what SL do you consider ?

Many Thanks
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