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CHOROS System

  • #13,801
  • Jul 12, 2018 5:50am Jul 12, 2018 5:50am
Quoting tonny47
managed to move my stop loss from 7 to breakeven before the spike down, then price went up. wouldnt survive 7 pip stop loss though {image}
Hi tonny-- good to see you trading-

Just a thought:
7 pips initial SL with a high volatile pair like GJ might not be enough.

I know SLīs shouldn t be larger than targets-- but give it a bit space to breathe.

Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #13,802
  • Jul 12, 2018 6:24am Jul 12, 2018 6:24am
Quoting Sesamstrasse
{quote} Hi tonny-- good to see you trading- Just a thought: 7 pips initial SL with a high volatile pair like GJ might not be enough. I know SLīs shouldn t be larger than targets-- but give it a bit space to breathe. Stay tuned Guido
that's fair point. i actually opened the trade with wider stop but then started narrowing the stop as price wasnt going anywhere and could see long tails on one hour chart which made me worried about entering at the top
  • #13,803
  • Jul 12, 2018 7:31am Jul 12, 2018 7:31am
cadjpy on 5 min - took a while but closed for 9 pips
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM5.png Size: 93 KB
  • #13,804
  • Jul 12, 2018 9:12am Jul 12, 2018 9:12am
last two trades today on audjpy 5 min.

first one stopped out for loss of 8 pips and the other one profit 12 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPYM5.1.png Size: 93 KB
Click to Enlarge Name: AUDJPYM5.png Size: 67 KB
  • #13,805
  • Jul 12, 2018 10:02am Jul 12, 2018 10:02am
Quoting tonny47
last two trades today on audjpy 5 min. first one stopped out for loss of 8 pips and the other one profit 12 pips {image} {image}
have a look at the angle of the 10 MA on the losing trade
  • #13,806
  • Jul 12, 2018 10:45am Jul 12, 2018 10:45am
Quoting GodFire
{quote} have a look at the angle of the 10 MA on the losing trade
i didnt think it was bad especially if you look at the first image which is not zoomed in but now that you say it, it is less steep than the other trades. thanks for the comment. need to keep closer eye on this
  • #13,807
  • Edited 1:07am Jul 13, 2018 12:35am | Edited 1:07am
Attachment g

Early bird.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M5] 2018-07-13 07.32.29.png Size: 26 KB
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M15] 2018-07-13 07.38.41.png Size: 40 KB
Risiko birgt immer auch die Chance.
  • #13,808
  • Jul 13, 2018 3:45am Jul 13, 2018 3:45am
What a day, lots of movement in the market this morning

First trade at the 10 out at BE. Second trade was a bounce of the M15 10, which I took on the M5 for an early entry, but resulted in a loss of -15

Attached Image (click to enlarge)
Click to Enlarge Name: 18-07-13GBPAUDM15.png Size: 40 KB



Bounce of the 10 for +10. There was another entry on the next bar, but I missed it
Attached Image (click to enlarge)
Click to Enlarge Name: 18-07-13GBPUSDM15.png Size: 37 KB



First trade bounce of the 10 for +15. Second was also a bounce of the 10, but i entered early on the M5 chart for another +10
Attached Image (click to enlarge)
Click to Enlarge Name: 18-07-13GBPJPYM15.png Size: 38 KB


Entered also on the M5 chart and almost hit my SL, but resulted in +10
Attached Image (click to enlarge)
Click to Enlarge Name: 18-07-13EURJPYM15.png Size: 33 KB



Total +30 pips

Closed my week in style, see you on monday
  • #13,809
  • Jul 15, 2018 2:20pm Jul 15, 2018 2:20pm
Wow

Incredible trading.

Well done.
  • #13,810
  • Jul 16, 2018 3:10am Jul 16, 2018 3:10am
why is this goose-guy not blocked from posting here his bullshit and wasting our time?!
trading is like dancing, don't think and just listen to the music!
  • #13,811
  • Jul 16, 2018 3:50am Jul 16, 2018 3:50am
Quoting birdland
why is this goose-guy not blocked from posting here his bullshit and wasting our time?!
I felt sorry for his misery and thought that he may eventually appreciate what happens in this thread.
But after reading his attack posts in various threads, I see that his latest post here is ironic at the least...
So birdland is correct, and goose4 has now the privilege of being the 2nd guy blocked by me after all these years....
Anyway, got to be careful with these secret agent guys......
  • #13,812
  • Jul 16, 2018 3:57am Jul 16, 2018 3:57am
Quoting kostas1
{quote} I felt sorry for his misery and thought that he may eventually appreciate what happens in this thread. But after reading his attack posts in various threads, I see that his latest post here is ironic at the least... So birdland is correct, and goose4 has now the privilege of being the 2nd guy blocked by me after all these years.... Anyway, got to be careful with these secret agent guys.........
thx kostas,
sometimes we have to cut our loosers and in threads idiots;-)
trading is like dancing, don't think and just listen to the music!
  • #13,813
  • Jul 16, 2018 4:02am Jul 16, 2018 4:02am
Quoting birdland
{quote} thx kostas, sometimes we have to cut our loosers and in threads idiots;-)
Long time no seeing my friend.
What happened to you, how is life treating you?
  • #13,814
  • Jul 16, 2018 4:38am Jul 16, 2018 4:38am
Quoting kostas1
{quote} Long time no seeing my friend. What happened to you, how is life treating you?
well thx, life is quite good to me.
still looking at dance-setups but trading them seldom. use them more as a orientation guide.
i trade H1 and H4 charts because its less timeintense. its a combination of pivots, S&R and other important lines like DO.
maybe one day ill open a thread, but at the moment family matters are more important.
trading is like dancing, don't think and just listen to the music!
  • #13,815
  • Jul 16, 2018 4:50am Jul 16, 2018 4:50am
Today was a patience game, really had to sit on my fingers for a long time to find a good setup

Both trades bounce of the 10 with a nice angle, on both +10
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #13,816
  • Jul 16, 2018 6:13am Jul 16, 2018 6:13am
My two successful trades just now
GU 10ema touch entry 1,32617
exit 1,32717 +10 pips

GJ 10ema touch, I entered bit early, but exited +5
entry 149,096
exit 149,147

After my exits, price rocketed to the sky, but profit is profit.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU,GJ 16.7.18.png Size: 31 KB
Click to Enlarge Name: GU 16.7.18.png Size: 31 KB
  • #13,817
  • Jul 16, 2018 8:07am Jul 16, 2018 8:07am
And -12 pips
GJ, I expected price retrace from RN, but it went trough the 50ema.
Attached Image
  • #13,818
  • Jul 17, 2018 3:52am Jul 17, 2018 3:52am
Loss on 5 min EurJpy -3 pips
Gain on 5 min EurUsd 11.5 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 126 KB
Click to Enlarge Name: EURUSDM5.png Size: 118 KB
  • #13,819
  • Jul 17, 2018 5:36am Jul 17, 2018 5:36am
AudChf 5 min, bit of a late entry, but good enough for +7 pips
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHFM5.png Size: 119 KB
  • #13,820
  • Jul 17, 2018 5:41am Jul 17, 2018 5:41am
UsdChf 5 min - loss 3 pips. Bit dissappointed, went in my favour 9.5 pips. Just half a pip short of my target, ended up with small loss
Done for the day
-3+11.5+7-3 = 12.5 pips profit for the day
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM5.png Size: 101 KB
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