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CHOROS System

  • #13,821
  • Jul 18, 2018 6:28am Jul 18, 2018 6:28am
First trade 5 min AudUsd - loss 5 pips. Could have closed it for 8 pips profit, or at least break even.
Second trade 5 min GbpChf - break even. Could have closed for 12 pip profit, but ended up breaking even. Just a spread away from my target of 13 pips.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPCHFM5.png Size: 105 KB
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  • #13,822
  • Jul 18, 2018 7:31am Jul 18, 2018 7:31am
Two trades today,


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  • #13,823
  • Jul 18, 2018 9:22am Jul 18, 2018 9:22am
Quoting tonny47
First trade 5 min AudUsd - loss 5 pips. Could have closed it for 8 pips profit, or at least break even. Second trade 5 min GbpChf - break even. Could have closed for 12 pip profit, but ended up breaking even. Just a spread away from my target of 13 pips. {image} {image} {image}
Hi Tonny.

I saw your trade and have a different analytic --

Just think about market behaviour.

Before the price broke out of the "asian session range" , it formed a constrainment--
Constrainments can make huge moves.
Your entry was just a bit late -- and against the round number.
Explanation on chart.

Hope this helped to figure out a better result next time.
Have always a look for " empty space" where your TP can run into.

Stay tuned
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM5.png Tonny.png Size: 242 KB
Risiko birgt immer auch die Chance.
  • #13,824
  • Jul 18, 2018 9:39am Jul 18, 2018 9:39am
Quoting Sesamstrasse
{quote} Hi Tonny. I saw your trade and have a different analytic -- Just think about market behaviour. Before the price broke out of the "asian session range" , it formed a constrainment-- Constrainments can make huge moves. Your entry was just a bit late -- and against the round number. Explanation on chart. Hope this helped to figure out a better result next time. Have always a look for " empty space" where your TP can run into. Stay tuned Guido {image}
thank you, certainly helps! still trying to find the balance between entering too late and too early. want to stay with momentum but at the same time those entries could be the end of the move
  • #13,825
  • Edited 10:00am Jul 18, 2018 9:43am | Edited 10:00am
Quoting tonny47
{quote} thank you, certainly helps! still trying to find the balance between entering too late and too early. want to stay with momentum but at the same time those entries could be the end of the move
Yes, that´s the difficult point in trading.--
When is too late -- and how to exit.

A good help is to look in advance: Do I have enough space for my target.

..step by step you´ll get better and better.. it just needs time and patience.

I see no problem why you shouldn t end up in green when you follow strictly the rules.

Stay tuned
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [AUDUSDc,M15] 2018-07-18 17.00.04.png Size: 27 KB
Risiko birgt immer auch die Chance.
  • #13,826
  • Jul 19, 2018 2:12am Jul 19, 2018 2:12am
NzdUsd 5 min - little late entry due do internet connection, nevertheless fast 7 pips with strong momentum
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  • #13,827
  • Jul 19, 2018 3:33am Jul 19, 2018 3:33am
Couldn't trade much today, so just one quick trade on EURJPY for +10

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  • #13,828
  • Jul 19, 2018 6:14am Jul 19, 2018 6:14am
last one for the day EurJpy 15 min. took 10 pips profit. my TP was 17 pips, went in my favour 16.5, then reversed back at which point i closed it for 10 pips profit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 126 KB
Click to Enlarge Name: EURJPYM15.png Size: 135 KB
  • #13,829
  • Jul 19, 2018 7:29am Jul 19, 2018 7:29am
Hi
This is my equity curve. No its not upside down :-D
Work in progress, still need to learn hold the trades, don't cut good trades short. But i believe I can do it. Kosta1 you are my inspiration.
Btw Kosta can I make chat room on discord for live trades? I want you to approve it, if not no problem, it's just an idea.
Attached Image (click to enlarge)
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  • #13,830
  • Jul 19, 2018 8:15am Jul 19, 2018 8:15am
Quoting Chrobakx
Hi This is my equity curve. No its not upside down :-D Work in progress, still need to learn hold the trades, don't cut good trades short. But i believe I can do it. Kosta1 you are my inspiration. Btw Kosta can I make chat room on discord for live trades? I want you to approve it, if not no problem, it's just an idea. {image}
The good thing about it is:
You can learn from it.

.......a better thing from it is:
You already learned how not to blow off your account in 30 bad trades in a row.


Try the simulator- you have nothing to lose --- well discribed how to use it -- over and over..
For beginners a MUST- IMO.


Guido
Risiko birgt immer auch die Chance.
  • #13,831
  • Jul 19, 2018 10:31am Jul 19, 2018 10:31am
I said it was my last trade... but then i saw this one forming on GBPUSD. price was touching ema 10 on 1 hour chart
closed for 14 pips profit
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  • #13,832
  • Jul 19, 2018 12:13pm Jul 19, 2018 12:13pm
Quoting Chrobakx
Hi This is my equity curve. No its not upside down :-D Work in progress, still need to learn hold the trades, don't cut good trades short. But i believe I can do it. Kosta1 you are my inspiration. Btw Kosta can I make chat room on discord for live trades? I want you to approve it, if not no problem, it's just an idea. {image}
Looks like you are at the inflection point like my chart at the 1st post of this thread....
  • #13,833
  • Jul 19, 2018 12:25pm Jul 19, 2018 12:25pm
... this is one of these days when really every trade plays out.

Ucad long since a couple of days--
Exit today..
https://www.forexfactory.com/showthr...4#post11278934

and now I saw the price breaking down .- and jumped on it with a good amount --

Funny

Ucad M1 -- classic 10 Ema first touch --

The dinner is payed ;-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [USDCADc,M1] 2018-07-19 19.18.12.png Size: 22 KB
Risiko birgt immer auch die Chance.
  • #13,834
  • Jul 19, 2018 1:02pm Jul 19, 2018 1:02pm
Quoting kostas1
{quote} Looks like you are at the inflection point like my chart at the 1st post of this thread....
Haha yea, now only the sky is the limit.
And my shrinking balance. But I'm thinking positive, is only me who can fix it.
  • #13,835
  • Jul 20, 2018 2:38am Jul 20, 2018 2:38am
Good morning
This morning I had one trade, I expected CHF/JPY will bounce of ema 35. I entered short on the 15min bar close on arrow, but price hesitated one hour and after london open I rather closed it at BE+0,4 pips.
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  • #13,836
  • Edited 8:16am Jul 20, 2018 2:41am | Edited 8:16am
Quoting Chrobakx
Good morning This morning I had one trade, I expected CHF/JPY will bounce of ema 35. I entered short on the 15min bar close on arrow, but price hesitated one hour and after london open I rather closed it at BE+0,4 pips. {image}
Wide seperated and flat 35/50..already touched MA.
What do you expect?
Risiko birgt immer auch die Chance.
  • #13,837
  • Jul 20, 2018 3:03am Jul 20, 2018 3:03am
This morning a very great trade, extreme angle on the 10 and then bounce

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Have a nice weekend
  • #13,838
  • Jul 20, 2018 3:19am Jul 20, 2018 3:19am
Eur Usd 15 min + RN loss 10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 130 KB
  • #13,839
  • Jul 20, 2018 3:22am Jul 20, 2018 3:22am
GbpJpy breakeven - this one was painful because it went in my favour 17-18 pips. Was aiming for 24 pips. Could have locked in 10 pips in hindsight but wasn't sitting at my computer (may need to use some EA to lock in profit automatically)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 178 KB
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  • #13,840
  • Edited 9:51am Jul 23, 2018 7:48am | Edited 9:51am
Today the market needed a bit time to dance with me --
During the morning I tried to catch some green and trade the spread between 10Ema and 35/50-- but got screwed.

After lunch it went well-- same trade Idea--
Execution in m1 and m5
I call it a day.

Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYcM30.png Size: 24 KB
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M1] 2018-07-23 14.43.15.png Size: 29 KB
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M5] 2018-07-23 16.50.32.png Size: 21 KB
Risiko birgt immer auch die Chance.
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