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CHOROS System

  • #13,881
  • Edited 12:24pm Aug 1, 2018 4:55am | Edited 12:24pm
Hi

Question: Would you guys take this touch on GU M15 what just happened? I didn't take it, because 1hr tf had flat MAs, pinbar is forming and US session is opening soon.
What are your thoughts?
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Edit. Trade would be successful
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Edit 2. I found my answer in the Clay's manual.
  • #13,882
  • Aug 3, 2018 12:46am Aug 3, 2018 12:46am
Quoting Sesamstrasse
{quote} Flat MAīs.. timing..
Thanks for your quick response. I have reread the manual to understand the flat MA but the timing aspect is still not clear. Are u referring to trade after the release of the news or a trade taken at recommended session?
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #13,883
  • Aug 3, 2018 1:48am Aug 3, 2018 1:48am
Quoting ejiexe
{quote} Thanks for your quick response. I have reread the manual to understand the flat MA but the timing aspect is still not clear. Are u referring to trade after the release of the news or a trade taken at recommended session?
Nope.
Make sure minimum one market is open of your instrument.
For example: no EURUSD trade during asian session.
Risiko birgt immer auch die Chance.
  • #13,884
  • Aug 3, 2018 3:36am Aug 3, 2018 3:36am
First trade today GU short bounce from 15min tf ema35. I closed +8,6 pips. I had to go out.
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  • #13,885
  • Aug 3, 2018 4:58am Aug 3, 2018 4:58am
Oooo I missed that while I've been away.
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  • #13,886
  • Aug 3, 2018 10:43am Aug 3, 2018 10:43am
Quoting Chrobakx
Oooo I missed that while I've been away. {image}
I am learning from you
THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS.
  • #13,887
  • Aug 3, 2018 10:46am Aug 3, 2018 10:46am
Quoting ejiexe
{quote} I am learning from you
I don't think that's the best idea, I'm only beginner here and doing mistakes, but we can help each other.
  • #13,888
  • Aug 5, 2018 7:04am Aug 5, 2018 7:04am
Quoting kostas1
{quote} Nothing frustrating. Market will do what it will have to do with or without you. You get in, grab your daily 30, and get out with as little risk as possible. Don't worry of what could have been. While I was developing my technique this past year, a good friend from Dubai (known to be a very good trader) after noticing my success gave me the following advice and I quote: "now u have got an edge , u know u can make 30 pip a day the way you are doing it now. but a bit later you are going to fight your worst enemy ( the little greedy man inside...
This is good Kosta1, very true
  • #13,889
  • Aug 8, 2018 8:57am Aug 8, 2018 8:57am
My first live trade this month.-- holiday modus.

But I can t resist a textbook trade.

First touch 50 Ema Cable m15 confruence H1 first touch 10 Ema after retrace.

Out for 15 pips.

Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [GBPUSDc,M15] 2018-08-08 17.41.17.png Size: 19 KB
Click to Enlarge Name: GBEbrokers-Live - [GBPUSDc,H1] 2018-08-08 17.58.26.png Size: 20 KB
Risiko birgt immer auch die Chance.
  • #13,890
  • Aug 9, 2018 11:19pm Aug 9, 2018 11:19pm
I was on holiday and didn't trade. Today I opened the cart and thought that there was no movement since it's august. It was surprising, that the market is moving that much in august! Surely didn't expect that...


2 trade during Frankfurt, selling AUD weakness

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Just when I closed the trades each +10, AUD is dropping like a stone
  • #13,891
  • Aug 10, 2018 6:28am Aug 10, 2018 6:28am
Well, still one of those mysteries that January and August are bad for trading. I donīt see any difference. If your pool is big enough, thereīs plenty to trade.
Stochastic and Heikin Ashi
  • #13,892
  • Edited Aug 11, 2018 1:49am Aug 10, 2018 10:23am | Edited Aug 11, 2018 1:49am
I noticed during my learning process that the best Ema touches are usually between London open and 11:00. During NY session price usually retracing to MAs 35/50 and ignoring the Ema10.

Did you notice the same guys?
Thanks
Edit: GU 15 min TF
  • #13,893
  • Aug 11, 2018 12:42am Aug 11, 2018 12:42am
Which pairs, which TF?
Stochastic and Heikin Ashi
  • #13,894
  • Aug 14, 2018 1:40am Aug 14, 2018 1:40am
Morning
Trade this morning GU 15minTF Ema 10 touch +6,2 pips. It was risky because the news. I close it shortly after news came out. I entered at 10 ema touch.
My entry is black label, exit green label.
Attached Image (click to enlarge)
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  • #13,895
  • Aug 14, 2018 2:25am Aug 14, 2018 2:25am
GU 15min TF Mas 35/50 touch fail, my SL was 12 pips, now price shoot back up. With 13, 14 pips stop I would be fine.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu MA 35.50 fail 14.8.18.png Size: 96 KB
  • #13,896
  • Aug 15, 2018 7:55am Aug 15, 2018 7:55am
First 200 pages done. There is really some good stuff, I made a tons of notes.
  • #13,897
  • Aug 15, 2018 8:00am Aug 15, 2018 8:00am
Quoting Chrobakx
First 200 pages done. There is really some good stuff, I made a tons of notes.
With effort comes success.
Stochastic and Heikin Ashi
  • #13,898
  • Aug 16, 2018 6:56am Aug 16, 2018 6:56am
This wonderful thread is a bit quiet these days, also the interactive choros thread, so I will post here a call that I'm waiting for:

Possible SHORT: EURUSD D1 10EMA in confluence with H4 35/50 and Daily R3 at 1.1420.
  • #13,899
  • Aug 16, 2018 7:20am Aug 16, 2018 7:20am
Quoting Haydel
This wonderful thread is a bit quiet these days, also the interactive choros thread, so I will post here a call that I'm waiting for: Possible SHORT: EURUSD D1 10EMA in confluence with H4 35/50 and Daily R3 at 1.1420.
H4, D1 and W1 are pointing down, so going short should work.

At 1.1420, price will be touching Daily R3 and H4 35SMA at the same time so that can create a nice reaction. Also if you take a look at H1 Time Frame, around that same area, H1 bars found resistance. That third touch of that resistance area may not be to strong but sure will help.

If 1.1420 area doesn't hold, there is D1 10EMA, H4 50EMA and RN 1.1450 that could be touched almost at the same time around 1.1450. That should also create a nice reaction to go down.

We'll see what happens if price gets there,.
  • #13,900
  • Aug 16, 2018 10:21am Aug 16, 2018 10:21am
Quoting Haydel
This wonderful thread is a bit quiet these days, also the interactive choros thread, so I will post here a call that I'm waiting for: Possible SHORT: EURUSD D1 10EMA in confluence with H4 35/50 and Daily R3 at 1.1420.
I'm trading every day, but only one pair GU and these days is market slow. I think a lots of people is on holiday as well. I'm going tonight for two weeks.
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