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CHOROS System

  • #14,061
  • Sep 28, 2018 4:08am Sep 28, 2018 4:08am

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  • #14,062
  • Sep 28, 2018 5:04am Sep 28, 2018 5:04am
Hello dancers would you consider this a valid trade even with that pinbar rejection from the round number
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  • #14,063
  • Sep 28, 2018 5:22am Sep 28, 2018 5:22am
Quoting amedeo
Hello dancers would you consider this a valid trade even with that pinbar rejection from the round number {image}
Although the MAs are steep and parallel I wouldn't take it...It is valid in my opinion but with tight SL and for 10-15pips TP.
You are allowed to fall but you are imposed to get up!
  • #14,064
  • Sep 28, 2018 5:51am Sep 28, 2018 5:51am
@iero4 because of the round number?

it somehow similar to your previous trade
didnt the round number spook you
Quoting iero4
That's the trade I was waiting patiently from the morning! {image}
  • #14,065
  • Edited 6:07am Sep 28, 2018 5:52am | Edited 6:07am
I saw that USD/CAD touch in M15 in confluence with H1 and H4 and couldn't resist...it looks like it will hit my TP.

UPDATE: SL hit...
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You are allowed to fall but you are imposed to get up!
  • #14,066
  • Sep 28, 2018 8:39am Sep 28, 2018 8:39am
Quoting amedeo
Hello dancers would you consider this a valid trade even with that pinbar rejection from the round number {image}
sure it was valid for me.

m15:
look at the DO line which acts as a resistance:
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m5:
and then look at the nice Pinbar-rejection on the chart
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trading is like dancing, don't think and just listen to the music!
  • #14,067
  • Sep 28, 2018 11:18am Sep 28, 2018 11:18am
I took only one this week.

EJ M15 50 touch with H1 confluence 10 Ema.
Kick out +70

Stay tuned
Guido
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Risiko birgt immer auch die Chance.
  • #14,068
  • Sep 28, 2018 4:10pm Sep 28, 2018 4:10pm
Evening guys

After three months with this great, simple and powerful strategy I want to share with you little bit of my statistics.

The numbers are nothing impressive comparing with some of you guys, but I'm getting better.

Jul -206 pips
August. -61 pips
September -28 pips

I was hoping that September will be my first positive month, but never mind. My last two weeks ended in green numbers and I'm happy.
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  • #14,069
  • Sep 29, 2018 3:36am Sep 29, 2018 3:36am
Quoting Chrobakx
Evening guys After three months with this great, simple and powerful strategy I want to share with you little bit of my statistics. The numbers are nothing impressive comparing with some of you guys, but I'm getting better. Jul -206 pips August. -61 pips September -28 pips I was hoping that September will be my first positive month, but never mind. My last two weeks ended in green numbers and I'm happy. {image}
dont mind at all, it takes some time to spot the good&high probability trades. especially the last two weeks are promising, so just continue!
may i ask you how long your trading experience was before choros?
trading is like dancing, don't think and just listen to the music!
  • #14,070
  • Sep 29, 2018 4:00am Sep 29, 2018 4:00am
Quoting birdland
{quote} dont mind at all, it takes some time to spot the good&high probability trades. especially the last two weeks are promising, so just continue! may i ask you how long your trading experience was before choros?

Hi Birdland

I started learning and trading from February 2016. I was trading only economic news for 8 months. After that I stopped because it was too much stressful. Every trade was all in. And then last year end of November I started again with micro account. I went trough three strategies before I found Choros thread and here I'm today. My modest plan is end this year at BE.
  • #14,071
  • Oct 1, 2018 3:11am Oct 1, 2018 3:11am
A quick +12. I opened this trade because there is a clear break of 35/50 and the price retrace to 10 ema. Maybe this trade is categorized as a scoop up trade? Right now still waiting if there is a good opportunity again.
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  • #14,072
  • Oct 1, 2018 3:21am Oct 1, 2018 3:21am
I opened a trade again based on the touch of 10 ema. Hope this one going well too.

Edit : The price hit my SL at +1. I don't know if there is a news ahead hahaha
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  • #14,073
  • Edited 3:59am Oct 1, 2018 3:31am | Edited 3:59am
Quoting yhsman
I opened a trade again based on the touch of 10 ema. Hope this one going well too. {image}
I took the same and waiting to see how it goes. I don't have a TP yet so I think I will close at +15

UPDATE: Took my +16 and I am done
You are allowed to fall but you are imposed to get up!
  • #14,074
  • Edited 4:54am Oct 1, 2018 3:49am | Edited 4:54am
Opened a trade again based on 10 ema touch. Please give me 20 pips hahaha

EDIT : I close manually at +19. That's enough for today.
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  • #14,075
  • Oct 1, 2018 3:55am Oct 1, 2018 3:55am
Quoting iero4
{quote} I took the same and waiting to see how it goes. I don't have a TP yet so I think I will close at +15
Nice one, I hope it will hit your TP
  • #14,076
  • Oct 1, 2018 4:54am Oct 1, 2018 4:54am
i chickened out early +4.4
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  • #14,077
  • Edited 2:17am Oct 2, 2018 2:05am | Edited 2:17am
Not one of my best entries but seems to be nice trade so far.

UPDATE: I took +15. I knew I could take more but my daily target was hit quickly and I have a lot of work today so I am done

I wish green pips to all of you guys!
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You are allowed to fall but you are imposed to get up!
  • #14,078
  • Edited 3:50am Oct 2, 2018 2:29am | Edited 3:50am
Quoting amedeo
@iero4 because of the round number? it somehow similar to your previous trade didnt the round number spook you {quote}
Not all Round Numbers act like support or resistance. They do so but always in relation to the price action and momentum. Moreover, my entry was at 1.1717 which means that even if the RN would act as support line, I could take 17pips.
You are allowed to fall but you are imposed to get up!
  • #14,079
  • Oct 2, 2018 3:52am Oct 2, 2018 3:52am
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  • #14,080
  • Oct 2, 2018 4:50am Oct 2, 2018 4:50am
first trade EURGBP ended -12 pips
all those wicks on the h1 chart should have warned me
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second trade textbook trade +27

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