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CHOROS System

  • #14,401
  • Feb 4, 2019 10:19am Feb 4, 2019 10:19am
Quoting Sesamstrasse
{quote} Yes, looks like you tend to ride dead horses... {image}
Thanks for the response, Sesam. True that I have to put more attention on spotting the first touches...great point!
  • #14,402
  • Feb 4, 2019 10:24am Feb 4, 2019 10:24am
Quoting jan4ik05
{quote} Thanks for the response, Sesam. True that I have to put more attention on spotting the first touches...great point!
-- It requires a bit more than only first touches..
Timing, news, weakness, first touches, steep MAīs--
And many more, as written in this thread over and over.

It is a daily work at the beginning to remember how a AAA setup looks like and then try to spot one.
Training and patience will make the rest.

I see no reason why someone shouldn t be able to trade profitable as long as he sticks to the rules.
Don t try to interprete the market in any case.. keep it simple, pick AAA setups and get payed..



Good luck.
Guido
Risiko birgt immer auch die Chance.
  • #14,403
  • Feb 5, 2019 2:18am Feb 5, 2019 2:18am
Is this a valid trade?
This is my first trade using this technique, i've been practising this on stimulator from past few days.
Attached Image (click to enlarge)
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  • #14,404
  • Feb 5, 2019 2:24am Feb 5, 2019 2:24am
Quoting haris1211
Is this a valid trade? This is my first trade using this technique, i've been practising this on stimulator from past few days. {image}
Hi haris,

IMO that you saw the rejection is correct. Nevertheless the 35/50 are too flat and on HTF we're currently in an uptrend. That's just my 10 cents on it...keep the green pips though

Best,
J
  • #14,405
  • Feb 5, 2019 3:30am Feb 5, 2019 3:30am
Quoting haris1211
Is this a valid trade? This is my first trade using this technique, i've been practising this on stimulator from past few days. {image}
And that s exactly how it works..
Risiko birgt immer auch die Chance.
  • #14,406
  • Edited 9:21am Feb 5, 2019 8:33am | Edited 9:21am
GU M15 constrainment with 35/50 nicely on top of each other. +34
Was aiming initialy little obove the MP where also the 38 FIB lies, but went out at hesitation.

EDIT: Initial target was reached by now...probably better to take profit when in doubt than loosing capital.

Comments really welcome,
J
Attached Image (click to enlarge)
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  • #14,407
  • Feb 5, 2019 9:46am Feb 5, 2019 9:46am
UC +16 pips
Attached Image (click to enlarge)
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  • #14,408
  • Feb 6, 2019 2:43am Feb 6, 2019 2:43am
Quoting haris1211
Is this a valid trade? This is my first trade using this technique, i've been practising this on stimulator from past few days. {image}

Can you please tell me how did you operate Simulator on multiple time frames?
  • #14,409
  • Feb 6, 2019 3:26am Feb 6, 2019 3:26am
Quoting haris1211
Is this a valid trade? This is my first trade using this technique, i've been practising this on stimulator from past few days. {image}
Just to avoid confusion here:

This is a Simulator:
Attached Image (click to enlarge)
Click to Enlarge Name: Simulator.JPG Size: 105 KB


and THIS is a Stimulator.....
Attached Image


Warning: Practicing on the second requires different skills.....
  • #14,410
  • Feb 6, 2019 3:29am Feb 6, 2019 3:29am
Quoting kostas1
{quote} Just to avoid confusion here: This is a Simulator: {image} and THIS is a Stimulator..... {image} Practicing on each of these requires different skills.....
Attached Image
  • #14,411
  • Feb 6, 2019 5:22am Feb 6, 2019 5:22am
Hello guys,

Please confirm if this is a valid dance entry? I took it as bounce from 35/50 and H1 & H4 are bearish as well so took the entry.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-m15-entry-02062019.png Size: 24 KB
  • #14,412
  • Feb 6, 2019 5:43am Feb 6, 2019 5:43am
Quoting atif58
Hello guys, Please confirm if this is a valid dance entry? I took it as bounce from 35/50 and H1 & H4 are bearish as well so took the entry. {image}
I took the same trade, but later closed at BE, because the MAs 35/50 are diverging.
  • #14,413
  • Edited Feb 7, 2019 6:21am Feb 6, 2019 5:18pm | Edited Feb 7, 2019 6:21am
Quoting kostas1
{quote} Just to avoid confusion here: This is a Simulator: {image} and THIS is a Stimulator..... {image} Warning: Practicing on the second requires different skills.....
haahahahah, i actually thought we call it STIMULATOR, thanks for the correction though. I apologies for letting you believe that i've been practicing DANCING on a stimulator instead of a simulator, as english in not my native language so i do make mistakes sometimes.
  • #14,414
  • Edited 6:55am Feb 7, 2019 6:34am | Edited 6:55am
Is this a valid entry.
Rejection from 5ema. SL is 19 pips.
Attached Image (click to enlarge)
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  • #14,415
  • Feb 7, 2019 7:59am Feb 7, 2019 7:59am
Quoting haris1211
Is this a valid entry. Rejection from 5ema. SL is 19 pips. {image}
You took the trade exactly at the GBP news time (BOE announcement). Try to check with the FF news calender before you enter a trade.

My two EU M15 trades: 1) 10 EMA bounce 2) 35/50 bounce


Best,
J
Attached Image (click to enlarge)
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  • #14,416
  • Edited 1:23pm Feb 12, 2019 1:08pm | Edited 1:23pm
EU +52.7 pips
Attached Image (click to enlarge)
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  • #14,417
  • Feb 15, 2019 8:11am Feb 15, 2019 8:11am
Possible SHORT: EURUSD H1 10EMA in confluence with M15 35/50
  • #14,418
  • Feb 18, 2019 8:19am Feb 18, 2019 8:19am
Hello guys,

Please guide, Is that valid Scoop entry??
Attached Image (click to enlarge)
Click to Enlarge Name: GU Setup.png Size: 57 KB
  • #14,419
  • Edited 11:58am Feb 18, 2019 9:25am | Edited 11:58am
Quoting atif58
Hello guys, Please guide, Is that valid Scoop entry?? {image}
A possible early scoop.
1. Itīs always a good sign when a 50 touch already appeared and the 50 touch played out-- and price comes back.
2. the constrainment on the 10 Ema down looked promising-- just the scoop didn t play.
If I had taken the trade, the 10 ema would be my stop line.


Hope that helped.

Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [GBPUSDc,M15] 2019-02-18 16.23.50.png Size: 34 KB
Risiko birgt immer auch die Chance.
  • #14,420
  • Feb 25, 2019 6:28am Feb 25, 2019 6:28am
Possible LONG: EURUSD H1 10EMA in confluence with M15 35/50 and RN at 1.1350 and Daily R1 at 1.1354.
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