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CHOROS System

  • #15,721
  • Aug 28, 2020 1:36am Aug 28, 2020 1:36am
Quoting paxilein
Hey! Another one joining the thread.... I'm not yet finished reading, but trying to see stuff in the charts... Is this a great touch-entry for GBPJPY? Touching the 35 on M15 and the 10 on H1 just after having an overshot pinbar-touch of the 35 on M15. Cheers Pax {image}
Very nice
You are allowed to fall but you are imposed to get up!
  • #15,722
  • Aug 28, 2020 2:11am Aug 28, 2020 2:11am
Quoting iero4
{quote} Very nice
So, it looks like there's still hope for me?
It's never too late to make a bad trade!
  • #15,723
  • Aug 28, 2020 2:16am Aug 28, 2020 2:16am
Quoting paxilein
{quote} So, it looks like there's still hope for me?
approximately 2% can make a living from trading, so there is not much hope;-)
trading is like dancing, don't think and just listen to the music!
  • #15,724
  • Aug 28, 2020 5:37am Aug 28, 2020 5:37am
Quoting paxilein
Hey! Another one joining the thread.... I'm not yet finished reading, but trying to see stuff in the charts... Is this a great touch-entry for GBPJPY? Touching the 35 on M15 and the 10 on H1 just after having an overshot pinbar-touch of the 35 on M15. Cheers Pax {image}
Trade worked but aren't 35 and 50 too far apart?
  • #15,725
  • Aug 28, 2020 7:18am Aug 28, 2020 7:18am
I never realized that the success rate is 2 percent Birdland. I thought that it was 17 percent. However one than needs to be part of the 2 percent. If some one can do it, than the next person can.
  • #15,726
  • Aug 28, 2020 9:29am Aug 28, 2020 9:29am
Quoting tonny47
{quote} Trade worked but aren't 35 and 50 too far apart?
There was confirmation in both M5 and H1.
You are allowed to fall but you are imposed to get up!
  • #15,727
  • Aug 28, 2020 11:40am Aug 28, 2020 11:40am
Just waking up and looking at the chart.... Ignoring the fact that the market will close soon and none of the pair has open market I saw this...

Trade could probably be based on H1 touch of the 10, but that's almost flat, so I would've waiting until the next bar where the 10 on H1 has confirmation with the 10/50 on M15. Also looks a bit like Contrainment by 50 on M15?

Cheers

Pax
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It's never too late to make a bad trade!
  • #15,728
  • Aug 30, 2020 10:21am Aug 30, 2020 10:21am
Quoting Sesamstrasse
{quote} Schow me your 5 AAA setups and I ll help you to spot the right ones.
Hi Sesamstrasse, thanks a lot for the offer! I will do. I was travelling this weekend and I'm on a business tomorrow, so it'll take a day or two. But I'll post them and tag you.

Regards,
Methos
  • #15,729
  • Edited 2:13am Aug 31, 2020 1:51am | Edited 2:13am
I just took a long trade on GBPUSD off of the H1 35 in confluence with the RN and confirmation from daily trend up... Also triple bottom on M15...

Yes, it's three bar pullback... That's why I moved the SL to BE+1 quite quickly...

TP is the Resistance-Level at 1.33560

Any comments on this one?

Cheers

Pax

Edit: Closed by SL for +6.6
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It's never too late to make a bad trade!
  • #15,730
  • Aug 31, 2020 2:50am Aug 31, 2020 2:50am
Quoting paxilein
I just took a long trade on GBPUSD off of the H1 35 in confluence with the RN and confirmation from daily trend up... Also triple bottom on M15... Yes, it's three bar pullback... That's why I moved the SL to BE+1 quite quickly... TP is the Resistance-Level at 1.33560 Any comments on this one? Cheers Pax Edit: Closed by SL for +6.6 {image}
good done.

GU is best for trading it in choros style. its my favorite pair.
trading is like dancing, don't think and just listen to the music!
  • #15,731
  • Aug 31, 2020 9:51am Aug 31, 2020 9:51am
GBP/USD H1 very nice price action confirmation. Took quick +19 pips

I saw that Paxilein took the same. When you enter based in H1 TF, try to give to the trade more space to "breath".
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You are allowed to fall but you are imposed to get up!
  • #15,732
  • Sep 1, 2020 1:01am Sep 1, 2020 1:01am
GBP/USD M15 Bounce of 35/50 in confluence with RN and Doubble Bottom Price action. Took quick 34.5 pips. This uptrend in G/U and EUR pairs looks unstoppable at the moment.
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You are allowed to fall but you are imposed to get up!
  • #15,733
  • Sep 1, 2020 1:17am Sep 1, 2020 1:17am
Quoting iero4
GBP/USD M15 Bounce of 35/50 in confluence with RN and Doubble Bottom Price action. Took quick 34.5 pips. This uptrend in G/U and EUR pairs looks unstoppable at the moment. {image}
There was also a nice bounce off of the first touch of the RN which was good for 15 pips
It's never too late to make a bad trade!
  • #15,734
  • Sep 1, 2020 1:30am Sep 1, 2020 1:30am
Quoting NameIsMethos
{quote} Hi Sesamstrasse, thanks a lot for the offer! I will do. I was travelling this weekend and I'm on a business tomorrow, so it'll take a day or two. But I'll post them and tag you. Regards, Methos

That´s okay, Today and tomorrow I have time to help you, but then my holiday ends.
Risiko birgt immer auch die Chance.
  • #15,735
  • Sep 1, 2020 1:33am Sep 1, 2020 1:33am
Quoting paxilein
{quote} There was also a nice bounce off of the first touch of the RN which was good for 15 pips
When this happened both London and NY were closed so it is against the rules...
You are allowed to fall but you are imposed to get up!
  • #15,736
  • Sep 1, 2020 1:40am Sep 1, 2020 1:40am
Quoting Sesamstrasse
{quote} but then my holiday ends.
It looks like someone is ridding the waves

Next year come to Greece...I will arrange a nice place for you
You are allowed to fall but you are imposed to get up!
  • #15,737
  • Sep 1, 2020 2:16am Sep 1, 2020 2:16am
Quoting iero4
{quote} It looks like someone is ridding the waves Next year come to Greece...I will arrange a nice place for you
I have a very good friend near Nikiti/Ormos, view directly to Athos.
Dolphin schools in the morning in front of the house.
I´ve been there many times and we travelled a lot inside Greece as well.

I´ll contact you before I visit Greece again..

Lovely there
Risiko birgt immer auch die Chance.
  • #15,738
  • Sep 1, 2020 2:19am Sep 1, 2020 2:19am
Quoting iero4
{quote} When this happened both London and NY were closed so it is against the rules...
Hmm... On my clock that was 15 minutes after European open...
It's never too late to make a bad trade!
  • #15,739
  • Sep 1, 2020 2:35am Sep 1, 2020 2:35am
Quoting Sesamstrasse
{quote} I have a very good friend near Nikiti/Ormos, view directly to Athos. Dolphin schools in the morning in front of the house. I´ve been there many times and we travelled a lot inside Greece as well. I´ll contact you before I visit Greece again.. Lovely there
That's where I live...the guy with the pirate boat in Ormos is my friend so we meet next year for sure
You are allowed to fall but you are imposed to get up!
  • #15,740
  • Sep 3, 2020 12:13am Sep 3, 2020 12:13am
After seeing the last bounce at the RN on GBPUSD I was wondering when the RN counts again as a new touch. For MAs it's after a cross and close on the other side and then returning, isn't it?
So what is it for the RN? Maybe after it has crossed the next RN above/below, too? Or after it moved X pips away from it and crossed back?

Cheers

Pax
It's never too late to make a bad trade!
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