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CHOROS System

  • #16,001
  • Dec 14, 2020 1:53pm Dec 14, 2020 1:53pm
Quoting Alihelmy123
{quote} I am sorry i dont want to make channel I want everyone to learn and depend on him self The problem not in systems when i was trading for first years all of them dont work after more experience you will found most of them working but if you want to be win consistent take one trade daily ten pips and never trade again take A+ setups only its its more comfortable before that i was making around 50 daily but its too hard and all the day you looking for chart and you dont make high win rate after three days one become lose day Take 5 trades weekly...
very inspiring! you have mentioned that you must do your analysis on all timeframes. could you expand on that how exactly you do that and what you look for (or avoid)?
  • #16,002
  • Dec 14, 2020 2:31pm Dec 14, 2020 2:31pm
Quoting tonny47
{quote} very inspiring! you have mentioned that you must do your analysis on all timeframes. could you expand on that how exactly you do that and what you look for (or avoid)?
Very good question
Look how four time frames give the same decision i took it from 5 minutes because i need my stop to be very small and behind resistance
Four hour pin bar
One hour high bar and the second close in its range the third confimed the direction with big black candle
15 minutes broken moven 10 and retest it and made small pin bar
5 minutes price broken moven 50 and come back retest moving 10 and 50 and broken under them in one candle sell quickly you will take ten pips with 75 percentage guarantee
Attachment gAttachment gAttachment g
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,003
  • Dec 14, 2020 2:32pm Dec 14, 2020 2:32pm
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,004
  • Dec 14, 2020 2:32pm Dec 14, 2020 2:32pm
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,005
  • Dec 14, 2020 2:33pm Dec 14, 2020 2:33pm
I cant add all pictures in one post
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,006
  • Dec 14, 2020 2:58pm Dec 14, 2020 2:58pm
Quoting Alihelmy123
{quote} Very good question Look how four time frames give the same decision i took it from 5 minutes because i need my stop to be very small and behind resistance Four hour pin bar One hour high bar and the second close in its range the third confimed the direction with big black candle 15 minutes broken moven 10 and retest it and made small pin bar 5 minutes price broken moven 50 and come back retest moving 10 and 50 and broken under them in one candle sell quickly you will take ten pips with 75 percentage guarantee 381242938124303812431{image}...
thank you! please keep posting your trades when you have time.

do you only trade gbpusd?

how big stop loss do you use?
  • #16,007
  • Dec 14, 2020 5:45pm Dec 14, 2020 5:45pm
Quoting tonny47
{quote} thank you! please keep posting your trades when you have time. do you only trade gbpusd? how big stop loss do you use?
I trade gbp usd most of time
Sometimes gbp jpy ( increase st and tp )
St from 8 to 15 maximum
Tp from 10 to 15 maximum
Trade london and newyork overlap
Rarely assian
Avoid side way market
After two months trading with this setup your win rate above 65 percentage
With the time will be 80 percentage
Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,008
  • Dec 14, 2020 9:22pm Dec 14, 2020 9:22pm
Quoting Alihelmy123
{quote} I trade gbp usd most of time Sometimes gbp jpy ( increase st and tp ) St from 8 to 15 maximum Tp from 10 to 15 maximum Trade london and newyork overlap Rarely assian Avoid side way market After two months trading with this setup your win rate above 65 percentage With the time will be 80 percentage
Thanks for sharing again!
  • #16,009
  • Dec 15, 2020 3:06am Dec 15, 2020 3:06am
This set up is very strong
When price broken the daily open with 15 minute candle or above take a trade when come back to retest this area
And it make small candle in 15 minutes all of them close blew moving 10 or (12)
From the beginning of the day the price never broke the opening when break it take ten pips very quickly
Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,010
  • Dec 15, 2020 3:07am Dec 15, 2020 3:07am
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,011
  • Dec 15, 2020 3:08am Dec 15, 2020 3:08am
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,012
  • Dec 15, 2020 3:09am Dec 15, 2020 3:09am
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,013
  • Dec 15, 2020 3:20am Dec 15, 2020 3:20am
Technical analysis work perfectly but you must know were are you in the map
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,014
  • Dec 15, 2020 3:25am Dec 15, 2020 3:25am
In the opening of the new day you must put the four lines on your chart
the high and the low of the last day
The opening line of the new day
Base line of pivot point
Which equal to sma20 in 1 hour chart
Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,015
  • Dec 15, 2020 3:27am Dec 15, 2020 3:27am
Like this example put it in the opening then remove sma 20 and leave the line
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,016
  • Dec 15, 2020 4:04am Dec 15, 2020 4:04am
price returned from the previous day low and going to the opening of the new day if it broken it and broken moving 50
Take ten pips when it came to retest it
Around number 1.33200
St 1.33100
Tp 1.33300
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,017
  • Dec 15, 2020 4:08am Dec 15, 2020 4:08am
After 6 or 7 pips st loss on the opening
Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,018
  • Dec 15, 2020 4:21am Dec 15, 2020 4:21am
Who go out in the opening no problem
Better than loss
There where be another apportunty
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,019
  • Dec 15, 2020 4:21am Dec 15, 2020 4:21am
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Cut your losses. Cut your losses. Then maybe you have a chance
  • #16,020
  • Dec 15, 2020 4:22am Dec 15, 2020 4:22am
Sell from 1.33100
Cut your losses. Cut your losses. Then maybe you have a chance
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