CHOROS System

The US session as I see it on GBP/USD and EUR/USD.

I love The Dance...
http://data0.eklablog.com/ladanseduf...099_1.png?1298

GU M15...posible touch trade SMA35 coming??

That's definitely porcupine right now. Any touch of the 35 would not be a touch I think, because 35 and 50 are separated a lot and there a lot of previous indecision. It can easily turn in any direction, notice Daily 10. BTW news also.

That's right...tanks.

it had worked for 60 pips

now waiting ema10 retacement...

Unfortunately this happens a lot, but you never know what can happen next minute or hour. I'm just trying to follow rules and I guess, that's better then to lose and know that you could avoid that (that also happened to me previous week ).

Short GU now... constrainment EMA5-10 + RN...

Exit +21pips

and it was low risk now.

Good morning...I love The Dance

I'm going to show you my trade on GU...

-Entry: constraintment trade on Confluence EMA's 15m and H1.
-Exit: Ema10 Daily
-Profit: 27 pips
-Stop loss: 11 pips

Two trades today: first: -11pips; second: +27pips = +16pips.

Waiting for de next.

Best regards,
Nando

Touch EMA10 15m now...but it's very close to Daily Ema10...I don't like that trade...

What do you think about??

It worked for 15 pips, but I'd prefer wait for a better set-up.

Regards.

I guess it's by the rules and daily 10 is not a touch anymore, because there are 3 bars, but there is strong S/R in this zone (yesterday to the left). Also it would be great, if you post some charts... because later no one will understand what we are talking about.

Yes, You right...I'll try it.

Regards.

Hi all, I haven't been trading for a few days. The charts recently haven't favoured the Dance. Also busy with the day job.
Anyway here's my first trade for today.

Cheers
Simmo

I had a pretty bad day yesterday.
I dropped about 11%.

I removed stops, traded through news (FOMC statement), and
exceeded my previously set max stoploss for a single day (4.5%).

GBP/USD has been just "silly" for me during the US session.
I have had very few strong, valid signals with it over the past month.
It feels so "thin" or illiquid. (Of course, a slow August could be the culprit).

There are quite a few people who trade it as the only pair they trade.
(many in the US session)... Kostas, EOHater, Crucial Point, and others.
It doesn't seem to be working for me. I'm going to remove it from my line-up and just stick with EUR/USD.

I'm a fairly aggressive scalper, I have done many things outside of "The Dance" ruleset lately, but I believe in the basic framework set forth in the rules.

Just a confession, thanks for listening.

I was wondering whether anybody managed to make a killing off EUR/JPY yesterday.. it was a massive drop as it was a combination of EUR/USD + USD/JPY going down, double effect..

Sadly there was very few dance entry that I can see but other people was more lucky than me?

@Intu: I symphatise with you, my dance rules have been tweaked as well to catch big movement like EJ last night that's why I haven't post any of my trade as it has extra indicators, some of the entry are not dance entry. I don't want to confuse people here but the major portion or fundamental of what I use now is the dance..

Cheers..
BC

Hi:

Entry long on touch EMA10 M15.

Stopped out: -16pips.

Took the same, but of 35, also stopped.