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CHOROS System

  • #1,561
  • Aug 19, 2010 12:09am Aug 19, 2010 12:09am
Quoting kostas1
I was talking about post #1550 not #1549. This is indeed constrainment.
ok, i understand.
the post #1550 was just the reason why i closed the position.

i will try to avoid confusion next time
trading is like dancing, don't think and just listen to the music!
  • #1,562
  • Aug 19, 2010 1:31am Aug 19, 2010 1:31am
-10MA touch
-max. 2 bars needed to get there

closed for +24 pips
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #1,563
  • Aug 19, 2010 1:39am Aug 19, 2010 1:39am
This is from this morning. I took 2/3 partial profits at +28p. The remaining 1/3 was taken out by the news at +17p.

EDIT: Birdland, it seems we got the same trade. Good job!
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  • #1,564
  • Aug 19, 2010 1:54am Aug 19, 2010 1:54am
yes, thx, and luckly we sold before the news!

on another account i had a trailing stop with 30 pips slippage following the news!
trading is like dancing, don't think and just listen to the music!
  • #1,565
  • Aug 19, 2010 4:39am Aug 19, 2010 4:39am
exactly the same daypattern AND time as yesterday?
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trading is like dancing, don't think and just listen to the music!
  • #1,566
  • Aug 19, 2010 5:22am Aug 19, 2010 5:22am
Quoting birdland
exactly the same daypattern AND time as yesterday?
Very important resistance in this area (both from trendlines and higher timeframe MAs). The price can do funny things in these areas....
Attached Image (click to enlarge)
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  • #1,567
  • Aug 19, 2010 5:40am Aug 19, 2010 5:40am
thx,
yes, you are right.
too choppy to trade it in this area.
trading is like dancing, don't think and just listen to the music!
  • #1,568
  • Aug 19, 2010 11:20pm Aug 19, 2010 11:20pm
Hi:

My first trade today on GU.

Touch + constrainment M15 trade. Long wick on H1 too.

I felt scaared and closed the trade, buy I think the corect exit had been in the RN / M1 pivot confluence.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: 20-08-2010_dance_1.gif Size: 78 KB
"Being picky only cost your time - not MONEY"...Hans
  • #1,569
  • Aug 19, 2010 11:45pm Aug 19, 2010 11:45pm
Quoting nando_rich
Hi:

My first trade today on GU.

Touch + constrainment M15 trade. Long wick on H1 too.

I felt scaared and closed the trade, buy I think the corect exit had been in the RN / M1 pivot confluence.

Regards.
i just wanted to post my chart, you were faster

for me +30 pips

here a question comes up:
would it also be fine to buy exactly by the touch of the 50EMA on the M15?
i know there were more than 2 bars involved.

my argument is this: on the H1 the 35MA touched first AND we saw constrainment.
trading is like dancing, don't think and just listen to the music!
  • #1,570
  • Aug 20, 2010 12:02am Aug 20, 2010 12:02am
Hi again:

Trade based on M5 chart. Doji + touch 35-50 MA's. M15 Touch EMA10.

Fast scalp exit with +10pips on RN + M1 pivot confluence...

My daily goal reached (+20pips).

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: 20-08-2010_dance_2.gif Size: 80 KB
"Being picky only cost your time - not MONEY"...Hans
  • #1,571
  • Edited 5:08am Aug 20, 2010 4:53am | Edited 5:08am
Quoting birdland
here a question comes up:
would it also be fine to buy exactly by the touch of the 50EMA on the M15?
i know there were more than 2 bars involved.

my argument is this: on the H1 the 35MA touched first AND we saw constrainment.
i have answered this question by myself in reading the rules again and again.
trading is like dancing, don't think and just listen to the music!
  • #1,572
  • Aug 20, 2010 6:06am Aug 20, 2010 6:06am
This was not Dance "by the rules" but CHOROS nevertheless since I caught the MAs but from M5. The H1 10 constrainment also helped my decision (favoring shorts that is).
Attached Image (click to enlarge)
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  • #1,573
  • Aug 22, 2010 11:24pm Aug 22, 2010 11:24pm
My week has started very well for me.

First trade and I got my daily goal.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: 23-08-2010_dance_1.gif Size: 77 KB
"Being picky only cost your time - not MONEY"...Hans
  • #1,574
  • Aug 23, 2010 12:10am Aug 23, 2010 12:10am
Quoting nando_rich
My week has started very well for me.

First trade and I got my daily goal.

Regards
Missed it...
Good job!
  • #1,575
  • Aug 23, 2010 12:59am Aug 23, 2010 12:59am
Quoting nando_rich
My week has started very well for me.

First trade and I got my daily goal.

Regards
morning,
i did the same trade (35SMA,50ema) for +29 pips.

my morning startet not so well, cause i took the bad constrainment on the 10ema early. (-15.1 pips)

later i did the 10ema FT with +40 pips.

so i am finished for the day.

what i do now is watching the rest of the day and LEARNING the movements for the next day.
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #1,576
  • Aug 23, 2010 1:10am Aug 23, 2010 1:10am
Quoting birdland

what i do now is watching the rest of the day and LEARNING the movements for the next day.
Excellent idea birdland. That's how you also train your patience (i.e. seeing the trade but not taking it since you achieved your daily goal).
  • #1,577
  • Aug 23, 2010 6:27am Aug 23, 2010 6:27am
possible short:

exactly now is on M15 a 10ema FT
AND on H1 a confluence touch on 35SMA
AND (of course) a M5 10ema touch
AND near to RN

due to my daily target i ONLY watch;-)
trading is like dancing, don't think and just listen to the music!
  • #1,578
  • Aug 23, 2010 6:52am Aug 23, 2010 6:52am
Quoting birdland
possible short:

exactly now is on M15 a 10ema FT
AND on H1 a confluence touch on 35SMA
AND (of course) a M5 10ema touch
AND near to RN

due to my daily target i ONLY watch;-)
this would have been a clear loss sorry
trading is like dancing, don't think and just listen to the music!
  • #1,579
  • Aug 23, 2010 10:44pm Aug 23, 2010 10:44pm
Hi:

My first easy trade today.

Regards...
Attached Image (click to enlarge)
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"Being picky only cost your time - not MONEY"...Hans
  • #1,580
  • Aug 24, 2010 12:15am Aug 24, 2010 12:15am
Daily goal reached today too...I love the dance...

+54% in august no bad
Attached Image (click to enlarge)
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"Being picky only cost your time - not MONEY"...Hans
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