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CHOROS System

  • #2,101
  • Oct 18, 2010 12:08am Oct 18, 2010 12:08am
Quoting occamsrazors
Nice trade Kostas. I see your stop was perfectly placed to the pip! Nearly got hit but didn't.
Don't pay too much attention to these marks since I am using the Visual order editor to follow my trades. The one registered on the chart is the last TP,SL but sometimes these are not the original (meaning that I have used the order editor to move them around).
  • #2,102
  • Oct 18, 2010 12:12am Oct 18, 2010 12:12am
Quoting nando_rich
Hey guys ...

For...
Good idea to move in demo if you are not sure. Also good idea to have risk down to 1%. I would ask you to identify your charts with the "endroute scalp" title so that people using just the main rules are not confused. If you and/or others get somewhere with this we may in the future include it here as part of our repertoire.
  • #2,103
  • Oct 18, 2010 12:14am Oct 18, 2010 12:14am
Quoting kostas1
In general, I would be on the short side today for GU, but there is this gap on the H4 bodies up there. These gaps tend to be filled within a day or two so be on alert for sudden upwards thrusts.
Hi kostas1,

Now I find that you use a number of rules that are not presented in the Dance manual to enhance your performance.

cheers,

kk007
  • #2,104
  • Oct 18, 2010 12:18am Oct 18, 2010 12:18am
Quoting kostas1
Don't pay too much attention to these marks since I am using the Visual order editor to follow my trades. The one registered on the chart is the last TP,SL but sometimes these are not the original (meaning that I have used the order editor to move them around).
Yes good point. Should have realised that. Thanks
  • #2,105
  • Oct 18, 2010 12:20am Oct 18, 2010 12:20am
Quoting kostas1
Don't pay too much attention to these marks since I am using the Visual order editor to follow my trades. The one registered on the chart is the last TP,SL but sometimes these are not the original (meaning that I have used the order editor to move them around).
It's hard to waiting the dance, sometime i miss the trade, sometime i afraid to trade, in the next trade i broke the rules and loss...
  • #2,106
  • Oct 18, 2010 12:36am Oct 18, 2010 12:36am
Quoting kostas1
I would ask you to identify your charts with the "endroute scalp" title so that people using just the main rules are not confused.
Ok...Done.

Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #2,107
  • Oct 18, 2010 12:38am Oct 18, 2010 12:38am
Morining guys
I see you've all been very busy. I've been on holiday for a couple of weeks and didn't look at a chart the whole time.
Nando regarding your trade using Endroutes scalping technique, is the trade entered on the close of the bar that retraced and bounced ?

Cheers
Simmo
  • #2,108
  • Oct 18, 2010 12:53am Oct 18, 2010 12:53am
Quoting kk007
Hi kostas1,

Now I find that you use a number of rules that are not presented in the Dance manual to enhance your performance.

cheers,

kk007
kk007,
These are not rules. No matter what trading method you are using, you should always know what is going on on the higher TFs. That way you can have more confidence when taking your trades.
  • #2,109
  • Oct 18, 2010 1:00am Oct 18, 2010 1:00am
Quoting kostas1
kk007,
These are not rules. No matter what trading method you are using, you should always know what is going on on the higher TFs. That way you can have more confidence when taking your trades.
Thanks kostas1,

If not "rules", I call it "considerations". Anyway, it seems that more efforts have to be made in addition to familiaring the Dance manual.

cheers,
  • #2,110
  • Oct 18, 2010 1:07am Oct 18, 2010 1:07am
Trade two by endroute rules.

50ema + resistance bounce off...

Easy 15pips.

The thing began good for me, with the endroute rules.

Done today.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: 18-10-2010_endroute_2_5-10-bounce_50ema.gif Size: 70 KB
"Being picky only cost your time - not MONEY"...Hans
  • #2,111
  • Oct 18, 2010 1:10am Oct 18, 2010 1:10am
Quoting simmo24
Morining guys
I see you've all been very busy. I've been on holiday for a couple of weeks and didn't look at a chart the whole time.
Nando regarding your trade using Endroutes scalping technique, is the trade entered on the close of the bar that retraced and bounced ?

Cheers
Simmo
yes i entered on close of the bar...I won't take touch trades for now.

Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #2,112
  • Oct 18, 2010 1:13am Oct 18, 2010 1:13am
Quoting nando_rich
yes i entered on close of the bar...I won't take touch trades for now.

Regards.
I took this one which more by luck than judgement seems to be doing well at the moment
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-18_091008.png Size: 22 KB
  • #2,113
  • Oct 18, 2010 1:20am Oct 18, 2010 1:20am
Closed trade

Sorry, should have shown this as Endroute Scalp.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-18_091803.png Size: 22 KB
  • #2,114
  • Oct 18, 2010 1:27am Oct 18, 2010 1:27am
Quoting simmo24
I took this one which more by luck than judgement seems to be doing well at the moment

Good trade...I think that it was by the endroute rules...Inclusive it was a confluence pivot M1 + 18sma...

Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #2,115
  • Oct 18, 2010 1:28am Oct 18, 2010 1:28am
cant you guys focusing and stay with the original system?
its totally confusing and i would recommend to open an extra new thread for this enroute sclaping or whatever it is

as clay said: know what u want and what product and time u are serving. otherwise the clients will stop using your product or services.

if we start to mix up apples with plums then we are not serious traders.
trading is like dancing, don't think and just listen to the music!
  • #2,116
  • Oct 18, 2010 1:29am Oct 18, 2010 1:29am
Quoting nando_rich
Good trade...I think that it was by the endroute rules...Inclusive it was a confluence pivot M1 + 18sma...

Regards.
nando what endroute rules are you people talking about. Can you please direct me to the post/ thread where these rules are found?
Making money is easy- Just dont take losing trades
  • #2,117
  • Oct 18, 2010 1:32am Oct 18, 2010 1:32am
Quoting birdland
cant you guys focusing and stay with the original system?
its totally confusing and i would recommend to open an extra new thread for this enroute sclaping or whatever it is

as clay said: know what u want and what product and time u are serving. otherwise the clients will stop using your product or services.
Agree, it feels kind a strange, that people start "jumping" from one system and rules to another in this thread. Please, create another for any other rules or systems.
  • #2,118
  • Oct 18, 2010 1:50am Oct 18, 2010 1:50am
A couple of people have asked for this indi, it will accurately show the higher timeframe MA on the shorter term charts, great for higher tf touch trades.
Attached File(s)
File Type: mq4 All MTF MA.mq4   17 KB | 815 downloads
  • #2,119
  • Oct 18, 2010 2:07am Oct 18, 2010 2:07am
There is no reason to get confused here. Endroute was kind enough to give us some fresh perspective on the MA bounces (he described it in post #2053, 2061).
Since the CHOROS thread can benefit from fresh ideas, we can keep this method in this thread but identify it as such (i.e. Endroute scalp). So if some of you can test it and get some interesting results, we could later adopt it.
But for now, as I said earlier focus on the original rules until you are proficient. When you feel that you have it under control in the M15 or higher TFs, you could consider the M5 bounces. These require faster reflexes and if you are new to this trading, you could start seeing signals everywhere.
  • #2,120
  • Edited 2:58am Oct 18, 2010 2:40am | Edited 2:58am
Quoting endroute
A couple of people have asked for this indi, it will accurately show the higher timeframe MA on the shorter term charts, great for higher tf touch trades.
Is not the same for example to use the 108sma (108/6 = 18sma in 30min) in 5m chart? I see both MA's (18MTF and 108sma) accurate.

Regards.
"Being picky only cost your time - not MONEY"...Hans
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