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CHOROS Interactive

  • #21
  • Jul 11, 2011 1:32am Jul 11, 2011 1:32am
Quoting kostas1
EU may go for 2bar retrace on m15 10. Concerned about the gap but I may try a scalp if it completes the retrace in 2 bars.
I was able to get +10p after I saw the M5 rejection at 1.4157. The M15 10 did not touch in real time so it may come back....
  • #22
  • Jul 11, 2011 1:35am Jul 11, 2011 1:35am
Hi Kosta

Congrats for your new thread.!! Excellent idea.
  • #23
  • Jul 11, 2011 1:41am Jul 11, 2011 1:41am
Quoting kostas1
I was able to get +10p after I saw the M5 rejection at 1.4157. The M15 10 did not touch in real time so it may come back....
  • #24
  • Jul 11, 2011 2:18am Jul 11, 2011 2:18am
GU 2 bar retrace to the M15 10. now
careful cause it has rejected W1 twice
  • #25
  • Jul 11, 2011 2:24am Jul 11, 2011 2:24am
Quoting asos101
GU 2 bar retrace to the M15 10. now
careful cause it has rejected W1 twice
don't want to trade against double bottom personally (4th touch perhaps)
  • #26
  • Jul 11, 2011 2:35am Jul 11, 2011 2:35am
Quoting kk007
don't want to trade against double bottom personally (4th touch perhaps)
Agree. A lot of MAs from different TFs start to confluence around the RN 1.6000
  • #27
  • Jul 11, 2011 3:03am Jul 11, 2011 3:03am
Quoting kostas1
Agree. A lot of MAs from different TFs start to confluence around the RN 1.6000
This may also evolve in 2bar retrace of H1 10 confluenced with M15 35/50/200, usually this gives a strong reaction.
  • #28
  • Jul 11, 2011 3:07am Jul 11, 2011 3:07am
Quoting kk007
EURJPY H1.E10 constrainment:
Got +28.5pip

(R:R was 1:1, my initial SL was -28.5pip, smaller position, shorted @ 114.500)
I`m reading one of the manuals in pdf right now. The stop loss for this strategy is not 9 pips ..?
Maybe I`m reading the old manual ?
  • #29
  • Jul 11, 2011 3:20am Jul 11, 2011 3:20am
Quoting Micheel
I`m reading one of the manuals in pdf right now. The stop loss for this strategy is not 9 pips ..?
Maybe I`m reading the old manual ?
As I said in the first post, if you haven't read the CHOROS thread, you shouldn't post here. Next post like this will get you banned from this thread....
  • #30
  • Jul 11, 2011 3:26am Jul 11, 2011 3:26am
Hi guys,

Nice idea Kostas about the interactive thread.

I think that at the moment we should start thinking of a scooped up formation at M15 G/U.

What do you think?
You are allowed to fall but you are imposed to get up!
  • #31
  • Jul 11, 2011 3:29am Jul 11, 2011 3:29am
Quoting iero4
Hi guys,

Nice idea Kostas about the interactive thread.

I think that at the moment we should start thinking of a scooped up formation at M15 G/U.

What do you think?
Didn't want to mention those yet, but on a second thought, why not? Most of you know what a "scooped-up" is. I agree with your observation.
  • #32
  • Jul 11, 2011 3:30am Jul 11, 2011 3:30am
Quoting Micheel
I`m reading one of the manuals in pdf right now. The stop loss for this strategy is not 9 pips ..?
Maybe I`m reading the old manual ?
Didn't completely follow the manual
  • #33
  • Edited 4:16am Jul 11, 2011 4:02am | Edited 4:16am
@kostas
edit: i changed the swearing smilie cause it was taking ages to load.

actualy the trade was bad, the only good thing is it stayed away from my 12pip SL. the other good thing is i had many chances to BE if i wanted.
when i entered it was barely touching the M15 10, and as you both said it was like the 4th touch, but beeing all south today i saw this more as a constrainment trade to the M15 10.
having previously reacted to the WS1 twice it was stupid to enter so close to it.
so in the end it was just luck i came out with any profit.
now it will probably plunder to abyss but i got to get out.
Attached Image (click to enlarge)
Click to Enlarge Name: GU-11_07_11.jpg Size: 245 KB
  • #34
  • Jul 11, 2011 4:18am Jul 11, 2011 4:18am
Quoting asos101
@kostas
edit: i changed the swearing smilie cause it was taking ages to load.

actualy the trade was bad, the only good thing is it stayed away from my 12pip SL. the other good thing is i had many chances to BE if i wanted.
when i entered it was barely touching the M15 10, and as you both said it was like the 4th touch, but beeing all south today i saw this more as a constrainment trade to the M15 10.
having previously reacted to the WS1 twice it was stupid to enter so close to it.
so in the end it was just luck i came out with any profit.
now...
Profit is profit!
  • #35
  • Edited 5:05am Jul 11, 2011 4:59am | Edited 5:05am
congratulations for the new thread kostas, I hope this will be useful for everyone who follows your successful journey, including me...

I would like to post my quick +15 pips G/U trade...

I considered m5 MA's constraining the price and when it rejected by 10MA in m15 entered with PA in m1.

I reached my +30 pips goal for today and wish good luck to all...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 76 KB
  • #36
  • Edited 5:34am Jul 11, 2011 5:23am | Edited 5:34am
H1 10 touch building up coinciding with previous resistance area.
still too close to the new lows for a short but may be good for 10-15 pips.
or it will scoop up (maybe after the reaction) as 35/50 are diverging

edit: too many of you pulled the trigger too early and i missed the train
Attached Image (click to enlarge)
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  • #37
  • Jul 11, 2011 8:50am Jul 11, 2011 8:50am
I am watching EU H1 10 for the rest of the day. The Italian debt spreads issue kicked Euro's butt today, but now it is bouncing from the RN 1.4000. It should give us some interesting reaction at H1 10.
  • #38
  • Jul 11, 2011 8:58am Jul 11, 2011 8:58am
Quoting kostas1
I am watching EU H1 10 for the rest of the day. The Italian debt spreads issue kicked Euro's butt today, but now it is bouncing from the RN 1.4000. It should give us some interesting reaction at H1 10.
Do you think it will bounce down if it hits it?
  • #39
  • Jul 11, 2011 9:08am Jul 11, 2011 9:08am
Quoting cmeade2
Do you think it will bounce down if it hits it?
That's the plan, unless we see very strong bars north. Obviously, I am waiting for a convincing bounce signal in M5 before going in.
  • #40
  • Jul 11, 2011 9:10am Jul 11, 2011 9:10am
Quoting kostas1
That's the plan, unless we see very strong bars north. Obviously, I am waiting for a convincing bounce signal in M5 before going in.
What do you think about the current negotiation with 10 EMA on the M15, together with 200 on the M1 and the 50 ema on the M5
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