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CHOROS Interactive

  • #141
  • Jul 13, 2011 11:05am Jul 13, 2011 11:05am
Quoting Haydel
I'm with this trade still open with 22 pips profit already. But if you are interested there is a possible touch to Short on M15 10 EMA near RN.
Thanks Haydel. Try to post possible constrainments when you see them, we don't have many constrainment experts available. Still waiting for Survivor in this thread....
  • #142
  • Jul 13, 2011 11:20am Jul 13, 2011 11:20am
Quoting kostas1
This may be an opportunity an M15 35/50 bounce if it gets all the way down there. H1 10 is close to that area as well.
Great call Kostas1,

I entered a little late, due to crappy phone, but after in profit, I set the stop, but never expected it retrace so much. got only a pathetic 3.4 pips out of it. Should have taken profit earlier.

I definitely would've reentered on the way back down, but since I use a phone, the connection is crap and I could not access my PC, and missed the ride.

It is a blessing for those who live in asian/euro time zone. Here at US, london session is 3am, and US session you got to work. So you missed all the big actions.

Ksotas1, you should start a signal service, we would love to get your call with chunk of the profit in return.
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  • #143
  • Jul 13, 2011 2:07pm Jul 13, 2011 2:07pm
Quoting neomn
Great call Kostas1,
Ksotas1, you should start a signal service, we would love to get your call with chunk of the profit in return.
I had 3 offers in my PM to create such a service with payment. I am just not interested. The profit I get from my own trading is more than enough and I don't have to be responsible for other's accounts.
This thread serves me very well to have somebody to talk to who is interested in the same way I trade. Also take advantage of the power of the many good brains we have around here. Nobody can see all signals whereas I can get opinions and see details I might have missed. So all in all, I hope we get good profitability here and have some fun while doing it.....
  • #144
  • Jul 13, 2011 2:13pm Jul 13, 2011 2:13pm
Quoting kostas1
I had 3 offers in my PM to create such a service with payment. I am just not interested. The profit I get from my own trading is more than enough and I don't have to be responsible for other's accounts.
This thread serves me very well to have somebody to talk to who is interested in the same way I trade. Also take advantage of the power of the many good brains we have around here. Nobody can see all signals whereas I can get opinions and see details I might have missed. So all in all, I hope we get good profitability here and have some fun while...
Amen to that... I can read a professional trader in this post above...

Great job keeping this thread Kostas... it will surely help you in your trading as you receive part of what you give...
Flp. 4:13
  • #145
  • Jul 13, 2011 3:15pm Jul 13, 2011 3:15pm
Quoting kostas1
I had 3 offers in my PM to create such a service with payment. I am just not interested. The profit I get from my own trading is more than enough and I don't have to be responsible for other's accounts.
This thread serves me very well to have somebody to talk to who is interested in the same way I trade. Also take advantage of the power of the many good brains we have around here. Nobody can see all signals whereas I can get opinions and see details I might have missed. So all in all, I hope we get good profitability here and have some fun while...
to trade the way you do requires confidence and experience or one can easily let a winner turn to a loser. give the same signal to 100 ppl , you will get 100 diferent results.
so a signal service is useless without some short of further guidance.
(i think)

as for the thread, i like it a lot. heh, i guess you can tell by the rate i post (although i think i get carried away often).
someone complained thats its boring to trade the dance and it is, if you dont do some other type of work to keep you near the screen anyways its rather hard to stare at the bars all the time (so if you guys dont have a main screen-related job, get one ).
the main Choros thread although great and all is a bit slow moving, but the interactive thread is a bit faster and keeps the interest up.

in simple words, the thread was a good idea
  • #146
  • Jul 13, 2011 4:30pm Jul 13, 2011 4:30pm
Quoting Haydel
USDJPY H1 Constrainment.

H1 Constrained by 10EMA
H4 Price Below all MAs, Trend going down.
D1 Price Below all MAS, Trend going down.

Wishing that survivor is here to confirm.
Quoting Haydel
I'm about to enter short at H1 COB. Any comment?
Got 50 pips with that constrainment trade !!!
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  • #147
  • Jul 13, 2011 9:55pm Jul 13, 2011 9:55pm
Since this is a thread for trades before it happen. I will be trading gold and silver with the dance.(Though I am trading them with another strategy) Bernanke has hinted at QE3, the last time he did that good things happen to traders in the metal markets.
Riding the order flow
  • #148
  • Jul 13, 2011 10:06pm Jul 13, 2011 10:06pm
I have my eyes for a EURUSD LONG at RN 1.4200 based on M15 35/50 bounce where we also can have bounce on H1 10EMA.

It will depend on how fast the price gets there from the current price (Current time 23:03 EDT, Current Price 1.4230). If the price falls those 30 pips reasonably fast, I will go LONG at 1.4200 targeting 20 pips.
  • #149
  • Jul 13, 2011 10:25pm Jul 13, 2011 10:25pm
If we get a candle to close above 1.08 on AUDUSD, our next stop will be 1.09
  • #150
  • Jul 14, 2011 12:13am Jul 14, 2011 12:13am
for G/U confluence of m15 50EMA and daily R1 might be interesting for a bounce. but I think the price will go back to daily open before london.
  • #151
  • Jul 14, 2011 12:14am Jul 14, 2011 12:14am
Except for GBPJPY, the markets: EURUSD, EURJPY and GBPUSD have 35/50 MA's that are very very wide which is an indication that market is consolidating(from the original dance thread). Therefore I will step aside and just watch.

I think the dance pros would be waiting for contrainments or ping pongs now.
Riding the order flow
  • #152
  • Edited 1:02am Jul 14, 2011 12:51am | Edited 1:02am
Quoting Binyamin
Except for GBPJPY, the markets: EURUSD, EURJPY and GBPUSD have 35/50 MA's that are very very wide which is an indication that market is consolidating(from the original dance thread). Therefore I will step aside and just watch.

I think the dance pros would be waiting for contrainments or ping pongs now.
You are right. Sometimes though even with diverging 35/50 the price will find support right around or just below 50.
Look at EU: the H1 10 is close to 1.4200 and M15 50, so if you see M15 rejection bars they may worth 20-30 pips upwards. But it's safer to wait for London open. If this scenario happens the piercing H1 10 bar will appear with a long bottom wick.
Further down in EU, I can see good alignment in H1 happening between 35/50/62 (EDIT: And H4 10), but with this strong upwards movement, I am not sure if it will make it down there.
  • #153
  • Jul 14, 2011 1:06am Jul 14, 2011 1:06am
This is my take.
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  • #154
  • Jul 14, 2011 1:06am Jul 14, 2011 1:06am
Quoting Binyamin
Except for GBPJPY, the markets: EURUSD, EURJPY and GBPUSD have 35/50 MA's that are very very wide which is an indication that market is consolidating(from the original dance thread). Therefore I will step aside and just watch.

I think the dance pros would be waiting for contrainments or ping pongs now.
GBPUSD H1 35/50 not wide at all
  • #155
  • Jul 14, 2011 1:29am Jul 14, 2011 1:29am
Quoting kostas1
Look at EU: the H1 10 is close to 1.4200 and M15 50, so if you see M15 rejection bars they may worth 20-30 pips upwards. But it's safer to wait for London open. If this scenario happens the piercing H1 10 bar will appear with a long bottom wick.
What you are describing is quite similar to the fat trade you took yesterday on the GBPUSD. Thanks!

Quoting kk007
GBPUSD H1 35/50 not wide at all
Lets see if it will get there in less than 4 bars.
Riding the order flow
  • #156
  • Jul 14, 2011 1:53am Jul 14, 2011 1:53am
Possible up and coming 10 EMA trades for EURJPY and GBPJPY...... and also XAGUSD.....
Riding the order flow
  • #157
  • Jul 14, 2011 1:58am Jul 14, 2011 1:58am
Quoting Binyamin
Possible up and coming 10 EMA trades for EURJPY and GBPJPY...... and also XAGUSD.....
Such a long pin for EJ M15!!!
  • #158
  • Jul 14, 2011 2:02am Jul 14, 2011 2:02am
Quoting kk007
Such a long pin for EJ M15!!!
Something "fishy" is going on with J pairs today. I would stay away:
http://www.forexfactory.com/news.php?do=news&id=304050
  • #159
  • Jul 14, 2011 2:03am Jul 14, 2011 2:03am
GJ went pass the pin I am waiting for a pull back...... EJ broke the 2 bar rule.
I just entered GJ
Riding the order flow
  • #160
  • Jul 14, 2011 2:05am Jul 14, 2011 2:05am
Quoting kostas1
Something "fishy" is going on with J pairs today. I would stay away:
http://www.forexfactory.com/news.php?do=news&id=304050
Cheers, good call!!!!
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