Dislikednice, sniping, I got too scared because of the diverging MAs not to mention the wide difference between them.Ignored
CHOROS System 16,511 replies
Money management for CHOROS and other strategies 2 replies
I want to pay off my mortgage asap with Choros 181 replies
3-9% a day with CHOROS? 63 replies
Interactive Brokers and Metatrader 0 replies
Dislikednice, sniping, I got too scared because of the diverging MAs not to mention the wide difference between them.Ignored
DislikedThe H1 trendline has been broken. Please correct me if I'm wrong.
The uptrend starting from 12.07.2011.Ignored
DislikedI am itching to enter a GU 10EMA touch right now!
Update: The price closed dead end COB at 10 EMA, short alreadyIgnored
DislikedI've moved my SL from -10 pip to -5 pips. I think this will be good for 15 pips, because the price seem to respect a bunch of wicks at that area.
Update: SL for -5 pips is hit.Ignored
DislikedGuys keep in mind that it is Friday and the market is a bit hard to predict!Ignored
DislikedAlert GBPUSD ready to LONG.
If H1 closes above 62SMA in 2 mintues, could be a nice LONG for at least 10 pipsIgnored
DislikedThat was fast! I got my 10 pips with double lots on this trade.
K_Minos, yes! As you may have noticed EO style and CHOROS have a lot in common. The roots of profitable consistent trading are in these methods, they are a very strong combination in the path to understand the market.
[color=black][font=Verdana]As you can see now, price bounced on the area of interest highlighted yesterday here http://www.forexfactory.com/showthre...70#post4779870,...Ignored
DislikedThis trade may work, but there are two things that I donīt like
- 35/50 are not parallel.
- H1 is being constrained by 10EMA and 35SMA. I prefer the trades where H1 is constrained only by 10EMA showing a stronger trend.
But as I said, the trade may work so I will SHORT with very small lot and I'm going to sleep.
In this case the Stop would be 10 to 15 pips above RN...Ignored
There are only 4 outcomes to any trade.
1. Small Win
2. Big Win
3. Small Loss
4. Big Loss
Remove the Big losses from your trading and you will do well on this business.
DislikedWhat went wrong?
Lack of discipline, anxiety, greed.
I knew this was not a perfect setup, I said what was wrong, and even then I made the trade.
I need to follow the rules. For these H1 Constrainment trades, 35/50 has to be parallel, and the 10EMA has to be clearly separated from the 35.
The good thing
I traded with very small lot, risking only 0.5% of my account.
As Sam Seiden said:[indent]There are only 4 outcomes to any trade.
1. Small Win
2. Big Win
3. Small Loss
4. Big Loss
Remove the Big losses from your trading and you will do well...Ignored