CHOROS Interactive | Page 17 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CHOROS System 16,719 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

Attachments: CHOROS Interactive
Exit Attachments

CHOROS Interactive

  • #321
  • Jul 18, 2011 4:25am Jul 18, 2011 4:25am
Quoting kk007
Thanks messiahua,

Which MA did you trade with for this one?
M15 35, RN, PPA (look left). It was a "bounce trade", you can see rejection at M5. I entered on the pin. Actually I thought my SL will be hit (H1 was saying long). The best exit was right at 1.4030 (also PPA), could have easily taken 20 pips

Also I'm not very good at trading dance/choros in spite of 1 year experience already, so I don't think I'm a good teacher...
  • #322
  • Jul 18, 2011 4:38am Jul 18, 2011 4:38am
Scalping opportunity for EU:
It looks like M15 is trying to scoop-up. I am waiting for one more M5 swing down and if I see a long formation I will go in with target the WP area (at which point I should start considering shorts).
  • #323
  • Jul 18, 2011 4:55am Jul 18, 2011 4:55am
Quoting kostas1
Scalping opportunity for EU:
It looks like M15 is trying to scoop-up. I am waiting for one more M5 swing down and if I see a long formation I will go in with target the WP area (at which point I should start considering shorts).
The scoop from EJ could also be taken but I took the one for EU just because I could see what it does at the RN. To this point it rejected the RN therefore I entered.
Riding the order flow
  • #324
  • Jul 18, 2011 4:56am Jul 18, 2011 4:56am
Quoting Binyamin
The scoop from EJ could also be taken but I took the one for EU just because I could see what it does at the RN. To this point it rejected the RN therefore I entered.
I bought @ 1.40505
This time price did not hit my SL immediately. (Extremely surprised)
  • #325
  • Jul 18, 2011 5:03am Jul 18, 2011 5:03am
Quoting kk007
....
This time price did not hit my SL immediately. (Extremely surprised)
Since you are in this trade too if if I get stop out I know why. I know whos to blame. lol
Riding the order flow
  • #326
  • Jul 18, 2011 5:09am Jul 18, 2011 5:09am
Quoting Binyamin
Since you are in this trade too if if I get stop out I know why. I know whos to blame. lol
I stopped out for -8pip....,, as usual (maintaining my 90% failure rate)
  • #327
  • Jul 18, 2011 5:14am Jul 18, 2011 5:14am
Quoting kk007
I stopped out for -8pip....,, as usual (maintaining my 90% failure rate)
I am not stopped out yet, it is a good trade to take, just one that didn't work out that's all.

You might want to install an antispyware I think the bank traders have implanted a spyware into your PC...
Riding the order flow
  • #328
  • Jul 18, 2011 5:22am Jul 18, 2011 5:22am
I smell a porcupine in GJ!
Riding the order flow
  • #329
  • Jul 18, 2011 5:25am Jul 18, 2011 5:25am
Quoting Binyamin
I am not stopped out yet, it is a good trade to take, just one that didn't work out that's all.

You might want to install an antispyware I think the bank traders have implanted a spyware into your PC...
Mine is a demo account... .... bank traders are so noisy???
  • #330
  • Jul 18, 2011 5:30am Jul 18, 2011 5:30am
EU M15 Pinbar, scoop up now???
  • #331
  • Jul 18, 2011 5:39am Jul 18, 2011 5:39am
Quoting kostas1
GU:
Possible sweet long at the 1.6030 area due to confluence of: Monthly Pivot, Weekly Pivot, Daily S2, H4 35/50/62, Daily 10.
Since it is higher TF I would wait for clear M15 rejection of that area (assuming it makes it down there...).
Looks like we are heading to 1.6030. I am trying to find a good 10 pips scalping opportunity to enter on the way down. If I will not find any then I will enter long near the 1.6030 area.
  • #332
  • Jul 18, 2011 6:46am Jul 18, 2011 6:46am
what do you guys think of the next possible touch of H1 10 for EU?
the other MAs are parallel but 35 is on the wrong side of the bunch
  • #333
  • Jul 18, 2011 6:47am Jul 18, 2011 6:47am
Quoting kostas1
Scalping opportunity for EU:
It looks like M15 is trying to scoop-up. I am waiting for one more M5 swing down and if I see a long formation I will go in with target the WP area (at which point I should start considering shorts).
Long at 1.4046 at close of 11:40 GMT M5 bar.
  • #334
  • Jul 18, 2011 7:07am Jul 18, 2011 7:07am
Quoting kostas1
Long at 1.4046 at close of 11:40 GMT M5 bar.
Hello Kostas1,

EU looks begin constrained by H1 10 to SHORT
H4 bellow 10/35/50; down trend
D1 bellow 10/35/50; down trend

EDIT: Kostas1, what is the price for your WP?
  • #335
  • Jul 18, 2011 7:15am Jul 18, 2011 7:15am
Quoting Haydel
Hello Kostas1,

EU looks begin constrained by H1 10 to SHORT
H4 bellow 10/35/50; down trend
D1 bellow 10/35/50; down trend

EDIT: Kostas1, what is the price for your WP?
WP at 1.4090 but I got out at 1.4062 when price bounced from M15 50.
  • #336
  • Jul 18, 2011 7:20am Jul 18, 2011 7:20am
Quoting kostas1
WP at 1.4090 but I got out at 1.4062 when price bounced from M15 50.
Seem a lot of real-time discretions involve in your trading success!!!
  • #337
  • Jul 18, 2011 7:22am Jul 18, 2011 7:22am
Quoting kk007
Seem a lot of real-time discretions involve in your trading success!!!
Every strong MA is a potential start or end for a trade. When you see hesitation, +16p is half the day's worth of pips so always take that.
  • #338
  • Jul 18, 2011 7:23am Jul 18, 2011 7:23am
Quoting kostas1
Every strong MA is a potential start or end for a trade. When you see hesitation, +16p is half the day's worth of pips so always take that.
Hesitation?? In terms of a few seconds or a few minutes, in this case?? Love to learn!
  • #339
  • Jul 18, 2011 7:26am Jul 18, 2011 7:26am
Quoting kk007
Hesitation?? In terms of a few seconds or a few minutes, in this case?? Love to learn!
Look at M5 11:55 GMT. It bounced exactly on the pip from M15 50. Time to get out.....
EDIT: I am using M1 but don't if you are still new in this. It can be confusing.
  • #340
  • Jul 18, 2011 7:28am Jul 18, 2011 7:28am
Quoting kostas1
WP at 1.4090 but I got out at 1.4062 when price bounced from M15 50.
Nice, you got +15p

I just SHORTED at 1.4060 at H1 COB along with M15 50 touch and the posible H1 10 constrainment.
2 traders viewing now