CHOROS Interactive | Page 46 | 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

  • #901
  • Aug 25, 2011 4:44am Aug 25, 2011 4:44am
Quoting tonny47
`M5 reaction for short`?

EDIT: Typo on graph, exit was on M15 35 not 50
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.jpg Size: 112 KB
  • #902
  • Aug 25, 2011 5:16am Aug 25, 2011 5:16am
Quoting kostas1

EDIT: Typo on graph, exit was on M15 35 not 50
sorry Kostas, i meant the previous sentence. did you mean you are looking for short opportunities on euro? if so why?

not sure about your previous trade - i wouldnt dare to sell it there as you did
  • #903
  • Aug 25, 2011 5:30am Aug 25, 2011 5:30am
Quoting tonny47
sorry Kostas, i meant the previous sentence. did you mean you are looking for short opportunities on euro? if so why?

not sure about your previous trade - i wouldnt dare to sell it there as you did
Got it. The GU short was not that hard based on yesterday's strong short action. The safest trade would be a bounce from the area we discussed this morning (H4 10, H1 35/50, DP).

EU is trapped between 1.4470 and 1.4400, so when it started going down, it gave me short scalps on M5 5 and 10. I was considering that it will touch 1.4400 of course, but now it has turned north again. In ranges like these, short scalps are the best way in my experience.
  • #904
  • Aug 25, 2011 5:43am Aug 25, 2011 5:43am
Quoting kostas1
Got it. The GU short was not that hard based on yesterday's strong short action. The safest trade would be a bounce from the area we discussed this morning (H4 10, H1 35/50, DP).

EU is trapped between 1.4470 and 1.4400, so when it started going down, it gave me short scalps on M5 5 and 10. I was considering that it will touch 1.4400 of course, but now it has turned north again. In ranges like these, short scalps are the best way in my experience.
i see, thanks for explanation.
GU trade - i am always uncomfortable to short before it touches the round number- so i admire how you have done it
  • #905
  • Aug 25, 2011 9:25am Aug 25, 2011 9:25am
Quoting kostas1
EU is trapped between 1.4470 and 1.4400, so when it started going down, it gave me short scalps on M5 5 and 10. I was considering that it will touch 1.4400 of course, but now it has turned north again. In ranges like these, short scalps are the best way in my experience.
Holy cow, I am always impressed. This time I can clearly see how you make that prediction. Thanks for teaching us!
Riding the order flow
  • #906
  • Aug 26, 2011 1:32am Aug 26, 2011 1:32am
lets see how today goes. euro seemed to bounce off ema10 on daily, rejected at ema35/50 on 4 h, price above all moving averages on hourly.
perhaps good long trade if it comes back to 00, DP, WPP area.
  • #907
  • Aug 26, 2011 1:35am Aug 26, 2011 1:35am
GU seems to be rejected on daily ema35/50 but i think could be good sell at R1 at 16366 looking at 1h ema50

i am always happy to hear your ideas Dancers
  • #908
  • Aug 27, 2011 7:05am Aug 27, 2011 7:05am
You guys are not following the original rules, do you? I'm watching seven pairs and only two of them (EUR/GBP and GBP/USD) have a more or less clear H1 trend.
  • #909
  • Aug 28, 2011 4:28am Aug 28, 2011 4:28am
Hello mates, good to see nice dicussions here in my old home. Thought i would just pich in.

These were actual trades that i took for 100 ticks total profit with zero drawdown (Except spread). Hope it helps someone. If someone has any dowubts please go through my constrainments posts in original thread.
Attached Image (click to enlarge)
Click to Enlarge Name: JU15M.jpg Size: 99 KB
Making money is easy- Just dont take losing trades
  • #910
  • Aug 29, 2011 12:49am Aug 29, 2011 12:49am
good morning everyone,
just a reminder that its UK Bank Holiday today.
EU MAs look unwinded and pointing up already, looking for a retrace to get in at some point.
GU has some resistance still above on H4,
CHF had a 200 pip monster move on friday, came back to almost 50% and now looks it will need to re-test some lower levels before going up again.
if it breaks below M15 50 then its clear till Dp or even lower at Wp with H4 10 and H1 35/50 confluence in that area, we will see.

i would love to hear more views of course.
have a great week everyone
  • #911
  • Aug 29, 2011 2:23am Aug 29, 2011 2:23am
Quoting asos101
good morning everyone,
just a reminder that its UK Bank Holiday today.
EU MAs look unwinded and pointing up already, looking for a retrace to get in at some point.
GU has some resistance still above on H4,
CHF had a 200 pip monster move on friday, came back to almost 50% and now looks it will need to re-test some lower levels before going up again.
if it breaks below M15 50 then its clear till Dp or even lower at Wp with H4 10 and H1 35/50 confluence in that area, we will see.

i would love to hear more views of course.
have a great week everyone...
Got to underscore Asos comment about the holiday. Action can be funny before US. You may see price crawling and suddenly shoot-up/down 50 pips. Careful and take quick profits.
  • #912
  • Aug 29, 2011 4:27am Aug 29, 2011 4:27am
yep, not much so far. maybe US open will get things moving a bit.
  • #913
  • Aug 29, 2011 7:04am Aug 29, 2011 7:04am
I sold the circled area as soon as it retested the 35 on M15 after crossing the MAs.

Anyway the long could take place at 35/50 on H1, which is also an EMA10 on H4.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 135 KB
  • #914
  • Aug 30, 2011 12:35am Aug 30, 2011 12:35am
Quoting Survivor
Hello mates, good to see nice dicussions here in my old home. Thought i would just pich in.

These were actual trades that i took for 100 ticks total profit with zero drawdown (Except spread). Hope it helps someone. If someone has any dowubts please go through my constrainments posts in original thread.

Is anyone trading contrainments here? i will post more charts as i trade them
Making money is easy- Just dont take losing trades
  • #915
  • Aug 30, 2011 12:45am Aug 30, 2011 12:45am
just a reminder for everyone here to use the old thread
http://www.forexfactory.com/showthread.php?t=236210 to post your trades.
in the interactive thread (this thread) you can post trades from signals you have called here earlier (if you take them) so we have a visual how it evolved.
(this goes to Survivor and Whenever here, i love to see your charts so dont take this the wrong way )

as for yesterday, i wasnt in front of the PC enough so i didnt find any decent signals to trade.
for today i hope we get better action.
EU trades now in a 20 pip range that should break real soon.
GU in more of a wedgy type now.
USDCHF constrained by H1 10, the only question is for how much longer.

edit:EU just broke the range, lets see if we get an MA retrace
  • #916
  • Aug 30, 2011 12:47am Aug 30, 2011 12:47am
Quoting Survivor
Is anyone trading contrainments here? i will post more charts as i trade them
everyone would benefit if you call them live here so we see how they develop so plz do so.
  • #917
  • Aug 30, 2011 1:27am Aug 30, 2011 1:27am
got skinned on the fakeout without even a chance to bail.
end of day for me.
  • #918
  • Aug 30, 2011 1:38am Aug 30, 2011 1:38am
Quoting Survivor
Is anyone trading contrainments here? i will post more charts as i trade them
Yes Survivor your post about your past or up and coming trades are welcomed.

Quote
got skinned on the fakeout without even a chance to bail.
end of day for me.
Good discipline.
Riding the order flow
  • #919
  • Aug 30, 2011 1:48am Aug 30, 2011 1:48am
Quoting asos101
got skinned on the fakeout without even a chance to bail.
end of day for me.

me too got stopped there but i was careful enough to contain loss. i am always careful during major market opens. london and ny open is known to fake outs. i am riding them short now based on my another system.lets see
Making money is easy- Just dont take losing trades
  • #920
  • Aug 30, 2011 3:40am Aug 30, 2011 3:40am
Quoting Survivor
me too got stopped there but i was careful enough to contain loss. i am always careful during major market opens. london and ny open is known to fake outs. i am riding them short now based on my another system.lets see
yep, i have said that i will never get suckered in again so many times, but i keep repeating the mistake. especialy with flat MAs..
i got in again and BE for now but my psychology is out the window again .

good to have you back by the way
2 traders viewing now