CHOROS Interactive | Page 61 | 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

  • #1,201
  • Sep 12, 2011 5:57am Sep 12, 2011 5:57am
doesn't look like we are going to hit it by the close of the H4 bar
  • #1,202
  • Sep 12, 2011 6:07am Sep 12, 2011 6:07am
Quoting georgecv87
same here
guess its gona free fall
  • #1,203
  • Sep 12, 2011 6:08am Sep 12, 2011 6:08am
Quoting georgecv87
guess its gona free fall

m15 10 approcahing RN careful...it cud bounce off and hit the h4 10 and then fall ...lets wait and watch
  • #1,204
  • Sep 12, 2011 6:10am Sep 12, 2011 6:10am
Quoting georgecv87
guess its gona free fall
It could, but most probable is a long bounce from M15 10 to touch the 1.3700, H4/10, H1 35 and then start moving south again.

EDIT: Clever boy, you just posted above what I just said here....
  • #1,205
  • Sep 12, 2011 6:15am Sep 12, 2011 6:15am
I am short from 1.3660...
You are allowed to fall but you are imposed to get up!
  • #1,206
  • Sep 12, 2011 6:17am Sep 12, 2011 6:17am
Quoting iero4
I am short from 1.3660...
Usually H4 bounces give a fake move in M5 first, then retest the area and if they react again is usually the correct move.
I said USUALLY, sometimes it just crashes down.....
  • #1,207
  • Sep 12, 2011 6:25am Sep 12, 2011 6:25am
Quoting kostas1
Usually H4 bounces give a fake move in M5 first, then retest the area and if they react again is usually the correct move.
I said USUALLY, sometimes it just crashes down.....
Thanx for the advice Kostas

I used the 1M to enter when I saw a lower high forming...I took +16 from this and I am off for today since my daily target has been achieved
You are allowed to fall but you are imposed to get up!
  • #1,208
  • Sep 12, 2011 6:26am Sep 12, 2011 6:26am
Quoting kostas1
Usually H4 bounces give a fake move in M5 first, then retest the area and if they react again is usually the correct move.
I said USUALLY, sometimes it just crashes down.....
waiting to short from m5 10...will fine tune from m1..lets c
  • #1,209
  • Sep 12, 2011 6:31am Sep 12, 2011 6:31am
Quoting iero4
Thanx for the advice Kostas

I used the 1M to enter when I saw a lower high forming...I took +16 from this and I am off for today since my daily target has been achieved
Good call then.
  • #1,210
  • Sep 12, 2011 6:56am Sep 12, 2011 6:56am
Quoting kostas1
...which will be a 2bar retrace to the H4/10 so I expect a good bounce. I recommend watching at least the M5 for good signs of reaction there.
I went short at 1.3663 and closed at 1.3631 for +32p . This time EU did not left me waiting. That was 6.3% account growth in my live account in this one and only trade today. I don’t want to ruin that so I´m done for the day.

Thanks Kostas and all for this great collaborating thread.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M5 2011-09-12.png Size: 26 KB
  • #1,211
  • Sep 12, 2011 7:01am Sep 12, 2011 7:01am
Is this H1 a valid enough signal to resume downtrend?
Attached Image (click to enlarge)
Click to Enlarge Name: EU_h1touch.jpg Size: 137 KB
Flp. 4:13
  • #1,212
  • Sep 12, 2011 7:03am Sep 12, 2011 7:03am
The H! 35 and 50 are quite spread and diverging, so probably not.
Quoting Anthar
Is this H1 a valid enough signal to resume downtrend?
  • #1,213
  • Sep 12, 2011 7:06am Sep 12, 2011 7:06am
Quoting cmeade2
The H! 35 and 50 are quite spread and diverging, so probably not.
Wait to check the 1.3700 & H4 10 first...
  • #1,214
  • Sep 12, 2011 7:17am Sep 12, 2011 7:17am
Long at the M15 10 and RN?
  • #1,215
  • Sep 12, 2011 7:32am Sep 12, 2011 7:32am
Quoting cmeade2
Long at the M15 10 and RN?
H4 10 bounce down is stronger than M15 10 up, so I think entering long there is very risky. But I'm no expert.
  • #1,216
  • Sep 12, 2011 7:53am Sep 12, 2011 7:53am
Possible reaction on previous support and then maybe look for a close of bar below m15 10ema for new shorts

EDIT: Did have a reaction visible on m5, worth 10 pips, reasumed downtrend
Attached Image (click to enlarge)
Click to Enlarge Name: EU_35support.jpg Size: 137 KB
Flp. 4:13
  • #1,217
  • Sep 12, 2011 8:00am Sep 12, 2011 8:00am
now is a good time to look for a M15 10 touch for a short.
it may gives us a chance to enter at a good place.
edit: AFTER the M15 10 clears the 35 at the south side.
  • #1,218
  • Edited 8:16am Sep 12, 2011 8:01am | Edited 8:16am
EURUSD
I think that will not try this because I’m already done for the day, but what you guys think about this?
M15 closed below 35, can we expect a retrace to 35 and SHORT there?

EDIT: I guess not... asos101 call to short at M15 10 looks a lot better.
  • #1,219
  • Sep 12, 2011 8:11am Sep 12, 2011 8:11am
hey guys, i know this is not a Dance trade but i started buying eur/chf in around 1.2040 area. few positions actually, wish i had bigger account to open bigger positions on this particular trades. targetting 1.2120-150. could take few days but seems like free money to me (or am i missing something?) considering that it cannot trade below 1.2000 (have a stop only couple of pips below that, one never know...)
  • #1,220
  • Sep 12, 2011 8:16am Sep 12, 2011 8:16am
Quoting tonny47
hey guys, i know this is not a Dance trade but i started buying eur/chf in around 1.2040 area. few positions actually, wish i had bigger account to open bigger positions on this particular trades. targetting 1.2120-150. could take few days but seems like free money to me (or am i missing something?) considering that it cannot trade below 1.2000 (have a stop only couple of pips below that, one never know...)
heh, you bet?
0 traders viewing now