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CHOROS Interactive

  • #1,441
  • Sep 22, 2011 3:44am Sep 22, 2011 3:44am
Quoting asos101
just a warning for previous low reaction at 1.3493, it should eventualy overshoot but you never know.
i would consider getting in the direction of the trend if we are given a chance at a M15 10 touch any time now.
similar on GU, an M15 10 touch should be good.
tired of the bouncy bounces lower.
EU+22
GU+10 although i could have another +17 if i was faster on the close.
boing to the beach, later
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  • #1,442
  • Sep 22, 2011 3:44am Sep 22, 2011 3:44am
That was a good trade Kosta, congrats!
  • #1,443
  • Sep 22, 2011 3:45am Sep 22, 2011 3:45am
Quoting asos101
boing to the beach, later
  • #1,444
  • Sep 22, 2011 3:46am Sep 22, 2011 3:46am
Quoting kostas1
boing??
boing boing to the beach then
good calls Kosta
  • #1,445
  • Sep 22, 2011 4:01am Sep 22, 2011 4:01am
Quoting kostas1
Another +15p and I am done for today. Much more than 30p....

P.S. I love trendy days
I was tempted to take the M5.E10 of EURUSD, but finally selected the EURJPY (similar M5.E10 similar PA), and have a completely different fate .

No correlation between EURJPY and EURUSD after I am in the position!!!
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  • #1,446
  • Sep 22, 2011 4:12am Sep 22, 2011 4:12am
Quoting Binyamin
That's where I got in, I am still riding the 2nd trade. Considering getting out at the current support

Edit: Tempting to get out now because I would have achieve my daily target...
Out at RN.
Edit: I am trying not to feel bad taking my profit when the market left for more without me.
Riding the order flow
  • #1,447
  • Sep 22, 2011 4:15am Sep 22, 2011 4:15am
Quoting FrankBlack
Looks like 15 min 35 ma and 1 h 10 ma constrains the eur/usd.

Short. Take Profit at 1.3500.
Out with +58. I was short at 1.3559. When I make the first post the price already was 1.3547 (sorry...)

Dont envy me at all. I already managed to loose 45 pips before this trade. So I am just +13 for the day.

Kostas1 you are the GOD of trading.
  • #1,448
  • Sep 22, 2011 4:22am Sep 22, 2011 4:22am
Quoting kk007
I was tempted to take the M5.E10 of EURUSD, but finally selected the EURJPY (similar M5.E10 similar PA), and have a completely different fate .

No correlation between EURJPY and EURUSD after I am in the position!!!
So why didn't you go back in again?
  • #1,449
  • Sep 22, 2011 4:22am Sep 22, 2011 4:22am
Quoting FrankBlack
Out with +58. I was short at 1.3559. When I make the first post the price already was 1.3547 (sorry...)
I was just thinking of you when the price just shot down there. Great work and contribution in the thread.
  • #1,450
  • Sep 22, 2011 4:24am Sep 22, 2011 4:24am
Quoting ohammond
So why didn't you go back in again?
I did (with tight SL) and lost again.
  • #1,451
  • Sep 22, 2011 4:53am Sep 22, 2011 4:53am
Took GU M15 10 / RN and it worked... strange.
  • #1,452
  • Sep 22, 2011 5:07am Sep 22, 2011 5:07am
Quoting messiahua
Took GU M15 10 / RN and it worked... strange.
Yes really strange, it works. Usually, it won't work after I got it. It works if I've not got in.
  • #1,453
  • Sep 22, 2011 6:03am Sep 22, 2011 6:03am
Quoting FrankBlack
Out with +58. I was short at 1.3559. When I make the first post the price already was 1.3547 (sorry...)

Dont envy me at all. I already managed to loose 45 pips before this trade. So I am just +13 for the day.

Kostas1 you are the GOD of trading.
good one m8
  • #1,454
  • Sep 22, 2011 12:10pm Sep 22, 2011 12:10pm
Quoting kk007
Hi Survivor,

Would you mind telling how are you performing recently?
And do you trade you developed method more or choros more?

cheers,
kk007
Thanks for asking mate.

I am doing great, though i must admit that i still need to work on money management and phychology. But i am confident i have a good system now. That helps a lot.

I trade constrainments and my method mostly. But i am still honing my skills with touches with considerable sucess from where i started. lets see how it goes.
Making money is easy- Just dont take losing trades
  • #1,455
  • Sep 22, 2011 2:46pm Sep 22, 2011 2:46pm
Hello

Im trying to follow this Choros system, but got some questions...

By the rules only “Touch” trades are acceptable on H1 and D1 and should also match P/A on M15.
I attached the picture with helps me ask the question.
H1 candle is made from 4x15 min candles.
Let's say h1 candle is moving up and touching ema35. Then you look at 15 min chart to find P/A on candle. Lets say there is a doji bar (price moved up and came back to form doji).
So here is a question about rule: if you see 1H touch and let's say you see doji on 15 min chars, so this means there is a retracement already and you missed the "touch"... Or you enterring the trade when new 15 min candle starts?

Sorry, my english is not perfect.
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  • #1,456
  • Sep 22, 2011 4:55pm Sep 22, 2011 4:55pm
Constrainment on eu 1h 10 .
  • #1,457
  • Sep 22, 2011 5:12pm Sep 22, 2011 5:12pm
Quoting Auriux
Hello

Im trying to follow this Choros system, but got some questions...

By the rules only “Touch” trades are acceptable on H1 and D1 and should also match P/A on M15.
I attached the picture with helps me ask the question.
H1 candle is made from 4x15 min candles.
Let's say h1 candle is moving up and touching ema35. Then you look at 15 min chart to find P/A on candle. Lets say there is a doji bar (price moved up and came back to form doji).
So here is a question about rule: if you see 1H touch and let's say you see doji on 15 min chars, so this...
from your images it looks like you are very early on the original Dance Thread. am i wrong?
read through the whole Dance thread and then start the Choros thread, it may look intimidating at first but the system has evolved a lot since then (most of the info is on the first 300 pages anyway). D1 is not used so much around here lately.

for your question now, nothing is set in stone. price action complements the MA signals. if you go for an H1 signal you better look at the MAs of that time period.
are the MAs on top of each other, and the 35/50 looking good (ie not too far appart)?
is higher TFs (H4) also supporting the action or do they get in the way?

in your example specific, although there seem to be a double bottom in M15 there already, the H1 10 hasnt been tested for some time, so you can possibly expect it will produce a reaction like it does.
the only question is what do you expect from it since it comes in the end of a significant down move. a down continuation, or a quick scalp?

welcome and keep posting.
by the way, i think your post belongs to the standard Choros thread rather than the Interactive one.
here, http://www.forexfactory.com/showthread.php?t=236210
  • #1,458
  • Sep 22, 2011 5:13pm Sep 22, 2011 5:13pm
Quoting Greenhill
Constrainment on eu 1h 10 .
it pierces up so many times... dont think so
trading through that mess is madness anyway
  • #1,459
  • Sep 22, 2011 7:30pm Sep 22, 2011 7:30pm
Quoting FrankBlack

Kostas1 you are the GOD of trading.
Rename the thread - "Trading from Olympus!"
  • #1,460
  • Sep 23, 2011 12:42am Sep 23, 2011 12:42am
Quoting bigtent
Rename the thread - "Trading from Olympus!"
:nerd:
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