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CHOROS Interactive

  • #1,601
  • Sep 29, 2011 1:49am Sep 29, 2011 1:49am
eu, 1.3585 area h1/10 & 35 m15/50 possible for long.....
  • #1,602
  • Sep 29, 2011 1:51am Sep 29, 2011 1:51am
Quoting makonen
eu, 1.3585 area h1/10 & 35 m15/50 possible for long.....
this confluence with DPP.
  • #1,603
  • Sep 29, 2011 1:52am Sep 29, 2011 1:52am
nice pinbar and evening star formation on H1 GU, closing in 10mins.
careful with your longs.
  • #1,604
  • Sep 29, 2011 1:54am Sep 29, 2011 1:54am
Quoting asos101
nice pinbar and evening star formation on H1 GU, closing in 10mins.
careful with your longs.
Choros setup?

EDIT: I see, a precaution, I think...
  • #1,605
  • Sep 29, 2011 2:03am Sep 29, 2011 2:03am
Quoting kk007
Choros setup?

EDIT: I see, a precaution, I think...
of course NOT.
i just thought i post a warning for anyone that might have not seen it, because ppl would like to try the bounce off what you called earlier.
it may work for a bit and provide a decent bounce, just be careful of the bigger picture.

as a side note, Pins, Engulfing, evening/morning stars are rather powerfull.
they are not pure Dance/Choros but a part of price action nevertheless.
  • #1,606
  • Sep 29, 2011 2:17am Sep 29, 2011 2:17am
The second last M15 bar of GU reached dead-end @ H1.S35... Was it a good setup?

Any experienced Choros dancer can answer this?
  • #1,607
  • Sep 29, 2011 2:52am Sep 29, 2011 2:52am
Quoting asos101
of course NOT.
i just thought i post a warning for anyone that might have not seen it, because ppl would like to try the bounce off what you called earlier.
it may work for a bit and provide a decent bounce, just be careful of the bigger picture.

as a side note, Pins, Engulfing, evening/morning stars are rather powerfull.
they are not pure Dance/Choros but a part of price action nevertheless.
Cheers I use conflicting PA that way too.
Riding the order flow
  • #1,608
  • Sep 29, 2011 3:02am Sep 29, 2011 3:02am
Quoting kk007
The second last M15 bar of GU reached dead-end @ H1.S35... Was it a good setup?

Any experienced Choros dancer can answer this?
35/50 MA in GU H1 looks pretty flat and wide to me, it certainly won't qualify as a touch trade at all by the rules.
Riding the order flow
  • #1,609
  • Sep 29, 2011 3:09am Sep 29, 2011 3:09am
Quoting Binyamin
35/50 MA in GU H1 looks pretty flat and wide to me, it certainly won't qualify as a touch trade at all by the rules.
Thanks for comments!
  • #1,610
  • Edited 4:29am Sep 29, 2011 3:10am | Edited 4:29am
Quoting kk007


EDIT: Just missed the GU M15.E10 bounce trade.. was worried about the H1 pinbar. Better safe than sorry.
Looks to me that anyone who took it with a 10-12p SL would have been pretty lucky to take some off at 1:1 before being stopped out.

I'll try to go long G/U M15 E10 touch if it ever comes back -- 5650 looks nice off that previous M15 high.

edit: too many bars in the retrace. orders were pulled when it didn't touch after the second bar closed.
Hindsight is 20/20
  • #1,611
  • Edited 3:22am Sep 29, 2011 3:11am | Edited 3:22am
Quoting kk007
Thanks for comments!
Do you qualify GU M15 e10 bounce as a touch trade?
  • #1,612
  • Sep 29, 2011 3:43am Sep 29, 2011 3:43am
Is this a possible touch trade setting up on fiber and cable?
Vandag is die dag.....
  • #1,613
  • Sep 29, 2011 3:53am Sep 29, 2011 3:53am
Quoting mik76
Do you qualify GU M15 e10 bounce as a touch trade?
If that is a general question not related to any current market conditions your post should be in the choros system thread.
Riding the order flow
  • #1,614
  • Sep 29, 2011 3:58am Sep 29, 2011 3:58am
Quoting Binyamin
If that is a general question not related to any current market conditions your post should be in the choros system thread.
The question is related to the last GU bounce beetwen 8:45 and 9:15.
  • #1,615
  • Edited 4:36am Sep 29, 2011 4:18am | Edited 4:36am
Quoting Leokira
Is this a possible touch trade setting up on fiber and cable?
M15.E10 fiber confluence with Day R1, and it works out very well.

I took EJ M15.E10 (confluence with Day R1 too), almost SL, finally manage to get +5pip.

There is no confluence with that of cable. And it looks like trading against a perfect H1 pinbar.
  • #1,616
  • Sep 29, 2011 4:31am Sep 29, 2011 4:31am
Quoting mik76
The question is related to the last GU bounce beetwen 8:45 and 9:15.
Not touch trade (because not enter at touch of line) and Not bounce trade (because no reaction is needed to confirm entry), enter at the time of bar close. It is a kind of PA confirmation. Check Dance manual for information.
  • #1,617
  • Sep 29, 2011 4:48am Sep 29, 2011 4:48am
Quoting kk007
Not touch trade (because not enter at touch of line) and Not bounce trade (because no reaction is needed to confirm entry), enter at the time of bar close. It is a kind of PA confirmation. Check Dance manual for information.
Thanks.

Watching fiber and cable for a possible touch trade M15 s35 or e50. Possible confluence on cable with RN and DR1.
  • #1,618
  • Sep 29, 2011 5:55am Sep 29, 2011 5:55am
GU M15 e62/e50/s35 touch trade confluence with DR1, H1 e10, H4 e62.
I'm in @ 1.5645 SL 1.563.
  • #1,619
  • Sep 29, 2011 6:33am Sep 29, 2011 6:33am
Quoting mik76
Thanks.

Watching fiber and cable for a possible touch trade M15 s35 or e50. Possible confluence on cable with RN and DR1.
+5 pip for fiber
+11 pip for cable
  • #1,620
  • Sep 29, 2011 6:57am Sep 29, 2011 6:57am
Quoting Binyamin
Cheers I use conflicting PA that way too.
it did fail horribly eventually, but i wouldnt want to be in its way.
looking at it better now the price seem to have reacted off H1 10. but all the H4 MAs were in wrong order so a (choros) trade off H4 10 wouldnt have been valid at the time.

why it went the way it did? most possible scenario is because of the London open, they pushed, ppl bought it and it kept going for quite a while.
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