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CHOROS System

  • #7,661
  • Jul 10, 2012 9:28am Jul 10, 2012 9:28am
For choros, no trades today even when I look back. Anyone caught any fish? Mind to share?
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  • #7,662
  • Jul 10, 2012 9:34am Jul 10, 2012 9:34am
Well, for today, I only would have taken GU M15 - 10 EMA trade, which was at 12:15 (GMT+3).
  • #7,663
  • Jul 10, 2012 9:42am Jul 10, 2012 9:42am
Quoting 2121
Well, for today, I only would have taken GU M15 - 10 EMA trade, which was at 12:15 (GMT+3).
Yeah that seems to be the only setup that didn't have any HTF MA in the way like the other pairs. I hesitated to take it despite M5 giving the signal because it haven't quite touch 10 and yesterdays high was in the way. Though I must say it looks better than the same signal at the other pairs.
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  • #7,664
  • Jul 10, 2012 11:18am Jul 10, 2012 11:18am
I thought GU M15 - 10 EMA at 18:45 (GMT+3) will turn out well but hesitated because of the H1 pin-bar, London have closed recently and there was a RN underneath.
  • #7,665
  • Jul 11, 2012 3:39am Jul 11, 2012 3:39am
Hello dancers!

I stopped trading last 3 weeks because of some problems
with my shop. Now seems better and I will try to start again. Crisis in Greek is geting deeper...
Anyway this is an h4/10 - h1/35 - daily pivot - eu trade I just took.
I was afraid and close at +5 , it could give 10-12 pips...
Choros is working!
Attached Images
  • #7,666
  • Jul 11, 2012 3:57am Jul 11, 2012 3:57am
Quoting makonen
Hello dancers!

I stopped trading last 3 weeks because of some problems
with my shop. Now seems better and I will try to start again. Crisis in Greek is geting deeper...
Anyway this is an h4/10 - h1/35 - daily pivot - eu trade I just took.
I was afraid and close at +5 , it could give 10-12 pips...
Choros is working!
hello makonen, I was watching this trade, but do not enter the trade because I needed more confirmation
  • #7,667
  • Jul 11, 2012 6:26am Jul 11, 2012 6:26am
gbpusd trade D1 35/10, R2, Weekly Pivot

Hit SL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada gbpusd 11.07.2012.gif Size: 290 KB
Click to Enlarge Name: entrada gbpusd 11.07.2012 hit sl.gif Size: 270 KB
  • #7,668
  • Jul 11, 2012 7:00am Jul 11, 2012 7:00am
Good day everyone, is it just me but from the beginning of summer it is getting harder to predict what market will do next. A word from Kostas would be nice.
  • #7,669
  • Jul 11, 2012 1:26pm Jul 11, 2012 1:26pm
Most times news respect Choros/Dance.

My TP was at 1.22 but as I was trailling my SL I got stopped at 1.2220. I wouldn't recomend this trading style to anyone

Attached Image (click to enlarge)
Click to Enlarge Name: choros.JPG Size: 110 KB


I wish you all good luck...
You are allowed to fall but you are imposed to get up!
  • #7,670
  • Jul 11, 2012 2:32pm Jul 11, 2012 2:32pm
I only managed to spot one after the fact trade that I would have taken. It had M5 confirmation/trigger too. I didn't take it, I was sleeping.
Attached Image (click to enlarge)
Click to Enlarge Name: 7169447 Interbank FX Trader 4 - Demo Account - [AUDJPY,M15]_2012-07-12_03-30-16.jpg Size: 145 KB
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  • #7,671
  • Jul 11, 2012 3:24pm Jul 11, 2012 3:24pm
Quoting 2121
A word from Kostas would be nice.
Hi.
  • #7,672
  • Jul 11, 2012 4:21pm Jul 11, 2012 4:21pm
Quoting kostas1
Hi.
Well, that is encouraging.
  • #7,673
  • Jul 11, 2012 5:03pm Jul 11, 2012 5:03pm
Quoting 2121
Well, that is encouraging.
Glad you got my humor.

Market is indeed funny but signals are still there. I found mostly GU plays the last few days (short TF), mostly because I was afraid of EU due to important news.
From my little experience summer becomes boring and dangerous after August 10th and up to end of August (I assume a lot of traders take vacation there....)
  • #7,674
  • Edited 4:26am Jul 12, 2012 4:11am | Edited 4:26am
GBPUSD, 15M 10= -10 pips
GBPUSD,15M 10= +0.5 pips
AUDJPY, 15M 10= +10.5 pips

All with M5 confirmation

GBPUSD was like a woman that tried to entice me with believable temptations, but no matter how much I caress her and beg for her at the end of the day she still won't give up that ass and left me a poorer man. Also sounds a bit like Obama. 3 Trades and I am done for the day.

PS: This is just an analogy I don't do that in real life.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AJ.jpg Size: 85 KB
Click to Enlarge Name: GBPUSD.jpg Size: 90 KB
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  • #7,675
  • Jul 12, 2012 5:20am Jul 12, 2012 5:20am
Quoting 2121
Good day everyone, is it just me but from the beginning of summer it is getting harder to predict what market will do next. A word from Kostas would be nice.
Looks like my prayers have been heard. Great day for CHOROS !
  • #7,676
  • Jul 12, 2012 7:57am Jul 12, 2012 7:57am
eurusd trade

15m 10ema, 5m and 1m price acction ,ms3

SL 12

TP 13 in the support of the last candles
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada eurusd 12.07.2012.gif Size: 325 KB
Click to Enlarge Name: entrada salida1 eurusd 12.07.2012.gif Size: 303 KB
  • #7,677
  • Jul 12, 2012 9:14am Jul 12, 2012 9:14am
Quoting foxterbotell
eurusd trade

15m 10ema, 5m and 1m price acction ,ms3

SL 12

TP 13 in the support of the last candles
  • #7,678
  • Jul 13, 2012 9:10am Jul 13, 2012 9:10am
hello dancers,,

This post is addressed to you and kostas1 in the images I explain what happened, some recommendations to get more clarity about what happened.
to do in these cases if it happens again

have a happy weekend
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd and gbpusd 13.07.2012.gif Size: 303 KB
  • #7,679
  • Jul 13, 2012 9:25am Jul 13, 2012 9:25am
Quoting foxterbotell
hello dancers,,

This post is addressed to you and kostas1 in the images I explain what happened, some recommendations to get more clarity about what happened.
to do in these cases if it happens again

have a happy weekend
Easy answer my friend. Look at the 35/50. They are flat indicating indecision. The first 10 EMA touch was the good trade for several pips. For the second touch you got a green pinbar at the DS1 and then a strong green bar. You do NOT short a second 10EMA touch that looks so strong.
I personally took the long trade you indicated on the GU chart.
  • #7,680
  • Jul 16, 2012 5:21am Jul 16, 2012 5:21am
Hehe I feel so lucky. If I was 20 seconds too late it would have stop me out. Price didn't quite touch GU 15M 10 though.

Only took out 4 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 137 KB
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