another trade m5/12 for 9pips, entry was before 7 bars .
have a nice week dancers!
have a nice week dancers!
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- #8,222
- Edited 1:11am Nov 6, 2012 12:59am | Edited 1:11am
I see a lot of trades on here recently that I would call risky. Here's my risk-free trade from yesterday on EURJPY. H1 and M15 MAs showing perfect confluence, an easy +42 pips in 45 minutes. Didn't even wait around to see it close, set a TP and went to the beach.
Contrast the 35/50 MAs in my picture with the post directly above mine.
edit: And by the way, every now and then I see people posting in this thread asking if this system is actually really working for anyone. Well I have been traveling for the past 7 months non-stop purely on the income from this system. I've been to Singapore, Thailand, Cambodia, Vietnam, China, South Korea, Nepal, and now I'm in India. Next stop is Iran, then Turkey, then Greece. If that's not evidence enough then I can't convince you any further. Feel free to direct any doubters to this post.
I strictly adhere to the original rules. Even more strictly. I only trade when the H1 35/50 is in confluence with the M15 35/50.
Contrast the 35/50 MAs in my picture with the post directly above mine.
edit: And by the way, every now and then I see people posting in this thread asking if this system is actually really working for anyone. Well I have been traveling for the past 7 months non-stop purely on the income from this system. I've been to Singapore, Thailand, Cambodia, Vietnam, China, South Korea, Nepal, and now I'm in India. Next stop is Iran, then Turkey, then Greece. If that's not evidence enough then I can't convince you any further. Feel free to direct any doubters to this post.
I strictly adhere to the original rules. Even more strictly. I only trade when the H1 35/50 is in confluence with the M15 35/50.
- #8,223
- Nov 6, 2012 1:53am Nov 6, 2012 1:53am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
edit: And by the way, every now and then I see people posting in this thread asking if this system is actually really working for anyone. Well I have been traveling for the past 7 months non-stop purely on the income from this system. I've been to Singapore, Thailand, Cambodia, Vietnam, China, South Korea, Nepal, and now I'm in India. Next stop is Iran, then Turkey, then Greece. If that's not evidence enough then I can't convince you any further. Feel free to direct any doubters to this post.
Makes me very happy to see success. It is to be expected from your disciplined approach.
To reply to your PM, I am also still using CHOROS for my trading, but at lower TF than you (M5 and more rarely the M15).
You earned a well-worth vouch, feel free to keep contributing to the thread.
- #8,225
- Nov 6, 2012 2:13am Nov 6, 2012 2:13am
- | Joined Jun 2012 | Status: trade forex like a sniper | 2,419 Posts
Thanks Kosta.
I would also like to say that this has been my only trading system. It attracted me right off the bat, and I guess I really lucked out the first time!
do you live of the system? how long did it take you to adapt to it? mow much do you earn a month in %?
On my way to financial independence - if others can do it - I can do it
[quote=arha;6165764]I see a lot of trades on here recently that I would call risky. Here's my risk-free trade from yesterday on EURJPY. H1 and M15
Thank you arha for your comments, yes many times I take risky trades because of my impatient! I have to fight it....:nerd:
Congratulations for your trade and also for your way of life.
It is like a dream for me... (I have a family.)
Anyway if you pass from Thessaloniki city also I can show you the city!
Today I took the H1/35 touch after m15 pin-confirm.
Thank you arha for your comments, yes many times I take risky trades because of my impatient! I have to fight it....:nerd:
Congratulations for your trade and also for your way of life.
It is like a dream for me... (I have a family.)
Anyway if you pass from Thessaloniki city also I can show you the city
!Today I took the H1/35 touch after m15 pin-confirm.
^^ keep up the good work, makonen
For some more concrete numbers, I am up +152.12 pips this month of November, with a loss of -10.1 pips.
Please read my old posts for my interpretation of Choros. I am very strict. I do not trade constrainments, I only follow the 35/50 MAs.
do you live of the system? how long did it take you to adapt to it? mow much do you earn a month in %?
Please read my old posts for my interpretation of Choros. I am very strict. I do not trade constrainments, I only follow the 35/50 MAs.
Arha, I'm amazed by your success and it's really great to see another confirmation, which inspires to continue on one's personal journey, thanks for sharing this.
May I ask one question, how much time did it take you to become successful? I guess around 2-3 years?
I started with this system in October 2010, practiced through weeks of historical data ever day, and went live in January 2011. I lost 1/3 of my account before becoming consistently profitable.
Arha,
Congratulations on your success. However, when you write you trade ONLY confluence of M15 35/50 and H1 35/50 do you actually mean confluence or just showing the same direction? As far as Im concerned there is no confluence in neither of those trades. You also say you only follow 35/50. However, both of the trades shown are m15 10ema trades.
Could you please explain, coz it seems confusing.
All the best,
JK
Confluence to me means that the 35 and 50 and coming together to a point, and turning up or down in a direction.
I only trade when both the H1 35/50 and M15 35/50 match up.
The M15 10ema can jump off cliff, I don't care about it.
edit: Dictionary definition - "Confluence: An act or process of merging." Right i was.
It depends how you look at it, coz they were far from merged when you took the trade. And they are always merging at some point on the left on the chart 
Anyway, I am trying to do the same thing as you do. Guys trading in this thread use a lot of stuff that wasn't in the original manual. I am strictly following the basic rules trading mostly m15 10ema (preferably with confluence woth S/R - at the moment it happens ) 1st and sometimes 2nd touch and PA near S/R. I will take reference of other TF, but will mostly stick to trading on m15.
Am I right you do not take notice of pivot points? That's my only addition to the original manual, as the price really does interact with them.
Anyway, I am trying to do the same thing as you do. Guys trading in this thread use a lot of stuff that wasn't in the original manual. I am strictly following the basic rules trading mostly m15 10ema (preferably with confluence woth S/R - at the moment it happens ) 1st and sometimes 2nd touch and PA near S/R. I will take reference of other TF, but will mostly stick to trading on m15.Am I right you do not take notice of pivot points? That's my only addition to the original manual, as the price really does interact with them.
It depends how you look at it, coz they were far from merged when you took the trade. And they are always merging at some point on the left on the chart
Ok cool! Nice adaptation.
So the shape of the 35/50s is your trigger?
In technical terms, it's allowing the market to have a period of consolidation (H1 35/50 is flattening and finally converging), followed by the start of a trend (M15 35/50). It's so simple and it works for me every time. I think Clay would be happy.