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CHOROS System

  • #8,521
  • Nov 28, 2012 5:28am Nov 28, 2012 5:28am
Quoting Eur Usd
I try to avoid so many indicators. I don't look at pivots, bollinger bands etc. I trade only according to dance rules, 15m chart with 1h chart as a confirmation, and so far the only thing that failed while trading the system is myself
Try to use pivot points. They provide extremely accurate areas of interest when used with dance rules. They will help you indicate places for SL and TP. Good luck to you trading carreer
You are allowed to fall but you are imposed to get up!
  • #8,522
  • Nov 28, 2012 5:31am Nov 28, 2012 5:31am
Quoting Eur Usd
never seen triple top on 35 sma
looks like good entry point
and it went down to 1.29 quite fast, unfortunately I got out in half of the movement
Attached Image
On my way to financial independence - if others can do it - I can do it
  • #8,523
  • Nov 28, 2012 6:57am Nov 28, 2012 6:57am
enough for me for today. bit weird day to trade, bit calm, got more than I wanted today, so can't complain
6 trades, 1 lost 5 won, best trade got me 4% (33 pips), 6,4% profit with 53 pips in total.
maybe will drop in later to see if still worth to trade
On my way to financial independence - if others can do it - I can do it
  • #8,524
  • Nov 28, 2012 11:36am Nov 28, 2012 11:36am
ok, ended up the day with 10,7% profit and 87pips. not bad. I feel like my discipline is better now I avoid silly mistakes, and if it wasn't that day when greed kicked in I would get about 80% off the system this month. But to get back to point of start I still need to do about 40% profit.

Regarding to profits. There was a point on silver today when I almost shorted. It is shown on the picture below. There was constrain (circeled), then I was hesitating and waiting for confirmation by touching 200ema, but it didn;t so I went away, If I did it I would have over 100% profit today. Bad experiences with silver scared me ;-) maybe it's better, because silver always clears my account
On my way to financial independence - if others can do it - I can do it
  • #8,525
  • Nov 28, 2012 11:39am Nov 28, 2012 11:39am
and the 15m chart
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 100 KB
On my way to financial independence - if others can do it - I can do it
  • #8,526
  • Nov 28, 2012 12:40pm Nov 28, 2012 12:40pm
Great work Eur Usd! +66 for me today in two trades, nice first day back on internet.

GBPUSD first chart, and then EURUSD second chart.
Attached Images
  • #8,527
  • Nov 28, 2012 4:29pm Nov 28, 2012 4:29pm
Quoting Eur Usd
ok, ended up the day with 10,7% profit and 87pips. not bad. I feel like my discipline is better now I avoid silly mistakes, and if it wasn't that day when greed kicked in I would get about 80% off the system this month. But to get back to point of start I still need to do about 40% profit.
Greatness is born out of humility.
Nice work EUR USD, you are an inspiration to us all.
  • #8,528
  • Nov 28, 2012 4:33pm Nov 28, 2012 4:33pm
Quoting bscholes
Greatness is born out of humility.
Nice work EUR USD, you are an inspiration to us all.
thanks mate ;-)
So far so good. What I am afraid of is a day with 3 looses - how will I behave. Will I move out for a day or will greed kick in? I need to test myself it these situations as well ;-)
On my way to financial independence - if others can do it - I can do it
  • #8,529
  • Nov 29, 2012 4:11am Nov 29, 2012 4:11am
trading on 15m chart suxxxx today, so I had to switch on 5m chart and trade on 10 ema touch
On my way to financial independence - if others can do it - I can do it
  • #8,530
  • Nov 29, 2012 4:33am Nov 29, 2012 4:33am
Hi kostas1,

Have you taken some M5.12 trade for EU today?

cheers,
  • #8,531
  • Nov 29, 2012 5:11am Nov 29, 2012 5:11am
Quoting kk007
Hi kostas1,

Have you taken some M5.12 trade for EU today?

cheers,
No, looking at GU if it breaks consolidation
  • #8,532
  • Nov 29, 2012 5:15am Nov 29, 2012 5:15am
Quoting kostas1
No, looking at GU if it breaks consolidation
Thanks!
But don't you kept away from GU for Calendar News: BOE Gov King Speaks @ 10:30 GMT
or you just ignore King?
  • #8,533
  • Nov 29, 2012 7:21am Nov 29, 2012 7:21am
Quoting kk007
Thanks!
But don't you kept away from GU for Calendar News: BOE Gov King Speaks @ 10:30 GMT
or you just ignore King?
Got my 16p from GU before the 13:30 news. Can you guess my M5 entry?
  • #8,534
  • Nov 29, 2012 7:49am Nov 29, 2012 7:49am
Quoting kostas1
Got my 16p from GU before the 13:30 news. Can you guess my M5 entry?
13:10?
  • #8,535
  • Nov 29, 2012 8:31am Nov 29, 2012 8:31am
Hello dancers!

Today I took a scoop up eu trade - I think it is a subcategory of scoop up.
Many times I have seen Kostas to take similar trades (not AA trades) when ma's are
almost flat and there are higher lows , double m5 bottom (the second is a pinbar) ,
price cross the m5 & m15 ma's & also M.P. attract the price.
Attached Image
  • #8,536
  • Nov 29, 2012 8:33am Nov 29, 2012 8:33am
Quoting kk007
13:10?
12:40, but your call also good.
  • #8,537
  • Nov 29, 2012 8:42am Nov 29, 2012 8:42am
Quoting kostas1
12:40, but your call also good.
What makes you enter @ 12:40?
I will miss the trade and wait for the whole day... How can I make pip every day like you??
  • #8,538
  • Nov 29, 2012 8:44am Nov 29, 2012 8:44am
Quoting kk007
What makes you enter @ 12:40?
I will miss the trade and wait for the whole day... How can I make pip every day like you??
It was the first retrace to the M5 trend that started developing at that time. So when it bounced up from M5 12/23 it was a signal to enter.
  • #8,539
  • Nov 29, 2012 8:45am Nov 29, 2012 8:45am
Quoting makonen
Hello dancers!

Today I took a scoop up eu trade - I think it is a subcategory of scoop up.
Many times I have seen Kostas to take similar trades (not AA trades) when ma's are
almost flat and there are higher lows , double m5 bottom (the second is a pinbar) ,
price cross the m5 & m15 ma's & also M.P. attract the price.
I love these! I was focused on GU today, so I missed this baby. Good job
  • #8,540
  • Nov 29, 2012 11:33am Nov 29, 2012 11:33am
Kostas,
Potential dance 10 EMA touch on EJ? (Fist post on this thread so please excuse my inexperience)
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