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CHOROS System

  • #8,541
  • Nov 29, 2012 2:54pm Nov 29, 2012 2:54pm
Quoting kostas1
I love these! I was focused on GU today, so I missed this baby. Good job
thank you Kosta!
  • #8,542
  • Nov 29, 2012 3:01pm Nov 29, 2012 3:01pm
I am proud of myself today. I didn't earn much (just a bit over 1%), but the greed didn't kick in, and after few loses I just got out from trading (i.s.o. taking revenge on market). which was right ;-)
On my way to financial independence - if others can do it - I can do it
  • #8,543
  • Nov 29, 2012 8:11pm Nov 29, 2012 8:11pm
Can anyone see any legit M15 Dance setup yesterday in any forex major? Seem none to me another day.
  • #8,544
  • Nov 30, 2012 12:38am Nov 30, 2012 12:38am
Quoting kk007
Can anyone see any legit M15 Dance setup yesterday in any forex major? Seem none to me another day.
GU M15, 2 bounces from 35/50, 15:15, 16:45 GMT.
  • #8,545
  • Nov 30, 2012 12:49am Nov 30, 2012 12:49am
Quoting kostas1
GU M15, 2 bounces from 35/50, 15:15, 16:45 GMT.
Thanks for replying. How would you have entered it?
Would you have entered it at the touch of the 35/50 of the 15:15 and 16:45 bar?
Or would you still have to waited for further confirmation at around 15:15 and 16:45?
15:00-15:10 was a calendar news move, and 16:40 looks like was a breaking news move.
  • #8,546
  • Nov 30, 2012 1:01am Nov 30, 2012 1:01am
I took +36 of EURUSD and +15 off GBPUSD yesterday, both good Dance trades to my eyes.
  • #8,547
  • Nov 30, 2012 1:09am Nov 30, 2012 1:09am
Quoting arha
I took +36 of EURUSD and +15 off GBPUSD yesterday, both good Dance trades to my eyes.
Can you tell which setup?
  • #8,548
  • Nov 30, 2012 1:12am Nov 30, 2012 1:12am
Quoting kk007
Can you tell which setup?
Here's the two trades, EU first, GU second. I'll post the entire setup that made me enter in the next post so you can see what I saw when I entered.
Attached Images
  • #8,549
  • Nov 30, 2012 1:15am Nov 30, 2012 1:15am
Quoting kk007
Thanks for replying. How would you have entered it?
Would you have entered it at the touch of the 35/50 of the 15:15 and 16:45 bar?
Or would you still have to waited for further confirmation at around 15:15 and 16:45?
15:00-15:10 was a calendar news move, and 16:40 looks like was a breaking news move.
Look at the M5 vs. 200 MA
  • #8,550
  • Nov 30, 2012 1:16am Nov 30, 2012 1:16am
As a point of interest, I take these screenshots of every single trade I make so I can go back later and analyse what is working well and what is not. I use Evernote to take them and then tag them with 'win', 'loss', 'buy', 'sell', etc, dozens of tags so I can keep track and learn faster. It was invaluable for me in the past and it's still a really handy habit.
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  • #8,551
  • Nov 30, 2012 1:20am Nov 30, 2012 1:20am
Quoting arha
Here's the two trades, EU first, GU second. I'll post the entire setup that made me enter in the next post so you can see what I saw when I entered.
Thanks for sharing
  • #8,552
  • Nov 30, 2012 5:30am Nov 30, 2012 5:30am
Hi

I am a bit confused, does it still look like a good situation for going long?
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On my way to financial independence - if others can do it - I can do it
  • #8,553
  • Nov 30, 2012 5:35am Nov 30, 2012 5:35am
Quoting Eur Usd
Hi

I am a bit confused, does it still look like a good situation for going long?
I went long at the first hit of 1.30 today, but got closed at BE a couple of hours ago. I'm happy with that and wouldn't enter again. I think it will be bull certainly in the near future, hence my entry, whether there's a retrace first or not. Hopefully you should be fine.

Only other trade for me today was +10 on AUDUSD after the H1 35/50 rejection.
  • #8,554
  • Nov 30, 2012 5:36am Nov 30, 2012 5:36am
say it again mate ;-)
On my way to financial independence - if others can do it - I can do it
  • #8,555
  • Nov 30, 2012 5:39am Nov 30, 2012 5:39am
Quoting Eur Usd
say it again mate ;-)
Haha was editing my post as you spoke
  • #8,556
  • Dec 1, 2012 7:07am Dec 1, 2012 7:07am
Quoting Eur Usd
Hi

I am a bit confused, does it still look like a good situation for going long?
Well, we had a chance here scalp several pips because there was not even DOUBLE but TRIPLE bottom but it was just "noise" because we had a H4 pin bar with a long wick which was a rejection from W1 62, R1 meaning that new trend is developing slowly but strongly and look what happened next.
  • #8,557
  • Dec 2, 2012 8:45pm Dec 2, 2012 8:45pm
Hello guys, long time no see. I have been learning a lot lately, but I'm still loving CHOROS Setups because this thing really works.

Watching EURUSD today. Going LONG around Daily R1 seems the natural thing to do if price gets around there.

That could happen in confluence with M15 10EMA or latter with H1 10EMA, in any case I think a nice LONG will give some pips.

Happy trading,
__________
Haydel
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  • #8,558
  • Dec 3, 2012 12:43am Dec 3, 2012 12:43am
Quoting Haydel
Hello guys, long time no see. I have been learning a lot lately, but I'm still loving CHOROS Setups because this thing really works.

Watching EURUSD today. Going LONG around Daily R1 seems the natural thing to do if price gets around there.

That could happen in confluence with M15 10EMA or latter with H1 10EMA, in any case I think a nice LONG will give some pips.

Happy trading,
__________
Haydel
Hey buddy,
Nice to see you in here!
How is your trading going, any luck with the Haydel Tools?
  • #8,559
  • Dec 3, 2012 6:29am Dec 3, 2012 6:29am
Ok going through the thread and reading the manual i am confused about the template and indicators for M15.

Could anyone post a updated template and any indicators.
  • #8,560
  • Dec 3, 2012 6:46am Dec 3, 2012 6:46am
Quoting Acroix70
Ok going through the thread and reading the manual i am confused about the template and indicators for M15.

Could anyone post a updated template and any indicators.
on 15m chart: 50 ema, 35 sma, 10 ema, and they work pretty well on 1h chart as well
10 ema works fine on 5m as well, but I don't use it that often
On my way to financial independence - if others can do it - I can do it
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