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CHOROS System

  • #9,861
  • Nov 7, 2013 2:35am Nov 7, 2013 2:35am
Good morning dancers !
Iīm looking for my first entry this week .
But what I see is only a flat market..
Any goodlooking pairs , I donīt see?
Risiko birgt immer auch die Chance.
  • #9,862
  • Nov 7, 2013 3:12am Nov 7, 2013 3:12am
Quoting Sesamstrasse
Good morning dancers ! Iīm looking for my first entry this week . But what I see is only a flat market.. Any goodlooking pairs , I donīt see?
Have you looked at the calendar today ???? Just wait for EUR, GBP, USD news to come out and then see if there are opportunities. Personally, I will wait for US session today, unless something becomes very clear after USD news 1 hr before NY open....
  • #9,863
  • Nov 7, 2013 3:18am Nov 7, 2013 3:18am
Quoting kostas1
{quote} Have you looked at the calendar today ???? Just wait for EUR, GBP, USD news to come out and then see if there are opportunities. Personally, I will wait for US session today, unless something becomes very clear after USD news 1 hr before NY open....
I thought may be some fancy pairs .. Ketchup versus Majonaise , carrots vs. tomatoes or so
Risiko birgt immer auch die Chance.
  • #9,864
  • Nov 7, 2013 4:35am Nov 7, 2013 4:35am
Quoting Sesamstrasse
{quote} I thought may be some fancy pairs .. Ketchup versus Majonaise , carrots vs. tomatoes or so

I see you trade commodities as well ;-)
On my way to financial independence - if others can do it - I can do it
  • #9,865
  • Nov 7, 2013 4:40am Nov 7, 2013 4:40am
Quoting Eur Usd
{quote} I see you trade commodities as well ;-)
I had no time the last weeks to collect pips..
This morning I would take a valid entry in every trending pair , I find....
... but there is no!
Risiko birgt immer auch die Chance.
  • #9,866
  • Nov 7, 2013 8:23am Nov 7, 2013 8:23am
Look at that datafeed! EJ !!
Left side is every second a 20pip spike !!
Is that also in your charts?
Or tries my broker to cheat me after a year good working together ??
Is that a porcupine ??
Risiko birgt immer auch die Chance.
  • #9,867
  • Edited Nov 12, 2013 12:23am Nov 7, 2013 8:26am | Edited Nov 12, 2013 12:23am
Quoting Sesamstrasse
Look at that datafeed! EJ !! Left side is every second a 20pip spike !! Is that also in your charts? Or tries my broker to cheat me after a year good working together ?? Is that a porcupine ??
Hereīs the chart
Risiko birgt immer auch die Chance.
  • #9,868
  • Nov 7, 2013 8:48am Nov 7, 2013 8:48am
Quoting Sesamstrasse
{quote} Hereīs the chart
Broker problem - see my chart for comparison (sorry about the many lines )

Try fading the spikes with sell stops if the spread is not too wide to get back at them.
Attached Image (click to enlarge)
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  • #9,869
  • Nov 7, 2013 9:35am Nov 7, 2013 9:35am
Quoting That guy
{quote} Broker problem - see my chart for comparison (sorry about the many lines ) Try fading the spikes with sell stops if the spread is not too wide to get back at them. {image}
Yes, true , they had a problem ..
They storno my orders . ( 20 pips spread ).
.. And after watching your lines again , need a vacation
Risiko birgt immer auch die Chance.
  • #9,870
  • Nov 7, 2013 10:36am Nov 7, 2013 10:36am
the only trade I took, third bar on 10 ema, looked like price constrainment, it stopped me on s/l and then went the way I predicted
so FAIL
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On my way to financial independence - if others can do it - I can do it
  • #9,871
  • Nov 7, 2013 10:49am Nov 7, 2013 10:49am
Got an easy +33p from the M5 5EMA bounce. As I told you before, at strong moves I will trade the 5 EMA, rather than waiting for the 12/23. The 23 EMA also gave a decent 15p but I didn't take that, since the move upwards was strong.
I had my eyes on the H1 10 but with such long bars, it will probably be a touch trade and will be obvious only after the close of the bar....
Attached Image (click to enlarge)
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  • #9,872
  • Nov 7, 2013 10:53am Nov 7, 2013 10:53am
Quoting Sesamstrasse
{quote} Yes, true , they had a problem .. They storno my orders . ( 20 pips spread ). .. And after watching your lines again , need a vacation

My two brokers ....
AVA FX
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IronFX
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JacekPreserve Precious Capital
  • #9,873
  • Edited 5:23pm Nov 7, 2013 5:10pm | Edited 5:23pm
hei guys i am trying to understand what is two bar rule, i've tried to read two bar rule explanation pdf from "the simple dance" thread, but i still confuse

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entry at OPEN candle entry

or

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or none of them is correct ?

thanks
  • #9,874
  • Nov 7, 2013 10:02pm Nov 7, 2013 10:02pm
Hi edoho,

my understanding then the first one is correct.

Thanks
  • #9,875
  • Nov 8, 2013 12:55am Nov 8, 2013 12:55am
The first chart is correct. The bounce of the 35 , 50 there is the valid signal to enter. The two bar rule confirmed... Go !
As close you open your entry to a line as better it is . I use the stop like a knife .. and cut specially in EU with very small sl s a good profit.
Risiko birgt immer auch die Chance.
  • #9,876
  • Nov 8, 2013 1:35am Nov 8, 2013 1:35am
Quoting Sesamstrasse
The first chart is correct. The bounce of the 35 , 50 there is the valid signal to enter. The two bar rule confirmed... Go ! As close you open your entry to a line as better it is . I use the stop like a knife .. and cut specially in EU with very small sl s a good profit.
Quoting thangdx
Hi edoho, my understanding then the first one is correct. Thanks
thanks, i understand now . hope i can learn more from you guys
  • #9,877
  • Nov 8, 2013 4:31am Nov 8, 2013 4:31am
Good morning dancers !
I took my first trade today in cable.
The signal came from M5 .
A confluence of the 525 and the 12 Ema.
Tight Sl ....and a Tp above the next round number.
EDIT : Got stopped .
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdcm5.png 8.11.2013.png Size: 40 KB
Risiko birgt immer auch die Chance.
  • #9,878
  • Nov 8, 2013 4:42am Nov 8, 2013 4:42am
One more is EU M5 .
Touch at the 35 Sma .
Opened with the two bar rule ..
Quickly to BE . small target ..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdcm5.png 8.11.2013.png Size: 33 KB
Risiko birgt immer auch die Chance.
  • #9,879
  • Nov 8, 2013 4:43am Nov 8, 2013 4:43am
Quoting Sesamstrasse
Good morning dancers ! I took my first trade today in cable. The signal came from M5 . A confluence of the 525 and the 12 Ema. Tight Sl ....and a Tp above the next round number. EDIT : Got stopped . {image}

Good morning Sesamstreet,

Why 525 ema? (maybe it was explained earlier, I must have missed it, sorry).

Danke!
  • #9,880
  • Nov 8, 2013 4:58am Nov 8, 2013 4:58am
Hi everybody,

just shorted Cable after MA10 bounce.

Attached Image (click to enlarge)
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What worries me a bit is the 1 H EMA 62 (orange dotted line). But I just couldn't resist the bearish pin bar rejecting the MA10. Besides, I I think momentum is bearish enough to pull through.
Anyway, criticism is always welcome.

Cheers and good trading
Be water, my friend
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