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CHOROS System

  • #10,841
  • Jun 2, 2014 11:11am Jun 2, 2014 11:11am
Do you have multiple charts for multiple time frame opened for each pair as per the manual? How do you manage to fit them all on screen?
Everything you can imagine, is real - Pablo Picasso
  • #10,842
  • Jun 2, 2014 11:20am Jun 2, 2014 11:20am
Quoting Direwolf
Do you have multiple charts for multiple time frame opened for each pair as per the manual? How do you manage to fit them all on screen?
I watch only the trend of the moment ( M15 ) ,
I tried all timeframes as recommended in the Manual ..
But only m15 was more green than red .. ( all higher timeframes was around 50/50 ).

Iīm using a 27" screen next to my notebook , where I do most of my work .
Have EJ, GCad , GU,EU, UJ and ECad on my screen .. and sometimes I watch to the screen and see a oppurtunity ..
Thatīs it .
I for a " real income " my account is much too small .. , itīs too much stress to watch all day to the screen and feel good with it .
But as a " extra goodie " itīs good working.
Guido
Risiko birgt immer auch die Chance.
  • #10,843
  • Edited 4:22am Jun 3, 2014 3:38am | Edited 4:22am
Attached Image (click to enlarge)
Click to Enlarge Name: capture_06032014_113624.jpg Size: 82 KB


EDIT: closed manually at BE, because i see signs of reversal
  • #10,844
  • Jun 3, 2014 5:00am Jun 3, 2014 5:00am
Quoting messiahua
{image} EDIT: closed manually at BE, because i see signs of reversal

didnīt like that trade ..
first reason : it was a second touch .
second reason : that time was " weak news " in the UK.

But the coming 35/ 50 touch Iīll take
Risiko birgt immer auch die Chance.
  • #10,845
  • Edited 5:20am Jun 3, 2014 5:07am | Edited 5:20am
Here it is :
35/50 confluence .
SL 5,5 TP 11 .

EDTI: after 5 pips Itriggered to BE and get stopped + 1
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdcm15.png 3.6. 2014.png Size: 47 KB
Risiko birgt immer auch die Chance.
  • #10,846
  • Jun 3, 2014 6:30am Jun 3, 2014 6:30am
15 pips in my pocket !

The touch of th 35/50 was normally not steep enough for a good entry ,
But the both MAīs were very tight next to eachother .. and I worked with a SL of 3 pips ..

..and Iīm still long since the touch of the 35 s,a in M15 EJ -- yesterday night ..( with a 1/3 lotsize )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdcm15.png 3.6..png Size: 41 KB
Click to Enlarge Name: eurjpycm15.png 3.6....png Size: 41 KB
Risiko birgt immer auch die Chance.
  • #10,847
  • Jun 3, 2014 6:36am Jun 3, 2014 6:36am
Quoting Sesamstrasse
15 pips in my pocket ! The touch of th 35/50 was normally not steep enough for a good entry , But the both MAīs were very tight next to eachother .. and I worked with a SL of 3 pips .. ..and Iīm still long since the touch of the 35 s,a in M15 EJ -- yesterday night ..( with a 1/3 lotsize ) {image} {image}
Are you eclayf in disguise! You just show that if you stick to one method eventually you will master it....Nice trading!
  • #10,848
  • Jun 3, 2014 6:50am Jun 3, 2014 6:50am
Quoting Gareth22
{quote} Are you eclayf in disguise! You just show that if you stick to one method eventually you will master it....Nice trading!
aah no , Iīm guido.. and there also tooo many bad days .
but all in all I produce more green than red ..

I believe Clay is a much better trader than me !
I just pick some pips in M15 charts with this style ..No magic

EDIT : If you like one method , so stick to it !! .........if not : kick it !!!


Iīm looking in higher TFīs for other opportunities .. but M15 Iīll stick to the dance
Risiko birgt immer auch die Chance.
  • #10,849
  • Jun 3, 2014 8:48am Jun 3, 2014 8:48am
GBPJPY -7. Did not bounce.
EURJPY +14.2. Bounce nicely.

Comment please?

Attached Image (click to enlarge)
Click to Enlarge Name: 2014-06-03_2045.png Size: 38 KB


Spread+commission on FXPro are probably too huge for such small time frame....
0.1 lot
-7 pips = - $8.99
+14.2 = + $12.10
Twice the pips, only 50% more gain.
Everything you can imagine, is real - Pablo Picasso
  • #10,850
  • Jun 3, 2014 9:02am Jun 3, 2014 9:02am
Quoting Direwolf
GBPJPY -7. Did not bounce. EURJPY +14.2. Bounce nicely. Comment please? {image} Spread+commission on FXPro are probably too huge for such small time frame.... 0.1 lot -7 pips = - $8.99 +14.2 = + $12.10 Twice the pips, only 50% more gain.
EJ was not really good!! ( I just donīt use the Ema 5 ...... too many false signals ..)
In this case ( i call it "Jump on " ) I normally have larger losses than wins .. I know the itchy fingers when a price raises up ..
...but in this case itīs better to let it run ..

But the GJ is a bad entry !


2 candles before your entry it bounced !!!
But the main reason to stay out is :
There was no trend!!!
Just look for a entry when really a trend was forming! ......
35 Sma + 50 Ema were flat ..

A very good example today is ECAD M15 today!!
( trend was forming .. struggled a little.. came back to the 10 ema .. touched and ran )
Risiko birgt immer auch die Chance.
  • #10,851
  • Jun 3, 2014 9:12am Jun 3, 2014 9:12am
I see.... thanks.

Do you only trade during NY/London over lap as suggested in the manual?
Everything you can imagine, is real - Pablo Picasso
  • #10,852
  • Jun 3, 2014 10:23am Jun 3, 2014 10:23am
Quoting Direwolf
I see.... thanks. Do you only trade during NY/London over lap as suggested in the manual?
Yes , around that time ..
30 min after Fofo is my first trade earliest ..
and only the first few hours of US open ..

Normally are 2-5 valid and good entries coming a day in my charts ..
the trick is to see them at the right moment .. ..
And only valid trades bring money .. patience is the key ..
Risiko birgt immer auch die Chance.
  • #10,853
  • Jun 3, 2014 10:45am Jun 3, 2014 10:45am
What is Fofo?
Everything you can imagine, is real - Pablo Picasso
  • #10,854
  • Jun 3, 2014 10:47am Jun 3, 2014 10:47am
Quoting Direwolf
What is Fofo?
Frankfurt Open Fake Out ..
haha , you didnīt read the thread !!
Risiko birgt immer auch die Chance.
  • #10,855
  • Jun 3, 2014 10:52am Jun 3, 2014 10:52am
>.> Sorry. Skipped most of it to the lastest page. I did read the original thread almost all the way through tho.
Everything you can imagine, is real - Pablo Picasso
  • #10,856
  • Jun 3, 2014 10:57am Jun 3, 2014 10:57am
Quoting Direwolf
>.> Sorry. Skipped most of it to the lastest page. I did read the original thread almost all the way through tho.

I totally agree , itīs a very long thread .....
..but itīs worth it .. take your time ..
Risiko birgt immer auch die Chance.
  • #10,857
  • Jun 4, 2014 2:31am Jun 4, 2014 2:31am
Goodf morning!
First trade is a constrainment trade .
Cable m15 10 Ema .
I jumped on it 3 pips late .. but valid .

after 5 pips triggered my SL to BE ..
Target is 13,5 pips ( Daily S2 ) a little above the next round number.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdcm15.png 4.6..png Size: 41 KB
Risiko birgt immer auch die Chance.
  • #10,858
  • Jun 10, 2014 7:56am Jun 10, 2014 7:56am
First trade this week :
First touch 10 ema in EURUSD m15.
the angles of the Ema īs are steep enough .
First TP is around 10 Pips with a SL of 9 pips ( above the last high )
Iīll let run a little smaller portion to 135 ( next round number ) .
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdcm15.png 10-6-.png Size: 34 KB
Risiko birgt immer auch die Chance.
  • #10,859
  • Jun 10, 2014 8:30am Jun 10, 2014 8:30am
Hi guys,

I have a question which, as far as I didnt overlook it, wasnt directly asked in the thread before.
If we're looking for a "first touch", do retraces which came close to the MA, but did not actually touch it count and invalidate
a later (maybe) occuring retrace with a "real" touch?
Attached Image
  • #10,860
  • Jun 10, 2014 8:45am Jun 10, 2014 8:45am
Quoting ihezzz
Hi guys, I have a question which, as far as I didnt overlook it, wasnt directly asked in the thread before. If we're looking for a "first touch", do retraces which came close to the MA, but did not actually touch it count and invalidate a later (maybe) occuring retrace with a "real" touch? {image}

Aah no , please donot enter this one !!
A first touch is only if the price touched the line at the " first time " !
But as you showed , the price did it " almost " two times before .. so count it as a touch .. and wait for a next valid signal .
Guido
Risiko birgt immer auch die Chance.
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