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CHOROS System

  • #11,201
  • Edited 5:31am Aug 8, 2014 5:08am | Edited 5:31am
Quoting makonen
Hello traders, I am in Holidays in Halkidiki and because today the weather was not good for the beach I opened the laptop and saw this oppurtunity. very small amount because of these narrow days. entry after the 5m pinbar first m5/12-23 rejection. Have a nice summer dancers! {image}
I know that area good , have a friend near agios nikolaos ..with a house with view to Athos , Iīve been there many times ..
You have to visit a woooonderful beachbar , is when you driver from ormos .. direction vourvouru .. around 8 kilometers more ..
The most beautiful beachbar I have seen in Europe .
Itīs between cliffs , close to the beach .. near a camping place .. Itīs called " Bahia beach club "
Wish you a wonderful holiday there and to be honest , I envy you at the moment .
Guido
Risiko birgt immer auch die Chance.
  • #11,202
  • Aug 12, 2014 10:23am Aug 12, 2014 10:23am
[quote=Sesamstrasse;7660896]{quote} I know that area good , have a friend near agios nikolaos ..with a house with view to Athos , Iīve been there many times .. You have to visit a woooonderful beachbar , is when you driver from ormos .. direction vourvouru .. around 8 kilometers more .. The most beautiful beachbar I have seen in Europe . Itīs between cliffs , close to the beach .. near a camping place .. Itīs called " Bahia beach club " Wish you a wonderful holiday there and to be honest , I envy you at the moment
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  • #11,203
  • Aug 12, 2014 10:34am Aug 12, 2014 10:34am
[quote=Sesamstrasse;7660896]{quote} I know that area good , have a friend near agios nikolaos ..with a house with view to Athos , Iīve been there many times .. You have to visit a woooonderful beachbar , is when you driver from ormos .. direction vourvouru .. around 8 kilometers more .. The most beautiful beachbar I have seen in Europe . Itīs between cliffs , close to the beach .. near a camping place .. Itīs called " Bahia beach club " Wish you a wonderful holiday there and to be honest , I envy you at the moment
  • #11,204
  • Aug 12, 2014 10:52am Aug 12, 2014 10:52am
You are the men!
The area you discrabe (the second leg of Halkidiki with Athos view) is very very beautiful.
Also there are and the Talco & manasu beach bars near bahia very nice especially if you are single.....
I have a family and have a small house in Potidea and arrange daily excursions when I can.
Today grate day for choros for my pairs (eu,ej) but the weather was good and I was to the beach.
I tried an H1/10 at lunch time but close b.e.....
Anyway I will close the laptop until the end of my holidays because my wife offers to destroy it!
Have a nice summer my friend!
  • #11,205
  • Aug 21, 2014 11:41am Aug 21, 2014 11:41am
Hi guys, what do you think of this entry, constrainment of 10MA +RN, 8pips SL targeting 10-15.
Please coment

regards
fuzz
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  • #11,206
  • Aug 21, 2014 11:50am Aug 21, 2014 11:50am
Quoting fuzz
Hi guys, what do you think of this entry, constrainment of 10MA +RN, 8pips SL targeting 10-15. Please coment regards fuzz {image}
Hi fuzz, I'm by no means an expert but nevertheless here are my thoughts on it:

After the touch of the ema10 6 bars ago there was no nice bullish response to it. Look at the candles, they are small in range, to me it looks+like stalling/indecision.
Additionaly it's at least the 4th touch of the ema10 of that move, plus by going long you trade against 1h+4h trend (right now forming a bearish rejection candle on 4h) as far as I see.
So to me it looks a bit dangerous...
  • #11,207
  • Aug 21, 2014 12:02pm Aug 21, 2014 12:02pm
Quoting ihezzz
{quote} Hi fuzz, I'm by no means an expert but nevertheless here are my thoughts on it: After the touch of the ema10 6 bars ago there was no nice bullish response to it. Look at the candles, they are small in range, to me it looks+like stalling/indecision. Additionaly it's at least the 4th touch of the ema10 of that move, plus by going long you trade against 1h+4h trend (right now forming a bearish rejection candle on 4h) as far as I see. So to me it looks a bit dangerous...
wow, you're right, alread taking some drawdown as I type. Thanx man.
One type of entry I don't see a lot here is PA entry, like hammers and shooting stars, are we taking those entries since they're documented in the manual? And if we're taking then is there any set of rules like the first touch and so on?

regards fuzz
  • #11,208
  • Aug 21, 2014 12:14pm Aug 21, 2014 12:14pm
Hello kostas and the others!

In the last weeks there is no volatility on the markets. I think, its because of vacation. For me it is really difficult to trade at these market conditions. Iīm really interested, how kostas and the other experienced dancers deal with this? Can you reach your daily goal or take some good trades generally? Also, what type of trades do you like mostly at this time? I noticed, that there are some constrainment setups, but no wonder, the market is ranging all the time. Iīm afraid of taking this type of trades.

Cheers

Andy
  • #11,209
  • Aug 21, 2014 12:29pm Aug 21, 2014 12:29pm
Quoting fuzz
Hi guys, what do you think of this entry, constrainment of 10MA +RN, 8pips SL targeting 10-15. Please coment regards fuzz {image}
Thereīs no real intresting constrainment !
look in your chart and see the size of the candles -
The MAīs are flat .. and the market has no real power.
Wait for a couple of weeks and the vola is back ..

Until that time be very careful with entries.
Guido
Risiko birgt immer auch die Chance.
  • #11,210
  • Aug 21, 2014 12:32pm Aug 21, 2014 12:32pm
Quoting TheLegendary
Hello kostas and the others! In the last weeks there is no volatility on the markets. I think, its because of vacation. For me it is really difficult to trade at these market conditions. Iīm really interested, how kostas and the other experienced dancers deal with this? Can you reach your daily goal or take some good trades generally? Also, what type of trades do you like mostly at this time? I noticed, that there are some constrainment setups, but no wonder, the market is ranging all the time. Iīm afraid of taking this type of trades. Cheers Andy...
From middle/ end of july until now I had only 8 trades.. ,
most of them were losers because the price didnīt reach normal targets .
Better donīt trade.. take a rest ..
Dancing is only when the music plays .
From September I think the money comes back ..
Guido
Risiko birgt immer auch die Chance.
  • #11,211
  • Aug 21, 2014 12:38pm Aug 21, 2014 12:38pm
Quoting Sesamstrasse
{quote} From middle/ end of july until now I had only 8 trades.. , most of them were losers because the price didnīt reach normal targets . Better donīt trade.. take a rest .. Dancing is only when the music plays . From September I think the money comes back .. Guido
Thank you, Guido!

Iīm happy, that Iīm not the only one

Andy
  • #11,212
  • Aug 21, 2014 12:44pm Aug 21, 2014 12:44pm
Quoting TheLegendary
{quote} Thank you, Guido! Iīm happy, that Iīm not the only one Andy


Everytime nice to help the newbies -
Risiko birgt immer auch die Chance.
  • #11,213
  • Aug 21, 2014 4:25pm Aug 21, 2014 4:25pm
Quoting Sesamstrasse
{quote} From middle/ end of july until now I had only 8 trades.. , most of them were losers because the price didnīt reach normal targets . Better donīt trade.. take a rest .. Dancing is only when the music plays . From September I think the money comes back .. Guido

No wonder I have had mixed luck -- I have been pouring over the manual every few days to see what I'm missing on my entries and I guess it was:

(1) Patience (always a potential problem)

(2) Volatility -- Have only been following this system since late June and only looking for trades wince mid July.

Looking forward to when the market returns!
Remember that guy who gave up? Neither does anyone else.
  • #11,214
  • Aug 22, 2014 3:50am Aug 22, 2014 3:50am
Quoting Sagramor
{quote} No wonder I have had mixed luck -- I have been pouring over the manual every few days to see what I'm missing on my entries and I guess it was: (1) Patience (always a potential problem) (2) Volatility -- Have only been following this system since late June and only looking for trades wince mid July. Looking forward to when the market returns!
June was my most profitable month in pips since ever ( a little less than seven years )

Itīs just the holiday seasons.

But if you really want to trade during this season , watch "EXTREMLY " for steep angles and not too small candles.

If someone had told me in June :
The DAX will fall around 1000 pips in July and August , I had set him to my ignore list ..
With this kind of strat you can trade every chart you want .. only in the beginning you should stick to the recommended pairs .
And cable gave also very nice entries from time to time .
But to behonest :
Itīs not neccessary to trade every day or week .
Have a rest during the holidays and come back for dancing when the music plays .
Guido
Risiko birgt immer auch die Chance.
  • #11,215
  • Aug 22, 2014 5:31am Aug 22, 2014 5:31am
Hello again gang, EJ 1h touch trade + PPA S/R, coments please?

regards fuzz
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  • #11,216
  • Aug 22, 2014 5:37am Aug 22, 2014 5:37am
27 pips H4 EJ bounce 35/50
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYcH4.png 22.8..png Size: 55 KB
Risiko birgt immer auch die Chance.
  • #11,217
  • Edited 6:35am Aug 22, 2014 5:37am | Edited 6:35am
Edit, out at +10 pips and back again at 15min touch + PPA S/R in the opposite direction
Edit 2 : out at BE
Attached Image (click to enlarge)
Click to Enlarge Name: ref-3.jpg Size: 64 KB
  • #11,218
  • Aug 22, 2014 5:40am Aug 22, 2014 5:40am
Quoting Sesamstrasse
27 pips H4 EJ bounce 35/50 {image}

haha nice, took the same one, need to learn to hold on to winners, exited way too soon
  • #11,219
  • Aug 22, 2014 5:44am Aug 22, 2014 5:44am
Quoting fuzz
Hello again gang, EJ 1h touch trade + PPA S/R, coments please? regards fuzz {image}
Hey Fuzz !
The easiest way to figure out good entries is to show the chart, where you got the entry.
I think your H1 chart shows the H4 10 Ema line ??
In that case Iīd switch to H4 ( like my post a couple of minutes ago ) and take your entry from there!
Your kind of view looks too flat for my taste .
Mine looks clear , steep .. long candle .. but itīs the same trade! bounce 35/50 Ema 10 in H4
Good luck
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYcH4.png 22.8..png Size: 55 KB
Risiko birgt immer auch die Chance.
  • #11,220
  • Aug 22, 2014 5:53am Aug 22, 2014 5:53am
Quoting Sesamstrasse
{quote} Hey Fuzz ! The easiest way to figure out good entries is to show the chart, where you got the entry. I think your H1 chart shows the H4 10 Ema line ?? In that case Iīd switch to H4 ( like my post a couple of minutes ago ) and take your entry from there! Your kind of view looks too flat for my taste . Mine looks clear , steep .. long candle .. but itīs the same trade! bounce 35/50 Ema 10 in H4 Good luck Guido {image}
Yes, thanx man, I have the equivalents on my charts, but switching looks better.
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