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CHOROS System

  • #11,341
  • Sep 8, 2014 6:54am Sep 8, 2014 6:54am
Quoting jstmzplsz
{quote} It was exactly this reason. I showed m5 chart because I was waiting for confirmation from m5. Should I post charts in m15?
as clearer you can post your entries , as better ..
green pips to you
Guido
Risiko birgt immer auch die Chance.
  • #11,342
  • Sep 8, 2014 6:55am Sep 8, 2014 6:55am
Quoting Sesamstrasse
{quote} as clearer you can post your entries , as better .. green pips to you Guido
Thank you, same to you
  • #11,343
  • Sep 8, 2014 8:54am Sep 8, 2014 8:54am
Last trade today. +10p
I know that some might consider this as a third touch, but the PA was good enough for me and there was R2 with me.
See you tomorrow.
Green pips to you all.
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  • #11,344
  • Sep 8, 2014 10:53am Sep 8, 2014 10:53am
Price was very stubborn for me today, I closed some trades that ran into profit after, but no regrets, there are plenty of trades, I eventually ended today with some profit, good day to you all.

Now at 300%+ (1 week,1 day)
Attached Image


Id love to post my journey but im sorry I think its a bit of a distraction here, even though I love this thread, hope you guys understand, I will post ocasional posts from now.

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Thank you Sesamstrasse for the encouraging words.
YOUR MOTHERS ASS
  • #11,345
  • Sep 8, 2014 12:58pm Sep 8, 2014 12:58pm
Quoting santos23
Price was very stubborn for me today, I closed some trades that ran into profit after, but no regrets, there are plenty of trades, I eventually ended today with some profit, good day to you all. Now at 300%+ (1 week,1 day) {image} Id love to post my journey but im sorry I think its a bit of a distraction here, even though I love this thread, hope you guys understand, I will post ocasional posts from now. {image} Thank you Sesamstrasse for the encouraging words.
Welcome my friend !
Your ratio is incredible !
Hope you can keep it that way ..
Thumbs up from my side
Guido
Risiko birgt immer auch die Chance.
  • #11,346
  • Sep 9, 2014 3:29am Sep 9, 2014 3:29am
Not the best entry.
Bounce from M15 EMA10.
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  • #11,347
  • Sep 9, 2014 4:04am Sep 9, 2014 4:04am
Quoting jstmzplsz
Not the best entry. Bounce from M15 EMA10. {image}
be very careful in this pair , it very often overruns the lines .
Cable and EJ are the breadkeeper IMO
Guido
Risiko birgt immer auch die Chance.
  • #11,348
  • Sep 9, 2014 4:12am Sep 9, 2014 4:12am
Quoting Sesamstrasse
{quote} be very careful in this pair , it very often overruns the lines . Cable and EJ are the breadkeeper IMO Guido
Thanks I'm trying to be more than very careful on all pairs that I'm trading.. but sometimes it is hard anyway.
  • #11,349
  • Sep 9, 2014 4:30am Sep 9, 2014 4:30am
Last trade for today.
I did not want to play with weekly pivot and I already have my daily target.
See you tomorrow.
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  • #11,350
  • Sep 9, 2014 4:56am Sep 9, 2014 4:56am
Quoting jstmzplsz
Last trade for today. I did not want to play with weekly pivot and I already have my daily target. See you tomorrow. {image}
One post before you wrote you try to be very careful ..
Itīs not a nice entry ., looks like a SL around 15 pips , and closed with 7-8 ??
Next reason :
Flat Maīs .
Itīs your time and money , my experience says :
Will not work in the longterm if you take that kinds of trade .
Good luck + green pips
Guido
Risiko birgt immer auch die Chance.
  • #11,351
  • Sep 9, 2014 5:14am Sep 9, 2014 5:14am
Took short touch off Daily - 35EMA and RN confluence @ 137.000. Didn't hold for long as it was counter-trend of the moment, P/A slow again and many other continuation MA's coming up underneath on other time frames. Closed +8.

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  • #11,352
  • Sep 9, 2014 5:18am Sep 9, 2014 5:18am
Quoting Sesamstrasse
{quote} One post before you wrote you try to be very careful .. Itīs not a nice entry ., looks like a SL around 15 pips , and closed with 7-8 ?? Next reason : Flat Maīs . Itīs your time and money , my experience says : Will not work in the longterm if you take that kinds of trade . Good luck + green pips Guido
Let me explain you why it was nice trade IMO. It was a continuation from touch on H4. I was thinking about trade earlier (see red arrow) but because I'm still learning H4 timeframe I decided to wait for a scoop-up trade which appeared and which I traded for 9 pips. That was enough space for this, and that was enough for me.
SL was only for emergency, I was watching this trade from start till its end because it was really quick. If price would closed below hanging man on EMA23 I would close that trade. Hope it's clear.
Green pips to you my friend
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  • #11,353
  • Edited 7:03am Sep 9, 2014 6:13am | Edited 7:03am
Quoting jstmzplsz
{quote} Let me explain you why it was nice trade IMO. It was a continuation from touch on H4. I was thinking about trade earlier (see red arrow) but because I'm still learning H4 timeframe I decided to wait for a scoop-up trade which appeared and which I traded for 9 pips. That was enough space for this, and that was enough for me. SL was only for emergency, I was watching this trade from start till its end because it was really quick. If price would closed below hanging man on EMA23 I would close that trade. Hope it's clear. Green pips to you my...
aah , let me explain again ..
It was really not a nice trade!
In deed , there was a h4 10 ema touch .. but may be you should open your eyes a little :

You took a trade in flat MAīs and this time you are the lucky winner , thatīs all .
So : For the newbies , please donīt copy trades like that , otherwise you īll lose your fun and money !
Guido
Risiko birgt immer auch die Chance.
  • #11,354
  • Edited 7:49am Sep 9, 2014 7:35am | Edited 7:49am
Take a look at H4 ones again. Is it flat? H4 is the reason why I decided to trade in this situation.

Edit: And if you are trading scoop-up it is better when 35/50 are flat.
No need to be frustrated
  • #11,355
  • Sep 9, 2014 8:27am Sep 9, 2014 8:27am
Quoting jstmzplsz
Take a look at H4 ones again. Is it flat? H4 is the reason why I decided to trade in this situation. Edit: And if you are trading scoop-up it is better when 35/50 are flat. No need to be frustrated
oh , Iīm really ok with your decisions and absolutely not frustrated .
You can do with your account whatever you want to do , .
I really like it if people get green pips with dancing , but you better look in the manual again .
The 10 ema in H4 was flat that time , YES , with a steepnes around 10° .
EClayf explained it very well how to find out the steepness of the angles .
Now itīs getting steep , because the price goes a little higher ( itīs near the 35 Sma at the moment).
But your M15 entry is still not good .. you can try to find all the time exceauses.
Nobody is percect ( included me )and we all do bad entries from time to time .. itīs no secret ..
So it would be nice to the " new dancers " if you try to find good entries and donīt confuse them with any " jumping jack actions "

EDIT :
Hereīs a PM , I got at 11.40 my time from a new member :

hallo guido , kannst du mir den trade http://www.forexfactory.com/showthre...13#post7726013 mal bitte erklären ,
die gdīs sind doch flat , oder ?

Translate by yourself


I wish you a wonderful day
Guido
Risiko birgt immer auch die Chance.
  • #11,356
  • Sep 9, 2014 8:52am Sep 9, 2014 8:52am
Guido with all respect, you are old newbie. And you don't see how price did respect H4 EMA10. Two times already. It was scoop-up trade, not for newbies.

Have nice day.

EDIT: Bonus, some pics from Kostas.
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  • #11,357
  • Edited 9:19am Sep 9, 2014 9:07am | Edited 9:19am
Quoting jstmzplsz
Guido with all respect, you are old newbie. And you don't see how price did respect H4 EMA10. Two times already. It was scoop-up trade, not for newbies. Have nice day. EDIT: Bonus, some pics from Kostas. {image} {image}
Canīt you see the difference ??
In the EUR/ USD M15 chart , you posted 10 min ago , the MAīs shows exactly a scoop -.
the open was clean and clear on the 10 Ema .
10 ema above the two others. ... all tight together but seperated. ( and too flat for my taste )
next reason , why I hadnīt taken it : a little below the round number and careful with the fiboīs .

Your chart shows 10 Ema between the two others .. ( MA soup with flat MAīs )
... nothing else !
Your entry is a lucky winner , thatīs all .
Guido
Attached Images
Risiko birgt immer auch die Chance.
  • #11,358
  • Sep 9, 2014 9:17am Sep 9, 2014 9:17am
Lucky me

Second trade, reasons: price respects H4 EMA10, it is a second touch, double bottom, pin on m5, scoop-up.

That is all in this topic.

Have a nice day as I said.
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  • #11,359
  • Sep 9, 2014 1:00pm Sep 9, 2014 1:00pm
Quoting Sesamstrasse
{quote} One post before you wrote you try to be very careful .. Itīs not a nice entry ., looks like a SL around 15 pips , and closed with 7-8 ?? Next reason : Flat Maīs . Itīs your time and money , my experience says : Will not work in the longterm if you take that kinds of trade . Good luck + green pips Guido
That explains my losses then when i had them, i wasnt thinking about the angle at all only taking any touches off the ma's, looking back now those were quite flat so this is quite important not to take touches on flat looking 50,35,10
YOUR MOTHERS ASS
  • #11,360
  • Sep 9, 2014 1:08pm Sep 9, 2014 1:08pm
Quoting Sesamstrasse
{quote} One post before you wrote you try to be very careful .. Itīs not a nice entry ., looks like a SL around 15 pips , and closed with 7-8 ?? Next reason : Flat Maīs . Itīs your time and money , my experience says : Will not work in the longterm if you take that kinds of trade . Good luck + green pips Guido
I agree, it looks ranging, the risk is not worth it for the movement, by the way sessamstrasse could you please list which pairs to stick with? Ty
YOUR MOTHERS ASS
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