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CHOROS System

  • #11,601
  • Oct 22, 2014 3:20am Oct 22, 2014 3:20am
Took a trade this morning.

Its in no way a perfect setup. But it is a touch of the 10 and the Round number does a lot for me. Also the H4 and 1H supported my outlook so took a smaller position trade. Everything went so fast that i didnt even manage to snap a screen shot until I was out.

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  • #11,602
  • Edited 4:40am Oct 22, 2014 3:54am | Edited 4:40am
Quoting Intense
Took a trade this morning. Its in no way a perfect setup. But it is a touch of the 10 and the Round number does a lot for me. Also the H4 and 1H supported my outlook so took a smaller position trade. Everything went so fast that i didnt even manage to snap a screen shot until I was out. {image}
I also was watching it before it touched.. but didnīt have the balls to enter ..
as you can see : not only the beautiful trades are very good!
good job
Guido
Risiko birgt immer auch die Chance.
  • #11,603
  • Oct 22, 2014 5:02am Oct 22, 2014 5:02am
Quoting Sesamstrasse
{quote} I also was watching it before it touched.. but didnīt have the balls to enter .. as you can see : not only the beautiful trades are very good! good job Guido
Thank you Guido. I had not taken it unless it was for the Round number, and especially the fact that it was a whole number. They are very powerful indeed.
  • #11,604
  • Oct 22, 2014 5:12am Oct 22, 2014 5:12am
Quoting Intense
Took a trade this morning. Its in no way a perfect setup. But it is a touch of the 10 and the Round number does a lot for me. Also the H4 and 1H supported my outlook so took a smaller position trade. Everything went so fast that i didnt even manage to snap a screen shot until I was out. {image}
I missed it by 30 seconds. Sat down, thought to myself "hmm this looks like it's setting up" looked away for about a second and off it went without me. Nice trade and glad to see you got it.
  • #11,605
  • Oct 22, 2014 5:47am Oct 22, 2014 5:47am
Quoting grantyboy
{quote} I missed it by 30 seconds. Sat down, thought to myself "hmm this looks like it's setting up" looked away for about a second and off it went without me. Nice trade and glad to see you got it.
Thanks granty. It was inedeed a very quick mover. I was in and out within 30-60 sec.
Keep in mind though that it was still a trade i felt had some risk. That is why i didnt take a full position. Price action was slightly scetchy before the pullback and it could be The London open fakeout. But it was a first touch with decent slope, and it was a whole nr. Even though I entered on touch you could wait for the bar to close, and the fact that it "dead ended" on the whole nr would probably be cause to enter.
  • #11,606
  • Edited 3:49am Oct 23, 2014 3:34am | Edited 3:49am
Morning trade in AUDUSD

Touch trade of 10EMA with RN confluence. Also looked like 35/50 MA's acted as support on H1 chart.

Hoping for best

UPDATE: Stopped out for BE + 1. Went 10 pips my way and then turned. But hey, thats the way it goes sometimes.

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  • #11,607
  • Oct 23, 2014 8:11am Oct 23, 2014 8:11am
Quoting Intense
Morning trade in AUDUSD Touch trade of 10EMA with RN confluence. Also looked like 35/50 MA's acted as support on H1 chart. Hoping for best UPDATE: Stopped out for BE + 1. Went 10 pips my way and then turned. But hey, thats the way it goes sometimes. {image}
BE also for me in a EG m15 35/50 touch .
the nice thing is ; normally itīs enough space to trigger to BE when the MAīs are steep ,
because also in volatile times , the price respects the line.
Guido
Risiko birgt immer auch die Chance.
  • #11,608
  • Oct 27, 2014 12:43am Oct 27, 2014 12:43am
hallow everyone. i am new here. but for last 1 month i was studying the dance manual along with the thread. i love this thread so much. from today i am going to be a regular person here. plz support me as a new one........

today morning when i get up from sleep i found an entry has gone in EJ pair.... H1 10ema ,RN, m15 35/50. plz suggest me is it a right entry....

imran
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  • #11,609
  • Oct 27, 2014 3:49am Oct 27, 2014 3:49am
a new week, a new try...

3 various trades (EU, GU, EC) between +8 to +10 pips this morning
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  • #11,610
  • Oct 27, 2014 5:54am Oct 27, 2014 5:54am
Quoting anu730
hallow everyone. i am new here. but for last 1 month i was studying the dance manual along with the thread. i love this thread so much. from today i am going to be a regular person here. plz support me as a new one........ today morning when i get up from sleep i found an entry has gone in EJ pair.... H1 10ema ,RN, m15 35/50. plz suggest me is it a right entry.... imran {image}
Good morning and welcome !
But in fact I hadnīt taken it .

it wasnīt one of that kinds Iīm looking for .
and to answer your question :
One candle before your entry was the " correect " entry ( at the touch ) , but too many candles to get there and all MAīs to close to eachother.

My M15 chart looks a little different , the price touched in my chart the MA 5 candles before your entry .
I marked it with an arrow for you .
but also not a nice one , the MA angles are not steep enough for my taste .
Look on yagīs post .
It looks much better.
Guido
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Risiko birgt immer auch die Chance.
  • #11,611
  • Oct 27, 2014 7:09am Oct 27, 2014 7:09am
Quoting Sesamstrasse
{quote} Good morning and welcome ! But in fact I hadnīt taken it . it wasnīt one of that kinds Iīm looking for . and to answer your question : One candle before your entry was the " correect " entry ( at the touch ) , but too many candles to get there and all MAīs to close to eachother. My M15 chart looks a little different , the price touched in my chart the MA 5 candles before your entry . I marked it with an arrow for you . but also not a nice one , the MA angles are not steep enough for my taste . Look on yagīs post . It looks much better. Guido...
s
thanks for your replay. i am little afraid of touch entry coz new-be. now i am looking for only PA entry. with time i will try to work with touch entry. i enter into a trade with lower time frame candle confirmation.
  • #11,612
  • Oct 27, 2014 8:32am Oct 27, 2014 8:32am
Quoting anu730
{quote} s thanks for your replay. i am little afraid of touch entry coz new-be. now i am looking for only PA entry. with time i will try to work with touch entry. i enter into a trade with lower time frame candle confirmation.
If you watch only for priceaction entries, your entry was not good!
You entered in a sideways in that case .. and lower timeframes ( as you said to confirm was not given ! )
there was really no good candle information in the M5 chart.

So ... itīs very simple .
You entered in a market without any clear information, no wonder my post wonīt sound good .
My advice is : USE the simulator before trying demo or live.
Wish you good luck with your trading.
Guido
Risiko birgt immer auch die Chance.
  • #11,613
  • Oct 27, 2014 2:47pm Oct 27, 2014 2:47pm
Quoting Sesamstrasse
{quote} If you watch only for priceaction entries, your entry was not good! You entered in a sideways in that case .. and lower timeframes ( as you said to confirm was not given ! ) there was really no good candle information in the M5 chart. So ... itīs very simple . You entered in a market without any clear information, no wonder my post wonīt sound good . My advice is : USE the simulator before trying demo or live. Wish you good luck with your trading. Guido
thanks bro for your support
  • #11,614
  • Oct 28, 2014 2:01am Oct 28, 2014 2:01am
hallow every one. good morning. i just get up from bed and find a nice entry with good profit running. AU h1 10ema, m15 35/50 confluence with MR1.
searching for another one
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  • #11,615
  • Edited 12:48pm Oct 28, 2014 11:07am | Edited 12:48pm
today various trades between +6 to +9 pips:
AN, EN, GA and GJ
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  • #11,616
  • Edited Oct 29, 2014 3:42am Oct 28, 2014 11:34pm | Edited Oct 29, 2014 3:42am
i am having some problem with pair selection. not only that to observe more then 2 pair is tough for me. but when i select two pair to watch i found good entries are going on another pair. on that time i go through all the pair and get confused. can someone help me to solve this problem plz

another thing i miss good setup in front of my eyes just because of my entry system. for example if i am searching for a touch trade should i use pending order or take the entry in current market? please give me some suggestion how can i find the best spot for entry.....
  • #11,617
  • Oct 29, 2014 2:46am Oct 29, 2014 2:46am
this morning various trades between +10 to +12 pips:
GC, GA, EA
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  • #11,618
  • Oct 29, 2014 2:53am Oct 29, 2014 2:53am
Quoting anu730
i am having some problem with pair selection. not only that to observe more then 2 pair is tough for me. but when i select two pair to watch i found good entries are going on another pair. on that time i go through all the pair and get confused. can someone help me to solve this problem plz
you should watch more pairs. if its not possible for you at the moment, then stay with 2 pairs.
everything has to fit to your personality.
  • #11,619
  • Edited 4:44am Oct 29, 2014 4:31am | Edited 4:44am
Quoting anu730
i am having some problem with pair selection. not only that to observe more then 2 pair is tough for me. but when i select two pair to watch i found good entries are going on another pair. on that time i go through all the pair and get confused. can someone help me to solve this problem plz another thing i miss good setup in front of my eyes just because of my entry system. for example if i am searching for a touch trade should i use pending order or take the entry in current market? please give me some suggestion how can i find the best...
good morning .
as first make shure the price reactls nice with the MAīs .
Cable works best , it respects the lines and itīs not toooooooooooooooooo slow to get some pips .

make shure minimum one market is open when you trade the pair.
But the most important thing is :

Use the simulatoer .. use it .. day by day ... and in a couple of weeks you ll answer your own questions!

From that moment , you can see with the first view on a chart " Daamn , soon the price will touch that line .. or is too sloppy ,
not steep enough .. , higher TFīs does not confirm .. not enough space to reach targets ( round number , fiboīs or so )I stay out "

Exactly from that moment you can start watching different pairs .
For beginning you better start with Cable or maybe EJ .


Guido
Risiko birgt immer auch die Chance.
  • #11,620
  • Oct 29, 2014 4:33am Oct 29, 2014 4:33am
another nice H1 35/50 trade with GJ for +13 pips.
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