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CHOROS System

  • #11,641
  • Oct 31, 2014 8:12am Oct 31, 2014 8:12am
Quoting Whenever
{quote} I agree, great stuff Yag. I do not see your SL levels on the charts. I understand that you probably do not set it on the chart, but keep it in mind. Having TP of 10/15 pips, what SL do you consider ? Many Thanks
thx whenever,

it depends on the ATR, but sometimes also i use support/resistance.
for example GJ i used a 30 pips stop. most of the time they are not in the market. they are hidden in my brain

thx sesam, i forgot about the last day this month!
  • #11,642
  • Oct 31, 2014 9:09am Oct 31, 2014 9:09am
i tried NU and EU for the EMA5 touch...worked also for +9 pips
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  • #11,643
  • Oct 31, 2014 9:34am Oct 31, 2014 9:34am
Quoting yag
i tried NU and EU for the EMA5 touch...worked also for +9 pips {image}
M5 has many false signals , it was one of the first advices I got here.
when I started trading this style , I also tested it and came to the same rseults.
the only thing I changed sucessful was adding a 9 ema to my 10 ema in red , just to have it better visible .
All other things fits .
But of course, give it a rtry ..
as long as you are playing with the market , all is fine ..
But don´t let the market play with you .
smaller Tf´s or also more MA´s means more signals.
But more signals means not more green pips!
No advice , just keep in mind.
Green pips to you .
Guido
Risiko birgt immer auch die Chance.
  • #11,644
  • Oct 31, 2014 9:41am Oct 31, 2014 9:41am
Quoting Sesamstrasse
{quote} M5 has many false signals , it was one of the first advices I got here. when I started trading this style , I also tested it and came to the same rseults. the only thing I changed sucessful was adding a 9 ema to my 10 ema in red , just to have it better visible . All other things fits . But of course, give it a rtry .. as long as you are playing with the market , all is fine .. But don´t let the market play with you . smaller Tf´s or also more MA´s means more signals. But more signals means not more green pips! No advice , just keep in mind....
yes i know, but thx anyway! i am testing all kind of signals related to dance.
  • #11,645
  • Oct 31, 2014 10:39am Oct 31, 2014 10:39am
last trade today, 30 seconds, 10ema short EU for +11 pips
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  • #11,646
  • Oct 31, 2014 11:04am Oct 31, 2014 11:04am
that´s mine !
19 pips in a scoop .
I tried to get it when it retraced back to the 10 ema , m15.
m5 was a clear break , retraced back .. but my signal was driven by m15 as a scoop.
Tp little below the round number.
nice weekend to all of you ..
Guido
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM15.png helloween.png Size: 43 KB
Risiko birgt immer auch die Chance.
  • #11,647
  • Oct 31, 2014 11:20am Oct 31, 2014 11:20am
Quoting Sesamstrasse
that´s mine ! 19 pips in a scoop . I tried to get it when it retraced back to the 10 ema , m15. m5 was a clear break , retraced back .. but my signal was driven by m15 as a scoop. Tp little below the round number. nice weekend to all of you .. Guido {image} {image}
top
nice wekend!
  • #11,648
  • Nov 4, 2014 2:16am Nov 4, 2014 2:16am
yesterday i got badly hit due to red news. i lost -43 pips in one short trade with GU. my stop was around 20 pips, so hugh slippage.
so i stopped trading and will do this until i feel comfortable again
  • #11,649
  • Nov 4, 2014 5:10am Nov 4, 2014 5:10am
i trade now with very small amounts, microlots, to get back my confidence.
GC+15
EC+12
GA+15 (H1 35/50 touch)
all trades taken AFTER GBP red news
Attached Image(s) (click to enlarge)
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  • #11,650
  • Nov 4, 2014 7:18am Nov 4, 2014 7:18am
another very beautiful first touch trade on AC straight at the RN for +12 pips:
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  • #11,651
  • Nov 5, 2014 8:23am Nov 5, 2014 8:23am
Hello dancers!

ej after the intervetion of BoJ gives many opportunities long.
Today I took this trade (h1/10).
I closed early but I was nervous about the news......

many pips to all!
Attached Image (click to enlarge)
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  • #11,652
  • Nov 6, 2014 5:53am Nov 6, 2014 5:53am
Quoting yag
another very beautiful first touch trade on AC straight at the RN for +12 pips: {image}
Yag you seem to be on a roll lately! Very happy for you man!
  • #11,653
  • Nov 6, 2014 11:12am Nov 6, 2014 11:12am
First touch 10 Ema EJ m15.
I liked it , had a two bar rule followed .. steep angle ... no MA of a higher TF in my way .. all fine!
....just hesitated too much for my taste .. kicked it after around 1,5 hours without any reaction out BE .
Sometimes it just don´t work .
EDIT : haha , while writing this post , the price went 10 pips down ... of course now !
someone noticed ; Guido kicked the order, we can continue ..
Guido
Attached Image (click to enlarge)
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Risiko birgt immer auch die Chance.
  • #11,654
  • Nov 7, 2014 5:29am Nov 7, 2014 5:29am
Quoting Intense
{quote} Yag you seem to be on a roll lately! Very happy for you man!
i hope its not a roll, rather normality
but thx, its working like expections from testing.
i am still not happy with TP and sometimes heavy losses. so i am trying to be more selective and having higher TP then.
  • #11,655
  • Nov 7, 2014 5:31am Nov 7, 2014 5:31am
Quoting Sesamstrasse
First touch 10 Ema EJ m15. I liked it , had a two bar rule followed .. steep angle ... no MA of a higher TF in my way .. all fine! ....just hesitated too much for my taste .. kicked it after around 1,5 hours without any reaction out BE . Sometimes it just don´t work . EDIT : haha , while writing this post , the price went 10 pips down ... of course now ! someone noticed ; Guido kicked the order, we can continue .. Guido {image}
it was late during the day, so my observation is that when london and frankfurt are near closing the markets gets slow.
  • #11,656
  • Edited 6:01am Nov 7, 2014 5:44am | Edited 6:01am
Quoting yag
{quote} it was late during the day, so my observation is that when london and frankfurt are near closing the markets gets slow.
totally true , but it was 16.45, only 1 h 15 min after US open .. with two nice nice strong bars to my 10 Ema touch ,
so enough " power " to bounce back was absolutely given .
I also don´t like trading too late but in that case I was really picky with an entry ..

Today around US open will be a new chance to catch some fishes out of the ocean .
By the way : GA M5 35sma + M15 10 ema touch right now .. but it´s the wrong time , no trade for me .
During the european session lunchtime , I got faked often .. around US open sounds much better

Green pips to all
Guido
Risiko birgt immer auch die Chance.
  • #11,657
  • Nov 7, 2014 5:50am Nov 7, 2014 5:50am
I´m watching Gu in higher TF´s today , the dancers know what I´m looking for ??
Risiko birgt immer auch die Chance.
  • #11,658
  • Nov 7, 2014 6:05am Nov 7, 2014 6:05am
Quoting Sesamstrasse
I´m watching Gu in higher TF´s today , the dancers know what I´m looking for ??
i guess its the H1 35/50 touch
  • #11,659
  • Nov 7, 2014 6:18am Nov 7, 2014 6:18am
Quoting yag
{quote} i guess its the H1 35/50 touch

You have 50 % of the answer .. not bad .. but is there something more ?
Risiko birgt immer auch die Chance.
  • #11,660
  • Nov 7, 2014 6:42am Nov 7, 2014 6:42am
Quoting Sesamstrasse
{quote} You have 50 % of the answer .. not bad .. but is there something more ?
of course, the daily low of october
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