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CHOROS Interactive

  • #2,141
  • Edited 4:28pm Apr 16, 2015 12:30pm | Edited 4:28pm
Quoting Haydel
{quote} Almost there, and ready to SELL! {image}
UPDATE: The reaction to the M15 10EMA was not as clear as "By the book 10EMA touch", price went against me for about 13 pips, nevertheless confluence help a lot.
I missed my TP at RN by a pip, so I decided to remove my TP, move my SL to +20 and let the trade run.
Will Trail Stop until Stoped Out or until a nice TP level is reached.
If you look to the left, there is no Previous PA near to stop the fall, so we will see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 33 KB
  • #2,142
  • Apr 16, 2015 12:58pm Apr 16, 2015 12:58pm
Quoting Haydel
{quote} UPDATE: The reaction to the M15 10EMA was not as clear as "By the book 10EMA touch", nevertheless confluence of several signals help a lot. I missed my TP at RN by a pip, so I decided to remove my TP, move my SL to +20 and let the trade run. Will Trail Stop until Stoped Out or until a nice TP level is reached. If you look to the left, there is no PA near to stop the fall, so we will see what happens. {image}
Wow!!!, this thing is falling, RN at 1.2200 and Daily S1 were broken so we have another possible SHORT entry in case of a retrace. The entry would be around M15 10EMA in confluence with RN at 1.2200 and Daily S1 at 1.2197.

What I don't like, is the time of the day, LONDON is already closed. So don't think I would SHORT again, I prefer to keep my previous trade open and secure that profit.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 29 KB
  • #2,143
  • Edited 4:29pm Apr 16, 2015 1:18pm | Edited 4:29pm
Quoting Haydel
{quote} Wow!!!, this thing is falling, RN at 1.2200 and Daily S1 were broken so we have another possible SHORT entry in case of a retrace. The entry would be around M15 10EMA in confluence with RN at 1.2200 and Daily S1 at 1.2197. What I don't like, is the time of the day, LONDON is already closed. So don't think I would SHORT again, I prefer to keep my previous trade open and secure that profit. {image}
I decided to close the trade at +100 pips. Enough is enough, getting greedy ruins everything.

That's it for the day.

I decided to close the trade, because, even though there is no clear Previous PA in USDCAD pair to stop the fall, the truth is that USDCAD depends on USDIndex, and watching the USDIndex Daily Chart you can see that price has reached a Demand Zone that can make USD price rally.

This is how USDCAD looked the moment I closed the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 120170531_USDCAD_M15_2015_04_16_19_07_Close.gif Size: 25 KB
  • #2,144
  • Apr 17, 2015 11:49am Apr 17, 2015 11:49am
Another possible entry.

GBPUSD very steep M15 10EMA in confluence with RN at 1.4950 were that level was clearly respected before.
SHORT right at 1.4950.Could be good for 20 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 31 KB
  • #2,145
  • Edited 12:58pm Apr 17, 2015 12:23pm | Edited 12:58pm
Quoting Haydel
Another possible entry. GBPUSD very steep M15 10EMA in confluence with RN at 1.4950 were that level was clearly respected before. SHORT right at 1.4950.Could be good for 20 pips. {image}
SOLD!

35/50 are flat and very separated, so that is not a good sign, nevertheless, I'm counting on the Round Number and Monthly Pivot levels that were respected before form both sides and the fact that the H4 bar closed below that RN and DP levels so this would be a retest to those levels that now is including M15 10EMA.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 27 KB
  • #2,146
  • Edited 2:16pm Apr 17, 2015 1:00pm | Edited 2:16pm
Quoting Haydel
{quote} SOLD! 35/50 are flat and very separated, so that is not a good sign, nevertheless, I'm counting on the Round Number and Monthly Pivot levels that were respected before form both sides and the fact that the H4 bar closed below that RN and DP levels so this would be a retest to those levels that now is including M15 10EMA. {image}
Well, this trade is not going well, so I have set my SL at -20 pips and my TP at +20 pips. It seems that Monthly Pivot is holding. We will see.

EDIT: Stopped Out
  • #2,147
  • Apr 22, 2015 6:58am Apr 22, 2015 6:58am
CALL: NZDUSD H1 10EMA in confluence with M15 35/50, RN at 0.7700 and Daily R1 at 0.7709
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 30 KB
  • #2,148
  • Apr 22, 2015 7:57am Apr 22, 2015 7:57am
Quoting Haydel
CALL: NZDUSD H1 10EMA in confluence with M15 35/50, RN at 0.7700 and Daily R1 at 0.7709 {image}
That was a nice reaction that would have been good for at least 10 pips. Sadly my limit order was not triggered. So I missed the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 38 KB
  • #2,149
  • Jun 30, 2015 9:38pm Jun 30, 2015 9:38pm
Not sure if anyone is still following this thread but if you trade choros/the dance during the early NY session, PM me, I would love to get a trading group together.
  • #2,150
  • Edited Oct 8, 2015 6:56am Oct 7, 2015 11:33am | Edited Oct 8, 2015 6:56am
Cable D1 35/50 upcoming
EDIT :8.10. ...... my pending missed about 4 pips ( close to the 50 Ema D1 ) .. and ran + 70 now ..... could be mine !!

Guido
Risiko birgt immer auch die Chance.
  • #2,151
  • Oct 23, 2015 2:52am Oct 23, 2015 2:52am
Possible entry on UJ H1 35/50 bounce.
Everything is possible
  • #2,152
  • Oct 23, 2015 3:04am Oct 23, 2015 3:04am
Quoting sasha.fx
Possible entry on UJ H1 35/50 bounce.
Nice one. Also confluenced with H4 10 and DP.
  • #2,153
  • Edited 6:21am Oct 23, 2015 5:44am | Edited 6:21am
Quoting kostas1
{quote} Nice one. Also confluenced with H4 10 and DP.
It worked out well. However it missed my TP of 25p just by 0.5p and quickly went down, so I closed it manually at +15p.

Edit: and what do you think about NU H1 35/50? It has already had quite a strong reaction one candle before, also H4 is flat and DP&WP are below the MAs, so I decided to stay out, but just wanted to hear your opinion on that one - would you consider it as a proper signal? Thank you in advance

Edit2: just to be clear, I was asking about the dead-end candle on NU H1 50EMA
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-23 UJ H1.png Size: 25 KB
Everything is possible
  • #2,154
  • Edited 9:05am Oct 23, 2015 8:21am | Edited 9:05am
Possible upcoming entry on AJ H1 35/50 (H4 10EMA, RN, WP confluence).

Edit: entered after several pins on M5, exited at TP of 21p right below M15 10EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-23 AJ H1.png Size: 44 KB
Everything is possible
  • #2,155
  • Edited 11:11am Oct 23, 2015 9:46am | Edited 11:11am
Quoting sasha.fx
exited at TP of 21p right below M15 10EMA. {image}
nice trading!
Risiko birgt immer auch die Chance.
  • #2,156
  • Oct 26, 2015 2:27am Oct 26, 2015 2:27am
Quoting Sesamstrasse
{quote} nice trading!
Thank you, Guido
Everything is possible
  • #2,157
  • Edited 9:54am Oct 28, 2015 9:02am | Edited 9:54am
Possible EU and EJ M15 35/50 touches or bounces.

Edit: took them both, worked out for 7 and 15 pips respectively. Although initial EU TP was 12 pips, I decreased it due to price hesitation at M15 10ema level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2015-10-28 EU M15.png Size: 28 KB
Click to Enlarge Name: 2015-10-28 EJ M15.png Size: 30 KB
Everything is possible
  • #2,158
  • Edited 7:27am Oct 29, 2015 5:18am | Edited 7:27am
Possible EJ H1 35/50 entry with H4 10ema and DP confluence.

Also possible entry later on EU H1 (35/50 confluenced with RN and maybe H4 10ema).


Edit: entered an EJ trade at 35sma, but it didn't work out as I expected - after the price had gone about 10p in my direction (initial TP was 25p), it went up and missed my SL by just a couple of pips (which I consider to be simple luck), so I decreased my TP then and decided to wait and see if the price comes back. It did and hit the decreased TP of 11p.
My mistake was to enter the trade so early (before a proper touch of 35/50 and DP) and, what's more important, I ignored two small pins on M5 12ema, where I could have closed the trade with about 8p of profit or at least moved the SL to BE (in this case I wouldn't have risked to lose ~20-22p, if the SL was hit, and wouldn't have had to wait impatiently for the outcome for so long ).
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-29 EJ H1.png Size: 25 KB
Everything is possible
  • #2,159
  • Edited 8:24am Oct 30, 2015 7:15am | Edited 8:24am
Possible short on UJ M15 35/50 confluenced with H1 10ema and WP, but be aware of the news in 15 minutes and the angle of these MAs, when/if the price gets there.

Edit: entered on a touch (my bad, as it would be less risky to wait for the candle to close and to enter after the second confirmative bounce on M1&M5), TP was set right above the 10ema (12p).
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-30 UJ M15.png Size: 34 KB
Everything is possible
  • #2,160
  • Nov 2, 2015 6:18am Nov 2, 2015 6:18am
Possible long on GU M15 35/50 confluenced with RN and H1 10EMA.
Everything is possible
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