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CHOROS System

  • #12,141
  • Sep 24, 2015 2:23am Sep 24, 2015 2:23am
Quoting Sesamstrasse
{quote} Good morning wnabo No .. muslim days don t care the international stock exchanges ! I d take a look for really holidays when stock exchanges have closed . Specially american ones care that much because we trade mostly pairs there located . Guido
Thanks
  • #12,142
  • Edited 5:25am Sep 24, 2015 4:41am | Edited 5:25am
The market is trickin me ..
Got stopped twice in GU about BE ..

Last try was EU , a 35/ 50 bounce in M15 was my entry.. sloppy .. stopped me +15 , what a mess.
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDcM15.png 24.9. 16 pips stopped out.png Size: 34 KB
Click to Enlarge Name: EURUSDcM15.png sloppy 50 ´s bounce 25.9..png Size: 29 KB
Risiko birgt immer auch die Chance.
  • #12,143
  • Sep 24, 2015 5:38am Sep 24, 2015 5:38am
Funny Guido I took the same one and got out with +15

http://content.screencast.com/users/...7359/11.eu.png
  • #12,144
  • Sep 24, 2015 5:43am Sep 24, 2015 5:43am
Quoting Hugo55
Funny Guido I took the same one and got out with +15 {image}
well done .. , looking for another one around NY open
Risiko birgt immer auch die Chance.
  • #12,145
  • Sep 24, 2015 5:57am Sep 24, 2015 5:57am
Couldn't wait that long, took a new buy in extension of the first one for a quick 2*20 pips,
sorry not strictly by the rules...
http://content.screencast.com/users/...f9af/12.eu.png
  • #12,146
  • Sep 24, 2015 6:22am Sep 24, 2015 6:22am
Let's see if we can retrace back to the 35/50 lines on the E/U 15M for another buy...
  • #12,147
  • Sep 24, 2015 6:27am Sep 24, 2015 6:27am
Don't forget big news in an Hour!!!!
  • #12,148
  • Edited 12:41pm Sep 24, 2015 9:55am | Edited 12:41pm
Quoting Sesamstrasse
{quote} well done .. , looking for another one around NY open
and finally the cable scoop m15

Nicely steep 10 ema .. and nicely flat 35/ 50 ..

Out +20 .. finally a smile in my face today with all the dax scalping .

Im done .. cu tomorrow with new setups
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDcM15.png 24.9. scoop + 20.png Size: 32 KB
Risiko birgt immer auch die Chance.
  • #12,149
  • Sep 24, 2015 10:00am Sep 24, 2015 10:00am
Guido, I took long just before you did - on that touch of 10ma. Was it a legit first touch by the rules or the other two slight touches with pinbars made it actually a third (and therefore not by the rules)?
  • #12,150
  • Sep 24, 2015 10:20am Sep 24, 2015 10:20am
Quoting Jkdt
Guido, I took long just before you did - on that touch of 10ma. Was it a legit first touch by the rules or the other two slight touches with pinbars made it actually a third (and therefore not by the rules)?
Sounds like a early scoop.. but without charts I can t see it and say .. I m off today.. need to do my work .. Cu Tomorrow Guido
Risiko birgt immer auch die Chance.
  • #12,151
  • Sep 24, 2015 10:47am Sep 24, 2015 10:47am
Quoting Sesamstrasse
{quote} and finally the cable scoop m15 Nicely steel 10 ema .. and nicely flat 35/ 50 .. Out +20 .. finally a smila in my face today with all the dax scalping . Im done .. cu tomorrow with new setups Guido {image}
Guido, why did you open buy against H1, H4 and M15 35/50?
  • #12,152
  • Sep 24, 2015 11:16am Sep 24, 2015 11:16am
@ Guido, glad you made your 20 pips,

although I don't think I would have taken it, I was under the understanding that if you take a buy on the 15m
the trend on the higher time frames, hour and daily should be up and not down?
I would rather wait for price to go down below the lines on the 15m, then retrace and touch from below and take a sell,
that way all three time frames trends are in sync. like now!!!

I'm not criticising, but that is the way I understand it, let me know if I'm wrong.

@ Jkdt,
IMO, price has to first move away from the 10ema and then retrace back to touch the line, to count as first touch.
The first two candles you are talking about hadn't retraced yet, so therefore not a first touch in my humble opinion.
  • #12,153
  • Sep 24, 2015 12:10pm Sep 24, 2015 12:10pm
Quoting makron
{quote} Guido, why did you open buy against H1, H4 and M15 35/50?
Sure !
here we go :

As first we need to know , a scoop is a advanced technique in the choros system , not made for the not soo good experiented traders .. and more risky!
A scoop is momentum driven and works counter!
We know , the m15 is the trend of the moment .. yes ?? .. everybody follow ? okay..
More basics =I accept only the first touch as a " real " touch !!! the second is for me very risky and I expect as break !!

H1 we had a first touch 35 sma before and we had enough space to my target , it was much below 50 ema h1 .. right ??
H4 10 ema a second touch as well , right ??
In the M15 ( trend of the moment ) , the price bounced on the round number ( 50 level ) and came to my very flat 35/50 right ??
And now look how the price respected the flat MAs !!!
Noo , no respect !! only the 10 Ema / very steep was nicely respected !

and that was my view how to trade the market in this kind !
Second thing what is important to know is timing!!
In the european morning , we have often breakouts in trend direction .. in the european afternoon , we have often retraces,
or fake breakouts when US comes with new " money" in the market.

and one thing is always the same :
The big fishes try to shake us out .. shaking and shaking until our accounts melting..
So keep an eye on the candle sizes !! , the steepness, the wicks , round numbers.. first or second touches .. and so on !
Guido

Quoting Hugo55
@ Guido, glad you made your 20 pips, although I don't think I would have taken it, I was under the understanding that if you take a buy on the 15m the trend on the higher time frames, hour and daily should be up and not down? I would rather wait for price to go down below the lines on the 15m, then retrace and touch from below and take a sell, that way all three time frames trends are in sync. like now!!! I'm not criticising, but that is the way I understand it, let me know if I'm wrong. @ Jkdt, IMO, price has to first move away from the 10ema and...

Explained my trade to makron .. give it a view.. if you have more questions , please ask .. tomorrow I ll answer..
Now its time for dinner and have a life
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png 24.9. to 25.9..png big bic first touch 35 sma.png Size: 31 KB
Click to Enlarge Name: GBPUSDM15.png 24. to 25..png scoop marked washout.png Size: 31 KB
Click to Enlarge Name: GBPUSDH4.png 24 to 25.9..png Size: 34 KB
Risiko birgt immer auch die Chance.
  • #12,154
  • Sep 24, 2015 1:50pm Sep 24, 2015 1:50pm
Decided to take a sell on the G/B discussed earlier, took some waiting, I got in a bit early,
but happy with +15 pips to finish the day, total 59...

http://content.screencast.com/users/...2b26/15.gb.png
  • #12,155
  • Sep 24, 2015 3:17pm Sep 24, 2015 3:17pm
With the pip count.
If i buy at 1.11900 and sell at 1.12074 = 174
But this are 17 pips.

Thx for the spread explanation from Sesamstrasse.

After my holiday i ´ll want to overshoot.
  • #12,156
  • Sep 25, 2015 1:35am Sep 25, 2015 1:35am
Good morning dancers !

Morning constrainment GA + 35 M15
and 2 more in Ea +27 +36 m 15 constrainment
-- 90 pips before breakfast ..
.. typical fridays

Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDcM15.png constrainment trade + 40.png Size: 32 KB
Click to Enlarge Name: EURAUDcM15.png +27 + 36.png Size: 32 KB
Risiko birgt immer auch die Chance.
  • #12,157
  • Sep 25, 2015 2:42am Sep 25, 2015 2:42am
Morning all,

Great deals Guido, now I see why you like Fridays....

Started the day myself with a quick +20 pips on the U/J, could have stayed in longer, but couldn't monitor it all the way.


http://content.screencast.com/users/.../17.uj_buy.png
  • #12,158
  • Sep 25, 2015 2:54am Sep 25, 2015 2:54am
Quoting Sesamstrasse
Good morning dancers ! Morning constrainment GA + 35 M15 and 2 more in Ea +27 +36 m 15 constrainment -- 90 pips before breakfast .. .. typical fridays Guido {image} {image}
After getting stopped twice in EU ( -4 and -6 ) I took a new one and it spent me more 25 pips....= more 15 pips..

NICE

Was fighting hard for my earnings ..
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDcM5.png constrainment 25.9..png Size: 25 KB
Risiko birgt immer auch die Chance.
  • #12,159
  • Sep 25, 2015 4:07am Sep 25, 2015 4:07am
Quoting Sesamstrasse
{quote} After getting stopped twice in EU ( -4 and -6 ) I took a new one and it spent me more 25 pips....= more 15 pips.. NICE Was fighting hard for my earnings .. Guido {image}

Nice one, fine tuning on the 5m.
  • #12,160
  • Edited 6:36am Sep 25, 2015 4:15am | Edited 6:36am
Quoting Hugo55
{quote} Nice one, fine tuning on the 5m.
no , no finetune .. M5 was the most clear view.. h1 was sloppy , and M15 too flat ... m5 was good
Risiko birgt immer auch die Chance.
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