CHOROS System

Quoting Sagramor

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{quote} keep it up! I took a quick profit long EJ earlier too... only took 12 pips, could have had 50 out of it. BUT profit is profit. I would rather take my slice than see it taken back. {image} I was on the sidelines for a while because my wife and I had our first son in January... been busy with a lot of things hahaha. Then August came around with low action as usual. I'm back at it now, and it's nice to see things heating up in the market after the summer holiday. Green pips to all!

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Quoting kostas1

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{quote} Congratulations buddy! Baby pips beat our pips by orders of magnitude......

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Quoting Sagramor

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{quote} keep it up! I took a quick profit long EJ earlier too... only took 12 pips, could have had 50 out of it. BUT profit is profit. I would rather take my slice than see it taken back. {image} I was on the sidelines for a while because my wife and I had our first son in January... been busy with a lot of things hahaha. Then August came around with low action as usual. I'm back at it now, and it's nice to see things heating up in the market after the summer holiday. Green pips to all!

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Quoting kef2138

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{quote} I suggest you be quick about moving your SL to BE, because GJ stopped on a powerful support at 135

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Quoting Eagle Trader

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Anyone traded this crossover of 35/40/50, and test of 35/40/50 on top of each other? I was in doubt, and didn't trade it... It was goog for 10 pips. Just an observation. {image}

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Quoting Eagle Trader

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I missed another entry... AUDUSD I was waiting for price to touch 15 min 10 EMA, but it didn't. What we see now is that price moved downwards and dragged the 10 EMA. It was NOT a real time touch, then reversed. The 5 min chart touched the 13 EMA (I saw Kostas uses it on 5 min chart). Could my entry be at the touch of the 5 min 13 EMA touch? Or could it be after the candle broke down the 13 EMA? Any help is really appreciated... {image}

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Quoting kostas1

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{quote} Correct EMAs for M5 are 12 and 23. (The AU trade you describe was a nice 23 bounce...) If you don't want to get confused between TFs you need to decide where to get your signal. If you have decided to take it from M5 stick with M5 for that trade, otherwise you may get conflicting messages from different TFs and get further confused.

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Quoting kostas1

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{quote} Correct EMAs for M5 are 12 and 23. (The AU trade you describe was a nice 23 bounce...) If you don't want to get confused between TFs you need to decide where to get your signal. If you have decided to take it from M5 stick with M5 for that trade, otherwise you may get conflicting messages from different TFs and get further confused.

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Quoting Sagramor

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Today was a losing day for me - but it comes with a lesson, as usual: I mostly use a trade platform provided by my broker, and I like it because I can open it on any computer (either work or home) to place and monitor trades. I have a profile saved with my usual Choros layout, but somehow it was deleted on their server... so I opened a different profile that I thought was a Choros profile (looked identical) and used that layout of indicators for today's trading. I traded two M15 EMA 10 touches this morning - one on EJ and one on NU - both looked...

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