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CHOROS System

  • #13,021
  • Mar 23, 2017 12:01am Mar 23, 2017 12:01am
Quoting kostas1
{quote}
35 SMA = 35 Simple MA? or Smoothed MA?
  • #13,022
  • Mar 23, 2017 10:35am Mar 23, 2017 10:35am
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYcM15 23.3..png Size: 31 KB
Risiko birgt immer auch die Chance.
  • #13,023
  • Mar 23, 2017 10:58am Mar 23, 2017 10:58am
Quoting Sesamstrasse
{image}


Done
Stay tuned #
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYcM15 23.3...png Size: 30 KB
Risiko birgt immer auch die Chance.
  • #13,024
  • Mar 26, 2017 4:17pm Mar 26, 2017 4:17pm
Quoting elvalove10
{quote} 35 SMA = 35 Simple MA? or Smoothed MA?
simple moving average
  • #13,025
  • Edited 2:15pm Mar 30, 2017 5:10am | Edited 2:15pm
Hi party people..everybody on the dancefloor i?

Here we go :
Could have taken the GU entry much better.. -- easier to set to BE in this case.. ... kicked it out around last candle high

And Ucad is just too sloppy for my taste

stay tuned
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDcM5 30.3..png Size: 26 KB
Click to Enlarge Name: GBPUSDcM15 30.3..png Size: 30 KB
Click to Enlarge Name: USDCADcM5 30.3..png Size: 33 KB
Risiko birgt immer auch die Chance.
  • #13,026
  • Mar 31, 2017 1:52am Mar 31, 2017 1:52am
Quoting Sesamstrasse
Hi party people..everybody on the dancefloor i? Here we go : Could have taken the GU entry much better.. -- easier to set to BE in this case.. ... kicked it out around last candle high And Ucad is just too sloppy for my taste stay tuned Guido {image} {image} {image}
nice work guido
I am trying this dancing as well now . not that good at it really after two weeks of practice
really great system though
  • #13,027
  • Mar 31, 2017 3:53am Mar 31, 2017 3:53am
+16 green ..
As a closing for my intraday trading the next weeks..
I used 2 of my holiday weeks for trading ..
NICE results..
Would be great to have more time for trading and less for work ;-)

Have a nice weekend
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDcM15 31.3..png Size: 32 KB
Risiko birgt immer auch die Chance.
  • #13,028
  • Mar 31, 2017 3:59am Mar 31, 2017 3:59am
Quoting Sesamstrasse
+15 green .. As a closing for my intraday trading the next weeks.. I used 2 of my holiday weeks for trading .. NICE results.. Would be great to have more time for trading and less for work ;-) Have a nice weekend Guido {image}
Nice job, Guido I was too early in this one, entered at DP and 10ema and got stopped before the news. Being patient pays off, glad you caught it

Have a nice weekend!
Everything is possible
  • #13,029
  • Apr 4, 2017 6:41am Apr 4, 2017 6:41am
I am guessing, I am not the only one that caught this one.....
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 42 KB
  • #13,030
  • Apr 4, 2017 3:06pm Apr 4, 2017 3:06pm
Quoting kostas1
I am guessing, I am not the only one that caught this one..... {image}
Sorry if it's silly question - can you explain the entry reasons? I want to understand your trading style of GU
On my way to financial independence - if others can do it - I can do it
  • #13,031
  • Apr 5, 2017 12:36am Apr 5, 2017 12:36am
Quoting Eur Usd
{quote} Sorry if it's silly question - can you explain the entry reasons? I want to understand your trading style of GU
Hey buddy,

This is the CLASSIC trade, bounce from 35/50 while the MAs are nice and parallel going down.
If you want to make this work you need to learn the two classic trades well:
1. EMA 10 bounce (the first)
2. SMA35/EMA50 bounce (the first)

Exercises:
a. See if you can find the first M15 EMA10 bounce on my chart above...
b. What do you see if you put my trade on the H1 chart???
  • #13,032
  • Apr 5, 2017 5:53am Apr 5, 2017 5:53am
Quoting kostas1
{quote} Hey buddy, This is the CLASSIC trade, bounce from 35/50 while the MAs are nice and parallel going down. If you want to make this work you need to learn the two classic trades well: 1. EMA 10 bounce (the first) 2. SMA35/EMA50 bounce (the first) Exercises: a. See if you can find the first M15 EMA10 bounce on my chart above... b. What do you see if you put my trade on the H1 chart???

Thanks, it's clear now. I struggle with GU. Am going away for 10 days, after coming back am coming back to fx - needed some break. Still far away from my target ;-)

What confuses me with GU is that the candles went quite behind all lines, and the entry was after they went back down.
On my way to financial independence - if others can do it - I can do it
  • #13,033
  • Apr 5, 2017 6:02am Apr 5, 2017 6:02am
Quoting Eur Usd
{quote} Thanks, it's clear now. I struggle with GU. Am going away for 10 days, after coming back am coming back to fx - needed some break. Still far away from my target ;-) What confuses me with GU is that the candles went quite behind all lines, and the entry was after they went back down.
its saver to wait for PA in your direction to entry. clays initial rules to sell/buy right at the MAs will cause more losses.
trading is like dancing, don't think and just listen to the music!
  • #13,034
  • Apr 5, 2017 6:04am Apr 5, 2017 6:04am
Quoting Eur Usd
{quote} Thanks, it's clear now. I struggle with GU. Am going away for 10 days, after coming back am coming back to fx - needed some break. Still far away from my target ;-) What confuses me with GU is that the candles went quite behind all lines, and the entry was after they went back down.
I agree with your last comment. It seems to me that GU tends to oveshoot lines more lately, but the clear signals mostly work. ALWAYS pay attention to the 35/50 being angled and NOT flat and you will be OK..
  • #13,035
  • Apr 5, 2017 6:19am Apr 5, 2017 6:19am
Quoting kostas1
{quote} I agree with your last comment. It seems to me that GU tends to oveshoot lines more lately, but the clear signals mostly work. ALWAYS pay attention to the 35/50 being angled and NOT flat and you will be OK..
will 20 pips s/l be fine? Do I wait till price moves away from 35/50 and then enter?
As much as I am amazed with your performance on GU I could never succeed in it.
On my way to financial independence - if others can do it - I can do it
  • #13,036
  • Apr 7, 2017 2:07pm Apr 7, 2017 2:07pm
Hi Kostas,

you mentioned a while ago that you have been using fixed-scale charts. Are you still using them in your trading?
If yes, do you adjust it every few months and how? I mean, the volatility changes over time, so I guess it would not make sense to use the same scale on currency from the time when average daily range was say 300 pips compared to this year when it is only 100-150 pips.
  • #13,037
  • Apr 8, 2017 8:03am Apr 8, 2017 8:03am
Quoting tonny47
Hi Kostas, you mentioned a while ago that you have been using fixed-scale charts. Are you still using them in your trading? If yes, do you adjust it every few months and how? I mean, the volatility changes over time, so I guess it would not make sense to use the same scale on currency from the time when average daily range was say 300 pips compared to this year when it is only 100-150 pips.
One of the most important points. Always use 200pips for H1, 150p for M15, 100p for M5. I only use normal scaling for H4. Never changed them back all these years, so I always have the same "feeling" about the action in my charts. For me it is so important that sometimes I got confused when I had to change from a 10" laptop to my 22" desktop computer... Maybe it's just me?
  • #13,038
  • Apr 8, 2017 4:04pm Apr 8, 2017 4:04pm
Quoting kostas1
{quote} One of the most important points. Always use 200pips for H1, 150p for M15, 100p for M5. I only use normal scaling for H4. Never changed them back all these years, so I always have the same "feeling" about the action in my charts. For me it is so important that sometimes I got confused when I had to change from a 10" laptop to my 22" desktop computer... Maybe it's just me?
I was curious if you would be willing to show your equity curve since your first post First Post: May 12, 2010 3:36am
?
I would greatly appreciate it !
  • #13,039
  • Apr 9, 2017 4:55am Apr 9, 2017 4:55am
Quoting thjw
{quote} I was curious if you would be willing to show your equity curve since your first post First Post: May 12, 2010 3:36am ? I would greatly appreciate it !
I usually ignore such posts but I will reply with a couple of equations:

In the beginning my account looked like : y = a(1 + r)^x


Later it looked more like : y = 1 / (1+exp(-t))


Read the thread for more clues.....
  • #13,040
  • Apr 10, 2017 9:00am Apr 10, 2017 9:00am
Take what you can and don t forget to run with profits ;-)

Today wasn t my day.. some rollercoaster trades in a sloppy market .. EU and GU tricked me a bit..

My " most beautiful " trade is here :
Target was the H1 " 50 " .. couldn t keep it for longer ..

For a " H1 " 50 bounce trade, the MAs showed a wide spread, so I skipped that one .



The next weeks will be full of work for me ..
So cu guys and dolls in may.

Stay tuned
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDcM5 10.4..png Size: 28 KB
Click to Enlarge Name: GBPUSDcH1 10.4..png Size: 33 KB
Risiko birgt immer auch die Chance.
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