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- wealthmaster replied Apr 17, 2014
EURJPY +8 35/50 Trade, Also 1hour 10 EMA, Entered after 5 min bullish candle, That confirmation shaved 6-7 pips
CHOROS System
- wealthmaster replied Apr 17, 2014
Did you enter right at the 10 EMA touch or did you wait for 1 min PA, Because there was no 2bar touch.. Thanks
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- wealthmaster replied Apr 16, 2014
yeah... I will continue to post setups.. winner or loser . You and Kostas, Please feel free to comment.
CHOROS System
- wealthmaster replied Apr 16, 2014
GBPUSD +18 15 min 10EMA, Nice Angle on 35/50 , Constrained by 10EMA .. Enter after 15min Hammer.
CHOROS System
- wealthmaster replied Apr 15, 2014
I guess you also don't wait for bounce confirmation like Kostas does. That's why you get away with 9-11 pip stop. For bounce trade Kostas most of the time wait for rejection candle/PA on 1/5 min, means 4-6 pip late entry, so that's why he use a ...
CHOROS System
- wealthmaster replied Apr 15, 2014
Ok... I would try to stick with 11-14 pip stop.. I think Kostas use 14-18 pip stop on GBPUSD. Am I right?
CHOROS System
- wealthmaster replied Apr 15, 2014
Yes, I tried the BE stop on previous trades and found my BE trade hit too often and then continued in direction as well.. I also found that If I use 10-12 pip stop on pair like Eur/jpy then it's not enough so I gave a room of 18 pips.. 22 pip ...
CHOROS System
- wealthmaster replied Apr 15, 2014
Short using 18 pip stop, Right after 5 min rejection candle 15 min 35/50 nice angle and parallel 1 hour 10 EMA 4hour 10 EMA Daily Pivot After hitting my STOPLOSS price went in my favor. Any suggestion ?
CHOROS System
- wealthmaster replied Apr 15, 2014
Nice one.. How many pair do you watch?? And your stoploss was right at the pivot point in this trade. Don't you give a little bit more room to breathe?
CHOROS System
- wealthmaster replied Apr 13, 2014
Thanks for your reply mate... But still I am still not really sure about your money management. Do you calculate your risk pip on trade by trade basis or fixed flat lot per day? example with numbers would be excellent for understanding.
CHOROS System
- wealthmaster replied Apr 10, 2014
Thanks for your input Kostas, Ya GBPUSD is very volatile.. I closed the trade once I saw rejection candle on 5 min.
CHOROS System
- wealthmaster replied Apr 10, 2014
Means your risk per trade is now 1%? and you stop trading at -2%? Did I understand you correctly?
CHOROS System
- wealthmaster replied Apr 10, 2014
Here is my first trade. 7 pip winner on GBPUSD. 4H 10EMA , Daily Piviot. Entered on 5 min pinbar. Stoploss was 18 pips .If I held it I would have got 18 pips. Was it okay ,Kostas? image
CHOROS System
- wealthmaster replied Apr 10, 2014
Means your risk per trade is now 1%? and you stop trading at -2%? Did I understand you correctly?
CHOROS System
- wealthmaster replied Apr 9, 2014
Excellent! Thanks Kostas for still being around here. I was reading this thread and manual for the last 4 weeks and finally get a grasp now. Kostas, I have a question for you about your money management. I was reading earlier you had 30-40 pips for ...
CHOROS System