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- 158 Results (156 Replies, 2 Comments)
- Whatsmyname replied Jul 7, 2014
Confluence trade on GU. 10 EMA on m15 and 35/50 on m5. I did not take the touch of the 10, as price needed more than 2 candles to get there. Sl is 9 Pips. This one might go to the round number. The 1,71 is pretty interesting as 10 EMA D1 is sitting ...
CHOROS System
- Whatsmyname replied Jul 7, 2014
Thanks for the heads up. Very true. Your style must not suite mine. What I meant is, I'll move my stop accordingly. I noticed, I try to run 100 pips with every trade I make. So I decided I'll go for quick pips. 10-15 Pips. Just like what I did with ...
CHOROS System
- Whatsmyname replied Jul 7, 2014
Ah, nice to know. Very interesting. I will put that in my decisions. It looked like this one will run and run.
CHOROS SystemCurrently looking for an entry on EJ. Touched the 10 just now. But I didn't enter. Following price action on m5 to determine if there ...
- Whatsmyname replied Jul 7, 2014
My EJ trade today. Just got stoped out for a 14 Pip gain. Took this trade as a 35/50 Touch trade. I fine tuned my entry on the m5 tf. Saw the price moving back in the upper shadow and entered the trade with a 7 pip sl image Moved sl to BE+ tiny ...
CHOROS System
- Whatsmyname replied Jul 7, 2014
You managed your position better.
CHOROS SystemI chickened out on the smaller time frame trying to keep the loss as small as possible. Looking at the chart now, I was too focused on the smaller TF.
Actually the move up would have been a good ...
- Whatsmyname replied Jul 7, 2014
My second trade of the day was the GU. Pls advise me on this one as well. I took this trade, cause of the prior downward preassure. On the m5 TF I saw 10 EMA scooped down and price was not able to break the 50 EMA. I took this trade of the ...
CHOROS System
- Whatsmyname replied Jul 7, 2014
Thanks Guido. The arrows only mark the candles I entred and exited. The entry you can tell by the dotted green line. Same goes for the stops. But the exits price is not shown. My entry was 10.004 and 1st exit 9888 and 2nd 9985
CHOROS System
- Whatsmyname replied Jul 7, 2014
Yeah, I the chart looks messed up. I use the higher TF MA on the shorter TFs. Meaning the m15 chart has the H1 50 EMA (red dashed), 35 SMA (black dashed) and 10 EMA (purple dashed) and the D1 50 EMA (red dashes and dots), 35 SMA (black dashes and ...
CHOROS System
- Whatsmyname replied Jul 7, 2014
This is my second trade of the day. Closed for a total of 17,5 pips. I tryed to stick to one currency only (GBP/USD) but decided to expand today. This is my DAX trade. I jumped on after I saw the Doji at the 35/50 confluence with a 12 pip sl image ...
CHOROS System
- Whatsmyname replied Jul 7, 2014
Good morning everybody, I was eyeing E/Y just now and trying to filter possible trades using the 1 min tf. Now the market moves without me. But as everything has also a bright side, the good thing about this one is, I did not try to catch the move ...
CHOROS System
- Whatsmyname replied Jul 3, 2014
I think I see the mistake I did with my trade. Observing the charts, before I made my entry the market did retrace and touch the 10 EMA quite a few times. Adding to that, price action shows some support at the round number below and the long wicks ...
CHOROS System
- Whatsmyname replied Jul 3, 2014
My first trade did get stopped out while I was preparing a screenshot. But now after I took the trade I see things I didn't pay attention before the entry. I just started the platform and the setup just jumped into my eyes. I saw the two bar retrace ...
CHOROS System
- Whatsmyname replied Jul 2, 2014
I know I have posted a lot today. Dancing gets me excited and I want to learn to dance as fast as possible. Thanks for all the input I get. My first trade was rather a lucky punch. Entered long on flat MA as Sesamstrase pointed out. Thought of the ...
CHOROS System
- Whatsmyname replied Jul 2, 2014
I did close my trade just now for a profit of 22pips. Reason for manually closing the trade is, H1 reached a price level it struggled before. So this time I did exit the trade manually. p.s. the red line marks where I got out
CHOROS System
- Whatsmyname replied Jul 2, 2014
I know exactly how you feel. It does strain your mind big times and gets frustrating. This adds preassure on alread existing preassure. Sesamstrasse has a good point. When that happens and you start getting frustrated (which happens a lot of times ...
CHOROS System
- Whatsmyname replied Jul 2, 2014
Hi jhezzz, your psychological question may not address me as I am still bloody green behind my ears. Personally, I hate giving up. So it is not an option for me. I still practice on the simulator. And to be honest: I am not profitable on the ...
CHOROS System
- Whatsmyname replied Jul 2, 2014
Continuation of the above trade. I did move my stop to BE (+a tiny bit -less than 1Pip) image Eventually moved my stop loss again to lock in more pips. BE + litle less than 6 Pips image Now I see price retracing back to 35/50 also in a ...
CHOROS System
- Whatsmyname replied Jul 2, 2014
Yes true. I did look at the Calendar. Must have slipped my eye. I am out now with the sudden move down. But found an entry on the bounce of the 35 SMA H1. I did enter using the 5m tf. It seems like pa on m5 shows support which might be good for a ...
CHOROS System
- Whatsmyname replied Jul 2, 2014
I did take another trade just now on E/J. This one is a counter trend. I took this on a bounce of a s/r confluence with 50 EMA (m5 tf). I used a tight stop loss of about 5pips. What do you guys think? p.s. I did modify my chart again
CHOROS Systemp.p.s. I did ...