DislikedHi, Funbux. I'm not a pro trader (yet!) but I like constrainment trades. This is not a bad setup, but not AAA IMHO.
...
Hope this helps! Mega pips to you!Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f601.png?v=15.1)
CHOROS Interactive 2,625 replies
Money management for CHOROS and other strategies 2 replies
I want to pay off my mortgage asap with Choros 181 replies
3-9% a day with CHOROS? 63 replies
Would you trade this system? New system #2. 10 replies
DislikedHi, Funbux. I'm not a pro trader (yet!) but I like constrainment trades. This is not a bad setup, but not AAA IMHO.
...
Hope this helps! Mega pips to you!Ignored
H4 10EMA trades usually gives a lot of pips when the setup is right, so I decided to give this trade a chance for 9 hours (that is a LOT of time for CHOROS) and it resulted very well.
Happy trading to all.
DislikedHi guys,
May I ask which chatroom are you guys refering to? Can I join it as well?Ignored
Dislikedhttp://www.scribblar.com/4qxy4df
this is no substitute for reading the thread though. all the info is hereIgnored
DislikedIgnored
DislikedQuite far away from that reaction (60 pip), so there should have been enough space.Ignored
DislikedI was chatting with our fellow traders today, explaining what I’m currently doing to trade H1 10ema and H4 10ema consistently and profitably....Ignored
DislikedI was chatting with our fellow traders today, explaining what I’m currently doing to trade H1 10ema and H4 10ema consistently and profitably. So I got inspired by that chat session and I have outlined some rules I use for those trades transcribing and ordering what I said on the chat room.
Here you can find an addition to the basics for trading H1 10ema and H4 10ema CHOROS rules including a typical “before, during and after” example.
Rules:
First: Wait until the confluence of at least 4 levels (let’s...Ignored
DislikedHere you can find an addition to the basics for trading H1 10ema and H4 10ema CHOROS rules including a typical “before, during and after” example.
Rules:
First: Wait until the confluence of at least 4 levels (let’s say M15 35, M15 50, H1 10 and Daily Pivot) has a maximum height of 15 pips between all of them, the order doesn't matter, but all of them have to be inside that 15 pips area, if it’s less, that’s even better.
Second: Make your entry on the first touched level. This rule helps to avoid...Ignored
DislikedHi, looking to learn to identify Constrainment Setups, so will hopefully pick some out of the past and get confirmation, or comments, on my selections and then try doing it in realtime.
So comment away,
Here is a setup and result for what I saw as a Constrainment on GU M15 on 11/24/2011
thanks.....Ignored
DislikedHaydel, That is excellent! Very well thought out and documented. I for one will take note and watch for these setups, they look pretty straight forward to identify and obviously profitable in this case.
Thanks for sharing that!
One question I have regards the Pivot indi you use. I am using two different ones and both of them show the DP for that day about 20 pips below the one you show.
I have serious misgivings about using Pivots for just this reason.
Anyways, I have a DP of about 1.5740 vs yours of about 1.5760.
I am using the indis: fxbc_S&R_pivots...Ignored