That Daily candle close looks very bearish, so I think today I will be looking mainly for SHORTS. Nevertheless that D1 10EMA in confluence with Monthly Pivot and RN at 1.1150 is a LONG that I’m also planning to take very close to Monthly Pivot. D1 ...

CHOROS System

Crazy huh? Some times this setup works even if price gets there a bit late That was +36 pips move from the entry point.

CHOROS System

All targets were hit! We'll see how the Daily candle close to decide what to look for tomorrow. Happy trading.

EURUSD only

If price gets to the circle I will add to my shorts. That's a very nice H1 Scoop Down Setup.

CHOROS System

Didn't need to close the Gap to drop. First target at 1.1180 (Closing two shorts there) and second target at 1.1170. We'll see.

EURUSD only

That Gap created during the holiday shows some Bear power there. So, I think there is a chance that price will drop after closing the Gap.

EURUSD only

Thanks Guido.

CHOROS System

I got 85 pips with this one This Setup would be a first touch of the H1 35/50 in confluence with Weekly Pivot. Also H4 looks lije a Scoop-Down where price retraced to H4 10EMA in confluence with H4 50EMA and Weekly Pivot.

CHOROS System

One of my trades today. The others were not this clear, so not worthy for a post. I'm sharing so we all can keep learning. Things considered: 1. All Higher Time Frames are pointing down (That is using 35 SMA and 50 EMA direction, that is what we use ...

CHOROS System

Target hit

CHOROS System

After that 15M bar closed below Daily Pivot, I went short when price retraced to Daily Pivot. Draw Down was less than 4 pips before going my way. Already at BE+1 Targeting +12 pips. We'll see.

CHOROS System

Look to the left, the May 1st Daily Bar High set a very strong resistance level at that area because it had a strong reaction on that date. That means that some reaction was expected when reaching close to that area. The place you entered was ...

CHOROS System

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CHOROS System

What to expect after this? Since we are at the High of the May 1st Daily Bar level, I would wait for price to close below M15 10EMA, preferably below Daily R1 and even below 1.1250 RN, then I would expect price to go up again to touch M15 10EMA from ...

CHOROS System

Target hit within 15 minutes. I love Choros! image

CHOROS System

That was fast, I'm LONG already at BE+1 Expecting only 10 pips. because we are at the Higher High of the May 1st Daily Bar.

CHOROS System

Possible LONG: EURUSD very steep M15 10EMA in confluence with RN at 1.1250 and Daily R1 at 1.1253. 1.1250 RN looks nice for a bounce.

CHOROS System

This could be turning into a Scoop-Up Setup. We'll see.

CHOROS System

Closed it manually at +20pips after that M5 Pin Bar at that Support Level.

CHOROS System

This is a H1 10EMA entry fine-tuned on the M5 Time frame. My entry was exactly after the close of the last M5 Pin bar that actually touched H1 10EMA.

CHOROS System