The BS Thing (Bolly Scalp) — Hey MMM. You may be onto something here. I've been looking at variations of what you posted, and I think I'm likin' the reduced lag bollies quite well. Here's what I'm seeing; Using only the 5m chart, Bollinger ...

Leading indicator & Scalping Method

The Bernanke Factor — Thanks to lightning communications news does this to the market. I recall one Sunday afternoon (Calif. Pacific Zone) while I was setting up my charts, I noticed that the euro had moved up nearly 100 pips in less than 1 ...

CHOROS System

Spreads — That's what I thought. Thanks for clarification.

CHOROS System

The GU was a tough call. I also kinda liked the entry (did not take it 'cause am only observing today) because it was just above the RN 50. The goofy thing about the GU is that it was playing all around the 50 yesterday too. Maybe GU doesn't respect ...

CHOROS System

The Spread — One thing I'm not clear on is in reference to the stop loss. Here you mentioned you got out @ -3. Does that mean you got out at -3 which includes the spread? The same question applies for all stop loss references. If the spread is ...

CHOROS System

10 ema 1st Touch — Thanks for pointing out the 10 ema 1st touch. I thought that I had noticed this quite often. It's kinda like that bread crumb thing, uno following the clues. I like sorting and organizing little details about all trades. Am ...

CHOROS System

8^0 — Please, no room for digression .... NEXT "Doubt, of whatever kind, can be ended by action alone." ~ Thomas Carlyle 1795-1881, Philosopher and Author

CHOROS System

4 Candles — One more red flag, on this trade, is that it took 4 candles to reach the 35/50 on the 15m. One of the main tenets of the dance, I believe, is valid set ups need to retrace in 2 candles or less.

CHOROS System

Scofflaw @ Work — OK, I know this doesn't fit the hard and fast parameters of the Dance, however I've seen this work time and time again. This is the GU 5m & 1m charts about 5 minutes after the news, which was modestly GU favorable. After ...

CHOROS System

Less Trading, More Filling — No Kidding. In my attempt to get a handle on the various details needed to conduct a high probability entry, I realize I'm overtrading. If you recall Kostas mentioning that once he reaches 30 pips for the day, he's ...

CHOROS System

E/U Replaces G/Y (The Beast) — I couldn't agree with you more Whenever. The E/U has mostly always been a dog of a mover. However, since May, things have changed drastically with that pair. Over the last 20 day period the gbp/jpy (which is ...

CHOROS System

Brain Surgery (Non Invasive) — Originally posted by DuffyPratt "I'm also primarily focusing on Dance trades. I like your observation that bounces don't work when the MAs diverge. It shows that there is still a bunch to be learned from ...

CHOROS System

These are great points. I'd like to think that there are firm answers for all of them. At best, any thing you can say about forex rules is that they are theorems, and (unfortunately) not mathematical fact. "I am realistic - I expect miracles." ~ ...

CHOROS System

The Divergence Thingee! — Great tip Survivor. I know this is covered in the manual, however constant reminders REALLY REALLY HELP! Thanks.. url "I know the price of success: dedication, hard work and an unremitting devotion to the ...

CHOROS System

Constrainment Also? — I believe this trade could have also been entered earlier (a completely separate trade) once price was contained by the 10 ema for a number of bars (About 7 hrs earlier). Would appreciate more experienced trader comments ...

CHOROS System

I Would Never.. — I would Never take a bad trade myself.. & the checks in the mail & all of those other not quite "Trueisms"! Sheesh, tell me about it. I had the same kind of day, without getting back to BE. I believe I had 5 ...

CHOROS System

String of Losses — I know just posting winners is the boastful thing to do, however I also try to explain my entire process to not only help others, but by writing this stuff down, I am bolstering and reinforcing the why & what for myself. ...

CHOROS System

LO Open + 90 Minutes — OK, I starting to believe this is something worth shouting about. Same day 3 positive trades in a row. This one is perhaps my best set up of the day, a +4 (according to the new Trade Checklist, Thanks again Clay) to the ...

CHOROS System

00:00 GMT - 8pm Eastern — This is an afternoon trade (Pacific Zone) about one hour after Tokyo open. It's another counter trend trade, which is always hairy. There was actually a much better (pip wise) trend trade immediately following this, ...

CHOROS System

18:30 GMT / 1:30pm Eastern — OK, call me nutz but I like to check out the charts after the Wall Street boys get back from lunch. (maybe a 2 martini lunch, or whatever the preference is today). Set ups are not always there. Here's a shot of a ...

CHOROS System