Hi Mr Bear + 25 pips today on my only two trades. So I'm quitting while my luck holds. Second trade was a 10 pip but not strictly a dance trade so I didn't post it. Have a great weekend and see you all on Monday. !!!

CHOROS System

First trade today — Hi all Just got home from a very nice round of golf. Saw an opportunity on the Eur/Jpy and made 15 pips. I'm going to stop using a trailing stop, I keep losing loads of pips. Look at it now!!! had mty original TP at daily ...

CHOROS System

Fair enough Ok Pivots are just S/R and you could just work them out at the start of your trading day and mark them on the chart, you don't need an Indi to plot them, it's just easier and S/R is part of the Dance rules. We'll have to agree to differ ...

CHOROS System

Firstly, I never said it touched 10 Ma, I didn't even mention Touch trade. It was a Price action trade against Resistance. Quote :- 1. Entries are ALWAYS at either a S/R level represented by one of the Round Numbers, a rejection off one of the ...

CHOROS System

Ok, here's my take on it for what its worth. There was a Dance trade there, even though there were more than two down bars. If you look at the last downward bar, it was a pinbar at Daily resistance, so Price Action trade. Also a bullish doji was ...

CHOROS System

GBP/USD — Took another one Retrace to Round Number. +10 pips Made my pips for today.

CHOROS System

First trade today — Took this one on Eur/Usd. Price retraced to Daily pivot and I took my entry based on M5. We'll see how it goes. I opened two positions on this one. First closed at +10 pips. Trailed stop on the second, stopped out at ...

CHOROS System

Yes I spent hours last weekend trading on the simulator, and those M15,50Ma bounces are really good trades to take. Also using the simulator has made me realise that a lot of my losing trades happen because of impatience. You really have to wait for ...

CHOROS System

Nice trade Caj I missed that one , Darn this 9-5 job, looked at the chart just a little too late. Must train myself too keep looking at the candle close. Cheers Simmo

CHOROS System

I think everyones positioning before Fridays adp news also the ECB three-month LTRO low news is out today.

CHOROS System

Anyone had any trades yet today ? I'm struggling to see any at the moment.

CHOROS System

Another GU Trade — Got back in on another GU. Bounce off 35/50 MA's. Good point about the separation of MA's Kostas, thanks for that.

CHOROS System

Interesting that ! I also took this trade short, but as I have the 1Hour Ma's on the 15m chart I actually entered when the 15 min bar hit the 1 hour 50 MA. It did carry on up and respected the bounce off the 5 min 35Ma which I find strange, since ...

CHOROS System

Todays Trade — Took a quick trade off the Aus/Usd earlier today,opened the trade, set up the visual order editor and went off to play golf , came home to find a +15 profit. I love that sort of trade. As it happens I probably would have done ...

CHOROS System

Possible Trade ? — A break of Round Numbers and then a bounce. What do you guys think ?? GU by the way

CHOROS System

Thanks Lou, on those words of advice I jumped in with both feet on the next retrace and bagged 50 pips Thanks

ALF revisited - simple, effective daytrading

Hi Lou First of all thanks for the system. I'm enjoying using it. I have a question regarding trade entry. I've attached a picure which shows Alf is very flat, If anything moving up Slightly, but the PA is down and Alf is not reacting at all ...

ALF revisited - simple, effective daytrading

First Trade — Went for a two bar retrace to the 10Ma. Got my 30 pips for today.

CHOROS System

Good trade, I completely missed that one. Think I'll get the motorbike out the garage and blast the cobwebs out

CHOROS System

Any Trades today Kostas ??

CHOROS System