Yeah EURAUD was where I got punished today although I made the 2% back on a constrainment entry just prior to that move down. Non-Farm employment news today which tends to create patchy volatility so might just sit out the rest and come back next ...

CHOROS System

having the worst week ever. Nothing seems to be working. -8% so far and probably need to just quit for the week. EDIT: recovered 2% so now only -6%.

CHOROS System

Had an complete brain malfunction this evening. Got impatient and entered trades that weren't even there and got sorely punished. Down almost 4% on account which isn't too bad but really disappointed in myself. Taking the rest of the evening off as ...

CHOROS System

Very quiet out in the markets.

CHOROS System

I have a question that I haven't seen answered in the manual or the original dance thread (I haven't gone through all of Choros yet). In the screenshot below on the M15, price has move down and bounced off the 50EMA. Ideally I would have entered at ...

CHOROS System

Always a help Sesamtrasse. Thank you. I am really starting to tune into this method which compliments perfectly with other price action s/r level knowledge that i had before coming here. This strategy now allows me to trade both short and long term ...

CHOROS System

Just goes to show, the rules are there for a reason. It's not all good trades. Here's a bad one that I made earlier where I 'thought' the P/A was turning prior to the M15 35 & 50 levels which at the time were joined together. There was also H1 10EMA ...

CHOROS System

I believe that's the one. I had to select it in order to use a fast order EA that sets lot size, SL, TP, etc (i.e. similar functionality to the scripts). However, I don't personally use the scripts from this system so can't be sure it will work.

CHOROS System

Thanks for the feedback and tip. The trade would have been more comfortable and not have gotten as close to my s/l if i'd done what u suggest. Good tip that i'll file away for next time.

CHOROS System

GBPAUD M15 bounce trade off 35SMA. Also H1 confluence @ 10EMA. A real leap of faith this one to buy in strong selling. SL 10 TP None image not going too well so far but still in the trade. P/A missed my stop by a pip Please ignore green line. It's ...

CHOROS System

Thanks for the feedback sesamstrasse. Once you've finished your DAX hunting I'd be interested in your advice on where I should have entered because I can't see where I could get in 7 pips sooner?

CHOROS System

1st attempt at a constrainment trade on EJ 15M. 3 x bars seem constrained by 10EMA + RN confluence. 8 SL Open TP (currently set at 44) image stop moved to BE + 5. If we can break above Monday's high @ 139.17 then we could see a run up to 139.28 ...

CHOROS System

I counted 2 before i went for the third but it was also a 1st touch on the 15M @ 35EMA.

CHOROS System

Great trade Sesamstrasse. Here's my GJ 15@ 35EMA and H1@ 10EMA. not going well so far....stopped out -15 in no time at all. and now it has rebounded sharply off the 50SMA image

CHOROS System

That's me for the evening as I feel that after all those big moves, the markets will be quiet or at best choppy from here. Effectively a BE day for me. Happy hunting everyone.

CHOROS System

I like it. Think I'll print that out and keep it visible at all times. BTW thank you very much for your efforts with this thread Kostas, Clay before you and sesamstrasse for your ongong rule updates. While I certainly don't have it ...

CHOROS System

Did you mean a big gap between the 35EMA and 50SMA on the H1? image

CHOROS System

It certainly didn't stop there or the round number . Unfortunately it wiped out my earlier gains which were on half position and this was on full. Oh well... next!.

CHOROS System

Short on GU M15@10EMA (3 bar touch but very very close to being 2 bar so took it anyway) SL = 8 TP target = 25 Stopped out -8 image image

CHOROS System

Confluence bounce off 15M @ 35EMA, 1H @ 10EMA(2-bars) and RN. Half normal position size due to the size and momentum of the fall. Should have closed at +25 but waited a bit too long and got out at +17. image image

CHOROS System