Subscribing

The basket of Hybrids; 4 Pairs

@ DeepBlue You are correct in your interpretation of the FIFO rule. The trades are averaged and when u attempt to close lots they will start with the first lots up to the number u indicate. So as in your example yes trades A,B, and C will be closed ...

Building an equity millipede

subscribing Long term trader here.... with long term psych too LOL Peace Jess

The Winning Trading Psychology - sure way for consistent profits

subscribing

Chamunda's MultiCurrency Strategy

Hi folks this is my 1st post. Hats off to Graeme (clap clap) And to all of you guys too, for hanging in there and asking great questions. FYI: I am a Jesse Livermore trader. I see alot of the JL approach and mentality in this thread. My thing is: ...

Building an equity millipede

Bro, Missed it. I was on a travel LOL. If it isn't cause I am sleeping then it's cause I am on the road!! LOL.. too funny. No sweat... just wait for price to do it's thing and get on the next opportunity Jess

CHOROS System

I stand correct!!! You are right this is not necessarily scalping. I think I relate it to scalping cause of the time u need to spend on the screen and how u sort of baby it. Where as in the longer term setup u place your orders and turn off the ...

CHOROS System

@ Intu and Bear: Guys you executed a trade that is a little more in the experienced side. As you get use to the rules u start to SEE how price reacts around the RN levels. @All I recommend u try to relax and keep it kool as you SEE any possible ...

CHOROS System

Mr Kostas1, very kind of you... thnx. As soon as price allows I will demonstrate some long term stuff utilizing the Dance strategy as a guide to enter the best price... Stay tuned should be fun.

CHOROS System

Two in row.. — Sorry for the late image. Funny thing though in this case I just reacted... I didn't look for all the conditions to be there. I just SAW the BASIC requirements and TOOK the Trade. 1. Price hits a RN level 2. 35/50 are parallel ...

CHOROS System

Dancing with GBPJPY — Folks: It's been a while since I posted. 3 reasons. 1. I am a very LONG term trader 2. I am very picky with this strategy...ALL CONDITIONS and SETUPS MUST BE THERE 3. I have missed every opportunity you guys show because ...

CHOROS System

BlackCat2 as Kostas1 indicates it is a Ping Pong area and involves a more advance trade. But for future reference if you see a RN level and a S/R right on one of the MAs when they are separated it's worth a try. Now I tried this on a longer term ...

CHOROS System

Closed Long Term Trade at -100 — ok folks I closed the Long term trade for the EURUSD @ -100 pips. I am now going to wait for it to hit around 1.2550 and then place a antihedge stop order to sell at 1.2500. so what do I do now? But of course I ...

CHOROS System

Here's a LONG TERM for u to check out — Folks: As I indicated on my 1st post of this thread I am a very LONG TERM trader LOL. I use the Jesse Livermore Approach. I have added the Dance strategy to help me find the best price possible to ...

CHOROS System

@lindsay and Hiram. I personally would not of taken the trade. Here is the what I would of looked for in that trade 1. Are the MAs tight? Yes they are. 2. Did price retrace by two BARs up to he MAs? Nope.. it took several bars 3. Since the two bar ...

CHOROS System

EURJPY trade — Folks: I took this trade just about before the London open. I think it was around 1:15AM EDT. I didn't post it then cause I was really tired. I basically entered the trade, caught the snap shot, and went to sleep LOL. Here is ...

CHOROS System

This is what I see your SETUP was. 1. It's a Pin Bar that stopped near the MAs 2. MAs are tight 3. The bar also stopped near a RN 4. At the top tip of the pin there seem to meet a nearby S/R So with those things in mind it was an acceptable trade to ...

CHOROS System

Fugly it is not only the touch that you have to SEE, u need to see a combination of the other things. RN, immediate S/Rs, tightness of MAs, confluence of several MAs. So if u don't detect some combination of that info you should be able to filter ...

CHOROS System

@Fugly As Blackcat indicates Clay would take at the touch and not the COB. There are certain times you would wait for COB, but those are few. The idea is that when u take the trade at the touch instead of COB you get most of the move. This also ...

CHOROS System

Here's a good example — This is an example of a contrainment setup I saw yesterday. Ignore the indicator below it. The trade would of been taken off of one of those small candles touching the 1H 10MA(blue dotted line) that are between the ...

CHOROS System