yes, good call, that is why the 145 works

CHOROS System

Thanks Kostas, You may want to edit that into the first page: MM is on page 72 post 1080. I have only made a few pips but am facinated by this method. Thanks to all who are sharing! I added and 89 simple and a 145 simple ma. You'd be amazed how many ...

CHOROS System

News in 7 min, mr bear, big news!

CHOROS System

Thanks for responding! Ps: I just took my first small ma trade on gu, shorted at 89, I'm up 11! Now I have to practise getting out!!!!

CHOROS System

Nice going Kostas, I wanted that one too, but I passed because of the news release. I guess you just ignore those? Or just the yellow ones maybe? Or because it was for the Euro and you took the gu? Michael

CHOROS System

Thanks Kostas, That makes sense and mostly answers my question. And you guys just take the trade when it touches, eh? Amazing. I downloaded the 74 page .doc manual, Thanks again! @ 3% per day we can be very wealthy in a year or two! Michael

CHOROS System

Thanks Hova, Does "on top of each other" mean that the MA's were touching or very close?

CHOROS System

Thanks for posting that HOVA. You guys are taking these right as they touch the 50 ma right? So please look at my chart. The first oval with the arrow: Is this a losing long trade? Thanks for clarification. I'm using a similar system where I enter ...

CHOROS System

[quote=caj1986;3855883]I have another screen shot here (sorry if I'm bombarding everyone too early in the morning ) Constrainment again on the 15min (according to my definition, feel free to correct me) and a dark-cloud cover PA bar on the 5min ...

CHOROS System

Wow! I was far too slow getting out of my long as a short cross occurred. The new hour candle sold off very quickly. It opened at 1.6481. I got out at 1.6467. Then I put in an order to short at 1.6481 and got filled. So I made +79 on the second half ...

Milking The Cable Trend

Yes Misterdaz, TY. I do look at the ADX once in a while, but when it shows a good trend I've usually already missed my entry! The market breathes in and out, and what I really need is an indicator that looks into the future. But if you follow this ...

Milking The Cable Trend

OK, the lines crossed and now I am long. On the chart the official long is 1.6381 + spread, so most should have 6384 or 6385. I got in at 1.6388 on a daytrade, so I just left the proper amount in after the daytrade hit my target of +20. The 34 sma ...

Milking The Cable Trend

Have not yet posted this week. The GU has been trapped in a range for awhile. I have 1/2 my usual quantity short from 1.6473, as it broke the low of the 11/02 candle at 6:00. Although it seems to be quite erratic, it has stayed under the 34 sma and ...

Milking The Cable Trend

Well USD got stonger, but cable got even stronger than that! At any rate, I need some time off, I will just wait for a good move that lasts more than 5 hours! Please post your MM rules and keep me informed of any other pair that you think is ...

Milking The Cable Trend

When it is like this, my decision is just stay out. We had a 130 pip range to go nowhere. Why get chopped when I can just wait for a trend and use "part B" of the technique?

Milking The Cable Trend

Hey no problem. In my first post I asked for feeback (constructive kind!). Yes if we are chopping, we are better off taking more faster. I have had many long runs lately, and I know another will come. But will it be this week? If we only knew which ...

Milking The Cable Trend

Thanks You Misterdaz. And that may be why not many are following this thread. It is a simple system, but not easy. BTW, I did not move my stop to BE, which would be 6359, I moved it to just under the 34 sma. Price came down to 6360, and now is ...

Milking The Cable Trend

Yes it's been choppy. I made +30 on my long (taking some off at +35 and +80), lost 12 on the short after, missed the long last night, and so was very happy to see price retrace back to my battlefield, which is the 3 ema and the 34sma. This morning I ...

Milking The Cable Trend

Thanks Charvo, The market suddenly reversed, and I reversed as price crossed the high of the previous candle at 1.6330. So I got 40 on 20%, and 30 on the rest. Now I am long.

Milking The Cable Trend

This trade is from part B (re entries). I went short at 1.6360, but 1.6350, the open of the last candle, would have been good as well. The 3 ema went up to the 34 and turned around. This is my re entry trade. I already took off 20% at +40 and have a ...

Milking The Cable Trend