Nice Trade; short and sweet for the win. I'm looking at your chart and I see some conflicting signals. Was there anything that told you this wasn't a fakeout because I see a bounce off the pivot line with a rejection wick on the candle before your ...

CHOROS System

Nice nice nice. I saw that trade, but I was worried because it was just after the London open. I've found that the 10 EMA touch trades are the most mechanical and consequently the easiest to identify whereas constrainment requires some discretion. ...

CHOROS System

USDJPY = Breakeven Good setup messed up by an early breakeven (= fear/lack of confidence). image

CHOROS System

EURUSD = +19 pips / 8 pip SL below RN Once you find a working system, the game no longer becomes where do I find trading opportunities. It becomes how do I wait patiently out of the markets when there are no trade setups--it's not my turn to ...

CHOROS System

USDCAD = 20.9 pips Finally there have been some strong trending markets. I missed the initial 2-bar touch trade and was hoping to find another opportunity on the 5 minute chart. While it was riskier since the trade signal had already passed, it ...

CHOROS System

USDCAD = 8.7 pips GBPUSD = 8.3 pips TOTAL = 17 pips Two quick two bar touch trades before the London open. GBPUSD didn't have a strong MA angle, but I accepted the risk due to the HTF trends. I'm always trying to get the quick 15 pips, but I may ...

CHOROS System

USDCAD = 5.8 pips Today felt like a slow day of trading. I personally wasn't finding many good entries and the ones I did see had passed while I was away from my desk. Initial two bar touch trade could had netted ~32 pips, but I missed it and there ...

CHOROS System

While it is a setup, as a new dancer I've learned to avoid trading the HTF MAs because they tend to be areas of consolidation and I haven't learned how to read the chop. For example, on my chart the entry candlestick looks like a Wick Off as it ...

CHOROS System

Thanks for your input. I'm still relatively new to the system and I did admit that it wasn't a pure-Dance trade. Nonetheless, I felt the probabilities were in my favor (hindsight eh?) 1) The 15 minute moving averages (MAs) were flat. However, the ...

CHOROS System

EURUSD = +15.4 pips The markets have been lacking a clear direction today and I wasn't sure when or where to enter. I want to scalp, so I can trade anytime during the day but I haven't developed the skills for it yet. Following the rules, I waited ...

CHOROS System

The Dance gives us the tools necessary to trade profitably, but sometimes human nature takes over and we mess up. Here is an absolutely beautiful trade I missed out on because I panicked, closed my position prematurely, and stopped analyzing the ...

CHOROS System

I thought it was kind of strange that price was disrespecting the 15 minute moving averages. I wanted to get a closer look so I pulled up your chart on my computer and my impression is because the 1 hour chart had dominance. I don't have enough ...

CHOROS System

EURUSD = +17.5 pips My setup has a few subtle differences from The Dance setup. I've added a daily pivot line and also added a 5pip keltner channel around my 10-EMA. The white line is the 10-EMA, the yellow is the 35-SMA and the cyan is the 50-EMA. ...

CHOROS System

Hello, I've recently decided to adopt this system after trading Trading Made Simple for the past couple months. The problem with TMS is that while it's simple, it is an incomplete system. After extensively testing it, I've found that over the long ...

CHOROS System

False breakout with the US open. I wonder how strong the pivot point is. image

TMS for M30 charts

I saw the hidden divergence and thought the yen would retrace nicely, but I was wrong. My trades for the day: image

TMS for M30 charts

Trading against the 4H trend... sometimes you just get lucky image

TMS for M30 charts

75 Pip and 65 Pip trade look good, but the TMS rules don't have an entry for the 115 Pip. Why did you enter then?

Trading Made Simple

March 13th, 2017 - March 17th, 2017 Review for AUDUSD H4 image Reviewing the 4 hour chart on the TMS system, we see that if we followed the rules, we could have netted 188 pips. There were two good entries at the beginning of the week and two ...

Trading Made Simple