Hello everyone again, I droped in after a short brake. I have a few questions to you Sesam: You said you trade first touches only, but then you posted a shot of a scoop? Also, many ppl here count the first touch differently, depending on when they ...

CHOROS System

Guido, I took long just before you did - on that touch of 10ma. Was it a legit first touch by the rules or the other two slight touches with pinbars made it actually a third (and therefore not by the rules)?

CHOROS System

Well done for your pips However, I don't quite see this being Choros M15 trade? Is pinbar on cofluence of RN+50+10 enough despite lack of trend (or even one could say that M15 trend was the other direction)? HTFs in your faviour though... ...

CHOROS System

Hello Dancers, I have a question to the experienced: If after taking a choros trade you get a pin in the opposite direction on the next bar after your entry. Do you stay in and still aim for TP or shut it down? What if the next candle is similar?

CHOROS System

LOL

CHOROS System

18 SL, a bit wide for my M15 taste, but worked like a charm with a quick 25 pips profit. I always tend to chicken out on my TP (initially at 30something pips) when the price starts to hesitate at the bottom of a channel (top for longs of course). ...

CHOROS System

Hello, I was a lil' concerned about the situation on daily, looked like a legitimate 35/50 touch followed by a pin forming just above it throughout the day, but I did decide to shoot it off the M15. Fortunatelly this time I got out earlier than my ...

CHOROS System

Kostas, I can see you are using daily and monthly pivots. Weekly as well? Doesn't it clutter the chart too much? I mean there are plenty of S/R that way that you have to look out for and so many trades could have been not taken because of them.

CHOROS System

Did anybody jump in EURJPY M15 15 mins ago? That pin was perfect AAA trade od 10MA/RN (could have also been perfect 2nd 10 touch for even more pips) and all TFS in favour. Cant't believe I missed it in my car! The SL could be as little as 12pips and ...

CHOROS System

Hello Dancers, Just nailed another one, still not AAA though. A little bit too late, with 12 SL, TP was set at the PP, but I guess after a rapid drop and 20 pips in profit my balls went missing and I did chicken out, although if I didn't I would ...

CHOROS System

Although... coding an alert based on rules... who knows, probably could be valuable.

CHOROS System

Thanks Tony. Sesam (hope you don't mind the short), I took the same trade, but my stop was a bit more loose, therefore I did hold on the position, but then the market got slow, didnt manage to create a lower low and after still showing some hope and ...

CHOROS System

Thanks Sesamstrasse for your previous answer. Donkey-cow LOL.

CHOROS System

So I was right thinking the simulator is great for training your eye for good setups, but it has little statistical value, as some of the trades looking good on M15 you wouldn't have taken because of contradictive circumstances on HTF -which you ...

CHOROS System

Do you just watch HTFs MAs on M15 and ignore HTFs charts while in LFH simulator? Or is there a way to look at more than one chart while LFH is running?

CHOROS System

That would also be my humble guess If somebody is able to make on average 50 pips a week, that is >200 pips a month. Trading 10 months only a year gives $20k a year given trading with a full lot. 5 years x 20k = $100k. My guess is that if ...

CHOROS System

Hello. What was the number of losses in a row that you Kostas and Sesamstrasse ever run into trading A-AAA choros setups? What is your longterm win:loss ratio? Thanks.

CHOROS System

BASE currency --->> XXX/YYY <<--- QUOTE currency. While trading 0.1 lots, every pip is worth 1 unit of quote curency (YYY). But Sesamstrasse is right. Take your time before you put any real money into a trade, take your time to do the research ...

CHOROS System

Nailed it. Not AAA though. Reasons for entry: mainly M5 10MA constrainment followed by a pinbar, 35/50 fairly steep & close together, safe distance to RN, with a confirmation from HTF - also a pinbar just below 10MA on M15. 1hr looked like in the ...

CHOROS System

We just had a triple top on daily EJ finished with a lower low and now we have an ideal pin forming just below 50 that bounced from 35 on a pullback. GU shows a possible englulfed pin in a similar setup. Monday might be interesting

CHOROS System