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NameIsMethos replied Aug 30, 2020Hi Sesamstrasse, thanks a lot for the offer! I will do. I was travelling this weekend and I'm on a business tomorrow, so it'll take a day or two. But I'll post them and tag you. Regards, Methos
CHOROS System
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NameIsMethos replied Aug 27, 2020Hi everyone, thanks for your help with the AAA setups. I'm also still looking through the thread. The thing is that with the Dance so much discretion is involved... I have days in the simulator where I simply crush it and only take good trades. ...
CHOROS System
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NameIsMethos replied Aug 25, 2020Hi guys, is there a clear definition anywhere, how exactly an AAA setup looks like? While going through the thread I read about them a lot. But i can't find a clear definition of how to cleary identify AAA setups.
CHOROS System
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NameIsMethos replied Jun 24, 2020Hey guys, you've a very interesting discussion right there. Although personally I woudn't get discouraged too much by what your friend said iero. Surely it's interesting to hear that side of the story and he isprobably right in terms of we won't ...
CHOROS System
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NameIsMethos replied Jun 17, 2020Hi iero, I'm happy to hear your take on things, once you're back on the computer :-) Actually I don't have the feeling that I'm translating the charts wrong. I have and still spend many hours on the simulator and I get quite succesful according to ...
CHOROS System
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NameIsMethos replied Jun 16, 2020Next Trade in GBD/USD this time in Confluence with HTF. Entry is based on clear break of SMA35 and EMA50 on M15 and Retest RN + Retest all MA's on M5 (Not quite a EMA10 Touch on M5 but if price continues downwards, it may be a EMA10 Touch after the ...
CHOROS System
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NameIsMethos replied Jun 16, 2020Hi iero, I don't think this is necessarily true concerning the HTF trend, at least not according to the beginning of the Dance and Clay's idea. I haven't been through all 700 pages of this thread, but I intensily studied the initial The Dance thread ...
CHOROS System
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NameIsMethos replied Jun 16, 2020Hi deve, the market seems really undecided in the moment. It could have something to do with the US m/m retails sales numbers which will be puplished in 10 minutes at 14:30. Just a heads up as the news may affect price in unforeseen ways. I'll wait ...
CHOROS System
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NameIsMethos replied Jun 16, 2020Hey guys, I just entered short GBPUSD. It's not a perfect trade as EMA10 is stuck between higher MA on M15. However there was a clear break of SMA35 and EMA10 and higher number on M15. I took the Dead End into RN on M15 as a Signal to enter. My ...
CHOROS System
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NameIsMethos replied Jun 16, 2020Well I found a workaround to make my terminal work again, by deleting the indicator in the terminal folder. I'm still trying to make it work though, being aware of high impact news events is important even for trading based on technical analysis. ...
News Indicator MT4 (Stable) - Based on FF Calendar and Others
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NameIsMethos replied Jun 16, 2020Hi everyone, is it just me or did someone else had the problem of "no response" from MT4 when putting the indicator on the chart. I can't do anything right now
Even restarting doesn't work, as it automatically tries to load the indicator again ...News Indicator MT4 (Stable) - Based on FF Calendar and Others
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NameIsMethos replied May 26, 2020In that kind of setup the first touch will appear pretty soon at the beginning of the trend, right? How do you identify if the trend will continue? I attached a random example of a similar situation. The EMA10 crossed the higher MA's and displays a ...
CHOROS System
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NameIsMethos replied May 26, 2020Hi Birdland, thanks for your examples. I followed it up and it still worked out today, because most forex pairs are trending pretty good. However I understand your point, more often than not entering late will result in a loosing trade because it's ...
CHOROS System
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NameIsMethos replied May 26, 2020Hi everyone, I'm currently waiting for two 10 Touch trades on NZDUSD and GBPUSD. Both higher MA are fairly steep and both in direction of the H1 Trend. I'll keep you updated and would be happy to hear your thoughts.
CHOROS System
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NameIsMethos replied May 5, 2020Hey guys, I've another question. I've attached an example to illustrate my point, it's EUR/JPY from today. At the indicated arrow I saw price hitting the SMA35 in confluence with a RN. I considered going short but since SMA35 and EMA50 started to ...
CHOROS System
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NameIsMethos replied May 2, 2020Hi birdland, thanks for your answer! I am now beginning to distinguish between trades which went by the rules but were stopped out vs trades were I violated the rules and shoudn't have taken in the first place. On a cognitive level I understand, ...
CHOROS System
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NameIsMethos replied Apr 29, 2020Here's an example of what I'm referring to. Although there was quit a good uptrend in the asia markets on April 27th, price stopped right at the 0,607 resistance. This would have been a good counter trend entry for a retest of H4 SMA35. Almost the ...
CHOROS System
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NameIsMethos replied Apr 29, 2020Hi everyone, just wanted to say thanks again for all your support and answering questions. I had my sixth profitable live trading day in a row on monday with 10% profit and just 1% risk per trade for startes - and in a real boom and bust cycle blew ...
CHOROS System
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NameIsMethos replied Apr 22, 2020Hi iero, thanks for your opinion concerning the consolidation. I was meaning to ask you: What kind of indicator do you use for your EMA10, so that it's coloured in blue/yellow/red depening on the slope? It looks quit handy. Also what was your entry ...
CHOROS System
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NameIsMethos replied Apr 22, 2020Hi birdland, yes I did and I appreciate it very much. I just thought that most of your answer fits to KidJediFx question, how to deal with a series of loosing trades. I understand your point that in consolidation periods it's most important to ...
CHOROS System