Sooo many winning trades... boring :-P Let me add a losing trade from this morning: GBPUSD M15, nice reaction bar from H1 10 and M15 35/50. I waited for a retrace to reduce risk, got in at the H1 10 and got stopped out quickly for about -13. Edit: ...

CHOROS System

Correct Just exited this trade. Why I took it: USDCAD confluence of many MAs --> High probability trade, beautiful rejection candles both in M5 and M1. Why I was a bit hesitant: I don't like trading against such a clear H1 pinbar, so I ...

CHOROS System

Great opportunity today in GBPUSD. Confluence of H1 35, 50 and H4 10 with good angle Even H4 35, 50 but they were flat Untested daily pivot Support Level If you like Fibs, there is even a 38.2 at this exact level Plus a beautiful M15 pin bar. Only ...

CHOROS System

To reach the 35/50, the 10 must have failed at some point. What is the scenario that you would like to see here for higher probability - a cut-through with no bounce at all?

CHOROS System

We both had a good setup in mind, you made a lot of money, I didn't. So credit goes to you - trading is about making money, not about having good plans :nerd:

CHOROS System

This one really was a beauty! I posted it in the interactive thread to keep the discussion going there. Unfortunately, I only had a limit order in since I was busy at the time, and my entry was missed by a tiny amount

CHOROS System

Came down to just above my entry point and then went vertical without me

CHOROS Interactive

Plus a trade where you took a loss please, if that still happens to you I always learn more from things that went wrong than from things that went smoothly. How long do you hold a trade when it goes against you? Your initial stops are pretty wide ...

CHOROS System

Upcoming major confluence in GBPUSD: H1 35 & 50 H4 10 & 50 Daily pivot There is enough space if price moves quickyl into this area. The major trend is down, but price has made a good move up, has crossed all H4 MAs and is due for a retest now.

CHOROS Interactive

With this confluence, it is usually good for 15 pips or so. I probably won't take the trade due to the M15 price action that is developing right now. It seems to have bounced slightly above the expected area.

CHOROS Interactive

Upcoming EURJPY H1 35/50 with nice angle, daily pivot as confluence and space moving into it.

CHOROS Interactive

Excellect opportunity today in GBPUSD. Strong descend into untested H1 35/50 with an untested daily pivot point as confluence. The weaker 50 round number as additional bonus. 35 and 50 already diverging and at some point I thought it might try to ...

CHOROS System

Most of my trades were in the DAX today. I missed the trade of the day (not Choros) because I was away from the desk, but got some quick EMA 10 bounces on the way up. BTW, the steppy lines are the Choros MAs in higher timeframes. Those were not the ...

CHOROS System

Judging from your posts and screenshots, the way you are trading is patient and clean. A lot better than what I did for quite some time. If you are not profitable already, you will be very soon. Then comes the hard part Might not make much sense ...

CHOROS System

Sesamstrasse is right that your trade was not a AAA Choros trade, but the area was still solid. We had a confluence of: First retest of former support after a break Big round number There was even a daily resistance if I recall correctly The valid ...

CHOROS System

That's an important step, being able to self-analyze and admit to yourself what went wrong. Our ego (mine at least) likes to be lied to and there are many excuses one can make after messing up. I always knew why my trading failed in phase B, but it ...

CHOROS System

Analysis of this AU trade: Not a strict Choros trade as I jumped in early, price was not yet touching the MAs. I did this because of a nice confluence of Overall uptrend 0.8000 round number Daily S2 First test of resistance close to 0.8000 "Space" ...

CHOROS System

I use these indicators, I am sure you can find them to download for MT4 as well: iUniMA_MTF: Higher timeframe MAs, the "steppy" lines clearview_roundnumbermarker - any round number indicator will do TzPivots - pay attention to the broker time and ...

CHOROS System

Do you need MT4 or 5 files? I'm using MT5.

CHOROS System

Hi maxtill, here is a quick analysis of your first chart the way I see it: The first touch happened a few bars before you marked it, but it was not a good trade imho One could argue that what you marked is the first pullback after an overshoot. Same ...

CHOROS System