Enter Long on the Touch of M15 35EMA. Entry price. 1.5286 Confluence with H1 touch of 10EMA ( anticipated a bounce from 10 EMA) Status: +30 pips. Closed half the position and moved Stop to 1.5290 ( +4pips) Optimistic on Upward momentum on GU, as ...

CHOROS System

+0% is positive? missed out on EU and EJ trades spotted by the other traders in the US session. No trades taken in UK session. Calling it a day early on Friday, been a good session spotting trades and watching, taming my trigger happy fingers ...

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Agree with Leemonk, if u cant see anything good. best to stay out. Oh yeah here's something useful to share with everyone: url its a site where u can plot ur daily goals. To help you be disciplined in trading and only take the good setups: You can ...

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I guess it will pays to be patient and not force a trade. Just wait for things to develop. Another factor to consider is it's Friday.. things might be slower/more volatile ?

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saw a touch of 10 EMA on GU wonder if this is a valid trade? EDIT: Spotted but didnt enter. 1) Angle is 41 degrees. line plotted at the "v" of 10 EMA line on M15 GU 2) One Bar to "Get there" 3) Stop loss should be below 50EMA 4) cant see if there's ...

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Hey Mr Bear, just an idea, while you're waiting for the market to move you can practise spotting trades in Stimulator, that will give u more confidence and you can speed things up in your practise to spot trades.

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yeah cant see where it's going, news and market will dictate wat happens i guess. as Leemonk says, just going to see if we can trade any dance trades today. Please help me say hi and thanks to Clay, for his introduction to this method. Will

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See the same setup on GU GJ EU EJ dollar n yen weakness in the market. i guess we can look to enter longs once 10 EMA moves above 35/50EMA and we see retraces. but session is still early and anything might happen. just a short survery guys, which ...

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Hi Mr Bear, If you ran that in stimulator and if it didnt touch the EMA then i dont think it counts as a touch trade. If you look back many candles that touch 10EMA now didnt touch the EMA when the candle was being formed. Dont worry about missing ...

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Hi Caj, from what i see, M5 was forming a constrainment along 10EMA, i was thinking it would have shot down instead. didnt notice the M3 pivot level. wat does M3 mean? i missed seeing that area as a support though, my bad

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Great job Kostas! We have much to learn from you By the way, I have a query for you when u mean 3% risk for your trading, do u mean for every trade, your stop will be modifed to be 3% of ur equity? for eg, if you have $1000 usd deposit, a 3% risk ...

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Hi MKE, you're spot on in sighting that level, kostas1 mentioned that in one of his prev post as a powerful confluence with daily pivot around that area I entered a short at 1.5020, now +23 in profit, moved stop to BE. here's my chart below: price ...

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Hi guys, wanted to post something like Kostas1, i was out for lunch when this trade happened. just wanted to post this chart and asked if it was a constrainment trade setup I spotted but i guess Kostas1 give a well rounded answer in the prev post ...

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thanks for advice will keep an eye on them, longer term i see that price might bounce off 1.4918 off Daily chart 50 EMA so that is a strong support we might face. Will look to sell on rallies or retrace. Will update my position , now at +58, moved ...

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Enter a Short Trade at 1.5026, high of retrace of Last 15 Min candle. (circled in blue) According to the Rules:- 1)within 2 candles retrace to touch 10 EMA line 2) Angle about 33 degrees, not very steep though so not a perfect by the rules entry My ...

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guys i see the GU and EU 10 EMA touch. are they valid trades? not sure they fit the rules perfectly but at the time i entered both were 2nd green candles retracing to touch 10 EMA lines Current Status : closed half of GU at +10 pips EU +3 half of GU ...

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GU touched 35 MA, valid long entry? H1 did touch 10 EMA in my charts

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GU 15 min touch of 10 EMA. valid entry? I see the RN 1.52000 as a resistance though

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Hi Caj, i think it would be good trade according to touch trade rules my observations: 1) EMA 10 angle more than 45 degrees ( 62.97 degrees i measured ) 2) also i spot that the touch of 10 EMA as also testing daily R1 line made by the pivot ...

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Hi there, i saw the same trade no 2 for EJ but missed it as i was away from screen. oh well let's wait patiently for another trade, we just need a few good trades a day , cant catch them all I see the same trade setup on EU too. touch of 10 EMAs ...

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