One of my first attempts to dance... I would be glad if someone would advise if what I did was correct. - Trigger was constrainment on SMA35 on M15. Although EMA50 and SMA35 started to flatten out due to the constrainment, they still slope up - ...

CHOROS System

Hi Gacon, I took almost the same trade and lost as well unfortunately. The H1 showed a nice Touch Trade and the M15 had a confirmation by a doji. Also there was a nice resistance area where I put mit SL. Now that I'm out of the trade I see things ...

CHOROS System

Hi iero, The trend on the H1 is up. I looked at it the wrong way in the beginning and edited my post afterwards (see Edit2). I also added the second Screenshot which explains my reasoning for why I actually looks like a solid Long Trade.

CHOROS System

And what about this entry? This actually looked very solid to me when analyzing it. Pro for this short trade: 1. Double Top on H1 which also ends exactly in EMA35 - this looks like a strong signal to me. 2. However I woudn't trade it alone and ...

CHOROS System

Hi everyone, thanks for your answers and your encourangement! I hope I'm not asking to many questions - since I began trading Forex a few years ago (until now without consistency I might add) it has been a lonely road for me. Until now there has ...

CHOROS System

Thank you very much for that insight! That is exactly what would have happened with this specific trade. It would have gone 3-4 pips in favor (not even enough to move SL to BE) and then continue upwards and hit the SL. There are actually several ...

CHOROS System

Hi everyone, I am currently training and I'm looking at GBP/USD in the beginning of 2018. Can you please look at the chart and my reasoning and tell me if you would have done the same? if not, what you would have done differently? 1. Second last ...

CHOROS System

Hey iero, thanks a lot for the explanation! I'm currently still re-reading all the PDF's as well as working through the thread and practicing on the simulator. I get the feeling that trading the Touch Trade is more than just blindly following the ...

CHOROS System

Hi everyone, first of all thanks for this amazing thread as well as the original thread and the strategy. I only found it a few days ago and I am working through the material. Although a little confused and definitely overwhelmed by all the material ...

CHOROS System