You got me there, I am a scientist by training :nerd: What I am trying to do is to be consistent with my trading. For pure touch trades I try to take them as close to the MAs / levels as possible. From my (limited) experience, price usually visits ...

CHOROS System

I was waiting for this one as well, but in my feed it went shy about 2 pips with respect to the H1 10, so I didn't take the touch. Another one of those "near misses". Should have entered later after the pinbar, but was not in front of my computer.

CHOROS System

Another one in EU, missed by 2 pips as well. Price came to the area later and sliced through.

CHOROS System

What troubles me lately are "near misses". Two examples from today are shown in the GU screenshot. First, price misses the R3 by about 2 pips, and later misses a nice R1 / H1 10 / M15 35 & 50 confluence by 2 pips as well. Is this my feed? What do ...

CHOROS System

My first trade today in GU. A bit risky prior to the GB rate decision, but the setup looked good so I went in with a very small size. Trigger was a nice M5 rejection candle after constrainment by the M15 EMA10 (steppy blue line) in an overall ...

CHOROS System

Hi Direwolf, again not a trade I would take. Price is somewhat constrained by the 35 and 50, but the trigger bar is tiny, as you said, plus it has a weak close. The bar before it is much bigger and shows some upwards rejection. The trade might work ...

CHOROS System

Hi Direwolf, I am not one of the seniors, but I'll try to answer your question. The way I see it, there are two constrianments in your chart. Price is constrained by the 10 and the 50 at the same time. The 10 constrains the price upwards, meaning we ...

CHOROS System

Here's my post-news EJ trade for today. M15 EMA10 (bold navy line) / pivot point / semi-round number bounce with nice wicks as confirmation as well as all H1 MAs directly above ("steppy" lines - is that a word?). It took more than two bars to get ...

CHOROS System

H1 candles and short term trend indicate short, but you would be shorting against the DP, the H4 10 and the H1 35, so I did not take this trade. The trading style I am trying at the moment is a little different from yours though, I require ...

CHOROS System

Broker problem - see my chart for comparison (sorry about the many lines ) Try fading the spikes with sell stops if the spread is not too wide to get back at them.

CHOROS System

I'd like to ask for comments on a trade I took in GBPUSD today. I entered on rejection at the H1 35 (upper red arrow). There were rejection candles in M5 and confluence with the H4 10. On the downside, the pivot was slightly below the entry point. I ...

CHOROS System

Damn, with all the writing I missed one of my favorite setups in AU M5. A series of constrained pinbars accelerating into a S/R that has been tested multiple times before. This is almost a perfect example; a little more "acceleration" with ...

CHOROS System

Thanks for explaining! Food for thought, I have to learn how to tell the strong moves up where it is likely to bounces from those where it doesn't bounce. The move up has to be strong by definition, otherwise the two bar rule is violated. I guess ...

CHOROS System

Greta trading guys! I got stopped out in Cable :-/ Entry was almost the same as Sesamstrasse's, but my SL was not as wide. I made it back with the EURJPY bounce off the M15 35/50 plus H1 10 and 35. A bit risky since it was between the H1 35 and 50, ...

CHOROS System

Thank you for the advice! I know greed very well, but in a different way. For me, it's a mix of greed and fear. As soon as a trade is in profit, I don't want to give back even a single pipette. A red 1 min candle in a 1 hour buy setup? Almost enough ...

CHOROS System

Thanks Kostas, much appreciated! I have another question (trying to pick your brain a bit, sorry :-) ): Has your winning percentage increased since you lowered your goal to 15 pips/day? I have read somewhere in the thread that it used to be around ...

CHOROS System

Hi Kostas, thank you for all the time you take teaching people! I am currently trying to get a hang on The Dance. I have a quick question regarding your last trade: At some point it didn't look all good, though still closing above the H4 10. Would ...

CHOROS System

Subscribed! Though I don't trade stocks at the moment I like to follow up on the setups to gain experience. Thanks a lot for your efforts and keep up the good work!

Stock picks and worldwide trading opportunities by aserbfx

Hedging — So far I don't really get why it's better to hedge a trade than to close it. The result is the same, right? You freeze your drawdown at a certain amount. The difference is that with hedging you pay swap twice (original and hedging ...

Nanningbob 4h trading system ver. 5.0

Good morning Nb 1.0 thread! This is my first post on this forum, though I've been reading many threads in the past months, especially those by nanninbob. I'd like to thank Bob for all the work he has put into his systems and his extraordinary ...

Nb 1.0 trend trade system