Isn't that a 15M 10EMA touch trade occurring??

CHOROS Interactive

Thanks, I will take good note of that.

CHOROS Interactive

Thanks for the example!

CHOROS System

EURJPY constrainment off 15M 5EMA to the long side, good to enter if this bar close as an exhaustion bar.... Update: Stop out for -12pips

CHOROS Interactive

Got out at exactly 50 pip, I wanted to let the trade ride on further then I remember the news yesterday that the bank of Japan wants to push the yen lower........ Knowing the news can be bad. It is only after I got out that I realize that Japan ...

CHOROS System

Yeah that's it. Currently I am in a USDJPY constraiment trade off the 5EMA. I will show some images latter. I don't know how valid these trades are in the long run, it seems to be working well now.

CHOROS System

It looked like PA was scooped by the 10EMA H1. Anyway PA actually wash out the 35/50 MAs EJ dailies is now touching the 35/50 MA...... I don't trade daily, but lets see if the price starts dropping.

CHOROS Interactive

Hey I can't believe that trade of yours went to BE!! Anyway I would have taken the GBPUSD constrainment you talk about, but I was busy so I didn't do anything. I think it will be a good trade.

CHOROS Interactive

Just and observation: I notice recently with the fast moving market that 5EMA is quite effective for constrainment trades.

CHOROS System

Accept for gold silver and the CHF pairs all pairs seems to have flat 35/50 I am taking a break =)

CHOROS Interactive

35/50 touch of the H1 now occurring at UC EC and CHFJPY Update: All 3 of them washed out the 35/50. So I didn't enter. The 1 min bars didn't look right for any touch

CHOROS Interactive

Getting ready to short AUDCAD H1 as a constraiment trade at COB (if it close as an exhaustion bar) Update: It took out my SL, a failed trade that was by the rule.

CHOROS Interactive

I won't because 35/50 are not steep and parallel.

CHOROS Interactive

In CHFJPY there seems to be a constrainment setup forming at H1 10EMA. By the end of this bar if it is still an exhaustion bar you can enter. However the last 2 exhaustion bar doesn't seem to look right as it is not slowly creeping towards the long ...

CHOROS Interactive

AUDUSD 15M constrainment off the 10EMA. From 15M to H1 the 35/50 EMA is looking right! Will enter at the end of this bar if and only if it is an exahustion bar PS: Same situation for AUDJPY...... I will split my PS and trade both AUDCAD and USDCAD ...

CHOROS Interactive

I am currently trading both choros and 2 mechanical methods.

CHOROS System

Thanks, I will wait for a third exhaustion bar before entering.

CHOROS Interactive

Subscribed! Thanks, thanks and thanks!

Price action momentum trading

Thanks Anthar, Just an update, CHF and JPY is still gaining today. I think there is something bad going on. There seems to be a sudden flight to safety. I will be trading CHF pairs actively!

CHOROS System