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Binyamin replied Jul 11, 2011My biggest concern is sometimes the market gets really correlated especially EURJPY, GBPUSD and EURUSD. When the signal all comes at the same time when they correlate I am hesitant to trade them at original lot size. I have brought up this issue ...
CHOROS System
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Binyamin replied Jul 8, 2011Hi all I am glad some of you guys managed to bag at least 19 pip on that touch trade. I in fact lost 10 pips on EURUSD for the total today. But I am not upset because I think I followed the rules to the best of my ability. I agree with this 110% ...
CHOROS System
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Binyamin replied Jul 8, 2011image png upload As usual, this is EURUSD, with 10 pip SL. Trade 1 Suppose to enter as a 10EMA 15M touch. PA looks like there is some support at the round number. So I got out at the 3rd bar. -1 pip. (only at hindside the angle wasn't steep enough ...
CHOROS System
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Binyamin replied Jul 7, 2011Thanks for the advice and encouragement, I think eclayf said exactly the same thing himself. However I do see the value of recording and reviewing past trades.... It is not only to gather valuable statistics but who knows what you might learn. But ...
CHOROS System
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Binyamin replied Jul 7, 2011Are you a mind reader? I got that book, i am planing to be consistent with the basic rules of Dance first then I will try to improve my trading opportunity with that book. I see elements of dance in some of his strategy. The more uncorrelated setups ...
CHOROS System
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Binyamin replied Jul 7, 2011Noted with thanks, I will look into it latter got to rush for a function now.
CHOROS System
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Binyamin replied Jul 7, 2011Here is my first image post on this thread. These trades happened yesterday 06/07/2011 Wednesday. For EURUSD. ALL MY SL IS 10 PIPS Trade 1 Taken as a 10EMA 15M touch trade. Unfortunately I have bad trade management skills and only bag 14 pips as ...
CHOROS System
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Binyamin replied Jul 6, 2011Off the top of my head eclayf the founder of the original system did mention that it is better to learn how to trail the stoploss for this strategy. It will yield more profit than a fix mechanical trailing stop. Sorry I can't find the quote now but ...
CHOROS System
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Binyamin replied Jul 5, 2011Cool will try that this weekend! Cheers Hmm, I can't quite remember the manual saying anything about entering a 10EMA touch when the 35/50 converge despite violating the 2 rules....... As far as I know we don't trade the MA crosses..... However the ...
CHOROS System
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Binyamin replied Jul 5, 2011Thanks so much for sharing however just to point out. I am guessing that you took the trade based on the touch of the 10EMA M15. However the during the touch of the 10EMA the angle don't seem steep enough for a 10EMA touch trade PLUS it broke the 2 ...
CHOROS System
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Binyamin replied Jul 3, 2011I have been looking at this system since 3-4 weeks ago, demoing 2 weeks ago and just this weekend I have been using the simulator. I must say that the simulator has helped me a lot more than demo and I can't believe I am actually enjoying it.... ...
CHOROS System
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Binyamin replied Jun 30, 2011Constrainments again! — Ok there were constrainment setup happening at the same time at GBPUSD, EURUSD, and EURJPY. But out of these 3 only EURJPY's trade to me is a sure thing because the price are above 35/50 MA and the angle of the MA's ...
CHOROS System
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Binyamin replied Jun 30, 2011Whether gold or silver will raise or fall we will know by the end of the month. If there is QE3 it is surely going to raise as before.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Binyamin replied Jun 30, 2011Amen to that Jedi Master! However I will follow the rules strictly. Will look into all that once I can dance well.
CHOROS System
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Binyamin replied Jun 30, 2011The H1 10 EMA angle don't seem that steep and not even touching plus that trade broke the 2 bar rule in the H1(it was the forth bar). Pivot is not part of dance.... So my guess is since it violated all the touch rules, it is not a touch trade. You ...
CHOROS System
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Binyamin replied Jun 29, 2011Thanks for sharing however though it looked like there is some kind of invisible support there, is it not according to the dance rules? I am not sure myself, jedi masters please comment. However there was a H1 10EMA touch that occurred right when ...
CHOROS System
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Binyamin replied Jun 29, 2011I am not a master, but I did not because It broke the 2 bar rule. I await the comments from the Jedi Masters.
CHOROS System
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Binyamin replied Jun 29, 2011Ah a constrainment trade just occurred at XAGUSD.... I get excited when I can spot one because I am usually very bad at it.
CHOROS System