i am glad you took the advice in the right spirit & did not discarded it as a preaching from a fellow beginner i practice it real time as well. i have attached my trade explorer & you can notice i have taken merely 5 trades out of 13 days . . but ...

CHOROS System

you are welcome ! i saw the chart for audjpy trade and i am glad that the trade worked out for you. although, i do not want you to set yourself up for disappointment later. a) you missed an entry about 9o mins ago from your entry. we could have ...

CHOROS System

t h a n k y o u . . kostas . . your vouch means a lot to me !

CHOROS System

bought eurusd @ 1.35780 sl / tp - 9 pips manually closed for + 5 pips as price was stuck around 1.35845 level for a long time

CHOROS System

so misterC, previous two posts of mine can tell you that i have not even tried to touch constrainment concept yet UNTILL i master trading bounces first. let us master one concept on a pair first & kostas has suggested to practice this for ...

CHOROS System

i love trading bounces as well. what i depicted as constrainment before were merely price touching 10 ema and frequently bouncing off it. good observation, captain ! i have changed the constrainment picture & uploaded the correct one for mine & ...

CHOROS System

misterC a correction !! a constrainment is correctly explained below as pointed out by kostas. pic 1 shows you a constrainment of price near the ma's. notice small bars (more than 3-4) forming near ma's. pic 2 shows a range being developed inside ...

CHOROS System

image image image

CHOROS System

NO i would stay away from such a market because if you notice the price action from the first red x i drew on the chart, it was a very volatile price action at first & also a big porcupine candle marked in 2 aqua blue x's formed which told me to ...

CHOROS System

pic 3

CHOROS System

pic 2

CHOROS System

pic 1

CHOROS System

it is entirely a personal choice whether you start with constrainment or touch trades. someone may find trading constrainments an easy task in beginning. like sesame, i felt better taking touch trades at start & we keep a tight SL/TP. it does not ...

CHOROS System

misterC since i have gone through what you are observing right now, i can comment following :- 1) with more screentime, you will get better at taking trades near 35 & 50 ma's and you'll understand price behavior around ma's in a better way. the more ...

CHOROS System

hi eurusd i agree with you. personally speaking, i do not prefer to take constrainment entries & if i take any, they are always like i demonstrated in pic 1. i have observed that once price is trading IN BETWEEN the 3 ema's - 10, 35, 50 or these ...

CHOROS System

misterC look at the below two examples to understand the difference between a constrainment & a range :- pic 1 shows you a constrainment of price near the 10 ema. notice small bars (more than 3-4) forming near ma's. pic 2 shows a range being ...

CHOROS System

1. in the beginning, practice either touch trades or constraintment trades - c o n s i s t e n t l y. after it becomes second nature, practice other trade entries. 2. you took a stoploss after 60 minutes - on a m15 chart, generally a good entry will ...

CHOROS System