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Starry replied Jan 5, 2013Yeah, but imagine how inspiring it would be to see choros trades consistently profitable over 1+ years from the masters of the system
If i ever get there ill be make sure to post my account so every1 can see the trades. Im still having some ...CHOROS System
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Starry replied Jan 5, 2013Mr pip, What does trail stop to structure +- 10 pips mean in the ABCD pattern? I thought we just took profit at 61.8 instead of a trailing stop.
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 5, 2013Heres an ABCD pattern. image
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 5, 2013For the first chart, isnt this an aggressive ABCD buy pattern? The AB leg only retraces to 50%, letting it be a potential bat, but the BC leg doesnt retrace far enough to be a bat (it only goes between 50 and 38.2, it should be beween 61.8 and ...
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 5, 2013Yep, thats what i measured it. The 161.8 line was below the screenshot . Its an fxcm demo feed. You might not have found it because its in GMT time, so you use EST and the time would be january 3rd 21:00.
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 4, 2013Im seeing this too. Post on gartley has the B point between 50 and 78.6 , while the bullish gartley pattern has a box for B between 61.8 and 78.6 Mistake on advanced pattern reference guide?
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 4, 2013Is this a valid ABCD pattern? For the A point, does it need to be earlier (because there are nearby higher highs?). Also, on smaller timeframes, if you place the sl 10 pips below the 161.8 , it makes the risk reward ratio less than 1:1. For example, ...
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 4, 2013For an ABCD pattern, what if it wicks through the 61.8 extension point (point C) but closes below it and no other candle closes above the 61.8 (for a downward ABCD pattern)? Is this still a valid C point? edit: nvm, i see in the rules an example ...
Ratios & Harmonics: a Different Way to Trade
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Starry replied Jan 4, 2013Just wondering, does anyone have a record of all their choros trades that they could share, sort of like how the trade reports here on forex factory?
CHOROS System
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Starry replied Jan 1, 2013Interesting . Thanks! I think i will be focusing first on eurusd and then on eurjpy.
Feeling a currency?
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Starry replied Jan 1, 2013Is that your return or your winning percentage? Very nice either way ! My first goal is to win for a week or so consistently! baby steps
CHOROS System
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Starry replied Dec 31, 2012Just trade with a simulator. Trade at any time of the day, even if you got a job you can do it! For practice anyways. Theres a free simulator somewhere around here in forex factory (but you c an only trade one timeframe, one currency at a time and ...
Where to start in this business?
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Feeling a currency?
Started Dec 31, 2012|Trading Discussion|2 replies
Ive read that it is usually recommended that beginners start with one currency, like EURUSD. ...
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Starry replied Dec 30, 2012Speed means nothing, computers are fast enough now a days. How is a nanosecond going to make much difference to the patterns that are formed? The patterns formed are taken over multiple bars which means 5+ minutes, plenty of time. And you're ...
Automatic trading
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Starry replied Dec 30, 2012Hmm, well ive seen people claim to be profitable on the 15 minute timeframe (for example, the Dance strategy) and they use the 5 minute timeframe to make more exact entry points. I mean, I havent been succesfull, but i used to think it wasn't ...
Automatic trading