Thanks a lot for your answer, it makes sense!

The Fibonacci channel projections (FCP)

Hello, first of all I want to thank you for sharing the knowledge and effort Seysin. I've started reading the thread (I'm around half-way), was practising and I've got some doubts that the rules don't make clear to me to build the channel, perhaps ...

The Fibonacci channel projections (FCP)

True, I keep forgetting "clear break" concept thank you

CHOROS System

Took this entry before the red news: image First touch, both MAs are on top of another and confluence with H1 10EMA. My trailing: This time I got the first half quick, and after I set the other half to BE (left picture), price created a big bar, ...

CHOROS System

I like a lot your entry, it would fall into the scoop down category right? I'm learning also, we will eventually get there, I never forget Clay's words... we only need to stick to the strategy until we master it. So we share same road

CHOROS System

Thank you my friend, I sometimes have a hard time filtering the avaiable information (pros and cons of an operation), your input helps a lot really

CHOROS System

I took the 50EMA touch in EJ and lost it, there was 10 pips room until the RN (where I make TP half and make BE the other half) and a bit more until the daily pivot (where I placed the second TP after the picture). Included M5 for reference: image ...

CHOROS System

Everything understood, thank you! Specially for underlining that much the importance of first touches, I tended to overlook that. My MM rules are as follow (are strict): I risk 2% in two operations, one of them has a "fixed" TP (10-Spread) and the ...

CHOROS System

This made me chuckle haha, saw it when published the response, indeed you know eachother! Very good job I hope someday I can reach the level you guys have

CHOROS System

Thank you Guido, I have a few questions if you don't mind: 1.- Regarding clear breaks now that you mentioned it, all I have on my notes is: "clear break is when a candle crosses clearly any of the 3 MAs to confirm an entry at the close of the ...

CHOROS System

Market took me out, +1,8% so my daily goal is still not accomplished but pips are pips. If I see something good to get the remaining 1,2% will post again, thanks

CHOROS System

Good morning dancers, thank you for the example Kostas! Yesterday I didn't see anything clear when I was on PC so I continued to study the thread and the post #1692 made me think a bit about 10EMA bounces. They feel kinda "unsafe" to me to just take ...

CHOROS System

You both made it clear guys, I am using a wrong approach. It's a demo and I planned to master the basic setups while I learnt the "advanced" ones, seems like nothing wrong. But you made me see I need to stablish a rule here, from now on I will only ...

CHOROS System

Good morning dancers, This entry I just made was entirely based on what I considered a pingpong area on H1, this was my reasoning: MAs were 30 pips apart, and there was two previous bounces (one up and one down), also long wicks on my favor recently ...

CHOROS System

Hello again dancers, Okay after the GU scoop (have seen a GU constainment but right before NFP so won't review it), I reviewed EJ and here are my thoughts: image Yellow entry is great entry (which I didn't take because left the computer right ...

CHOROS System

Thank you, so far I plan to scout the market for 1-2h more (in GBPUSD even less because of the red news in ~1h) and unless I see something VERY clear for me, I have no intention to risk anything. Will check in the NY session window before the close ...

CHOROS System

Yes, I will do that also (despite I don't like Friday afternoons, if I'm there and I see a nice opportunity is good to know there's a window before the market close), thanks for pointing it out to me

CHOROS System

Thank you for the support and kind words, it really means a lot. Yes, I think I will continue to use my own management, I have a couple of ideas and as you suggest I should give it an extensive try before ditching anything and see what works best ...

CHOROS System

The first operation didn't take long: Took a bounce, it wasn't taken from the 50 but it was in the 35 so I took it despite price didn't move 15 pips up, and the 10 EMA was pointing down. TPs aren't on the right levels yet image Note the extra ...

CHOROS System

Hello there, this month I start with the demo (still haven't been able to use the simulator all I would like to so I'll do it also in my free times), and I will start posting my results and trades here if that's okay, for you guys to criticise and ...

CHOROS System