lol...... I am laughing here because I know how Clay would answer this question.......... It doesn't matter!!! We will trade it either way. We have hit or are very close to some trendlines AND some resistance areas, so this suggests a downward ...

CHOROS System

Willko (not sure if it is Will or Willko or neither ), If you are trading by the 'rules', then the 10ema does NOT need to be above the 35/50, only Price needs to be above it to go long (15 minute trading). I am based in London and I 'try' ...

CHOROS System

They are now that London has moved them, but I think 'had' that trade touched the 10ema, then it was okay (for me). I was watching it, but entered on the EJ instead and missed it. There was a decent Doji on the 5 minute which might have got me in ...

CHOROS System

This is correct. If price does not touch the MA DURING the trade, then it is not a valid DANCE entry. This is not to say that it wouldn't be a good trade with PA, but it's not a DANCE entry. Mr Bear, and anyone else new to this strategy, do NOT get ...

CHOROS System

Just did another 5 pips on an identical trade to this again. I closed out as it had started to move against me, I got a bad 5 min candle and London just opened!

CHOROS System

Small EJ gain — I have to say a big thanks to Luckylady and to Kostas for continualy drilling this 5 min PA entry into me! I have had more success in a day and a half of using this than I have had since I went live around three weeks ago.

CHOROS System

Is it just me ........... — Is it just me or do the charts seem to be listening to us? Almost everything we discussed yesterday has presented itself either yeserday or this morning. Whether it goes the way or not..... is yet to be seen

CHOROS System

EU constrainment — Similar trade but this time on the EU. We see constrainment on the 1hr 10ema. The 10 has constrained a wick, wick, body, wick and then the current candle. Entry take off a small retrace of a solid 5 minute bull candle. Will ...

CHOROS System

GU 50ema constrainment — GU 15 minute 50ema constrainment trade. Will post updates as it moves along (either way) Close: TP 15 pips hit.

CHOROS System

Personaly I take it from the MA you are looking for a bounce off. Though, I do not think it was ever confirmed. 13 is 13 more than nothing and a hell of a lot more than a loss!!!! Don't be dissapointed..... that is going to happen a TON more times. ...

CHOROS System

Well Done Intu and Bear....... Isn't this just marvelous..... we sit here saying that you DO get opportunities throughout the day with the basic rules..... you guys snag points off the GU and I snag points off the EJ!!! I missed your because I was ...

CHOROS System

New trade - will it work? who knows — New trade. Strong downward movement, but I got the signal on the 5 minute which was what I was looking for...... now patience time. Ongoing comments: 1. New to 5 minute entries so this is more of a test ...

CHOROS System

Most people here stick to the base rules and then add a 'little' something else. It could be another MA, timeframe, Pivots, fibonacci etc etc. So, the basic ruleset is there, but with many traders in here, there are LOTS of other things to be seen, ...

CHOROS System

I'm not so sure, price has moved pretty well near the close of the US session and the open of the Asia over the last week or so...... across most of the currencies. It does quieten down around now (5-6pm) on GU, but others are still moving. One ...

CHOROS System

I know its not part of the rules, but we have just hit the monthly 10ema on the GU.

CHOROS System

You have done well with that! My comments will only have kept you out of the trade, but here they are for what they are worth. 1. Sideways movement 2. Price has already moved a LONG way today 3. 3 pip different from a double top on the 1hr The ...

CHOROS System

hmmmmm..... read a little further....... I went live a short while ago...... and boy, does that change things! I had around a month where I was flying and could not go wrong.... of course at that time, I added more and more to the charts so I could ...

CHOROS System

Not that I have seen. I used to, but now I am trying to use 5 minute PA entries.

CHOROS System

LOL. Mr Bear..... post up some charts, there are plently of people here who will/can help. It helps others to see good and bad charts too. The more you post the more help you get. The Stops used in this strategy are Tight with a capital T, especialy ...

CHOROS System

, Sadly, Clay, who designed the strategy, was banned from the site, so he does not post anymore. Kostas - who has had outstanding success with the strategy continued the legacy by creating this thread. However, all traders are different and there ...

CHOROS System