Great post! Exactly what I was looking for. I am very much a 'touch' trader, which I think is fine if you are looking for tons of pips, but doesn't seem to make much sense if you are looking for a few (30) pips and solid entries. How do you setup ...

CHOROS System

Kostas, Out of interest, how many trades do you think you miss because you wait for good PA on the 5 minute? Lee *edit* Also, would you consider that trade a daily bounce or a simple (nothing simple about it) trade? I ask because at the time of your ...

CHOROS System

Interesting, I didnt realise you had gone that late! good move!

CHOROS System

Yup.... waiting for this one. Just missed the exact same trade on the CHF/JPY though

CHOROS System

Hey, No worries. I am sure Kostas will reply when he gets a chance. He trades from work, so he is not always around. Lee

CHOROS System

Kostas, Just in response to your point yesterday about looking at the CHF/JPY, I don't want to influence you and take you away from what you are doing, which is ALWAYS a danger in forums, but I just checked and 3/4 of my account growth trades come ...

CHOROS System

I am guessing here, but I would imagine he took one of the three doji. Doji at the top of the move are good reversal signals - you just need the patience of a saint to wait for them

CHOROS System

Hey Kostas, Yeah.... thought you might have done WAY better than me on that Daily!!! I have rarely traded the daily chart and was expecting a big push, which may or may not be the way it works. In relation to the above trade at 31 ...

CHOROS System

C/J New — Another C/J Trade. Price broke through the 15minut 10 ema. I was fairly confident that it would not bounce because of the Doji which formed at the top of the move and at Yesterdays high. I took the entry on the retest of teh 15m ...

CHOROS System

NEW GU Daily 10ema — Hey. New trade. Daily 10ema touch with confluence around the RN. Chart below. *EDIT* GOt stopped out Looking at all those wicks on the Daily, I think the idea of a BIG bounce off the 10 was probably not the best. If my ...

CHOROS System

New Trade GU — Hi, Been busy this morning.... which I don't know is good or bad. Took another GU. 15 minute 10ema bounce with a tight stop. Comments on chart. At the time of posting this my first TP of 15 pips has been hit and I have just ...

CHOROS System

New — I took this trade.... as usual, it was on teh CHF/JPY..... ie my laptop, so no info in the pic. I had tried for a bounce on the 15 minute 10ema, which I felt had confluence on the MS1. It did not work. Price moved through it fairly ...

CHOROS System

New Trade — Took this trade. Information is in the chart. At the time of posting this I have already been stopped out. It was tight to start with but price has moved against me. Will try to establish why that is. Please feel free to comment on ...

CHOROS System

If anyone is watching currently. Keep an eye on the daily 10ema - GU We might not get there, but we have just had a great run at it.

CHOROS System

Cool...... does that mean I get a commission?

CHOROS System

Hey, I am not sure that I was clear with the description of my intial trade, at least it seems that way after your response... or 'I' may be reading that wrongly. I posted a chart to explain where it failed..... though, it's not really an ...

CHOROS System

new — Took this trade just now. I had previously gone for the 50 bounce, three candles before, but as you can see, price plumeted through that! I entered my usual 3 part trade. TP was taken at 15 pips. I then closed the second part of the ...

CHOROS System

I am reading that book too..... along with 'The Greatest Salesman in the World' and the scrolll book with it....... not everyones cup of tea, but I am loving them! Trading the Zone is a tough one for me. I get a littel frustrated with books that ...

CHOROS System

Hey Hiram, I trade the GU and the CHF/JPY (swiss franc.japyen). Those are the only two I trade. I watch them pretty much all day (learning full time) I found the CHF/JPY just by looking through the pairs and I noticed on that particular day how the ...

CHOROS System

New Trade — New GU trade. Confluence of the 1hr 35/50. Having just completely forgotten about that, not so furry, animal posted above! *edit* SL was a few pips to tight. Got stopped out before I had even posted this.

CHOROS System