Forex Factory
  • Login

  • Username: Password:
  • 5:18am

  • Search
  • Home

  • Forums

  • Trades

  • Calendar

  • News

  • Market

  • Brokers

Options

Search
Search
Search

Subscribe to Thread

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

CHOROS Interactive 2101 replies

DDFX System: High Probability Trading System 257 replies

Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies

Another great Breakout GBP/JPY System (Dachel's Simple system) 61 replies

3-9% a day with CHOROS? 62 replies

  • Trading Systems
  • /
  • Reply to Thread
  • 2,769

CHOROS System

  • Last Post
  • First Unread
  •  
  • 1 417418Page 419420421 463
  •  
  • Post# 8,361
  • Quote
  • Nov 14, 2012 8:59am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
Quoting Jkdt
Tonny47,

Could you please share your ADR indi? I know there are many around FF but yours is exactly what I need.
sure, here you go.
Attached File
File Type: mq4 Daily Range.mq4   2 KB | 97 downloads
  • Post# 8,362
  • Quote
  • Nov 14, 2012 9:06am
  • Eur Usd ● Online
    Joined Jun 2012 | 730 Posts | Status: Re-Member
and just a reflection
I find dance to be brilliant system. what ruins it is my impatience. The thought that it will take me few years to get financial independence kills my patience. I keep trying hoping some day I will get there ;-)
  • Post# 8,363
  • Quote
  • Nov 15, 2012 3:42am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
thought i would post some chart of counter trend i took since we talked about it yesterday. based on pinbar at round number eurjpy plus the currency exceeded its range already. not a proper choros setup though. went in my favour for 11 pips and eventually stopped out at break even.
Attached Image (click to enlarge)
Click to Enlarge

Name: 15 november eurjpy countertrend ff.gif
Size: 19 KB
  • Post# 8,364
  • Quote
  • Nov 15, 2012 7:09am
  • kostas1
    Joined Mar 2009 | 1,935 Posts | Status: Member
Quoting tonny47
thought i would post some chart of counter trend i took since we talked about it yesterday. based on pinbar at round number eurjpy plus the currency exceeded its range already. not a proper choros setup though. went in my favour for 11 pips and eventually stopped out at break even.
Playing with fire my friend....
The 10EMA bounce would be the trade to take.
  • Post# 8,365
  • Quote
  • Nov 15, 2012 7:12am
  • baccarat ● Online
    Joined Sep 2012 | 157 Posts | Status: The Self-Punisher
Quoting tonny47
thought i would post some chart of counter trend i took since we talked about it yesterday. based on pinbar at round number eurjpy plus the currency exceeded its range already. not a proper choros setup though. went in my favour for 11 pips and eventually stopped out at break even.

If you really have to take a countertrend trade, be fast with your triggerfinger. Just take the 11pips and dont expect a maximum reversal
  • Post# 8,366
  • Quote
  • Nov 15, 2012 9:56am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
Quoting kostas1
Playing with fire my friend....
The 10EMA bounce would be the trade to take.

yes was a really silly trade. all previous trades this week were trend trades. although i kept SL tight (6pips), its not worthwhile. once i compromise on my discipline, that will lead to another one, and another... and we know how that ends.

didnt consider to go long because the daily range was more than the daily average.
  • Post# 8,367
  • Quote
  • Nov 15, 2012 9:57am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
Quoting baccarat
If you really have to take a countertrend trade, be fast with your triggerfinger. Just take the 11pips and dont expect a maximum reversal
should take profit on the touch of ema10
  • Post# 8,368
  • Quote
  • Nov 15, 2012 4:15pm
  • pfiffi4
    Joined Aug 2012 | 1 Post | Status: Junior Member
Hello,

is any experienced dance trader out here who got a live chat or something like this. The case iam asking is that iam better in learning haptically. I have read the manual a few times, spend a lot of time with the simulator but my main problem is to detect the trades in real time. Its not hard for me to pick up a chart and say here there and here i would have taken the trade by the rules. So would be realy nice if any one is here. By the way iam German and my time zone is +1 GMT.

Best regards to all dancers
  • Post# 8,369
  • Quote
  • Nov 16, 2012 12:01am
  • Binyamin
    Joined Jun 2011 | 975 Posts | Status: Consistency With Discipline
Quoting kk007
Buddy,

You said you have 2-5% return per month. How many % did you risk per trade and how many pairs did you watch, when you were getting this return rate?

kk007
With Choros, I traded AU, EU, GU. Mainly. I miss more than half the valid setups I should take(So theoretically I should have a higher % a month if I don't miss any setups) and my win rate was maybe about 65-75%. I can't quite remember when I started trading M15 10 with M5 exclusively, definitely since the beginning of the year for a few months at least. I risk about 0.5%-0.75% per trade at that time.
Market liquidity provider
  • Post# 8,370
  • Quote
  • Nov 16, 2012 3:23am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
shorted eurjpy 15 min rejection ema 35/50 and RN. fast +15 pips with no more than pip or two drawdown
Attached Image (click to enlarge)
Click to Enlarge

Name: 16 november eurjpy countertrend on 1 hour +15 ff.gif
Size: 29 KB
  • Post# 8,371
  • Quote
  • Nov 16, 2012 4:13am
  • Eur Usd ● Online
    Joined Jun 2012 | 730 Posts | Status: Re-Member
Short on Eur/USD on 15m chart. 18 pips (2,1% profit) caught

profit for this week: 14,8% 129 pips
I have to be careful on Friday's and I'll do maybe 1 more trade and stop for today
Attached Image
  • Post# 8,372
  • Quote
  • Nov 16, 2012 4:28am
  • kk007 ● Online
    Joined Feb 2009 | 2,914 Posts | Status: Commercial Member <- Don't trust me
Quoting Binyamin
With Choros, I traded AU, EU, GU. Mainly. I miss more than half the valid setups I should take(So theoretically I should have a higher % a month if I don't miss any setups) and my win rate was maybe about 65-75%. I can't quite remember when I started trading M15 10 with M5 exclusively, definitely since the beginning of the year for a few months at least. I risk about 0.5%-0.75% per trade at that time.
Thanks mate!
  • Post# 8,373
  • Quote
  • Nov 16, 2012 4:44am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
long gbpusd now. lets see how this one plays out
  • Post# 8,374
  • Quote
  • Nov 16, 2012 4:46am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
Quoting Eur Usd
Short on Eur/USD on 15m chart. 18 pips (2,1% profit) caught

profit for this week: 14,8% 129 pips
I have to be careful on Friday's and I'll do maybe 1 more trade and stop for today
  • Post# 8,375
  • Quote
  • Nov 16, 2012 4:49am
  • Eur Usd ● Online
    Joined Jun 2012 | 730 Posts | Status: Re-Member
Quoting tonny47
long gbpusd now. lets see how this one plays out
GBP/USD was behaving weird last few days, and it was hard to find entry according to dance, at least for me
  • Post# 8,376
  • Quote
  • Nov 16, 2012 4:52am
  • Eur Usd ● Online
    Joined Jun 2012 | 730 Posts | Status: Re-Member
Quoting tonny47
long gbpusd now. lets see how this one plays out
I went in anyway ;-)
  • Post# 8,377
  • Quote
  • Nov 16, 2012 4:54am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
Quoting Eur Usd
GBP/USD was behaving weird last few days, and it was hard to find entry according to dance, at least for me
true that, this is my second trade on gbpusd this week. there seems to be some support built overnight in 1.5860's area.
  • Post# 8,378
  • Quote
  • Nov 16, 2012 5:01am
  • tonny47 ● Online
    Joined Apr 2008 | 647 Posts | Status: Member
Quoting Eur Usd
I went in anyway ;-)
keeping my stop tight though - only 6 pips
  • Post# 8,379
  • Quote
  • Nov 16, 2012 5:02am
  • Eur Usd ● Online
    Joined Jun 2012 | 730 Posts | Status: Re-Member
Quoting tonny47
keeping my stop tight though - only 6 pips
my standard is 7 pips, plus adjustment behind round number sometimes
  • Post# 8,380
  • Quote
  • Nov 16, 2012 5:10am
  • Eur Usd ● Online
    Joined Jun 2012 | 730 Posts | Status: Re-Member
I knew long on cable is a bad idea ;-)
the setup looked good both on 15m and 1h, but cable was weird this week. I'll stick to eur/usd
Thread Tools Search this Thread
Show Printable Version Show Printable Version
Email This Thread Email This Thread
Search this Thread:

Advanced Search

  • Trading Systems
  • /
  • CHOROS System
  • Reply to Thread
    • 1 417418Page 419420421 463
3 traders viewing now
  • More

©2013 Forex Factory, Inc. / Terms of Use / Privacy Policy

Forex Factory® is a registered trademark.

Connect

  • Facebook
  • Twitter
  • RSS

Company

  • About FF
  • FF Blog
  • Careers at FF
  • Advertising
  • Contact FF

Products

  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer

Website

  • Homepage
  • Search
  • User Guide
  • Member List
  • Online Now
  • Report a Bug