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CHOROS System

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  • Post# 8,681
  • Quote
  • Dec 24, 2012 2:53am
  • Eur Usd
    Joined Jun 2012 | 706 Posts | Status: Re-Member
what simulator do you use and is it free?
  • Post# 8,682
  • Quote
  • Dec 24, 2012 2:40pm
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Some nice trades on EURJPY. Didn't take any but here they are ! Constrainment trades. Red circles are constrainment trades but wouldnt take because (1) price action suggests it wont be constrained (shooting star in upward constrainment) (2) lower highs without an upward price action, indicating a range forming. Gray circles are ones that would've hopefully been taken.


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Size: 190 KB
The flow must continue. There is no exception!
  • Post# 8,683
  • Quote
  • Dec 24, 2012 2:55pm
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Does anyone else trade eurjpy? It seems constrainment trades on this beast gives tight stop losses and large runs (50+ pips). probably quite profitable.
The flow must continue. There is no exception!
  • Post# 8,684
  • Quote
  • Dec 24, 2012 2:59pm
  • Eur Usd
    Joined Jun 2012 | 706 Posts | Status: Re-Member
Quoting Starry
Does anyone else trade eurjpy? It seems constrainment trades on this beast gives tight stop losses and large runs (50+ pips). probably quite profitable.
I was trading it, and it was really profitable recently, more profitable than EUR/USD
  • Post# 8,685
  • Quote
  • Dec 24, 2012 3:01pm
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Quoting Eur Usd
I was trading it, and it was really profitable recently, more profitable than EUR/USD
Nice~!
The flow must continue. There is no exception!
  • Post# 8,686
  • Quote
  • Dec 24, 2012 11:27pm
  • Acroix70
    Joined Jan 2012 | 208 Posts | Status: Je Veux etre une legende
Quoting Starry
Does anyone else trade eurjpy? It seems constrainment trades on this beast gives tight stop losses and large runs (50+ pips). probably quite profitable.
Yes I have snagged some in the M5
  • Post# 8,687
  • Quote
  • Dec 25, 2012 3:44am
  • Eur Usd
    Joined Jun 2012 | 706 Posts | Status: Re-Member
Quoting Acroix70
By the way over the holiday I will try and to experiment with Murreys math lines on the simulator and seeing how they work in addition to the CHOROS system. I currently use pivots but upon discovering the math points it has struck some interest. Happy holidays and good luck to all my fellow traders
what simulator do you use and is it free?
  • Post# 8,688
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  • Dec 25, 2012 4:20pm
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Does anyone else have trouble looking back at the charts and only seeing positive examples and filtering the bad trades based on future data Im sure this method is profitable but this is the barrier i need to surpass - i look at the charts and am like - would've traded that, wouldn't trade that, 100% success yeah!
The flow must continue. There is no exception!
  • Post# 8,689
  • Quote
  • Dec 28, 2012 7:48pm
  • Acroix70
    Joined Jan 2012 | 208 Posts | Status: Je Veux etre une legende
Another good week, I ended up reaching my weekly goal in one trade that was pretty stress free.

So far I am in love with Murray Math lines
  • Post# 8,690
  • Quote
  • Jan 1, 2013 10:55am
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Whats your guys winning percentage on average?
The flow must continue. There is no exception!
  • Post# 8,691
  • Quote
  • Jan 1, 2013 10:59am
  • Eur Usd
    Joined Jun 2012 | 706 Posts | Status: Re-Member
Quoting Starry
Whats your guys winning percentage on average?
30-80% a month, depending how many days I can trade (I work full time)
  • Post# 8,692
  • Quote
  • Jan 1, 2013 12:00pm
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Quoting Eur Usd
30-80% a month, depending how many days I can trade (I work full time)
Is 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
The flow must continue. There is no exception!
  • Post# 8,693
  • Quote
  • Jan 1, 2013 12:05pm
  • Eur Usd
    Joined Jun 2012 | 706 Posts | Status: Re-Member
it is profit per month. I win about 70% of trades
  • Post# 8,694
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  • Jan 1, 2013 12:33pm
  • Starry
    Joined Feb 2011 | 707 Posts | Status: Member
Quoting Eur Usd
it is profit per month. I win about 70% of trades
cool! very encouraging
The flow must continue. There is no exception!
  • Post# 8,695
  • Quote
  • Jan 1, 2013 8:44pm
  • DizzleFX
    Joined Jun 2011 | 217 Posts | Status: Damn The Torpedoes Full Speed Ahead
Just took 20 pips on the USDJPY, I closed 2/3 of my position once I got a little over 1:1, moved my SL to BE and letting the rest run. I entered at the close of the pin bar. I had confluence of the M15 35 SMA as well as the H1 10 EMA. Some of yall might not have taken this trade, due to it being just under the daily pivot, but for me the pin bar was my confirmation that it wanted to move, so I disregarded the daily pivot. Would you say this trade was within the rules?
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  • Post# 8,696
  • Quote
  • Jan 4, 2013 3:24am
  • uilymmik
    Joined May 2007 | 29 Posts | Status: Member
hi, new friend to choros here. i've traded the simulator for some time now; having just moved onto a live mini account for a couple of days it feels like a whole new game play when it comes to watching 3 TFs ticking away at the same time. i have a problem with executing touch trades (or rather, watching it run-away a bit too frequently), this may sound silly but say for a short trade, do u consider it a touch when the MA gets touched by the ask price, the bid price, or somewhere in between?
  • Post# 8,697
  • Quote
  • Jan 4, 2013 3:33am
  • kk007
    Joined Feb 2009 | 2,901 Posts | Status: Commercial Member <- Don't trust me
Quoting uilymmik
hi, new friend to choros here. i've traded the simulator for some time now; having just moved onto a live mini account for a couple of days it feels like a whole new game play when it comes to watching 3 TFs ticking away at the same time. i have a problem with executing touch trades (or rather, watching it run-away a bit too frequently), this may sound silly but say for a short trade, do u consider it a touch when the MA gets touched by the ask price, the bid price, or somewhere in between?
Bid price, always.
  • Post# 8,698
  • Quote
  • Jan 4, 2013 3:44am
  • uilymmik
    Joined May 2007 | 29 Posts | Status: Member
Quoting kk007
Bid price, always.
bid for short always or bid for both long & short always?
  • Post# 8,699
  • Quote
  • Jan 4, 2013 3:48am
  • kk007
    Joined Feb 2009 | 2,901 Posts | Status: Commercial Member <- Don't trust me
Quoting uilymmik
bid for short always or bid for both long & short always?
long & short always
  • Post# 8,700
  • Quote
  • Jan 4, 2013 3:51am
  • uilymmik
    Joined May 2007 | 29 Posts | Status: Member
Quoting kk007
long & short always
thanks mate.
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