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CHOROS System

  • #14,901
  • Jan 7, 2020 8:45am Jan 7, 2020 8:45am
Quoting mtruefx
EUR 15 min - 35/50 constrainment trade 14 pips. I exited at 4 hour 50 EMA touch {image}
Good trade my friend. But be carefull...this wasn't a constrainment!
You are allowed to fall but you are imposed to get up!
  • #14,902
  • Jan 7, 2020 10:35pm Jan 7, 2020 10:35pm
[quote=kostas1;3723729]{quote} Here is an EA to do this that a good friend has shared with me. It was also used in the infamous C4 thread (hope I am not banned then...). The EA will move the SL to BE at any point you set it for and it will also take partial profit at any point you tell it to. Kostas P.S. A bird told me that Bluemaster may be preparing something good tooHi kostas1, the EA does not work
  • #14,903
  • Jan 8, 2020 12:21am Jan 8, 2020 12:21am
Quoting nschwegl
{quote} Sorry arha, I have made the changes, but the EA does not work
You likely need to add this file to the same folder where you put the MQ4 file.
Attached File(s)
File Type: mqh WinUser32.mqh   26 KB | 241 downloads
  • #14,904
  • Edited 9:34am Jan 8, 2020 1:57am | Edited 9:34am
-2+5+
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDcM1.png Size: 60 KB
Risiko birgt immer auch die Chance.
  • #14,905
  • Jan 8, 2020 9:34am Jan 8, 2020 9:34am
EU Scoop up 5+6

I hope I could inspire you guys to get some easy pips in smaller timeframes as well.

..the benefit is.... zero knowledge about Fundamentals, plenty opportunities a day.. with only about 2 hours time investing.

Good luck the next weeks and trade well.

Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDcM5.png Size: 73 KB
Risiko birgt immer auch die Chance.
  • #14,906
  • Jan 9, 2020 2:26am Jan 9, 2020 2:26am
I hope you guys show early this great GBPUSD move in H1 and took some good pips...We can now wait for M15 and/or H1 bounces.

Happy trading!
You are allowed to fall but you are imposed to get up!
  • #14,907
  • Jan 9, 2020 3:40am Jan 9, 2020 3:40am
Hello all!
Missed the first ema10 touch there on Gu..but took the second this time because of the strength of move and confluence with s/r level...good for +17p.

Lets see what happens next...
Attached Image
whatever happens next....
  • #14,908
  • Jan 9, 2020 6:07am Jan 9, 2020 6:07am
Another short on gu - classical sma/ema 35/50 touch...got out early with 7 pips at s/r level and RN because of two more things...price is at weekly range low and sma35 on my daily chart
(still uptrend on daily) and my ADR showed 100% reached for today....better safe than sorry...first pic is daily, second m15 timeframe
Attached Image (click to enlarge)
Click to Enlarge Name: terminal_Wl0kvAk00a.png Size: 17 KB
Attached Image
whatever happens next....
  • #14,909
  • Jan 9, 2020 6:38am Jan 9, 2020 6:38am
Quoting holgi19
Hello all! Missed the first ema10 touch there on Gu..but took the second this time because of the strength of move and confluence with s/r level...good for +17p. Lets see what happens next... {image}
I only got the M15 10EMA setup for +20 pips.

Missed the M15 35/50 because I was not in front of my PC
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
  • #14,910
  • Jan 9, 2020 8:07am Jan 9, 2020 8:07am
It’s nice to see holgi19, Haydel and arha 10 years later using the same system. Can I ask what have each of you learnt over the last 10 years of trading, and what have you all changed in order to become better fx traders?
  • #14,911
  • Jan 9, 2020 3:25pm Jan 9, 2020 3:25pm
Quoting Gragab
It’s nice to see holgi19, Haydel and arha 10 years later using the same system. Can I ask what have each of you learnt over the last 10 years of trading, and what have you all changed in order to become better fx traders?
For me i can say i´m relatively new to forex trading compared to many others in this thread...what i have learned so far and still learning to become better is:

for me as a person:
- i´m different from other traders..no one is the same...discover what suits me best and not to have the expectation to do and see exactly the same things/trades that other traders do
- take trading seriously and with a goal/vision
- correct unrealistic expectations
- wait for the best setups with patience
- fight greed, be happy with small wins
- spend much more time with keeping trading journal and analysis of own trades
- being aware that its lifelong learning and adapting new conditions
- do not lose confidence being in a losing streak and never ever give up
......

as to trading itself:

- read this thread again and again (and TOC, clays thread, Kostas notes)
- use simulator (very important is for me: simulator with different timeframes- so being able to watch what price does overall,get a grip of confluence factors, build up self confidence)
- screentime
- trade o n l y when i have enough time do to it stressless and focused in a comfortable surrounding

... there are many more things but i better stop now.....

hope that helped a little

i´m also curious what the veterans here have to say about that





-
whatever happens next....
  • #14,912
  • Jan 9, 2020 11:24pm Jan 9, 2020 11:24pm
Quoting Haydel
{quote} Missed the M15 35/50 because I was not in front of my PC
I missed it for the same reason and I was really pissed off...
You are allowed to fall but you are imposed to get up!
  • #14,913
  • Jan 10, 2020 1:48am Jan 10, 2020 1:48am
Quoting holgi19
wait for the best setups with patience
For me, this is everything. It's easy to FOMO and it's easy to talk yourself into a bad entry, but the more you exercise your self-control, the better your results are going to be.
  • #14,914
  • Jan 10, 2020 2:55am Jan 10, 2020 2:55am
Quoting sangnt0904
I am using EA simulator to practice what I am learning with this system. The simulator supports multiple time frames. MTF indicators work well with the simulator. Sang {image}
Hello Sang,

Can you please share your Simulator??
  • #14,915
  • Jan 10, 2020 11:25pm Jan 10, 2020 11:25pm
I use the fxsimulator.com which has the various time frames. There is a cost to purchase, the 1st month is free.
  • #14,916
  • Jan 11, 2020 5:11am Jan 11, 2020 5:11am
Quoting Sesamstrasse
EU Scoop up 5+6 I hope I could inspire you guys to get some easy pips in smaller timeframes as well. ..the benefit is.... zero knowledge about Fundamentals, plenty opportunities a day.. with only about 2 hours time investing. Good luck the next weeks and trade well. Guido
Keeping it simple is the key!!
Thank you for sharing
  • #14,917
  • Jan 13, 2020 2:06am Jan 13, 2020 2:06am
GBPUSD 15 + 43 pips. Entry off M5 and again off M15.
Attached Image
  • #14,918
  • Edited 2:53am Jan 15, 2020 2:20am | Edited 2:53am
Would you consider this to be a valid 10 MA touch?
Attached Image (click to enlarge)
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  • #14,919
  • Edited 6:21am Jan 15, 2020 6:04am | Edited 6:21am
EURCHF - 15 min chart 35/touch (35&50 nicely on top of each other)

Risked 8 pips, TP at 16.

I'm sure you all can spot some nice entries on this pair the last couple of days.
Attached Image (click to enlarge)
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  • #14,920
  • Jan 16, 2020 11:31am Jan 16, 2020 11:31am
I have been watching the usdchf for the past 6 hours. The moral of the story is never to trade against a daily pin.
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