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CHOROS System

  • #13,521
  • Mar 14, 2018 7:48am Mar 14, 2018 7:48am
Quoting kostas1
This was called in the Interactive thread, 4-5 hours ago: https://www.forexfactory.com/showthr...5#post10870565 Here is the chart: {image}
Beautiful trade, kostas. Quite a lot for me to learn still, but I love it more and more...
  • #13,522
  • Mar 15, 2018 8:40pm Mar 15, 2018 8:40pm
Quoting kostas1
Hi all, CHOROS (pronounced ho-roh-sh) means Dance in Greek.

Hi Kostas and all,

Its nice to see this thread going well after what happened with original Dance. I went through original dance manual and went through all the pages original Dance thread in FF. My plan is to stick to this method for some time until I get the hang for it.it may be one or two months or may be years ..what ever...I plan to work hard . Cos I like to develop bear view of the charts with out fancy indicators. Once I finish reading the manual and get a good feal of the rules..then I will go through the posts in this page. Hope the experienced guys help me out after ..
Also Many many Thanks to Clay and of course Endroute for the method.


Good luck guys and well done Kostas
Focus, Patience, Discipline, Determination and Perseverance
  • #13,523
  • Mar 16, 2018 1:15am Mar 16, 2018 1:15am
Hi,
I am trying to set up my profile. its Up and running. Figured my 5 digit broker issue in round numbers indi. but my candle time and spread indicator shows up like this. Any help would be much appreciated.
Attached Image
Focus, Patience, Discipline, Determination and Perseverance
  • #13,524
  • Edited 3:20am Mar 16, 2018 1:46am | Edited 3:20am
Quoting Suran
Hi, I am trying to set up my profile. its Up and running. Figured my 5 digit broker issue in round numbers indi. but my candle time and spread indicator shows up like this. Any help would be much appreciated. {image}
Skip that indi from your screen,
solutions can be that simple ;-)

Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [GBPUSDc,H1] 2018-03-16 09.17.18.png Size: 31 KB
Risiko birgt immer auch die Chance.
  • #13,525
  • Mar 16, 2018 2:41am Mar 16, 2018 2:41am
Quoting Sesamstrasse
{quote} Skip that indi from your screen, solutions can be that simple ;-)

Make sense..but I would like to see the candle time indicator in my charts if possible.
If I can't figure out the issue then I would remove it for good. thanks
Focus, Patience, Discipline, Determination and Perseverance
  • #13,526
  • Edited 7:38am Mar 16, 2018 6:29am | Edited 7:38am
Been in this trade for ages. After closing 50% at 15 pips only now I have been able to trail the stop after moving to b/e. TP is at RN. Hope US news won't get in the way

Edit: Stop at 6.8 pips hit on 2nd half. In hindsight US opening and several attempts to break the LOD were made and rejected, so it would have been wise to close earlier with bigger profit, but hindsight is just what it is... a word in the wind LOL. Anyway trade was profitable, once again. Rinse and repeat...
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-03-16_11-28-38.png Size: 31 KB
  • #13,527
  • Mar 16, 2018 6:53am Mar 16, 2018 6:53am
Quoting Suran
{quote} Make sense..but I would like to see the candle time indicator in my charts if possible. If I can't figure out the issue then I would remove it for good. thanks
Hi. You could try this couple of indicators if you like. They show as in the pic.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-03-16_11-50-17.png Size: 25 KB
Attached File(s)
File Type: ex4 Spread.ex4   9 KB | 292 downloads
File Type: mq4 Spread.mq4   3 KB | 335 downloads
File Type: ex4 QFF-CandleCountdown.ex4   4 KB | 323 downloads
  • #13,528
  • Mar 16, 2018 8:06am Mar 16, 2018 8:06am
Quoting 4fxonly
{quote} Hi. You could try this couple of indicators if you like. They show as in the pic. {image} {file} {file} {file}
Thanks Buddy..really helpful. Will try this
Focus, Patience, Discipline, Determination and Perseverance
  • #13,529
  • Mar 16, 2018 9:27am Mar 16, 2018 9:27am
Saw this trade..Candle crossed the 50/35 and round number and raced back hard for a retest... couldn't control my fingers ..
So just shorted for test.took 10 pips on demo...looks good for me.BTW I am not demo testing yet .only practicing simulator these days.
Any comments apreciate.
Attached Image
Focus, Patience, Discipline, Determination and Perseverance
  • #13,530
  • Mar 17, 2018 4:31am Mar 17, 2018 4:31am
Quoting Suran
Saw this trade..Candle crossed the 50/35 and round number and raced back hard for a retest... couldn't control my fingers .. So just shorted for test.took 10 pips on demo...looks good for me.BTW I am not demo testing yet .only practicing simulator these days. Any comments apreciate. {image}
I took the same trade. I didn't post at the time as I had to leave so I managed it on my iphone. Only now I got a hold of my PC and am posting the outcome. Closed the 1st half at +15 and then targeted the LOD which looked like a sharp rejection. It decided instead to go for the RN for at least 15 more pips... I didn't feel comfortable handling it on a phone so I couldn't wait to close it but anyway still good.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-03-17_09-27-42.png Size: 43 KB
  • #13,531
  • Mar 18, 2018 3:47pm Mar 18, 2018 3:47pm
Quoting kostas1
OK. I will now stop trading for today since I reached a milestone and I am too excited to continue. I would like to share this with you so here it is. This is the first day that my account balance is higher than my initial deposit!!! Here are some interesting conclusions: 1. After digging myself in a hole of -88% I used the Dance to get out. I am in the positive and it took +472% to do this. 2. This was achieved in 64 trading days 3. Daily +3% was doable as evidenced here (so far Clay was right). Actually,...
Hello Kostas1.
Thank you for good strategy.
If it is not secret, how many lot do you use now in live trading account? 4-5 lot as you wanted to achieve 8 years ago?
Is your success rate still around 70% ?
I'm just curious, also, maybe your answer will motivate me much stronger than now
thank you.
  • #13,532
  • Mar 19, 2018 1:35pm Mar 19, 2018 1:35pm
My trade today. Nice confluence of RN, 50ma with good angle on m15 and 35ma on H1. The 2nd target was on immediate resistance but holding for next RN would have been better. Never mind.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-03-19_18-29-57.png Size: 46 KB
  • #13,533
  • Mar 19, 2018 2:05pm Mar 19, 2018 2:05pm
Quoting 4fxonly
My trade today. Nice confluence of RN, 50ma with good angle on m15 and 35ma on H1. The 2nd target was on immediate resistance but holding for next RN would have been better. Never mind. {image}
Excellent exit, I took it as entry.
2nd bounce 50 ema h4 -- confluence DP.
20 green afterwork.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,H4] 2018-03-19 20.03.15.png Size: 23 KB
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M1] 2018-03-19 20.05.37.png Size: 19 KB
Risiko birgt immer auch die Chance.
  • #13,534
  • Mar 19, 2018 3:13pm Mar 19, 2018 3:13pm
Quoting 4fxonly
My trade today. Nice confluence of RN, 50ma with good angle on m15 and 35ma on H1. The 2nd target was on immediate resistance but holding for next RN would have been better. Never mind. {image}
At exactly the same time I took the same trade in GJ....
Attached Image (click to enlarge)
Click to Enlarge Name: GJ1.jpg Size: 57 KB
  • #13,535
  • Mar 19, 2018 5:31pm Mar 19, 2018 5:31pm
Well done, guys.
@kostas1: I've noticed you only use 1 target without splitting. Do you find this way more profitable? Apologies if you have mentioned it already, but I still haven't finished to read the whole thread.
  • #13,536
  • Mar 20, 2018 2:32am Mar 20, 2018 2:32am
Quoting 4fxonly
Well done, guys. @kostas1: I've noticed you only use 1 target without splitting. Do you find this way more profitable? Apologies if you have mentioned it already, but I still haven't finished to read the whole thread.
Yes, no splitting.
It may be just me, but splitting plays games with my mind. Whenever I tried it, I found that I would have made more money by using one order.
Just a piece of advice: in the beginning to build your confidence (and your account!) it may make sense to take quick profits. I still do it sometimes when the market is erratic, I grab quick 10-15 pips and close the trade. By experience, you will start feeling when a trade is worth giving time to develop to 30-40 pips. Usually, around 18-25 pips I close it.
  • #13,537
  • Mar 20, 2018 3:18am Mar 20, 2018 3:18am
Quoting kostas1
{quote} Yes, no splitting. It may be just me, but splitting plays games with my mind. Whenever I tried it, I found that I would have made more money by using one order. Just a piece of advice: in the beginning to build your confidence (and your account!) it may make sense to take quick profits. I still do it sometimes when the market is erratic, I grab quick 10-15 pips and close the trade. By experience, you will start feeling when a trade is worth giving time to develop to 30-40 pips. Usually, around 18-25 pips I close it.
Thank you, Kostas. Your suggestion sounds sensible. I do tend sometimes to wait for more pips and then end up closing at b/e or worse with a loss.
  • #13,538
  • Mar 20, 2018 5:01am Mar 20, 2018 5:01am
Luv it,
I toyed this pair in range in m1:
https://www.forexfactory.com/showthr...3#post10889043

- and saw in M5 choros style the constrainment and took a early Breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDcM5.png Size: 22 KB
Risiko birgt immer auch die Chance.
  • #13,539
  • Mar 20, 2018 9:06am Mar 20, 2018 9:06am
hi kosta1 .
iam reading and practice ur trade . it is good and nice.
can u please put ur template or indicators.?
thanks
  • #13,540
  • Mar 22, 2018 4:22am Mar 22, 2018 4:22am
Freeeee faaaaallin
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M5] 2018-03-22 10.19.04.png Size: 23 KB
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M15] 2018-03-22 10.20.51.png Size: 10 KB
Risiko birgt immer auch die Chance.
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