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CHOROS System

  • #13,741
  • Jun 18, 2018 6:18am Jun 18, 2018 6:18am
Quoting Haydel
EURUSD M15 35/50 in confluence with H1 10EMA and RN at 1.1600. Looks tempting.
but H4 looks like sell
  • #13,742
  • Edited 8:22am Jun 18, 2018 7:04am | Edited 8:22am
Quoting amedeo
{quote} but H4 looks like sell
Yep, but the thing is that Choros is mostly scalping, getting around 10 pips form every setup almost always, some times more.

EDIT: This means that you can get a nice setup on the M15 chart to get 5 to 10 pips while one H4 bar is still forming. But don't get me wrong, your observation was very important. In this case I traded against the H4, D1 and W1 trend, even H1 is ranging. Not safe. Nevertheless, I was not planing to get more than 10 pips from it and traded with only 7 pips Stop Loss.
  • #13,743
  • Jun 18, 2018 7:54am Jun 18, 2018 7:54am
Quoting Haydel
EURUSD M15 35/50 in confluence with H1 10EMA and RN at 1.1600. Looks tempting.
Was tempting, was profitable. Got my +10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 20180618.png Size: 27 KB
  • #13,744
  • Jun 18, 2018 12:26pm Jun 18, 2018 12:26pm
USDCAD is getting my attention now:
H1 10EMA in confluence with M15 35/50 to go LONG.
  • #13,745
  • Jun 18, 2018 7:16pm Jun 18, 2018 7:16pm
Hi everyone,

I've just went through the files and realized that the template on page 1 seems outdated. Even kostas uses now pivots, less round numbers and so on? Where would I be able to find the latest template or does everyone now change it to its own liking? Since I follow the PDF that has been provided, explaining the dance but now this gets confusing why people change stuff .... help would be appreciated.
  • #13,746
  • Jun 18, 2018 10:25pm Jun 18, 2018 10:25pm
Quoting RaysJourney
Hi everyone, I've just went through the files and realized that the template on page 1 seems outdated. Even kostas uses now pivots, less round numbers and so on? Where would I be able to find the latest template or does everyone now change it to its own liking? Since I follow the PDF that has been provided, explaining the dance but now this gets confusing why people change stuff .... help would be appreciated.
Good morning.

The only "new thing" in this thread is :
We skipped the 5 Ema from original "dance".
Some traders like Pivots, some not--
That´s it.

There are 3 MA´s :
10 Ema, 35Sma, 50 Ema. - and the knowledge how to use it.

You´ll be able to spot AAA entries when you read the thread..
It´s really all in here--- no secrets, no tricks.. But it won t overcome YOU in a week and you become a billionaire!
Trading is hard work, patience is what pays out-- up to you.

Good luck.
Guido
Risiko birgt immer auch die Chance.
  • #13,747
  • Jun 18, 2018 11:09pm Jun 18, 2018 11:09pm
Took this one before Frankys. JPY was realy strong and NZD was very weak. +10

Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-19NZDJPYM5.png Size: 42 KB
  • #13,748
  • Edited Jun 19, 2018 4:29am Jun 18, 2018 11:38pm | Edited Jun 19, 2018 4:29am
Pre Frankfurt trade

Cable m5 entry, higher TF (H1)confirmed.

I put 2 full sized orders-- one closed with +27--

In my weekly top down analyses I have this pair with short bias, TP a couple of hundred pips lower.

I´ll let the other portion run a bit --



Stay tuned
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDcH1.png Size: 19 KB
Click to Enlarge Name: GBPUSDcM5.png Size: 17 KB
Risiko birgt immer auch die Chance.
  • #13,749
  • Jun 18, 2018 11:41pm Jun 18, 2018 11:41pm
Quoting Sesamstrasse
{quote} Good morning. The only "new thing" in this thread is : We skipped the 5 Ema from original "dance". Some traders like Pivots, some not-- That´s it. There are 3 MA´s : 10 Ema, 35Sma, 50 Ema. - and the knowledge how to use it. You´ll be able to spot AAA entries when you read the thread.. It´s really all in here--- no secrets, no tricks.. But it won t overcome YOU in a week and you become a billionaire! Trading is hard work, patience is what pays out-- up to you. Good luck. Guido
Thank you kindly :-)
  • #13,750
  • Edited 7:14am Jun 19, 2018 4:29am | Edited 7:14am
Quoting Sesamstrasse
Pre Frankfurt trade Cable m5 entry, higher TF (H1)confirmed. I put 2 full sized orders-- one closed with +27-- In my weekly top down analyses I have this pair with short bias, TP a couple of hundred pips lower. I´ll let the other portion run a bit -- Stay tuned Guido {image} {image}

Exit with the last portion around 50 pips.
Risiko birgt immer auch die Chance.
  • #13,751
  • Jun 19, 2018 10:56am Jun 19, 2018 10:56am
Quoting Haydel
USDCAD is getting my attention now: H1 10EMA in confluence with M15 35/50 to go LONG.
This was not the best entry, it was exactly at the touch of the H1 10EMA. It went against me for a bit more than 15 pips almost hitting my 17 pips Stop Loss but at the end I got +22 pips out of it.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD 20180618.png Size: 44 KB

This is a good example of trading with the trend of Higher Time Frames, its a lot safer, even when the entry was not the best. Right now all USDCAD Higher Timeframes are pointing up. And according to our friend Sesamstrasse we still have a couple of hundred pips up.
Quoting Sesamstrasse
Good morning, Ucad and UJ are my top picks for the next couple of hundred pips. {image}{image}
  • #13,752
  • Jun 20, 2018 2:12am Jun 20, 2018 2:12am
NZD weakness, sold NZDJPY and NZDUSD, both +10

Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-20NZDJPYM5.png Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-20NZDUSDM5.png Size: 43 KB


And EURJPY out at BE

Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-20EURJPYM5.png Size: 45 KB
  • #13,753
  • Jun 20, 2018 3:15am Jun 20, 2018 3:15am
Hi,

Been enjoying reading this thread and The Dance thread, really good info in here.

One quick question before I get stuck into demoing. Can I ask why the scripts for buy/sell always set a lot size of 14.54 regardless of my account balance? Do I need to change anything?

Thanks
  • #13,754
  • Jun 20, 2018 3:58am Jun 20, 2018 3:58am
Hi,
Here is my first trade, EURUSD first touch of the 35/50 EMA, stopped out at BE, then 3rd touch (I believe this is a constrainment?), still in and locked in 5pips so far, we also had a touch of the 1H 10 EMA on this trade.

Any feedback on this trade?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
  • #13,755
  • Jun 20, 2018 4:21am Jun 20, 2018 4:21am
Quoting uksoundz
Hi, Here is my first trade, EURUSD first touch of the 35/50 EMA, stopped out at BE, then 3rd touch (I believe this is a constrainment?), still in and locked in 5pips so far, we also had a touch of the 1H 10 EMA on this trade. Any feedback on this trade? Thanks {image}
took more or less the same trade, but from the M5 chart. Entry after a closed 35/50 bounce. +10

Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-20EURUSDM5.png Size: 44 KB
  • #13,756
  • Jun 20, 2018 5:24am Jun 20, 2018 5:24am
Took the touch of the 50 4 bars back, as you can see this stopped me out.
I guess I didn't wait for any confluence in the 1HR, should I only really take touch trades if we have confluence around RN or HTF EMAs?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 28 KB
  • #13,757
  • Jun 20, 2018 6:46am Jun 20, 2018 6:46am
Quoting uksoundz
Took the touch of the 50 4 bars back, as you can see this stopped me out. I guess I didn't wait for any confluence in the 1HR, should I only really take touch trades if we have confluence around RN or HTF EMAs? {image}
Hi Uksoundz and welcome.

Basicly it looks good what you do.-- but look the MA´s are almost flat.
Practise will lead you to good results.

The question if you should only trades when there are confluences with other Tfs or round numbers :
No..not neccessary.
IMO more important is:
timing,
first touches (are the most safe touches) ,
steep MA angles
-and finally Priceaction!



Guido
Risiko birgt immer auch die Chance.
  • #13,758
  • Jun 21, 2018 1:56am Jun 21, 2018 1:56am
Waited until the market calms down from the news. Took two nice retraces of the M5 15 on pairs with a nice trend.

+10
Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-21GBPCHFM5.png Size: 41 KB


+10
Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-21GBPAUDM5.png Size: 43 KB
  • #13,759
  • Edited 11:04pm Jun 21, 2018 10:34pm | Edited 11:04pm
Early bird

EJ M1/M5
TP at RN+12 and +15.

Tried a second shoot in m1-- but got BE-- looks like I´m done this week-
Happy weekend :-)
Guido
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M5] 2018-06-22 07.31.35.png Size: 24 KB
Click to Enlarge Name: GBEbrokers-Live - [EURJPYc,M1] 2018-06-22 08.03.08.png Size: 24 KB
Risiko birgt immer auch die Chance.
  • #13,760
  • Jun 22, 2018 12:40am Jun 22, 2018 12:40am
Franky trades, first was really bad, the 15 was more or less flat -10. I have to work on this aspect as I am a bit too eager to trade. Second one was good, but went out at BE.

Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-22GBPUSDM5.png Size: 45 KB



First long at Franky, closed at BE. The second I took it before LO and it went to +10 like a sykrocket
Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-22EURUSDM5.png Size: 41 KB


After EUR skyrocketing, I waited for a retrace and found it on EURGBP, which was skyrocketing again +10

Attached Image (click to enlarge)
Click to Enlarge Name: 18-06-22EURGBPM5.png Size: 45 KB


Everything considered, it was a nice day and now I am closing my platform and enjoy the weekend. Cheers see you on monday
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