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CHOROS System

  • #13,901
  • Aug 16, 2018 2:31pm Aug 16, 2018 2:31pm
One pair trading can be frustrating, yes. But there is plenty of movement around. Has been a great month so far for Choros trading.
Stochastic and Heikin Ashi
  • #13,902
  • Aug 16, 2018 6:36pm Aug 16, 2018 6:36pm
Quoting BudSpencer
One pair trading can be frustrating, yes. But there is plenty of movement around. Has been a great month so far for Choros trading.
I think best to look at 1-3 pairs. Once you are looking at too many your attention is spread too thin and it's hard to get optimal entries.
  • #13,903
  • Aug 19, 2018 2:32am Aug 19, 2018 2:32am
Quoting GodFire
I was on holiday and didn't trade. Today I opened the cart and thought that there was no movement since it's august. It was surprising, that the market is moving that much in august! Surely didn't expect that... 2 trade during Frankfurt, selling AUD weakness {image} {image} Just when I closed the trades each +10, AUD is dropping like a stone
Excellent trade GodFire.
My understanding from Choros manual that exit target should be as far as possible swing point while the stop loss is trailed step by step behind bar extreme or round number. So we expect long run and not exit earlier, isn't it ?
  • #13,904
  • Aug 19, 2018 2:54am Aug 19, 2018 2:54am
Quoting Sesamstrasse
EU H1, first touch 10 kicked out at round number 19 pips. Guido {image}
Excellence entry @Sesamstrasse. Can I consider that the precedence constraints gave more weight to your 10 touch ?
Why 5EMA no more use as a filter ?
  • #13,905
  • Edited 12:02pm Aug 20, 2018 7:18am | Edited 12:02pm
Quoting hidymat
{quote} Excellence entry @Sesamstrasse. Can I consider that the precedence constraints gave more weight to your 10 touch ? Why 5EMA no more use as a filter ?
Hello Hidymat.

There are many influences to open a trade by the rules.

One - and a good one is:
Steep MA angle.
A touch is a touch whether it really or just touches the line
For me it looks like a first touch 10 Ema-- a classic trade and that´s what I´m looking for.

And about the 5 Ema-- already answered-- but here we go:
Too many false signals.

Hope I could help you to figure out the simplicity.

Greetings--
Holidayguido
Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [EURUSDc,H1] 2018-08-20 14.16.38.png Size: 28 KB
Risiko birgt immer auch die Chance.
  • #13,906
  • Aug 20, 2018 8:37pm Aug 20, 2018 8:37pm
Quoting Sesamstrasse
{quote} Hello Hidymat. There are many influences to open a trade by the rules. One - and a good one is: Steep MA angle. A touch is a touch whether it really or just touches the line For me it looks like a first touch 10 Ema-- a classic trade and that´s what I´m looking for. And about the 5 Ema-- already answered-- but here we go: Too many false signals. Hope I could help you to figure out the simplicity. Greetings-- Holidayguido {image}
good advice sir
  • #13,907
  • Edited 11:03pm Aug 20, 2018 10:52pm | Edited 11:03pm
Quoting Sesamstrasse
{quote} Hello Hidymat. There are many influences to open a trade by the rules. One - and a good one is: Steep MA angle. A touch is a touch whether it really or just touches the line For me it looks like a first touch 10 Ema-- a classic trade and that´s what I´m looking for. And about the 5 Ema-- already answered-- but here we go: Too many false signals. Hope I could help you to figure out the simplicity. Greetings-- Holidayguido {image}
Thank you @Sesamstrasse for your advice and 35 touch-entry sample.
Please keep posting more recent trade charts for education purpose after you come back from your holidayguido.
My appreciation and regard also to @eclayf / @kostas1 for his great Dance / Choros strategy.

By the way, how to make better step by step trailing stop so to minimize snap-back earlier.
Cheers,
  • #13,908
  • Edited Aug 23, 2018 4:14am Aug 22, 2018 9:12am | Edited Aug 23, 2018 4:14am
Quoting hidymat
{quote} Thank you @Sesamstrasse for your advice and 35 touch-entry sample. Please keep posting more recent trade charts for education purpose after you come back from your holidayguido. My appreciation and regard also to @eclayf / @kostas1 for his great Dance / Choros strategy. By the way, how to make better step by step trailing stop so to minimize snap-back earlier. Cheers,

You can start with one.
I left already around 7-to 800 charts here, should be enough to to see how it goes.

Cable h4, first touch.

...and back to things that looks not like charts.
Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [GBPUSDc,H4] 2018-08-22 16.08.14.png Size: 21 KB
Risiko birgt immer auch die Chance.
  • #13,909
  • Aug 22, 2018 12:56pm Aug 22, 2018 12:56pm
Quoting hidymat
{quote} Thank you @Sesamstrasse for your advice and 35 touch-entry sample. Please keep posting more recent trade charts for education purpose after you come back from your holidayguido. My appreciation and regard also to @eclayf / @kostas1 for his great Dance / Choros strategy.
All details are very clear explained in first year of this thread, roughly first 160 pages. That's all what you need to be a successful.
  • #13,910
  • Aug 23, 2018 9:07am Aug 23, 2018 9:07am
My first m5 demo practice with choros strategy, 64% win/BE is not too bad.
I'm not familiar yet with triple MA's so I use only an EMA with pure price movement i.e. constraint & expansion.

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  • #13,911
  • Aug 23, 2018 10:39am Aug 23, 2018 10:39am
Quoting hidymat
My first m5 demo practice with choros strategy, 64% win/BE is not too bad. I'm not familiar yet with triple MA's so I use only an EMA with pure price movement i.e. constraint & expansion. {image} {image}
You do absolutely right to keep your chart as clean as possible.

Just keep in mind:
First touches are the safest touches, and a m5 isn t that easy.
Anywhere in the original thread" the dance" was a m15 chart as a trend for the moment called.
And the 3 MA´s (former 4 MA´s) show the levels of retrace or form a counter move like a Scoop trade.
Risiko birgt immer auch die Chance.
  • #13,912
  • Aug 23, 2018 12:26pm Aug 23, 2018 12:26pm
Quoting Sesamstrasse
{quote} You do absolutely right to keep your chart as clean as possible. Just keep in mind: First touches are the safest touches, and a m5 isn t that easy. Anywhere in the original thread" the dance" was a m15 chart as a trend for the moment called. And the 3 MA´s (former 4 MA´s) show the levels of retrace or form a counter move like a Scoop trade.
Thank you Sesamstrasse for your kind words and advice.
I need time to understand and practice the 3 MA's as dynamic levels.
Cheers.
  • #13,913
  • Aug 23, 2018 2:12pm Aug 23, 2018 2:12pm
Quoting hidymat
{quote} Thank you Sesamstrasse for your kind words and advice. I need time to understand and practice the 3 MA's as dynamic levels. Cheers.
Pay attention to "50 EMA > 35 SMA" for buy and vice versa for sell. They tend to give 21% more movement in my EA. And the win% for 1m, 5m and 15m charts are almost equal in the EA too. So, if you adjust targets and SL to the TF, every TF works just as fine.
Stochastic and Heikin Ashi
  • #13,914
  • Aug 23, 2018 2:45pm Aug 23, 2018 2:45pm
And I'd like to post my first live trades result with Choros strategy at the last minutes of this weekend.
I made 2 trades for Euro m5, 1 win and 1 BE.
Have a nice weekend everyone.

Attached Image (click to enlarge)
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ps. @BudSpencer, sorry what is EA? Expert Advisor ...
  • #13,915
  • Aug 23, 2018 4:22pm Aug 23, 2018 4:22pm
Yes, expert advisor that monitors the MAs.
Stochastic and Heikin Ashi
  • #13,916
  • Aug 23, 2018 7:15pm Aug 23, 2018 7:15pm
Quoting hidymat
And I'd like to post my first live trades result with Choros strategy at the last minutes of this weekend. I made 2 trades for Euro m5, 1 win and 1 BE. Have a nice weekend everyone. {image} ps. @BudSpencer, sorry what is EA? Expert Advisor ...
Nice trade, good stuff
  • #13,917
  • Aug 23, 2018 9:05pm Aug 23, 2018 9:05pm
Quoting BudSpencer
Yes, expert advisor that monitors the MAs.
Can you give me link to your EA posting with user manual included pls.
  • #13,918
  • Aug 24, 2018 1:40am Aug 24, 2018 1:40am
Today Euro seems dance nicely in the m5 with many touches with big R some of them, even during Asian session.
Never miss them friends.

Attached Image (click to enlarge)
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  • #13,919
  • Edited 3:06am Aug 24, 2018 2:36am | Edited 3:06am
Just played again in the m5 dancing potential swing point upon entering Euro session door.
Let's dance friends and have a nice weekend everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd2 24Agt2018.JPG Size: 85 KB


ps. @BudSpencer, hi dude I'm still waiting to see your EA
@kostas1, I expect your visit, Jedi, at a glance here
  • #13,920
  • Aug 24, 2018 3:02am Aug 24, 2018 3:02am
Quoting hidymat
Just played again in the m5 dancing potential swing point upon entering Euro session door. Let's dance friends and have a nice weekend everyone. {image} ps. @BudSpencer, hi dude I'm still waiting to see your EA @kostas1, I expect your visit, Jedi, at a glance here
Good morning.
The longer wicks are are good observated.
You miss the basic information. (and the HL was a lower high in your chart)
I marked it in red.
Attached Image (click to enlarge)
Click to Enlarge Name: GBEbrokers-Live - [EURUSDc,M5] 2018-08-24 09.58.30.png Size: 50 KB
Risiko birgt immer auch die Chance.
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