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CHOROS System

  • #14,041
  • Sep 25, 2018 12:52am Sep 25, 2018 12:52am
My first trade today. It was a little bit scary but I dealed goos with fear

Closed manualy at 1.1772...
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You are allowed to fall but you are imposed to get up!
  • #14,042
  • Sep 25, 2018 1:20am Sep 25, 2018 1:20am
Quoting jan4ik05
Very nice anticipation iero4. Could you clarify what exactly were your triggers to enter that trade that early? Thank you and great job! J
Sorry for the late reply...I didn't notice your post earlier!

1) H4 pin bar (point 1)
2) m5 double top + MA touch (point 2)
3) M1 10 touch (point 3)

But most important for me is the analysis you can see in the chart. I can't make it more clear but it is based in my small experience after 7 years trading with Choros

In addition, let me tell you that this trade is not valid according to the rules because it is against trend. I have just created my own technique and style. It requires hours and hours of screen time. Just focus in basic trades. After some time you will be able to see in your screen (most times) and know exactly where the price is going to go. I think Kostas should know what I mean.
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You are allowed to fall but you are imposed to get up!
  • #14,043
  • Sep 25, 2018 1:24am Sep 25, 2018 1:24am
Quoting iero4
{quote} Sorry for the late reply...I didn't notice your post earlier! 1) H4 pin bar (point 1) 2) m5 double top + MA touch (point 2) 3) M1 10 touch (point 3) But most important for me is the analysis you can see in the chart. I can't make it more clear but it is based in my small experience after 7 years trading with Choros {image}
Thank you very much for the explanation. Great observation, I will keep that in mind while looking at the charts!

Best,
J
  • #14,044
  • Sep 25, 2018 1:57am Sep 25, 2018 1:57am
Entered a bit late but still a nice trade.
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  • #14,045
  • Sep 25, 2018 5:50am Sep 25, 2018 5:50am
Quoting kostas1
{quote} The normal and safe CHOROS trade is called scoop-up or scoop-down. 1. break of the 35/50 2. return to the 10 at which time you enter at the new direction See previous post from Godfire as an example of scoop-up.
Thank you very much for the explanation, Sir.
  • #14,046
  • Sep 25, 2018 2:44pm Sep 25, 2018 2:44pm
I'm reading right through the middle of the thread. Half way to go and I'm really enjoying it. This month I noticed change in my trades. I'm picking much more winners that losers, BUT my problem is, I closing them manually in fear of loss with little or no profit at all. I have to somehow trick my mind.
-Kosta1, I guess you are living now on your private island.
Good luck everybody.
  • #14,047
  • Sep 26, 2018 12:25am Sep 26, 2018 12:25am
Quoting Chrobakx
-Kosta1, I guess you are living now on your private island. Good luck everybody.
I don't think so...he knows that "Like Halkidiki...nowhere..."
You are allowed to fall but you are imposed to get up!
  • #14,048
  • Sep 26, 2018 12:51am Sep 26, 2018 12:51am
Quoting Chrobakx
I closing them manually in fear of loss with little or no profit at all. I have to somehow trick my mind.
You don't have to trick your mind at all.

When you open a trade it means that you have a plan. Your plan includes SL and take profit targets. You have to accept your loss before you enter the trade. If you do so, you will have more winners I think! FOREX is business. Follow your plan my friend or change it if you don't trust it.
You are allowed to fall but you are imposed to get up!
  • #14,049
  • Sep 26, 2018 12:59am Sep 26, 2018 12:59am
Quoting iero4
{quote} You don't have to trick your mind at all. When you open a trade it means that you have a plan. Your plan includes SL and take profit targets. You have to accept your loss before you enter the trade. If you do so, you will have more winners I think! FOREX is business. Follow your plan my friend or change it if you don't trust it.

I trust my plan, I just must remaining to myself more often or after every trade I enter, that anything can happen and I must accept the risk.
  • #14,050
  • Sep 26, 2018 3:28am Sep 26, 2018 3:28am
im still new on this system,, and its still unclear for me...
PATIENCE AND DISCIPLINE!
  • #14,051
  • Sep 26, 2018 11:40pm Sep 26, 2018 11:40pm
Good morning ladies and gents

First trade this morning GU 15tf ema10 touch TP+10 was hit. It was nice quick trade.
I changed my approach how to handle trades. My Tp is 10 pips and SL 12. Yea someone can say the R:R is wrong and I will lose all after while. After I open new trade, I don't care anymore about it until TP or SL is hit and I feel good.
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  • #14,052
  • Sep 27, 2018 12:09am Sep 27, 2018 12:09am
Same here
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You are allowed to fall but you are imposed to get up!
  • #14,053
  • Sep 27, 2018 12:36am Sep 27, 2018 12:36am
it was a perfect "CHOROS-dance-day" because we had strong trends coming in into frankfurt and london open, so i switched to dance-modus;-)

EJ and GJ shorts:
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trading is like dancing, don't think and just listen to the music!
  • #14,054
  • Sep 27, 2018 1:31am Sep 27, 2018 1:31am
Second trade, almost touch ema 10 GU 15tf, TP hit +10,4
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  • #14,055
  • Sep 27, 2018 1:41am Sep 27, 2018 1:41am
Quoting Chrobakx
Second trade, almost touch ema 10 GU 15tf, TP hit +10,4 {image}
congrat,
to help yourself and us to see your trades better: just drag and drop the trades from "tradehistory" into the chart.
trading is like dancing, don't think and just listen to the music!
  • #14,056
  • Sep 27, 2018 1:46am Sep 27, 2018 1:46am
Quoting birdland
{quote} congrat, to help yourself and us to see your trades better: just drag and drop the trades from "tradehistory" into the chart.
Hey my friend! Nice to see you here again
You are allowed to fall but you are imposed to get up!
  • #14,057
  • Sep 27, 2018 1:47am Sep 27, 2018 1:47am
Quoting birdland
{quote} congrat, to help yourself and us to see your trades better: just drag and drop the trades from "tradehistory" into the chart.

Thanks Birdland, I'm using MT4 just to see the market and Oanda platform for executions, thats why Im using arrows to show my entries. Black arrow is entry, green or red exits.
  • #14,058
  • Sep 27, 2018 1:53am Sep 27, 2018 1:53am
Quoting iero4
{quote} Hey my friend! Nice to see you here again
same to you...i was never really gone, quiet following the thread.
and learning also from other nice forex approaches.
now it comes more and more all together like a puzzle...
trading is like dancing, don't think and just listen to the music!
  • #14,059
  • Sep 27, 2018 2:58am Sep 27, 2018 2:58am
10 ema touch on 1hr tf. I closed it manually at +12. I'm too afraid to hold this position because this is my first time trade EJ
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  • #14,060
  • Sep 27, 2018 4:42am Sep 27, 2018 4:42am
That's the trade I was waiting patiently from the morning!
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You are allowed to fall but you are imposed to get up!
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