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CHOROS System

I don't have a trade for today. I am afraid to open position when the MAs are flat in GU m15. From my experience, the price will have no direction and it will hunt my stoploss. So, when i see very long flat MAs usually i closed my mt4 and I will left behind when the price starting the new trend
there was a nice shorttrade of EU around the daily pivot, but i wasnt at my desk...target was aroung the monthly pivot.
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I know that you and I know nothing.
Forgot to post my trades from yesterday:
Each one for +10
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... which makes this day as best day ever for +40 pips

Today I took this one for +10
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UC trade +15 pips
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I'm trying to learn this system but having difficulty. I'm still studying it. All I wanted to know is that everyone who posts here is still using the same setup without any modification or variation. That would give me much needed confidence in a setup.
Quoting Bhoopalan
I'm trying to learn this system but having difficulty. I'm still studying it. All I wanted to know is that everyone who posts here is still using the same setup without any modification or variation. That would give me much needed confidence in a setup.
I'm still using it as it was mentioned at the beginning of this thread. Read the thread and trade, repeat and you will see the results. Maybe not immediately or after weeks, but if you stick with it, magic will happen.
Quoting Chrobakx
{quote} I'm still using it as it was mentioned at the beginning of this thread. Read the thread and trade, repeat and you will see the results. Maybe not immediately or after weeks, but if you stick with it, magic will happen.
Thanks, Chrobaks. Will do.
So these are my trades from today..thought it would be a slow one, but due to the Brexit news it got heated

First two trade are EU M15. First one I took as a constrainment +10 (was worth more than double). Second one was a confluence of 35/50 with RN (also +10).

Second trade was GJ M15. 10 EMA touch after the news candle stopped above the 10EMA and the next green candle closed also nicely as a confirmation. +19

Best,
J
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Hello forex friends!


For the last couple of years I have paid interest to the markets and been eager to learn how to trade. However, up until now the results have been far from impressive. I have tried multiple strategies but none of them seemed to suit me.

About a month ago I once again came across this thread. Previously I had barely looked at it, thinking this could not be real. 3% a day looked too good to be true. But unlike earlier, this time I decided to actually sit down and study the system. So for the last three weeks I have read through Clay’s manual, other attachments and this entire thread! And I must say that I am both impressed and convinced.

Having seen the results that Kostas and many others of you have been able to achieve is remarkable. The fact that (you) Kostas is still around here, more than eight years since you started this thread is admirable. It is also good to know that if one have an important question there is still chance that it will be addressed by the OP.

Now, all of the above has lead me to the following conclusion: I have decided to learn how to dance. No matter what, I want to become successful practicing CHOROS.


Therefore, from now on expect to see some posts from this Norwegian viking on this forum


Wish me luck!
Quoting simon.says
Hello forex friends!...
Welcome to the thread simon.says. Everybody here is still learning and helping each other. This is what helped me a lot seeing that the dancers "care" for each other. Every question gets answered (as long as it wasnt answered before, then just search the thread).
Have fun learning and growing with this strategy!

Best,
J
Hello everyone I'd to find out doesn't anymore know what are these lines on the chart that keep following the market? Thank you
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Another easy trading day with Choros. Search for a nice trend, wait for a retrace, enjoy

On all trades I made around +10 pips.
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A bit unlucky today...
closed this two manually
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On these two I made 10 pips profit each, but also closed another one manually which would have gone to full TP and beyond
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Quoting GodFire
A bit unlucky today... closed this two manually {image} {image} On these two I made 10 pips profit each, but also closed another one manually which would have gone to full TP and beyond {image}{image}
well done!
especially i like to see that you dont waste your time and act only around the openings. good discipline.
I know that you and I know nothing.
Quoting birdland
{quote} well done! especially i like to see that you dont waste your time and act only around the openings. good discipline.

So true. I only trade from Frankfurt open until Frankfrut open +2 hours. It gives me more than enough high probability entries with good momentum.
Quoting GodFire
{quote} So true. I only trade from Frankfurt open until Frankfrut open +2 hours. It gives me more than enough high probability entries with good momentum.
You´re absolutrely right, the european morning session has superb benefits.
Timing, clean mind (if you use the night for sleeping).. and enough opportunities for some trades.

Currently I added short-positions in DAX .. mid term Choros trading ...

Stay green
Guido
Risiko birgt immer auch die Chance!!!
Quoting GodFire
{quote} So true. I only trade from Frankfurt open until Frankfrut open +2 hours. It gives me more than enough high probability entries with good momentum.
Dear GodFire,

Thank you posting your trades here!
I can see only the wins, may I ask what is your winning rate with the Dance?

SP
Quoting SuperPip
{quote} Dear GodFire, Thank you posting your trades here! I can see only the wins, may I ask what is your winning rate with the Dance? SP
If I follow all the rules and if I am very patient, my winning rate is >90% for sure. Didn't had a loser for a long time on a set up when every condition is met. Even if I have losers, most of the time it's my fault because I made a bad decision (sold at low point/bought at high point, missed news, didn't check currency strength). So try it out and see if it works for you. Give it some months and then have a look at your results... I didn't regret it


So here is a real beauty entry for a nice tenner
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As you can see all conditions from the rules are met
- nice steepness of all MAs
- good time to trade / no news
- bought at a low point
- currency strength condition is met (GBP strong / CAD weak; bought at retrace)
Quoting GodFire
{quote} currency strength condition is met (GBP strong / CAD weak; bought at retrace)
Hey GodFire,

Thanks for posting charts as it helps newcomers like myself.


I got two questions for you:

1) Based on your posts it looks like you trade many different pairs. Do you still specialize in a few or do you trade any as long as the rules are met?

2) Forgive me if this is a stupid question, but what do you mean by "currency strength condition"?
And the last one for today. I waited for 2 hours for this setup.
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So 2/2 today for a bit more than 20 pips. Choros and patience most of the time will work in the end.

Have a nice day everybody and stay green
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