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CHOROS System

Good morning

Small trade from me EA 10ema/RN bounce down for +6 pips, closed manually.
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From end of the october and through the november I lost the focus on trading and been distracted by games and it mirrored to my bad results. I also almost finished reading the whole thread, some 20 pages left. Thanks to Sesamstrasse and his repeating about the rules for last 100 pages or so(in a good way), they stuck in my head.

Slowly I'll try go back on track with trades.

Good luck to everyone.
Quoting simon.says
{quote} 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"?
1) I trade mostly EUR and GBP pairs, since they have the biggest ADR.
2) Have a look at my older post since somebody asked me this already
A quick tenner and a BE before our beloved friend Draghi speaks.

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Stay safe and have a nice day
GU scoop down +7,7 pips
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FYI It lists the volatility in order, easy to check and have a quick look at

https://www.myfxbook.com/forex-market/volatility


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First position this week. Scoop up +11
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Based on confluence of MAs. +6
+17 for this day. Not bad.

Happy trading everybody
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I wish i close it early
Any comment on my trades today guys?
-7 based on 10ema touch and there is confluence
BE based on confluence
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Quoting yhsman
I wish i close it early ...{image}
Morning yhsman,

took the same GU trade. Its ranging between the RN and Daily S1, so I think that was one of the possible reasons (altough it didnt even reach the RN). And main reason I think is the steepness of the 35/50 MA. They are almost flat.
So lets see what the day brings us with the G-20..
Quoting jan4ik05
{quote} Morning yhsman, took the same GU trade. Its ranging between the RN and Daily S1, so I think that was one of the possible reasons (altough it didnt even reach the RN). And main reason I think is the steepness of the 35/50 MA. They are almost flat. So lets see what the day brings us with the G-20..


Risiko birgt immer auch die Chance!!!
i agree with sesam and yan!
flat, flat, flat...
I know that you and I know nothing.
Quoting GodFire
A quick tenner and a BE before our beloved friend Draghi speaks. {image} {image} Stay safe and have a nice day
Hi GodFire!

I'm looking your trades, please comment when you move the trade to the BE?
How do you set the intial SL?

Made some statistics within your posted trades (total 157)
100 trades (64%) are with pairs:
GBPJPY 25
EURJPY 14
GBPUSD 14
EURUSD 12
GBPAUD 11
EURAUD 8
GBPCHF 8
GBPNZD 8

Traded pairs (27):
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You are traded all the pairs on your screen, except AUDNZD, perhaps it does not have the signals on European open.
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With thanks,
SP
Quoting SuperPip
{quote} Hi GodFire! I'm looking your trades, please comment when you move the trade to the BE? How do you set the intial SL? Made some statistics within your posted trades (total 157) 100 trades (64%) are with pairs: GBPJPY 25 EURJPY 14 GBPUSD 14 EURUSD 12 GBPAUD 11 EURAUD 8 GBPCHF 8 GBPNZD 8 Traded pairs (27): {image} You are traded all the pairs on your screen, except AUDNZD, perhaps it does not have the signals on European open. {image} With thanks, SP
TP 10 pips, SL 10 pips and I move my trades to BE after 5 pips.

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Quoting GodFire
{quote} TP 10 pips, SL 10 pips and I move my trades to BE after 5 pips. {image}
Hey Godfire, you have the same rules as I do, but my SL is 11.
Had a loss because of a premature entry. Compensated it though, trough another win.

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So +10 for the day and have a nice day
Quoting GodFire
Had a loss because of a premature entry. Compensated it though, trough another win. {image}
I took the same trade for 6,8 pips
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plus scoop down from EA for 5,7 just before 8.00 morning so 12,5 for me so far.
Took the same trade

GodFire, what time are your pivot points based on? Your DP is almost where my R1 is. I use the ones from ActionForex, right now based on 23:00 Central European Time.
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Confluence of MAs.
I closed it at +10.
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Luv it.
Cable M1, I took the BO after constrainment 10 Ema and followed the money for 8 pips.

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Risiko birgt immer auch die Chance!!!
Hey everyone!

One of the things I started thinking about is how great it would have been to have a place for all of us to chat in real time. I have seen that there has been multiple attempts earlier to create a similar site, yet none of these seems to be in use. That is why I thought it would be nice to start up a chat again.

First of all, a chat like this would not be an attempt to replace this thread or Clay’s. It would merely serve as an additional tool to help improve our trading performances. As valuable as these two threads are, the one thing they do not provide is a real time opportunity for us to analyze the markets together.

What I envision a chat like this to become is a place for all of us to:

  1. Share our thoughts about potential setups
  2. Casually chat about other aspects of the strategy


This will be beneficial for multiple reasons. First, we will be able to watch real time potential setups. We can see each others thought process and hopefully make more informed decisions on whether to enter a trade or not. It will also serve as an alert mechanism, allowing us to trade setups we otherwise would not have spotted. Second, as the chat would be casual (yet still on topic), there will be room for all sorts of questions and comments that are related to the strategy. This way, we will not pollute this thread with comments that for some reason are less relevant here.

As I wrote, this is not an attempt to replace this thread. If you truly want to learn this strategy this is the place to be. My hope however, is that a chat could become an additional tool for everyone trading the Dance.

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