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CHOROS System

  • #14,501
  • May 16, 2019 1:12am May 16, 2019 1:12am
Quoting holgi19
{quote} Wow ...nice!!How many room did you gave your stoploss?
I did it again..

in a big picture view I see a lot of empty space downwards.

Itīs only 1/5 of the position I kept.

SL to BE
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Risiko birgt immer auch die Chance.
  • #14,502
  • Edited 2:37am May 16, 2019 1:58am | Edited 2:37am
GBPUSD 15m 10ma touch ??

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on its way moved stop to be +1

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do you grab the 10+ pips or sit it out , Im not very good at the taking profit bit and moving stops.....

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out for + 15p
  • #14,503
  • Edited 6:09am May 16, 2019 5:46am | Edited 6:09am
I was also in GU... first attempt got stopped out at be+1 then re-entered- tp 20 pips
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whatever happens next....
  • #14,504
  • Edited 2:39am May 17, 2019 2:21am | Edited 2:39am
Amazing how price reacts to round numbers

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back again !

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30 bars later

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  • #14,505
  • Edited 4:12am May 17, 2019 3:49am | Edited 4:12am
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B +1


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Typical, moved the stop to BE +1 at about 8pts got stopped out then went on to the target RN and 15pts !
  • #14,506
  • Edited 8:28am May 20, 2019 3:09am | Edited 8:28am
1 H touching the 35ma

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First attempt stopped out at BE+1, second attempt wondering if it will break through the daily Pivot ? moved to BE at the moment

From the dance rules 15min 50/35 ma touch or the 1 H trade ??



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stopped out at +4 !! then it went on again to target area !

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  • #14,507
  • Edited 9:19am May 20, 2019 9:03am | Edited 9:19am
1 bar pullback

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Stopped ot for +1, quite frustrating today, hope I'm only taking legitimate trades according to the dance / Choros method
  • #14,508
  • Edited 8:40am May 23, 2019 8:29am | Edited 8:40am
Quoting eltax100
1 bar pullback {image} Stopped ot for +1, quite frustrating today, hope I'm only taking legitimate trades according to the dance / Choros method
hi, yes, they are matching the rules basicly--

BUT
- I wouldn no t take them!!
Why?
Read what we wrote about wide separated 35/50 Ema-- AAA setup ??NAAAAAA
the 10 ema touch.. youīve been trading into longer wicks on bottom, what shows clearly buyers.

Next is-- you try to have a look at m1 as well.. WHY ?
Keep it simple.

Patience is what makes it work.
Just taking "any" signal by the rules leads to nothing.

Look for AAA setups only.
Trade 100 AAA setups in a row and tell me your result.

Sitting on your hands while the conditions for a trades are not given, is also a kind of being profitable!!


Guido
Risiko birgt immer auch die Chance.
  • #14,509
  • May 27, 2019 10:00am May 27, 2019 10:00am
This is my first ever (demo) trade trying to use this method. Is this a valid entry in your opinion?
I took a buy on the 1 hour EUR/USD chart (touch trade at the 35 SMA).
There was also support at the 1 hour chart, which added extra confluence for me.

Obviously, I'm brand new to this method so just looking for feedback.
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  • #14,510
  • May 27, 2019 3:18pm May 27, 2019 3:18pm
Quoting mtruefx
This is my first ever (demo) trade trying to use this method. Is this a valid entry in your opinion? I took a buy on the 1 hour EUR/USD chart (touch trade at the 35 SMA). There was also support at the 1 hour chart, which added extra confluence for me. Obviously, I'm brand new to this method so just looking for feedback. {image}
Welcome here.
Basicly by the rules and for your first trade it looks good.
With a bit practice you'll spot better setups.

Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #14,511
  • May 30, 2019 1:01pm May 30, 2019 1:01pm
How about dancing with non-forex pairs? I trade DE30, UK100, US30 and XTIUSD myself, so it would be nice if they are good for dancing as well
  • #14,512
  • May 31, 2019 8:01am May 31, 2019 8:01am
Quoting mtruefx
How about dancing with non-forex pairs? I trade DE30, UK100, US30 and XTIUSD myself, so it would be nice if they are good for dancing as well
https://www.forexfactory.com/showthr...5#post11169875

https://www.forexfactory.com/showthr...8#post10256548

Take your time and read the thread properly.
It s really all information given to spot successful entries and how to manage them.
Risiko birgt immer auch die Chance.
  • #14,513
  • May 31, 2019 8:21am May 31, 2019 8:21am
Quoting Sesamstrasse
{quote} https://www.forexfactory.com/showthr...5#post11169875 https://www.forexfactory.com/showthr...8#post10256548 Take your time and read the thread properly. It s really all information given to spot successful entries and how to manage them.
Thanks.. will you through all 726 pages, if it's really worth it
  • #14,514
  • Jun 4, 2019 7:38am Jun 4, 2019 7:38am
EU Scoop-down +17p, target was 1220, closed early.
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  • #14,515
  • Jun 4, 2019 9:26am Jun 4, 2019 9:26am
What confluences, according to the 'dance rules', did you take this trade based on?

Quoting larryw
EU Scoop-down +17p, target was 1220, closed early. {image}
  • #14,516
  • Jun 4, 2019 1:27pm Jun 4, 2019 1:27pm
Quoting mtruefx
What confluences, according to the 'dance rules', did you take this trade based on? {quote}
Check the manual for scoop-up/scoop-down, this is actually a reversal trade.
  • #14,517
  • Jun 4, 2019 1:30pm Jun 4, 2019 1:30pm
GU +15p, entered a little bit late, exited at R2 and last pin bar high. daily total 32p.
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  • #14,518
  • Jun 4, 2019 1:35pm Jun 4, 2019 1:35pm
Quoting larryw
{quote} Check the manual for scoop-up/scoop-down, this is actually a reversal trade.
Thanks, yes you are right.. nicely done
  • #14,519
  • Jun 6, 2019 9:39am Jun 6, 2019 9:39am
EU M15 50 bounce +19p, good for 30p if 15 more minutes holding.
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  • #14,520
  • Jun 12, 2019 10:49am Jun 12, 2019 10:49am
After that 15M bar closed below Daily Pivot, I went short when price retraced to Daily Pivot.
Draw Down was less than 4 pips before going my way.
Already at BE+1
Targeting +12 pips. We'll see.
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