CHOROS System | Page 785 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CHOROS Interactive 2,625 replies

Money management for CHOROS and other strategies 2 replies

I want to pay off my mortgage asap with Choros 181 replies

3-9% a day with CHOROS? 63 replies

Would you trade this system? New system #2. 10 replies

Attachments: CHOROS System
Exit Attachments

CHOROS System

  • #15,681
  • Aug 4, 2020 3:13am Aug 4, 2020 3:13am
GBP/CAD H1 35/50 + DP + H4 10. Took my 20 pips and getting ready for the beach
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 83 KB
You are allowed to fall but you are imposed to get up!
  • #15,682
  • Aug 6, 2020 2:47am Aug 6, 2020 2:47am
A lot of long constrainment on the Gbpusd 15 minute chart with excessive long tails on either side. This is possibly a turning point for this pair to the downside.
  • #15,683
  • Aug 6, 2020 3:27am Aug 6, 2020 3:27am
Been studying the thread and backtesting this strategy for a while now. I feel like things are finally clicking for me.
GBP/USD over last 2 days
+13 pips
+40 pips
+40 pips
+23 pips
Attached Image (click to enlarge)
Click to Enlarge Name: cT_cs_4014132_GBPUSD_2020-08-06_11-23-06.png Size: 72 KB
  • #15,684
  • Aug 6, 2020 3:44pm Aug 6, 2020 3:44pm
Quoting iero4
GBP/CAD H1 35/50 + DP + H4 10. Took my 20 pips and getting ready for the beach {image}
can you send me pivot indicator?
  • #15,685
  • Aug 7, 2020 3:19am Aug 7, 2020 3:19am
Quoting Gabrielcosta
{quote} can you send me pivot indicator?
Here you go...
Attached File(s)
File Type: mq4 AutoPivotIndicator_ver5 - Copy.mq4   30 KB | 505 downloads
You are allowed to fall but you are imposed to get up!
  • #15,686
  • Aug 7, 2020 3:25am Aug 7, 2020 3:25am
GBP/USD Confluence of H4 10 EMA + H1 50/10 + M15 35/50...Closed 75% of the trade and left the rest to run as far as it can go. Have a nice weekend all of you!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 115 KB
You are allowed to fall but you are imposed to get up!
  • #15,687
  • Aug 7, 2020 4:45am Aug 7, 2020 4:45am
Quoting iero4
{quote} Here you go... {file}
This is awesome, I feel like I just put on a new pair of glasses. I have been searching for an indicator like this. Thank you!
  • #15,688
  • Aug 7, 2020 6:42am Aug 7, 2020 6:42am
And my last trade taken from GBP/USD H1 for +38 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 109 KB
You are allowed to fall but you are imposed to get up!
  • #15,689
  • Aug 10, 2020 1:26am Aug 10, 2020 1:26am
First touches on m15 ma10s on Gbpusd and Eurusd.
  • #15,690
  • Aug 10, 2020 1:36am Aug 10, 2020 1:36am
Quoting Gragab
First touches on m15 ma10s on Gbpusd and Eurusd.
Gragab,
I only see first touch m15 ma10 on EU.
Thanks.
Nothing is impossible!
  • #15,691
  • Aug 10, 2020 5:33am Aug 10, 2020 5:33am
LearnNL the tail touches the 10 and 50ma on the 15 minute Gbpusd.
  • #15,692
  • Aug 11, 2020 6:25am Aug 11, 2020 6:25am
Would this be considered a 2-bar retrace touch of the 35, or no because there was a retracement that happened just a few bars earlier?
Attached Image (click to enlarge)
Click to Enlarge Name: Annotation 2020-08-11 092345.png Size: 34 KB
  • #15,693
  • Edited Aug 12, 2020 7:31am Aug 11, 2020 7:55am | Edited Aug 12, 2020 7:31am
Quoting jpbforex
Would this be considered a 2-bar retrace touch of the 35, or no because there was a retracement that happened just a few bars earlier? {image}
I count 7 candles.

In the morning was a AAA setup, explanation on chart.



Until I answered the market ran in your favour.

How had you managed it if t ran down?
Attached Image (click to enlarge)
Click to Enlarge Name: Not a good setup.png Size: 77 KB
Risiko birgt immer auch die Chance.
  • #15,694
  • Aug 11, 2020 8:23am Aug 11, 2020 8:23am
Quoting Sesamstrasse
{quote} I count 7 candles. In the morning was a AAA setup, explanation on chart. Until I answered the market ran in your favour. How had you managed it if t ran down? {image}
I was in a little later than I wanted so I went with a 20 pip SL which was right underneath the 50MA, Weekly pivot and the Daily R1 confluence. I do know the earlier setup was the more favorable one, I have unfortunately been missing a lot of those setups as I'm US Eastern time zone and I'm still asleep at that time. A lot of the setups have been occurring around 3AM-4AM my time, and I'm usually not up until about 5AM.
  • #15,695
  • Aug 11, 2020 8:39am Aug 11, 2020 8:39am
Quoting Sesamstrasse
{quote} I count 7 candles. In the morning was a AAA setup, explanation on chart. Until I answered the market ran in your favour. How had you managed it if t ran down? {image}
What is considered part of the retrace to a particular MA? Is it different when looking at a retrace to the 10 versus the 35/50? I couldn't really find a definition for that in the documents.
  • #15,696
  • Aug 11, 2020 8:52am Aug 11, 2020 8:52am
Quoting jpbforex
{quote} What is considered part of the retrace to a particular MA? Is it different when looking at a retrace to the 10 versus the 35/50? I couldn't really find a definition for that in the documents.
"and I'm usually not up until about 5AM"
-- and that is early enough!!

"What is considered part of the retrace to a particular MA"

there is always any MA in a particular TF.
But for retail traders, with the most common platform mt4 s this system developed by EClayf--
He developed it with the trend of the moment (M15) and named it.
What we do is just picking working pattern and trade them.. and first touches with a steep angle play out.
...and he did a awasome job.
Risiko birgt immer auch die Chance.
  • #15,697
  • Aug 12, 2020 4:49am Aug 12, 2020 4:49am
The Eurusd mas are wide, flat and spread. A change of trend is in the making possibly to the down side.
  • #15,698
  • Aug 13, 2020 5:47am Aug 13, 2020 5:47am
Quoting iero4
{quote} Here you go... {file}
Question - regarding the daily pivot point, do you find that this is more of an actual pivot/swing/mid-point for the daily range, or do you use it as an actual support/resistance? I am having a hard time distinguishing this.
  • #15,699
  • Aug 13, 2020 7:28am Aug 13, 2020 7:28am
I took this trade this morning M15 35/50 + H1 10 + R1
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m1-darwinex-2.png Size: 186 KB
  • #15,700
  • Aug 19, 2020 2:44am Aug 19, 2020 2:44am
First touch on the Eurusd 15 minute 10ma.
5 traders viewing now