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CHOROS System

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  • Post #15,961
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  • Nov 26, 2020 5:11am Nov 26, 2020 5:11am
  •  birdland
  • Joined Aug 2010 | Status: . | 2,376 Posts
Quoting JohnLancs
Disliked
{quote} I'm sorry but I have no idea what you are trying to imply. I use FF for the economic calendar mainly and thought these forums were for discussing the relative merits of different systems.
Ignored
yes, thats the merit. you got it;-)

but if you think you just come along the way and want to "dicsuss" what we have done the last 4 years while you were sleeping i would recommend to read through the thread the last 4 years and speed up to our level-THEN we can discuss, maybe.
I know that you and I know nothing.
1
  • Post #15,962
  • Quote
  • Nov 26, 2020 12:04pm Nov 26, 2020 12:04pm
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
Quoting JohnLancs
Disliked
What I'm looking for is some feedback from traders who are using the system - does it work consistently? Are there people on here who use this system and nothing else making money?
Ignored
Hey John, welcome to our thread...we are a couple of people following and posting in this thread for almost a decade...if it wasn't consistent we would be some kind of retards that try to kill their time
So, yes it deserves your time if this is what you are asking... And it is a strategy not a system
You are allowed to fall but you are imposed to get up!
  • Post #15,963
  • Quote
  • Nov 26, 2020 1:18pm Nov 26, 2020 1:18pm
  •  T4Trade
  • Joined Sep 2017 | Status: Trend Following,Price Action,Marti | 1,630 Posts
Great thread,thanks for sharing all the details postwise,lot to learn from here.God bless!
1
  • Post #15,964
  • Quote
  • Nov 26, 2020 2:49pm Nov 26, 2020 2:49pm
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
Today's trade...M15 10 Touch in confluence with H1 50/ DP / RN good for +27 pips
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You are allowed to fall but you are imposed to get up!
3
  • Post #15,965
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  • Nov 27, 2020 12:07am Nov 27, 2020 12:07am
  •  JohnLancs
  • | Joined May 2016 | Status: Member | 8 Posts
Quoting iero4
Disliked
{quote} Hey John, welcome to our thread...we are a couple of people following and posting in this thread for almost a decade...if it wasn't consistent we would be some kind of retards that try to kill their time So, yes it deserves your time if this is what you are asking... And it is a strategy not a system
Ignored
Thanks for the feedback. I'll get my reading glasses and make a start .
1
  • Post #15,966
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  • Nov 27, 2020 10:30am Nov 27, 2020 10:30am
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
Another MASTER SIGNAL in GOLD today for + 120 pips!!!
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You are allowed to fall but you are imposed to get up!
2
  • Post #15,967
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  • Nov 27, 2020 1:41pm Nov 27, 2020 1:41pm
  •  paxilein
  • | Joined Feb 2020 | Status: Member | 81 Posts
I'm also still active... Just not posting much

Had this on GBPAUD yesterday:

Nice touch of M15 35. Two bar to get there and first touch after cross with no flat MA:
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TP was set at 30 pips. The whole move up to now was more than 136 pips though.... I'm happy with 30 pips.
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Up 8% this week
It's never too late to make a bad trade!
3
  • Post #15,968
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  • Nov 28, 2020 12:12am Nov 28, 2020 12:12am
  •  paxilein
  • | Joined Feb 2020 | Status: Member | 81 Posts
But a question for my trade...

I didn't consider the touch of the 50 because that would've been the third touch as it basically touched twice just after the cross. So, is my thought correct about those touches?

Also those touches just after the cross were not yet valid as the price hadn't yet moved more than 15 pips from the cross-price, right?
It's never too late to make a bad trade!
  • Post #15,969
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  • Nov 28, 2020 9:29am Nov 28, 2020 9:29am
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
Quoting paxilein
Disliked
But a question for my trade... I didn't consider the touch of the 50 because that would've been the third touch as it basically touched twice just after the cross. So, is my thought correct about those touches? Also those touches just after the cross were not yet valid as the price hadn't yet moved more than 15 pips from the cross-price, right?
Ignored
Hi PAXILEIN, nice trade...those touches just after the 35/50 cross were the beginning of the trend in M15 so I don't consider them as 1st touch since the MAs are flat on that point. I personally treat them as cross and rertest trades and they require confirmation from lower and/or higher TFs as well as a lot of experience.
You are allowed to fall but you are imposed to get up!
1
  • Post #15,970
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  • Dec 1, 2020 4:51am Dec 1, 2020 4:51am
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
I normally don't trade GOLD so often but in periods like this when there is not clear trend in GBP and EUR pairs I have it as alternative...

GOLD M5 35 SMA constrainment in confluence with RN and M15 10 ema. Took +65 pips and done for today...
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You are allowed to fall but you are imposed to get up!
1
  • Post #15,971
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  • Dec 1, 2020 5:20am Dec 1, 2020 5:20am
  •  birdland
  • Joined Aug 2010 | Status: . | 2,376 Posts
Quoting iero4
Disliked
I normally don't trade GOLD so often but in periods like this when there is not clear trend in GBP and EUR pairs I have it as alternative... GOLD M5 35 SMA constrainment in confluence with RN and M15 10 ema. Took +65 pips and done for today... {image}
Ignored
i have traded gold a lot in the past year with choros and it was really great and trending.
I know that you and I know nothing.
2
  • Post #15,972
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  • Dec 1, 2020 5:22am Dec 1, 2020 5:22am
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
Quoting birdland
Disliked
{quote} i have traded gold a lot in the past year with choros and it was really great and trending.
Ignored
I like it too...if you are patient it gives you huge gains but requires bigger SL than normal.
You are allowed to fall but you are imposed to get up!
1
  • Post #15,973
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  • Dec 7, 2020 10:27am Dec 7, 2020 10:27am
  •  iero4
  • Joined Jan 2011 | Status: Member | 555 Posts
GOLD M15 Scoop up in confluence with H4 50 EMA + Daily R1 + RN good for + 305 pips
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You are allowed to fall but you are imposed to get up!
1
  • Post #15,974
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  • Dec 7, 2020 11:15am Dec 7, 2020 11:15am
  •  larryw
  • | Joined Oct 2018 | Status: Member | 74 Posts
GU EMA50 1st touch and Daily S2 confluence, +32 pips.
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3
  • Post #15,975
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  • Dec 7, 2020 7:39pm Dec 7, 2020 7:39pm
  •  Iceman0995
  • | Joined Nov 2020 | Status: Member | 21 Posts
I've been trying to understand the combination of H1 and M15 TF involved in The Dance. I need help please.
Though I have read the manual, taking just every touch trade doesn't add up. What are the criteria to check?

And lastly, how many currency pairs are good for a checklist? Suggestions will be very welcome.

Thanks anybody in advance
  • Post #15,976
  • Quote
  • Dec 8, 2020 12:12am Dec 8, 2020 12:12am
  •  Sesamstrasse
  • Joined Jun 2013 | Status: Membership Rewarded | 3,033 Posts
Quoting Iceman0995
Disliked
I've been trying to understand the combination of H1 and M15 TF involved in The Dance. I need help please. Though I have read the manual, taking just every touch trade doesn't add up. What are the criteria to check? And lastly, how many currency pairs are good for a checklist? Suggestions will be very welcome. Thanks anybody in advance
Ignored
Good morning Iceman and welcome.
All your questions and many more are already answered.

..answered something like:

Steep angle;
first touches are the safest;
not too greedy with taking TP.
Confluences;
Higher tf confirm/enough space for your target;
35 and 50 tight together;
Cable and EJ plays best..
,...and so on.


After reading this thread youŽll be able to spot AAA setups and how to trade them.

It will help a lot to get in track to post trades, even the bad ones.. that way we can help best..


I wish you good success with this kind of trading.

Guido
Risiko birgt immer auch die Chance!!!
1
  • Post #15,977
  • Quote
  • Dec 8, 2020 1:40am Dec 8, 2020 1:40am
  •  Iceman0995
  • | Joined Nov 2020 | Status: Member | 21 Posts
Quoting Sesamstrasse
Disliked
{quote} Good morning Iceman and welcome. All your questions and many more are already answered. ..answered something like: Steep angle; first touches are the safest; not too greedy with taking TP. Confluences; Higher tf confirm/enough space for your target; 35 and 50 tight together; Cable and EJ plays best.. ,...and so on. After reading this thread youŽll be able to spot AAA setups and how to trade them. It will help a lot to get in track to post trades, even the bad ones.. that way we can help best.. I wish you good success with this kind of trading....
Ignored
I felt I should quoted you to look the screenshot I posted above.
Hope it's a nice trade?
  • Post #15,978
  • Quote
  • Dec 8, 2020 1:50am Dec 8, 2020 1:50am
  •  Iceman0995
  • | Joined Nov 2020 | Status: Member | 21 Posts
Quoting Sesamstrasse
Disliked
{quote} Good morning Iceman and welcome. All your questions and many more are already answered. ..answered something like: Steep angle; first touches are the safest; not too greedy with taking TP. Confluences; Higher tf confirm/enough space for your target; 35 and 50 tight together; Cable and EJ plays best.. ,...and so on. After reading this thread youŽll be able to spot AAA setups and how to trade them. It will help a lot to get in track to post trades, even the bad ones.. that way we can help best.. I wish you good success with this kind of trading....
Ignored
What's your take on this touch of the 50 MA?
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  • Post #15,979
  • Quote
  • Dec 8, 2020 3:39am Dec 8, 2020 3:39am
  •  Sesamstrasse
  • Joined Jun 2013 | Status: Membership Rewarded | 3,033 Posts
Quoting Iceman0995
Disliked
{quote} What's your take on this touch of the 50 MA? {image}
Ignored
So.. back to topic.

3 hours ago I wrote :
"35 and 50 tight together;"

And now you can answer your question for yourself, or?


PS:
And forget about trading via phone.
Do you really think a professional trader is sitting in a bank doing orders via mobile phone?

Take it as a serious business or do other useful things with your time.
Risiko birgt immer auch die Chance!!!
4
  • Post #15,980
  • Quote
  • Dec 8, 2020 4:17am Dec 8, 2020 4:17am
  •  birdland
  • Joined Aug 2010 | Status: . | 2,376 Posts
Quoting Iceman0995
Disliked
{quote} What's your take on this touch of the 50 MA? {image}
Ignored
please go to the first 10 pages, download the pdf of clay (you will find in the paperclip section) and THEN we can speak.

you are an apprentice and therefore back to the start, until you get it! we like to help, but not like this.
I know that you and I know nothing.
2
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