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CHOROS System

  • #16,161
  • Mar 5, 2021 3:00am Mar 5, 2021 3:00am
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.PNG Size: 40 KB
Constrainment on M15 10/35, before London Open: moved the SL too quickly, had to re-enter!
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month: na
  • #16,162
  • Edited 3:33am Mar 8, 2021 3:19am | Edited 3:33am
A GBPUSD trade from late Friday afternoon, 5 min chart attached.

The entry is after a nice H1 candle, first touch back up at the M15 10 and several other MAs.

Price action can get funny around 5 p.m. on Fridays, so I closed it for +15 even though the target would have been the round number.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 61 KB
  • #16,163
  • Mar 9, 2021 3:09am Mar 9, 2021 3:09am
GU trade this morning, +15. M5 chart attached.

This was a very clean setup, M15 10 touch with M5 confirmation candles off of the MA as well as R1 and some former structure.

There was another nice setup before, M15 candle touching the DP and M15 35/50 that started this uptrend. Wasn't at the computer unfortunately (2nd chart, M15).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 19 KB
Click to Enlarge Name: GBPUSDM15.png Size: 26 KB
  • #16,164
  • Mar 9, 2021 9:16pm Mar 9, 2021 9:16pm
Constrainment/Scoop-down?

Attached Image

1. Premature entry - FOMO still creeps in to my trading...
2. Can't help but sometimes trade with H4 10 in front.
I don't trade anymore. I just gratefully accept what Market has to offer
Akhaldanos FX1 Return This Month: na
  • #16,165
  • Mar 10, 2021 12:50am Mar 10, 2021 12:50am
Quoting Akhaldanos
Constrainment/Scoop-down? {image} 1. Premature entry - FOMO still creeps in to my trading... 2. Can't help but sometimes trade with H4 10 in front.
Nice scoop-down.
FOMO is a bitch, but your entry is fine after a triple-top in M15.
Several times in scoops the H4 or other bounce points will be in your way, so you have to be happy with less pips if necessary.
  • #16,166
  • Mar 11, 2021 2:59am Mar 11, 2021 2:59am
Quoting arha
I haven't posted in a VERY long time - been involved in crypto instead of forex - but every now and then I jump on the charts and find the Dance still works like a charm Here's my EURUSD for today - M15 chart with entry off M5. I've also slightly updated my Retrace Bot so that you can choose which MA timeframe your entry is based off. Useful if you want to trade the on M15 but enter based off an M5 or H1 MA. Instructions here. And if anyone was interested to know...
very good EA,do u suggest timings? after any market session open or afterfrist touch of 35/50ema on 15 min or 5 min?please share ideas.Thanks

Quoting t4trade
{quote} very good ea,do u suggest timings? After any market session open or afterfrist touch of 35/50ema on 15 min or 5 min?please share ideas.thanks
this retrace bot is not working,i added bot in ea and winuser 32 as well in mql and in library,plz suggest.thnks
  • #16,167
  • Mar 13, 2021 3:50am Mar 13, 2021 3:50am
Is this the correct rule?
Attached Image
  • #16,168
  • Mar 14, 2021 2:43pm Mar 14, 2021 2:43pm
Quoting doanchiendau
Is this the correct rule? {image}
The best EMA10 bounce is when it takes 2 bars to retrace, this is 6 bars, so probably the trend is running out of power.
  • #16,169
  • Mar 23, 2021 7:21am Mar 23, 2021 7:21am
Ready to SELL at H1 10EMA in confluence with RN.
Attached Image (click to enlarge)
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  • #16,170
  • Mar 23, 2021 7:39am Mar 23, 2021 7:39am
Quoting Haydel
Ready to SELL at H1 10EMA in confluence with RN. {image}
SOLD when I saw price action in lower time frames.
We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: 38a68c5fe8fe6f810b341dfc0359dfb1.png Size: 41 KB
  • #16,171
  • Mar 23, 2021 8:35am Mar 23, 2021 8:35am
Quoting Haydel
{quote} SOLD when I saw price action in lower time frames. We'll see. {image}
Looking good. Moved both trades to BE+1.
Attached Image (click to enlarge)
Click to Enlarge Name: 94cf99f07b4903a87bb412be56b04103.png Size: 40 KB
  • #16,172
  • Mar 23, 2021 9:10am Mar 23, 2021 9:10am
Quoting Haydel
{quote} Looking good. Moved both trades to BE+1. {image}
Target HIT 27p + 30p for 57p total.
Attached Image (click to enlarge)
Click to Enlarge Name: e1fcc060e91c4b5987e04420b24cb80a.png Size: 38 KB
  • #16,173
  • Mar 25, 2021 5:46am Mar 25, 2021 5:46am
Where can I find this support and resistant indicators in this thread or elsewhere.
Attached Images
  • #16,174
  • Mar 25, 2021 10:59am Mar 25, 2021 10:59am
Quoting shrinkedup
Where can I find this support and resistant indicators in this thread or elsewhere. {image} {image}
In this thread, search for AutoPivotIndicator_ver5
  • #16,175
  • Mar 25, 2021 11:32am Mar 25, 2021 11:32am
what is the link for the actual rules?
  • #16,176
  • Apr 1, 2021 8:53am Apr 1, 2021 8:53am
Quoting chinchano
what is the link for the actual rules?
This is from the first post: CHOROS System | Page 391 | Forex Factory
  • #16,177
  • Apr 9, 2021 4:24pm Apr 9, 2021 4:24pm
I will start learning dance again, I was unable to adapt to any strategy in H4. This time I will take it seriously. So I'm going to document 100 trades (pre trade and post trade) with reasons for entry and reasons for taking the profit. Feel free to criticize or give tips if you can.
Attached Image(s) (click to enlarge)
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MTN
  • #16,178
  • Apr 11, 2021 9:26pm Apr 11, 2021 9:26pm
2° Trade
Do you guys use partial exit?
Attached Image(s) (click to enlarge)
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MTN
  • #16,179
  • Apr 12, 2021 1:40am Apr 12, 2021 1:40am
Quoting Marcelomtn
I will start learning dance again, I was unable to adapt to any strategy in H4. This time I will take it seriously. So I'm going to document 100 trades (pre trade and post trade) with reasons for entry and reasons for taking the profit. Feel free to criticize or give tips if you can. {image} {image}
Welcome back buddy, nice organized approach this time

What's up with the Greek dude in your avatar?
  • #16,180
  • Apr 12, 2021 11:18am Apr 12, 2021 11:18am
Quoting kostas1
{quote} Welcome back buddy, nice organized approach this time What's up with the Greek dude in your avatar?
KKK just try to bring a little stoicism to business

3° Trade
Attached Image(s) (click to enlarge)
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MTN
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