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CHOROS System

  • #16,181
  • Apr 13, 2021 2:19pm Apr 13, 2021 2:19pm
Trades from 4 to 6
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MTN
  • #16,182
  • Apr 14, 2021 5:02pm Apr 14, 2021 5:02pm
7°
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MTN
  • #16,183
  • Apr 14, 2021 8:52pm Apr 14, 2021 8:52pm
8°
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MTN
  • #16,184
  • Apr 15, 2021 12:27pm Apr 15, 2021 12:27pm
9° Trade.
Took 2 losses in a row, so it is time to review my trades, the manual and myself.

Checking myselft i was purcupine area
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MTN
  • #16,185
  • Apr 16, 2021 12:21am Apr 16, 2021 12:21am
Quoting Marcelomtn
9° Trade. Took 2 losses in a row, so it is time to review my trades, the manual and myself. Checking myselft i was purcupine area {image} {image}
keep in mind, it was a very difficult market for trendtrading in the last 2 days trading GU. the daily range was below the normal average.
trading is like dancing, don't think and just listen to the music!
  • #16,186
  • Apr 20, 2021 4:59pm Apr 20, 2021 4:59pm
Quoting birdland
{quote} keep in mind, it was a very difficult market for trendtrading in the last 2 days trading GU. the daily range was below the normal average.
Thx =)
MTN
  • #16,187
  • Apr 25, 2021 8:30pm Apr 25, 2021 8:30pm
My MA alert is not correct, is there any alternative ?
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  • #16,188
  • Apr 26, 2021 11:04am Apr 26, 2021 11:04am
Quoting doanchiendau
My MA alert is not correct, is there any alternative ? {image}
Hi, you can use the ones below to get alerted when price gets close to specific ma´s.
Attached File(s)
File Type: ex4 Pips2MA.ex4   6 KB | 302 downloads
File Type: ex4 Pips2MA_DB.ex4   18 KB | 256 downloads
whatever happens next....
  • #16,189
  • Apr 26, 2021 7:57pm Apr 26, 2021 7:57pm
[quote = holgi19; 13511764] {quote} Xin chào, bạn có thể sử dụng những cái bên dưới để nhận thông báo khi giá gần đến mức cụ thể. {file} {file} [/ quote]


Thank you very much
  • #16,190
  • Apr 28, 2021 8:33am Apr 28, 2021 8:33am
Quoting kostas1
{quote} 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.
hi kostas
Long time no see you post
are you still a good deal
I want to see your 2 most recent gu orders, can you drag and drop and post the chart as usual?
  • #16,192
  • Apr 30, 2021 4:00am Apr 30, 2021 4:00am
Quoting SedricStrife
Hidden

Of course WE have THE better Idea.
Risiko birgt immer auch die Chance.
  • #16,193
  • May 9, 2021 7:32am May 9, 2021 7:32am
I had 6 years with forex but with choros, I only had 6 months of reading and 2 months of practice
this is my 6th GU according to choros
Who can comment for me?
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  • #16,194
  • May 10, 2021 4:03am May 10, 2021 4:03am
Quoting voynich
I had 6 years with forex but with choros, I only had 6 months of reading and 2 months of practice this is my 6th GU according to choros Who can comment for me? {image}
Here is another EMA10 bounce I took today. Your trade was better & safer.
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  • #16,195
  • May 10, 2021 7:09am May 10, 2021 7:09am
[quote = kostas1; 13530900] {quote}{image} [/ quote]
thanks kostos1
great every time you post,
Hope you spend a little more time posting and adding more experience for us, god bless you
EU: m10 + first touch, I quickly took 7p according to RR 1: 1 when the price shows signs of rest
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  • #16,196
  • May 11, 2021 7:07am May 11, 2021 7:07am
I'm impressed with the result & started to learn this system. After reading the manual, trying to do forward testing. Hope to keep proper journal & gain guidance here.

Trade 1: XAUUSD
Entry key factors:
1) H1 price > 35/50 MAs = uptrend
2) M15 price > 35/50 MA = uptrend
3) M15 10ma angle > 40degree

Entry buy when "Touch trade" taken off steep 10EMA.
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  • #16,197
  • May 11, 2021 8:06am May 11, 2021 8:06am
Trade 1 Result: SL 200pips

Lesson: price is at resistance level with prior double top.
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  • #16,198
  • May 11, 2021 8:17am May 11, 2021 8:17am
Trade 2: GU
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  • #16,199
  • May 11, 2021 10:06am May 11, 2021 10:06am
Quoting tallshirley
Trade 2: GU {image}
Welcome Tallshirly.

IMO, you want it too much.
Let the market show its hand.

look-- there is really no need to trade every signal.

Your Buystop order is just not neccessary in any kind.

Longer wicks on top and bottom tells us something.

Stay calm and look for better entries, they pay out in the long term.
Stay tuned
Guido
Risiko birgt immer auch die Chance.
  • #16,200
  • May 11, 2021 6:48pm May 11, 2021 6:48pm
Quoting Sesamstrasse
{quote} Welcome Tallshirly. IMO, you want it too much. Let the market show its hand. look-- there is really no need to trade every signal. Your Buystop order is just not neccessary in any kind. Longer wicks on top and bottom tells us something. Stay calm and look for better entries, they pay out in the long term. Stay tuned Guido
Dear Sesamstrasse,

thank you for your guidance. I need to overcome FOMO. Thus, created checklist based on this CHOROS rules. I will add wick as a form of NOT TO ENTER in my checklist.

In this GU trade, i re-enter when i found 35SMA is a better entry point with better RR and that the SL met the rules. I did not check SL during entry of the 1st GU buy at 10EMA. TP 50pips 4hours later from combination of 2 buy entries.

This is where i think forward test is important. Backtest seems superb but forward test will train our emo as well. Glad to have your guidance here. Much appreciated!
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