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CHOROS System

  • #1,881
  • Sep 21, 2010 2:29am Sep 21, 2010 2:29am
kostas, first my deep respect for this result.

i have a question: how can you do this kind of success in trading while having a responsible fulltime job?

i guess you miss a lot of trading opportunities, DESPITE you are reaching in 90% of your days the target.

i am a fulltime trader, but never had these outstanding results in my live.
is the fact that you are NOT sitting in front of the screen all time the secret to your outstanding success?
trading is like dancing, don't think and just listen to the music!
  • #1,882
  • Sep 21, 2010 2:48am Sep 21, 2010 2:48am
wooow Kostas,
your results are fantastic indeed! how can you manage working and achieving that kinda results! just amazing!

wishing you success!
  • #1,883
  • Sep 21, 2010 2:53am Sep 21, 2010 2:53am
Quoting birdland
kostas, first my deep respect for this result.

i have a question: how can you do this kind of success in trading while having a responsible fulltime job?

i guess you miss a lot of trading opportunities, DESPITE you are reaching in 90% of your days the target.

i am a fulltime trader, but never had these outstanding results in my live.
is the fact that you are NOT sitting in front of the screen all time the secret to your outstanding success?
Well, to be honest my job as a director who applies the principles of "The One Minute Manager" by Kenneth Blanchard does allow me enough time on the computer to trade. But it is also true that not being glued to the screen helps to focus only on the real opportunities and not overtrade.
My winning trade% is around 72-73% but very rarely I can't bring +30 pips per day. The reason I post these results is not to brag but serve as hope to other guys that good results ARE possible. Don't forget until March I was on the loosing side of the equation. My focus now is to remain on this side.....
  • #1,884
  • Edited 4:14pm Sep 21, 2010 4:11pm | Edited 4:14pm
Quoting Norg
Thank you very much, Kostas! And good luck in this week's trading to all! I hope you will still post pictures of your manual trading setups...
Crazzzy, it's the robot I am developing that produces these signals. Nothing really special, just the automatic detection of the price touching a MA line...

I really like this idea of the detection of the price touching a Ma Line. Is there any indicator or alerts that can do that job?
'To get something you never had, you have to do something you never did.'
  • #1,885
  • Sep 22, 2010 5:48am Sep 22, 2010 5:48am
i will try this constrainment around the MA35 here.
trading is like dancing, don't think and just listen to the music!
  • #1,886
  • Sep 22, 2010 5:49am Sep 22, 2010 5:49am
chart
Attached Image
trading is like dancing, don't think and just listen to the music!
  • #1,887
  • Sep 23, 2010 1:20am Sep 23, 2010 1:20am
Quoting crazzzzzy
I really like this idea of the detection of the price touching a Ma Line. Is there any indicator or alerts that can do that job?
My EA is attached. Please mind that:
- it's a robot, not an indicator (even if it does not trade). So you place it in /experts folder, and you cannot run several instances of it on the same chart;
- as I use it for backtests, it does not give an instant alert; it rather writes alerts in a file.
Attached File(s)
File Type: mq4 MA_Touch.mq4   3 KB | 401 downloads
  • #1,888
  • Sep 23, 2010 2:57am Sep 23, 2010 2:57am
Hi took the confluence of the touch M15 - 10 and M5 - 50+35

The lines look a bit flat at the moment, so it was actually a bit risky trade.

Closed "conservatively" at +12.

Could have been a bit more...I must work on the trying the trailing stop as per the rules... but not bad in a flat moment.
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  • #1,889
  • Sep 23, 2010 4:47am Sep 23, 2010 4:47am
I need a help from experienced Dancers: please let me know which touch on the charts below you would considered "valid by 2-bars-getting there" rule. I am basically confused by whether these bars must be counted
a) from the last one that touched the MA (in this case, only chart 3 is valid),
b) from the last closest swing high (1, 2, 3 and 4 are valid),
c) from the highest swing after the previous touch (1, 2 and 3 are valid).
Thank you!
Attached Image
  • #1,890
  • Sep 23, 2010 6:25am Sep 23, 2010 6:25am
Quoting Norg
I need a help from experienced Dancers: please let me know which touch on the charts below you would considered "valid by 2-bars-getting there" rule. I am basically confused by whether these bars must be counted
a) from the last one that touched the MA (in this case, only chart 3 is valid),
b) from the last closest swing high (1, 2, 3 and 4 are valid),
c) from the highest swing after the previous touch (1, 2 and 3 are valid).
Thank you!

Hi Norg,

I am surely not an experienced Dancer, but I think also this answer to be on Clay's Manual.

The "music" I hear tells me that the retracement to the 10MA in two bars is valid after the swing high of the last stronger move, of at least 15 pips.
So this exclude picture nr. 4

Also very important is the angle of the MA10, as higher the ° the better the trade possibility.

BUT: also very important in my opinion is the P/A on the small TF at the moment of the M15 MA10 touch.
M1 and/or M5 must show you that the move is going to go back to the previous direction.
Otherwise you risk to enter a touch "through" the MA10 and you never know where it will arrive (just look at the other MA or S/R or RN).

Moreover you also need a look at the higher TF's.
Where is the stronger direction at the moment ?
Should I mostly look at long or short moves at the moment ?

Just try to understand where our leading Dancer (the market) will most probably go next, as we have to follow.
Or we will thump its feet... and I think the Market doesn't really appreciate that
  • #1,891
  • Sep 23, 2010 3:36pm Sep 23, 2010 3:36pm
Quoting Norg
My EA is attached. Please mind that:
- it's a robot, not an indicator (even if it does not trade). So you place it in /experts folder, and you cannot run several instances of it on the same chart;
- as I use it for backtests, it does not give an instant alert; it rather writes alerts in a file.

Thanks for the share, i've attached the EA to the charts.... (m5, m15 and h1)

Now where should i find the file where it will write the alerts?
'To get something you never had, you have to do something you never did.'
  • #1,892
  • Sep 24, 2010 12:10am Sep 24, 2010 12:10am
Quoting crazzzzzy
Thanks for the share, i've attached the EA to the charts.... (m5, m15 and h1)
Now where should i find the file where it will write the alerts?
If you run it in tester, then the files will be in tester/files directory.
If you run life, then they are in experts/files directory (be sure you gave different names to the files in the EA parameters).
Please note that by respect to "manual Dancers" I will not post there about any EA any more, since this thread is for manual trading. If I move forward with the EA, I will open a separate thread...
  • #1,893
  • Sep 24, 2010 1:42pm Sep 24, 2010 1:42pm
Quoting Norg
If you run it in tester, then the files will be in tester/files directory.
If you run life, then they are in experts/files directory (be sure you gave different names to the files in the EA parameters).
Please note that by respect to "manual Dancers" I will not post there about any EA any more, since this thread is for manual trading. If I move forward with the EA, I will open a separate thread...

Thanks, i am not running it in the tester, i cannot see any file in the Experts/file directory.

1)What do you mean by "BE SURE YOU GAVE DIFERENT NAMES TO THE FILES IN THE EA PARAMETERS?" The file is Ma_Touch.csv there was a touch on Eur/usd H1 but i did not see the any file in the Experts/Files directory.

2)What i did was that i went to Navigator, Right Clicked on 'MA_TOUCH' and i selected Attach to Chart (on each of the charts M15, m5, H1). Is that what i was suppose to do?
'To get something you never had, you have to do something you never did.'
  • #1,894
  • Sep 27, 2010 3:56am Sep 27, 2010 3:56am
I took a touch (not a very "Dance" one) of the EMA10 on M5. (in the circle)

The best signal I was waiting for was the M15 confluence of EMA50 and EMA10, but it didn't seem to have "power" enough to come up there.

Several supports level on M15, not a clear day yet today.
My Target was the H1 support level.

I got it: +12 pips.

Some do, some don't, SO WHAT, NEXT !



PS: Kostas, Missing you here..
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  • #1,895
  • Sep 27, 2010 4:59am Sep 27, 2010 4:59am
Quoting Whenever

PS: Kostas, Missing you here..
Still around but don't have much time chatting. If you guys need to ask questions please do so, and I will try to respond when there is time.

Keep up the good work!
  • #1,896
  • Sep 27, 2010 5:18am Sep 27, 2010 5:18am
Quoting kostas1
Still around but don't have much time chatting. If you guys need to ask questions please do so, and I will try to respond when there is time.

Keep up the good work!
I kostas, I'm still reading the Dance manual, and your old posts too...I think I got the touch trades, I understood them, but I would like your personal interpretation of the constrainment technique...thank you
  • #1,897
  • Sep 28, 2010 4:39am Sep 28, 2010 4:39am
Hi:

Good trade by the rules...day done.

Regards.
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"Being picky only cost your time - not MONEY"...Hans
  • #1,898
  • Sep 28, 2010 5:26am Sep 28, 2010 5:26am
Quoting nando_rich
Hi:

Good trade by the rules...day done.

Regards.
Nice one, Nando.

On one side I would have been a bit afraid of the possible "ping pong" on H1, being the 35 & 50 not very close to each other, but on the other side on M5 there was a kind of "constrainment" of the EMA10 suggesting the continuation of the trend.

So again I see the importance also of the smaller TF for the best entry.

Good job !
  • #1,899
  • Sep 28, 2010 5:48am Sep 28, 2010 5:48am
Quoting nando_rich
Hi:

Good trade by the rules...day done.

Regards.
  • #1,900
  • Sep 28, 2010 9:58am Sep 28, 2010 9:58am
Confluence of several MAs on more TF.

I thought this to be a strong signal.
It was good for 13 pips in my sell, but I tried to trail the stop according to the rules and was stopped out (at 1,5 pips over BE anyway).

My consideration: if the price hesitate too long I will close and take what I have !
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