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CHOROS System 16,537 replies

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CHOROS Interactive

Hi guys... glad to see the CHOROS arc alive...
Wanted to stand by and ask participants about choros success rate in long term...
And do you guys using THE DANCE acsioms unchanged or did you upgrade something?

PS: as for me, i stumbled the CHOROS thread several monthes ago... then read THE DANCE manual... read it several times and really liked it - PA & S&R - thats sounds legitimate!
But when it came to real deal - it failed for me miserably... the price just reversed most of time and eated my tiny 10-15 pips stops... w/o reaching TPs... so it was graduallly rejected by my nerve defence mechanizm

PPS: So i'm just interesting, does this sistem really profitable in the LONG RUN? Maybe there was just a bad week, or i'm just not suit for it...
Quoting Niktesla
Hi guys... glad to see the CHOROS arc alive...
Wanted to stand by and ask participants about choros success rate in long term...
And do you guys using THE DANCE acsioms unchanged or did you upgrade something?

PS: as for me, i stumbled the CHOROS thread several monthes ago... then read THE DANCE manual... read it several times and really liked it - PA & S&R - thats sounds legitimate!
But when it came to real deal - it failed for me miserably... the price just reversed most of time and eated my tiny 10-15 pips stops... w/o reaching TPs... so it...
Probably should be in the main CHOROS thread, but, for mine, yes it works for some, but it doesn't for others.

Simply put, as Clay emphasized over and over, it is a strategy, not a system. So that means that it gives you a framework to work with, but you need to develop the skills to trade on that framework.

Some can (Kostas is amazingly successful), some can't, and it depends on your personality.

This is why there are so many indicators, methods, systems, etc in trading..... They are all just different ways of looking at the same thing, but they are needed because of the infinite variation in personalities trading and not everyone sees things the same way.

Trading is journey to find what you can work with. There is no holy grail that fits all.
Just entered Aussie on retrace to RN, first position +15 done, second trailing (SBE+1)

PS Out Pos 2 @ SBE+1. A better entry and I'd still be in it.
GM everyone,

Sorry a bit late post, but took just this trade. Both 35sma and 50ema were close to each other and declining and it was a nice touch to 35. Only one thing what was not by the rules - time (a bit too early, Frankfurt just opened and London is still closed). Moved stopp loss to BE+1 and will watch how it develops. Seems that price has an intention to break both yesterdays and todays lows.
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EU: H1.35/50 + H4.E10
Quoting Payles
GM everyone,

Sorry a bit late post, but took just this trade. Both 35sma and 50ema were close to each other and declining and it was a nice touch to 35. Only one thing what was not by the rules - time (a bit too early, Frankfurt just opened and London is still closed). Moved stopp loss to BE+1 and will watch how it develops. Seems that price has an intention to break both yesterdays and todays lows.
Yes, triple top on H1 chart
Quoting kk007
Yes, triple top on H1 chart
Yes, you can also call it head and shoulders pattern on H1. It was a break of the neckline and retest, let's see how it develops.
Is it a good idea to consider trading the GU M15.E10?
Quoting kk007
Is it a good idea to consider trading the GU M15.E10?
So fast, worth +20pip, haven't taken it.
Quoting Payles
Yes, you can also call it head and shoulders pattern on H1. It was a break of the neckline and retest, let's see how it develops.
Broken yesterday's low... a lot $$$$$$$$$$?
GU: Consider ping-pong the H4.S35 @ 1.5550?
Trade is developing just fine, have locked in 16 pips and still hoping to get more.
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Quoting kk007
GU: Consider ping-pong the H4.S35 @ 1.5550?
-10pip
Now my SL is RN +11 pips (1.5561) and waiting how it is developing. GU has just touched H4 35 sma and monthly S3 is very close. My take profit in EU is 1.3480, small base on H4 chart.
Quoting Payles
Now my SL is RN +11 pips (1.5561) and waiting how it is developing. GU has just touched H4 35 sma and monthly S3 is very close. My take profit in EU is 1.3480, small base on H4 chart.
Trade over, exit with SL at 1.3511, +48 pips
Quoting kk007
-10pip
Got back +15 pip for the same setup. My max TP is 15pip at the moment.
Lesson: shouldn't enter so quick after strong momentum.
Quoting Payles
Trade is developing just fine, have locked in 16 pips and still hoping to get more.
Nice trade and good patience in letting it develop. I only took +19p for the reasons you mentioned (before London open mainly). It was also confluenced with WP and H1 10 to the pip!!
Now there was another entry in EU, touch of 35sma M15 and 10ema H1, GU also supported with touch of 50ema on H1. However, EU was weaker than GU, so I took the first.
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Quoting Payles
Now there was another entry in EU, touch of 35sma M15 and 10ema H1, GU also supported with touch of 50ema on H1. However, EU was weaker than GU, so I took the first.
Now price really hesitates and EJ and GU do not support this short trade in EU. Have lowered my SL 1.3527, 15 pips locked in.
London is still closed but in GU the H1 10 is confluenced with M15 35/50 and RN. I may try a short there.
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