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CHOROS System

  • #6,961
  • Dec 13, 2011 1:23am Dec 13, 2011 1:23am
Quoting screenname
Hope it's ok to post this here. In the chat room Binyamin mentioned his frustration (which many share) about debugging in MT4. I know there are quite a few dancers who are into programming and I just accidentally found this thread a moment ago:

http://www.forexfactory.com/showthread.php?t=245303

Haven't tried it yet but since hanover said it had "made my own job much easier" I believe it must be good.

Enjoy.

Thanks screen, I think this is the solution that will speed MT4 development time! Man, I am excited!
Riding the order flow
  • #6,962
  • Dec 13, 2011 6:13pm Dec 13, 2011 6:13pm
New video
  • #6,963
  • Dec 14, 2011 12:05am Dec 14, 2011 12:05am
Yesterday there was a setup on AU, H1 35/50 H4 10EMA, DP as depicted in the 1st image. I got out 20 pips from it.

But over in the M5, after the reaction to those confluence there was a perfect AAA M5 trade. A bounce from the HTF confluence followed by a rejection of the 12EMA. I see this happen in maybe 50% of the time when the price does the HTF reaction.

Either way is good pips. What I plan to do is use the M5 to recover any HTF AAA trades that hit my SL just to turn around into myfavour. M5 can possibly help me to limit the damage of a failed AAA trade. However besides that, M5 can also be use by themselves in collaboration with HTF big picture. I've been making good M5 trades with what I show with a total of 10 trades since last week monday for only 1 lost and no BE trades. I probably miss 3 times as much setup, so I am not very efficient in taking the M5 trades as they come, that is the biggest disadvantage.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 239 KB
Click to Enlarge Name: untitled2.JPG Size: 222 KB
Riding the order flow
  • #6,964
  • Dec 14, 2011 1:39am Dec 14, 2011 1:39am
here is Clay's new video

http://dl.dropbox.com/u/51206458/New Type of Charts2.zip

http://dl.dropbox.com/u/51206458/New...%20Charts2.zip

or watch online
http://www.blofield.info/Forex/New Type of Charts2.html

http://www.blofield.info/Forex/New%2...20Charts2.html

njoy
  • #6,965
  • Dec 14, 2011 3:42am Dec 14, 2011 3:42am
Attached File(s)
File Type: mq4 HardLevels.mq4   9 KB | 748 downloads
  • #6,966
  • Dec 15, 2011 7:09am Dec 15, 2011 7:09am
I have been studying The Dance of Clay for a while and no succeed yet.
Still keeping be better. ANd tıday i have done my best trade. See attached.

I have not finished thread of clay's so i did not begin Choros System.
I suppose there is no difference so much.
Attached Image (click to enlarge)
Click to Enlarge Name: ehehehehe.gif Size: 45 KB
Good Hunting!
  • #6,967
  • Dec 15, 2011 9:59am Dec 15, 2011 9:59am
Quoting Arokh Dark
I have been studying The Dance of Clay for a while and no succeed yet.
Still keeping be better. ANd tıday i have done my best trade. See attached.

I have not finished thread of clay's so i did not begin Choros System.
I suppose there is no difference so much.
There is a lot of difference. Advisable to read both.

Btw trading conditions at this time of the year is bad. Some dancers are only dancing again on the 15th of january.
Riding the order flow
  • #6,968
  • Dec 15, 2011 12:30pm Dec 15, 2011 12:30pm
Quoting Binyamin
There is a lot of difference. Advisable to read both.

Btw trading conditions at this time of the year is bad. Some dancers are only dancing again on the 15th of january.
Hello Binyamin,

Sure i will read both but will take long

And why this time of year is bad till 15th Jan?
Good Hunting!
  • #6,969
  • Dec 15, 2011 2:18pm Dec 15, 2011 2:18pm
Quoting Arokh Dark
Hello Binyamin,

Sure i will read both but will take long

And why this time of year is bad till 15th Jan?
Because those people who are moving the markets in serious tradable directions are at the moment skying or swimming somewhere on the two different sides of the equator

Good time for reading the threads now.

Btw it is a very positive approach to this strategy (and to anything else): first collect all the informations, than act and write.

Wish you a great journey.
  • #6,970
  • Dec 15, 2011 5:27pm Dec 15, 2011 5:27pm
Quoting Whenever
Because those people who are moving the markets in serious tradable directions are at the moment skying or swimming somewhere on the two different sides of the equator

Good time for reading the threads now.

Btw it is a very positive approach to this strategy (and to anything else): first collect all the informations, than act and write.

Wish you a great journey.
Now it is a good information. Thanks for it really!

So my timing for studying in theory is perfect
Good Hunting!
  • #6,971
  • Dec 15, 2011 7:27pm Dec 15, 2011 7:27pm
Quoting Arokh Dark
I have been studying The Dance of Clay for a while and no succeed yet.
Still keeping be better. ANd tıday i have done my best trade. See attached.

I have not finished thread of clay's so i did not begin Choros System.
I suppose there is no difference so much.
Arokh, BTW, that was a nice trade! Beautiful Dance trade! Beginning of trend established, first retrace and touch of 35/50, and you got 30 pips! Wash, rinse, repeat.
Luck occurs when preparation meets with opportunity.
  • #6,972
  • Edited 8:58pm Dec 15, 2011 8:39pm | Edited 8:58pm
Quoting AlienFrog
Arokh, BTW, that was a nice trade! Beautiful Dance trade! Beginning of trend established, first retrace and touch of 35/50, and you got 30 pips! Wash, rinse, repeat.
Still remember the axiom: flat 35/50, no trade.
Completely not sure what is a good choros setup to me now, after more than 1/2 year of practice. Perhaps, it is only me here.
I think I am not even good at hindsight evaluation, not to mention real-time execution of Choros.

In fact, I have seen so many days, on which M15 35/50 of GU and EU are flat, so trading only GU and EU means no trades, and daily goal is meaningless.

.
  • #6,973
  • Dec 15, 2011 9:24pm Dec 15, 2011 9:24pm
Quoting kk007
Still remember the axiom: flat 35/50, no trade.
Completely not sure what is a good choros setup to me now, after more than 1/2 year of practice. Perhaps, it is only me here.
I think I am not even good at hindsight evaluation, not to mention real-time execution of Choros.

In fact, I have seen so many days, on which M15 35/50 of GU and EU are flat, so trading only GU and EU means no trades, and daily goal is meaningless.

.
Someone's in a cloudy grey mood today! C'mon KK, you're always looking at the right direction and asking the right questions I bet is just a tiny detail that will make a big difference in your trading, so cheer up man! btw we have been talking about you on the liveroom yesterday, everybody's wondering where were you.. so login one of this days! see yah mate
Flp. 4:13
  • #6,974
  • Edited 11:10pm Dec 15, 2011 10:58pm | Edited 11:10pm
Quoting kk007
Still remember the axiom: flat 35/50, no trade.
Completely not sure what is a good choros setup to me now, after more than 1/2 year of practice. Perhaps, it is only me here.
I think I am not even good at hindsight evaluation, not to mention real-time execution of Choros.

In fact, I have seen so many days, on which M15 35/50 of GU and EU are flat, so trading only GU and EU means no trades, and daily goal is meaningless.

.
Yes I agree having daily goals can be meaningless. We take what the market allow us to take everyday. We don't force our will on the market. But should you have frequent setups like Kos, then the market will allow you to take pips daily and have daily, hourly, minute, second goals =)

PS: In my view I disagree that you were practicing any setups you understood. More like shooting in the dark at half baked setups you don't understand. IMHO. Well I hope it will workout somehow.
Riding the order flow
  • #6,975
  • Dec 15, 2011 11:02pm Dec 15, 2011 11:02pm
Quoting Binyamin
Yes I agree having daily goals can be meaningless. We take what the market allow us to take everyday. We don't force our will on the market. But should you have frequent setups like Kos, then the market will allow you to take pips daily. Daily/weekly/monthly goals are reserved for those that are consistent with at least 1 setup, not for those that are not consistent with anything.
Amen!
Flp. 4:13
  • #6,976
  • Dec 15, 2011 11:28pm Dec 15, 2011 11:28pm
Quoting bigtent
Attachment
Can you please give more info. on this indicator or whatever?
"Put all your efforts in becoming effortless"
  • #6,977
  • Dec 15, 2011 11:44pm Dec 15, 2011 11:44pm
Quoting Binyamin
PS: In my view I disagree that you were practicing any setups you understood. More like shooting in the dark at half baked setups you don't understand. IMHO. Well I hope it will workout somehow.
Let alone trade execution (which is much more demanding), even just hindsight evaluation I am in the dark.

It is meaningless to talk about trade execution, if hindsight evaluation has not been done well.
.
  • #6,978
  • Dec 15, 2011 11:56pm Dec 15, 2011 11:56pm
Quoting Binyamin
But should you have frequent setups like Kos,
True, he has much much more setups than what I can see from the original Choros. Perhaps, monthly (or weekly) goal is more reasonable to work with for other, if trading only EU and GU.
.
  • #6,979
  • Dec 16, 2011 12:00am Dec 16, 2011 12:00am
Quoting Anthar
Someone's in a cloudy grey mood today! C'mon KK, you're always looking at the right direction and asking the right questions I bet is just a tiny detail that will make a big difference in your trading, so cheer up man! btw we have been talking about you on the liveroom yesterday, everybody's wondering where were you.. so login one of this days! see yah mate
Thanks Anthar, I think it is not a good time of the year to trade.
.
  • #6,980
  • Dec 16, 2011 12:38am Dec 16, 2011 12:38am
Quoting kk007
Let alone trade execution (which is much more demanding), even just hindsight evaluation I am in the dark.

It is meaningless to talk about trade execution, if hindsight evaluation has not been done well.
.
Just quit dance/choros and try something more mechanical- naningbob. If your efforts keep failing change your approach dude...

PS: oh yeah we miss you btw.
Riding the order flow
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