CHOROS System | Page 377 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CHOROS Interactive 2,625 replies

Money management for CHOROS and other strategies 2 replies

I want to pay off my mortgage asap with Choros 181 replies

3-9% a day with CHOROS? 63 replies

Would you trade this system? New system #2. 10 replies

Attachments: CHOROS System
Exit Attachments

CHOROS System

  • #7,521
  • May 23, 2012 8:19am May 23, 2012 8:19am
gbp/usd. round number, ema10, retrace
+13, also took +15 on aud/usd but i wont post it because its not exactly by the rules, +28 for today, my daily target.
Attached Image (click to enlarge)
Click to Enlarge Name: aa.jpg Size: 77 KB
  • #7,522
  • May 23, 2012 1:08pm May 23, 2012 1:08pm
First of all many thanx to P.r.p. & AlexLV for your comments! Very usefull. Again thanx to all dancers for the help, I had quit trade long time ago for sure if there aren't this thread.3
Today eu trade first m5/12 after the eu big fall.
entry & exit.
Attached Images
  • #7,523
  • Jun 11, 2012 2:09pm Jun 11, 2012 2:09pm
Milestone reached: I am halfway to 7 digit account. This is not counting my withdrawals.
The message to new traders: Success is possible in forex. Choose a decent trading system (doesn't have to be CHOROS), focus on learning the market, spent the time in front of the screen, and don't give up after loosing some accounts. Don't forget to pay yourself regularly.
Overall, I think focusing on scalping provides a faster learning curve, although it's more difficult than longer TFs and more stressful.
  • #7,524
  • Jun 11, 2012 2:40pm Jun 11, 2012 2:40pm
Quoting kostas1
Milestone reached: I am halfway to 7 digit account. This is not counting my withdrawals.
The message to new traders: Success is possible in forex. Choose a decent trading system (doesn't have to be CHOROS), focus on learning the market, spent the time in front of the screen, and don't give up after loosing some accounts. Don't forget to pay yourself regularly.
Overall, I think focusing on scalping provides a faster learning curve, although it's more difficult than longer TFs and more stressful.
Good job Kostas!! Congrads...when did you start, and how much did you start with?
  • #7,525
  • Jun 11, 2012 8:38pm Jun 11, 2012 8:38pm
Quoting kostas1
Milestone reached: I am halfway to 7 digit account. This is not counting my withdrawals.
The message to new traders: Success is possible in forex. Choose a decent trading system (doesn't have to be CHOROS), focus on learning the market, spent the time in front of the screen, and don't give up after loosing some accounts. Don't forget to pay yourself regularly.
Overall, I think focusing on scalping provides a faster learning curve, although it's more difficult than longer TFs and more stressful.
Congratulations, my friend! You are an inspiration to so many of us!

What is truly amazing to me is that you did it mostly on only one or two pairs, AND while working your day job.

Now don't spend it all in one place!

Well done, and I wish you continued success!
AF
Luck occurs when preparation meets with opportunity.
  • #7,526
  • Jun 11, 2012 11:14pm Jun 11, 2012 11:14pm
Quoting kostas1
Milestone reached: I am halfway to 7 digit account. This is not counting my withdrawals.
The message to new traders: Success is possible in forex. Choose a decent trading system (doesn't have to be CHOROS), focus on learning the market, spent the time in front of the screen, and don't give up after loosing some accounts. Don't forget to pay yourself regularly.
Overall, I think focusing on scalping provides a faster learning curve, although it's more difficult than longer TFs and more stressful.
Congratulations!
It is good that you update your progress consistently for a long time. Not many do the same here.
Although I don't know how you trade, wish your success continues!
.
  • #7,527
  • Jun 12, 2012 12:26am Jun 12, 2012 12:26am
Quoting kostas1
Milestone reached: I am halfway to 7 digit account.

You deserve it man atlast some good news from Greece!
"Put all your efforts in becoming effortless"
  • #7,528
  • Jun 12, 2012 1:58am Jun 12, 2012 1:58am
Quoting kostas1
Milestone reached: I am halfway to 7 digit account. This is not counting my withdrawals.
The message to new traders: Success is possible in forex. Choose a decent trading system (doesn't have to be CHOROS), focus on learning the market, spent the time in front of the screen, and don't give up after loosing some accounts. Don't forget to pay yourself regularly.
Overall, I think focusing on scalping provides a faster learning curve, although it's more difficult than longer TFs and more stressful.

bravo Kosta!
you are a lighthouse to many of us and give us hope and direction. Thanks for all. I wiss you to continue this success!
  • #7,529
  • Jun 12, 2012 4:32am Jun 12, 2012 4:32am
Quoting makonen
bravo Kosta!
you are a lighthouse to many of us and give us hope and direction. Thanks for all. I wiss you to continue this success!
Thanks guys. I don't really need any congrats or to brag here. Only, to encourage you to keep going. I think it is important to see that there is indeed light at the end of the tunnel and as I was supported by some FF guys, I want to pay back by giving support to where I can.....
  • #7,530
  • Jun 12, 2012 5:34am Jun 12, 2012 5:34am
bravo re kosta

i also had my first breakeven month and my first week with a small profit and i am trying now to focus on trading every day for 3-4hours.
For this month i am getting 15 pips every day and from the things i see everyday i know that it can be done. of course i am not sure if i can make it myself but it is encouraging to see everything i know happening live in the charts.
it is also very important as you have said to gather as much experience as possible and you can do that only through live trading if you stay focused and disciplined.
i hope that i am going to increase the number of pips i make everyday and start my money management plan in two or three months.
My advice to other newbies like me is patience and good trade selection.

thanks again for the inspiration and the work you have done to make this strategy clear for us.
  • #7,531
  • Jun 12, 2012 6:09am Jun 12, 2012 6:09am
Kostas what a great news to hear from you. You are true inspiration for me (us). It be wonderful to revive this thread with fresh screenshots of your performance...

  • #7,532
  • Jun 12, 2012 8:41am Jun 12, 2012 8:41am
Choros still kicks ass. I've started a new job so I cant trade now, especially not LTF.
Swedish steel!
  • #7,533
  • Jun 13, 2012 10:58am Jun 13, 2012 10:58am
I'm new to this great thread, I bring my business to the present day eurusd 13.06.2012 at the session of new york

15m 35MA, 1H 10SMA EURusd
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada danza eurusd 13.06.2012.gif Size: 301 KB
Click to Enlarge Name: cierre 10% danza eurusd 13.06.2012.gif Size: 281 KB
  • #7,534
  • Jun 13, 2012 12:34pm Jun 13, 2012 12:34pm
Dear foxterbottel,

I also took the same trade!
I call this kind of trades "Haydel's trades" because he is trading
these set ups with big success.
The time of entry (after 5m pin bar) was 14:20 gmt
@1.2527 . I had a drawdown until -12 pips but I had my s. loss under weekly pivot as you can see at the m15 chart (red line)....
After t.profit1 hit (1.2550rn) close 50% and set a s.loss to b.e. to have a free ride.
Also I have to make a general comment:
Because for choros trades (m15-m5 trades) the "window of opportunity" is very small (some times only some seconds or mins). Like a reptile to catch an insect as Binyamin said!
I found a way to have a full day contact with market with my iphone with teamviewer application.
So, I can remote my pc from everywhere anytime.
Of course it is only for one pair and I don't suggest it when you drive!
But I found that with this way I can have a better sense of the market because my job limits my screentime very often.
Attached Images
  • #7,535
  • Jun 13, 2012 1:08pm Jun 13, 2012 1:08pm
Quoting makonen
Dear foxterbottel,

I also took the same trade!
I call this kind of trades "Haydel's trades" because he is trading
these set ups with big success.
The time of entry (after 5m pin bar) was 14:20 gmt
@1.2527 . I had a drawdown until -12 pips but I had my s. loss under weekly pivot as you can see at the m15 chart (red line)....
After t.profit1 hit (1.2550rn) close 50% and set a s.loss to b.e. to have a free ride....

estimated Makonen I am very pleased to know that we both made the same operation, is the first time I post in this thread, I will continue posting my contributions since I love a lot this strategy
  • #7,536
  • Jun 14, 2012 2:44am Jun 14, 2012 2:44am
Please keep them charts coming.... After a few attempts in many other systems, I think it is time to settle for a high-probability winning system. I don't expect to get 90% success rate but at least 65-70% would be good enough to get started.

the best way to learn is to seeing live trades from current dancers.. So if you are happen to be a dancer, and have the time to help new ones, then post your live charts and analysis to assist us

After browsing hundreds of system, i think choros and trend trading all pairs by NM would take all my dedicated time to study them. Systems with lots of indicators have failed me too much. System with less indicator couple with PA would be a good fit.
  • #7,537
  • Jun 14, 2012 9:13am Jun 14, 2012 9:13am
Eurusd trade 1h 35/50 + Daily pivot + 4h 10ema + Round Number

strong signal to buy +23pips....

should be partially closed by 90% to leave the remaining 10% to touch 1.2600,
Attached Image (click to enlarge)
Click to Enlarge Name: entrada danza eurusd 14.06.2012.gif Size: 299 KB
  • #7,538
  • Jun 15, 2012 12:37pm Jun 15, 2012 12:37pm
eurusd trade,, 15min 10ema + 5min 35/50 ma

SL 13

Profit 23

Hit target in 1.26500 Round number
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada danza eurusd 15.06.2012.gif Size: 320 KB
Click to Enlarge Name: salida danza eurusd 15.06.2012.gif Size: 293 KB
  • #7,539
  • Jun 15, 2012 3:58pm Jun 15, 2012 3:58pm
Was just wondering if there is any place I can read up on this method or any updated version of it. Or are the links from the first post still valid and the essence of this method?

I tried to dl the updated manual but it seems as though it nor longer exists on the link...
Any insight would be most appreciated.

Thanks in advance
  • #7,540
  • Jun 15, 2012 4:24pm Jun 15, 2012 4:24pm
Quoting mannai70
Was just wondering if there is any place I can read up on this method or any updated version of it. Or are the links from the first post still valid and the essence of this method?

I tried to dl the updated manual but it seems as though it nor longer exists on the link...
Any insight would be most appreciated.

Thanks in advance
Hi Mannai,

As far as I know, the rules of clay's post are still valid.
However, there are some changes to how people are using this method.
But I'm not aware of any official update. So in order to know how people are using it now, is just to skim through the posts.

By doing so, you'll definatily gain a lot of knowledge on the whole system.

Good luck..

Peter.
Ever tried. Ever failed. No matter. Try again. Fail again. Fail better
8 traders viewing now