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CHOROS System

  • #7,541
  • Jun 15, 2012 4:30pm Jun 15, 2012 4:30pm
Quoting pjotter
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.
What Peter said is correct. There is no update because nothing changed. The only thing I really added was using the method with smaller TFs and smaller targets. So do the homework, read the thread and practice......

P.S. I don't post often anymore but if you guys start posting your trades and discussing them, it will probably help you.
  • #7,542
  • Jun 15, 2012 5:46pm Jun 15, 2012 5:46pm
thanks guys appreciate the responses.

Will do so.
  • #7,543
  • Jun 16, 2012 6:35am Jun 16, 2012 6:35am
@Mannai,

A post which is of great value is this on page 181 post #7213.

And someone condensed all Kostas' posts into one PDF file, but i can't find it right now. Perhaps one of the other members can help u out with that one.

Those high value posts might give u a kick start into understanding how people are trading this method as of today.
Ever tried. Ever failed. No matter. Try again. Fail again. Fail better
  • #7,544
  • Jun 17, 2012 12:54pm Jun 17, 2012 12:54pm
Quoting pjotter
@Mannai,

A post which is of great value is this on page 181 post #7213.

And someone condensed all Kostas' posts into one PDF file, but i can't find it right now. Perhaps one of the other members can help u out with that one.

Those high value posts might give u a kick start into understanding how people are trading this method as of today.
++++++++++++++++++++++++++++++++

Pardon me if I'm missing your point but the pdf you're referring to is Page 481, post# 7213.

If I am messed up here, please disregard, or flame...
  • #7,545
  • Jun 17, 2012 1:15pm Jun 17, 2012 1:15pm
Quoting diamonddbw
++++++++++++++++++++++++++++++++

Pardon me if I'm missing your point but the pdf you're referring to is Page 481, post# 7213.

If I am messed up here, please disregard, or flame...
Ah,

I think i know what happened,
I set in my profile settings to see 40 posts a page.
So i dont have to click next so many times. But just see larger pages.
Therefore, your post #7544 is on page 189.

My mistake. Thanks for pointing that out. Guess i'm the one who's messed up hehehehe...

Sorry for the misunderstanding.
Ever tried. Ever failed. No matter. Try again. Fail again. Fail better
  • #7,546
  • Jun 18, 2012 6:11am Jun 18, 2012 6:11am
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.
Hi mate. Sorry for being nosey. what was the amount you started with If I may ask?
I suppose when you say half way to 7 digit account you mean about 500.000?
what was the average monthly return in %? and how much time you had to contribute?
On my way to financial independence - if others can do it - I can do it
  • #7,547
  • Jun 18, 2012 10:14am Jun 18, 2012 10:14am
Quoting Eur Usd
Hi mate. Sorry for being nosey. what was the amount you started with If I may ask?
I suppose when you say half way to 7 digit account you mean about 500.000?
what was the average monthly return in %? and how much time you had to contribute?
Hey Eur USD, maybe these posts will answer your questions:

http://www.forexfactory.com/showpost...28#post4875128
http://www.forexfactory.com/showpost...90#post4713090
http://www.forexfactory.com/showpost...36#post5058136

Happy Trading
  • #7,548
  • Jun 18, 2012 10:28am Jun 18, 2012 10:28am
cheers mate
I took a look at it and it is incredible, the guy will retire in few years ;-)
On my way to financial independence - if others can do it - I can do it
  • #7,549
  • Jun 18, 2012 4:04pm Jun 18, 2012 4:04pm
Eurusd trade

15m 10ema, 1m Double top, 5m Pinbar, Round Number, Daily S1

SL 13

Tp1 +18 Weekly Pivot

Tp2 +29 Double Bottom in 15m
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada danza eurusd 18.06.2012.gif Size: 346 KB
Click to Enlarge Name: salida danza eurusd 18.06.2012.gif Size: 321 KB
Click to Enlarge Name: 2salida danza eurusd 18.06.2012.gif Size: 320 KB
  • #7,550
  • Jun 18, 2012 4:11pm Jun 18, 2012 4:11pm
Quoting foxterbotell
Eurusd trade

15m 10ema, 1m Double top, 5m Pinbar, Round Number, Daily S1

SL 13

Tp1 +18 Weekly Pivot

Tp2 +29 Double Bottom in 15m
Usually, I only consider the 1st or 2nd touch of the 10 for safety. You took the 3rd with great analysis and even greater exits. From your posts it seems like you did your homework with CHOROS. Great job !
  • #7,551
  • Jun 18, 2012 4:26pm Jun 18, 2012 4:26pm
Quoting kostas1
Usually, I only consider the 1st or 2nd touch of the 10 for safety. You took the 3rd with great analysis and even greater exits. From your posts it seems like you did your homework with CHOROS. Great job !
Thanks for your comment kostas1, this trade to take it because I had a lot of very strong confluence

I am taking very seriously the application of this method of forex to live in a very near future: =)
  • #7,552
  • Jun 19, 2012 9:03am Jun 19, 2012 9:03am
15m 35/50 , 5m and 1m engulfing bullish and mini-pinbar

SL 13

Tp1 +14 in Daily Pivot

Tp2 +37 in Round Number 1.26500
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada salida eurusd 19.06.2012.gif Size: 313 KB
Click to Enlarge Name: entrada salida 2 eurusd 19.06.2012.gif Size: 317 KB
  • #7,553
  • Jun 19, 2012 9:26am Jun 19, 2012 9:26am
Hello dancers!
I think this is a perfect "by the rules" 5m choros trade.
After a zig-zag from the Frankfurt open (fofo phainomenon)
when I stopped out one time I remebered a Kostas advice:
"After a zig-zag the prices finally will breakout !"
And it happened (forexbotel trade)
Then a 2 bars retrace 5m/12 with 2 consecutive 5m pin bars was a perfect (for my opinion signal).
You can see the entry time and some moments before exit tp=rn = 1.2650.
Attached Image (click to enlarge)
Click to Enlarge Name: z.png Size: 49 KB
Attached Images
  • #7,554
  • Jun 21, 2012 6:10am Jun 21, 2012 6:10am
Γειά σου Κώστα!
Συνονόματος κι εδώ, από Ελλάδα!
Πολύ θα σε ήθελα για μέντορα, αλλά δεν ξέρω αν έχεις τη διάθεση να το κάνεις, συμπατριώτη... Ρωτώ με επιφύλαξη και πάντα καλοπροαίρετα...

I'll write the rest in English, out of respect to all non-Greek speaking fellow members.

I am a starter with Choros and really lost with this huge thread...
Have read "Clay's Journey", and "The Dance Manual" and tried some trading, which looks promising.

Please Kostas, enlighten me where to find some more updated info of your trading style with Choros.
Is there somewhere any updated links posted?

Many thanks!
- Kostas
..., but what WE make.
  • #7,555
  • Jun 21, 2012 10:06am Jun 21, 2012 10:06am
eurusd trade in NY Session

15m 10ema, 1m miniconstraisnment, 5 doji and pinbar, monthly pivot

SL 13

Tp1 25

tp 55
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada eurusd 21.06.2012.gif Size: 312 KB
Click to Enlarge Name: salida1 eurusd 21.06.2012.gif Size: 316 KB
Click to Enlarge Name: salida2 eurusd 21.06.2012.gif Size: 297 KB
  • #7,556
  • Jun 21, 2012 10:21am Jun 21, 2012 10:21am
Hello,
i'm new to ff. I found this system last weekend and it really got me. I got new motivation, cause you showed (especially Kostas) me that in can work. Now I have a system and i know it can work so i can start to lern it and train myself. Before that I gave up systems after a few days, just because i thought this isn't runnig. Now i can start to work on my greed and fear.
At the moment i'm trying to work myself through the old thread. And all the original pdf-files. Iam highly motivated even though i dont really see the signals by now but i hope its getting better soon.

Do you have any experiences which Pair works good after London and Frankfurt close? EURUSD or GBPUSD?
Sorry for my awful english.
  • #7,557
  • Jun 21, 2012 1:00pm Jun 21, 2012 1:00pm
Foxter verry good trade! I took a long where you exited 1-st half - Daily and H4 constrainment plus the m15 bars. Exited at BE in the end.

Good trade again!
  • #7,558
  • Jun 22, 2012 8:55am Jun 22, 2012 8:55am
Did somebody managed to catch that EU short at 1,2580 ? i was waiting for some 3-4 pips more up and a good 5min bar.

I hope somebody made some quick 25 pips
  • #7,559
  • Jun 22, 2012 9:07am Jun 22, 2012 9:07am
Quoting P.r.p
Did somebody managed to catch that EU short at 1,2580 ? i was waiting for some 3-4 pips more up and a good 5min bar.

I hope somebody made some quick 25 pips
GOUGH, GOUGH..... (about 18p for me)
  • #7,560
  • Jun 22, 2012 9:19am Jun 22, 2012 9:19am
Hey,
i'm not tradin eurusd but i was looking at gbpusd and took a short trade. Was this entry ok? (Well a bad exit should have gone out at the daily trendline)
And my second screen, would this have been a valid entry on eurjpy?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 20.gif Size: 40 KB
Click to Enlarge Name: valid.gif Size: 39 KB
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