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CHOROS System

  • #7,561
  • Jun 22, 2012 7:24am Jun 22, 2012 7:24am
eurusd trade Buy Trade

the price crosseed above the 35/50,

first touch in 10ema in 15m, 1m pinbar, 5m double bottom

SL 14-15

Tp in weekly pivot +17

Tp2 in double top in 1m +14
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada eurusd 22.06.2012.gif Size: 310 KB
Click to Enlarge Name: salida1 eurusd 22.06.2012.gif Size: 317 KB
Click to Enlarge Name: salida2 eurusd 22.06.2012.gif Size: 319 KB
  • #7,562
  • Jun 22, 2012 7:28am Jun 22, 2012 7:28am
Kostas have you missed any opportunity in the last few weeks

Foxter good job again!
  • #7,563
  • Jun 25, 2012 8:29am Jun 25, 2012 8:29am
eurusd trade NY Session,,

Price very near in the round number, the 35sma, 15m pinbar, 5m price action

SL 14

Tp1 in MS4 Hit in +18

and the SL move to the entry but the price hit the SL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada eurusd 25.06.2012.gif Size: 325 KB
Click to Enlarge Name: salida1 eurusd 25.06.2012.gif Size: 305 KB
  • #7,564
  • Jun 25, 2012 9:23am Jun 25, 2012 9:23am
Today have been particularly good for choros.
Riding the order flow
  • #7,565
  • Jun 25, 2012 10:54am Jun 25, 2012 10:54am
Long time no post

I'll share my trades on the thread again for some time.

This is my currently open entry. It was an H1 10 ema touch in confluence with M15 35/50 and RN at 1.0000.

The entry point was exactly at H1 10 ema projection.

HTF agree with the trend.

SL 29pip, TP 41 pips

Risking 2%

Live account.

Something that is not usual in me is the time for this trade. I usually trade only on LONDON/NY Overlap.

We'll see how this trade develops.

Happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: audusd_2012_06_025_017_038_open.gif Size: 16 KB
  • #7,566
  • Jun 25, 2012 11:44pm Jun 25, 2012 11:44pm
Quoting Haydel
Long time no post

I'll share my trades on the thread again for some time.

This is my currently open entry. It was an H1 10 ema touch in confluence with M15 35/50 and RN at 1.0000.

The entry point was exactly at H1 10 ema projection.

HTF agree with the trend.

SL 29pip, TP 41 pips

Risking 2%

Live account.

Something that is not usual in me is the time for this trade. I usually trade only on LONDON/NY Overlap.

We'll see how this trade develops.

Happy trading
Nice to see Choros experts posting
  • #7,567
  • Jun 26, 2012 12:58am Jun 26, 2012 12:58am
Hi folks!

As a newbie with choros, can somebody help me with my chart setup, please?

Feel free to correct me if I'm wrong somewhere.

I've got a 22" monitor, and would like to focus on EURJPY pair looking for trades on the Tokyo/London overlap.

I've setup 5 charts:
- A (main) chart M15, with template Dance_m15
- A chart M5, with template Dance_m5_h1
- A chart H1, with template Dance_m5_h1
- A chart D1, with template Dance_d1
- A chart H4, with template Dance_m5_h1

Questions:
1) What is the proper template to load on the H4 chart?
2) What is the proper setting of GridSpace on the "Round Numbers Beige" indicator for each of the above timeframes for EURJPY?

Thanks in advance!
..., but what WE make.
  • #7,568
  • Jun 26, 2012 3:39am Jun 26, 2012 3:39am
GU trade
trade was based on M15 pin bar which is also an engulfing bar,
rejected by confluence of M15.35/50 + H1.62 + R1 + RN.

I uses M5 none decisive bar closes above M5.15

Exit with TP just before RN 1.5650.
initially the TP was at WP - I adjusted it as I see the strong bullish momentum...

Total 33.7pips
Attached Image (click to enlarge)
Click to Enlarge Name: 11022 TradeOptions MT4 Terminal - Demo Account - GBPUSD,M15_2012-06-26_13-27-21.png Size: 134 KB
  • #7,569
  • Jun 26, 2012 3:47am Jun 26, 2012 3:47am
Quoting kdao
Hi folks!

As a newbie with choros, can somebody help me with my chart setup, please?

Feel free to correct me if I'm wrong somewhere.

I've got a 22" monitor, and would like to focus on EURJPY pair looking for trades on the Tokyo/London overlap.

I've setup 5 charts:
- A (main) chart M15, with template Dance_m15
- A chart M5, with template Dance_m5_h1
- A chart H1, with template Dance_m5_h1
- A chart D1, with template Dance_d1
- A chart H4, with template Dance_m5_h1

Questions:
1) What is the proper template to load on the H4 chart?
2)...
Kdao

Your set seems OK.
grid space should show 50 pips (500 points - for 5/3 digit brokers)
with "Round Numbers Beige" use 250 points to set your grid for 50pips.

be aware not to trade before London Open...

wish you success
  • #7,570
  • Jun 26, 2012 6:56am Jun 26, 2012 6:56am
Quoting Haydel
Long time no post

I'll share my trades on the thread again for some time.

This is my currently open entry. It was an H1 10 ema touch in confluence with M15 35/50 and RN at 1.0000.

The entry point was exactly at H1 10 ema projection.

HTF agree with the trend.

SL 29pip, TP 41 pips

Risking 2%

Live account.

Something that is not usual in me is the time for this trade. I usually trade only on LONDON/NY Overlap.

We'll see how this trade develops.

Happy trading
This one went on my side for around 6 pips and then went against me directly to hit my SL. End up as a looser. Well, that happens .
  • #7,571
  • Jun 26, 2012 6:59am Jun 26, 2012 6:59am
eurusd trade Ny Session

15m 10em, 5m double top adn very near to the S1

SL 14,,

the hit SL,

nothing is 100% safe in the forex
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada eurusd 26.06.2012.gif Size: 325 KB
Click to Enlarge Name: salida eurusd 26.06.2012 sl hit.gif Size: 322 KB
  • #7,572
  • Jun 26, 2012 6:59am Jun 26, 2012 6:59am
So here we go again.

My currently open EU trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2012_06_026_013_041_Open.gif Size: 16 KB
  • #7,573
  • Jun 26, 2012 7:24am Jun 26, 2012 7:24am
Quoting Haydel
So here we go again.

My currently open EU trade.
TP Hit !!!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2012_06_026_Close.gif Size: 15 KB
  • #7,574
  • Jun 26, 2012 8:08am Jun 26, 2012 8:08am
estimated haydel had the same trade

eurusd trade

15m 35/50ma, 5m double top, very near to the round number, 1h 10ema

SL 14

TP1 hit in MS2 +18

TP2 exit because in the 15m appeared double bottom +10
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada2 eurusd 26.06.2012.gif Size: 323 KB
Click to Enlarge Name: entrada2 salida 1 eurusd 26.06.2012.gif Size: 304 KB
Click to Enlarge Name: entrada2 salida 2 eurusd 26.06.2012.gif Size: 304 KB
  • #7,575
  • Jun 26, 2012 8:49am Jun 26, 2012 8:49am
Quoting foxterbotell
estimated haydel had the same trade

eurusd trade

15m 35/50ma, 5m double top, very near to the round number, 1h 10ema

SL 14

TP1 hit in MS2 +18

TP2 exit because in the 15m appeared double bottom +10
Well done foxterbotell
  • #7,576
  • Jun 26, 2012 9:11am Jun 26, 2012 9:11am
Hey there I took the same trade too but I entered when the M5 candle cross and close on the other side of the 12/23 MA. Double top gave more conviction.

1st TP hit 13 pips the 2nd hit breakeven.
Riding the order flow
  • #7,577
  • Jun 27, 2012 7:30am Jun 27, 2012 7:30am
eurusd trade 15m 10ema, 5m 35/50ma, 1m pinbar and doji

SL 14

TP in S1 +18
Attached Image (click to enlarge)
Click to Enlarge Name: entrada eurusd 27.06.2012.gif Size: 320 KB
  • #7,578
  • Jun 27, 2012 11:50am Jun 27, 2012 11:50am
Cool guys! I havent traded for weeks now. But looking back at the charts i see excellent choros conditions.
Swedish steel!
  • #7,579
  • Jun 27, 2012 12:30pm Jun 27, 2012 12:30pm
I'm in constant meetings these days, starting to really miss trading.
Swedish steel!
  • #7,580
  • Jun 28, 2012 1:29am Jun 28, 2012 1:29am
Hi guys,

After 3-4 months I decided to contribute to this thread again. The reason that I stoped was due to some personal problems that I have overcome now.

I was really surprised when I saw that the thread is not busy at all. In addition I have seen that many of the old dancers have stoped posting and some of them believe that choros doesn't work.

Actually, I have destroed several accounts but the reason is me, not choros. Choros works just fine when I follow the rules. Greed is my worst enemy and after almost 2 years of using choros I can say that I have managed to control it. I have started with a new account now and I am doing fine.

I hope old and experienced dancers to return and contribute to the thread. I will try to post my trades as well so we can keep this thread alive.
You are allowed to fall but you are imposed to get up!
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