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CHOROS System

  • #7,621
  • Jul 3, 2012 8:29am Jul 3, 2012 8:29am
Quoting foxterbotell
Hi kostas, I was following up on that fork, but not between I have not much experience in such confluences,

I'm still learning a lot of price movements in this strategy ..!
I am sure you had this in your radar. Just keep in your mind that higher TFs give stronger signals. So in this case Daily, H4, and MP was a sure bet for 30-40p.
  • #7,622
  • Jul 3, 2012 8:40am Jul 3, 2012 8:40am
I couldn't find anything to trade today but I am seeing valid setups in the AUDJPY pair. I will be watching the JPY pairs. Currently the JPY pairs are in a HTF up trend so choros signals there should be easier on the account. Unfortunately I haven't have as much screentime with JPY pairs. Well have to start somewhere.

iero! 18% in 2 days? Congratulations, I hope you can keep it up

I would love to make that much but I need more screen time to learn more setups.
Riding the order flow
  • #7,623
  • Jul 3, 2012 6:00pm Jul 3, 2012 6:00pm
Quoting iero4
Today and yesterday were good choros days (clear signals). I grew my account by 18% in only 2 days!
Wow That's like Kostas when he started with this strategy making 3% to 9% a day.
  • #7,624
  • Edited 11:48pm Jul 3, 2012 11:17pm | Edited 11:48pm
EURUSD

Is showing a ranging market in H4 and D1 using NNbobs market read method. The market is near a 2 weeks high so I will be bearish on this pair and will be looking for shorts if it can break through the weekly pivot and will stop shorting when it reach weekly S1

AUDUSD

Is in a clear up trend, it broke a high 2 weeks ago so I expect it to continue. I am bullish for the week. Will look for buys before it touch weekly R1.

GBPUSD

Like EURUSD, it is currently ranging and it is at the high side of the range, I will be comfortable shorting it before it reach weekly pivot.

NZDJPY/AUDJPY

From the reads with NNbob method(H4 and D1) it is clearly in a bullish trend, and having broke previous highs 2 weeks ago I will be buying before it reaches weekly R1.
Riding the order flow
  • #7,625
  • Jul 4, 2012 1:51am Jul 4, 2012 1:51am
I hope you guys took the GBP/USD H4 35/50 touch in confluence with D1 10. Although it was good for 20 pips I took only 7.2. Thats fine foe today since we have bank holiday in US.
You are allowed to fall but you are imposed to get up!
  • #7,626
  • Jul 4, 2012 2:23am Jul 4, 2012 2:23am
Quoting iero4
I hope you guys took the GBP/USD H4 35/50 touch in confluence with D1 10. Although it was good for 20 pips I took only 7.2. Thats fine foe today since we have bank holiday in US.
Nope but I bought AUDJPY at DP and H4 10. Traded with the trend.
Riding the order flow
  • #7,627
  • Jul 4, 2012 2:46am Jul 4, 2012 2:46am
Quoting deathbait
Hi,

I've read clay's original dance manual, but can't access the link that holds the updated one listed on this thread's first post.

Can anyone send it to me?
++++++++++++++++++++++++++++++++
This is the one you are asking for I believe. Update 10/10
Darryl
Attached File(s)
File Type: doc The M15 Dance Manual2.doc   3.8 MB | 826 downloads
  • #7,628
  • Jul 4, 2012 3:01am Jul 4, 2012 3:01am
Quoting Binyamin
Nope but I bought AUDJPY at DP and H4 10. Traded with the trend.
Nice Bin. I try to focus only in 2 pairs (eur/usd and gbp/usd). I look to other pairs only to find constrainments. By the way, very slow market...boring!!!!
You are allowed to fall but you are imposed to get up!
  • #7,629
  • Jul 4, 2012 3:23am Jul 4, 2012 3:23am
Quoting iero4
Nice Bin. I try to focus only in 2 pairs (eur/usd and gbp/usd). I look to other pairs only to find constrainments. By the way, very slow market...boring!!!!
Hi iero4,

Nice to see you being active here again. Although I am not trading at the moment, and will be likely to trade naked when starting again, I am happy to see someone trading successfully with a method that I can at least understand. I pay attention to your and Haydel's setups. kostas1's setups are too difficult for me to understand.

cheers,
kk007
  • #7,630
  • Jul 4, 2012 3:39am Jul 4, 2012 3:39am
eurusd trade

15m 10ema, 5m 35/50, MS1, Weekly Pivot, 1m price acction

SL 13

TP1 Daily S1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada eurusd 04.07.2012.gif Size: 325 KB
Click to Enlarge Name: entrada salida1 eurusd 04.07.2012.gif Size: 303 KB
  • #7,631
  • Jul 4, 2012 4:36am Jul 4, 2012 4:36am
Quoting foxterbotell
eurusd trade

15m 10ema, 5m 35/50, MS1, Weekly Pivot, 1m price acction

SL 13

TP1 Daily S1
Nice trade, I took that one too for 7.5 pips. TP was at the low of previous bars. I didn't get in with M5 my trigger was the 3rd pin at the 15M 10. I use half my position size for this one. My total pips today is 22.5 pips, 1.1% today.

I think choros signals are becoming more frequent again. I will be actively trading like last year. I hope the next half of the year won't be like the 1st half.

EU seems to have cleared the weekly pivot so I will be looking for more shorts tomorrow.
Riding the order flow
  • #7,632
  • Jul 4, 2012 4:46am Jul 4, 2012 4:46am
Quoting Binyamin
Nice trade, I took that one too for 7.5 pips. TP was at the low of previous bars. I didn't get in with M5 my trigger was the 3rd pin at the 15M 10. I use half my position size for this one. My total pips today is 22.5 pips, 1.1% today.

I think choros signals are becoming more frequent again. I will be actively trading like last year. I hope the next half of the year won't be like the 1st half.

EU seems to have cleared the weekly pivot so I will be looking for more shorts tomorrow.
Hi Benjamin, that's good to have the same trade, I have open right now in D1 EURUSD 35/10mas, closing the operation public images
  • #7,633
  • Jul 4, 2012 6:37am Jul 4, 2012 6:37am
eurusd trade 4h 50ema, D1 10/35, monthly pivot, MS2

nothing is 100% safe

hit SL 15
Attached Image(s) (click to enlarge)
Click to Enlarge Name: entrada2 eurusd 04.07.2012.gif Size: 92 KB
Click to Enlarge Name: entrada2 salida eurusd2 04.07.2012 hit sl.gif Size: 302 KB
  • #7,634
  • Jul 4, 2012 6:41am Jul 4, 2012 6:41am
Quoting Binyamin
EURUSD

Is showing a ranging market in H4 and D1 using NNbobs market read method. The market is near a 2 weeks high so I will be bearish on this pair and will be looking for shorts if it can break through the weekly pivot and will stop shorting when it reach weekly S1

AUDUSD

Is in a clear up trend, it broke a high 2 weeks ago so I expect it to continue. I am bullish for the week. Will look for buys before it touch weekly R1.

GBPUSD

Like EURUSD, it is currently ranging and it is at the high...
can you tell me where i can learn this NNbob method? i google it and cant find it.. thx before.. veh thx..ry muc
  • #7,635
  • Jul 4, 2012 7:31am Jul 4, 2012 7:31am
Question for kostas1, why you stopped using fixed chart scaling ? Just wondering.
  • #7,636
  • Jul 4, 2012 8:55am Jul 4, 2012 8:55am
hi guys, i have to say this (Dance )= choros system is very very profitable most expecially during the quiet time with patience.Thanks .
  • #7,637
  • Jul 4, 2012 10:13am Jul 4, 2012 10:13am
Quoting 2121
Question for kostas1, why you stopped using fixed chart scaling ? Just wondering.
Never.
My H1, M15, M5 and M1 are fixed by 200, 150, 100 and 50 pips respectively. I do have the H4 non-fixed to see the bigger picture.
  • #7,638
  • Jul 4, 2012 10:18am Jul 4, 2012 10:18am
Quoting Tiwa
hi guys, i have to say this (Dance )= choros system is very very profitable most expecially during the quiet time with patience.Thanks .
When is this quiet time?
I agree with the patience thing.
  • #7,639
  • Jul 4, 2012 11:14am Jul 4, 2012 11:14am
Quoting kostas1
When is this quiet time?
I agree with the patience thing.
like this week
  • #7,640
  • Jul 5, 2012 1:45am Jul 5, 2012 1:45am
GU is in a Down trend as per my market reads from yesterday. Took 8 pips here at the 1st touch of the 15M 10.

+0.67%

I hesitated to enter GU at DP H4 10 even though we are in a down trend. Perhaps it is a personal problem due to being burn by GU with this setup way too many times.

I will be waiting for short trades in EU.

Going off to play badminton, will be back during NY to hopefully hit my daily target.
Attached Image (click to enlarge)
Click to Enlarge Name: 7148875 Interbank FX Trader 4 - Demo Account - [GBPUSD,M5]_2012-07-05_16-40-20.jpg Size: 131 KB
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