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CHOROS System

  • #8,681
  • Dec 24, 2012 1:53am Dec 24, 2012 1:53am
what simulator do you use and is it free?
On my way to financial independence - if others can do it - I can do it
  • #8,682
  • Dec 24, 2012 1:40pm Dec 24, 2012 1:40pm
Some nice trades on EURJPY. Didn't take any but here they are ! Constrainment trades. Red circles are constrainment trades but wouldnt take because (1) price action suggests it wont be constrained (shooting star in upward constrainment) (2) lower highs without an upward price action, indicating a range forming. Gray circles are ones that would've hopefully been taken.


Attached Image (click to enlarge)
Click to Enlarge Name: constrainment eurjpy.png Size: 190 KB
  • #8,683
  • Dec 24, 2012 1:55pm Dec 24, 2012 1:55pm
Does anyone else trade eurjpy? It seems constrainment trades on this beast gives tight stop losses and large runs (50+ pips). probably quite profitable.
  • #8,684
  • Dec 24, 2012 1:59pm Dec 24, 2012 1:59pm
Quoting Starry
Does anyone else trade eurjpy? It seems constrainment trades on this beast gives tight stop losses and large runs (50+ pips). probably quite profitable.
I was trading it, and it was really profitable recently, more profitable than EUR/USD
On my way to financial independence - if others can do it - I can do it
  • #8,685
  • Dec 24, 2012 2:01pm Dec 24, 2012 2:01pm
Quoting Eur Usd
I was trading it, and it was really profitable recently, more profitable than EUR/USD
Nice~!
  • #8,686
  • Dec 24, 2012 10:27pm Dec 24, 2012 10:27pm
Quoting Starry
Does anyone else trade eurjpy? It seems constrainment trades on this beast gives tight stop losses and large runs (50+ pips). probably quite profitable.
Yes I have snagged some in the M5
  • #8,687
  • Dec 25, 2012 2:44am Dec 25, 2012 2:44am
Quoting Acroix70
By the way over the holiday I will try and to experiment with Murreys math lines on the simulator and seeing how they work in addition to the CHOROS system. I currently use pivots but upon discovering the math points it has struck some interest. Happy holidays and good luck to all my fellow traders
what simulator do you use and is it free?
On my way to financial independence - if others can do it - I can do it
  • #8,688
  • Dec 25, 2012 3:20pm Dec 25, 2012 3:20pm
Does anyone else have trouble looking back at the charts and only seeing positive examples and filtering the bad trades based on future data Im sure this method is profitable but this is the barrier i need to surpass - i look at the charts and am like - would've traded that, wouldn't trade that, 100% success yeah!
  • #8,689
  • Dec 28, 2012 6:48pm Dec 28, 2012 6:48pm
Another good week, I ended up reaching my weekly goal in one trade that was pretty stress free.

So far I am in love with Murray Math lines
  • #8,690
  • Jan 1, 2013 9:55am Jan 1, 2013 9:55am
Whats your guys winning percentage on average?
  • #8,691
  • Jan 1, 2013 9:59am Jan 1, 2013 9:59am
Quoting Starry
Whats your guys winning percentage on average?
30-80% a month, depending how many days I can trade (I work full time)
On my way to financial independence - if others can do it - I can do it
  • #8,692
  • Jan 1, 2013 11:00am Jan 1, 2013 11:00am
Quoting Eur Usd
30-80% a month, depending how many days I can trade (I work full time)
Is that your return or your winning percentage? Very nice either way ! My first goal is to win for a week or so consistently! baby steps
  • #8,693
  • Jan 1, 2013 11:05am Jan 1, 2013 11:05am
it is profit per month. I win about 70% of trades
On my way to financial independence - if others can do it - I can do it
  • #8,694
  • Jan 1, 2013 11:33am Jan 1, 2013 11:33am
Quoting Eur Usd
it is profit per month. I win about 70% of trades
cool! very encouraging
  • #8,695
  • Jan 1, 2013 7:44pm Jan 1, 2013 7:44pm
Just took 20 pips on the USDJPY, I closed 2/3 of my position once I got a little over 1:1, moved my SL to BE and letting the rest run. I entered at the close of the pin bar. I had confluence of the M15 35 SMA as well as the H1 10 EMA. Some of yall might not have taken this trade, due to it being just under the daily pivot, but for me the pin bar was my confirmation that it wanted to move, so I disregarded the daily pivot. Would you say this trade was within the rules?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdjpyh1.gif Size: 23 KB
Damn The Torpedoes, Full Speed Ahead!
  • #8,696
  • Jan 4, 2013 2:24am Jan 4, 2013 2:24am
hi, new friend to choros here. i've traded the simulator for some time now; having just moved onto a live mini account for a couple of days it feels like a whole new game play when it comes to watching 3 TFs ticking away at the same time. i have a problem with executing touch trades (or rather, watching it run-away a bit too frequently), this may sound silly but say for a short trade, do u consider it a touch when the MA gets touched by the ask price, the bid price, or somewhere in between?
  • #8,697
  • Jan 4, 2013 2:33am Jan 4, 2013 2:33am
Quoting uilymmik
hi, new friend to choros here. i've traded the simulator for some time now; having just moved onto a live mini account for a couple of days it feels like a whole new game play when it comes to watching 3 TFs ticking away at the same time. i have a problem with executing touch trades (or rather, watching it run-away a bit too frequently), this may sound silly but say for a short trade, do u consider it a touch when the MA gets touched by the ask price, the bid price, or somewhere in between?
Bid price, always.
  • #8,698
  • Jan 4, 2013 2:44am Jan 4, 2013 2:44am
Quoting kk007
Bid price, always.
bid for short always or bid for both long & short always?
  • #8,699
  • Jan 4, 2013 2:48am Jan 4, 2013 2:48am
Quoting uilymmik
bid for short always or bid for both long & short always?
long & short always
  • #8,700
  • Jan 4, 2013 2:51am Jan 4, 2013 2:51am
Quoting kk007
long & short always
thanks mate.
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