CHOROS System | Page 445 | 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

  • #8,881
  • Feb 11, 2013 7:00am Feb 11, 2013 7:00am
NO
I stick to EUR/JPY today
On my way to financial independence - if others can do it - I can do it
  • #8,882
  • Feb 12, 2013 1:44am Feb 12, 2013 1:44am
Typical breakdown and retest. Price usually drops like a stone after those.
and it did.
SL was 8 pip covered my risk at +10.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_001.jpg Size: 153 KB
  • #8,883
  • Feb 12, 2013 1:47am Feb 12, 2013 1:47am
bscholes, can you please explain it a bit more?
On my way to financial independence - if others can do it - I can do it
  • #8,884
  • Feb 12, 2013 1:47am Feb 12, 2013 1:47am
Quoting bscholes
Typical breakdown and retest. Price usually drops like a stone after those.
and it did.
SL was 8 pip covered my risk at +10.


In exactly the same trade. Nice one mate
What is any ocean but a multitude of drops?
  • #8,885
  • Feb 12, 2013 7:32pm Feb 12, 2013 7:32pm
Quoting Eur Usd
bscholes, can you please explain it a bit more?
I entered on M1 where it made a double top with
the second top lower than the first.

There even were two of those similar setups in the same day.
I get quite a bunch of good entries now.
Still struggling a bit with exits.
I closed the second part at +10 too,
while it could have been +34.
Attached Image (click to enlarge)
Click to Enlarge Name: BreakdownRetest.png Size: 93 KB
  • #8,886
  • Feb 13, 2013 7:51am Feb 13, 2013 7:51am
Quoting bscholes
I entered on M1 where it made a double top with
the second top lower than the first.

There even were two of those similar setups in the same day.
I get quite a bunch of good entries now.
Still struggling a bit with exits.
I closed the second part at +10 too,
while it could have been +34.
cheers for explaining
I find it quite difficult to trade these days, as candles dance around EMAs/SMAs and I am not so good yet with candle actions. I focus mostly on touch of EMA/SMA, and double bottoms/tops, pins and doji are just confirmations of the touch
On my way to financial independence - if others can do it - I can do it
  • #8,887
  • Feb 13, 2013 9:45am Feb 13, 2013 9:45am
Hi all i took this trade close for 40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd dance 13 02 2013.gif Size: 26 KB
  • #8,888
  • Feb 19, 2013 2:58am Feb 19, 2013 2:58am
Hi All

are you able to trade in these conditions? market is almost flat, there are rather unpredictable moves 10-20 pips one way or another and that's it
On my way to financial independence - if others can do it - I can do it
  • #8,889
  • Feb 19, 2013 10:59am Feb 19, 2013 10:59am
Here is my only trade since yesterday. I entered yesterday and had the patience (for first time) to wait until now. I finally closed manualy at 1.33917 while I was posting here.

Attached Image (click to enlarge)
Click to Enlarge Name: χωρίς τίτλο.JPG Size: 137 KB
You are allowed to fall but you are imposed to get up!
  • #8,890
  • Feb 20, 2013 2:29am Feb 20, 2013 2:29am
Μπράβο iero.

Όμως έσβησες το λοτ αλλά άφησες το κέρδος.



Translation

Well done my Greek brother
  • #8,891
  • Feb 20, 2013 2:39am Feb 20, 2013 2:39am
bscholes do you mind posting your template
  • #8,892
  • Edited 3:06am Feb 20, 2013 2:42am | Edited 3:06am
Quoting FrankBlack
Μπράβο iero.
Όμως έσβησες το λοτ αλλά άφησες το κέρδος.
Καλά έκανε ο iero. Είναι σε pips αυτό που βλέπεις...
[BUY] 1,33897 - 1,33500 = 397 (δλδ. 39,7 pips) ...
..., but what WE make.
  • #8,893
  • Feb 20, 2013 3:38am Feb 20, 2013 3:38am
Quoting kdao
Καλά έκανε ο iero. Είναι σε pips αυτό που βλέπεις...
[BUY] 1,33897 - 1,33500 = 397 (δλδ. 39,7 pips) ...
You are allowed to fall but you are imposed to get up!
  • #8,894
  • Feb 20, 2013 1:48pm Feb 20, 2013 1:48pm
Hi guys
I understand that this thread was started by Greek, and that you feel very patriotic and proud (you have right for it, Greece has interesting, nice and long history and I hope to visit your country some day), but can you please stick to English so everybody can understand what you're on about?
thanks ;-)
On my way to financial independence - if others can do it - I can do it
  • #8,895
  • Feb 20, 2013 2:28pm Feb 20, 2013 2:28pm
Quoting Eur Usd
Hi guys
but can you please stick to English so everybody can understand what you're on about?
thanks ;-)
To the Greek gang: nice to see you all together here, but better stick to English so the rest can follow.
  • #8,896
  • Feb 20, 2013 2:29pm Feb 20, 2013 2:29pm
cheers Kostas
out of curiosity: how are your trades going in this weird market? are you still able to do 3% a day? or does the risk and reward change on bigger amounts of money?
On my way to financial independence - if others can do it - I can do it
  • #8,897
  • Feb 20, 2013 5:45pm Feb 20, 2013 5:45pm
[quote=iero4;6457692]Here is my only trade since yesterday. I entered yesterday and had the patience (for first time) to wait until now. I finally closed manualy at 1.33917 while I was posting here.

nice HTF trade iero. I also thought it but had no patient...
  • #8,898
  • Feb 20, 2013 7:21pm Feb 20, 2013 7:21pm
Quoting Acroix70
bscholes do you mind posting your template
Templates are attached, indicators and stuff are
here:

DanceTools

Example screenshot of my setup is attached too, for reference

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_002.png Size: 229 KB
Attached File(s)
File Type: zip dance-templates.zip   40 KB | 805 downloads
  • #8,899
  • Feb 21, 2013 12:38am Feb 21, 2013 12:38am
Quoting Eur Usd
cheers Kostas
out of curiosity: how are your trades going in this weird market? are you still able to do 3% a day? or does the risk and reward change on bigger amounts of money?
If you read throught the thread, you will see the evolution of that 3%. For months now, I am at 1% (sometimes gets close to 2% when I capture around 30 pips).
  • #8,900
  • Feb 21, 2013 3:02am Feb 21, 2013 3:02am
Hi all,

This trade was based in H1 10 touch in confluence with M15 35 touch and weekly S1. Closed manualy at + 55 pips although I could have gained much more...Anyway I took my piece of pie and I hope you guys too!

Attached Image (click to enlarge)
Click to Enlarge Name: choros.JPG Size: 145 KB
You are allowed to fall but you are imposed to get up!
10 traders viewing now