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CHOROS System

  • #10,081
  • Nov 30, 2013 6:09pm Nov 30, 2013 6:09pm
Quoting .Hawk.
hi midnightrun this is probably my last post in this thread. {quote}
Why?
  • #10,082
  • Dec 1, 2013 1:52pm Dec 1, 2013 1:52pm
Quoting MidnightRun
the Made a google search, have been able to find only hull-style ADX which shows arrows on charts, not the traditional-style hull ADX, like in the above charts. Has anyone had better luck? Thanks
Here's mine...
Attached File(s)
File Type: ex4 Hull_Style_ADX.ex4   5 KB | 352 downloads
Writer, currency trader, madman
  • #10,083
  • Dec 1, 2013 1:54pm Dec 1, 2013 1:54pm
hey guys, hope weekend was fine for you - just a quick one - does any of you trade choros on tablet? how does it look? I mean is it all clear, fast and visible?
On my way to financial independence - if others can do it - I can do it
  • #10,084
  • Dec 1, 2013 1:59pm Dec 1, 2013 1:59pm
Quoting MisterC
jbmaverick, can you please tell me the name of the indicator that paints the red and blue dots on your chart and the settings you are using for it? Also, can you please tell me what moving averages are you using? I've been searching for a long term strategy to pair with the Dance and yours looks pretty good
MisterC - That indicator is something called buy/sell 2.0, and it's freely available - just Google it and you'll find it someplace. It's not a bad little indicator itself, but it sometimes runs a bit late in catching turns - which is, in fact, what led me to look at the Hull ADX. Oh, also, fair warning - it repaints, so it's not really as smart as it looks.

Kostas - Simpler is indeed almost always better. Although I did get a kick out of looking at a strategy a friend sent me that he swears works wonderfully, but I told him I simply wasn't willing to try to keep up with 15 different lines plotted on my charts, PLUS three more box indicators below. I'd go blind.
Writer, currency trader, madman
  • #10,085
  • Dec 1, 2013 3:08pm Dec 1, 2013 3:08pm
Quoting jbmaverick
{quote} Although I did get a kick out of looking at a strategy a friend sent me that he swears works wonderfully, but I told him I simply wasn't willing to try to keep up with 15 different lines plotted on my charts, PLUS three more box indicators below. I'd go blind.
  • #10,086
  • Dec 1, 2013 3:10pm Dec 1, 2013 3:10pm
Quoting kostas1
{quote}

................................. No touch .. no trade !
Risiko birgt immer auch die Chance.
  • #10,087
  • Dec 2, 2013 3:03am Dec 2, 2013 3:03am
Quote
MisterC - That indicator is something called buy/sell 2.0, and it's freely available - just Google it and you'll find it someplace. It's not a bad little indicator itself, but it sometimes runs a bit late in catching turns - which is, in fact, what led me to look at the Hull ADX. Oh, also, fair warning - it repaints, so it's not really as smart as it looks.

[highlight=#f4f6f9][color=#000000][font=Verdana]Kostas...

Thanks
  • #10,088
  • Dec 2, 2013 3:17am Dec 2, 2013 3:17am
is anybody trading long on it?
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On my way to financial independence - if others can do it - I can do it
  • #10,089
  • Dec 2, 2013 3:31am Dec 2, 2013 3:31am
Quoting Eur Usd
is anybody trading long on it? {image}
went down and touched and bounced of 10 ema on 1h, so we'll see
edit: stopped me, so the call was wrong again. recently I fail all the time
on last 20 trades only 4 were winners, only discipline saves my account and makes the loses small

my s/l was just below 35/50
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On my way to financial independence - if others can do it - I can do it
  • #10,090
  • Dec 2, 2013 3:39am Dec 2, 2013 3:39am
I am looking EU now for a possible short (if it retraces to the M5 12 or 23, or M15 10)....
  • #10,091
  • Dec 2, 2013 3:56am Dec 2, 2013 3:56am
within 40 days and 60 trades I went down 11% - not bad for discipline as I haven't wreck my account, but except it my trading suxxx recently
On my way to financial independence - if others can do it - I can do it
  • #10,092
  • Dec 2, 2013 4:09am Dec 2, 2013 4:09am
Quoting Eur Usd
{quote} went down and touched and bounced of 10 ema on 1h, so we'll see edit: stopped me, so the call was wrong again. recently I fail all the time on last 20 trades only 4 were winners, only discipline saves my account and makes the loses small my s/l was just below 35/50 {image}
The method is not good for ranging market take look on H1 and zoom out, its flat last days!
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JacekPreserve Precious Capital
  • #10,093
  • Dec 2, 2013 4:15am Dec 2, 2013 4:15am
Quoting Jackub
{quote} The method is not good for ranging market take look on H1 and zoom out, its flat last days! {image}
Exactly, which is why the rules are that you trade when the 35/50 are rising or falling (which means TREND).....
  • #10,094
  • Dec 2, 2013 5:36am Dec 2, 2013 5:36am
Quoting kostas1
I am looking EU now for a possible short (if it retraces to the M5 12 or 23, or M15 10)....
Out with +15p from the M5 12 bounce. There could be further downside but we are hitting the H1 200 so there could be a strong reaction higher before that. So better safe than sorry....
  • #10,095
  • Dec 2, 2013 5:37am Dec 2, 2013 5:37am
you are right guys. some of you may remember that I was doing quite well in the past and could get 30-80% in a single month, but then the market was trending all the time - I think I need to pay more attention and follow the rules to the end - there is check list in one of dance manuals - I will just stick to check list and won't trade if the points don't match
On my way to financial independence - if others can do it - I can do it
  • #10,096
  • Dec 2, 2013 6:41am Dec 2, 2013 6:41am
Quoting kostas1
I am looking EU now for a possible short (if it retraces to the M5 12 or 23, or M15 10)....
With you on that one.
Writer, currency trader, madman
  • #10,097
  • Dec 2, 2013 6:45am Dec 2, 2013 6:45am
Quoting jbmaverick
{quote} With you on that one.
I was out almost an hour ago with +15p from the M5 12 bounce (see previous post). Now since we are ON the H1 200, I will wait for H1 10 and see if I can get something there. Just careful since sometimes a reaction from the 200 can be powerful and sudden.
  • #10,098
  • Dec 2, 2013 6:56am Dec 2, 2013 6:56am
I did enter before at the touch of 10 ema, but now I see the price constrains around 10 ema so I went into short position with it
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On my way to financial independence - if others can do it - I can do it
  • #10,099
  • Dec 2, 2013 6:59am Dec 2, 2013 6:59am
Quoting Eur Usd
I did enter before at the touch of 10 ema, but now I see the price constrains around 10 ema so I went into short position with it {image}
It could still be a good trade since it is the first M15 10 touch, but:
1) It is not traditional 2bar retrace
2) We are sitting on the H1 200 SMA
3) We crossed Daily 10 and H4 50

For all the above, I would be concerned to enter short (maybe for a scalp). Safer to wait for a retrace up to H1 10 and see what happens there. If this M15 10 bounce gives you 10-15p I would take it for now.
  • #10,100
  • Dec 2, 2013 7:07am Dec 2, 2013 7:07am
Quoting kostas1
{quote} It could still be a good trade since it is the first M15 10 touch, but: 1) It is not traditional 2bar retrace
this was my only concern - it took longer than 2 bars to retrace, but so far I am 10 pips on + on each trade
On my way to financial independence - if others can do it - I can do it
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