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CHOROS System

  • #10,281
  • Feb 13, 2014 12:31am Feb 13, 2014 12:31am
Quoting Cujo2
{quote} Yeah I know what you mean. I think trading attracts (and more importantly keeps, because of their nature) people who are fighters in that they deal with failure by being more determined to succeed, thus getting into that vicious cycle of trading until something breaks - the bank account, their sanity or they succeed in it. The irony is though, that the fighter mentality actually hinders the result because it can drive that mentality to revenge trade or to fight back at the market and make the situation worse. One of the biggest skills I've...
Very well said. I also had to learn this the hard way.....
The other little evil is greed: why 15p and not 25p, why 25p and not 40p, and then suddenly -20p.....
  • #10,282
  • Edited 4:54am Feb 13, 2014 4:42am | Edited 4:54am
First trade today :
EJ classic first touch 10 Ema .. two bar rule ( but no steep angle )
Entered with the free ea ( retrace bot by Arha ) , posted in this thread..
Makes me more lazy , but morks fine to donot miss the " touch " exactly .
And removes itself ..
I just triggered the SL , changed the lotsize to testing it live the last weeks and monitored its work ..
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpycm15.png 13.2.png Size: 28 KB
Risiko birgt immer auch die Chance.
  • #10,283
  • Feb 13, 2014 4:47am Feb 13, 2014 4:47am
Quoting kostas1
{quote} Very well said. I also had to learn this the hard way..... The other little evil is greed: why 15p and not 25p, why 25p and not 40p, and then suddenly -20p.....
Ooooh yes ... my little friend the greed ..
I know him too good ..
But with smaller TP´s , normallyI´m green pips producing , If I stick strictly to the rules..
I have very rare a sucessful TP above 15 pips .. but below very often in M15.
Risiko birgt immer auch die Chance.
  • #10,284
  • Feb 13, 2014 5:50am Feb 13, 2014 5:50am
Quoting Sesamstrasse
{quote} Ooooh yes ... my little friend the greed .. I know him too good .. But with smaller TP´s , normallyI´m green pips producing , If I stick strictly to the rules.. I have very rare a sucessful TP above 15 pips .. but below very often in M15.
Good. You realize I didn't just invent the 15p target, I just found by experience that I can usually achieve that.
  • #10,285
  • Feb 13, 2014 6:00am Feb 13, 2014 6:00am
Quoting kostas1
{quote} Good. You realize I didn't just invent the 15p target, I just found by experience that I can usually achieve that.
Nono , its only my expirience.
The target depends on that pair ..
But the first touches gives always minimum 10 -15 pips `.
And If I take these pips as a TP .. I´m very often green .. ..
Risiko birgt immer auch die Chance.
  • #10,286
  • Feb 17, 2014 3:40am Feb 17, 2014 3:40am
New week , same results .. ..
Constrainment in cable M15.
I rode it for 18 pips ..., America is closed and I donot expect any kind of priceaction today.
Done for today
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdcm15.png 17.2..png Size: 25 KB
Risiko birgt immer auch die Chance.
  • #10,287
  • Feb 18, 2014 1:46am Feb 18, 2014 1:46am
Guys do you have a skype room for people trading Chorus?
Thanks
Jimmy
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #10,288
  • Edited 2:57am Feb 18, 2014 2:33am | Edited 2:57am
Quoting jimmynoodles
Guys do you have a skype room for people trading Chorus? Thanks Jimmy

Not that I know .
http://www.chatzy.com/31231809696996
Is a chatroom , where dancers are from time to time ..


All your Choros questions you can post here in this thread and get quickly a answer..
Risiko birgt immer auch die Chance.
  • #10,289
  • Feb 18, 2014 3:38am Feb 18, 2014 3:38am
Quoting Sesamstrasse
{quote} Not that I know . http://www.chatzy.com/31231809696996 Is a chatroom , where dancers are from time to time .. All your Choros questions you can post here in this thread and get quickly a answer..
Great thanks for the reply.
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #10,290
  • Edited 8:42am Feb 18, 2014 8:31am | Edited 8:42am
Dear dancers!
Today I want to show you why Choros/ dance is the right style to trade.
Here´s my EJ chart.. M15 --
I started last night with a 1/3 lotsize deadend long order .. still running around 135 pips in profit ..
continued with a first touch of the 35 sma ( confluence with the DR2 ) .. 18 pips full size
--- and ended with a second touch ( not really recommended) of the 35 sma 16 pips full size ..
Looks like EJ is my bread and buttercatcher this month .
But 'January was expensive .. I´m really happy to have the sunshine back on my trades ..

.... so everybody who trades a different style ..
ICAN RECOMMEND THIS !!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpycm15.png 190 pips.png Size: 30 KB
Risiko birgt immer auch die Chance.
  • #10,291
  • Feb 18, 2014 8:41am Feb 18, 2014 8:41am
Quoting Sesamstrasse
ICAN RECOMMEND THIS !!
Great, I will trade CHOROS then.....
  • #10,292
  • Feb 18, 2014 9:33am Feb 18, 2014 9:33am
Quoting sesamstrasse
new week , same results .. .. Constrainment in cable m15. I rode it for 18 pips ..., america is closed and i donot expect any kind of priceaction today. Done for today {image}

spread 0.4??????? Geez who s your broker? I want some of that deffinately
  • #10,293
  • Feb 18, 2014 11:32am Feb 18, 2014 11:32am
Quoting kostas1
{quote} Great, I will trade CHOROS then.....
The 10EMA is looks pretty scooped to me and there are quite a few bars to get there.
  • #10,294
  • Feb 19, 2014 2:07am Feb 19, 2014 2:07am
Quoting Sesamstrasse
Dear dancers! ICAN RECOMMEND THIS !! {image}
Definitely the main system I'm using.
Damn The Torpedoes, Full Speed Ahead!
  • #10,295
  • Feb 19, 2014 4:52am Feb 19, 2014 4:52am
As stupid as it sounds I closed this trade by mistake...I guess my mouse is conspiring against me )

Still...here it is...10 EMA trade. Another good trade would have been at the 35/50 but price didn't quite got there...

Attached Image (click to enlarge)
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  • #10,296
  • Feb 19, 2014 11:28am Feb 19, 2014 11:28am
I have a question

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 46 KB


In the posted pic I marked two points with the arrows. My question is about trading at said points.

In the first situation the 35.50 EMA started to go apart from each other but price bounced off the 35 and kept rising. In the second situation EMAs also started to go apart but price shoot right through, even if the 50 ema still had a fair angle. In both cases price returned sharply to the EMAs and in both cases there was a pivot SR there.

My question is...do you guys have a good reason not to trade the second scenario? And if so...what is it? ; besides the fact that price was bouncing off the 140.00 level. I've encountered scenarios like this in the past...so...any tip on better filtering these trade setups would be useful.

Thanks
  • #10,297
  • Feb 19, 2014 11:39am Feb 19, 2014 11:39am
Quoting MisterC
I have a question {image} In the posted pic I marked two points with the arrows. My question is about trading at said points. In the first situation the 35.50 EMA started to go apart from each other but price bounced off the 35 and kept rising. In the second situation EMAs also started to go apart but price shoot right through, even if the 50 ema still had a fair angle. In both cases price returned sharply to the EMAs and in both cases there was a pivot SR there. My question is...do you guys have a good reason not to trade the second scenario? And...
Yes !
In this case I always change to a higher timeframe .
If I can imagine price will break the lines in my m15 ( main chart ) chart , I do not enter.
I miss many trades ( around 50 % ) this way but being picky brings money.

I also viewed this " possible entry " but didn´t take it .
Another reason was the " pingpong " between 10 Ema and 35 Sma
Risiko birgt immer auch die Chance.
  • #10,298
  • Feb 19, 2014 11:48am Feb 19, 2014 11:48am
Quote
Yes !
In this case I always change to a higher timeframe .
If I can imagine price will break the lines in my m15 ( main chart ) chart , I do not enter.
I miss many trades ( around 50 % ) this way but being picky brings money.

I also viewed this " possible entry " but didn´t take it .
Another reason was the " pingpong " between 10 Ema and 35 Sma

Thanks for replying.
  • #10,299
  • Edited 5:00am Feb 20, 2014 4:34am | Edited 5:00am
Quoting MisterC
I have a question {image} In the posted pic I marked two points with the arrows. My question is about trading at said points. In the first situation the 35.50 EMA started to go apart from each other but price bounced off the 35 and kept rising. In the second situation EMAs also started to go apart but price shoot right through, even if the 50 ema still had a fair angle. In both cases price returned sharply to the EMAs and in both cases there was a pivot SR there. My question is...do you guys have a good reason not to trade the second scenario? And...
Good morning dancers ! Here´s a good example how to trade this .

I entered at the 10 ema short and got stopped after 9 pips .
The 10 Ema and the 35 Sma + 50 Ema had a large stread!
I entered again 1 candle later , when the price opened above the ema 10 .
I expect the price run sin direction of the 35 and the 50 to touch them .
I kicked it out with + 14 pips .... a ping pong trade .. good for newbies like me with a little bit experience
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpycm15.png 20.2.222.png Size: 24 KB
Risiko birgt immer auch die Chance.
  • #10,300
  • Feb 21, 2014 8:42am Feb 21, 2014 8:42am
I am currently wading through the massive amount of information in the Dance thread and this thread. I am sure I could eventually put together the templates and the EMAs recomended except for the one indicator which was noted as a necessity (I think it has to do with round numbers?). My problem is that none of these indicators show up when I put them in the indicators folder of my Metatrader platform. I know that others have had this problem with the new "build" of Metatrader recently issued by some but not all brokers. I have been aware that metaeditor may solve the problem but I have never been able to use it especially when it finds errors. Can somebody help by attaching updated indicators or suggesting a workaround for this problem? Maybe I am not putting them in the right place but I doubt that because I have been doing it effectively for years. I am working with Version 400 build 610.
I should never have switched from scotch to martinis
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