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CHOROS System

  • #11,981
  • Aug 28, 2015 2:06am Aug 28, 2015 2:06am
Quoting Sesamstrasse
{quote} Hey Given , read the original thread as first , its only 130 pages or so .. there you ll find all the manual , how to do and so on in the paperclip right corner . http://www.forexfactory.com/showthread.php?t=224697 Take your time , no rush .. its worth it ! Guido
thank you so much
  • #11,982
  • Sep 1, 2015 7:01am Sep 1, 2015 7:01am
Hello dancers! and
have everyone a good month!

Today I took a clear 5m/12 .
1st portion +17
2nd took my sloss=b.e....

many pips to all!
Attached Image (click to enlarge)
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  • #11,983
  • Edited 4:01am Sep 2, 2015 2:31am | Edited 4:01am
@Makonen ....coooool trade

today I saw some priceaction in GJ , a really harsh pair .. have is since some weeks on my screen .. not sure to keep it there

here we go :
Gj M5 , higher timeframes H1 + h4 confirmed short
First entry a 10 ema touch positive #
second a loser on a constrainment
3+4 a 10 ema .. touch , what made green again .

.. but a harsh job.. the price overshoot the lines , thats not what I like in trading
I think I ll give GJ a try with only half positions .. what do you think ??

Green pips to all
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYcM5.png 2.9. dancing.png Size: 35 KB
Risiko birgt immer auch die Chance.
  • #11,984
  • Sep 4, 2015 7:03am Sep 4, 2015 7:03am
A beautyful trade .

Entered this morning EU at the 10 ema h4 .. executed 5 minutes after news release

Have a nice weekend
Guido
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDcH4.png the beauty.png Size: 33 KB
Risiko birgt immer auch die Chance.
  • #11,985
  • Sep 4, 2015 7:37am Sep 4, 2015 7:37am
Quoting Sesamstrasse
@Makonen ....coooool trade today I saw some priceaction in GJ , a really harsh pair .. have is since some weeks on my screen .. not sure to keep it there here we go : Gj M5 , higher timeframes H1 + h4 confirmed short First entry a 10 ema touch positive # second a loser on a constrainment 3+4 a 10 ema .. touch , what made green again . .. but a harsh job.. the price overshoot the lines , thats not what I like in trading I think I ll give GJ a try with only half positions .. what do you think ?? Green pips to all Guido {image}...
sorry for late answer Sesam, I was out of trading...
gj is a very nasty pair, I don't know it....
I agree with this: "the price overshoot the lines , thats not what I like in trading "
Also very nice eu :
1.1150 was great for short :dp,h4/10, h1/35 ,round n, all htf show south
little risky because the news but big reward!
  • #11,986
  • Sep 7, 2015 2:53am Sep 7, 2015 2:53am
Quoting makonen
{quote} sorry for late answer Sesam, I was out of trading... gj is a very nasty pair, I don't know it.... I agree with this: "the price overshoot the lines , thats not what I like in trading " Also very nice eu : 1.1150 was great for short :dp,h4/10, h1/35 ,round n, all htf show south little risky because the news but big reward!

All fine , as long as it works :-)

Normally Im out of higher tfs , but here is a possible Ping Pong between 35/50 in weekly EU .
sl about 100 and tp about 300-350 pips .. Im in .
Daily chart the price touched the 35 sma and opened above it again what is in this case a kind of indication for me to look for a long.

Another " sign was the NFPs last friday , when the price wasnt falling again below 1.1090.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDcWeekly.png 7.9..png Size: 28 KB
Risiko birgt immer auch die Chance.
  • #11,987
  • Sep 7, 2015 7:04am Sep 7, 2015 7:04am
Hello Choros Trading Groud,

iīm new in this grounp and i want to learn this great strategie.
The screenshot is was a good entry but i havenīt take the trade,
because i wasnīt sure. The price broke the 140 line and the 2 candles at the bottom.

( Sorry for my english. )
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 145 KB
  • #11,988
  • Edited 8:05am Sep 7, 2015 7:37am | Edited 8:05am
Quoting n8bizz
Hello Choros Trading Groud, im new in this grounp and i want to learn this great strategie. The screenshot is was a good entry but i havent take the trade, because i wasnt sure. The price broke the 140 line and the 2 candles at the bottom. ( Sorry for my english. ) {image}
Hello n8bizz and welcome to this thread .

You started well , because you didnt enter without a clean and clear entry .. the best you can do !
And your m15 chart , the 35+50 are flat .= no entry

But for the beginning Id only use the 10 Ema , 35Sma , 50 Ema in every chart .

The reason is simple :
One of the things what shows us a Moving average is the steepness of the angle in the timeframe where we want enter .
steep means strong trend .
It shows us if the trend is still there or is it too sloppy for entries .
Next thing is:
Mas from higher timeframes can be very strong , we don t trade against them .
Make sure , the trend is strong , priceaction looks nice, timing ( beware of the news or closed markets ) ,enough space to the next round number
...... higher timeframe confirms .. then enter.
some like the pivot level , some not ..

Last but now least :
Your H1 chart shows a " MA -soup " what is when 10 Ema is between 35Sma and 50 Ema .. we don t enter then .
Good luck and green pips
EDIT : by the way .. EU can be very strange IMO , look at GU , this pair reacts wonderful and is better to trade .
Best example is today the M15 chart ..

Guido
Risiko birgt immer auch die Chance.
  • #11,989
  • Edited 8:21am Sep 7, 2015 8:05am | Edited 8:21am
OK Thx for the feedback.

MA soup - no trade
MA no steppness - no trade
Look highter TFs - not against them.

Ok ill give my best.

Im watching EUR/USD and Eurostox.
Any other hints ?

( I deletet all MAīs expect 10, 35 , 50 )

When i load the template there are only moving averages.
But the 10 and 50 line must be an EMA.
( Exponential moving average )
  • #11,990
  • Sep 8, 2015 7:46am Sep 8, 2015 7:46am
Hello there,
h1/10 & m15/35-50
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  • #11,991
  • Sep 8, 2015 8:44am Sep 8, 2015 8:44am
Quoting makonen
Hello there, h1/10 & m15/35-50 {image}
Great minds meet ....
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  • #11,992
  • Sep 8, 2015 11:56am Sep 8, 2015 11:56am
Hello @ all,

@kostas1 - where can i find the ma witch has 3 colors ?
green vor uptrend , red for downtrend and yellow for flat ?
  • #11,993
  • Sep 8, 2015 12:23pm Sep 8, 2015 12:23pm
Quoting n8bizz
Hello @ all, @kostas1 - where can i find the ma witch has 3 colors ? green vor uptrend , red for downtrend and yellow for flat ?
Attached File(s)
File Type: mq4 MA_In_Color.mq4   4 KB | 534 downloads
  • #11,994
  • Edited 1:41am Sep 9, 2015 1:30am | Edited 1:41am
Hello again, I am not new to this thread, but this is my come back after a longer break.

I'd like to know if anyone took the trade from the attachment. This was yesterday, 08.09 on GBPUSD 15m. This turned out to be a great trade and the choros MA rules were in place (35/50 together, started only slightly diverging but only on the next candle) for a nice PA pin upmove. The thing I had doubts about (in this and many other trades) - would you still take it despite the RN and PP above? Or is it an individual thing (rule?) that you should just consequently stick to, i.e. either one will always execute despite, or pass on this kind of trades?

Also I would like to ask if anyone also thought that last week (31.08-04.09) on M15 GU and EU gave more than average subsequent losers based on choros, or was it just me?

Thanks for all eventual replies in advance. :-)
Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 433 KB
  • #11,995
  • Sep 9, 2015 1:45am Sep 9, 2015 1:45am
Quoting Jkdt
Hello again, I am not new to this thread, but this is my come back after a longer break. I'd like to know if anyone took the trade from the attachment. This was yesterday, 08.09 on GBPUSD 15m. This turned out to be a great trade and the choros MA rules were in place (35/50 together, started only slightly diverging but only on the next candle) for a nice PA pin upmove. The thing I had doubts about (in this and many other trades) - would you still take it despite the RN and PP above? Or is it an individual thing (rule?) that you should just consequently...
Hey JKDT,
round number ??
The 15350 was about 5 pips away.. why not wait until break it ??

In fact it was a wonderful entry.. easy to say when the market did what it should do .
the best way to get confidence in your trading is the simulator .
I can recomment it strongly .. 20-30 minutes a day and after a several weeks or months you are definately
on a much higher level.

donīt forget .. nothing is 100% .. but this is the edge , what can make more green than red pips.
Good success
Guido
Risiko birgt immer auch die Chance.
  • #11,996
  • Sep 9, 2015 1:52am Sep 9, 2015 1:52am
Quoting Jkdt
Hello again, I am not new to this thread, but this is my come back after a longer break. I'd like to know if anyone took the trade from the attachment. This was yesterday, 08.09 on GBPUSD 15m. This turned out to be a great trade and the choros MA rules were in place (35/50 together, started only slightly diverging but only on the next candle) for a nice PA pin upmove. The thing I had doubts about (in this and many other trades) - would you still take it despite the RN and PP above? Or is it an individual thing (rule?) that you should just consequently...
He, he....
I got out early because Daily 10 and H4 50 were in the way and dangerous to play with...
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 38 KB
  • #11,997
  • Sep 9, 2015 2:19am Sep 9, 2015 2:19am
Quoting kostas1
{quote} {file}
K big THX

Do you look the hole time on the screen, or time to time ?
Very 30 mins ? or every hour ?
  • #11,998
  • Sep 9, 2015 2:59am Sep 9, 2015 2:59am
Quoting n8bizz
{quote} K big THX Do you look the hole time on the screen, or time to time ? Very 30 mins ? or every hour ?
7 am to 3 pm London time. I look most of the time since I play M5 and M15 mainly.
  • #11,999
  • Sep 9, 2015 4:39am Sep 9, 2015 4:39am
Quoting kostas1
{quote} Great minds meet .... {image}
Nice trade buddy!
And 4 posts within the last 24 hours .. nice !
looks like you re back
Guido
Risiko birgt immer auch die Chance.
  • #12,000
  • Sep 9, 2015 4:49am Sep 9, 2015 4:49am
Quoting Sesamstrasse
{quote} Nice trade buddy! And 4 posts within the last 24 hours .. nice ! looks like you re back Guido
Never left.
Just feeling chatty but I have already passed the torch to you for this thread...

Edit: I noticed your PM. I was too busy with personal issues during summer, have also moved to a different city.
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