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CHOROS System

  • #12,021
  • Sep 12, 2015 10:42am Sep 12, 2015 10:42am
Quoting n8bizz
{quote} Jea great, cool PDF. Ill look at it at the weekend. Is it possible to calculate the value of the SL ? I have an 3.000 depot. How many pips have an value x with an y Lot ?
Before running live:
1. Demo for 6 months, become profitable and consistent with one-two currencies (I suggest GU, EU)
2. If profitable, then live for 0.01 lots for another 6 months
3. If profitable start slowly increasing lots.
4.
  • #12,022
  • Sep 12, 2015 2:58pm Sep 12, 2015 2:58pm
Quoting kostas1
{quote} Before running live: 1. Demo for 6 months, become profitable and consistent with one-two currencies (I suggest GU, EU) 2. If profitable, then live for 0.01 lots for another 6 months 3. If profitable start slowly increasing lots. 4.


you started this thread 5 years ago, my gues is that since you hve started you have made atleast $50k profits or more trading this method
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #12,023
  • Sep 13, 2015 4:27am Sep 13, 2015 4:27am
Hello. What was the number of losses in a row that you Kostas and Sesamstrasse ever run into trading A-AAA choros setups? What is your longterm win:loss ratio? Thanks.
  • #12,024
  • Sep 13, 2015 11:03am Sep 13, 2015 11:03am
Quoting Soros
{quote} you started this thread 5 years ago, my gues is that since you hve started you have made atleast $50k profits or more trading this method
It is actually low 7 figures now...
  • #12,025
  • Sep 13, 2015 11:04am Sep 13, 2015 11:04am
Quoting Jkdt
Hello. What was the number of losses in a row that you Kostas and Sesamstrasse ever run into trading A-AAA choros setups? What is your longterm win:loss ratio? Thanks.
Do not count win% but usually I may loose 1 in 5 trades. Rarely 2 in a row. It was not like that in the beginning. Read the thread for more chronological info.
  • #12,026
  • Sep 13, 2015 11:28am Sep 13, 2015 11:28am
Quoting kostas1
{quote} It is actually low 7 figures now...
That would also be my humble guess If somebody is able to make on average 50 pips a week, that is >200 pips a month. Trading 10 months only a year gives $20k a year given trading with a full lot. 5 years x 20k = $100k. My guess is that if majority profitable traders make on average more than 50 pips a week and if I remember correctly, you were trading with much more than 1 lot already a few years back. And more often than not this value grows exponentially due to constant risk, for ex. 1% on every trade, which works like compound interest in the long run. Of course if not to take any payouts into the equation.
  • #12,027
  • Sep 13, 2015 12:12pm Sep 13, 2015 12:12pm
Quoting Jkdt
Hello. What was the number of losses in a row that you Kostas and Sesamstrasse ever run into trading A-AAA choros setups? What is your longterm win:loss ratio? Thanks.
I m not one of these phenomenons like Kostas , XMan or Emmanuell .. But dancing makes more green pips than red pips.. Sometimes a greedy devis is sitting on my place.. then it costs some pips.. I stop then for some days or weeks and come back and cut my piece of the cake called market. But i had 10 to 20 bad trades in a row .. shit happens .. not every day.is a pay day .. but all in all I m happy . Green pips .. Guido
Risiko birgt immer auch die Chance.
  • #12,028
  • Sep 13, 2015 12:41pm Sep 13, 2015 12:41pm
Quoting kostas1
{quote} It is actually low 7 figures now...

7 figures???? thanks for you honest reply, 7 figures is alot of money, i remember reading this thread years ago but didnt realy understand what was going on, but now my knowledge in forex has grown rapidly and now i understand, thought about reading it again but thought maybe it will waste my time, but now i will read it again.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #12,029
  • Sep 13, 2015 12:44pm Sep 13, 2015 12:44pm
Quoting Sesamstrasse
{quote} I m not one of these phenomenons like Kostas , XMan or Emmanuell .. But dancing makes more green pips than red pips.. Sometimes a greedy devis is sitting on my place.. then it costs some pips.. I stop then for some days or weeks and come back and cut my piece of the cake called market. But i had 10 to 20 bad trades in a row .. shit happens .. not every day.is a pay day .. but all in all I m happy . Green pips .. Guido

do you ever have loosing months
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #12,030
  • Edited Sep 14, 2015 12:04am Sep 13, 2015 11:46pm | Edited Sep 14, 2015 12:04am
Quoting Soros
{quote} do you ever have loosing months
Right now for example .. I remwmber good January 2014 ..
When almost every trade was red after November and december 2013 when almost all trades were green. .. But a month counts nothing .
I haven t had a red year since 2011 or 2010 in all my trading .

In fact , for m5 to H1 trading ( active intraday trading ) this is my favourite strategy / style /kind of view/ = however you wanna call it.

Higher timeframes I just dont like in this strategy, its made for fast decisions , hunting market movements by itself
like constrainments or touches.
And it is neccessary to watch the market " all the time " not like other strategies only at candle open .. set and forget.

Its the big difference , what needs a lot of attention but makes good profits , because you can catch opportunities , youll never find with other strategies.






Guido
Risiko birgt immer auch die Chance.
  • #12,031
  • Sep 14, 2015 12:46am Sep 14, 2015 12:46am
Quoting Sesamstrasse
{quote} Right now for example .. I remwmber good January 2014 .. When almost every trade was red after November and december 2013 when almost all trades were green. .. But a month counts nothing . I haven t had a red year since 2011 or 2010 in all my trading . In fact , for m5 to H1 trading ( active intraday trading ) this is my favourite strategy / style /kind of view/ = however you wanna call it. Higher timeframes I just dont like in this strategy, its made for fast decisions , hunting market movements by itself like constrainments or touches....
great answer, here is the trade i took, i took half out at BE and the rest of the trade im trailing it!! so far so good, im trading my interpretation of the system
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.dmaM5.png Size: 36 KB
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #12,032
  • Sep 14, 2015 12:48am Sep 14, 2015 12:48am
looks like a razor sharp entry to me.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.dmaM555.png Size: 38 KB
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #12,033
  • Sep 14, 2015 1:42am Sep 14, 2015 1:42am
Quoting Soros
{quote} great answer, here is the trade i took, i took half out at BE and the rest of the trade im trailing it!! so far so good, im trading my interpretation of the system {image}
Be careful with almost flat MAs and 35 Sma is below 50 ema .. what is not the best option ..,
the 35 sma shows the trend direction in the chart .

It requires a bit of training .. but very quick youll have an eye for it .

.. good job
Guido
Risiko birgt immer auch die Chance.
  • #12,034
  • Edited 3:14am Sep 14, 2015 2:28am | Edited 3:14am
I didn't take it because i wake up late and missed the right timing, should a retest of 10ema when the trend turns, i'll update with a possibile exit, i think should the 35SMA H1
Edit_ Update with exit, on 35SMA H1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2015-09-14_112338entry.png Size: 61 KB
Click to Enlarge Name: 2015-09-14_121354exit.png Size: 63 KB
  • #12,035
  • Sep 14, 2015 3:28am Sep 14, 2015 3:28am
Quoting sam400
I didn't take it because i wake up late and missed the right timing, should a retest of 10ema when the trend turns, i'll update with a possibile exit, i think should the 35SMA H1 Edit_ Update with exit, on 35SMA H1 {image} {image}
Your EU M15 " entry " wasnt one .. 10 ema between 35+50= MA soup .. we dont enter.

But your possible exit was with a good view!
It´s exactly how we look for " enough space ".. no round number ( some like the pivot levels ) no MA of a higher TF.. = enough space .
One of the conditions we need to enter .
IMO Exit´s are more tricky than entries .
Guido
Risiko birgt immer auch die Chance.
  • #12,036
  • Edited 5:29am Sep 14, 2015 3:30am | Edited 5:29am
Ok thank you for the feedback, Next trade

Disclaimer, right now i'm just watch a demo account without takeing trades, until i get better on the tester, but i saw an other live trade so i screenshooted

10Ema 15M touch

Exit at roundnumber
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2015-09-14_133404entry.png Size: 64 KB
Click to Enlarge Name: 2015-09-14_142150exit.png Size: 67 KB
  • #12,037
  • Sep 14, 2015 6:16am Sep 14, 2015 6:16am
Hi traders,
I'm new here and have been studying "the dance" with great interest. love the method.
I got a question on this chart I'm posting and would love your opinion please.
Hugo

http://content.screencast.com/users/...ce4463/no1.PNG
  • #12,038
  • Sep 14, 2015 6:30am Sep 14, 2015 6:30am
Quoting Hugo55
Hi traders, I'm new here and have been studying "the dance" with great interest. love the method. I got a question on this chart I'm posting and would love your opinion please. Hugo {image}
I´m in this trade , m30 10 ema was my entry .
;-)
Guido
Risiko birgt immer auch die Chance.
  • #12,039
  • Sep 14, 2015 6:59am Sep 14, 2015 6:59am
Quoting Sesamstrasse
{quote} Im in this trade , m30 10 ema was my entry . ;-) Guido
I am out of this trade, M5 12 ema entry, Daily R2 exit...

EDIT: @Hugo, M15 35/50 confluence with H1 10 is a great trade when it happens.
  • #12,040
  • Sep 14, 2015 7:01am Sep 14, 2015 7:01am
Quoting Sesamstrasse
{quote} Im in this trade , m30 10 ema was my entry . ;-) Guido
I wish you luck, it seems it is going your way now..
Hugo
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