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CHOROS System

  • #12,161
  • Edited 10:28am Sep 25, 2015 9:53am | Edited 10:28am
Quoting Hugo55
now I see why you like Fridays.... {image}
Yes , a good day with about 130 green and finally a green month that started really shitty.

Im done this month
A nice weekend @all
Guido
Risiko birgt immer auch die Chance.
  • #12,162
  • Sep 25, 2015 11:40am Sep 25, 2015 11:40am
Have a nice Weekend Guido and rest of team.

Nice result Guido

I lost 12 pips today, first loosing day this Week, but up 185 in total for the Week, so very happy for the result...
  • #12,163
  • Sep 26, 2015 2:57am Sep 26, 2015 2:57am
Quoting Sesamstrasse
{quote} After getting stopped twice in EU ( -4 and -6 ) I took a new one and it spent me more 25 pips....= more 15 pips.. NICE Was fighting hard for my earnings .. Guido {image}
How to catch a runner that does not retrace. Any tutorials?
  • #12,164
  • Sep 26, 2015 3:04am Sep 26, 2015 3:04am
Are there any tablet traders here? Maybe they can share with me how much better it is compared to a few years ago when this strategy first came out. I saw some posts like that in the Dance thread. Would be pleased to know that things have changed. Anybody?
  • #12,165
  • Edited 6:01am Sep 26, 2015 4:07am | Edited 6:01am
Quoting wnabo
{quote} How to catch a runner that does not retrace. Any tutorials?

Good morning Wanabo !
.. as first , yes.. clean and clear :

look on the higher timeframes as first that time :
H4 .. down .. candle before a small doji .. not good for entry but down = Keep in mind
H1 a sloppy first touch with not a clean and clear view.. not nice enough to enter but downwards = keep in mind
M15 a sloppy bounce 35 sma .. not nice .. no clear view but downwards = keep in mind

Now M5
A nice constrainment , after the " pinbar " in trend direction hit my SL ( a stophunter ) ,
the price opened below the candle close below 10 Ema , what is basic priceaction .

In fact to come back in the Choros/ dance rules .. my SL was less than 13 pips , and the basics are all in the rules as explained.

Wanabo .. do your work and use the simulator.. it still works fine .. I downloaded it a month ago again and it still works fine.

What you need is to train it .. see how the market dances to the lines.. " feel what happens next" and then try to find a valid entry for what you expect.



And now have a wonderful weekend and cu MONDAY
Guido
Attached Image
Risiko birgt immer auch die Chance.
  • #12,166
  • Sep 26, 2015 4:09am Sep 26, 2015 4:09am
Quoting Sesamstrasse
{quote} You are clean and clear on a higher tf s 35 and 50 .. would you really buy ?Skip such trades and wait to a clean and clear setup .. your account will say thank you ;-) Weekends are for relaxing or adventure IMO .. So cu Monday Guido

People come down ,and be focused when the markets are open !
Dance when the music plays !!!



Weekends are for fun , sport , adventure , party and relaxing .. and absolutely not for trading .
Reading as " enetrtainment " is all I do ..

And now Have a wonderful weekend @ all and CU MONDAY
Guido
Risiko birgt immer auch die Chance.
  • #12,167
  • Sep 26, 2015 10:28am Sep 26, 2015 10:28am
look on the higher timeframes as first that time :
H4 .. down .. candle before a small doji .. not good for entry but down = Keep in mind
H1 a sloppy first touch with not a clean and clear view.. not nice enough to enter but downwards = keep in mind
M15 a sloppy bounce 35 sma .. not nice .. no clear view but downwards = keep in mind

Now M5
A nice constrainment , after the " pinbar " in trend direction hit my SL ( a stophunter ) ,
the price opened below the candle close below 10 Ema , what is basic priceaction .

In fact to come back in the Choros/ dance rules .. my SL was less than 13 pips , and the basics are all in the rules as explained.

Wanabo .. do your work and use the simulator.. it still works fine .. I downloaded it a month ago again and it still works fine.

What you need is to train it .. see how the market dances to the lines.. " feel what happens next" and then try to find a valid entry for what you expect.
  • #12,168
  • Sep 27, 2015 3:35pm Sep 27, 2015 3:35pm
Hello Dance Group,

are there other MAīs if i want to use the 5 min TF ?
Witch other TF should i use with 5 min ?

Or should i use there 4 TFīs ?
5 min / 15 min / 1 H / - 4 H or 1 D ?
  • #12,169
  • Sep 27, 2015 4:07pm Sep 27, 2015 4:07pm
Quoting jamespeter
look on the higher timeframes as first that time : H4 .. down .. candle before a small doji .. not good for entry but down = Keep in mind H1 a sloppy first touch with not a clean and clear view.. not nice enough to enter but downwards = keep in mind M15 a sloppy bounce 35 sma .. not nice .. no clear view but downwards = keep in mind Now M5 A nice constrainment , after the " pinbar " in trend direction hit my SL ( a stophunter ) , the price opened below the candle close below 10 Ema , what is basic priceaction . In fact to come back in the Choros/...

Risiko birgt immer auch die Chance.
  • #12,170
  • Sep 28, 2015 3:07am Sep 28, 2015 3:07am
Quoting n8bizz
Hello Dance Group, are there other MAs if i want to use the 5 min TF ? Witch other TF should i use with 5 min ? Or should i use there 4 TFs ? 5 min / 15 min / 1 H / - 4 H or 1 D ?
Good morningI don t ... Kostas does.. I m not sure ..but I think he uses 14 and a.21 MA..He explained I think 1 to 2 weeks ago here.. Look for his posts .Hope that helpedGuido
Risiko birgt immer auch die Chance.
  • #12,171
  • Sep 28, 2015 3:25am Sep 28, 2015 3:25am
Quoting Sesamstrasse
Good morning dancers ! Morning constrainment GA + 35 M15 and 2 more in Ea +27 +36 m 15 constrainment -- 90 pips before breakfast .. .. typical fridays Guido {image} {image}
First of all, thanks Sesamstrasse for the post and guidance. first post in choros here, is the timing important here for EA and GA trade, shouldn't be the trade valid after London Open when it overlaps with Tokyo market?
  • #12,172
  • Sep 28, 2015 3:31am Sep 28, 2015 3:31am
Quoting happytrade38
{quote} First of all, thanks Sesamstrasse for the post and guidance. first post in choros here, is the timing important here for EA and GA trade, shouldn't be the trade valid after London Open when it overlaps with Tokyo market?
Welcome to the thread ;-)
The overlap isn t that important, IMO .. just make sure minimum 0ne market is open when you enter any trade..
Te be sure thereīs enough " power " in the market to reach your target ..
The " pure" breakout , we don t trade.. but it counts to a bigger picture and if we find a valid rule for it .. why not!
Guido
Risiko birgt immer auch die Chance.
  • #12,173
  • Sep 28, 2015 3:37am Sep 28, 2015 3:37am
Still in demo.. Posted an example for learning purpose.. Took the trade from the first bounced from SMA35, is this correct?
Attached Image (click to enlarge)
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  • #12,174
  • Sep 28, 2015 3:46am Sep 28, 2015 3:46am
Quoting happytrade38
Still in demo.. Posted an example for learning purpose.. Took the trade from the first bounced from SMA35, is this correct? {image}
Yes, itīs a first touch / bounce.. then it bounces again on the 10 Ema ans overshoot the MAīs
Itīs a scoop .. ( no one knows before and it is easy to to say after the price did its move , I know )
This is the reason why I put my SL so quick to BE .

But I have no idea what your MAīs are !
Look for shorts " only " 10 , 35, 50 and vice versa !
If it is not given , you have to know itīs more risky and you better skip the " trade" .
Reason :
Much better chances than 10 , 50 , 35 !!

Guido
Risiko birgt immer auch die Chance.
  • #12,175
  • Sep 28, 2015 4:19am Sep 28, 2015 4:19am
Quoting Sesamstrasse
{quote} Yes, its a first touch / bounce.. then it bounces again on the 10 Ema ans overshoot the MAs Its a scoop .. ( no one knows before and it is easy to to say after the price did its move , I know ) This is the reason why I put my SL so quick to BE . But I have no idea what your MAs are ! Look for shorts " only " 10 , 35, 50 and vice versa ! If it is not given , you have to know its more risky and you better skip the " trade" . Reason : Much better chances than 10 , 50 , 35 !! Guido

Hi Sesamstrasse, when would you move SL to BE after in profit for how many pips? Apologize, any standard color apply here, so we are at same stage? For mine:
Blue: EMA50
Yellow: SMA35
Red: EMA10

Market seems first touch EMA10 after down again. Correct me if my entry is invalid. thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 40 KB
  • #12,176
  • Edited 6:56am Sep 28, 2015 4:40am | Edited 6:56am
Quoting happytrade38
{quote} Hi Sesamstrasse, when would you move SL to BE after in profit for how many pips? Apologize, any standard color apply here, so we are at same stage? For mine: Blue: EMA50 Yellow: SMA35 Red: EMA10 Market seems first touch EMA10 after down again. Correct me if my entry is invalid. thanks. {image}
I would have taken this trade exactly on the 50 bounce and had get stopped BE or +15 , not sure !
But mondays are not my days and I m normally flat then .
For my taste , its a little late but on the other hand , if it constrains a little bit on the 10 ema, I had taken it again .. for form a new low .

Its only hypothetic.. and Im more practical , in fact I didn t enter ;-)

Usually I trigger after about the half tp to BE .. depends on the trade .
Guido
Risiko birgt immer auch die Chance.
  • #12,177
  • Sep 28, 2015 10:50am Sep 28, 2015 10:50am
Hi traders,

Took a sell on the U/J a little earlier, I came in late, I know "slap on hand" and was not able to monitor the trade
all the time, hence the longer stop, when I came back and saw I was up + 20 I closed the trade, because had
to leave again.
That's my reason for the trade, a bit sloppy I know.......... done for the day, hope you are making lots of pips..

http://content.screencast.com/users/...d872/19.uj.png
  • #12,178
  • Edited 2:32pm Sep 28, 2015 10:56am | Edited 2:32pm
Quoting Hugo55
Hi traders, Took a sell on the U/J a little earlier, I came in late, I know "slap on hand" and was not able to monitor the trade all the time, hence the longer stop, when I came back and saw I was up + 20 I closed the trade, because had to leave again. That's my reason for the trade, a bit sloppy I know.......... done for the day, hope you are making lots of pips.. {image}
Nono !
Your entry was excellent !
Exactly the right candle on tje constrainment !.. just the round number was risky.
If you had entererd the touch of the flat ma s it was shitty :nerd:
.. but you did really well .. well done ;-)

Guido
Risiko birgt immer auch die Chance.
  • #12,179
  • Sep 28, 2015 11:18am Sep 28, 2015 11:18am
Thank You Guido, I appreciate that...

PS. anybody taking the deal on the A/U?
Couldn't help myself, sold @ 0.6999 charts later.....
  • #12,180
  • Sep 28, 2015 2:38pm Sep 28, 2015 2:38pm
Quoting Sesamstrasse
{quote} Good morningI don t ... Kostas does.. I m not sure ..but I think he uses 14 and a.21 MA..He explained I think 1 to 2 weeks ago here.. Look for his posts .Hope that helpedGuido
THX sesamstrasse i take a look.

maybe I find what.
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