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CHOROS System

  • #12,761
  • Jul 7, 2016 3:30pm Jul 7, 2016 3:30pm
Quoting tonny47
{quote} thank you very much, that is very helpful! for 35/50 touches, I presume you scale down to 15 min chart for entries, right? I trail my trades using hign/low of the last closed bar - when you trade 15 min touches, do you trail it based on 15 min candles or 5 min candles?
I trail all my trades using the 15minute bars. If the setup occurs on 15min, i enter based off 5minute. If the setup occurs on 1Hr, i enter based off 15min. But all trailing done on 15minute.
  • #12,762
  • Jul 8, 2016 12:05am Jul 8, 2016 12:05am
Quoting tonny47
{quote} I have been testing it but dont find it all that useful to be honest. not giving up on it just yet ) I removed the tdi cross arrow not to confuse people as i don't look at it at all with choros trades.

I like the tool , specially with HA candles in higher timeframes..

.... but not in my Dancing charts .. I prefer them clean and clear.. ...

Guido
Risiko birgt immer auch die Chance.
  • #12,763
  • Jul 8, 2016 1:15am Jul 8, 2016 1:15am
Quoting Wahnone
{quote} I trail all my trades using the 15minute bars. If the setup occurs on 15min, i enter based off 5minute. If the setup occurs on 1Hr, i enter based off 15min. But all trailing done on 15minute.
Thanks!
  • #12,764
  • Jul 8, 2016 1:16am Jul 8, 2016 1:16am
Quoting Sesamstrasse
{quote} I like the tool , specially with HA candles in higher timeframes.. .... but not in my Dancing charts .. I prefer them clean and clear.. ... Guido
yes, can be useful to give directional bias on higher timeframes (on other strategies)
  • #12,765
  • Jul 11, 2016 1:47am Jul 11, 2016 1:47am
Today's trades. Two 35/50 trades totalling +70Pips. Target reached for the day.
1. GU Sell: Exit +40Pips at round number.
2. UCad Buy: Exit at Previous SR level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11GBPUSDM15.png Size: 45 KB
Click to Enlarge Name: 11USDCADM15.png Size: 49 KB
  • #12,766
  • Jul 11, 2016 4:44am Jul 11, 2016 4:44am
Quoting Wahnone
Today's trades. Two 35/50 trades totalling +70Pips. Target reached for the day. 1. GU Sell: Exit +40Pips at round number. 2. UCad Buy: Exit at Previous SR level. {image} {image}
Wahnone,

Great trades. The lighter blocks in the charts (I understand it is the high and low of a particular trading session, i.e. for example London, New York, etc.). I assume this indicator in somewhere in the paperclip section of the thread? What is it called? Thank you!
  • #12,767
  • Jul 11, 2016 5:31am Jul 11, 2016 5:31am
Quoting Wahnone
Today's trades. Two 35/50 trades totalling +70Pips. Target reached for the day. 1. GU Sell: Exit +40Pips at round number. 2. UCad Buy: Exit at Previous SR level. {image} {image}
I did same GU Sell with you, but I did not catch too much , only +13pip, after that , I did 2 bad trades, then stop it. (
  • #12,768
  • Jul 11, 2016 7:34pm Jul 11, 2016 7:34pm
I know the manual states to trade the Euro/US & Euro/Jpy overlap. But what time of day does everyone else trade?
Remember, the market never lies. It is only we who lie to ourselves.
  • #12,769
  • Jul 12, 2016 12:47am Jul 12, 2016 12:47am
Quoting stiffdogg06
I know the manual states to trade the Euro/US & Euro/Jpy overlap. But what time of day does everyone else trade?
.. depends on where you are lcated...
European and US sessions are nice to trade ..

Guido
Risiko birgt immer auch die Chance.
  • #12,770
  • Jul 12, 2016 1:26am Jul 12, 2016 1:26am
Morning friends. These are today's trades for me. Totalled +70Pips. Still in the UJ trade but now moved stoploss to breakeven.
@MidnightRun, the indicator you requested for is attached.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 12EURJPYM15.png Size: 33 KB
Click to Enlarge Name: 12GBPUSDM15.png Size: 40 KB
Click to Enlarge Name: 12USDJPYM15.png Size: 39 KB
Attached File(s)
File Type: mq4 i-Sessions pst.mq4   6 KB | 417 downloads
  • #12,771
  • Jul 12, 2016 2:02am Jul 12, 2016 2:02am
Update on UJ: Exited manually at +40Pips because noticed price stalling close to SR/RN. Big down move may occur. Better exit than sorry. Also daily target already reached with first two trades, but the UJ setup was just too perfect to pass on.
Attached Image (click to enlarge)
Click to Enlarge Name: 12USDJPYM15b.png Size: 39 KB
  • #12,772
  • Jul 12, 2016 2:15am Jul 12, 2016 2:15am
Quoting Wahnone
today's trades for me. Totalled +70Pips.
70 is enormeous .. congrats.. IŽdone with 35 and go for work ..

Have a nice day @all
Guido
Risiko birgt immer auch die Chance.
  • #12,773
  • Jul 12, 2016 2:16am Jul 12, 2016 2:16am
Quoting Wahnone
Better exit than sorry. {image}
Excellent quote !!!
  • #12,774
  • Jul 12, 2016 2:21am Jul 12, 2016 2:21am
My last performance is here: http://www.forexfactory.com/showthre...99#post9024499
Did 104 pips today on EJ only
On my way to financial independence - if others can do it - I can do it
  • #12,775
  • Jul 12, 2016 3:25am Jul 12, 2016 3:25am
Quoting Eur Usd
My last performance is here: http://www.forexfactory.com/showthre...99#post9024499 Did 104 pips today on EJ only
Hey mate, congratz on your results, nice to see you are making in this business
  • #12,776
  • Jul 12, 2016 3:30am Jul 12, 2016 3:30am
Quoting Awaken
{quote} Hey mate, congratz on your results, nice to see you are making in this business
Thanks. Hope I will keep the results for nearest 3 years ;-)
On my way to financial independence - if others can do it - I can do it
  • #12,777
  • Jul 12, 2016 11:03pm Jul 12, 2016 11:03pm
Decent UCAD signal for +38p.
Attached Image (click to enlarge)
Click to Enlarge Name: UC1.png Size: 38 KB
  • #12,778
  • Jul 14, 2016 1:08am Jul 14, 2016 1:08am
Long awaited return to 35SMA on EJ Daily chart. Easy 55 points
Attached Image (click to enlarge)
Click to Enlarge Name: ej14july.png Size: 50 KB
  • #12,779
  • Jul 15, 2016 12:35am Jul 15, 2016 12:35am
Quoting Sesamstrasse
{quote} Good morning awesome ! After the release of the one click trading in my tradingstation 2014 , I never used a script anymore ... Too simple to switch the sl and target in the chart .. no need IMO .Just for the simulator it is neccessary ... Green pips Guido
I almost forgot to answer your post in this thread. Thanks Guido, for the answer!

I turned out to be just a little worried if the strategy was not good enough, and if it is not good enough I will have problems. So, I try to perfect the slightest thing. But in fact, I am likely to make mistakes and things may not go according to plan. Not guaranteed, but most likely will happen. And it's Ok, because it is part of the process.
I think the list of scripts that used in the original manual was enough. I learned to make and keep all things are kept simple. The simpler, the better.
  • #12,780
  • Jul 25, 2016 2:10pm Jul 25, 2016 2:10pm
Very well said: Accept the losses, let your winners ride and cut your losses short. That mindset is crucial. Your plan is your constitution during sessions and subject to review on weekends or target time periods. You are simply documenting the outcome not so much influencing it if you are truly emotionally detached and simply follow ONLY your constitution. Fill your calendar log and post your self analysis in your trading diary.

All the best

"All history is a current affair"
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