Hi iero, after many attempts I came to the same conclusion, waiting until the trend is formed is the best way to trade the Dance. However price moves in consolidation most of the time (I think the rough value is between 60% - 70%). During the last ...

CHOROS System

Hi everyone, I keep working in the sim as well as with very little live money to learn the dance. I'm good at making pips in very trending markets. However I tend to give it back during more consolidation markets. I have attached an example of a ...

CHOROS System

Hey Guys, I've a question about trade management. How do you guys handle when price goes only a few pips back and forth for a while after an entry without showing real direction? I've attached a chart as an example. In my opinion the marked bar is a ...

CHOROS System

Hey guys, I'm still learning the details on constrainment trades. Can you tell me, if what is forming on NZDUSD right now is constrainment? It looks like that to me, if the current bar stays as small as the two before and closes below open. EDIT: ...

CHOROS System

alright so I'm in the trade now... I didn't recognize a good entry point so I stayed out the whole time. But I noticed, that there is a pretty strong S/R right at 1,10550 which can be seen on all Time frames including on daily by 2 wicks. I figured ...

CHOROS System

Hi Birdland, was the entry reason for your EU trade constrainment against the EMA50 in confluence with the round number? Also is there a specific reason why you sustained the pullback 4 candles prior to your exit? For me such a big pullback would ...

CHOROS System

Hi everyone, thanks for all of your replys concerning your trading day and times! My key takeaway is that it's better to trade just a few hours a day but with full concentration on the market than the whole day with many interruptions. I guess I ...

CHOROS System

Hi everyone, since I'm currently trying to trade live as well, I have a question about how you approach your trading day (especially from the people who additionally work part time/Full time). This is what I'm currently struggling with. 1. How often ...

CHOROS System

Hi Remi, With the Dance usually you take entrys with COB. However with Touch Trades that's not the case, you enter at first touch of the S/R. Because with this specific trade if you would wait for COB, you will miss a big part of the trade (if you ...

CHOROS System

I'm currently in the same GBPUSD trade. Currently waiting to see if it breaks 1.55... I still have a lot to learn, especially concerning trading psychology. I appreciate to be able to learn from all of you guys.

CHOROS System

Hey Guys, you are currently talking about Cross & Retest. Is this concept explained anywhere in the manual or was it added later? iero, you said you that for you, this is a high probability set up. Yet I don't know exactly where to look up the rules ...

CHOROS System

Wow Haydel, congrats! That makes more than up for the 50 Pip loss a few days ago. 11,8% account growth with one trade is outstanding! I'm really happy for you :-) Also I have a question for you guys: Does it happen to you, where there are nearly no ...

CHOROS System

Hey everyone, since this thread is also about giving, I want to share something I noticed while trading in the simulator. I am now taking advantage of this pretty often and it's good for quit some pips. I noticed that the H1 MA's are pretty strong ...

CHOROS System

Hi everyone, just a quick question, it's a situation I run into often during the simulator and probably will in Live trading as well. in the attached chart there is constrainment as far as I can tell. In this case the Candles are not that small, but ...

CHOROS System

Hi everyone, I just wanted to thank you for all your comments and help so far. I spent a few hours in front of the simulator again and I'm slowly starting to get a feel for when to enter, when to stand aside and when to wait that the market shows ...

CHOROS System

Hi iero, I know that these times are the inital rule. However Clay also that, it´s the rule he is least stringent about. the difficulty for me is, only trading the overlap would give me 3–4 hours of trading a day only. Due to meetings I won‘t be ...

CHOROS System

Hi Sesamstrasse, thanks for explaining the constrainment in more detail. I looked at some examples again and try to adjust while trading in the simulator. Now that said, I noticed something strange where I hope you experienced guys may offer an ...

CHOROS System

Hi everyone, I'm currently re-reading the Dance manual and I've got a question. In connection with doji bars Clay wrote: I don't quit get this statement. I thought that if there is for example constrainment against the EMA35 and a Doji bar appears, ...

CHOROS System

Hey Marcel, nice trade! Glad to see, that The Dance also works on EURUSD! Also thanks to iero and birdland on your opinion concerning the trading and full-time job topic. I feared as much. Maybe I also need to re-evaluate how much time I work so I ...

CHOROS System

Hi iero, Hi birdland, thanks for your responses! I took 11 pips out of it, I wasn't able to trail the SL because I was in meetings at my job. I worked with a TakeProfit which was triggered. This is something that I was meaning to ask you: Do you ...

CHOROS System