Is a decendent from a line of words used in slang meaning "good" or "how are you?" Starting from "what's up?" evolving to "whats good?" to "whats gucci?" to "Goochamos". It can be used in many different styles of context.
Dude, I think the cops are following us.
Nah, were goochamos.
How you feeling man?
Dude, I cant believe we both banged Tracey!
Yea man that Eiffel Tower was goochamos