In trading statistics is the only way to determine the truth IMO.

How do you do your market research?

Screen, you are really using R? wow. I never knew it will become so popular. I graduated in math and engineering double degree from the university that gave birth to R, Auckland University.(The founder of R Ross Ihaka was my math lecturer for a few ...

How do you do your market research?

Hi, fxtrade is limited in terms of market price indicators. Best to use MT4 demo from other brokers or Oanda but execute your trades with fxtrade.

OANDA Discussion

Happy christmas Chorosers. Put trading aside and spend time with your love ones, after all they matter more than pips at the end of your journey. Binyamin

CHOROS System

Hey you are right. And also if I took that trade I will be giving liquidity to some poor fella that just traded on the wrong side. Man i am such a saint, I have done a good thing before christmas. I damn hope santa is reading this right now.

CHOROS System

Good point there about spread, recently I have learned something from clay. Spread means nothing if it is correlated with the pair's volatility. In the case of GBPNZD my spread is 9 but it is currently the most volatile pair in Forex. Check it out ...

CHOROS System

GBPNZD — H1 35/50, H4 10EMA, DP, MP. At the same time---> M5 12EMA cross and rejection pin. Here is a setup I spot. I just watch it come and then....... go...... without taking it..... I think I won't look at my charts anymore until next year, ...

CHOROS System

Kudos to Haydel! — I like trading multiple pairs with HTF too. I am for Haydel's style. In fact if it weren't for him I might have left choros a while ago. To me the benefits of trading multiple pairs on HTF: 1) Helps a great deal with my ...

CHOROS System

You are right, HTF or H1 setups are bad because the momentum in the LTF is always against the entry and it logically shouldn't work, they are just bad setups and bad trading. So they can never work in the long run because of conflicting reasons. I ...

CHOROS System

Concerning the H1 setup, I have been making very good pips with that for a few months now. I don't want to comment on the 15m setup, it is out of my element. My discretion ability is setup specific because I master and run test on 1 setup at the ...

CHOROS System

Hey kk, that setup was H1 not 15M. That setup IMO is pretty reliable so if 15M is flat as a model's ass I can care less. I agree choros needs a lot of discretion and that takes time to learn. Try a more mechanical system. There is more than 1 way to ...

CHOROS System

I couldn't have said it better. While I didn't know any setup in the beginning I tried to trade everything. Looking back, it was a total waste of my time.

CHOROS System

I am feeling a little annoyed with it too. I have plan to stop trading from 15th of December to 5th of January. So today I just watch that trade come and go. In fact there were 3 trades like that today on various pairs at different times. Next year ...

CHOROS System

If it doesn't work for you try other strats on the forum that might work for you. There are more than 1 way to make it in trading.

CHOROS System

Sure but after you post some intelligent post. This unwritten rule was set by the room's admins.

CHOROS System

Just quit dance/choros and try something more mechanical- naningbob. If your efforts keep failing change your approach dude... PS: oh yeah we miss you btw.

CHOROS System

Yes I agree having daily goals can be meaningless. We take what the market allow us to take everyday. We don't force our will on the market. But should you have frequent setups like Kos, then the market will allow you to take pips daily and have ...

CHOROS System

There is a lot of difference. Advisable to read both. Btw trading conditions at this time of the year is bad. Some dancers are only dancing again on the 15th of january.

CHOROS System