Here is what I found for myself regarding Choros: 1) It is difficult to learn a setup. I have only manage to learn and be consistent with 2. The 1st one stop working after a while.(at the start of 2012) 2) The fact that it is a 5M 15M 1H timeframe ...

CHOROS System

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CHOROS System

That was my choros trading frequency too 2-3 per week mainly due to missed setups. I wonder how some of you successful ones can sit around the whole day and wait. I mean don't you feel bored, tired and finally burnt out? With choros I am ...

CHOROS System

It doesn't matter whether you made 1000% per year for the last 15 years. You just need 1 day of -100% to be out of the game. I will never understand why some people love over betting. You will feel no peace and you will get hurt.

CHOROS System

I believe designing trading systems takes discretion, no? So trading systems are discretion type systems right from the start. I have spent countless hours trying to come up with trading systems and in my experience the optimizer which will give you ...

Sharing: I know my method works, but I just can't follow it through

Yeah I agree. But it have come to a point that when I look at the choros template I feel tired and sick. Maybe I have been torturing myself by watching the charts all day for about a year and the feeling have stick. Of course I will love to make ...

CHOROS System

With Choros, I traded AU, EU, GU. Mainly. I miss more than half the valid setups I should take(So theoretically I should have a higher % a month if I don't miss any setups) and my win rate was maybe about 65-75%. I can't quite remember when I ...

CHOROS System

Someone PM me asking if I have quit trading and Choros. Answer is yes to Choros but no I am still trading. I am just not mentally able to cope with watching the market every 10 minutes through out the day, I got sick of it. I was trading only the ...

CHOROS System

Nice equity curve, I like the fact that you don't take too many trades in 1 day. It shows that you are patient and discipline. Well done mate. I can't agree more.

CHOROS System

You lost 2/3 and you are trying to make your money back in 3 months?(300% in 3 months) The problem here is you don't know what you don't know. I am not saying it is impossible, its just that the kind of trading mistakes you make are noob-ish ...

CHOROS System

If you have problem with big figures then you might want to work on your psychology. Without it, all these knowledge can't help you. If you don't mind trading mini lots for the rest of you life then by all means stick to your original plan of ...

CHOROS System

So you are saying where you exit is influenced by how much you risk? So in other words you are saying: how much you risk will determine what the market will do? I say you made a very ridiculous statement. It doesn't matter how you trade, the market ...

CHOROS System

Its low liquidity day due to NYSE close. Not the best time to trade.

CHOROS System

Hi I have orders placed there too.

LJ Forex Group

I believe that pros that vary their size knows quantitatively what is their edge for different scenarios. For you case, do you know what is your average RR for certain setups for perhaps the last 6 months? If you can't answer that then there is no ...

CHOROS System

I would say yes. But, and a big but. The thread starter don't prefer non USD pairs..... So it may or may not be valid in his books for a trade.

LJ Forex Group

Failed setup — And this too, what looks like a good one failed. In the HTF it was reacting to a SR zone though

LJ Forex Group

I have been a silent lurker here. Many thanks LJ for your video and your effort in this thread.

LJ Forex Group

This is an area you could have long if you wanted to. First time back to a supply followed by a 3 drive pattern. This trade is featured here. I happened right after your trade I talked about.

TheChalleger's Journal - My Trading Journey

From what I analyze I see two things that was going against this trade. You were trading against daily supply(Not the main thing) and you were trading at a demand that have been visited.

TheChalleger's Journal - My Trading Journey