Ooh I din see the pin, you trade during the Japanese session... Nice one anyway.

CHOROS System

I can't delete this post, I had a thought and I think what I wrote was wrong I think it is right that we obey the law and not break it. The law makes sense, it is there to protect our well being. Sorry for 2 useless post I would have delete it if I ...

Malaysia central bank states Forex is illegal

Hey there nice trade, were you a bit cautious since the 35/50 are not parallel? What gave the conviction despite the unparallel MA?

CHOROS System

I miss the ping when the pin bar occurred, I am now waiting for a pong.

CHOROS Interactive

The main goal is not to make as much money as possible, it is to come back to Malaysia and live for personal reasons(being a good and faithful Malaysian), plain and simple. Being in Malaysia doesn't require me to have my assets in Malaysia. I don't ...

How to start a hedge fund in malaysia?

For Choros, my goal is simple, to make 0.5% per day. For the last 3 weeks 4 days I have been averaging 0.93% per day instead of 0.5% with 0.5% risk per trade. I hope to trade more markets including futures and reduce my risk pertrade to 0.25% per ...

CHOROS System

I don't use simulator, just MT4 and an excel sheet bar by bar.

CHOROS System

Maybe this will help, I will feel just as fearful taking trades if I don't know the historical results. What I do is backtest at least for half a decade. For mechanical strat is very easy but for my version of choros I did it for 4 pairs(GY, GU, EU, ...

CHOROS System

I agree 110% with this statement. In fact I am more comfortable doing it then taking half baked setups.

CHOROS System

Ok, I will be watching out for any patterns, who knows as the crises gets worst and CHF keeps pushing we will have truck loads of free money as the SNB push back.

CHOROS Interactive

This I can understand but, You get stressful when you selectively take 2-3 trades? and inselectively taking dozens of trades a day is not stressful? That is beyond my ability to understand. Edit: I think I get it, if you take selective ...

CHOROS Interactive

A nice pin bar in the GU H1 that rejected the 10EMA(good for a touch) and some PPA but I am not taking it because right in front of it is a RN, yeah sure it can go to the next wick but there is too much risk for the reward, so it is a "next" for me.

CHOROS Interactive

EURJPY trade — The trade, 4 things confirming trade direction. A rejection of the fib, RN, 10EMA and a pin bar in the 1H.

CHOROS Interactive

I took the same trade but right after a pin bar rejected the 104.5 and 10 EMA. 1st TP was at 104.22 and the second just hit SL for 104.09. The pin bar rejected a 23.6 fib too.... The 1st TP was the nearest PPA to TP.

CHOROS Interactive

Man, you guys are all crooks, you guys are terrible. How can you all trade the forex, it will some how destroy the MYR! And I don't care about any reasoning! lol. I am a Malaysian citizen living overseas and apparently the rules still apply to me. ...

Malaysia central bank states Forex is illegal

Yeah its quite obvious from my early trades that the market gave me 10-15 pips many times just to hit my SL at a lost. While looking at the record I kept thinking, stupid why didn't you see that! Clay clearly did mention only get out at a ...

CHOROS System

I don't know the answer to your questions. But what I asked myself initially was, do you see anyone successful in this thread actually following the rules 100%? I think some of the rule just don't work for me like a curse. But asos is challenging my ...

CHOROS System

I like what I see, I must have been doing something wrong in the beginning...... I am going to find out what happened.

CHOROS System

Ok got it I understand, make it your own. I think touch definitely don't like me. But trading during steep MA has benefited me a lot. Through the help of this thread I have already found my niche in day trading. Anyway I think you folks understand ...

CHOROS System

Really? Ok, I had different experience though following the rules blindly in the beginning. It worked at first, and then I swear, good looking by the rule touch trades kept failing over and over again. This is definitely not a strat for the noobs. ...

CHOROS System