I don't think of RR when I determine my SL and 1st TP. I usually place my SL at the hi/lo of the setup bar(yes usually a few pips higher/lower), but in this case I place it at the high of the last pin bar which is lower because it is itself a very ...

CHOROS Interactive

I suppose if I let people around me know what is going through my mind throughout the day it might be deemed a bit mentally unstable because they would think I am torturing myself. Truth is I don't feel burdened, I am quite fascinated at this point ...

CHOROS System

yeah the bearish pin bar on the EU 15M is a good short partly because the destination of the price after that was pretty obvious and far enough to cover the spread and give a decent profit.

CHOROS Interactive

I have a day job but I am literally watching the markets the whole of the london session, half of the NY session and the latter part of the Jap session. I don't trade the Jap or the late US session. Maybe once in a week I get up from bed and out of ...

CHOROS System

You got a point there but Kostas still wait for multiple confirmations to pull the trigger. The pin bar rejection, the multiple failure to break the support, confluence of a bunch of things and his knowledge of where price is highly likely to go ...

CHOROS System

That trade wasn't a touch all. Getting knowledge right is crucial... In flat markets touch trades don't exist.

CHOROS System

Thanks for sharing, its valuable stuff.

CHOROS System

Woot! I have read the 1st and second manual of choros! I wish I read it earlier. I avoided it thinking I will read it once I master the higher TF because it talks about trading the M1. There are a lot more details in there about price action and ...

CHOROS System

Welcome. Glad touches work for you.

CHOROS Interactive

1 lost and that is the only trade today, I demonstrated my lost in the choros system thread. After a long wining streak, the feeling that you can't lose the next trade just gets into you. As long as you know what went wrong. url

CHOROS Interactive

Except for USDJPY most of the markets now are sideways I am done for the night but I will be watching. I like sideways but this sideways have too much traffic for it to be predictable enough IMO. Market with steep MAs with agreement with multiple ...

CHOROS Interactive

For day trading I only use 15M 1H and 30M for everything. I haven't look into the possibility of using smaller TF yet, will do so one day. Kostas and others been doing it with no Prob.

CHOROS System

This is just the way I do it. Well, I still watch out for touch scenarios but I won't trade at the touch anymore, I will wait for PA to reject the MA and more before I take the trade. If it just reject MA I won't take it, if say it reject MA ...

CHOROS System

GU and GY pairs have very good trends now, I will be waiting to see if it will give any good setup to trade. No rush now.

CHOROS Interactive

Definitely, check my post on the choros system thread

CHOROS Interactive

Its been a long while since I had a lost, anyway here is one just now, down with a vinegar shot..... YUCK! This lost could have been easily avoided. No excuse.

CHOROS System

Hey there haven't seen you in a while hope you are doing fine in these rough environments, yeah with the way I am trading choros now, time stops might have some legs. Every time the setup is right price usually always rush along the highway to the ...

CHOROS System

Amen to that brother.

CHOROS Interactive

That EA is to trade the dance by getting the EA to determine the health of the entry, this program that I have in mind is not an EA, it is to give you statistical information about the edge of your entry in the hope that you can have instant ...

CHOROS System

No you gave a damn good idea that might have legs, I have an idea on how to semi automatedly test it now. I dump the entry time with the key PPA or important level data etc with it into the program and get it to test out the edge of the ...

CHOROS System