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

I place a sell stop under this pin bar but the price never hit it, had it did I would have been stopped out. From my little experience, I find H1 more reliable than 15M for this method.

CHOROS System

Anyway here are the bar actions yesterday and 1 the day before on the H1 EURUSD. These are in regards to choros, notice how 3 of them gets near the 10EMA just before the bearish engulfing or pin bar is completed for a setup? I only took the 2nd ...

CHOROS System

I think I meant an idiot can follow the rules. But its been a while and I know now it is not that simple because I can't be consistent even doing that.

CHOROS System

I also have my times with this strat in the beginning especially. Getting frustrated that things are not working and getting those "HAHA got you!" moments where there always seems to have extra hidden new rules here and there I am not aware of. For ...

CHOROS System

Sorry if I am wrong but are you trading for excitement? I still take those vinegar shots when I do stupid things with my trade and that keeps me in check.(I havent took one for a long time but I have a bottle of vinegar beside me just in case) I ...

CHOROS System

Yeap, see if it can turn the support of the low in July into a resistance, I am prepared to ride it even to a thousand pips if it will. Or right up to 1.0000 lol.

CHOROS System

Here is another chart where right after the 15M trade there was an ok setup I missed. This is partially Choros..... It can happen many times on the lower TF when you get a decent higher TF setup. While the higher TF is heading to its target the ...

CHOROS System