The answer is easy, because the people that runs the world are trying to destroy sovereign nations by using money and financial instrument(central bank, derivatives) as tools to do so. Nothing much in this world is by accident.

How did 'rich' economies get so in debt?

mmaker why don't you learn his strategy and then show him how to make more than 1R for every winner. If you do that than you can earn your right to talk the talk. Not all profitable strategy follows a standard rule. So I say show him how its done ...

TheChalleger's Journal - My Trading Journey

I am wondering the same too btw.

OANDA Discussion

On the contrary I am pretty certain at least some people in the PIE thread will short at the spike I circled.

TheChalleger's Journal - My Trading Journey

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TheChalleger's Journal - My Trading Journey

I have been thinking about this for a while. I have been trading Choros for over a year. I am glad to say that I have taken out more $$ than I have given back with this strategy. With my level of competency with choros I can wait a day or two with ...

Record keeping and personal challenge

I am fine with MAs. I am absolutely fine with a strat that fetch me a few R a week on average but I sure as hell mind when i have to watch the market the whole day for a week to achieve it. It is a matter of if I want to keep that up long term.

CHOROS System

I always thought scalping is position trading on the lower timeframe. Oh well call it whatever

CHOROS System

Thanks for sharing. I think your referees have good credibility.

CHOROS System

I have a different take on that. When it comes to trend following entries are not as important as exit.(those books that talk about the importance of exit are usually referring to trend following) But when it comes to position trading like choros ...

CHOROS System

Nice one brother!

CHOROS System

Took a EURUSD trade. here

CHOROS System

M15 10 EU — Ok I am back. August is over and happy days are here again. Took for 10 pips. EU M15 10. With a 8 pips SL. This particular setup have an edge. A high one. But requires monitoring throughout the day.

Record keeping and personal challenge

Yeah kk is right, it doesn't matter whether you follow the rules or any rules at all as long as you only post winners. Because hey, the ECB or reserve bank will bail us out from any losses(we are very important tax payers!). So it doesn't matter ...

CHOROS System

I didn't take it because it is at a supply. Will be looking for shorts. The supply have been visited on a few occasions though.

CHOROS System

Well most people that come into trading have high hopes(and they should). As valuable as your losing-trade-posts are, you are killing their hopes with it. On the other hand, more season traders here will appreciate your losing-trade-posts, I have ...

CHOROS System

I agree with Jkdt and kos. Btw I am pretty sure kk was just sarcastic because he was moaning about people that just post winners some time ago. Well who knows if his mind has changed between then and now. Right now the market EU GU AU and AJ are ...

CHOROS System

Hi, I will let you know why I think it didn't work(none were setups I would have traded anyway). Do keep in mind that this is how I would trade it and since your setups is in my area of expertise I will comment. As a side, I don't necessarily agree ...

CHOROS System

Please don't apologize, its really good to see how you do your stuff. I am no where at your level of proficiency so all these things are really interesting. Thanks for sharing and well done. For the time being I plan to stick to my basic 35/50 and ...

CHOROS System

It is way beyond me too. Seems like Fox have a big bag of tricks like kos. I am still trading just 2 basic choros setups, I guess I am a slow learner. Its August and I have stop trading for the month. Interesting to see successes here in this ...

CHOROS System