Wow, welcome and thanks. Anyway since I am at it. I just took a EURUSD 7:45 GMT 15M 10 touch. Cheers.

CHOROS System

EURUSD 15M 10 touch — Yesterday I took exactly the same kind of setup- a bounce from the S1/R1 to the 15M 10 and got stopped out. Today I took the same one and it gave me 5.5 pips, exit was at the S1. I was tempted as usual to hold for more ...

Record keeping and personal challenge

HI DF, I took the same trade too. A really nice trade. Yeah I would IMO call that a 2 bar retrace. I forgot who said it, I think it was KennyZ or Kenneth Lee or maybe even Kostas1. The faster the price retrace to a S/R the higher chance of it ...

CHOROS System

AUDJPY M15 10 touch — Took this for a quick 6 pips. It was the 1st touch at the 15M 10 EMA. I find that it is harder for me to take the next trade after a losing one. I have to overcome that because it is detrimental to my trading results. My ...

Record keeping and personal challenge

AUDUSD 15M 10 — Took my 1st trade today, it turns out to be a failed trade. AUDUSD on the daily is definitely in an uptrend. SO took this 1st 15M 10EMA touch with M5 rejection at the 23EMA for a -8pips lost... Accept for the fact that price ...

Record keeping and personal challenge

Hi since no one is answering your questions I will. This is just the way I do it. Of course there is a bit more to what I will explain. 1) I count when there are bars with small wicks heading to the MA. I ignore the little bars, my logic is, market ...

CHOROS System

GBPUSD 15M 10 touch — The market blow through the H1 confluence and then retested the H1 35/50. The test was in conjunction with 15M 10 touch and M5 23 rejection. I shorted it for 14 pips, exit was at a M5 previous price action.

Record keeping and personal challenge

EURUSD 15M 10 touch — My first trade to day was a failed trade for -9 pips. There was a H1 confluence under the setup and I was expecting the market to touch 1 of the confluence by entering in a 15M 10 touch with a M5 rejection. But market ...

Record keeping and personal challenge

Haven't heard of James Harris Simons have you? Please check your facts before posting. Also if you read market wizards many of the fund managers there make more than just 30% a year consistently for years.

Barclayhedge Forex Trader's Annual Return: 7.29%!

Trading during asian sessions??? — I have been limiting myself to markets after london open with the reason that the market is less volatile b4 london. However a few times when I foresee swings from the HTF, market will not wait until london ...

Record keeping and personal challenge

Damn! what a contrast to what you were not too long ago! Not too long ago you were trying to convince me that psychology is not important(look at you now lol).

TheChalleger's Journal - My Trading Journey

Account killer setups — The M15 10EMA was steep, there was a nice M5 rejection that was good for a couple of pips. BUT it would have been a risky trade IMO, not only was there H4 35/50 underneath but if you look at the H4 chart bellow the TMA ...

Record keeping and personal challenge

This is why I always get confirmation from the smaller TF and I never trade choros setups purely with just the higher time frames. I was at a function and couldn't take any trade in NY but this is the reason why I look for more confirmation from ...

Record keeping and personal challenge

GBPUSD Alert — url

CHOROS Interactive

GBPUSD — Here is the point of interest in GBPUSD. Certain scenarios might play out during the NY sessions. The confluences are DP, H4 10, H1 35/50 and RN. GU is at the lower part of its range, and if weekly market theory holds, GU will not end ...

Record keeping and personal challenge

Market behaviour theory — As pointed out by Naningbob, if you look at the weekly chart of any pair, the candle sticks tend to be full bodied bars compare to the lower time frames. Meaning, compare to lower TF the wicks for the weekly TF tends ...

Record keeping and personal challenge

As a scalper with some experience what work well for me is to anticipate probable trades before it happen. In scalping I don't have time to think, market won't wait for me. If I am late by a minute or even seconds sometimes the market can leave me ...

Record keeping and personal challenge

GBPUSD — I did say on monday that GBPUSD looks to me that it will go bearish for the week due to stated reasons. Well it did and it paid off H1 10EMA, 15M 23EMA and M5 rejection. Scalp for a nice 14 pips with +0.7% TP was at daily S1. I ...

Record keeping and personal challenge

[quote=leemon;5892669]This is such a beautiful system. Straightforward and simple. Thank you Kosta and everyone else for your posts I took the same one too but at AUDUSD because of the 15M confluence.

CHOROS System

EURUSD — heh good point I don't mind people knowing who I am, then again I do mind actually mm, will take down that picture its a real give away! Anyway took another trade in EURUSD 1st 15M 10 touch with M5 rejection. market went up to 6.7 ...

Record keeping and personal challenge