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CHOROS System

GBPUSD — GU is in a Down trend as per my market reads from yesterday. Took 8 pips here at the 1st touch of the 15M 10. +0.67% I hesitated to enter GU at DP H4 10 even though we are in a down trend. Perhaps it is a personal problem due to being ...

CHOROS System

Nice trade, I took that one too for 7.5 pips. TP was at the low of previous bars. I didn't get in with M5 my trigger was the 3rd pin at the 15M 10. I use half my position size for this one. My total pips today is 22.5 pips, 1.1% today. I think ...

CHOROS System

Nope but I bought AUDJPY at DP and H4 10. Traded with the trend.

CHOROS System

My reads for the week — EURUSD Is showing a ranging market in H4 and D1 using NNbobs market read method. The market is near a 2 weeks high so I will be bearish on this pair and will be looking for shorts if it can break through the weekly ...

CHOROS System

I couldn't find anything to trade today but I am seeing valid setups in the AUDJPY pair. I will be watching the JPY pairs. Currently the JPY pairs are in a HTF up trend so choros signals there should be easier on the account. Unfortunately I haven't ...

CHOROS System

AUDUSD — Taken this AUDUSD. It was the 1st touch of the 15M 10EMA so I waited for M5 to cross the M5 MA. The red lines are the SL and TP. TP for 9.8 pips. The HTF for AU show to me that it have cleared last weeks high, with no supply zone(that ...

CHOROS System

Thanks Haydel The setups that you are showing now use to work really well last year and january this year.(I was making 2-4% every week just trading that) But then from febuary onwards this year this setup have been failing with long losing streaks. ...

CHOROS System

AUDUSD — Took a -12 pips lost in AUDUSD at the 1st 15M touch even with M5 confirmation. Upon further inspection the pair was trading at the weekly R1 and it is at the last weeks high. Shouldn't have traded into a supply area, at that time I ...

CHOROS System

My mistake was after reading the manual I use real money straight away and lost 1% of my account. If you are beginner don't use real money. Many many people have tried this strategy and fail just read through this thread and see for yourself that ...

CHOROS System

My personal opinion is to backtest yourself to find out certain settings(like the best SL or TP). It is better to backtest manually than through EA because you'll learn a lot than if you automate the backtest. I use EA to backtest once I think I ...

Nb 10.0 trend trading system

hehe this question never gets old, should a guideline be on the front page??. I personally place mine at the nearest pivot.(WP, WR, WS)

Nb 10.0 trend trading system

I hope win 7 will stay for a long long time because win 8 have a kill switch url I am going to avoid it like a plague.

OANDA Discussion

Hey there I took the same trade too but I entered when the M5 candle cross and close on the other side of the 12/23 MA. Double top gave more conviction. 1st TP hit 13 pips the 2nd hit breakeven.

CHOROS System

I did a backtest not too long ago on the concept you just described url So maybe the method do have some legs. While backtesting I notice that having a large enough SL gives a good edge. I also feel that exiting a second trade when the slope goes ...

Nb 10.0 trend trading system

Today have been particularly good for choros.

CHOROS System

Thanks guys, I really appreciate honest comments I have been about breakeven myself since the last 3 weeks. I will only trade when both D1 and H4 slope confirm it. It is what I have tested. I don't trade range, not yet....

Nb 10.0 trend trading system

Yeah I think you have a point about stoploss size. My sl yesterday was unusually tight because R1 and R2 is very close. I would have taken partial losses today (slope <0.4) if I had bigger stops. I will have to look into other stoploss criteria. ...

Nb 10.0 trend trading system

JPY trades — Yesterday's JPY long trades nearly wiped out all my profit this week. I took the hit on NZDJPY and AUDJPY. Update I entered long GBPJPY.

Nb 10.0 trend trading system