For years I couldn't see the bigger picture of profits in forex. I've seen 3-5% a day, I knew that you can turn for example 1k into 1m, but I couldn't see, couldn't understand time between. Recently I understood. I used to play with excel checking, ...

I want to pay off my mortgage asap with Choros

And that's how I screw. Quite often I have profitable day, let's say 4-5% profit and I want to trade again rather than letting it go. Rest of the story is easy to predict I had problems with understanding bigger picture, understanding time, ...

I want to pay off my mortgage asap with Choros

Trade taken with mobile, so closed it quick. Entry at 123.31 - reason was price constrainment at 10 ema (blue line) and pin going down (green circle) Exit due to fact that price hesitated too long for a while at 123.24 - as you see I could've get ...

I want to pay off my mortgage asap with Choros

Time to re-start the thread. Still same targets, still same feelings, still same ideas, same wishes, maybe this time I'll make it. Been working on myself, maybe this time ;-) Maybe ;-)

I want to pay off my mortgage asap with Choros

I use 10 pips sl. Then adjust sometimes if needed.

CHOROS System

Took this one. Closed me once on the small bin that went below 10 ema, then took it again and gained 21 pips. Computer goes off. Gotta go to garden ;-) Living of it would suit me, as I like being at home, except some bicycle/car trips, commuting to ...

CHOROS System

on 15m 35 and 50m weren't paralell so it indicates possible reversal, especially that price held above round number for a while (1.1350) 4h - green inner bar (kind of pin bar) after wider red one, both tested and rejected by earlier resistance point ...

CHOROS System

Last trade for today, as I still do silly mistakes I am away from the desk for today. Entry at green point - rectangle, and it has been confirmed it's right entry - the pinbar away from 10ema Exit at green point - 22 pips profit - yellow horizontal ...

CHOROS System

I was talking at the time when I've seen it - price was trending, and there hasn't been first pullback towards 10 ema yet - but it never appeared anyway, so it doesn't matter

CHOROS System

Can't see any potential for nearest time. I am stuck in short on EJ

CHOROS System

I monitor 4 pairs, and seems like too much sometimes, not due to amount of signals but due to fact you need to check 4 pairs. This is the trade I was hesitating to take, could get 15 pips of it (Edit - 30 actually). 10 ema price constrainment PS: ...

CHOROS System

Sorry for bothering you, but can you please explain idea of scoop up?

CHOROS System

I focus only on easy PA, nothing advanced. I know there are 1000 pages books on it, but I prefer simple PA. As about focusing on first touch - how many do you find? How many hours a day do you spend on it? How much profit/pips/% you are capable to ...

CHOROS System

I am back but still struggle, mentally and timewise and still do mistakes due to greed and not understanding the time. Did my over 3%profit today anyway ;-) As far as I remember Clay mentioned that PA signals are good as well. So often I do entry ...

CHOROS System

If rectangle is after strong move up/down and does not appear below/above round number (against trend), or below or above daily pivot (against trend) or some support/resistance point (against trend) then it means the trend will continue In other ...

CHOROS System

Another one - just 8 pips - bounce off round number, exit as the price was hesitating Edit: also the reason for exit was that price stopped on the other side of 10 ema - indicating possible reversal in trend. At the moment price went up 20 pips - I ...

CHOROS System

First trade of today - I've noticed rectangle so my long entry was at green circle, exit at red circle with 17 pips profit - great beginning of the day ;-)

CHOROS System

Rules are pretty much the same, just you don't need 5 ema. Best time frames for me are 15minutes, I look sometimes at 1h and 4h, rarely 1d, but it's just to check long term trends.

CHOROS System

Price action has formations. Let's say my favourite to trade - pinocchio by James 16 - it is formation made of 3 candles and works well with 10 ema. Properly you should enter after last of 3 candles of formation closes with sl above mid candle's ...

CHOROS System

Maybe you enter before last candle of formation closes? Besides PA is better on higher timeframes, safer. As about PA - have you been to Nial Fuller's page?

CHOROS System