What I do is I enter when there is confluence of PA and 10 ema for example. But when PA is against EMAs then I skip trade

CHOROS System

Because I thought its bouncing off already

CHOROS System

Unlucky trade, that after hitting my sl got the right direction. Entry was at green line more or less, got up just to close my trade and went as I was expecting. Could've try again but who knew ;-) I seriously overtraded today so am off for today. I ...

CHOROS System

You cant catch whole moves all the time focus on long term goal

CHOROS Interactive

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CHOROS Interactive

I got only 1 pip on this one as I wasn't sure if I read formation properly - I could see there rectangle (blue lines - indication of continuation of trend), triangle with even length arms (violet triangle - also indicates continuation of trend at ...

CHOROS Interactive

Now this one took me over an hour in total. Entry for 2 positions - each 1% risk at green circle, then the formation called pinocchio marked with pink circle confirmed I should stay in the trade, exit at red circle with 11 and 14 pips. Just remember ...

CHOROS Interactive

That sounds good. I remember original Dance manual says you can get from 100 to 1mln within a year which seemed for me too unreal. Last question: when you started were you risking only 1% per trade or was it more? Manual says risk 2%at most. Btw ...

CHOROS Interactive

I know, the 40 pips were some years ago ;-) What I am on about is how long do you have to stare at screen per day to get the 2 trades. Personally I find 9am -12 pm London time the best time for trades. As I wrote some days ago I am back to choros ...

CHOROS Interactive

Hi Kostas - just a quick one - you wrote somewhere that all you needed was 40 pips a day - how long was it taking you to get the 40 pips?

CHOROS Interactive

This is the main problem. People leave jobs to become "professional trader" - it's funny and it's stupid. People pay in 1000$ into their account and think they will rule the world. Nothing against confidence, but you have to think realistic. If you ...

I plan to quit forex!

One of my two trades (second was on GU with about 7 pips profit) In this one entry was after price went off 10 ema - pinbar, then together with previous and after candle it creates formation (circled green) called pinocchio in James 16 - exit was at ...

CHOROS System

Took one more and now it's time for training ;-) EU - only 10 pips tp set as I don't believe it will go down much On the picture you see rectangle (two pink lines) forming that goes into constrainment at 10 ema, price sticks below yesterday's ...

CHOROS System

Had 3 trades of similar type today (EU, GU, EJ), all profitable, but the best was on GU I've seen strong trend down, and rectangle forming, so entry was at 1.3929, exit due to round number at 1.3899. It had potential to go down over 40 pips imo, but ...

CHOROS System

These guys are looking at some bullshit imo and I am not talking about the guy from film but about guys who have plenty monitors in general ;-) Bestides remember: TVN lies

CHOROS System

Next one - triangle forming with price contraining at 10 ema - took only 10 pips, but hey, it's 1% profit, the way I see it now, it went more down, but you can't predict future ;-)

CHOROS System

And here is nice example how previous support becomes current resistance on 1.54 area - Was too cautious to short it, but might be price will get back to 1.54 and then I'll take it.

CHOROS System

Unfortunately I ignored "rectangle" formation - it was good point for entry but on 1h chart it looked to me that 1.1080 has been rejected twice so I did not open the trade - bit pity as it could give some nice profit

CHOROS System

Hi Guys. I spent weekend on studying PA as I think about coming back to FX - will also study basic formations of James 16 plus will study Dance manual again even tho I've read it few times already. After nearly year of rest my brain got in proper ...

CHOROS System

Hi guys. Is the method still profitable? I remember I was doing great with it and could do 30-60% a month, and then something wrong happened. I've read manual second time, understood what mistakes I was doing with entries (even if they were winners, ...

CHOROS System