Disliked{quote} Choros is basically a scalping system. When you see a perfect Choros setup and you enter targeting for 10 pips, you will be profitable almost all of the time. When I trade the M15 10EMA touch I usually target for 10 pips, when trading the H1 10EMA I target for around 15 pips, when trading the H4 10EMA or the D1 10EMA I target for 20 to 30 pips. So in that trade I was targeting for around 15 pips, and as you can see, form the entry point to the pivot line there is around 15 pips, so I was ready to manually close the trade to get my 15 pips,...Ignored
Here is a one minute chart on the EURUSD analyzing the breakout that just occurred. There are clear setups that were not visible on the higher timeframes and the setups gave mad gains with comparatively little drawdown. Obviously hindsight 20/20, but man do these setups look so beautiful.