Hi kostas,
is the EMA the same in M5 and M15 ??
is the EMA the same in M5 and M15 ??
CHOROS Interactive 2,625 replies
Money management for CHOROS and other strategies 2 replies
I want to pay off my mortgage asap with Choros 181 replies
3-9% a day with CHOROS? 63 replies
Would you trade this system? New system #2. 10 replies
DislikedKostas: would you also share your
1. hit rate
&
2. avg. R:R on M5?
3. Also, do you often go beyond 10pips on M5 or do you always kill it after 5-10pips?Ignored
Disliked1. Wait for scoop-up on lower TF (retrace to 10 and rejection)
2. If you mean constrainment, I very rarely trade those
3. Mostly 2 pairs (GU, EU). About 6-12 per week in M5. If you mean M15 setups then probably around 2-3 per week....
edit: here is a picture from my filesIgnored
Disliked1. Wait for scoop-up on lower TF (retrace to 10 and rejection)
2. If you mean constrainment, I very rarely trade those
3. Mostly 2 pairs (GU, EU). About 6-12 per week in M5. If you mean M15 setups then probably around 2-3 per week....
edit: here is a picture from my filesIgnored
DislikedThat was my choros trading frequency too 2-3 per week mainly due to missed setups. I wonder how some of you successful ones can sit around the whole day and wait. I mean don't you feel bored, tired and finally burnt out?
With choros I am not mentally and technically as able I guess.Ignored
Disliked
May I ask you a few more questions?
1. What is the average size of your losers? How frequent is your losing day?
2. How many hours on average do you trade now?
3. I know you have posted some of your M5 methods in the last, may I know which M5 methods you are currently used?
e.g. Do you trade M5.12 on M5 chart like M15.10 on M15 chart when there is a clear trend?
Do you take scoop up trade with M15.10 sometimes?
cheers,
kk007Ignored
DislikedAfter days without M15 Dance setups on EU and GU, there are a few today .Ignored
DislikedI wonder how some of you successful ones can sit around the whole day and wait. I mean don't you feel bored, tired and finally burnt out?Ignored
DislikedHey guys, over the past few months, I have taken the time and read Clay's thread as well as this thread. I am not new to trading, but I was looking for another system to play around with, and this one really fit my trading style. Get in and get out in a relatively short period. I currently use Dredding82's Freebie System, which has really paved the road for me as far as my Forex journey goes and after almost 2 years, I still use it with great results.
Now, I am looking to expand my trading arsenal, after doing some research with a lot of...Ignored
DislikedDizzleFX,
With the danger of appearing inhospitable, if you have found a trading method that works for you, DO NOT CHANGE it.
On the other hand, thanks for your good words and we would love to have your CHOROS trades posted in here.
It's always nice to see somebody that has done his homework, had the patience to read both Clay's and this thread and only then start posting here. This is always a good sign that a trader will be successful.Ignored
DislikedA question for Kostas.
How do you generally treat the highlighted situation?
A close just outside the m5 12(so not a rejection) then pretty good pa with pinbars and close inside of m5 12.
No go?Ignored
DislikedI am not trading that late in US, since I don't trust those hours. But assuming that this was normal trading hours, see the chart for what I would have done.Ignored
DislikedI am not trading that late in US, since I don't trust those hours. But assuming that this was normal trading hours, see the chart for what I would have done.Ignored