EU heading south — I have 1.3212 marked as H1 S/D line (pink line) dating back about 7 weeks. Even though this line has been breached in both directions, price still reacts to it. It bounce off it to the pip! Continuing south now (hopefully), ...

PA by Julexo

EU — Nice, Mitch! I have the same TL on my chart. I woke up late this morning and missed the first *almost* touch and entered late anyway. Just checking on the trade from work and saw it get stopped out by that big spike 15 mins ago - that ...

PA by Julexo

EU tg? — Is this where you decided your tg?

PA by Julexo

Thanks! I'm still learning SD but getting better. I took the setup on M30 and managed on M5. With all the downward pressure I went to BE quick, then trailed SL at M5 candle lows, or TP +10 whichever was first. Not good RR going in, still have to ...

PA by Julexo

EU closed — Out with 10 pips.

PA by Julexo

EU — Long H1 Demand - good history in April at this level. Tight SL. Hope I'm doing this right!

PA by Julexo

Julexo, I think you have cheat codes. I have been following S&D for a few months now. I want to learn how you read price action. Congrats on your thread!

PA by Julexo

I will be interested to know how it works out. Mega pips to you!

The life of a trading system on Forex Factory

I haven't read Sonic R. The best method I've found so far is Choros. I've had mixed success with it. My failures are mostly due to lack of patience waiting for by-the-rules setups. The best teaching I've found is the Supply/Demand teaching in the ...

The life of a trading system on Forex Factory

mmaker, I see you really like Al's TMA system. How much have you profited using it? If you've posted it in the TMA thread, then I apologize for not knowing. But I haven't seen you post anything like that in this thread. Just curious.

The life of a trading system on Forex Factory

Follow up — Here are some traders and threads with real value. Traders who IMHO walk the talk. You may disagree. At the end of the day, we all decide for ourselves. Mega pips! AF Choros System url Price is Everything url Romancing the ...

The life of a trading system on Forex Factory

Yes, I wrote a few posts in Al's thread. I gave his teachings an honest try. But it didn't work for me. Since you asked me, and to help you since you appear to be a noob (judging from your posting history), I will be happy to share why. This was ...

The life of a trading system on Forex Factory

That's great... for Alorente. But for his readers... not so great. They will only find that none of it works for them.

The life of a trading system on Forex Factory

Fortunately, all threads here are not the blind leading the blind. There are a few that are the first kind: traders who are successful and helping others gain knowledge and confidence. It sometimes takes a lot of reading to distinguish one from the ...

The life of a trading system on Forex Factory

Remember, Choros is trend-based: See trend, wait for pullback (according to rules), enter into trend continuation. Choros rules are "don't trade when market is ranging/sideways." At least, not until you are very good at it. As you pointed out not ...

CHOROS System

Hi, ForexForce. The simulator is a great way to practice spotting setups. For me, it's also a great way to practice NOT taking every setup I THINK I see! The drawback is, indeed, that you can't see multiple time frames. Try using the collection of ...

CHOROS System

Actually, I agree with you. I just had to amplify your thought for the humor value! I spend a lot of time with spreadsheets and calculations looking for a mathematical/statistical edge. Haven't found a good one yet. I'm not sure I have the math ...

The life of a trading system on Forex Factory

This thread is THE MOST ENTERTAINING I have ever read on FF. I'm not learning anything concrete, but there are some eloquent writers here and, apparently, experienced traders, and that's worth my time to follow. Without trying to sound too strident, ...

The life of a trading system on Forex Factory

I guess the system is so bleeding edge that no one but the OP and a few noobs are truly able to make it work. It just won't work without a huge drawdown. You MUST let it go AT LEAST 100 pips against you or you're going to lose all your money. ...

The life of a trading system on Forex Factory

Agree. I have been at this about 1.5 years and I'm just emerging from that state. I think no one mentions this because they are embarrassed to admit it. Personally, I don't care whether I admit it or not, especially in an Internet forum ...

The life of a trading system on Forex Factory