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mtruefx replied Feb 20, 2020EURCHF - 15 min chart, touch trade of 35/50, looked like a nice trade to me; 35/50 right on top of each other, but stopped out at 6 pips (pip count is very 'low' on this pair)
CHOROS System
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mtruefx replied Feb 19, 2020Wouldn't the perfect entry be one bar before? Where it close's 'dead end' or do you wait until it moves away from the MA?
CHOROS System
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mtruefx replied Feb 12, 2020Nice.. but just to be sure.. cross and retest of which MA? And also what chart is this (Pair/timefra) ?
CHOROS System
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mtruefx replied Feb 10, 2020I was also stopped out of this one, so that makes 3 of us at least
I took it directly at the touch of the 35 SMA on the H1, it even looked like a nice 2 bar retest on the 1 hour chart (and all MA's poiting down on higher timeframes). I like your ...CHOROS System
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mtruefx replied Feb 8, 2020[quote=jarfx05;12744780] The way of the reader is the way of the wolf. I don't know what that means, but lets say so

has anyone EVER seen a successful trader/trading system?
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mtruefx replied Feb 8, 2020Anyone who will be able to code an EA that open a trade on a specific time everyday, if it open a buy or sell should depend on which way the market moved for a XXX amount of hours before the specific time? The EA should also close this trade ...
I will code your EAs and Indicators for no charge
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mtruefx replied Feb 8, 2020Yes, I have meet some traders that have been successfull for +10 years, BUT just to put it into perspective; their winrate was around 50% but their wins was a bit higher than their losses, looking from a technical view not that impressive... BUT ...
has anyone EVER seen a successful trader/trading system?
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mtruefx replied Feb 7, 2020I was looking to shorting the Chinese index, but I'm surprised how strong it has been even with these news and much of the country being shut down. I don't see as if any changes or cures should be coming in the next couple of months so I'm still ...
The Swamp
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mtruefx replied Feb 7, 2020I'm carefull with sell until I see a clear break and retest of the demand zone, we just might shoot up today catching all sellers on the wrong side.
Cable Update (GBPUSD)
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mtruefx replied Feb 7, 2020Check out Admiral Markets, they have low spread and most importantly they don't charge commisions (check their different account types though). Currently the spread for EUR/USD is 0,6 and no commision.
Currency Grail Scalping System
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mtruefx replied Feb 6, 2020My personal opninion: This is actually a very good example of a trade I would take in the beginning of my journey when I started practicing the Dance and it would usually end up in a loss for me. I would personally not take this based on the 15 min: ...
CHOROS System
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mtruefx replied Feb 6, 2020Two 1Hour 35 SMA touch trades for me today 1. EURCAD - 1hour chart Closed at +21 pips (at the bottom of a range and just before a RN) 2- UK100 - 1hour chart (for extra personal confluence it entered my buy zone). Disregard the second entry it is not ...
CHOROS System
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mtruefx replied Feb 5, 2020EURUSD - 15 min chart. Very simple trade, touch of the 10 EMA.. 15 pips
CHOROS System
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mtruefx replied Feb 5, 2020EURUSD - 1 hour chart, touch of 35/50 MA's (nicely on top of each other), perfect entry was 4 pips higher, but I was not in front at the screen then. Closed at +26 pips (this was my target area).
CHOROS System
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mtruefx replied Feb 4, 2020We took almost the exact same trade
I took all profit at the H4 10 EMA (37 pips) as I was a bit nervous taking this trade (since I'm not good at taking scoop up or constraintment trades yet). What i like about this trade is that many retail ...CHOROS System
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mtruefx replied Jan 30, 2020GBPUSD 15 min chart. Touch of 10 EMA, nice steep angle (same setup occured in EURGBP for a sell)
CHOROS System
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mtruefx replied Jan 21, 2020The profitable forex trader don't exist, so I guess it will not be a problem

In 2021, day trading in Germany will be dead
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mtruefx replied Jan 17, 2020USDCHF 15 min chart - 10 EMA touch. I was looking to trade the USD strength and took this for 21 pips (risk was 8-9 pips), exit at the 35/50 EMA (4 hour) that it also reacted perfectly to.
CHOROS System
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mtruefx commented Jan 15, 2020Manipulation of it's finest, buy on rumor sell on fact
Mnuchin: Will Be Additional Tariff Rollbacks In Phase 2 Of China Trade Deal