The market is in a range..statistically trading these ranges has not been too profitable in the past. Still took a short on the down sloping fork at 1.9917. Stoploss at 1.9935. Profit target of 1.9855. The risk/reward ratio was good. However, got ...

Trading with the Edge.

Got suckered into a classic dumb move this afternoon. Went short around 3.15 gmt at 1.9867. Now from experience i know that unless there is some data release,a sudden and voilent move is to sucker people in. Of course i got suckered into a really ...

Trading with the Edge.

Thats excellent. Good luck for the future.

G/J live after good back test results

Excellent Stuff....very amusing. I am sure a lot of folks here will empathise with you.

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Hi Kipi, Your risk/reward ratio is slightly better than 1/1. In your backtesting what was your success rate? The very best of luck anyway.

G/J live after good back test results

"Strange is our situation here upon earth" remarked Einstein once...i think he must have been following Cable that day. After yesterdays rate cut cable shot up predicatably,then retraced beyond the lows of the day. This morning i was mildly bearish. ...

Trading with the Edge.

Hi — Dopey, i am a closet admirer of you. It was your posts on a Pitchfork thread that got me interested in them last year. As per your recommendation i purchased both Mikula's and Gordon's books. Did you take up the job with Habib Bank?

Trading with the Edge.

Thanks Fxtrader, I cuncur with you regarding the 123 pattern. It is a recurring pattern on all timeframes. May you continue to prosper.

Trading with the Edge.

Not a good day to start a journal. Lots of fundamental data out today at various times of the day. Once the dust had settled after the 2.30 news release, I went long of Cable with a 3.1 reward/risk ratio. Cable lost its upward momentum and came back ...

Trading with the Edge.