The only thing stopping you from finding success is the six inches between your ears. I just showed you something that has made money hand over fist for years and can be tested and verified. If you don't run with it then you just need to take ...

Ramblings of a Forex Junkie

Now quit complaining how hard it is to find a method and go do the work necessary to find these and make sure that your psychology is up to the task of making money when the market throws it at you. Only trade at extremes of price and only in the ...

Ramblings of a Forex Junkie

Just so you don't think I have to go way back into history to find good trades here is UJ Tokyo last night and NY today.

Ramblings of a Forex Junkie

Read post 3470 two or three times until you fully understand what I am pointing you to. There are three major session openings during the forex day. London, NY and Tokyo. These openings give opportunity if you are looking for the right set of ...

Ramblings of a Forex Junkie

The first fifteen minutes of the NY session. This is the classic definition of an opening range. No waiting for a retest. No waiting for a close just trading the breakout of the first fifteen minutes of a session at a few specific places.

Ramblings of a Forex Junkie

If trading is what you want to do most then use that desire to craft a punishment when you break the rules.

Ramblings of a Forex Junkie

Since I am here today I want to leave you guys with a great metaphor that explains trading. I have a friend who has a chain of beach shops in Myrtle Beach SC. He sells several million dollars worth of t-shirts each month during the summer season. He ...

Ramblings of a Forex Junkie

Just so you don't go chasing the wrong rainbow here is a perfect example. Notice on 30 April the NY opening range is testing the day low area here. The day low was put in by testing the weekly open a couple of hours before the NY open. This price ...

Ramblings of a Forex Junkie

I'll respectfully disagree. How do you properly measure the worth of a method if you can't even follow it faithfully due to psychological deficiencies? I will give an example. Some of you will read this and it will go no further. Some of you will ...

Ramblings of a Forex Junkie

Just remember we often build our own barriers. It is as simple as taking a look and saying to ourselves; I am not performing properly and I need to take a break and review my rules. We can then ask the question; Did my rules let me down or did I ...

Ramblings of a Forex Junkie

You guys are reading too much into this. I had a couple of bad days and drew down less than five percent. I was trading my fundamental view on the Euro and I chose the wrong pair to trade that view. More importantly I was ignoring my method in order ...

Ramblings of a Forex Junkie

Not really back but I will pop in from time to time. I know what you are saying and I am working on extending my targets. One of the things I have been working on this week is trying to ride a move for more than one day. It is not an easy thing for ...

Ramblings of a Forex Junkie

I always liked Aztecs. I never got to fly one. I have many hours in senecas and twin commanches. Funny thing about the twin commanche and Aztec. Same speed but the commanche burns half the gas. Can't beat the load and short field capability of that ...

Ramblings of a Forex Junkie

Nothing really happened Billy. I had a couple of bad trading days and took a break. I always warned that my test account was likely to go back to private status as I still always test new things and don't want anyone to be following experimental ...

Ramblings of a Forex Junkie

I have to tell you Steve, it wasn't the method that let me down last week. The method performed flawlessly. I let me down. I was explaining my problem to Lee on the phone last week and it came to me rather quickly. I had a bias. I was paying too ...

Ramblings of a Forex Junkie

Something for you all to chew on when I am not around.

Ramblings of a Forex Junkie

Thank you all very much for the kind words. Chris.

Ramblings of a Forex Junkie

No, I am back to exploring experimental entry methods and don't want anyone following trades that might not work out. I have a new thing that centers around the session closes. All the things I find myself trading are off the levels in this thread ...

Ramblings of a Forex Junkie

I am sure that many of you have seen by now that I have made the explorer private again. I have had a two day long conversation with my wife and this has resulted in my decision to remove this thread from my daily routine. My children turn one year ...

Ramblings of a Forex Junkie

I am a perfectionist. It still causes problems for me. I know I have to be accepting of losses and draw downs but I still have these struggles. This is why it is number one on my list of required skills. You must be willing to take a loss. For me to ...

Ramblings of a Forex Junkie