I just exited. I got out about six or seven pips above the target. I am sure it will go there but I have to give my kids a bath. We are going out to the store. I am pretty happy I took 75 pips today and the total EU range is currently 64 ...

Ramblings of a Forex Junkie

Stops gave in, next target is the base of the German news bar.

Ramblings of a Forex Junkie

Trades one and two.

Ramblings of a Forex Junkie

Seneca three is up and flying. I unlocked all the stats. All testing trades are closed out and all the evidence is erased. I cannot guarantee that I will not lock this up some time in the future. Lee is coding something for me and if the tests are ...

Ramblings of a Forex Junkie

I am not sure if you noticed, but you took seven points out of an eight point day range.

Ramblings of a Forex Junkie

The world is full of people who give up. Be different. Be a winner.

Ramblings of a Forex Junkie

Over the years I have tried just about every indicator and combination of indicators you can imagine. My conclusion is that I should take pretty much every level (except during big news events) and make sure to get bigger winners than the losers. I ...

Ramblings of a Forex Junkie

I am experimenting with a couple of things that center around the NY and London closes. I am attempting to find something that gives me a good shot at decent profits that will signal entries during the later NY session or Tokyo. That trade was just ...

Ramblings of a Forex Junkie

Excellent trade. I fell asleep before this hit. I was watching it and should have entered a pending order but I often like to do the entries manually.

Ramblings of a Forex Junkie

Happy to share. I don't always get the most out of my trades. I am always struggling to get the maximum from each trade but sadly I am often the victim of my own frayed nerves and outside pressures. I did get a little more than 2/1 RR on that one so ...

Ramblings of a Forex Junkie

I guess the test wasn't as disappointing as I first thought. Hopefully my exit won't be a disappointment. Sixty can sometimes be tougher than fifty.

Ramblings of a Forex Junkie

Good morning/afternoon/evening. I have finally selected a broker and will be funding my main account by wire today. The test account I have linked will cease to be a test account and will be traded as my main account beginning tomorrow. I will ...

Ramblings of a Forex Junkie

Never, we are not trying to trade the immediate reaction when there would be liquidity problems. The entry Friday was 36 minutes after the news was out. We were back to normal liquidity and spreads at the entry time.

Ramblings of a Forex Junkie

You can't know tomorrow but you can know what has been happening for a few weeks or days in the past. The yen has been a big driver of price since the Japanese joined in the currency wars. Knowing this and also knowing that UJ is a bargain to trade ...

Ramblings of a Forex Junkie

Without getting too specific and encouraging the trolls to come out of the woodwork I will say that it is completely reasonable to expect to make fifteen plus percent with a max risk per trade of one or less percent. Typically expect from two to six ...

Ramblings of a Forex Junkie

The discretion is mostly with respect to the targets I will shoot for and the entries I choose to take. I will normally take any high or low trade. I will not always take opens or closes. If the daily open is only ten pips from the previous day high ...

Ramblings of a Forex Junkie

Last month (actually 4.5 weeks) I made a little over thirty seven percent on the account I had linked here from myfxbook. I never risk more than one percent on a position and often it is more like .75%. The easy thing to say here is that I made 37+ ...

Ramblings of a Forex Junkie

My trade server and home time zone are the same. Eastern US NY time zone. Eastern Daylight right now.

Ramblings of a Forex Junkie

Nice to see. I have been told that the pit guys used ten minutes for ES back in the day. I like fifteen because it gives the news time to sink in and the real move to be decided. Also gives the spreads time to come in to normal ranges too. Everyone ...

Ramblings of a Forex Junkie

I know why this was confusing now. I meant to say the prior WEEK high and said month instead. I was trading to the week high.

Ramblings of a Forex Junkie