I don't have a daily or weekly earnings target. I take the trades and let it all work itself out at the end of the week. When things are really cooking well why would you want to shut down at an arbitrary target? The bad weeks are not too often but ...

Ramblings of a Forex Junkie

There is a lot in this question: First if you are thinking of taking a course where indicators are taught as trade triggers, do yourself a favor and skip it. Second, I would suggest that the trading books you read be kept to a minimum. You should ...

Ramblings of a Forex Junkie

If you use MT4 for charting you can place an EMA on top of your ATR indicator. The purpose for this is to smooth the data a little bit to average out the really big days and the really small days. If the opening range trade is not triggered within ...

Ramblings of a Forex Junkie

I haven't heard that song in ages. Thanks. Anyone remember this? video

Ramblings of a Forex Junkie

Happy to oblige: We lost a great one when she died. video

Ramblings of a Forex Junkie

I absolutely love his last two albums. The old stuff was good but these are great. video

Ramblings of a Forex Junkie

That's pretty good. Me likey. Here is one of my all time favorites and a funny one too. video video

Ramblings of a Forex Junkie

I didn't touch it. I had a laugh watching it. If it was extracted I didn't do it.

Ramblings of a Forex Junkie

20% of the four period EMA of the four week ATR. Say it three times fast. :-)

Ramblings of a Forex Junkie

RIP video

Ramblings of a Forex Junkie

All day long while I am trading I am listening to great music and pouring through charts looking for patterns. I have found some great ones listening to Johnny Cash, John Prine, George Jones, Jerry Reed, and the other greats. I like all types of ...

Ramblings of a Forex Junkie

Its NY open from Friday, not really that significant. It looks like it is following EU today. EU going down off last week high and EJ following.

Ramblings of a Forex Junkie

Welcome!

Ramblings of a Forex Junkie

I am not trading today just watching. I am watching the yen pairs today, looking for patterns.

Ramblings of a Forex Junkie

London and NY closes. EJ is the pair I am watching today also. EU is taking off and EJ is not. EU really gave nothing in the way of entries this morning it just took off and went straight through the Friday high. Mondays can be this way sometimes, I ...

Ramblings of a Forex Junkie

London is on GMT during standard time. Currently it is on BST which is one hour ahead. Please lets not go down the time zone road, it will derail the thread for two pages. I am much more concerned with the closes these days for a number of reasons. ...

Ramblings of a Forex Junkie

The daily open is always three hours before London open. The GMT can change because of the change to summer time in Europe and the UK. I always make it three hours before London open. I cannot change the old posts at this point.

Ramblings of a Forex Junkie

Japan and China on bank holiday. Likely nothing happening until London.

Technical Analysis Fallacy

I saw one of his webinars a few years ago. I thought it was pretty good but never really tried to practice it. I didn't have access to the book and the webinar didn't really give all the specifics. I do know that PTJ wrote the forward to the book ...

Ramblings of a Forex Junkie