AUDUSD Short order #1 hit stop loss and Long Order #2 opened. Now we wait and see what happens. image

FX Rogue Wave 6.4 Trading Journal

Ok, so much for the double bottom on AUDUSD. Price continued down and crossed RED SHORT entry point and Short order opened. Continuation of trend or will the double bottom hold and just the market open gap cause a potential bad SHORT entry? Now we ...

FX Rogue Wave 6.4 Trading Journal

Ok, little gap down on AUDUSD. I will give it a shot. image

FX Rogue Wave 6.4 Trading Journal

I can share an experience that I had recently if it helps. For months I had been trading profitably. Then I was asked to trade on someone else's account for a piece of the profit. That made me over confident and my ego swelled. But, I found that ...

How to manage your ego and stay humble?

Based on the chart above, AUDUSD looks to be a likely candidate provided there is not a large gap at market open in a couple hours

FX Rogue Wave 6.4 Trading Journal

Once I see a double top or bottom form on the chart, I will zoom in and correlate the EA with the chart to see if I want to trade that pair.

FX Rogue Wave 6.4 Trading Journal

Ready for the week. Watching the 7 preferred pairs with chart period covering last 8 trading days. Looking for extreme highs and lows. image Avoiding RED news times

FX Rogue Wave 6.4 Trading Journal

Ok, so I have already been asked. If I believe in my system so much, why only start with $500. Not $10,000 or more? My answer to that is simple. Because $500 is a little more than the minimum needed for my algorithm to run with a maximum of 5-6 ...

FX Rogue Wave 6.4 Trading Journal

And if you find that 2, 3, or 10 martingale iterations work for a positive equity curve, then calculate that the maximum iterations you use only constitutes a small percentage of account balance. Leave room for the account to breath. Losses will ...

FX Rogue Wave 6.4 Trading Journal

If you use a martingale in your own designs and it runs great for days then blows the account, try limiting the number of iterations to a level that the wins outweigh the losses which is the true end game we are all after. If no matter how few ...

FX Rogue Wave 6.4 Trading Journal

If I can prove anything by posting this, it is the "possibility" that the dreaded martingale can be tamed and used safely. Again, speaking as a gambler and not as a trader.

FX Rogue Wave 6.4 Trading Journal

Celebrating 6 month milestone on initial test account

FX Rogue Wave 6.4 Trading Journal

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FX Rogue Wave 6.4 Trading Journal

Speaking strictly for myself, I learned something interesting over the past few months. For years, I have been looking for something that worked for "me". So many attempts, so many failures and disappointments. And then when I developed something ...

(binned per thread starter’s request) FX Rogue Wave 6.0

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(binned per thread starter’s request) FX Rogue Wave 6.0

I have elected to withdraw my EA from public sale. As I have mentioned before, I just enjoy trading and developed the EA for my personal use. I thought I would give it a go in selling it. But, that has lost it's allure. I really do appreciate the ...

(binned per thread starter’s request) FX Rogue Wave 6.0

When placed on a chart, the EA will place guide lines with entry and exit points based on x number of pips from current price. Top of channel a blue line will be created for Long entry point and Bottom of channel will be Red for SHORT entry point. ...

(binned per thread starter’s request) FX Rogue Wave 6.0

I apologize for indecisiveness on whether to offer signals or sell the EA. Frankly, I do not have much positive experience in these matters. In a casino, I walk up to the table and throw my cash down. The dealer gives me chips for my cash and I get ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Moved Signals to private. If anyone is interested down the road, let me know.

(binned per thread starter’s request) FX Rogue Wave 6.0