Advice From Someone Who's Been There — Hey Brendan, First of all, thank you for your well thought out system. As someone who has been in your shoes several times(releasing a new method to the scrutiny of Forex Factory), I would care to caution ...

The "Weighted Taylor" Method

Exits and Such — Hey Jest, Thanks for your very nice post! Jacko does indeed use trails, and for this reason, I have devised a very loose exit strategy. When the time comes, I will explain this later, but rest assured, I DO have a last resort ...

Pip Farming: An Experiment

I'm Dumb — Wow... I'm dumb. You know Jacko's anti-hedging? It just really screwed me over. I understand that it is bound to lose sometimes, so I lost around 50 pips on each of the limit orders I placed above. The thing I don't get, is why I ...

Pip Farming: An Experiment

Hey StockKJay, First of all, thank you for your great post! I'm sure it not only helps others, but it also helps me to hear a fresh opinion every so often. Thanks for your time and the nice review Kevin Hmmm... This is a great question. As a ...

Pip Farming: An Experiment

A View From an Optimist — Alright, I consider myself a bit of an optimist, so bear with me I'm in these trades because I think I am going to win. In my view, your mentality goes for any trade and any trader. Sure the trend could always ...

Pip Farming: An Experiment

Not Every Seed Makes a Plant — Appreciate the good marks. Thanks for following along; hopefully the outcome will be mediocre or better. Well, as the title says, not every seed makes a plant. Unfortunately, the market had a big swing against ...

Pip Farming: An Experiment

Am I Dumb? — Thanks john! Thank YOU for sticking with me through all this time(It seems like it's been a while) Well, I feel really dumb right now, but sometimes you just gotta go with your gut. I was stopped out of 2 GBP/USD Long lots at ...

Pip Farming: An Experiment

Allow me to be the first to wish you good luck, man! And if you like the Grateful Dead, you're alright in my book, even though I'm only 20! Regards, Kevin

What a Long, Strange, Trip it's been....Musings of an aging Hippie

Nice! — Nice trades mate! GBP/USD suckered me too but my outlook is still pretty bullish. Good luck, Kevin

Karmostaji's Journal

7-19-07 Update — Well then, GBP/USD is being a stubborn bugger as of late, so I'm just going to let it simmer down for now. It has fooled me twice and I believe that's shame on me. -53 pips there. AUD/JPY and EUR/AUD were looking good for ...

Pip Farming: An Experiment

Long GBP/USD — I am not actually going to place another lot now, but I was just posting because I think there's a decent chance for folks not Long GBP/USD to hop on IF YOU SEE A BULL OUTBREAK ON THE HOURLY. I think it may be coming.. Things ...

Pip Farming: An Experiment

7/18/07 Update — Alright, my S/L on GBP/USD was hit on my latest added lot for a total of -53 pips. I went ahead and re-entered today for a few pips less than yesterday. Long GBP/USD @ 2.0543 S/L = 2.0491 Total UNREALIZED Profit -- 1405 pips ...

Pip Farming: An Experiment

Glad I looked at your journal! I missed GBP/JPY... I'm in it with ya Good luck, Kevin

Karmostaji's Journal

Long GBP/USD Again — I am entering in another lot GBP/USD. Usually I enter on retracements, but I don't see this retracing any time soon. We'll see... This experiment is turning out good now, but conditions are ideal now, and it won't always ...

Pip Farming: An Experiment

7/17/07 Update — It's lookin' like some good pickins Stopped out of AUD/NZD for -61 pips. GBP/USD is my cash cow right now, and as my 3rd lot approaches 100 pips profit, I may have to enter another lot soon. Total UNREALIZED Profit -- 1146 ...

Pip Farming: An Experiment

Exiting — Hey karmostaji, I was wondering if you've given your exits any thought or whether you plan on relying mostly on your moving stop? Kevin

Karmostaji's Journal

I'm not sure what your question is Lou. Maybe you can put it in simpler terms for a simpler guy. I will tell you that spread is one of the most trivial things to me. When I am shooting for 1000 pips, 3 pips of spread is the least of what I think ...

Pip Farming: An Experiment

An Update — I may have entered another lot or two since last time. Definitely another one in NZD/USD. But here are my trades as of now. Total UNREALIZED Profit -- 624 pips Total REALIZED Losses -- (392 pips)

Pip Farming: An Experiment

Short USD/CAD and Long CAD/JPY — I have entered another lot in Short USD/CAD since I am nearly 100 pips up in profit, and it came from a small retracement, showing some more bearish movement. Short USD/CAD @ 1.0428 S/L = 1.0481 Also, I entered ...

Pip Farming: An Experiment

Planting more seeds — I am planting more seeds in AUD/JPY and AUD/USD. I figure I will do this around 100 pips or so when it looks good. Here is an example of why I like it. I've been using rainbows a lot on a very zoomed out time frame. ...

Pip Farming: An Experiment