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Ramblings of a Forex Junkie

url I linked it in the thread twice but the thread grows so quickly that the links get lost. I may link it in my sig.

Disciplined -The PAMM Account

[quote=diamonddbw;6592507] It's funny, if you started a thread on the forum dealing with time zones it would quickly out pace all other threads combined in both views and posts, all filled with people arguing when a given market opens. There would ...

Ramblings of a Forex Junkie

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Disciplined -The PAMM Account

This is where your averages come in from the data collection in back testing. Yes ATR is huge right now because there have been some big range days of late. You don't really need more than about 30 to 35 pips though. I would have used 35 last night. ...

Ramblings of a Forex Junkie

My maximum draw down for the period was 2.38%. You would have to add all the small draws below the start value and below the high water marks to come up with the number that they have. I guess you are right it is a cumulative value. Misleading stat. ...

Ramblings of a Forex Junkie

If you want people to join your PAMM you are going to have to be a little more transparent. It is ok to have your open trades hidden but your balance and equity need to be made public on your myfxbook account. No one has any way to determine whether ...

Disciplined -The PAMM Account

There is an interesting question about the stats at myfxbook. In the information column to the left of the growth graph the second section down shows daily, monthly, and drawdown stats. None of these are equal to my actual stats. I have to assume ...

Ramblings of a Forex Junkie

I only really use London close for GU and GJ. The daily open on EU produced a loss on the initial short this morning. The Tuesday high was a short trade and is in floating profit right now. I would not take the daily open long after shorting from ...

Ramblings of a Forex Junkie

Yes I only use London close from the previous day I don't go back any farther than that.

Ramblings of a Forex Junkie

You could play it that way however the inside bar top if broken runs right into heavy resistance at the Tue. high. No room for a trade.

Ramblings of a Forex Junkie

That is correct. If the new trade from today reaches 1/1 then you would move all stops to today's break even level.

Ramblings of a Forex Junkie

When I say the Friday close I mean the Friday NY close. On my feed the Friday NY close on GU was 1.53248.

Ramblings of a Forex Junkie

I don't know if you can trade. I don't really care. I do think it is a little bit childish to have this debate on TPO trader's thread. Unlock them on your thread and do this there please.

The Trader Behind the Trade™

What happened? url

The Trader Behind the Trade™

The yen will rise. It is the Asian safe haven currency.

How will North Korea's threats influence the Yen?

Lots of orders do pile up at the session opens. Its mostly dumb money. The thing to look for is where are the nearby significant levels and make sure to either trade away from them only or be ready to take profit quickly when price reaches the level ...

Ramblings of a Forex Junkie

It is basically the same thing. London closed there for a reason. The old highs were more than likely that reason. We are on the same pond just sailing two different ships.

Ramblings of a Forex Junkie

I actually agree with you mostly. The highs and lows that form on charts though often form around these prices. Tomorrow the low we long or the high we short may have been caused by those closes. It chicken and egg. I just happen to believe that ...

Ramblings of a Forex Junkie