I 100% agree with it and I preach it. I guess I am as human as the next guy and I can't beat myself up about it. Stop sweeps and clearing of books is a common thing the week of NFP. You know some of these guys already know the number and use these ...

Ramblings of a Forex Junkie

I think I have one very positive thing I can take from today. I feel that I have been somewhat vindicated that the Previous week low held price despite the obvious lack of a plan for the Euro zone. Draghi said it himself when asked. His only ...

Ramblings of a Forex Junkie

Distraction is a factor in my fatigue. It is not an excuse though for poor trade management. It was purely a breakdown in my discipline. The method if properly traded was a spectacular success today. Look at the move from the previous week low. Look ...

Ramblings of a Forex Junkie

Post anything you like Grant. Here I'll throw it up too.

Ramblings of a Forex Junkie

I sold the previous week close into the news and lost my nerve and exited below my normal stop just before the price turned down for sixty pips. I bought the previous week low and covered at the weekly open 27 pips into a 130 pip move. Just crap ...

Ramblings of a Forex Junkie

I followed the entry rules exactly. My exits were crap. It's mental right now, there are things outside of trading that are a distraction and I am tired physically and mentally.

Ramblings of a Forex Junkie

All that crap and I am even for the day. I am tired and pissed. I sold the Wed high and sold into the stops just above the current week high and exited both at the daily open. I have to look at my actions today and do some hard thinking. I didn't ...

Ramblings of a Forex Junkie

Due to NFP tomorrow I will not take the long side if there is a breakout. Normally I would absolutely take it but not today. I also will not make that trade tomorrow, nor any level trades. I only trade the news trade on NFP day.

Ramblings of a Forex Junkie

Normally I would have held the buy at the weekly low and be raking in money right now but he said absolutely nothing Euro positive. I am dazed and confused.

Ramblings of a Forex Junkie

Well I am a bit frustrated. I need a weekend. Dragi said nothing Euro positive so I dumped my long from the weekly low at the weekly open level. Made a profit from that but now I have been taking hits shorting the levels and have lost a percent or ...

Ramblings of a Forex Junkie

I guess investors that only look at return and ignore risk controls will always suffer. A simple realistic stop loss would have avoided the entire situation. Looks fairly obvious from the growth chart this was one of those huge or no stoploss ...

The Trader Behind the Trade™

They're selling yen and buying dollars like crazy. Pending shorts at DO on EU and GU. I am taking a nap for two hours. I am flat now and kicking myself for not holding the news long on EJ. That sucker ran like hell and I missed it. Looking for the ...

Ramblings of a Forex Junkie

Really sucks my news long was up to about twenty pips positive and I moved the stop then just got nipped. I wouldn't do that with a normal trade but with the news stuff you have to move fast and protect. Just moved a little too fast tonite. I am not ...

Ramblings of a Forex Junkie

Out -.7 Oh well something to do while the other pairs float around in no mans land.

Ramblings of a Forex Junkie

I actually got long EJ per the news rules but set my stop to BE too quickly and got knocked out with a tiny gain. This is the third entry short on UJ others knocked out with tiny profits. Just trying to feel out an entry that sticks.

Ramblings of a Forex Junkie

No I think this move is about the BOJ entering into QE. I just think it's overdone and these things usually retrace some. I am probably making a mistake here but who knows?

Ramblings of a Forex Junkie

I am short UJ from last week's close. The ATR was almost doubled and it is a good level. BOJ pretty set on killing yen though. Might work out but I am ready to kill it quick. Never could trade this damn pair, not sure why I am in it now except the ...

Ramblings of a Forex Junkie

I agree with this. In fact the time to be fishing for clients is when you are in draw down. Any rational person will see the benefit of getting into a program at an equity low as this has the benefit of insulating them from future draw down phases. ...

The Trader Behind the Trade™

Very interesting. If this turns out to be profitable at a rate anywhere near the manual trading I will stand by my word and nominate you for the coding hall of fame. If it doesn't exist I will start the thread and name you the first inductee ahead ...

Ramblings of a Forex Junkie

Thank you California. I have enjoyed our discussions through PM and here on the thread. Stop by here and say hello once in a while. Chris.

Ramblings of a Forex Junkie