Just for you, it was the close from last week.

Ramblings of a Forex Junkie

Yes but I don't trade those types of things. I am a specialist and I dont need to catch every move. I only take the trades that I am confident in. I really hate I missed the weekly high, that could have really been a great trade. I don't sweat the ...

Ramblings of a Forex Junkie

I took the trade. I took the first touch of the price as I always do. If you refer to the chart below you will see my entry and exit. I knew a long would be short lived so I just took the mid of the down move for my exit. I really wanted to be short ...

Ramblings of a Forex Junkie

[quote=billytt;6542873] No don't fade it either. Sundays are for family and rest. I barely even trade on Mondays these days.

Ramblings of a Forex Junkie

[quote=billytt;6542801] I don't do "gaps". I don't trade anything before the daily open. The opening range breakout is about a thousand years old. I think the cavemen traded flints off the opening range. Why change something that works?

Ramblings of a Forex Junkie

The way I see it this bailout proposal, if adopted will be terrible for european banks and the economy. People in the underperforming european countries will be rushing to their banks to withdraw their money and get it to safe banking centers. If ...

Ramblings of a Forex Junkie

I can't help myself (a little bit of hubris just for fun) Its almost scary isn't it?

Ramblings of a Forex Junkie

So you want to try to say that one quarter of change represents the entire trading universe. Furthermore you are implying from this exhaustive research that because there was an average decrease in profitability of 1% in a quarter that saw a massive ...

Can you honestly earn a good living or even get rich through forex?

Get better soon. Chris.

Ramblings of a Forex Junkie

My apologies to the original poster, I for got to answer your question. If your provider is scaling out of trades and adding up the pips from all the pieces to represent bigger wins you need to find a more honest one. I personally don't scale out of ...

Signal service skewing results: Is this normal?

I want to answer some misguided points that have been made in this thread. 1) Why would a profitable trader have a signal service or mentor students. a. To smooth the equity curve a bit. b. Some trainers are actually good people and want to help ...

Signal service skewing results: Is this normal?

What gives you the idea that doctors are guaranteed to make money?

Why are most Forex Authors not active Traders?

I will take the trade off the daily open price as soon as the two bars requirement is met. There is no minimum pips separation required just that the two consecutive bars do not touch the price. If my daily open is 05:00 the first possible trade is ...

Ramblings of a Forex Junkie

I only traded the breakout last night, slept through the rest. Looks like the levels traded pretty well even though it was Friday. Hope everyone had a good trading day.

Ramblings of a Forex Junkie

No problem.

Ramblings of a Forex Junkie

I look for a candle like the one we just saw. If the price action is weak I may just close on the formation of a new high with no real move above. The spike we just saw could possibly be big players getting short.

Ramblings of a Forex Junkie

Out on the spike 1.2995

Ramblings of a Forex Junkie

Yes NY likes to make the high or low then take it in the opposite direction to screw London. So right or wrong on Fridays when NY makes a new high or low I close out.

Ramblings of a Forex Junkie

I do take half off at 1/1. I let the other half run until a breakout in the other direction or a stop out. Lately there haven't been two days in the same direction so lots of exits on opposite breakouts. We will catch a trend some time soon and one ...

Ramblings of a Forex Junkie