If there is good news on Cyprus over the weekend you could have a nice trade. Bad news however. I don't have any balls so I will close when NY makes a new high. If they don't make a new high I will close it by ...

Ramblings of a Forex Junkie

The breakout is the only trade I take half on. Helps to smooth out the equity curve. Most trades I am all in and all out.

Ramblings of a Forex Junkie

Its forty degrees and windy here today. Need somewhere warm and inviting.

Ramblings of a Forex Junkie

Yep; Here in Chrisville we open at the crack of noon. Oh, and we close at two o'clock for golf. Long hard working day.

Ramblings of a Forex Junkie

Probably be able to get the whole country pretty cheap soon, I could call it Chrisville.

Ramblings of a Forex Junkie

Without knowing which markets it is hard to comment specifically. Highs and lows do work in all markets but every market has its special personality. You need to know if your market is pit traded or all electronic. The start and end times need to be ...

Ramblings of a Forex Junkie

I would liked to have held the news trade short for the drop but there was always a good chance of a double bottom and an assault on the gap for Friday. That would have caught a lot of the bad traders long over the weekend for a nice drop Monday ...

Ramblings of a Forex Junkie

I mean drop hard like to the weekly support from 2750 to 2650. Yes no chance I would long here, I would like to short it though if broken. In fact I would even consider trading tomorrow for a shot at that short in the morning.

Ramblings of a Forex Junkie

Trying to break that low again. They are nothing if not persistent.

Ramblings of a Forex Junkie

That's correct, in fact the results are better than fine. You only need two or three areas to trade each day. I am only taking five to eight trades most WEEKS.

Ramblings of a Forex Junkie

Well Olarian we can't catch a runner on the breakouts can we? I know we will have to find a trend some day. Much patience is needed.

Ramblings of a Forex Junkie

"One of two things will happen. That low will break and price will drop rather hard, or it will hold and we may close the gap tomorrow." Looking like option two may be happening. I don't trade much on Fridays any more. Good luck to those of you who ...

Ramblings of a Forex Junkie

I think I should say that if you go back and look at all my trades, most of them are either daily open or daily high/low. I do keep the weekly open and close on my charts but I rarely ever take a trade off them. I use them for targets a lot though. ...

Ramblings of a Forex Junkie

Your insight into my brain is scary. The reason I wanted people to do the weekend research project was to show the power of only one and maximum three lines. Sadly only two or three responded. They are probably going to be in the five percent. I ...

Ramblings of a Forex Junkie

Yes I shift my daily open line to stay with GMT until London and Europe move forward. As I said before the daily open line is really a range including a lot of prices. Today either 00:00 Eastern or 05:00 GMT worked equally as well. They worked ...

Ramblings of a Forex Junkie

Breaking? Trade of the week?

Ramblings of a Forex Junkie

Nice easy day. News trading combined with sleep is really nice. There are two blue lines. The blue is my weekly highs and lows. Two here because of the gap. Friday weekly low and weekend weekly low. Normally not an issue but with the gap ...

Ramblings of a Forex Junkie

You won't get this for free. All CME data is available for a fee.

Currency contract options feed from CME?

The news conference is ongoing and price may bounce around for a bit.

Ramblings of a Forex Junkie