This method was hatched in a different time in the market. The markets trended a lot more in past years. I love Peter Crown's posts but I would advise that you read into the meaning of his words rather than use a method that fits a market that ...

Peter Crown's DIBS method revisited

I showed the account and gained 37% in one month. I discussed two days of bad trades where I lost about six trades in a row and lightened my account by 4%. I withdrew the explorer because I wanted my test account back. Nothing more than that. I ...

Ramblings of a Forex Junkie

I don't know why everyone thinks I lost my ass. I still take money out of the market every day. Trading has been very good lately especially. I trade highs and lows, express trades, and the big hour each day and am humming along. I do have young ...

Ramblings of a Forex Junkie

Hello all: Any questions?

Ramblings of a Forex Junkie

I think it is important to remove the word default from this. The US treasury takes in roughly 24 billion per month in total revenues and the service on the entire debt is only around 30 billion. Not raising the debt ceiling would result in some ...

USA Debt deadline discussion

I am not teasing on purpose I promise. I think I just have an inner fight every time I think of posting my hard won ideas. Eventually I come to the conclusion that this forum is a small world and most people don't care what I post so there probably ...

Ramblings of a Forex Junkie

I still stop by occasionally to read some of my favorite threads and posts of some of the people I admire. It seems that this summer took a toll on many people and the members have been dropping like flies. Without complete discipline and a solid ...

Ramblings of a Forex Junkie

London closes at five. The four pm price that the articles are referring to is the "official" Bloomberg price.

Ramblings of a Forex Junkie

I still trade them.

Ramblings of a Forex Junkie

This has happened to me also in the past. It is usually not too often though. I will say that I have the stop for GU as 27 pips plus spread as of yesterday. Your stop should have been 30 to 32 pips. This might have made a difference.

Ramblings of a Forex Junkie

This sounds like a great idea but it will have a very large negative effect on the profitability of your method. The best profitability is achieved when you hold your entire position to the target. Also in the long run profit targets generally ...

Ramblings of a Forex Junkie

I never really found much motivation in the vouch of a faceless unknown person on a web forum. There are lots of posters here with no, or few vouches who give solid advice. There are also many 10+ vouched posters here who clearly have never made a ...

Ramblings of a Forex Junkie

I was spending hours each day here trying to teach some basic strategies. I have too many things going outside of trading to afford the time commitment. My warning to you is this; Once you begin to teach your method things will change for you. You ...

Ramblings of a Forex Junkie

Things couldn't be better Billy. I am living life again now that I am not here half the day.

Ramblings of a Forex Junkie

Sharpe is risk adjusted return. He has high risk for his returns. Many times this is a sign of a large stop and a small win but I haven't looked through his trades. I really don't care. Just as he says I don't compete with any other traders and I ...

Ramblings of a Forex Junkie

I had regrets once I opened the discussion to some specific methodologies. I hoped that people would take some basic information and go and do some investigation but the thread quickly degenerated into a strategy thread. I failed in getting my ...

Ramblings of a Forex Junkie

Looks pretty familiar so far. Maybe some of the people who read this will believe him and realize that trading isn't complicated and doesn't require a secret handshake. I tried for months to get through and only seemed to get hammered with specific ...

Ramblings of a Forex Junkie

It is in our nature to complicate things as humans. When the question "what does pi have to do with trading" is asked we naturally assume that the OP has a complicated and all encompassing formula in mind. After some thought I have come to the ...

Extracted Thread (per thread starter's request)

The news trades in UJ and EU were terrific today. I am glad I caught them. I thought I would miss posting to this thread every day but I really don't. I am enjoying the free time. Good luck to everyone.

Ramblings of a Forex Junkie

url This man is a friend since 1992. I served with him in TF160 and I went through basic training and Helicopter school with his son. Any time you think trading is hard read his story. Things happened that cannot be revealed but rest assured that ...

Ramblings of a Forex Junkie