Thank you and welcome.

Ramblings of a Forex Junkie

This year has seen a little more volatility. If anything there have been more days without a trade triggered than typical. The longest losing streak with this I can remember was four. I am sure it could have more but I am coming up on two years of ...

Ramblings of a Forex Junkie

I think I understood the point you were trying to make and tried to convey it so that the readers got it. While we may not have the same approach to teaching you are welcome to post here.

Ramblings of a Forex Junkie

If you choose to leave it's up to you. I have no intention of banning you. I would only do that if you continue to make personal attacks.

Ramblings of a Forex Junkie

Not saying you are wrong or right just that he's an anonymous poster on a forum. Don't waste your energy being mad at him. The best revenge is to trade well and be happy in spite of anything he might say to you. I'm still not sure about him he has ...

Ramblings of a Forex Junkie

No trade days happen its part of the strategy. If you blindly take every breakout your win rate drops dramatically. The past few weeks have been more volatile than normal causing a few more no trade days.

Ramblings of a Forex Junkie

Don't make it personal. I think he really has the best intentions even if a little rough around the edges. He is right that you need to be constantly vigilant and flexible to market conditions. As we have seen over the past weeks currencies can come ...

Ramblings of a Forex Junkie

Correct.

Ramblings of a Forex Junkie

[quote=foxybunny;6467676] I was only showing how the method filters out losers, wasn't really highlighting entries.

Ramblings of a Forex Junkie

[quote=foxybunny;6467653] On 25 Jan there was a winning breakout long. Can't post a chart as I am away and doing this from my phone. If it isn't clear let me know and I will mark the chart later this evening.

Ramblings of a Forex Junkie

Trader's choice. I tend to do that with this strategy. In level trading I attempt to never move the stop (not always successfully). I also move it the next day if there is another breakout in the same direction. I exit all positions on an opposite ...

Ramblings of a Forex Junkie

[quote=billytt;6467525] It is really just a method that filters out days that never really break out and breakouts in the wrong direction. Like these.

Ramblings of a Forex Junkie

Only EU I havent even tested any other pairs. I think it would work with most Europe based pairs not sure about yen pairs.

Ramblings of a Forex Junkie

I like it when you ask real questions and offer good advice. We might get along well after all.

Ramblings of a Forex Junkie

Its really simple, bracket the three hours just before London open. When price closes out of the range trade the retracement back. If breakout is down for example, go short when price tests the lower boundary of the bracketed range. I have done this ...

Ramblings of a Forex Junkie

I think the college professors who believe that eventually supply and demand will reach equilibrium and there will be no more price movement are simply wrong. As long as we have changing governments, spearate soverign nations, multinational business ...

Ramblings of a Forex Junkie

I have tested this on ten years of data. It never changes. Some years were mad trends (2008/09) others were flat with small ranges (last year) some were slow grinds up or down (2005/06). The hit rate and return rates are remarkably consistent. A ...

Ramblings of a Forex Junkie

If the market is trending up, for example, out of five days of up movement we might get three days where the daily open gives us a long trade. On the other two the daily highs might get hit first. In this case you have to make a decision. You can ...

Ramblings of a Forex Junkie

Hi FX. For the future when you take your screenshots you should choose the save chart as-is option. This will only show the chart and not the rest of the trade station. your account number is listed on the top of your chart. You may want to edit the ...

Ramblings of a Forex Junkie