Your question is a good one. Occasionally with the one hour breakouts if the breakout bar is abnormally large the trade might not work out. An ideal breakout is one that the bar closes five to fifteen pips outside the range and the breakout is in ...

Ramblings of a Forex Junkie

Great, so sick of windows and explorer. Fragile as hell. I never turn the trade computer off but lately it seems it is restarting every night and screwing up all my levels. I guess microsoft has to patch the system every day. I seem to constantly be ...

Ramblings of a Forex Junkie

Daily open stronger than low. Doesn't happen all that often. Nice change of direction. I sold UJ at daily open and bought EU at yesterday low. I am flat now the two trades cancelled each other out. No chart my trading computer is acting up. Have any ...

Ramblings of a Forex Junkie

I understand completely. I still struggle with it all the time. Sometimes I have to literaly walk away from the computer when price is getting close to the target. It seems that it always stalls three pips away. It gets a little easier every trade.

Ramblings of a Forex Junkie

It just happened that I had gotten out of bed and was looking at the computer then. The 8:30 US news had happened and the price very obviously stalled at the level. As it had been hit so much already today I let it close back below the level and ...

Ramblings of a Forex Junkie

Five to one plus day on GU. Textbook daily open entry.

Ramblings of a Forex Junkie

I took the EJ trade off here. Not sure I'll ever hold a trade overnight for income. Still working on it.

Ramblings of a Forex Junkie

Detailed question, I like to test manually. When I get an idea I will generally barracade myself in the office on the weekend and go back through years of charts to investigate it. Once I have satisfied myself that the idea is valid I then take it ...

Ramblings of a Forex Junkie

I'd still have to get up at five AM, don't forget I'm too lazy for that. :-)

Ramblings of a Forex Junkie

Nice trade, I had a pending order at yesterday's high. Just missed it. :-(

Ramblings of a Forex Junkie

I am not at the computer now. I want to give a full answer to you so when I get home this evening I will take a little time to answer. The phone sux to type on the forum.

Ramblings of a Forex Junkie

Trade of the week? Time will tell.

Ramblings of a Forex Junkie

I'm glad it worked out. I replied to your PM just now.

Ramblings of a Forex Junkie

This is all I did last night. It looked like such a good entry at the daily low but could not reach even the daily open so out with a crappy 18.2 pips. image Meanwhile GU did this. Time to start watching the dollar pairs again. image Hope ...

Ramblings of a Forex Junkie

It seems its stuck between last week's close and this week's open. When it breaks out could be for the rest of the week. Could be the trade of the week.

Ramblings of a Forex Junkie

Nice time zone you live in. I could start trading my times at 1PM your time. A chance to sleep in would be nice.

Ramblings of a Forex Junkie

Nice trade if you caught it. Not a time that I trade. What are you using for your daily open?

Ramblings of a Forex Junkie

I spent a lot of time looking at this. The answer isn't easy. Both levels work to an extent. Over time it pretty much evens out. Sometimes price will bounce off one then go to the other then go back through the first. Many times the two prices will ...

Ramblings of a Forex Junkie

Yes the more levels that stack up in an area the better the trade will generally turn out. Daily highs and lows are my favorite. They often have little drawdown and go for nice gains.

Ramblings of a Forex Junkie

The participants in these trading challenges generally use super dangerous money management to win. You have to have crazy account growth in a short time to win because someone will always hit a lucky streak going all in. If they ever devise a ...

Ramblings of a Forex Junkie