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Seneca pilot replied Feb 13, 2013Unfortunately for me I couldn't trade today. Look at the two pound entries from the 05:30 news and speech. Nice. I moved all the other lines out of the way. On GU the trade was the daily open, on GJ it was the weekly open/close. GJ had already paid ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013Very nice. Wanted to trade myself today but had to sleep. Very early appointment today with HVAC contractor. Movers tomorrow may not be able to resume "super secret" trading methods until Monday. :-)
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013I answered your question early in the thread. This is an extension of my trading journal, nothing more or less. Surely you have been around this forum long enough to know that the sales departments are at the interactive and systems forums. I show ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013It was a joke. Why so cynical? He was just playing breakout this morning. My reasons for the thread have been expressed you may not have read it all. Nothing for sale here. Advice is freely given and asked.
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013Ten years or a little more. Forex about four years. Did futures and equities before forex.
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013Shhh.. some things best left unrevealed. Glad you found this on your own.
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013I tested this and it isn't as good. I think it has something to do with the middle eastern traders entering the market and then the European opens each hour leading up to London open.
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 13, 2013Price was approaching the previous week low from below after crossing from above and extending down over 25% of the weekly ATR. For me that is a sell. Stopped out, no big deal, it happens. Unfortunately that was yesterday. I wasn't in on the big ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013I am not afraid to show my struggles when they happen. In trading we will have good weeks and bad, we will have great weeks and awful, and we will have average weeks in the middle. I cannot in good conscience show the great (two weeks ago) without ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013A few of the mistakes I made last night. 1) I traded UJ. I swore off this pair a long time ago but I thought it would be better now that the yen has picked up again. I was wrong, I have never been able to trade this pair. I just can't get a feel for ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013I want to do it as a way to reinforce my discipline. My fear is that I may end up worrying so much about the TE that I don't have the flexibility in my trading that I need. I won't do it anyway, unless I can exclude some of the trades I don't share ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013Yes, as Olarion said that is the time I use. I have found it to be the most reliable. Typically around 55-60% for at least 2/1.
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013Thanks everyone for the kind thoughts. I don't get colds very often but when I do they are bad. I spent Saturday in bed but I can't slow down unfortunately, too much going on. Movers will take the furniture to the new house on Thursday. After that ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013I lost four percent today. This puts me down about one percent for the week. I am sure that if I make good trades later this week I will end up in profit by Friday. So what's the point? I made so many mistakes today it makes me sick to think about ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013Right now looking like this may be coming back above the low. If it does I will enter long on a retest. I am determined to see this through. I want to hold a trade for at least two days, three if it keeps going up.
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013An important part of Peter Crowns' method is that he does not move the stop to breakeven on the second half of the trade. He leaves it at the other end of the inside bar. This means that if you get 1/1 on your first half and the other goes back and ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013Yes UJ can you tell I am distracted this week?
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013I wanted to make this experiment public. I have started to average in to a short position at last weeks low in Cable. I am in my test account for this as I am done in the main account for the day. I have the intention of holding this. I still spend ...
Ramblings of a Forex Junkie
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Seneca pilot replied Feb 12, 2013If you enter with .2 lots you can exit .1 at 1/1 and hold the rest. A chart example won't really help as this is a trade management thing. Example. Entry short at 1.35, stop 1.3520, take profit half of position at 1.3480, let the rest run. Stop will ...
Ramblings of a Forex Junkie