Today's trades: Pound was perfect with 3/1 RR sell the previous day high. Euro was stopped out at first and the reentry came too close to NFP so skipped. Two trades one loss one gain 2R profit for the day. Pretty typical day.

Ramblings of a Forex Junkie

In looking at your charted trades it is very clear that you are really fearful of a loss. Many of the trades would have gone to very large profits had you held them. I would guess from seeing those charts that you tend to move to breakeven with your ...

Ramblings of a Forex Junkie

The first trade in the euro today was a short. I am assuming that you are trading a GMT broker and your new day starts at 00:00 GMT on your charts. I have included a chart that is marked to show what I am explaining. The red vertical line is the ...

Ramblings of a Forex Junkie

If anyone else has questions post here I will be away for a few hours but I will answer later.

Ramblings of a Forex Junkie

Amart and Square 1 I will have answers to your questions tonite. I am off to Gettysburg with the wife for the weekend. When I get the computer up and running later I will respond to your posts and throw up a chart of my trades last night. I wasn't ...

Ramblings of a Forex Junkie

It seems that the Japanese are going to drive the Yen into the ground. They seem perfectly willing to drive the euro to the moon in the process. We haven't had these nice trends in a while.

Ramblings of a Forex Junkie

You, sir earned a vouch. I knew there were some people who wanted it bad enough. My percentages are not quite as high as yours but I have a larger data set going back ten years. I tested to the .382 and the .50 as well. I don't have data on the ...

Ramblings of a Forex Junkie

I understand. Sometimes if I am bored I will break out the test account and just trade away. This way I don't have to worry about losses and I can get it out of my system. Can sometimes be tough in the wee hours of the morning waiting for price to ...

Ramblings of a Forex Junkie

Yep its probably one of those things that means nothing. I spend a lot of time looking into things like this and most mean nothing. You never know though when you will find something useful even if not earth shattering.

Ramblings of a Forex Junkie

Already playing the biggest game in the world every night. I need a rest from my "playing" from time to time.

Ramblings of a Forex Junkie

I have been pretty bored today as you guys can probably tell. I have been going through charts (when not goofing around on you tube) and have found my next project. Today London closed higher than Tokyo, no surprise we are in an uptrend. But NY ...

Ramblings of a Forex Junkie

Where have I heard this before? video

Ramblings of a Forex Junkie

Pay attention to this, its important to those of you who want to make a living at this. This is why I spend so much time worring about my mistakes. video

Ramblings of a Forex Junkie

Messing around on you tube and found this. I thought it was funny and makes the point about bias. video

Ramblings of a Forex Junkie

I always sell the previous day high and buy the prevoius day low if that is the first trade triggered in a given day. A chart example:

Ramblings of a Forex Junkie

I believe you would be better served to choose one method each month. One month is not a significant amount of trade data but it is a long enough time to get a feel for each method. After three months you would have zeroed in on one method to expand ...

Ramblings of a Forex Junkie

I blew my account because... video

What kind of music you hear while you trade?

Just saw an analyst on CNBC saying buy the euro. Hmmm top could be in soon. I'll have to check the EU thread in the interactive section. If they are mostly bullish then it is almost certain.

Ramblings of a Forex Junkie

Last night was a good example of why I generally trade very small positions the week of NFP. Pound didn't respect any levels and traded sort of oddly. I took a trade in pound that lost small and I took a trade in EU that won small. Worked all night ...

Ramblings of a Forex Junkie

Yen seems to be driving the bus today.

Ramblings of a Forex Junkie