Thanks Nub, I think its partly my fault they're trying to highjack the thread. I am showing trades and it seems to encourage everyone to throw in their two cents with their own trade ideas. The trades I am showing though are to illustrate the points ...

Ramblings of a Forex Junkie

Hi FTI I enjoy reading your thread. I believe JFK was killed because he wanted to end the Vietnam conflict. President Eisenhower warned the world of the dangers of the military industrial complex in his farewell speech. Within a few years JFK is ...

Technical Analysis Fallacy

This is why I don't trade price action any more. Especially kills you on lower time frames. Also look where this one turned.

Ramblings of a Forex Junkie

Ok so here is the carnage. I am still unable to hold long enough but wow this went down fast. This is the type of trading I face a lot of the time. If any of you were watching this happen I don't have to tell you how hard the price was moving when I ...

Ramblings of a Forex Junkie

Should have said EJ.

Ramblings of a Forex Junkie

Wild ride on the Yen pairs tonite woohoo. Sold the weekly open and stopped out. Sold last weeks close and BIG win.

Ramblings of a Forex Junkie

Would you please expand on the topic of SL sizes. You have mentioned it earlier in the thread that you set your SL as a percentage of ATR and that you believe it's the best way of doing it. Do you mind giving more details about it? The short answer ...

Ramblings of a Forex Junkie

I will get back to you on this a little later. Buying a house and have some work to do with that today.

Ramblings of a Forex Junkie

Its ok I just was trying to locate the entry signals in your charts. It seems a lot of your indicators are telling you the same thing. Do you use them all to make an entry decision?

Ramblings of a Forex Junkie

The art of war is commonly linked to trading strategies and the two have many overlapping theories and comparisons.

Ramblings of a Forex Junkie

Hi alien. I am going to ask you for a favor. Please post a 30 minute chart of EURUSD from last week and mark your entries on your chart. Since you have HA instead of candles would you please also list prices and direction of entries. I would ...

Ramblings of a Forex Junkie

It was just an example, nothing to read into it. I could just as easily have used the example of China invading Taiwan which is probably far more likely.

Ramblings of a Forex Junkie

You've seen it a million times. You have been trading for years and it always happens. You open a trade and place your stop and target. Slowly, agonizingly the price dances closer and closer until, gasp, it hits your stop. The market continues ...

Ramblings of a Forex Junkie

I don't factor a 500 pip slip either when trading intraday that was not the point I was trying to make. I was saying that having a trade open over the weekend when brokers and banks are closed and liquidity is dry exposes you to these types of ...

Ramblings of a Forex Junkie

url url url url url url url Sadly, people lost lots of money over these. Yes they are rare, and you could trade for decades without having a problem. I am sure you have a good plan for containing your losses. I am not trying to be ...

Ramblings of a Forex Junkie

I was working that morning. Had actually gone home to have lunch and watched the second plane hit on the news. Sad day. The guy I was flying with at the time and I had an aircraft scheduled for that afternoon. I'm sure you remember that all the ...

Ramblings of a Forex Junkie

It doesn't take confirmed news to move the market, rumors move it in large chunks every day. We live in a time of instant news. If Russia invaded Germany tonite at 10PM it would be on tv at 10:05PM. If you think the market can't move two to five ...

Ramblings of a Forex Junkie

I want to expand a little on day trading. I am a day trader. I finish most days flat. I think most people have an image of a daytrader as someone who enters twenty or fifty or a hundred trades a day or more. While there are certainly those that do ...

Ramblings of a Forex Junkie

Three or four years ago I was playing in a midnight madness tournament at the Taj Mahal in Atlantic City. We had been playing for about two hours and I had busted a few guys and was going well. The player to my left was also going pretty well. We ...

Ramblings of a Forex Junkie

I am working on the longer term trading in my investment account. I guess the real thing I need to work on is identifying the trend days from the days that its best to take profits more quickly. I have generally just opened my trade and closed at ...

Ramblings of a Forex Junkie