wow... That sounds like mine.... apart from the MACD and Fib lines... I have the same moving averages though.... Where did you learn this? Were you a member of Forexbastards as well? So do you do this for a living now?

Breakout Strategy - The Pro's Way

Today was a beautiful start to the week!!!! Again we saw a surge in the Asian session which is beginning to look like the norm, but never the less it did settle into a consolidation pattern later on into the session. This consolidation pattern also ...

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Forex77, do you trade breakouts exclusively? Are these breakouts of support and resistance or bollinger bands or what? What pairs do you trade?

Breakout Strategy - The Pro's Way

You know what i'm an idiot... I took a quick glance and assumed that was the GBP/USD which had a similar pattern. Sorry guys... but looking at it I would of taken the short had I been trading that pair. My whole philosophy is to trade just one pair ...

Breakout Strategy - The Pro's Way

I don't trade the news no that is correct... However often the news for the day is the catalyst for the breakouts. I am in the process of learning about some of the fundamentals... I feel this will just add to my artlilary when trading... But I am a ...

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Not sure of that book but I just bought Kathy Lien's book.... Day Trading the Currency Markets and I have to say I really like it. I want to be the complete trader and feel that in order to achieve this I need to understand Fundamentals as well as ...

My simple journal... Read at your own risk.

Well the first reason is because I only make one trade a day but I also think there was some news out approaching and I didn't want to get caught with my pants down

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Yup I saw that and took the short trade this morning... I finished the day aproximately 70 pips in profit. Not to bad for a days work :-).... So lets open this up again.... Who trades breakouts consistently and has managed to carve out consistent ...

Breakout Strategy - The Pro's Way

Yup thats correct. If you follow the rules to the letter then the 00gmt is the 50 pip straddle and the London open is the 20 pips straddle. Both have been working well so far but it seems as though if you have more screen time then Markj's strategy ...

daily range Strategy

Sorry People I haven't been able to keep uptodate over the last week... Work has got quite demanding so not to much time to pay attention to the markets, or all of the strategies rather. But Brick911 has been keeping a journal of the systems which ...

daily range Strategy

Hey Brick.... What a start to your week..... I have not looked closely at the noise around the price action but it looks like you would of taken profit on all three lots today.... so what would that be.......14+30+80=124 pips for the day.... Can't ...

My simple journal... Read at your own risk.

OK Today was a little better... Still not perfect but I managed to take my initial 20 pips on the first lot and 10 pips on the second lot. So what happened... Well when I woke up I saw that the Asian session had quite a lot of movement which as I ...

Trading to Success - 1 System, 1 Timeframe, 1 Pair

I guess you must be a happy man today .... 44 pips in the bag and you 3rd lot 40 pips in profit..... Nice end to the week!!!!!

My simple journal... Read at your own risk.

Basically I like to see momentum in my trades. First of all the candle straight fter retraced, that usually doesn't keep me out but when the close is only by a few points then I like to see momentum. So I waited for the next close above. I got this ...

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Today was a bit of a non event to be honest. We had a bit of a false breakout early on but fortunately my rules did not fall into place so I did not take the trade..... (Rules really do protect you :surprised) Then we had the interest rate decision ...

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Hey Brick... there was some news out about China selling the dollar. Take a look at this.... http://www.forexfactory.com/forexforum/showthread.php?t=10035

My simple journal... Read at your own risk.

Congratulations on you Baby GIRL :-)... You know what your thread is so entertaining.... After a year of this you should turn it into a book :-). It nice to see that you are making money from these systems... hopefully it will serve other members ...

My simple journal... Read at your own risk.

LOL.... Just so many conflicting ideas........ Seriously though You trade breakouts as well? How long have you been doing this for? How is it working for you?

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Thats quite interesting.... Manul I am going to sound stupid here but is there a way to see the volume? Like an indicator or something.... That might just keep me out of those trades...

Trading to Success - 1 System, 1 Timeframe, 1 Pair

Well well well..... Today I should of just sat out of the market.... I new the Mid-Term Elections were concluding, to be honest I wasn't sure what any of the results would of meant fundamentally but I knew the markets had the potential to act badly. ...

Trading to Success - 1 System, 1 Timeframe, 1 Pair