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magnumfreak replied Dec 9, 2015That's because I haven't gone to sleep yet.
When you see the price move.... you will know I fell to sleep. LOL!EURUSD
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magnumfreak replied Dec 7, 2015I really do like reading your posts Billy. Besides the results you get, one thing that comes through even in written words is your confidence level in how you trade. Most people who post here (at FF) are looking for outside confirmation that the ...
Any short-term tick / 10 sec scalpers???
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magnumfreak replied Dec 4, 2015Mostly by robot. I have two that work reasonably well in the market that give me enough to live on and a little extra. I am still a big fan of the 1 min and even the 10 second chart (which I have both up on my screen right now watching the EURUSD ...
EUR/USD... Why such a huge move?
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magnumfreak replied Dec 3, 2015EURUSD has been very constipated lately. Someone gave it an enema and off she went.
I gave up trying to understand why a long time ago. Now I just trade the way I trade and ignore the rest. About the only time I won't take a trade is 30 min ...EUR/USD... Why such a huge move?
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magnumfreak replied Dec 3, 2015I have seen some big trades go through (not my account and not a retail trader) that I would have thought it would be something to move the market. We are talking in the multi hundreds of standard lots with no noticeable impact. It would really ...
Is Forex trading worth it? If so, why?
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magnumfreak replied Dec 2, 2015Is it worth it? Yeah, it's worth it. Is it easy? Nope. Nothing worth doing ever is. Personal goal: Have a trade big enough to move the market. LOL! Just kidding. It's doubtful that any retail forex trader will ever do that but then again someone has ...
Is Forex trading worth it? If so, why?
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magnumfreak replied Nov 27, 2015Missed two signals while I slept. One at around 145 am eastern and another at around 204 am eastern. Unfortunately, I can't stay awake 24 hours to catch all of these. One of the reasons I like robot trading. Waiting for first set up.
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Ok, dead market. I will be back sometime between 2 and 3 am eastern time US.
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Must be just about time for a big move....... Want to know how I know??? Getting sleepy. LOL!I have slept through a ton of big moves in my lifetime. Usually within an hour after I leave to go sleep. We have only seen about 12.5 pips of movement in ...
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Since I am in a typing mood, one other difference people will notice with IB pricing on their charts it shows up as the midpoint between the bid and ask price. This is not changeable. This is different than most brokers who will use last pricing, ...
Sheep or Lion?
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magnumfreak replied Nov 26, 2015If anyone is curious, spread on IB for EURUSD right now is 0.1-0.2 pips and commission adds 0.4 (ish) pips to the cost round trip. Slippage is typically minimal with several of my trades in the past actually filling at better than market. Just ...
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Thanks. Hope your day was great as well. No new setups at this point. Price is dancing around yesterdays close (according to Interactive Brokers pricing) at 1.06100. Going to let it move away from the line before committing to anything. The previous ...
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Slow choppy trade. No clear reverse signals though. Riding it out
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Plenty of initial signals but no follow through. I always wait for confirmation before entering. So if I get an initial short signal I look for a confirmation candle right after it. If they cannot sustain the movement for 20 whole seconds then it is ...
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Perfect example of why you don't try to catch a falling knife. Price has turned and now I am waiting for a long set up. Remember these are small movements in relation to what most will see on the higher time frames. Going from short to long may only ...
Sheep or Lion?
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magnumfreak replied Nov 26, 2015Ok, belly full nap time over. Lets do this. Trading only the EURUSD watching the 10 second charts. Looks like liquidity is good (very few candles with no movement). When I opened my charts, there already was a small downward move in progress. ...
Sheep or Lion?
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Sheep or Lion?
Started Nov 26, 2015|Trading Journals|13 replies
There have been a few times I have started journals on FF but then get distracted or bored ...
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magnumfreak replied Nov 24, 2015I have been doing some testing with NinjaTrader. Download the free version and then link it to a free FXCM demo account. Any time series you want. Just an idea.
Any short-term tick / 10 sec scalpers???
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magnumfreak replied Nov 24, 2015Interactive Brokers.... 0.1 pip right now. Varies throughout the day. This does not include the small commission I pay per trade.
Any short-term tick / 10 sec scalpers???