Re: Bob Richards, comment about my trading strategy — Hi Bob, As we know, only 5 percent of all forex traders are consistently successful. There is no strategy that works for everyone. Psychological factors/makeup of a trader also have to be ...

My GBPJPY trade journal

Thursday morning/afternoon trades — Sometimes just one good trade opportunity a week is enough. Sometimes it's good to stand aside (wait out consolidations, etc.) Chart (with mispelling) and trade summary.

My GBPJPY trade journal

Overcome with sleep — No trade Tuesday overnight.

My GBPJPY trade journal

No Trending Momentum = no trade — Tuesday, 6:28 am GBPJPY still in consolidation after last bearish movement. Volatility low. Bollinger bands flat. Consolidation may continue, price floating/herky-jerky sideways between bollinger bands. Pent ...

My GBPJPY trade journal

No trade Sunday overnight. — Chart and trade summary. (Earlier pre-trade analysis)

My GBPJPY trade journal

Thursday overnight trade — Chart and trade summary

My GBPJPY trade journal

No trade Wednesday overnight for obvious reasons — Chart with comment.

My GBPJPY trade journal

Re: Pivots — Correct, new pivots come out every day, I apply them to charts every day. I initially place three: CPP, R1, S1, add others as price moves in their direction. Because new pivots are a daily occurence, they are most effective with ...

My GBPJPY trade journal

Re: What times frames do I use stochastics on — Askjo, As you know, stochastics is a momentum indicator indicating overbought or oversold conditions. I use the stochastics indicator on all time frames I am watching. Note: Indicators are just ...

My GBPJPY trade journal

Pre-trade analysis: Tuesday night (PST) — Chart and summary.

My GBPJPY trade journal

"No-man's land" — Yes, there is more than one pivot daily: CPP, S1, S2, S3, R1, R2, R3, etc. I regard pivots as floors and ceilings and look for where price is in relation to that. I trade off floors and ceilings, i.e. support and ...

My GBPJPY trade journal

Earlier Tuesday morning trade — Chart and summary

My GBPJPY trade journal

Re: stoch crosses — I don't pay attention to stochastic crosses (other than to note the lines have crossed), maybe I should give them some thought. As you can tell by looking at my charts, what I look for are 100+ pips opportunities, ideally ...

My GBPJPY trade journal

Trending Momentum: Monday morning trade. — Monday morning chart and trade summary

My GBPJPY trade journal

Re: Please help me — I sympathize with you and those who have written similar posts. I don't know how long you have been trading. I've been at it nine years and I'm still learning. Hopefully the charts give you some insight about the way I use ...

My GBPJPY trade journal

No trade Thursday (NFP data) or Sunday overnight — This session doesn't meet my criteria for trading: Tending Momentum. In a range or nearly flat so far (currently near previous top at top of channel). No trade Sunday overnight. Earlier chart ...

My GBPJPY trade journal

Re: Which broker do I use? — I use FXCM. A cautionary piece of advice if you are trading live: FXCM's spreads over the last month are varying widely, as much as 30+ pips. You may enter the trade with a 9 or 10 pip (formally fixed) spread, then ...

My GBPJPY trade journal

Tuesday night trade summary — Election Night results trade by trade.

My GBPJPY trade journal

Rough Rider: Election Night trades. — Tuesday night chart. Trade summary follows on next page.

My GBPJPY trade journal

Trade off S1 — Hi Travpip, Good observations. In fact I did make a trade at the obvious S1 floor -- to the downside, figuring price was going to continue down. Of course it didn't (price can do whatever it wants to). Realized my error and ...

My GBPJPY trade journal