Well, I just checked my account before going to bed and somehow a monster candle shot up and triggered my EURUSD trade. I didn't think that was gonna happen until Benny was talking in the morning...I was wrong. Not what I wanted. So I closed the ...

Starting with $50

Tonight's trade — Ben Bernanke has taught me a valuable lesson. When he speaks, the market reacts with intensity. If his comments are bearish, the market tanks. The opposite is true. So I'm gonna play this trade just like I really would. I'm ...

Starting with $50

Hi Eiman, Nice thread. I think doing nothing is hard for most traders, especially those that have fallen in love with forex. Trading 24 hours a day? I mean, that's like letting an alcoholic drive a beer truck! I think the only way I can NOT be ...

Eiman's Trading Journey

Well, I woke up to a bearish candle as long as my leg...pretty cool. Looks like once the data started coming, negative momentum started rolling like a snowball going downhill in a cartoon. I hit a little single and after my day yesterday, I'll not ...

Starting with $50

Tonight's trade — I'm going short. I just put in a pending order with an entry at 1.25400 and an exit at 1.25264. Reason? Entry is at the Pivot point, just under the 61.8% level and exit is at 50%...I don't think it goes to Support ...

Starting with $50

What a day of reflection...that was brutal — Well, I feel like I just went through an audit from the IRS. At one point I was down $11.00, didn't even look at the percentage. What happened? Okay, last night I had made my decision to short the ...

Starting with $50

Now that being said, I clearly need to vomit a particular weakness out of my trading personality. If I think tonight it's gonna be both bullish and bearish, then the heck with it. Skip the trade. Conviction = pips, uncertainty = false triggers. I ...

Starting with $50

Many people think that a DEMO account doesn't offer the same realization as a LIVE account. I have agreed in the past. This is not correct though. By doing a journal/diary AND adding the "Trade Explorer" it has created an equal effect on my mindset. ...

Starting with $50

Why you don't get cocky — Bawoooosh Ahh, the sound of a toilet being flushed mimics the sound of my trading tonight! Go short, triggers and reverses. Go long, triggers and reverses. The scalpers are playing around tonight with no clear ...

Starting with $50

Tonight's trade — Another exciting night in the world of forex brought to you by...Ben Bernanke. Will he? Won't he? Will he? Won't he? Will he? Won't he? I don't care!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Anyhoo, tonight's Stochastics on the ...

Starting with $50

Visual comparison of bad vs good trade — Last night after I had placed my pending order I thought I was looking at an identical situation to the one on Friday where it started to tank and then paused...then continued on its downward path. That ...

Starting with $50

What to do after a BAD trade — Let's not kid ourselves, when you have a trade go bad on you like I did on Friday it affects you psychologically. Some say it causes you to get gun shy and scared to make a decision. They are correct. When this ...

Starting with $50

Well, I didn't end up modifying my entry/exit because the price just stalled at the 38.2% Fib level (24 pips higher than I thought) and rebounded from there. So I kept my original entry/exit points and it's already done...70 pips..so good night and ...

Starting with $50

Tonight's trade, Tuesday morning — Alright, so last night my trade never triggered because the currency just stayed in a nice little range. So, I cancelled the order this morning and went about my day. However, something's coming tonight I ...

Starting with $50

Tonight's trade — Tough one to read tonight because there's no news...no fuel either way to make a case for being bullish or bearish. I have a pending Buy Stop...entry at 1.25375 and exit at 1.25600 with .02 lot size. Here's something to think ...

Starting with $50

Gotcha. I clearly misunderstood you. The walk away is excellent because that's when you are trying to put the puzzle together using an imprint on your mind from the screen image! Let's have a good week.

Starting with $50

One word to describe that last trade...pain. Ehh, take a salt tablet and walk it off son. Ain't like I got my wife pregnant again. Be back later tonight!

Starting with $50