EU 1h — Boxes show rejection. Slanted lines show following moves from a possible half retrace entry. Straight lines show possible exits. image image image

GLJ

EU 4h — Pretty ain't it image

GLJ

So now its time for some speculation. I'm going to test a simple idea and see what i can learn from it. I will test on the following pairs; Eur/Usd 130.0 Aud/Usd 122.5 Eur/Jpy 120.0 Usd/Chf 98.5 Gbp/Usd 115.5 Chf/Jpy 109.0 Did a quick analysis and ...

GLJ

Your charts scare me, when i look at them i feel like i'd need a specialized degree to interpret them. If your makin it work then keep at it!

VennD - Any Pairs - Any Style - Any Time

That was surprising! Thanks for the compliment, I hope eventually to get to a point where i can create a process to help people attain there goals.

GLJ

image So thats 79 pips from the 1st chart and 52 pips on the second chart for a total of 131 pips. Is this possible in real time? Maybe. Depends on the individual. I set the grey lines a while back so this isn't me fitting them to look good on the ...

GLJ

A simple approach at 100 pips a month. image

GLJ

Money. Lets talk about trading in terms of dollars. Your account balance is $2,000. You've done much deliberation and have come to the conclusion that this is how you will risk your money based on how you trade. Your maximum risk at any time will be ...

GLJ

image When i have some time i will detail how i'll manage a trade when i'm able to watch one.

GLJ

image Lets see if i can get in before this ends.

GLJ

Nope. Read at your own peril. I'm not giving advice for people to use as they trade. This is a journal for me to get my thoughts together to solidify my trading style in order to go full time eventually. Maybe right before i go full time i'll open ...

GLJ

! — Hey! Bmac! Your partially using my special entry technique! Keep it up!

Price is everything

Truthfuly there's nothing significant about the grey lines i place on my charts if my bias is correct. They're more like a placebo to a good trade. Every one of the winners i took on the EUR would have resulted in +100 pips if i had just held and ...

GLJ

I have a theory about market movements. If price moves then there is a belief that price will go in that direction, people are taking profits, or there's a fakeout or stop run for larger player entires. If Fundamental analysis leads majority of the ...

GLJ

Todays missed trade — image

GLJ

May 2012 — May 2012 Gain/Loss Week 1 - EUR - May 2nd - 100 - +10.0% Week 1 - EUR - May 3rd - 33 - +3.3% Week 2 - EUR - May 8th - 54 - 5.4% Week 3 - AUD - May 15th - 94 - 9.4% Week 3 - AUD - May 16th - 20 - 2.0% Week 4 - EUR - May 22nd - (8) - ...

GLJ

Congratulations on taking the initiative! Your attitude is refreshing.

(binned per thread starter’s request) GEfx Trading Journal

This mornings trade. image When i set this stop i was looking for any reason to get to BE. We're all afforded the same opportunities in the market. It's up to us to keep our losses small so we don't hurt our profits.

GLJ

Your next move should be to understand the structure of the forex market. How the exchange came to be, what are the types of brokers and their purpose in the market, what are the types of orders, how they get filled, and there effect on price ...

B.S. Trading with Kenneth Lee

Ha! Always nice to receive unplanned for pips.

B.S. Trading with Kenneth Lee