Update 7th of May 2007 --------------------------------------------------------------- GBP/JPY Short at 239.50 at 10:53 GTM +13pips GBP/JPY was bouncing off the 50s yet again and i decided to take a short with 10pip s/l (+spread). I've actually made ...

A Trading Experiment

25% a day, what a joke! This is how people get false hopes about forex and then end up blowing up their account. I can make 50% a day, i'm quite positive, but that would be on a mini account trading 1$ per pip. The record for a trading competition ...

5/13/62

Update 4th of May 2007 --------------------------------------------------------------- This is what i call bad trading. Woke up, saw the price moving quite fast, decided to go long, trade went against me fast, however, the s/l i decided on, wasn't ...

A Trading Experiment

Update 3rd of May 2007 ---------------------------------------------------------------Well, another day has passed, and i am damn tired. I started off quite poorly, loosing a few pips flipping between Long and Short on the Pound. I've chickened out ...

A Trading Experiment

Hey blueruby, First of all, well done for gettin to a break even stage. Secondly, regarding confidence and trading in the "zone". Let me tell you one thing, confidence is definately very important. But you can't force yourself to have confidence in ...

Transition from Losing to Winning

Update 2nd of May 2007 --------------------------------------------------------------- GBP/USD Long at 1.9951 at 10:23 GTM -13pips Decided to go long on a slight upside breakout, ended up getting in right at the reversal ...

A Trading Experiment

Yes, you've caught me there, my statement is not proof. However, it is an expression of the likelyhood, it trading was all about having a good indicator, many more traders would make money, and that's not the case. In the end, that's just my ...

How many of Technical Analysis based systems are junk?

Trading daily charts is definately possible, technically it's not much different then trading lower time frames. If you look at the charts, they all look more or less the same. And dynamics are very similar. Don't take this word for word, as ...

Trading for living only using daily charts or higher...

Update 1st of May 2007 --------------------------------------------------------------- GBP/USD Short at 2.0047 at 15:03 GTM +32pips I'm back with a bang, looking at it now, i wish i held on longer for 2.0000 target i orginally set. I feel that it ...

A Trading Experiment

Update 30th of April 2007 --------------------------------------------------------------- EUR/USD Short at 1.3592 at 09:33 GTM -12pips What looked like a downtrend, has ended. Quite a bad entry, there is a relatively strong level at 1.3586 or so, ...

A Trading Experiment

Hey Pipcruiser, I agree with "Trading forex dosen't have to be complicated, meaning 12 fancy indicators is not the way to do it, if you ask me.." I'm also trading using the most simple concepts... i.e trends, sup/res etc... And patience definately ...

Pipcruiser live journal

It seems like wild west lives on... It's all good discussing theoretical workings of orders, but clearly it's not what happens in the "real world forex". Maybe brokers should start filling limit orders at different prices as well. Like if you have a ...

Market orders + News trades = ?

UPDATE 27th of April, 2007 --------------------------------------------------------------- GBP/USD Long at 1.9944 at 09:16 GTM 0pips Decided to take a long, 1 bar late again, so i'm not too confident about this one, bouncing up and down so far. ...

A Trading Experiment

Yes, i will also be trading Bond, t10 for the us, liquidity is HUGE!!!! hundreds of millions...

250 pips slippage on Currenex - ODL Securities

FxFORCE, I totally understand you inefficiecies theory, however, as i've said previously, that's not how i'm trying to trade. You will find that if you trade on Currenex, you are not very likely to get in close to the pre-release price, because ...

250 pips slippage on Currenex - ODL Securities

Trends is a trend, price moving one way, more or less. Uptrend, downtrend, sideways trend whatever. Where you look to find those trends is a different matter. I'm day trading and look for trends on a 15m chart. There was a great trend on GBP/USD ...

My "Holy S**t Moment"

Damn it, i knew this would happen, another huge push downwards. Sadly i was having lunch. This day trading business is very demanding. I spent up to 12 hours in front of my screen, don't for a second think the profits will ever come easy. I've read ...

A Trading Experiment

UPDATE 26th April, 2007 ------------------------------------------ Short GBP/USD at 2.0019 at 10:22 GTM +45pips Finally, something that looks like a big move. Took a quater of the position off at +30 pips just to be safe. TP unknown as always. ...

A Trading Experiment

Hey FxORCE, I'm not sure what you mean when you say : "the problem is with futures you cannot trade the way the poster wants to trade. people spend a small fortune every month to be able to trade numbers on Futures" I know a guy who does, he uses ...

250 pips slippage on Currenex - ODL Securities

funny how somebody already follows the Signals. Just be careful. I'm quite sure, that if you are a good trader, you can use astrology and make money. Whatever gives you confidence to trade... Best regards, Vlad Zapletin

Predict dollar movement using astrology