My recent 'martingale' trade with GBP/JPY is in profit and has been since nearly the moment I placed it. I'm well aware of the chart(s). Thanks for your concern.

The struggles of a Forex trader

I'm surprised your system missed CAD/JPY. It's been rolling all month but I'm guessing it just didn't have enough momentum to get picked up by your scans. I had the same issue with GBP/ZAR a few months back but that was something I had been waiting ...

Diversified Trend Trading Approach

Without a doubt; I'm just saying this might be about the time you get alert to running in the opposite direction for a few months. In the meantime; smoke em if you got em. I don't really follow CAD so I'm guessing that's what you're looking at with ...

Diversified Trend Trading Approach

Slowly. If you know how to win 10-20 wars then you know how to win 1000-2000 battles.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

A friendly reminder from a guy that started to ignore his crystal ball. The future seemed cloudy after he waited a few weeks. Now look where he is. You don't need a crystal ball to see the stars aligning on a clear night.

Diversified Trend Trading Approach

Soon? Probably. But don't count on it lasting long. Without some STRONG upward momentum (which is unlikely to be any time soon) we're going down. Any movement to the upside is just a temporary retracement... one that I'm counting on to flip bearish. ...

USD/JPY Discussion

Oink oink.

The struggles of a Forex trader

I never quit understood "levels". All I see is a cluster of liquidity being exploited. There is no "where" only "when".

Higher Edge within a Single Candlestick

You are closing it down ASAP right?

Diversified Trend Trading Approach

You're joking right? All it means is that the trend for the day is often set shortly after London session opens. It doesn't really matter where you live. You're trading a global market. If you're asleep because it's 3 a.m. or whatever where you are ...

Higher Edge within a Single Candlestick

You are correct; it was. But this one was different. I got baited into thinking it was a normal move; I was anticipating it to be unusual until it started to behave especially normal. That's what threw me off. I started to think I was a day early.

My way to highway

Don't let it get you down. I went against my better judgement a few times.I became impatient after waiting two weeks for this move and got torn apart; many of us did. My calls were spot-on, my price-points were spot on, my timing for them was ...

My way to highway

Buy the dip/sell the rally, buy the break/ride the wave, fade the break/ride the reversal. It's all the same shit. It just depends on when and how you go about doing it. You're either profiting from churn, profiting from the trend, or profiting from ...

Higher Edge within a Single Candlestick

I wouldn't want to trade a Renko. I really meant it's a crazy invention; like MA crosses. There's some basic logic to it but it doesn't get to the root of things. The turtle beats the hare every time.

Higher Edge within a Single Candlestick

Renko charts sure are a crazy invention.

Higher Edge within a Single Candlestick

Closed my EUR/GBP shorts(at a loss) and bought more GBP/JPY longs. This is looking tasty. We'll see Monday what becomes of this wicked game. Just flipping the daily chart shows a crazy parabolic move. Italy will make or break the camel's back. EDIT: ...

USD/JPY Discussion

Roughly +20% for the month. Working, sleeping, and impatience (after waiting for two weeks) cost me huge hits on 3 of the major swings this month. I'm adding another $500 in a couple days to bring the deposit amount up to $1,000. It has been very ...

Verbal diarrhea matches trading skills?