How long have you got? Seriously I apply some common sense to the method. In a strong uptrend I would not allow the short side. If we are trading inside yesterday's range I would be careful about risk. I set 1 : 1, 3 : 1 and 10 : 1 trades, moving my ...

Trade Outside the Box (TOTB)

Respectfully: I think you may need to spend a little more time with charts and test out some well known chart patterns. (please don't look for head and shoulders it's a newby blunder most of the time). I am giving you a link to some simple charts I ...

Forex is random

There's a good chance I'll cancel my oil buy stop because it's a technical trade and if it doesn't reach my price soon then it's no go.

Cable Update (GBPUSD)

Yes I'm interested. I have a buy stop at 28.60. I'm not as big down there as you.

Cable Update (GBPUSD)

That's the spirit!

Cable Update (GBPUSD)

Is that really you?

Cable Update (GBPUSD)

One of my favourite days for this pair: image

USD/CAD

image

Cable Update (GBPUSD)

Good luck.

Cable Update (GBPUSD)

There may be down days but I think we may get to 1.3 quite quickly. I intend to try to hold for a month or two at least, but I could dump at any time. The trick is not to get over-leveraged so that the down day doesn't turn into a panic day.

Cable Update (GBPUSD)

I don't think we are going back there for a long time. Just my opinion. I have lots of evidence to back up my opinion, but it's just my opinion at the end of the day. Play your own game and let me crash and burn.

Cable Update (GBPUSD)

I'm holding longs overnight and hope to be adding to them tomorrow.

Cable Update (GBPUSD)

Yes, I agree with this. My risk in a trade is defined partly by how much I know about the market at any stage in time.

Forex is random

There is no need to be sarcastic. Well the question is whether it is possible to profit from such moves. You got that much right. That is up to you. Even to say it is completely impossible still does not assign the description "random" to any ...

Forex is random

Try asking a bank for an exchange rate. Their answer will be x today, or if you want the price tomorrow, it will be x+y, or x-y, where y is their profit and where they judge the value to be tomorrow, not an arbitrary random figure pulled out of the ...

Forex is random

Of course, this does not mean it is a constantly winning method. It could be market conditions were very good (I think they were), and also the way I handled the trades.

Trade Outside the Box (TOTB)

No. I think you need to read the thread.

Trade Outside the Box (TOTB)

Somebody might be looking at this scenario, which would spoil this morning's gains... image

Cable Update (GBPUSD)

Thought you may be interested to see my scorecard using a similar method to this for the last month. image (Disposition Your Disposition number tells you how long you spend in winners versus losers. A disposition below 1.00 indicates that you are ...

Trade Outside the Box (TOTB)

Yes I think so.

EURUSD