That's an awesome result! Congrats! So you played the breakout trade with EU this time, not GJ?

Ramblings of a Forex Junkie

That's great. Spring comes nearer now in Germany, snow is almost away. Awaiting 20°C on Monday... Just a screenshot from my last level trade...long on EU from the previous week's high. Exit on the mid of the down move (50% fib). Have a nice ...

Ramblings of a Forex Junkie

[quote=FOURX;6595962] Thank you. For SL I use the other side of the range as described in post 80. EDIT: Sorry, stoploss is described later by SP.

Ramblings of a Forex Junkie

Oh yes, you are right. The ORB trades made me 11.97% gain for the last 7 weeks though. Yesterday I skipped the trade as there was 1.31 just above and I had a strong feeling the trade would not turn out positive. Today I entered long with 2 positions ...

Ramblings of a Forex Junkie

The numbers are (must be) projections.

Ramblings of a Forex Junkie

Yes, I did trade the OR (as SP mentioned correctly). I closed one half at 1/1, other half was stopped out at BE.

Ramblings of a Forex Junkie

Me too. Could it be that the big move came from the earth quake that hit Japan?

Ramblings of a Forex Junkie

Well-written by a nice and helpful guy who knows how to teach and trade! Thank you Chris for all the valuable information you've given so far. I'd like to stay in contact and will contribute to the thread (as time allows) as ...

Ramblings of a Forex Junkie

Oh yes, I believe that makes you want to tear your hair out. So there are only 2 solutions: 1. use uppers or 2. change your time zone. Luckily I can trade the whole European and US session if I like during my wake phase.

Ramblings of a Forex Junkie

True. I like the discussion. But in the end it doesn't matter why the price moves in a certain direction, just be on the right side or reverse the position if you are not. Just put the odds in your favor (e.g. fade the important levels), take low ...

Ramblings of a Forex Junkie

Yes, I am! Closed one half for 0.5%, second half running with stop at BE. Looks good, much room above...

Ramblings of a Forex Junkie

SP, for the OR retest...price came close as 3.2 pips to the upper range...would you consider this as a valid retest and enter long or would you enter exactly at the range? I did not enter... You once said you often enter 3-4 pips from the level...

Ramblings of a Forex Junkie

Missed the hourly close due to other work...arrghh...cost me 20 pips... Closed second half for ONLY +8 pips... Looking for a retest long now...

Ramblings of a Forex Junkie

The second half from the OR trade from yesterday is still open...if the hourly bar closes above 1.28099 I will close it and look for a retest long.

Ramblings of a Forex Junkie

Right, but as you know I pay 1 pip additional buffer...just in case the outer range is touched exactly. I do not know if this will pay out in the long run, but it gives me a good feeling.

Ramblings of a Forex Junkie

That's cool he? By the way, I meant right to your profile name, but I guess you figured that out...

Ramblings of a Forex Junkie

You do not need to zoom in...just hold your mouse over the 1 hour bar and you will see the OHLC (Open high low close) values in the bottom right of your MT4 window - just right to your profile name.

Ramblings of a Forex Junkie

Correct! To be more precise: as I use (probably) a different broker, my prices with Oanda are 1.28463 and 1.28709.

Ramblings of a Forex Junkie

Yes, but with stop at BE I do not care...

Ramblings of a Forex Junkie

Thank you. Yes, 1% risk.

Ramblings of a Forex Junkie