Seneca, what pairs do you use for the above breakout method? Only EU?

Ramblings of a Forex Junkie

Thank you, Pip. I think the following reasons conduced to success: - clean & simple entry method (thanks Seneca ) - exit at least at 1:1 risk/reward - limited number of pairs (EJ, EU, GJ, GU, UJ) - only trading (sporadically) from 05:00 GMT to ...

Ramblings of a Forex Junkie

post #80 (breakout method)

Ramblings of a Forex Junkie

I 2nd that!

Ramblings of a Forex Junkie

Thanks, mate. I think some people wouldn't believe me that I am up 20.0R (20%) for the month trading the levels only for the last 2 weeks (10 trading days)...

Ramblings of a Forex Junkie

Just made 2.3R on daily open trades...done for the day, done for the WEEK!

Ramblings of a Forex Junkie

And another nice trading day comes to an end...3.6R account increase with 1% risk per trade. I like the levels...

Ramblings of a Forex Junkie

Wow. I just looked at the iMac spec and some pics...looks very nice. I think this would be my first purchase when I decide to trade from home.

Ramblings of a Forex Junkie

Never used a Mac, but I also was about to buy one. As I mainly trade from the office (as yet), I have to connect to my VPS from my notebook at work. I like the VPS, because I can also connect to trade from my android phone or my tablet PC.

Ramblings of a Forex Junkie

In Germany, I am quite happy with the NY opening time. 6:00 AM for me, but I begin trading around 6:30 before I drive to work at 7:30. Then trading sporadic until London Close at 18:00.

Ramblings of a Forex Junkie

I do not use fibs, I meant 3350.

Ramblings of a Forex Junkie

Another very profitable day trading the levels... +3.1R gain / 3.1% account increase. My trade of the day: EU, entry at previous London Close, breakthrough of the weekly close, exit at the 50 level. I watched price action like a hawk at the ...

Ramblings of a Forex Junkie

Hey tubguy, if your are looking for a fast, reliable broker with low spreads, I can recommend 0anda or Pepper$tone. Spreads at Pepper$tone are slightly better than 0anda's but they charge commission. Cheers, Olarion

Ramblings of a Forex Junkie

Yes, mate. It was a texbook entry bouncing off from the daily open.

Ramblings of a Forex Junkie

Thanks, mate. But your 3% gain was way better. Still learning to trade the levels... Seneca, I really have to thank you for introducing this very clean, logical, profitable method. I like it so much that I will trade it solely ...

Ramblings of a Forex Junkie

Yes, very slow due to US bank holiday. Quite happy with my small win of 1.0R considering the fact that I do not trade fulltime (yet).

Ramblings of a Forex Junkie

Guys, can we please get back on topic and talk about the ideas presented by Seneca (level trading)? Thanks...

Ramblings of a Forex Junkie

I traded 4 pairs: EU, EJ, GU, GJ. And you are right, EJ and GJ made my wins while EU and GU mainly lost today.

Ramblings of a Forex Junkie

I hope everyone had a profitable day...6.0R gain = 6% for me. Had some losses when price spiked around the daily open, but made up my losses and some more later in the day. Have a nice weekend, traders!

Ramblings of a Forex Junkie

Great trade!

Ramblings of a Forex Junkie