Short day for me today. Done before the FOMC release which works out just fine. I took one of this trade in my real account

Ramblings of a Forex Junkie

Thanks SP duely noted. I was aware that it is 3rd test as well but went with it anyway because it is lunch. I think I was influenced by the fact that the pound bounced off the daily low 3x. But definitely, I wouldn't trade a 3rd touch without at ...

Ramblings of a Forex Junkie

Today almost seemed perfect..I'm gonna start paying more attention to time

Ramblings of a Forex Junkie

I definitely see the logic behind that (as well as the evidence) Both occurred right at their respecting opening times.

Ramblings of a Forex Junkie

Case in point, /ES just now. daily close at London Open

Ramblings of a Forex Junkie

Gold has been respecting these levels pretty well so far. 3 wins 0 loss thus far. One thing I'm beginning to notice is that more important than price level is time itself. In other words, the time at which these price levels get hit seems to be a ...

Ramblings of a Forex Junkie

Going through charts for the day../CL playing perfectly off the weekly high

Ramblings of a Forex Junkie

Progress for the day:

Ramblings of a Forex Junkie

Google eminiaddict. He primarily use it on the futures market

One does not simply buy low and sell high

How's this for the first demo trade? I have the gap fill on my side too. Risk was 2.0 and was going for 3.5 profit.

Ramblings of a Forex Junkie

By the way, this method really reminds me of the ACD method written in The Logical Trader by Mark Fischer. Are you familiar with it SP?

Ramblings of a Forex Junkie

Thanks for the lookout

Ramblings of a Forex Junkie

The close from Thursday and the reaction on Friday towards it was the first one I tested. From that alone I was already almost convinced this will work lol By the way, did you have a script for those close or did you draw them in manually?

Ramblings of a Forex Junkie

For now, I'm going to experiment with the globex close at 4PM CST. I backtested a little bit (not too much since I can only go back 20 days on 15min time frame) on /ES, /YM, and /TF. One thing I noticed is how often price will bounce off the daily ...

Ramblings of a Forex Junkie

Spent my weekend going over this thread. I will be testing this out on futures trading (mainly /ES) on demo for a month to see how it performs before using real money on it. I'll be using 5 lines: Week High/Low Day High/Low Yesterday's Close I'm ...

Ramblings of a Forex Junkie

Looks almost like what Dave Halsey has been teaching for futures trading

One does not simply buy low and sell high

Slowly going over this wonderful thread right now and thank you for the contributions SP. Just out of curiosity, do you think this method work in the forex market only? I read that you have traded futures prior to this and was wondering if you have ...

Ramblings of a Forex Junkie

What exactly is a fib pivot?

Psych Levels, Pivots, and Trendlines - Resurrected

Great article on MM forexcube! This definitely falls in line with what I have been observing lately. After trading %based MM for a while, I recently decided to go with fixed amount (due to transition into futures trading) and find it a lot better. ...

15-100% per anno

Good to see you guys making lots of pips in here with some clean and simple charts I've been trading with pivots and psych lines on dow and pound futures.. work like a charm

Psych Levels, Pivots, and Trendlines - Resurrected