No - my experience is that backtesting for me has proved itself futile - I can look back at charts and say what I would of done with the rules, but the reality is I break rules - it's in my profile - I can't help it. The tendency to 'break rules' is ...

Ramblings of a Forex Junkie

I think the challenge is finding a method that suits your psychological disposition. The way I see it, we are not all created the same. In my day job I train individuals and companies in an NLP (Neuro Linguistic Programming) discipline. I show that ...

Ramblings of a Forex Junkie

Thanks Chris - I appreciate your insight as always. I did get 28 pips out of the trade (I entered at the daily open and had ridden it down - It's just it could have been nearer 68. I thought it may go to the previous day low, but couldn't watch it ...

Ramblings of a Forex Junkie

Decided to set a tight stop my EU short to lock in profits as I had to go into a meeting at work, and wasn't sure what the news was doing. Typical that it spiked up, took out the stop and went down to the Prev day low (40 pips) which is where I had ...

Ramblings of a Forex Junkie

I shorted from 1.3002

Ramblings of a Forex Junkie

I'm currently risking about 5% per trade - trying to compound to a certain level and will then scale down til my account allow me to live of 1-2%. mmaker - The outcome was cool, but I'm very aware the mistake could just have easily damaged my ...

Ramblings of a Forex Junkie

Interesting trades this morning. I set a pending order for EJ from daily open - due to only just waking up, I put the stoploss (27 pips) in the order amount!! I happened to look at my phone in the car and saw the trade had been activated and I was ...

Ramblings of a Forex Junkie

It hadn't reached my target which was 2:1 - and I was prepared to let it retest the level. I have to have a good reason to move to BE - I have lost out on retests too many times. I don't have a problem getting stopped out - I'm quite comfortable ...

Ramblings of a Forex Junkie

Funny enough I did think about coming out at 1:1 - but I was on my way to work and couldn't really see on my smartphone enough of what was happening. I'm a tiny bit down today, so no harm done really - just wish I'd set the pending buy for the EU on ...

Ramblings of a Forex Junkie

Ok - I missed the EU daily open trade as I had limited time (I have to do the school run at that time) I set pending orders take sell the EJ daily open (not london open as I mistakenly said) which got stopped out.

Ramblings of a Forex Junkie

Thanks - any input would be appreciated I went short on EJ from LO retest. Shouldn't have done that - it's not trending!! image I went short on the EU Previous Day High, but reentered on the retest. image

Ramblings of a Forex Junkie

Done - thanks very much.

Ramblings of a Forex Junkie

Chris, I'm currently long on the EU - can't decide where to target as it looks like it's in thin air - prev week high looks a long way away. Any thoughts/suggestions/clues? Edit - I am in from the retest of Prev day high @1.3131. Have lost two ...

Ramblings of a Forex Junkie

13037 is roughly between prev week high and prev day high. SL is about 25% 5 day ATR (I think) - someone correct me if I'm wrong. I'm actually short on the EJ from 1.2965 - so we'll see which way it's gonna fall Edit - I know SP says he ...

Ramblings of a Forex Junkie

EJ Long from the 3hr before london open - closed that up near the previous week high. Then reversed it from the weekly high down and closed a little passed the previous day london close. EU - Same - went long from retest of 3 hour london open ...

Ramblings of a Forex Junkie

Thanks Chris - and the best bit is I felt so much more stress free while the trades were on.

Ramblings of a Forex Junkie

Can't upload charts as I don't trade in MT4 and my charting software doesn't keep past trades, but todays three trades total 172 pips. image

Ramblings of a Forex Junkie

Lightbulb moment!! It's so obvious...doh!!

Ramblings of a Forex Junkie

Great news method Chris. I was out with my family, but was able to trade the IB on my iPhone. I also exited at the previous week high which I remembered from this morning -55 pips . Just proves you can trade on numbers alone (or at least exit in ...

Ramblings of a Forex Junkie

I shorted this too - have just closed out for 25 pips.

Ramblings of a Forex Junkie