Recent content by aaronwexler

Are there any clients out there that have any recommendations instead of the Forex firms themselves?

I have been looking for a managed forex account but a lot of the sites out there seem to be more scam like and less than professional. I was just wondering if anyone out there has experience with a managed forex account as well as any recommendations that might be out there. Thanks

I was looking at the trades from yesterday and I found a mistake I made. On the trade at 9:18 that failed, I should have been out and long at the flip of the MA. I am not sure when I missed that and let it go against me to a stop out.

ok so I didn't quite follow my plan but I was pretty close. Long @ 8:41 12824 2 contracts Close @ 9:16 12833 2 contracts +11 I wasn't crazy about this trade because the market had already made 2 good pushes up. The entry required a stop to be placed at a point higher than I thought the...

I am now day trading the YM as well as trading off of daily charts. The following are the simple rules I am following based on my chart indications. The "turns" I refer to are the turns of the moving average in the middle of the chart that are indicated with red marks on the tops and blue...

The Hammer on the 12th is shaping up to be a good one. I was going to trade it as an option but my account had to be set for that so again I missed another one. As an added rule I am letting myself trade the hammers on the daily charts with options if the risk from trading them straight is too...

Well just to recap that hammer turned out to be a nice one. It was a long hold and I would have been out on 4/10 with a profit of 383 ticks. I would have liked to be in on 3/28 but there was no real TL to draw support from. You could tell a lot of other people weren't sure as well but the next...

This jpg of the chart didn't seem to post so I am posting it again for the previous message.

I forgot how hard the psychology of trading is. Today there was a nice hammer in the YM. (see chart) However it came after a week of nothing but up. By definition hammers come after a period of decline in price. see the following ... http://www.investopedia.com/terms/h/hammer.asp However...

I have to agree with the last post......you need a system to trade that you are comfortable with. "Playing around" will only lose you money.

So just an update on that hammer seen on the 14th. I was having chart problem and did not have a historical daily chart of the YM. When I commented on it before not being off of any support I was looking at a chart of the DJI assuming it was similar to the YM. Well I got my charts fixed...

Thanks for the comments. As far as the volume goes I am not sure how much volume constitutes a flushout but there was a spike in volume that day. Time will tell if that hammer turns into a profitable one. rmarshceint I would be interested to hear how you use the candlesticks for intraday...

Hi there, I am a swing trader, trading the YM using candlesticks and Trend lines as my entry point and candlestick patterns as my exit point. I wanted to start a public Journal to keep my "honest" with myself. This way if I stay out of or get into a trade that I should not have I have to...