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Wrote this in my journal the other day and wanted to post it because I seem slightly more committed that way: Davidmaria - lol the thing is that I moved to a new city and don't really know people around here. My initial plan was to work my ass off on trading at home with a part time job but...

Traded today for a bit but stopped early to play golf. I'm starting to realize that trading isn't one of my priorities right now, and I seem to not truly be enjoying the time I set aside to trade. It's definitely a combination of factors - working full time and wanting to go out or...

After reviewing some of my old posts and some other sources, I think I finally understand the nature of my problem. Honestly I think what happened was that I haven't been trying as hard to improve my trading as I used to. I spend just as much if not more time on market work (and I still work...

Happy to be proven wrong. I'll shut up now :D

I think he's talking about in relation to trends and signals. Anyway, the best reason I've heard and come up with would be that the high and varying leverage creates a lot of unnatural and temporary imbalances in supply and demand, which will create many swinging, meaningless moves. I...

Are you sure this isn't the more important TL at hand? I don't see any meaningful PA occurring above that today.

Closing for the day already. I had a long early in the session which I ended up closing at b/e. I actually wish I had it until now because it was one of those trades that I had it right but then as I perused around I drew a new trendline, was looking at resistance in the area, and then got...

Today I'm back and also early gain because I don't know anyone where I live and have nothing to do. Also, I'm going to be changing up my strategy to get back onto the road toward success. And by that I mean getting rid of all the progress I've made so far. I believe the strategy I had so...

yes. http://www.investopedia.com/university/forexmarket/ Investopedia tutorials will cover everything you need to understand about what's going on (in forex and outside) to get started. No need for other replies to this thread.

Stopped out for a full loss. This is paper just so anyone knows. The funny part about this one was that, if you looked at a 5 min chart, I bought the absolute high and rode it straight down to the current absolute low. This happened because I put my limit order just pipettes above the...

Order reinstated at 1.3955, as the 30 min especially is looking attractive for a possible rally. Normally in these conditions I would do something dumb like leveraging up on a 5 min rally by taking an aggressive signal with a tight stop so as to throw my R:R to maybe 8:1 with maybe a 7 pip...

Order cancelled with new short-term low. I won't be playing any immediate move to the downside.

Because I haven't done so well lately, I'm planning on posting my trades for today's Asian session. I've also started that session a bit early today because I wake up for work at 6:45 a.m., need sleep, and also have nothing better to do. I started about 30 mins ago, and my first order is a...

Hmmm, you are trading the GBP at the start of Asian session and expecting good spreads and movement? Lol rookie mistake. If it was the GBP/USD, that would make my day!

Big, So you combine some technical analysis with your algorithm, I see? Do you just look for things that would throw your algorithm off of the market or do you trade both? Also, I would really like to look into being a quant. I love to experiment and would like to add it to my current...

TayOO, I have greatly enjoyed your thread so far and you've been very kind in explaining everything to us. I'll certainly second that. :)

I would have taken profits at 8:30 with a bounce off the TL but wow I am quite impressed. :) Where can I begin to learn this kind of analysis?

Russell 2000 - 6/15/09 Oops, so I guess the gap patterns I normally see don't transfer from Friday to Monday. Makes sense. Today's trading day: opening was straight and consistently down, and from there we got channeled before a break near the closing bell. I think the final move up...

Thanks TayOO, and again I find your strategy very interesting. :) Let me explain what I meant about your exits, though. Did you exit this trade when the quote reached 1.385 or 1.38, or do you just keep track of future levels as a guide and take reversal signals from your charts/indicators?

Well it didn't really work that time but what method are you using?