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    Baruch's Forex System Journal

    I'm flat at this point, with avg. profits of 23.3 pips/contract. Well, I've been trading through IB, and that's what was available when I started. I'm currently looking at some spot forex companies, but haven't made up my mind which (if any) to choose.
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    Baruch's Forex System Journal

    Moving stop on remaining 2/3 to 12280 in case (as I think is likely) price returns to 12300+ level.
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    Baruch's Forex System Journal

    Having entered @12300, I'm taking partials (1/3) @12270 (this is futures), with an eye to add them back if/when price returns to 12300 level.
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    Baruch's Forex System Journal

    Hi guys, Baruch, you were asking about how I play support and resistance levels. According to my calculations (which may be WAY OFF, lol), I see a major top in EURUSD coming up here somewhere between 12300 and 12315. I would consider this one worth playing with a 20-pip stop. If it hits...
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    Baruch's Forex System Journal

    I see what you mean. I guess this is where all of those hours of painstaking frustration finally pay off -- having the judgement to be able to manage those points successfully.
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    Baruch's Forex System Journal

    No doubt about it, that was a great run, and well played -- there's a lesson in holding on to winners in what he did last week. But if I catch the drift of what he has been saying since, his adding on to trades at the century mark was not a complete strategy in itself, but rather a way to stay...
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    Baruch's Forex System Journal

    I place my support and resistance lines/trendlines the same way everyone else does, I suppose, by observing how price behaves at certain levels. In addition, in forex futures you have the advantage of having volume on the screen, which can be quite a good indication of significant price...
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    Baruch's Forex System Journal

    I'm primarily a S/R (support and resistance) trader. I attempt to get an overall picture of what's going on based on larger timeframe charts (daily, 240 minute), and then translate areas of support and resistance (in the form of price points, trendlines and channels) into tradeable strategies...
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    Baruch's Forex System Journal

    I'd call +/- 500 pips on multiple contracts a pretty satisfactory week indeed!! Thanks, Buk, it's been instructive following your run this week.
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