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The forex world is very strange, I was going to bed down 2.5% and as you might have thought wondering out loud if this strategy is for me, and then after a 2h power nap waking up to write this update being back to near flat. I keep facing the same writing on the wall, it keeps telling me how...

as per my post last week, I have removed all CHF pairs from trading for a few months, as I noticed a bunch of false signals. And rather then curve fit my system to exclude the losses, i think its easier to just avoid those pairs for a bit here is the updated account, after the removal of all...

I will try to do a weekly outlook section, which will focus on the forex trends. Yes I will take a look at the fundamentals coming up, but this is mostly will focus on currency strength/weakness match-ups. The following is on the Daily time frames Gaining JPY, USD, GBP and CHF Losing AUD...

weekend update 375 pips booked, for a total gain of 1.43% this is the key to this type of trading, low leverage. When you trade the daily time frames, you cant be going more than 10 cents a pip / 1,000 in your account. its a great formula i was taught ( yeah im not the smart guy who created...

i use a stop loss ea which hides the sl until in profit. thanks for your concern

Sorry for the late update, I was exhusted last night, and as soon as I entered the trades crashed. two new trades to report... buy stop GBPNZD 2.0837 and sell stop GBPCHF 1.3756 the GBPNZD got hit, and is currently down about 35 pips. I am having an issue with the CHFJPY, which is now 2/3 of a...

proper money management means i dont have to lose sleep. after all when you trade with the trend you have lots of room for error. i will typically have a 5% float. but the equity keeps growing so thats all that maters

Two new signals were generated at midnight, buy CHFJPY and sell AUDSGD here is the new account status more info is avaliable on my blog. http://forextrendistheway.blogspot.ca/2015/01/thursday-jan29th-update.html you can also follow me on twitter @TheSmokedAces

Glad to hear that other trade the same style. here is an example which I executed just a few minutes ago as you can see the overall trend is down, the pair has had a breather, and it looks like will be resuming its trend, I entered with 1/3 position as a market order, I have another 1/3...

Not sure if there is an exact definition of what I do, but basically I try to get in on trend changes, and re-enter everytime there is a pull back. hope that explains it

Added a few more positions, some were market orders, others limit. the portfolio is taking a CHF strength theme here is the updated screen shot

Since I started trading a few days ago, here is the list of my current positions and limit orders

full disclosure: this isnt my first journal. I have started a few before, constantly forgetting to update them, and finally forgetting I even had one. Call it ADD, odds are yes. My strategy. I have been reading a lot lately about higher time frame trading. I know it sounds weird, after all...

I actually use both of them... I also use money management as I do not just gamble the house on one trade. I try to limit equity options to under 5%... and higher for index

So what I target is big cap stocks in which I can sell spreads that are 30-75 days out and 10-15%+ downside protection while yielding more than 3.5%. so on 20/25 it would be hopefully more that a dime :) let me know...

Sorry to be a bother, but what does that mean? I wouldn't want to do something that is not welcomed here. Thanks in advance

Bachelors of Finance Series 3 Derivatives Market Specialist designation in Canada

I didn't sit by the computer playing solitaire.. I was developing that edge. After all the seed money wasn't found on the street :)

"I have a dream" - Martin Luther King For as long as I remember I have always wanted to be a hedge fund trader, and everything I ever did was try and get to my goal. Sadly I didn't live in the right country when I went to school, and as a result my awesome career on wall street was DOA. Here...

say a stock is trading at 100. and you sell the 85 put and buy the 84 put ( month or two out) the difference between the purchase and the sale of the contracts should be about 0.04-0.06 while your risk is fixed to 1$ max. so you are insuring a stock against a 15% drop, however if its a...