Search results

  1. S

    Baruch's Forex System Journal

    Cool! Tell us what you did! Post some charts / screenshots! The day has hardly started yet, anyway! :)
  2. S

    Baruch's Forex System Journal

    Out of EUR short, scratch BE. Same goes for AUD short. Might go back into AUD a little higher up though. Booring day...
  3. S

    Baruch's Forex System Journal

    I fired another short on the EUR @180. I know it's not exactly with the trend, but it's certainly got an awesome R:R, so I didn't hesitate... See how go... Targetting probably 50T for target 1, and maybe 100+ for secondary exits. :)
  4. S

    Baruch's Forex System Journal

    Jayford, don't know what you're doing about your GBP long. So far, that looks like one helluva bull base. If I had gone long where you did, I'd probably stay long for a bit. Looks like euro and cable might break out against the US, but then it might just be a fake-out. Myself, just following...
  5. S

    Baruch's Forex System Journal

    I'm outta here @130, so it's +0 and +10. Scratch trade basically after being way in the green at some point. Don't like the development of things, so I'll just stand aside until something better comes...
  6. S

    Baruch's Forex System Journal

    I didn't go long the pound for several reasons. I tried to just sum up some and put them on a chart... as attached. Also, as you know, I am short the EUR. There are a lot of reasons involved, including of course correlation. But chances are equal for both of us to be wrong or right, and as...
  7. S

    Baruch's Forex System Journal

    No, I'm not long the pound... :( But I'm short the EUR 140 & 130... :eek:
  8. S

    Have we seen the Market High for the year?

    I don't know. It all really depends on your perspective, timeframe of reference, and your personal bias of interpretation, doesn't it? Isn't that what trading is all about for ah so many? Trying to look for a reason to reinforce their own wishful thinking? One thing is for sure, before I...
  9. S

    Baruch's Forex System Journal

    Actually, both. If I am not already bracketing according to prior critical price levels or channels, then it will really depend on the situation. Will I anticipate or wait for confirmation? Well, to sum it up as simple as possible, it generally depends on whether the market is ranging or...
  10. S

    Looking for wav sounds

    Hey, looks like nobody has replied here for a while... This thread shouldn't die so quickly... Let's try to create a collection of some cool sounds! Anybody? :)
  11. S

    Esignal just as horrible as ever

    Hello hello, I have to step in and 100% agree with this. eSignal isn't a bad product, but The eSignal "Tech Support" is horrible and obviously staffed with monkeys!!! And I don't want to hear excuses. I want to see changes. Or I'll look for a more supportive vendor. Also, eSignal still...
  12. S

    Baruch's Forex System Journal

    Great words Trend Fader, I fully agree with that. I swear by it too, and admit it's not an easy job (particularly in the beginning). Trading is actually quite simple, but it's certainly not easy. For the most part, it's self-mastery. I keep getting emails today, with people wondering how I do...
  13. S

    Baruch's Forex System Journal

    OK, let's have a look at it. Let's assume you would have gone long at the break of that triangle in March '02, 24 months ago. Let's assume those 24 months represent 480 trading days. In those 480 trading days, you would have made 3,000 ticks, right? So that's 6.25 ticks per day - that is...
  14. S

    Baruch's Forex System Journal

    tykoon2, sorry I really can't answer that much indepth, but I can give you clues: Get all the tapes on-screen, and observe them closely (together with charts) for 3 months. Just watch, really closely, what the tapes do, how they behave at different levels. Watch levels and prices where the...
  15. S

    Baruch's Forex System Journal

    TF, I don't know if there's any point in discussing this. The only way you can figure stop levels is experience and observation IMO, similar to tape reading. But hey, if you start a thread and it works out well - all the power to you! Limit order? Are you kidding? What else would you use...
  16. S

    Baruch's Forex System Journal

    DrBundle, thanks for the words. HOW I pinpoint reversals so accurately? I think the last chart I posted in this thread explains most of it. I just faded the channel lines all day. I couple this with tape analysis, to determine valid turning points, and I look very much at market...
  17. S

    Baruch's Forex System Journal

    Hey Trend Fader! 1) If you incorporate stop gunning, make sure you can really "smell" the stops above / below and have the market linger there. If the air is really "hot" and looks like they'll break it (main reference is tape action), wait for the first guy to throw a grenade, then jump in...
  18. S

    Baruch's Forex System Journal

    Italy? Nice, Baruch! You certainly deserve a holiday after all this trading performance! I love Italy! Where are you gonna go? Lake Garda? Verona? Rome? Sicily? Make sure you get some (musical) culture while you're there! :cool:
  19. S

    Baruch's Forex System Journal

    Hey Genosse, why am I grössenwahnsinnig? :D Ed Seykota did 250,000% in 16 years, and that was non-cumulative, deductive, and after all account withdrawals, on several client accounts! His real cumulative returns were actually several million %. If anyone is grössenwahnsinnig, then...
  20. S

    Baruch's Forex System Journal

    I exited rest here at 108, +50 I've had enough for today folks. I'm up over +250 per contract (you can count), and it's starting to bore me, no real trend or anything today. I would have loved to have been riding a 300+ trend on top of this, but here we go. It's one of those choppy...
Back
Top