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  1. O

    Baruch's Forex System Journal

    Very limited, that has been the very 1st priority goal - preservation of capital (my first time wiping out experience was 1973), when designing my systems. :confused:
  2. O

    Baruch's Forex System Journal

    The one stopped out today costs me about 26 pips. The market's (average) daily range would be the potential return. I can stop it earlier when watching realtime, but due to my other commitments I will very soon place daily orders and leave them until another day/session. Margin is useful in...
  3. O

    Baruch's Forex System Journal

    If you analyse the markets enough time and costs (you understand what that mean), your accumulated knowledge and experience would tell you a rough estimation. But no one knows for sure, only the market knows how much it gives us. Many say: Entry is the easiest part, worth only 20%...
  4. O

    Baruch's Forex System Journal

    My approach is mostly to analyse and project market directions and the potential probabilities based on historical cases, whether right or wrong. When sometimes, not always, the market direction has quite clearly developed, about 40 pips would be OK, providing the marketmakers don't run your...
  5. O

    Baruch's Forex System Journal

    I haven't fully comprehended his approach yet. Maybe later. :(
  6. O

    Baruch's Forex System Journal

    Yes, many cases are very close about that. :confused:
  7. O

    Baruch's Forex System Journal

    Be careful, please Don't let them mislead you by whatever degrees. :)
  8. O

    Baruch's Forex System Journal

    Depends, I've got too many different types of stops! :D
  9. O

    Baruch's Forex System Journal

    It was Bad luck for just a few pips, again. Now all the directions/trades are favourable/profitable. :mad:
  10. O

    Baruch's Forex System Journal

    That's why meet here. :)
  11. O

    Baruch's Forex System Journal

    My understanding is the Forex market would be the One particular market that is Not subject to insider (information)/trading rules. :confused:
  12. O

    Baruch's Forex System Journal

    The 1st Eur/Usd trade was stopped out. It seems to me this market is still searching its directions. :mad:
  13. O

    Baruch's Forex System Journal

    Add another testing long position @ around 1.2350, with very tight stop placed. :confused: That's all for today. :)
  14. O

    Baruch's Forex System Journal

    The Big Guns make decisions, we follow their decisions. :confused: This is called TA. :D
  15. O

    Baruch's Forex System Journal

    While watching JPY, I wasn't prepared to trade EUR/USD today until replying Scientist's post. The best I could do this time would be around 1.2350. I have a very tight stop this trade. :confused:
  16. O

    Baruch's Forex System Journal

    I'm currently testing a long position @ just below 1.2370 to see what would happen today. :confused:
  17. O

    Baruch's Forex System Journal

    It appears each week is a narrow range of the preceding week for 3+ times, forming a triangle (equilateral?) now. Likely would be a breakout ahead soon. Just 2 censt. :confused:
  18. O

    Baruch's Forex System Journal

    My short was started above the 107.40 level. Luckily still profitable for now. I have placed stops to control the trades. :confused:
  19. O

    Baruch's Forex System Journal

    I believe CCI has been around for some time now. If any single indicator is the Best one, then no more other indicators would be used by any traders, then no more new indicators would be created, then every trader is competing each other within the domain of the particular indicator, then no...
  20. O

    Baruch's Forex System Journal

    CCI might be a little bit comparatively good for visual effects that could be useful to some pattern traders. You may try www.woodiescciclub.com , of course this one as well http://www.elitetrader.com/vb/showthread.php?threadid=29876 . Before one day finding out a holy grail, what we...
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