Baruch's Forex System Journal

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Quote from Jayford:

How long have you been trading forex?

That is a SUPERB result. If you can do one fifth of that consistently, you will become a very wealthy trader.
Jay
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Hi Jay,

Thank you very much.

I have not been trading Forex very long. Before I traded indexes, mostly Dax.

PS. How many years have you been a trader?
 
Quote from AC3:

Agreed............. If today were a boxing match btwn Baruch and Mr FX Mrkt it wudda been a 1st round knockout ........
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Hi AC3,

Nice to hear. Thank you very much. But maybe I lose 500 pips today? I suppose my system is very bad, when we have a trading range...
 
Quote from Baruch:

Hi AC3,

Nice to hear. Thank you very much. But maybe I lose 500 pips today? I suppose my system is very bad, when we have a trading range...
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It hasn't happ. yet ....... keep it going !!:cool:
 
Quote from AC3:

It hasn't happ. yet ....... keep it going !!:cool:
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Hi AC3,

Yes, I will try to keep it going. As something new I will also try my system on a 60 min chart - with RSI 100. Just to check how it works. Keep tuned.
 
Quote from Baruch:

Hi AC3,

Yes, I will try to keep it going. As something new I will also try my system on a 60 min chart - with RSI 100. Just to check how it works. Keep tuned.
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No signals yet. But it's wonderfull to look at the 60 min charts...
 
Quote from Baruch:

No signals yet. But it's wonderfull to look at the 60 min charts...
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My system did catch the up-move, but I did'nt trade it, because I slept. You need to trade the system 24 hours a day to get all the pips it makes...
 
Quote from Baruch:

Hi Jay,

Thank you very much.

I have not been trading Forex very long. Before I traded indexes, mostly Dax.

PS. How many years have you been a trader?
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16 years, full time.

If you are pulling the trigger on those trades (vs paper trading them), you have a hell of a future I think.
Jay

PS I have traded just about everything (Equities at Bright, physical commodities, etc), and think currencies are probably the best way to make money, although I daytrade ES also, pretty much every day.
 
Quote from Jayford:

16 years, full time.

If you are pulling the trigger on those trades (vs paper trading them), you have a hell of a future I think.
Jay

PS I have traded just about everything (Equities at Bright, physical commodities, etc), and think currencies are probably the best way to make money, although I daytrade ES also, pretty much every day.
More...

Jayford .... did you trade interbank futures or for your own account...... 13 odd years here interbank and for my own account ... left the street back in 2001 and have been trading FX 4 my own account since then .....
 
Baruch, excellent job so far and good luck with it..

As you mentioned, you might hit a wall once the market goes sideways or gets choppy.

Have o developed a plan yet to stay out of these markets/trade them.?

MOre importantly, IDENTIFY when a market is changing?

just curious.
 
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