Baruch's Forex System Journal

Baruch · Apr 13, 2004

Quote from T-REX:

Don't worry I was chillin on the sidelines today too.

Hi T-Rex,

OK, but we could have made big profits in MACE and IPEX.

Baruch · Apr 13, 2004

Here is a good website if you like the eco stuff:

www.newyorkfed.org

nayzak · Apr 13, 2004

well about trl .. it works .. some times one is stopped maximum of 3 to 4 times in a raw .. until trend establish and trl is breached .. so one should enter always either long or short and be in the market all the time ... most of the time when price brach the trl it continues without swinging back .. so one can place orders in both sides and rest and check it later to see profits are running

About brokers in europe .. can you suggest names ...

Thanks

Baruch · Apr 13, 2004

Quote from nayzak:

well about trl .. it works .. some times one is stopped maximum of 3 to 4 times in a raw .. until trend establish and trl is breached .. so one should enter always either long or short and be in the market all the time ... most of the time when price brach the trl it continues without swinging back .. so one can place orders in both sides and rest and check it later to see profits are running

About brokers in europe .. can you suggest names ...

Thanks

OK. Keep us informed.

Brokers in Europe? Search Elitetrader - and you will find. Or PM me.

Baruch · Apr 13, 2004

No trades today. The day started with a lot of buy and sell signals, because the price and MA50 was very close in a trading range. Did not take any of them - because of the range. Later today I have been busy with other things, so I didn't catch the down-move.

Baruch · Apr 14, 2004

The first - a buy - was a b/e. The next - a sell - I have just closed with a gain of 35 pips. Why? There seems to be good support in Euro, and there comes important eco data later.

toby400 · Apr 14, 2004

I am missing something here?

30 minute chart and 50ma - correct/

Should you have been short since 11th April around 1.280 ?

plus prices have been under 50ma since before 11th April.

Am I not using your method correctly?

Baruch · Apr 14, 2004

Quote from toby400:

I am missing something here?

30 minute chart and 50ma - correct/

Should you have been short since 11th April around 1.280 ?

plus prices have been under 50ma since before 11th April.

Am I not using your method correctly?

Hi Toby,

1. Yes, I should. But as I wrote, I didn't took that trade.
2. Yes, many times before 11th April.
3. I hope so.

Baruch · Apr 14, 2004

Quote from Baruch:

No trades today. The day started with a lot of buy and sell signals, because the price and MA50 was very close in a trading range. Did not take any of them - because of the range. Later today I have been busy with other things, so I didn't catch the down-move.

Hi Toby,

Please read this. The biggest problem with my system is that I have to sit 24 hours before my screen to take all the signals.

Baruch · Apr 15, 2004

I am long from @23 (june future). Stop: @46.