Hi all, I'm going to be taking a break from posting for awhile (a couple of weeks or so) but I'll leave you with this excellent post I found a little while ago. I think it sum's up trading really well. It's been written by a gentleman called Ziad ...

Thanks for your comments permully, I think Market Profile is a great addition to anyones toolkit and I use it a fair bit in my discretionary trading with good success. Thanks for the thread links the're really good and that member - rabid really ...

UPDATE ON LIVE EA RESULTS SO FAR Hi all, First thanks to those that have sent PM with encouragement, it's what makes posting worthwhile I've had some good feedback and chats with a few people off post and am learning a few different ways of looking ...

MECHANICAL EA TRADING VS DISCRETIONARY TRADING Hi all, One of the aims of this journal for me is to reflect on my progress over the last year and a half and to some extent clarify in my own mind what the next stages I need to go through should be. ...

Hi Claudia1, Great to have you along and I think you're in excellent hands with hanover, IMHO I think he's one of the best developers on the forum I'll follow your thread and look forwards to see how it's going. Wish you lots of pips, Take care, ...

Hi vox dei, Wow how disappointing .... Just kidding Completely agree with you on both points. Invariably doesn't matter which way you look at it discipline, hard work and patience is always required. That's why I'm convinced you pretty much have ...

ENSURING INDICATORS ARE EA FRIENDLY Apologies if I jump around a little in this journal but since mentioning custom indicators in the last post I thought it worthwhile making a point in regards to indicators being EA friendly. If your pro the back ...

INDICATOR CRAZY ... SOMETHING I THINK WE ALL GO THROUGH I mentioned earlier that there was a period of several months during which I think I became indicator crazy, I think there are a lot of people that can relate. In this time I collected and ...

Hey vox dei, You can't just leave us hanging like that ... I am now really curious about what you had to say! I've had the same thing happen to me before and it's bloody frustrating ... I'll be waiting patiently Take Care, mim2005

In the last post I spoke about how I had worked for a long time to build up a capital base (and continue to do so). I think many traders probably don't realise how important this is. I believe growing a capital base is just as important as knowing ...

THOUGHTS ABOUT WEALTH IN GENERAL As I mentioned in earlier posts, I invest and trade my own capital full time for a living. But this is something I only started doing full time for the last two years. Prior to this I have been investing for at least ...

Hi all, IMPORTANT: First and most importantly ... I watched this excellent video today, it's a relaxed interview with a highly experienced professional forex trader and I have found it absolutely EXCELLENT. It has confirmed many of the ideas that ...

Hi vox dei, Thanks for the encouragement. Completely agree in regards to the never ending work ... I think some people expect to find an edge, build a system and sit back and reap the rewards for several years ahead, but I think given the dynamic ...

Hi betterlife, Your comments are excellent and well thought out, it's given me much to think about and possibly set the stage for where I will need to focus my efforts in the future. It's only very recently that I've started thinking along the lines ...

Thanks mate ... North East is definitely my preferred direction too I'm hoping the EURUSD trends a little more, I don't mind which way but there's almost a direct correlation between the EURUSD trend and the current equity curve. Cheers, mim2005

Hi all, Just a quick one, further to a previous post on how the EAs try to catch long trend, ( url ) here is a quick example of using short term intra day entries to pick up the occasional long term trend ... potentially lasting several weeks and ...

CONCEPTS THAT MADE A SIGNIFICANT DIFFERENCE FOR ME IN THE DEVELOPMENT OF EAs AND STRATEGIES You can probably see from the notes in my earlier post that when I started working on forex I pretty much back tested all the traditional technical analysis ...

Hi Betterlife, When I initially started using the approaches in these EAs I was worried about how many positions I had open at any one time and what the risk involved would be, in fact I put limits within the EAs to not open more positions once a ...

Hi Vox dei, Thanks for your post. Yes I agree with you in regards to the 'million dollar' question, and I have some thoughts regarding the type/quality of edges that I'm keen to discuss, but it's probably worth a dedicated post, maybe a little later ...

Hi all ... I've noticed this morning there are a couple of good post over the weekend and some very good question ... I will revisit them and give my 2 cents in the next day or so ... but for now .... SO ... WHAT ARE THE PROBLEMS WITH THE ROBOT ...