It has been exactly one month since my last post. I just wanted to give an update on what I have been doing. I have spent the last month researching options within the Forex market. I utilize options extensively trading the Nasdaq and S+P. Why not ...

Well, well, well. Looks like watching the 4hr didn't work out so well. Three problems I encountered. 1. I added to my position before being able to move my previous to break even. This essentially led to a double down situation. Basically resulting ...

This rally from 9700 is looking exhausted. I will be watching closely tonight for a change in direction for cable while being cautious to any upside move. Over the last 7 months cable has moved from 1.88 to 2. about 1200 pips. Hard to claim this as ...

Thanks for the suggestions. My account balance is in the journal. and also the number of standard lots. I trade about 1 lot for every 2500 in equity. The entry is by a breakout - so I set the limit entry and if it breaks the order executes.

We will have to see how the current trade plays out. It is almost 100 pips against me at this point. The criteria for trade entry is still valid so I am holding this position.

Thanks for your post. 1st one to post and not call me nuts.. 1st trade on this journal completed nicely. After 2 years of forex trading, I finally have gotten past setting $ targets. I stay in the trade until my manual trading stop is hit or it ...

I entered the following trade via a sell stop limit. Short GBP/USD at 1.9900. with 3 standard lots. DZ

Trade closed at 9807 with +261 pips. (3 lots at 87pips) New balance 7769.64. This trade cleared Levels 1, 2. Dr Z

Looks like I missed all the fun. Any plans to start up again. I would love in on this. DZ

Interesting idea. Would the following work. Create a MA indicator and use 1 for the MA time period - that should give actual price. I know the iMA does have an entry for Symbol. I don't know exactly how to do it but seems to me logically that this ...

Here are the first 5 target levels. Notice they are not trades. This is because nobody can dictate how much the market will give on each trade. These levels are to give me a mental track of where I am. After hitting level 10 I will start explaining ...

1st trade — Starting account balance is 5,100. I entered the following trade via a buy stop limit. Long GBP/USD at 1.9720. with 3 standard lots. I have also moved my stop to Break Even. DZ