RvrsTrader: — Let me be so bold as to respond for Efex: Its not about making money, at the moment. Its about learning to trade with as little exposure as possible. Let me put it another way: I jumped into this forex system and started learning ...

kiwi is now at 0.6623 — grrrrrrrr............should've stuck with my indicator and not my nerves...I'dve banked 50 bucks.

shorted 1 lot of cable at 1.8715 — stop at 1.8730 No definite target. It looks like shes gonna try for the 1.8600's again. If she breaks in I'll double up and ride it down.

Okay — I got out +1 pip...the fact that one idicator went off real strong and none of the others is just not enough to justify that kind of exposure. Still...a pretty easy 5 bucks. I got out because there seems to be dollar selling across the ...

oops — 0.6615 23 pips... I'm already in the black up two pips on this one (that includes my brokers 4 pips). So I'm eye balling it right now. If price action doesn't play nice I'm out in a blink. If it does continue to drop I'll set my stop at ...

For better or worse, — I got a strong sell indication on kiwi. So, gulp, I just shorted five lots at 0.6638 targeting 0.6625..........NOT ECHOED IN OTHER INDICATORS. My point...I'm keeping a tight leash on this puppy.

wow... — I've been trying to block those retracement memories. Retracement entries can be pretty solid entry points provided you stick with a close stop loss and/or only buy a small amount of position. In other words...do all the usual ...

No retrace ? — Okay....rethinking reentry point. I think AUD is still okay but kiwi and cable seem determined to drop through the floor.

Thats about — where I had it going. Though if I short I'll probably only target 30 or so pips.

Hey — this is a family site!!! 'course I guess its that type of thing that leads to families.... Nevermind....your solid.

I gotta admit — Price action made me think of shorting this pair at 0.7585. Of course I'm looking at 1h rather than daily time scales. Nonetheless...nice to see what the larger picture could entail. I'll keep an eye and a close stop on it when ...

Hey you two — find a room.

yup...nice and smooth and directed — Since there aren't any anouncements I'm betting its FOMC positioning going on. If thats the case we should see some nice technical trading until Wed.

Areas or re-entry: — cable: 1.8760 Kiwi: 0.666 AUD: 0.7585 If the retrace takes us to these positions I will short once I see a significant change in momentum.

Okay...calmer — Philisophically speaking, a large move like what we saw today in london without any whips or reversals, just a steady march, never happens. So its just one of those moves that trading a system is likely to miss, since systems ...

Crap! — My knee jerk emotional response to...get this...a winning day. Why? I had to be away from the computer until now, but didn't want to miss a dip down. I chose to exit my cable position at 1.8780...this was where an ema channel it might ...

where the **** is this Kiwi buying coming from !?! — Anybody have any ideas? I'm thinking of pulling out, taking my few pips loss and catching again on the topside of 0.6700. On the bright side, cable is moving in the right direction.

New week — Thanks NorthPro....been a fan of your journal for a while. Welcome back Bob...I hope posting your trades no longer remains an impediment to profit. Your criticism is, as it usually is, accurate. I think its the difference between ...

End of week — So I was up 16 pips since coming back, but am holding two lots down 27. Not spectacular. Oddly much calmer than usual. I'm still holding the two lots of cable at about 1.8800. I think it will continue its move down next week. One ...

Finally closed my — EUR-USD short of two lots for a whopping 1 pip gain (total profit $1.80 after Swap rates). I still have an open GBP-USD short that I just doubled up on. So, on average, I am short 2 lots GBP-USD around 1.8803...i.e. down 41 ...