- Search Forex Factory
- 125 Results (1 Threads, 124 Replies)
- The Wizard of Oz replied Aug 25, 2008
When you add any indicator there is a check box at the bottom entitled "add to new subgraph". Just make sure you uncheck this box if you want the indicator on the price chart.
- The Wizard of Oz replied Nov 26, 2007
I decided against keeping an online journal of all my trades as I find it more of a distration than anything else. As I get more comfortable with managing my trades that may change. As for an update. No I didn't blow my account and dissapear. My ...
- The Wizard of Oz replied Oct 5, 2007
Thanks Peter, I actually had no profit target in mind but was using a discretionary trailing stop which i set a bit too wide. I had two high profit trades yesterday on Pound and Ozzie in which i took profits at a target in addition to trailing my ...
- The Wizard of Oz replied Oct 4, 2007
I have not abandoned this journal. I will talk about it tomorrow. It's been a challenging few days. Remind me tomorrow. Wiz.
- The Wizard of Oz replied Sep 27, 2007
OK. Here are my trades from yesterday. 1. long GBP/USD @ 2.0178, initial stop 0148 (30) closed @ 0160 (18/30) -0.6R 2. short GBP/USD @ 2.0160, initial stop 2.0180 (20) closed @ 0180 -1R 3. long GBP/USD @ 2.0185, stop 0157 (28) added @ 0199 closed @ ...
- The Wizard of Oz replied Sep 27, 2007
I've had a few more trades today. I'll update this shortly
- The Wizard of Oz replied Sep 26, 2007
Thanks for dropping by Mike. I always appreciate your input. Wiz.
- The Wizard of Oz replied Sep 26, 2007
Yes, these certainly tend to be the whipsaw areas. Tight stops and flexibility in direction in addition to working my winners should result in a positive overall expectancy. I know it is generally safer to take out the middle part of a trend. ...
- The Wizard of Oz replied Sep 26, 2007
I must admit that it is quite difficult to remain detatched, but i must remember that this is just a numbers game. It's still early days for me and I am still experimenting to a large degree. In time I hope to improve by getting better with my ...
- The Wizard of Oz replied Sep 26, 2007
Wasn't too impressed with this trade, but I must remember it's only a loss. closed @ 0155 SAR - now short from 0155 -0.32R (12/37)
- The Wizard of Oz replied Sep 26, 2007
long GBP/USD @ 0145 (buy stop), initial stop 0108 Added @ 0177
- The Wizard of Oz replied Sep 25, 2007
Hi, Yes, one of my favourites. Most of the probabilities stuff comes from Chris Shea's book "Licenced to Profit" and Mark Douglass' "Trading in the zone". As well as ideas from John Carter's book. In addition to James16 (price action rocks) and Rob ...
- The Wizard of Oz replied Sep 25, 2007
Now for my reasoning for those last trades. My decision point came when price hit and broke the uptrendline. The downward break of that trendline added to the uncertainty, giving me a low risk, high uncertainty long opportunity. The hardest part was ...
- The Wizard of Oz replied Sep 25, 2007
Thanks mate
- The Wizard of Oz replied Sep 25, 2007
closed @ 0184 +2.72R
- The Wizard of Oz replied Sep 25, 2007
linear added @ 0148
- The Wizard of Oz replied Sep 25, 2007
GBP/USD long @ 2.0130, stop 0097
- The Wizard of Oz replied Sep 25, 2007
closed @ 0097 -0.63R
- The Wizard of Oz replied Sep 25, 2007
GBP/USD long @ 0126, initial stop 0080
- The Wizard of Oz replied Sep 25, 2007
Stopped out @ -1R I will use the following colour scheme for my trade results: Red = loss (Max -1R) Blue = a profit <= +3R Green = a profit > +3R These will be my coloured chips which I will use to assess my performance. NB. The initial risk is ...