Baruch's Forex System Journal

Yes, it's not easy. Maybe Sci has a good idea?

P.S. I love to lock in some of the profit with a stop. And I think we should ALWAYS use a s/l stop.

 

I put some stops in, now I'm gonna try and get some sleep. Hopefully, I won't be annoyed with what I see the next time I look at it....

G'day/G'night.

 

Sleep well, Steve. See your later...

Coming soon:

ZEW Economic Sentiment 9.00 GMT.

Consensus: 49.0 (some says 49.7)

Prior: 49.7

Deutsche Bank forecast: 48

Also ZEW Production.

 

62% retracement, of course

 

The number was 46.4.
Deutsche Bank made the best call.

 

Any trades today, rax?

 

Good fundamental forex website:

www.eurusdtrader.com

Trade without charts (!)

 

Short @ 112.94
Long @ 114.74

130 pip profit is expected.

 

I was in eur/usd, gbp/usd, and aud/usd, I think if you play it right you can use it for many pairs.
thank you

 

Like I mentioned in this thread before, I will be placing my first Live trade sometime this week!

Does anybody have any strategies?

Baruch says to start on Thursday because of eco news.

Does anybody else have any words of wisdom?

Thanks