Hi Jay, Thank you very much. I have not been trading Forex very long. Before I traded indexes, mostly Dax. PS. How many years have you been a trader?
Hi AC3, Nice to hear. Thank you very much. But maybe I lose 500 pips today? I suppose my system is very bad, when we have a trading range...
Hi AC3, Yes, I will try to keep it going. As something new I will also try my system on a 60 min chart - with RSI 100. Just to check how it works. Keep tuned.
My system did catch the up-move, but I did'nt trade it, because I slept. You need to trade the system 24 hours a day to get all the pips it makes...
16 years, full time. If you are pulling the trigger on those trades (vs paper trading them), you have a hell of a future I think. Jay PS I have traded just about everything (Equities at Bright, physical commodities, etc), and think currencies are probably the best way to make money, although I daytrade ES also, pretty much every day.
Jayford .... did you trade interbank futures or for your own account...... 13 odd years here interbank and for my own account ... left the street back in 2001 and have been trading FX 4 my own account since then .....
Baruch, excellent job so far and good luck with it.. As you mentioned, you might hit a wall once the market goes sideways or gets choppy. Have o developed a plan yet to stay out of these markets/trade them.? MOre importantly, IDENTIFY when a market is changing? just curious.