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The “Freeway Panda” Trade

freeway-panda

Why is it called that?  Because consistent profits through good trading is just like Freeway Panda.  This is a giant stuffed panda that I always see when I am driving on the freeway.  I was just driving along one day and I saw it out of the corner of my eye.  Of course, my [...]

The “Man On Wire” Trade

man-on-wire

Trading Forex can seem like a tightrope walk sometimes.  You are always balancing between taking the profit you’ve got and hanging on for more.  One false move and you could die!  OK, I got a little carried away…it’s dangerous, but it’s not “falling hundreds of feet to your death” dangerous.

If you have never [...]

How To Penis Prank A Trader On CNBC…And A Trade

prank-on-cnbc

This post is a little experiment in making my trade reviews more interesting.  I found myself falling asleep yesterday doing my own trade review.  Yeah, doing my own review!   If I can’t even sit through my own trade reviews, how can I expect you to?

But I don’t feel too bad.  I have seen [...]

The First Trade Of 2012

2012-first-trade

Happy New Year!  This is going to be a great year…

Well, I didn’t have to wait long to get a trade setup this year.  Another trade setup in the Wallaby and I took it.  This trade was a little different from other Wallaby trades in that I actually added to the position because [...]

The Last Forex Trade Of 2011

wallaby-trade-results

In the past, I had a tendency to not pay attention to the charts immediately after I closed a trade.  That meant losing out on some excellent opportunities that would have made up for a loss or added more profit to a winning trade.  I’m not exactly sure why that was, but I have [...]

Trade Results For December 28, 2011

2011-12-28-trade

It has been awhile since I posted a trade, but there hasn’t been much to report.  As I mentioned in a previous post, my trades haven’t been setting up so I have just been waiting around.  It is just as well because the holidays have kept me a little busier than usual.

This trade [...]

Results of My Wallaby Trade From Last Night

eurusd-forex-blog

Here is another Wallaby Trade that I did on Monday.  It didn’t last too long, but it was profitable.  The only trouble was that I got out too early and had to go through the torture of watching the price drop even more.  I would have made a lot more on the trade than [...]

Don’t Call It A Comeback…I’ll Be Here For Years

mama-said

Before I get to my completed trades for today, how about a flashback video from 1995?  The opening line of this song is one of my favorites of all time.  It can be a good song to start your trading with…kinda like the theme from Rocky or the Top Gun song.

Just joking, but [...]

It’s Been a Tough Couple of Days

results

Hello everyone, I’ve been working on a project and was not able do my usual posts this week, but I’m getting back into the swing of things.  I did a few trades in my demo accounts and I just wanted to do a quick video on them. One is still in progress and looking [...]

How Does Initial Risk-Reward Affect The EURUSD Wallaby?

backtesting-results

As I continue to dissect the results of my 1 hour EURSUD Wallaby backtesting, I’m looking for different ways to slice the data to find potential advantages.  One thought that came to mind was that using a previous support or resistance point may not be the best profit target on a trade.

Maybe I [...]