Recent content by babymonkey

  1. babymonkey

    Mike's journal

    Several nice trades today. Things are looking really good for this strategy. FXCM $63.77 OANDA 107.21 So I started this method December 5th. I've earned 7.2% in a month and a half.
  2. babymonkey

    Mike's journal

    Thanks for asking! Yes, I am still recovering. :-) Actually took a break, relaxed and didn't even look at the markets. Just got back in this last week. Sticking with the same little strategy, I have made sveveral successful trades in 2013. Still growing by baby steps, and still waiting for...
  3. babymonkey

    Mike's journal

    Oh man, the EUR/USD looks like a great short. Well my timing was off. This might be the day that my new strategy shows its true colors...
  4. babymonkey

    my journal 3

    Nice work. You have got to voice these things, because we are not all mind readers. :-)
  5. babymonkey

    Facebook shares

    I work in the technology sector. Facebook is the social media king. When you here the word "social" (and how often do you hear that), what they are really saying is Facebook and Twitter. Of those two, Facebook has the only real money making strategy. Facebook's userbase is rapidly approaching...
  6. babymonkey

    Mike's journal

    Agreed. I sure hope so, it is an exciting prospect. As you say, we'll see how it goes. For me to be sure of myself, I need it to be consistent for at least that long, and double the account a few times before I put more money in. Honestly the more it works, the less I trust it. :-) Time will tell.
  7. babymonkey

    Mike's journal

    Well, we will see when I get to that point. Right now I can't, though I want to! I can't post my FXCM total, because I am still in a trade, been waiting for 2 days now. OANDA $105.59 At least 70 wins in a row. I am loving scalping with sizes!
  8. babymonkey

    Mike's journal

    Well that would be nice, but I would need to have a lot more capital in the account. I have been imagining that the account was actually funded with $100K just for fun. It shouldn't matter what the size is though, it is perfectly scalable, isn't it?
  9. babymonkey

    The Prop Trader Challenge

    Jungles, I am not watching this pair closely, but this looks like a nice setup to me. Good luck man!
  10. babymonkey

    Mike's journal

    Okay, here you go. If you want to waste 9 minutes of your life, watch this video. :-) Trading Riding The Waves - YouTube We are going to have a good laugh out of this some day. Thankfully it is not public, and I thank you not to share it outside this board.
  11. babymonkey

    Mike's journal

    I will try to make another video today, where you can see me employing this strategy for success over and over. While I typed this explanation, it worked again 3 times. Often, right after exiting a position, I take a new one almost immediately.
  12. babymonkey

    Mike's journal

    To surf the waves requires speed, skill, cunning, and a great sense of timing. The only way it works for me currently is if I sit with my finger on the trigger, and continue to follow the current pace of the index. Whenever it gets "too big for its britches" I reprimand it with another short...
  13. babymonkey

    Mike's journal

    Step 1 of my Super-Noob strategy is to determine a direction based on what I call pressure. I watch 6 of the major pairs, with the daily pivot points marked on the chart. Late in the day, when the pivots are soon to change, I mentally mark my own pivot points. In my charting software the levels...
  14. babymonkey

    Mike's journal

    Well it is so simple that it is embarrassing. As I've stated previously, I can't quantify it technically yet. Right now everything is based on my own interpretation of pressure. Stay tuned, I will explain. And we will see how it holds up over time. **Yay, my hundredth post on this board.**
  15. babymonkey

    Mike's journal

    Well another good day, I am still waiting for my new method to fail. I think once it does fail, it will make me feel better. :-) FXCM : $75.37 OANDA $104.31
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