Unlucky again. Price went +50 pips over 169.80 and then +50 pips below 169.80 and all my SL hit...

Geppy's Geppy Thread (GBP/JPY)

I think it was like this: Traders are greedy and they want more and more. They entered LONG positions when price goes up. Big boys know how to trade and they entered SHORT positions. Price went down, trades fear and closed their LONG (or hit SL) and ...

Geppy's Geppy Thread (GBP/JPY)

Yes, I know patience is the key. Thank you!

Geppy's Geppy Thread (GBP/JPY)

Great, just without pullback.

Geppy's Geppy Thread (GBP/JPY)

ATR(24) at first low (163.85) is 0.46, so 164.50-0.46= 164.04. If GBPJPY don't break 168.40 level I would like to see it to 166.80 (at least...).

Geppy's Geppy Thread (GBP/JPY)

Break or not? Let's see... Edit: Looks like no break for now... How far down do you think it can go?

Geppy's Geppy Thread (GBP/JPY)

Why didn't you close half or something of this trade when you had +50pips? I will close half of it and put stop loss to break.

EURUSD

Hello! I would like to try something similar. I will trade only most volatile news (NFP, FOMC, GDP, CPI, Trade balance, Interest rate, Employment, Retail sales,...) and pair with less or no spikes. I put buy/sellstop 10-15pips over/under price about ...

NEWS Trading or TECHNICAL Trading?

Not good idea I think because market is in range about 70% or somethink like that.

What do you think about this martingale strategy?

It does not trade as it should with this strategy.

What do you think about this martingale strategy?

Sorry, here is my answer. I'm trying to write some automatical and mathematical based system. There is actually no strategy, with this I mean no signal when to buy or sell. I would like to do something that will save me if my opened order gets in ...

What do you think about this martingale strategy?

I'm not going to do this for any price, as was looking for other people thoughts, comments, ideas,... I'm really happy to get some. Maybe this idea with cycles is worth trying. Thanks again.!

What do you think about this martingale strategy?

OK, as it looks I'll have to stay at manual strategy I have. It is not holy grail but I make constant profits (not big but it is profitable). What I was trying to do is some EA based system that will trade automaticaly, but it looks like this one is ...

What do you think about this martingale strategy?

Many thanks! I'm doing all 4 points you mentioned.

What do you think about this martingale strategy?

Do you have any idea how to avoid this? But I think this not happens often and maybe it will go.

What do you think about this martingale strategy?

Agree. But range is not problem here as you said. With range it think when price is between to values for a long time.

What do you think about this martingale strategy?

Not with this strategy. I'm not talking about strategy in this attached link. It is different and price ranging is not problem. http://www.forex-central.net/AWESOME-Forex-Trading-Strategy-%28never-lose-again%29.pdf

What do you think about this martingale strategy?

Be kind and tell me what other connection/s is/are?

What do you think about this martingale strategy?

As I said thanks for all comments they really help me and I see what others mean about strategy. 1/ Yes, profit or loss will be small. When there is not many waves (3-5) and then some direction of price (small) profit is here. When there are many ...

What do you think about this martingale strategy?

Sorry but really can't see connection between roulette and strategy a posted except multiplication.

What do you think about this martingale strategy?