Short Target of .9130 has been hit. Expecting a bounce...possibly to the 9290s - 9350s....but I wouldn't be offended in any way by a continuation... (target originated back in late May..)

AUD/USD

or setup with two different brokers...more headache to manage but you'll get used to it...

Martingaling - Looks so good until the inevitable

Illustration purposes... primarily aud/usd and picking up gbp/aud...learn a pair well and there's plenty of ROI there...

Martingaling - Looks so good until the inevitable

why not just have two $5K accounts you trade the same pairs in but in different directions? If you do this, you could balance out your swaps probably... Let's suppose you trade 4 pairs. split them between two accounts: One account: ...

Martingaling - Looks so good until the inevitable

I use a smaller multiplier than 2 regularly. I guess what I do for entries would be considered "pyramid" entries maybe..if we're sticking to pure martingale, well, x2 is it.... More important than entry technique is how you'll go about discovering ...

Martingaling - Looks so good until the inevitable

I'm looking to develop that same edge as well on the G/AUD. On a previous computer long gone and before cloud storage (being so common..) I had a statement of 350 winning trades in a row on EUR/USD using the same "strategy" I've used on AUD/USD so ...

Martingaling - Looks so good until the inevitable

I'll explain exactly what I'm doing with that account right now: If you look at the history of that account, I've traded mostly AUD/USD on it with a method of my own that gives me "my edge". I decided to add the GBP/AUD as another pair I'll trade. ...

Martingaling - Looks so good until the inevitable

So was this really that hard? Thanks for doing it.

Martingaling - Looks so good until the inevitable

Absolutely true. My "toolset" for doing this is a spreadsheet with some calcs and logging 30m OPEN data...From there I log targets and keep up with their success rate. After 3 different pairs and multiple years at this, my findings are: - This isn't ...

Multi-Lot Multi-Timeframe Position trading

I think about 3000 is where I really like to be...or higher...that might tighten up a little over time...

Trading Without a StopLoss

Ok, at a real computer.... can't paste enough times for this post. LOADED with good stuff. The majority of traders forget that money is NOT LOST OR GAINED until you BUY or SELL. Outside of that it's unrealized gain/loss. Simply hold it ...

Trading Without a StopLoss

absolutely agree....

AUD/USD

...and if it were a drummer it would just get faster and faster..

AUD/USD

Interesting...when I started doing this, I did about 1.5 years on the EUR/USD, poured over it all for a while, then, a pretty random charting exercise in excel caused a lightbulb moment...

Let's build together a system which makes 1000%/month

I've pondered doing what I'm doing with smaller time frames...might have to try a few weeks of data or something to see what comes of it..

Let's build together a system which makes 1000%/month

Well, I'll take a look at what you've got. One of the things I finally arrived at was the need to "cut the noise" out of my trading. So, and this isn't a joke, I trade based on 30m opens. I don't worry about anything else - I found it to be ...

Let's build together a system which makes 1000%/month

The universal truth is that price movement is a response to human behavior. This market "rinses and repeats" itself over and over - it just changes ranges while it's habits stay somewhat stable.

Let's build together a system which makes 1000%/month

Certainly, dynamics do change - totally agree with you there. ..wish I had kept up with the EUR from 09 on...would be interesting to see if "current events" were foretold in part via price action. Considering an average of 20 trading (~ a few) days ...

Let's build together a system which makes 1000%/month

Go for a pair you "know" if you want. It may give you a better view of it...

Let's build together a system which makes 1000%/month

Let me know when you have a week of 30m data - I'll add to the pot.... Make your first week on your favorite pair around 1st of May.

Let's build together a system which makes 1000%/month