yes. Correct. I don't place trades based on a chart/trendlines/elliott/fibo/stoch/MAs or anything like that.. I place trades based on research of patterns of the pair and the numbers I arrive at. SO: you asked "how": - track 30m data from 0000 GMT ...

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

There was a dip previous (based on monthly) to that indicating the possibility of what you're describing. Depending on your willingness to take a large swing, get your best shorts in order as the pair approaches 110 and the possibility of it ...

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

I'm quite intrigued by some of the "core topics" that are being mentioned in this thread. I can express what I see happen time and time again - currency pairs clarify their upside when moving down, and clarify their downside when moving up. (I can ...

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

I totally agree with albchr.... Keep two things at the forefront though: - Make sure you don't over leverage. This can wipe out gains quickly. Gains like you're seeing right now have me wondering if this is happening some. (I'm saying this based on ...

Winning H1 candlestick patterns

Well, I think it can work on any pair - the key would be understanding extended range of the pair and adjusting the trade spacing accordingly. Understanding extended range also contributes to determining the maximum volume of trades taken. I was ...

Magix, Martingales, and Market Myths

My martin theory: (AUD/USD) The quick math is that you'd have $126 in margin cost against your balance to enter the trades ($1874) At your highest entry of 9548 you have about $31 in drawdown ($1841) adding the .32 trade ($1777) Looks like about ...

Magix, Martingales, and Market Myths

nanningbob's posting is good - but another consideration is how much of a move for each of those pairs is an extended move on a weekly basis. I've found this to be extremely helpful info as well. Ex. - I think I've explained a little about this ...

Trading Without a StopLoss

and it doesn't make a difference - they both should be managed the same way - if you can't manage that thousand like you'd manage that billion this ain't the game for you - you're too emotional.

Martingaling - Looks so good until the inevitable

The difference is only in your head....provided you hear more than a voice singing "I can see for miles and miles..." from within... If it were a difference that were supposed to mean something, wouldn't it be designated by something other than ...

Martingaling - Looks so good until the inevitable

I guess those that think this consider it smart to test on a $100K account then? Let's face it - testing on demo isn't the same as real money on the table, so, my opinion is totally in agreement with yours Chris - test on a live account ...

Martingaling - Looks so good until the inevitable

Nah...happy to hear what you have to say/contribute to the idea here...who knows - we all just might learn something from each other...

Magix, Martingales, and Market Myths

my methodology considers the market very dynamic, so, this is never the same, but here's some basis: I generally have two zones, buy and sell with a "gap" I consider "no trade land". The size of both of those zones changes every day, so, for example ...

Trading Without a StopLoss

favorite quote: "observe the masses and RUN the other way"

Trading Without a StopLoss

This is usually where threads like this go sideways: GEfx - can you provide some detail on what you understand martingale to be? My purpose isn't insulting at all - keeping our individual understanding clear can contribute to the conversation vs. ...

Magix, Martingales, and Market Myths

I can't say I completely understand what you've posted, but, interestingly, your analysis results look similar to mine and seem to have similar results: an area where shorting is the appropriate direction, and area where long is the appropriate ...

Magix, Martingales, and Market Myths

My opinion is that this market is more predictable than believed via price action. I trade with a purely numbers based system for entry/exit and what has been REALLY interesting to me is how fundamentals respond to this regardless of the result of ...

Magix, Martingales, and Market Myths

absolutely true - I posted the number of pips per week based on my own trading..

Trading Without a StopLoss

guess what "happened" to the account or what you did to the account by getting too greedy?

Trading Without a StopLoss

cool...I like you have been at this a while but haven't done anything automated...

Trading Without a StopLoss

averaging 185 pips per week is realistic. Now, here's the thing: If you're just starting out - you're gonna have to pass through the fire just like the rest of us. The easiest way to do that is to make the "pain" of loss as small as possible by ...

Trading Without a StopLoss