At the time of this posting - no interest in fresh shorts unless we see the 9320s.

AUD/USD

AUD/USD extreme low falls at 9130 currently. I'm not saying we'll get there just yet, but the closer we get to it the higher the probability of a reversal.. Short target of .9246 has been hit. Some pullback expected before continuation. I do not see ...

AUD/USD

...no kiddin' - can't believe he woke us up just for THAT!!

AUD/USD

nahhhh.....

AUD/USD

Well, you obviously know what you need to fix. I'm not typing out of hate at all - I've been at this a long time too even though I look "newbie"..... The two things you mentioned are the hardest two things about this and they are key ingredients to ...

AUD/USD

You certainly have the option as well (re: shown' and doing whatever the heck you want), HOWEVER, when you lose 30% of your account over 124 pips, that's hardly a strategy that indicates you have been making any money at this....yet also proves ...

AUD/USD

looking to see what happens in the 9294/97 area...short currently to that at least..

AUD/USD

No surprise about Magix - he just tells it like it is - see, tact came in with his own experience, showed he knew what he was talking about and earned some kudos by doing so. I think Magix is an easy fella to get along with. Show him some respect ...

Martingaling - Looks so good until the inevitable

It depends on maximum margin % usage. Keep that under 6%, run some calcs and I think you'll be shocked at what your account can survive..Now, the practicality of putting your account through it is a whole other matter certainly... Martingaling a ...

Martingaling - Looks so good until the inevitable

It all ties back to money and risk management regardless of system...be excellent at those two things and the rest will fall right in line.

Martingaling - Looks so good until the inevitable

It's mostly wrapped up right here for me: SO MANY traders here go with the idea that "I'll enter short ONCE PRICE MOVES DOWN ___ MORE PIPS!!" << this is CUHHHRAP logic to trade with IMO. Martingale and similar strategies rely on this: "BECAUSE Price ...

Martingaling - Looks so good until the inevitable

IMO - a core principal of trading this market is understanding the statement, "the longer things stay the same, the more they need to change" - for all those who twist their head sideways in wonder of what that means - the longer price moves DOWN, ...

Martingaling - Looks so good until the inevitable

Sitting tight. flat here. Working on GBP/AUD like I work AUD/USD...adjusting some things...adding some things...looking forward to this...

AUD/USD

Is it gambling when you know you'll win though?

Martingaling - Looks so good until the inevitable

That's a pretty sweet "curve" on that one...when that starts compounding I bet it's a sight to behold...

Martingaling - Looks so good until the inevitable

good stuff and perfect cause to set alerts....have your phone go off when you hit a level you'd like to see and trade accordingly...

AUD/USD

I don't agree with doubling positions but I do agree with building a contrarian position steadily, example: My style is to calculate reversal targets. I track and keep up with short reversal targets and long reversal targets on a pair. Because of ...

Martingaling - Looks so good until the inevitable

getting every single pip out every time is IMO impossible. Trade what you're confident in. Bank with confidence. Enter with confidence. Rinse and repeat.

AUD/USD