Buy high, sell low or more ranging. The range market and buy high market is nearer. As the selling point is quite far away.

Aussie Trading Room and Cartoons Gallery

daily chart 1.0385 still holding well. . only above 1.0405 i am bullish for 1.06 again. meanwhile it should be more range from 1.0405-1.0150. preferably 1.0220-1.0385, until either side get a breakout again.

Aussie Trading Room and Cartoons Gallery

as shared, above 1.0341, the minor resistance was taken out, and traded back into 1.0362 area. Now 1.0340 will act as the minor resistance turns support. Range is 1.0325-1.0385

Aussie Trading Room and Cartoons Gallery

martingale can be applied wisely, if the wrong trades get killed [ cut losers short ] For example, you don't make collapsed trading, if u have a short in red, ur not going to keep adding on new grid and higher to trade back. What u can do is this ...

Does the martingale system really work?

intra-day outlook before frankfurts hour only. if a trader is not greedy, he /she can easily scalp a few here and there.

Aussie Trading Room and Cartoons Gallery

1.0340 was the previous support area, which drop into 1.0326 very swiftly during us session as monday's volatility was quite poor when the range was mainly in 1.0341-1.0362. If support turns resistance is valid, price shall not contain above 1.0341, ...

Aussie Trading Room and Cartoons Gallery

let me share something about stop loss as well — 1.1 What is stop loss? Stop loss is the trading limit of cutting or ending a trade position within the market prior a position has yet to open or after position is opened . Stop loss is ...

Some thoughts about stoplosses and capital growth

here's a profit management method as well. example: assuming if you have no stop loss for the account, yes we may have stop loss for the position or trade order, but what many traders do is they dun have stop limit for themself. assuming, if you ...

My working forex system Brokerslo history

like i said i used to use this strategy " WHEN I started trading " and it's not a complete martingale strategy, its somehow one " since i have no stop loss placed " , that's last time. Anyway i don't believe any beginner with 1-3 months skills in ...

Does the martingale system really work?

they are the same person.

AUD/USD

anyway, do don't make ur chart fanciful with too many lines or indicators. Mb u will agree with my opinion 1-2 years later. Make it clean, neutral, and do learn and understanding about trading hours, market volatility. limits are against trend, sell ...

My Learning Journey

I would trade from one point to another point using fibo without having to scalp, u can scalp the whole day, but once a breakout happen ur GONE. because if u dun take stop loss, ur dead lol. I used to work and trade its not good, its either u do a ...

My Learning Journey

anyway, if you are keen to learn about fibo, i can enlighten you since ur in singapore. The thing is, fibo is just a guide on the bigger timeframe. While intra-day has it own rules as well. We don't predict price and future. Fibo is a a guage and ...

My Learning Journey

i have read your site fxgear before, waiting for more updates on this thread. bookmarked.

Jack's Automated System Development Journal

martingale is very profitable because you don't get stop out easy, u don't takes stop loss easy too. but, martingale like what jack says, where a point you are so afraid of losing your accumulated profits, you lose your entire account when the ...

Does the martingale system really work?

i don't usually post charts i give an example on aus/usd, but seeing u maybe know something about macd and fibo. i give u some tips, perhaps i am nobody on ff. * Don't short a bullish trend. * Don't go against the trend. * Keep loser smaller * Don't ...

My Learning Journey

trading has always supposed to be like that . instead of buy low sell high. fibo are very important sequence of any rejection/ further trend outlook. If u have dollar index, fill it fibo too. U may want to further reduce ur stop loss and target. ...

My Learning Journey

may i ask what fibo tools ur using . whats the name of it, if its public i hope to download it somewhere, if its a private one then nvm

VennD - Any Pairs - Any Style - Any Time

price must reach 1.0340 and sustain above it before we are looking at 1.04 being a Wednesday i think twice of the probability. but if the price don't even conquer 1.0340 i wont look at 1.04, as i don't predict price. who knows it cracks its recent ...

Aussie Trading Room and Cartoons Gallery

here's the drill ; if a support/resistance is broken, don't ever ever do a reverse trade on it only until..... ye it's an industry secret . but just remember one thing in this market 1) Don't marry a trade 2) keep loser short 3) Let profit run ...

How do forex traders predict price?