Oh, I forgot to mention, you should be able to get good income from that 1 in at least 5 winner. Would have to test make sure the unexpected like the Swiss unpegging last year does not blow out account. I would love to help back test if you care to ...

No Loss Martingale Strategy

If your strategy guarantees win in every 5 trades, you have the perfect stop for a semi-martingale. On the 5th loss, you know something is wrong so you can close out, take a vacation and come back a few weeks later and re-test the strategy until it ...

No Loss Martingale Strategy

I don't think you are talking Martingale, you are talking doubling lot size on a loser trade. A Martingale system is when when you take same trade (like short EUR/USD) and keep doubling the lots on every loss (whether you take the loss or just ...

No Loss Martingale Strategy

Very Interesting! The starter for this thread titles it "The best winning strategy is here" and then states in the very first post that they are not going to tell strategy. So the title says it's here but the first post says it's not here. Quite the ...

bagXpert's strategy is here

I believe this candlestick pattern is called 3 crows? With the large up candle followed by 3 down candles to the bottom and then back up to top on the fifth candle. If you have not been stopped out yet on the short side, it would be prudent to close ...

AUD/USD

A slow burn for Aussie and Kiwi while the 3rd world currencies crash. USD only game in town now that markets have openly decided that USD is going higher.

AUD/USD

A sweet looking bull flag on the 4hr but I got stopped out of my last shorts so I am watching only. Don't see any reason to go shortie here with higher highs and higher lows. This trade may be toast until we turn the crank for 2014?

AUD/USD

Yes, I see that now on a weekly. It may cause some trouble for the downside. Thanks for pointing that out, I will be watching when (if) we get there;-)

AUD/USD

I still like my downside target in the 8688 area. Trade is still moving down nicely although this last downleg is scary. Somewhat resembles a blow off bottom so I am moving down stops to protect profits. The RBA may not deliver the goods this week. ...

AUD/USD

Moving down great now. I don't normally trade breakouts but this one was pretty easy as long term downtrend is intact. I expect to get a bounce in the 8660 area so I will close out shorts around 8688 and try to reload at higher price on a bounce. ...

AUD/USD

Last week we worked off the oversold condition and we are going down HARD now!!! Momentum should carry us to the 8660 area by Friday for the 50% retrace. Possible we see the full 61.8% retrace in August as the pair is been going downhill since April ...

AUD/USD

Fifth day is going to be the "Down Under Day" (Friday for New York traders). There is evening star on third day, and today is fourth day (Thursday) and we are running hard down. We should get huge dollar buying into London session, Bernanke said the ...

AUD/USD

Bragging??? It's hard enough to make a living as a trader as it is without pride getting in the way. Leave the ego trips to sports stars and entertainers. Will make your life easier and your wallet fatter!!!

EURUSD

What day this week will the Aussie go down under? Most weeks, The favorite is second day of the week. Sometimes the third. Rarely the fourth or fifth but this last week, the fifth day was the down under day. A big but is that it did manage to fight ...

AUD/USD

What is your time frame for 2/3 cycle? I am not sure where you at in cycles? I am looking at the rounding bottom this pair has formed. US Dollar is getting stronger by the day the Bernanke is saying no more USD depreciation. Only see higher highs ...

USD/CAD

No big dogs biting on this today! The eur, gbp, and chf had the predictable bank run at 10:00am New York so this pair has no legs now and should collapse under it's own weight. Good idea to short in now before Bernanke talks, as this will pull the ...

AUD/USD

I posted a AUDUSD chart in AUDUSD forum this pattern in 11 out of last 12 weeks. EURUSD has occurred last 3 weeks and looking at the 10:00am EDT candle (the favored time to flush out the longs) we will get a 4th week in a row. The pattern is simple. ...

EURUSD

Not sure what you are seeing in dollar index, my read is very bullish chart. My read is that I see stops being cleared right now from the resistence in the 84.50 area (from the July 2010 high) and then off we go. As far as AUDUSD, July 5, last ...

AUD/USD

It's getting very predictable with Aussie. Starts the week on the upside to get the bottom pickers to think the bottom is in this week. Then, either Tuesday or Wednesday, the heavy hitters run it down hard the rest of the week to clean out the stops ...

AUD/USD

I think there is good possibility the bottom on AUDUSD run is between 8700 and 8600 this run but next 18 month we should see a test of the 8000 area. Australia is small economy and small currency compared to US and FED is going to stop buying US ...

AUD/USD