Thats nice to know, but assuming all trades are correct, I really would like to know what you would do on step 32? Would you open a 4x long? Happy Trades

MGH System (Martingale Grid & Hedging)

Well done Spyderman, Your reminder for the "open a short only after earlier long(s) is(are) closed" rule has saved my day. Thanks a lot! Now my question for step 32 remains. Happy Trades

MGH System (Martingale Grid & Hedging)

Yes bro.. agree.. I hesitated actually when opening the first short.. so I could open it if my first long would hit TP huh? That's good.. now I know.. the FDAX chart is the latest chart actually.. you can see the pattern if you open a 5min. chart ...

MGH System (Martingale Grid & Hedging)

Wow.. aren't you longing a little early? Just thinking out loud while looking at sriloba setup. I will wait for the 2 green bars first. Only then I will go to 30 min chart and enter if I see a valid sign. But still would like to read the details of ...

The Hurt Locker System

Hi Godan94, Welcome.. Yes sometimes I scalp the 1M, 5M and 15M.. especially on days filled with news and announcements.. Happy Trades

SPX and DAX - CFDs are the place to be

No no.. look closer: Trade #1 didnt close when price arrives at step #3.... so I open another long.. at step #4 both longs are closed.. price goes a little bit down under grid line and comes back and then I opened #5 long that I close at step #6 ...

MGH System (Martingale Grid & Hedging)

I knew there is still something wrong in what I do.. because the system has so many variations.. all rules still not summarized.. so I am trying to find my own way out of this lol.. thanks for your explanations.. Happy Trades

MGH System (Martingale Grid & Hedging)

The closing of #1 is at point 6.. don't get confused please.. but you continue and finish first.. I am following Happy Trades

MGH System (Martingale Grid & Hedging)

Hi Kfx, So far I tested myself on a 5 minute chart DAX trade. The steps I followed are documented in the image. I would really appreciate if you could check these steps and tell me if any of my steps are wrong. I also have a question for step 32.. ...

MGH System (Martingale Grid & Hedging)

Thanks mate.. same wishes to you.. Happy Trades

GBP/JPY

Very nice Arso.. Just a little request: pls let us know earlier.. I guess preparing the chart takes some time, so next time I would kindly ask you to share your action just with text first and later you can add the chart anyway.. Many ...

Eitan's Project

FDAX: My daily analysis gives me a final target of 9014 as long as my golden trendline is not broken by a full candle. It looks like a retrace heading towards the golden trendline can start after a long and boring sideways period. Will see. Happy ...

SPX and DAX - CFDs are the place to be

My targets confirm your theory. I have 2 targets on my radar as you can see on image. I also believe it could go even deeper after my 2nd target is reached. Happy Trades

GBP/JPY

Hi Eitan.. Dax is working so well with MTS.. my last trade was 25.07.2014, I shortened at 9637 after long candle close and it first scared me a bit but then it fell and fell and kept going with pulling my stop loss down.. I was stopped at 9257.. it ...

Eitan's Project

I remeber yes.. its okay then.. of course suite yourself.. Happy Trades

Eitan's Project

Thanks for your kind warnings. I tried mixing 2, 3 systems but it is just creating a big mess and just like you said one is saying "buy" when the other one is saying "sell" and you get stuck.. you get blind after a while.. so I follow only Eitan's ...

Eitan's Project

Hahah welcome then.. well yeah this thread is definitely a "brain polisher" because it will make you think a lot. So enjoy Happy Trades

MGH System (Martingale Grid & Hedging)

Dax is still under pressure.. I wouldn't consider going long as long as I see lower lows on my 1H chart and price is under 9200. But from now on I also think twice when selling. So carefully when taking shorts. It's the best to wait and see what ...

SPX and DAX - CFDs are the place to be

Hi Ridu07, There is nothing wrong with this trade. But again the best place to take this trade was "after the close of very long green candle"... so what changes? One important thing changes: your Take Profit target. If you would enter as soon as ...

Eitan's Project

Oh.. okay now I understand.. I was thinking of something else.. clear now.. Many Thanks and Happy Trades

MGH System (Martingale Grid & Hedging)