My bias for GU is long since asia open. My theretical target is 1.3700 + Asia opened at 1.3650. I was unfortunately out side totay so, could not capture asian low. My entry were 1.3654 and below. Now, coming to your question, one can take fixed ...

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Seriously telling here, if someone unable to capture 20 pips cleanly in a day ( thinking of stop loss ), he needs to go back to drawing board

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my friend here ( 150km away from me ) keeps telling me this. I am in trading since 2010. And i know mostly how GU behaves.

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If you are NY trader, it may or may not work for you

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I seen your question. My answer is there also. It never goes against me at all. Then only, i think of going against me.

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In my strategy, it goes against me maximum 15 to 20 pips. The important thing is it hits my TP without fail every day. Mostly in London session itself. I open trades at 6 pm est in GU only. Set my TP also at 6 pm EST. And i just monitor therefter at ...

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I hope You know there is difference between martingale and averaging. Martingale buy entries for example : 1.3750 1.3725 1.3700 1.3675 Here one is not sure of direction, so keeps adding long entries Averaging ( DCA ) example for buy trades 1.3740 ...

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nothing works/worked for many traders, What worked for you not working for me What worked for me not working for you. It is all about, experience in how one looks at various MTF charts

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It is not averaging strategy, but, I just do averaging to take advantage of max 5 pips. I have posted screen shot above. Just look at that. Anyways, as i said, it is not commercial, so, will not gointo deep in this subject. I have posted entries, ...

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Many have discussed in this thread about stop loss for my strategy. For my system, the price can go against me only when unforseen thing happens. Like one country putting a bomb on another major county.

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i do not have set stoploss because i feel trading is for profit. The price unlikely go against me. No, it does not work on gold

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my 20 pip strategy done for today. On 1 k live capital

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good to know your achievement. Just follow up their payouts. And let us know. I got 2 x 1200. They ditched me 5 x 1200

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It is not commercial, so do not believe me. A guy here in Toronto and I doing this after lots of studies. Being successful. Our target is only 20 pips a day. See the TP hit at one price. This is for today only, Live acc with 1000 capital

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The price has a target to hit 3370 +

Gold

That is analysis, To make 20 pips

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The TP for the day , 20 pips already hit for today. All over for me in FX account.

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3370 is first. Then pull back.

Gold

hey guys, My 20 pip / day strategy works beautifully. Only in GU. Will buy or sell once asia opens at 6 pm . This is my strategy. Will open orders at 6 pm est. Will set TP at 6 pm est. That is it. No emotions in my trading. There was lots of if and ...

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i am selling. Gold for few only. It is still in range

Gold