A75 is no longer offering signals. His positions in NZD/USD I believe had a SL at .8386. I first said that if those stops were hit then the realised loss would have been closer to $45k (compared to the previous $22K unrealised with SL placement ...

Martingaling - Looks so good until the inevitable

I would love someone to be able to confirm whether that figure is true because there are a number of sellers on there who have a following and to be honest not alot of them have huge accounts but some have over a million in subscription fees. I know ...

Martingaling - Looks so good until the inevitable

Thank you David, I knew you would be a part of this having read alot of your posts on the matter and to be completely honest, when I first saw the failure unfolding my first thought was Hanover would love this... So glad you have. Take care RT

Martingaling - Looks so good until the inevitable

url I hope that link take you too it otherwise it is call A75 - Counter trend trading .... (martingale) or something along those lines. Just a quick update on it, they are still hold the last positions and still are in DD of $15,000. Thank you too ...

Martingaling - Looks so good until the inevitable

Not true. Up until a recent run of NZD/USD longs which have continued to fall, the trader had a total closed position profit of close to $125,000. They have also over time taken regular withdrawals and from the info I can see, they have also ...

Martingaling - Looks so good until the inevitable

Just checked it and it has the following Win - 57.94% Loss - 42.06% Ave Gain - 81.30USD Ave Loss - 77.05USD PF - 1.45 The trader has a current unrealised loss of $17,815 which is down from the $23K earlier today. Up until recently the PF was well ...

Martingaling - Looks so good until the inevitable

Why on earth did this get moved to Trading Discussion. The reason I put it in the Rookie Discussion area was as an alert to generally what inevitable happens when you employee a Martingale Strategy and to broker some discussion over it, not to talk ...

Martingaling - Looks so good until the inevitable

There are things in my opinion that may help suggest a support/resistance level will hold but ultimately it is unknown until it occurs. Timeframe - S/R on higher timeframes usually holds more weight so when the market comes into these areas it is ...

How do you determine whether a S/R level will hold or not

Extremely well said. We have the same issue here in Australia at the moment thanks in large to the resource boom. Unions control the masses as hold companies to ransom over wages and when those companies seek more economical measures they are ...

Can the Euro survive?

Oh absolutely. Hang on a sec here's what I will do. I will establish a thread in this commercial section, lay out a game plan to double the account daily with no real plan, just a few things that make the start of the thread look a little credible. ...

Project $1.0m (One Million Dollars)

I was asking myself the same question, but surely not, that would have showed up against his all time figure in some way. Unless he has withdrawn the money and put it in another account which blew ??????

Project $1.0m (One Million Dollars)

I couldn't resist coming back, some people are just suckers for punishment. I was pleasantly surprise to see you string a few winners together, the short order finally paid off, but then you went and did something silly which was go long, and now ...

Project $1.0m (One Million Dollars)

My last comment here, I am sure that the OP has done enough damage but they'll be back. Looking at his profile, he has this account, plus a 50% growth account and finally a backup account. Not sure what the plan there is but if anyone comes on now ...

Project $1.0m (One Million Dollars)

Right about now Mrnicecookie, I would be contacting Mr Pammprof and asking for what's left. I am still gobsmacked at the blatant disregard for the set of rules at the start of this thread, a set of rules you established and regardless of how many ...

Project $1.0m (One Million Dollars)

I hate to be the first one to post this but it is day 1 and already on that short GBP/JPY trade you have broken your rules as hightlight in Post 1 ie Maximum risk per trade 15% and yet here we are trade number 2, after a cocky reply to trade number ...

Project $1.0m (One Million Dollars)

I haven't traded IB's exclusively for years, I am more akin to looking at the market from a Daily/weekly POV, looking for breakouts and then steering into a lower timeframe once I see a potential entry point, but IB's are range candles and the ...

The DIBS Method... No Free Lunch continues

Something was bound to give. Beautiful correlation between the millionth touch, the squeeze and an announcement to make it go pop. Will be a seller on pullbacks at this point. ECB and rates, how low can you go. image

EURUSD