As you can see I am long on eu and AJ.... Green on both at the current moment.

EURUSD

Right now we are in the accumulation favoring the buy. I would buy here amd set a sell at 1.3596

EURUSD

Still in accumulation at 1.3600. Next wave up should give us +20-25 pips..

EURUSD

The reality is it is anyones guess. Yet we should stay right here to accumulate for awhile.

EURUSD

I would assume you short heavy.

EURUSD

The main pivot on EU is 1.3598 This appears as a nice price to accumulate until London open.

EURUSD

As of right now EU is a buy... Once it becomes a sell I will alert.

EURUSD

So far so good. Accumulation at the price mentioned

EURUSD

EU should go back to 1.3600 and accumulate there. I will hold off on any new positions until then.

EURUSD

News from the AUD has caused that spike.

EURUSD

I would assume a person who be considered a "scam" due to the fact that they are willing to say something which you can't do. Have returns of 110%. Many people have turned over 100% profit trading forex. Just as many people have failed trying to do ...

How to tell if it is a scam?

Leverage alone isn't the problem. It is the equity which you use with leverage. Many people speak badly about high leverage, when all it does is require less funds to open a position compared to lower leverage. I all boils down to the trader. If you ...

leverage and margin

Thank you for sharing PipmeUp. It's just the big time losers in forex seem to be pessimistic about everything in forex. Which is why they only focus on the negative, so IF the negative occurs they can FINALLY be correct about something. To bad they ...

Does the martingale system really work?

Does that appear to be a martingale system to you?

Does the martingale system really work?

Martingale isn't used to change expectancy. It is only used to recover your string of losses much quicker. Which is why talking about win %, or anything regarding % is pointless. As it is mearly an avg. It NEVER translates into real life situations. ...

Does the martingale system really work?

Hello. The current bid price on AJ is 93.145 Once the price closes under 93.13 on the 1m chart I would recommend selling for a major pullback. Until hold the long, or wait for the short.

AUD/JPY

The problem is their is so much negativity with martingale. As if it is the sole reason as to why one will lose. The major portion of winning or losing would be the system itself. Martingale with a crappy system or a long losing streak will eat your ...

Does the martingale system really work?

In correct again. What you RISK is your market exposer. Meaning the amount of money you paid for the lots which you own. That is your wager. That is your risk! This notation which you and your groupies are referring to is "The amount of money you ...

Martingale Simulator (you go bankrupt every time)

Let us try to google the word risk. verb 1. expose (someone or something valued) to danger, harm, or loss.... I wonder what we are exposing of value to danger, harm, or loss.... That would be your capital. As you mentioned the minimum risk being the ...

Martingale Simulator (you go bankrupt every time)

Do you just skim through what I write? I have several formations which I trade. Not all formations experience the same amount of losses. You would literally have to open each trade and compare the formations to what it was I was trading. Due ...

Does the martingale system really work?