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- forextrader01 replied Aug 22, 2010
First, hanover has not said that trader Y sells at B to close it at C, he has said that trader Y close his position at B and he won't open another buy position till C, so in this case trader Y take the money and he doesn't open another buy position ...
- forextrader01 replied Aug 20, 2010
From their legal documentation (have you read it?): url Terms and Conditions:
- forextrader01 replied Aug 9, 2010
This post is for you and for Craig and Razzle, here you have a simple EA coded by miself (you can edit it and fix mistakes, if they are) that is not random at all, a system with fixed entries, and the reversal method, it is a daily breakout EA: ...
- forextrader01 replied Jul 3, 2010
Here you have the graphics of 6 popular NFA forex brokers comparing their Adjusted Net Capital from May 09 to April 10: image IBFX, Alpari and Gain go down, FXCM remains equal and MBT and Oanda go up, Oanda specially seems unstopable, it seems ...
- forextrader01 replied Jun 14, 2010
I'm not going to wide SL, when a support/resistance is broken by more than 20 pips, it is broken, even if after the price reverses itself, like we saw with EURUSD last week, but the resistance was already broken, that's because now we see the EURUSD ...
- forextrader01 replied Jun 10, 2010
2nd attempt — This is the second candidate to become a perfect trade: Sell EURUSD @ 1.2117 at the last strong support that has turn into a resistance, SL: 1.2133, TP: 1.1931 image It is also the 50% retracement in the daily chart: image ...
- forextrader01 replied Jun 8, 2010
-700 pips -650 pips Total: -1350 pips image The best is that these 2 trades were "safe", and considering you double up your account every +300 "safe" pips, the question is, how many accounts are you blowed up?
- forextrader01 replied Jun 7, 2010
Charts — - Monthly downtrend: image - Weekly breakout: image - Yesterday breakout and 50% Fib retracement: image - Dollar index near to a resistance: image - 92 is a historical support/resistance: image Why 90.199 as my TP? Because ...
- forextrader01 replied Jun 2, 2010
We are in a lateral market near 2 important resistances: a down trend of the last months and the 1.2444 resistance, when the EURUSD will break the trendline, the next stop will be at 1.24, then it go back a few pips and then, will break the next ...
- forextrader01 replied May 31, 2010
A good book — that I recommend to all followers of this thread: image I have nothing more to say.
- forextrader01 replied May 31, 2010
Yes, I can, this is exactly what is going to happen:
- forextrader01 replied May 21, 2010
EURUSD is gonna close this week near 3 important supports: the down-trend support of past days, the new up-trend support and the last strong support of 1.24444. Next week we will see the final trend of EURUSD till the end of the year.
- forextrader01 replied May 20, 2010
Of course, this is probably what is going to happen (in Forex we can only speak about probabilities, never certainties):
- forextrader01 replied May 20, 2010
You are not going to see the EURUSD below 1.22 in many months: the dollar index is falling near a huge resistance and the Bank of Japan and a fund of 750 billions of the EU from Luxembourg are buying massively euros. The bearish game is over: buy ...
- forextrader01 replied May 18, 2010
An ultra high profitable trade is coming? It seems that USDJPY is trying to breakout the most important support/resistance from time immemorial, what do you think?
- forextrader01 replied May 18, 2010
And the winners are... The bullish:
- forextrader01 replied May 18, 2010
The final decision:
- forextrader01 replied May 4, 2010
pretty good I'm from Spain man, we have it in the blood. In my country, when we win, we go rich and when we lose, we lose everything yeah image Thanks for your support, losing 46 pips right now, still another 90 to margin call, it's ...
- forextrader01 replied Apr 13, 2010
MMM I'm thinking now that I'm in fact WRONG! The probability for the n entry of a martingale don't to be necessary the same than the original entry, it would be 50%... So the real chances of fail would be the following: Sorry about my ...
- forextrader01 replied Apr 13, 2010
What if you combine martingale with High Probability Trading? If you discover a HPT method with, for example, 2/3 of rate success by backtesting for the past 10 years, you have now a (1/3)^n of probabilities to fail with n levels of martingale, that ...