Thanks for that info. I will have a look at them.

If you have a direct wire to both of them then fine for you. I still think that others have more "normal" sources on which they rely on. And there are certainly forecasts out there that have that were substiantially more right than wrong in the past.

What do you think how the interest rate decision today will affect the move? Will the price go down again or will it go up even further?

My feelings towards trading without SL are mixed. On the one side it does not confuse me because it is the first that I am winning money by averaging down loosing positions. But at the same time I am freaked out by the big drawdown this can cause so ...

Now I am bit confused. If you dont use a SL but also done average down your trades how can you be successful? That would mean as soon as a trade goes against you you let it open until it comes back. Which would mean that your entries are extremely ...

Hi Bilstein, would you say then that trading with low leverage is the secret behind this method? Do you never have a SL then and just average out losing positions? I still find it hard to win with this method even when having low leverage. It just ...

How long have been trading that strategy which looks good at first sight although having an inbuilt SL is actually like having a real SL.

Wow Really interesting. You are the first one who says it is working for you, and not only with demo or playmoney. What I wonder is how you manage it to get out of positions if they go against you. I had it several times that almost my account was ...

Hi wllen1, you haven't said anything about when you close trades or how big your SL is. So far it sounds good because you seem to let winners run and use the right amount of risk in each trade. For more clarification you could post a screenshot of ...

Hello yonnie, may I ask how long you have been trading this approach and if you do it for a living? Do you also average in your trades when they go against you and do you have a time/maximum loss when you close them despite being in loss? Because it ...

Seems like most traders here, especially those who claim to have more experience are opposing averaging down or martingaling positions. Not a nice prospect for me, even if I appreciate your honest answers, because this was and is the only time I was ...

Wow quite impressive that one. Although I would not dare to martingale that aggressively.

Planing ,when you have them, is easier said then done

So do you trade without SL and average down for example?

Thanks Xela for all those links. I will read them.

Thanks Xela for your answer. The thing is there are so many posts by members in other threads concerning trading without SL and they say that they are profitable. That was the reason why I included some preconditions what is "successfull". Would you ...

Hello Alfred, what do you mean with "has made on the line" and "based on first back price"? You mean a reversal or the closing price of the candle?

Quite impressive so far. Would you mind elaborating your strategy a bit?