Scaling in, scaling down, averaging down…..Losers average losers?

It is said that the market spends most of the time reverting. If this is true, then why is there so much focus on trend strategies? By focusing on Trend strategies we miss out on most of the opportunities the market presents us.Because of this, I recently have come to decision that reversion strategies are the way to […]

Scaling, Entry Price, Net Price, and Martingale

To win at forex, it ultimately comes down to your net position and final close price. So, every time we enter into an existing position, we modify our net position in hope that our final position will be in profit…. but does it really work? For the longest time, I believed that scaling in or out […]

When 337 pips isn’t enough

The last few days I’ve been watching an uptrend in GBPJPY. My interest was sparked when my Shock and Retrace strategy, on the 1 minute timeframe was triggered. If you’ll recall, FXCM asked me to run the strategy at 1m timeframes to gather some data, which isn’t what the strategy was designed for but I […]

Continuation Strategy, Fail-Safes, and Scaling

I’ve been looking for a strategy that trades more frequently. Looking at the m15 chart, I noticed that many mini-trends usually have a significant price move compared to previous bars, and additionally have many bars in the same direction at the start of the trend… i.e. it has strong momentum at the start of the […]