Using Martingale Wisely
Submitted by User on October 14, 2009 - 15:35.
Submitted by Dachel Miqueli
Ok here we go.
I traded the GBP/USD only, now wait around 12:45am EST to find out that in the past few hours the price has consolidated, then open up the 5 min time frame and 30 or more if you want to.
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Im interested in how well your martingale did. I also have a martingale EA being planned to convert into a EA with some safety features. Garryh@rocketmail.com www.Professor53.com
Well if I understand it right, this method is a big loser - 48 wins and 3 lose series with 5 lever martingale (1+2+4+8+16 = 31).
So 48 W x 123 L
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