Daytrading/scalping with high leverage - my proven strategy | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daytrading/Scalping in Crypto markets 357 replies

Dashboard EA based on Daytrading/scalping with high leverage 103 replies

A Proven Simple Strategy (2MAs, 1 RSI) 436 replies

Looking for proven scalping strategy to program 1 reply

Share Something Proven - Scalping Method Please 10 replies

Attachments: Daytrading/scalping with high leverage - my proven strategy
Exit Attachments

Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
  • Trader:
  • Broker:
  • Type:
This Trade Explorer is no longer publicly available.
  • #701
  • Mar 21, 2013 1:48am Mar 21, 2013 1:48am
Hi!
Very interesting strategy, Favorite! At first I thought you exit when the
slope changes color but according to your post 678 it is more
complex. If not you would have too many signals. Am I right?
Thank you.
  • #702
  • Mar 21, 2013 1:54am Mar 21, 2013 1:54am
Quoting jeff75
Hi!
Very interesting strategy, Favorite! At first I thought you exit when the
slope changes color but according to your post 678 it is more
complex. If not you would have too many signals. Am I right?
Thank you.
Yes, jeff75, you're correct! And if you wait to exit until the color changes you would give up most of your profits.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #703
  • Mar 21, 2013 3:06am Mar 21, 2013 3:06am
Good morning. good afternoon, good evening traders depending on your location in this global village. Just wanted to wish all good trading, and leave you with this thought for today:

"Every morning as the sun comes up over Africa, a gazelle wakes up and realizes that it must run faster than the fastest lion or be eaten. Every morning as the sun comes up over Africa, a lion wakes up and realizes that it must run faster than the slowest gazelle or starve. It doesn't matter whether you are a lion or a gazelle, when the sun comes up you better be running!" ~ Unknown
Low Risk Low Stress High Reward High Probability Trades
  • #704
  • Edited 4:08am Mar 21, 2013 3:19am | Edited 4:08am
Attached Image (click to enlarge)
Click to Enlarge Name: € yen.jpg Size: 104 KB


Following the Favorite's strategy I got 20 pips this morning on €/yen. I entered after the red vertical line and I exited near the end of the candle with a red cross. I'm demoing till I perfectly understand the strategy. The time indicated on the chart is gmt time +2.
Thank you Favorite!
  • #705
  • Mar 21, 2013 3:30am Mar 21, 2013 3:30am
Quoting jeff75
Following the Favorite's strategy I got 20 pips this morning on €/yen. I entered after the red vertical line and I exited near the end of the candle with a red cross. I'm demoing till I perfectly understand the strategy. The time indicated on the chart is gmt time.
Thank you Favorite!
jeff75, that's a very good trade! I was trading another system at this time, but if I were trading Babon, I would enter exactly where you entered and I would exit exactly like you, after a long candle.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #706
  • Mar 21, 2013 3:48am Mar 21, 2013 3:48am
Quoting jeff75
Attachment

Following the Favorite's strategy I got 20 pips this morning on €/yen. I entered after the red vertical line and I exited near the end of the candle with a red cross. I'm demoing till I perfectly understand the strategy. The time indicated on the chart is gmt time.
Thank you Favorite!
Nice trading Jeff!
Think you must have the wrong time in France though Looks like your chart is GMT+2 - current GMT time is approx 08:48.....

Favorite - YOU THE MAN!!!

Cheers and good trading!
  • #707
  • Mar 21, 2013 3:54am Mar 21, 2013 3:54am
Quoting jonnypants
Think you must have the wrong time in France though Looks like your chart is GMT+2 - current GMT time is approx 08:48.....
Yes, my broker is GMT, and there is 2 hours' difference with Jeff's time. But of course it doesn't matter!


Quoting jonnypants
Favorite - YOU THE MAN!!!
YES, INDEED!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #708
  • Mar 21, 2013 3:57am Mar 21, 2013 3:57am
Quoting 919gilead
Good morning. good afternoon, good evening traders depending on your location in this global village. Just wanted to wish all good trading, and leave you with this thought for today:
"Every morning as the sun comes up over Africa, a gazelle wakes up and realizes that it must run faster than the fastest lion or be eaten. Every morning as the sun comes up over Africa, a lion wakes up and realizes that it must run faster than the slowest gazelle or starve. [color="Red"]It doesn't matter whether you are a lion or a gazelle, when the sun comes up...
Loving your quotes George!
here's my thought for the day....
If I have seen further it is by standing on the shoulders of Giants
  • #709
  • Edited 5:20am Mar 21, 2013 4:11am | Edited 5:20am
Hi jonnypants,
You're right, thank you. I made the correction on my previous post.
  • #710
  • Mar 21, 2013 4:24am Mar 21, 2013 4:24am
Quoting jonnypants
Loving your quotes George!
here's my thought for the day....
If I have seen further it is by standing on the shoulders of Giants
Yes, so says Isaac Newton
Low Risk Low Stress High Reward High Probability Trades
  • #711
  • Mar 21, 2013 4:43am Mar 21, 2013 4:43am
Ehi, look at my demo account..
Still growing up!!

I like to use it to trade when i'm in doubt,

I think is useful alternate from real to demo, it helps you avoiding over trade.

I think, now, that 20 or 30% per day is enough, probably batter 20..

And for me is quite simple to gain this percentages....


Still growing up my little 111$ real account, to show you all that is possible to make a living from forex,
starting with little deposit..

My goal is to reach at least 2.500$, so with 10% it will be 250$ per day (5.000$ per month).

Today i'm at 17%!!
  • #712
  • Mar 21, 2013 4:53am Mar 21, 2013 4:53am
Quoting dnabrasil

I think, now, that 20 or 30% per day is enough, probably better 20..

And for me is quite simple to gain this percentages....
DNA, I'm glad you started discussing this subject. With our MM it is extremely important not to be greedy. I think 30% per day is a very fine and at the same time a very reasonable goal.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #713
  • Mar 21, 2013 4:53am Mar 21, 2013 4:53am
Quoting dnabrasil
Ehi, look at my demo account..
Still growing up!!

I like to use it to trade when i'm in doubt,

I think is useful alternate from real to demo, it helps you avoiding over trade.

I think, now, that 20 or 30% per day is enough, probably batter 20..

And for me is quite simple to gain this percentages....


Still growing up my little 111$ real account, to show you all that is possible to make a living from forex,
starting with little deposit..

My goal is to reach at least 2.500$, so with 10% it will be 250$ per day (5.000$ per month).

Today...
Failure is simply the opportunity to begin again, this time more intelligently ~ Henry Ford
Low Risk Low Stress High Reward High Probability Trades
  • #714
  • Mar 21, 2013 5:04am Mar 21, 2013 5:04am
Quoting 919gilead
Failure is simply the opportunity to begin again, this time more intelligently ~ Henry Ford


My favorite expression:

"Gentlemen always play by the rules. If gentlemen cannot play by the rules, they change the rules."

I even decided to use it as my signature!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #715
  • Mar 21, 2013 5:06am Mar 21, 2013 5:06am
Quoting Favorite


My favorite expression:

"Gentlemen always play by the rules. If gentlemen cannot play by the rules, they change the rules."

I even decided to use it as my signature!
Very true
Low Risk Low Stress High Reward High Probability Trades
  • #716
  • Mar 21, 2013 8:06am Mar 21, 2013 8:06am
Quoting dnabrasil
Ehi, look at my demo account..
Still growing up!!

I like to use it to trade when i'm in doubt,

I think is useful alternate from real to demo, it helps you avoiding over trade.

I think, now, that 20 or 30% per day is enough, probably batter 20..

And for me is quite simple to gain this percentages....


Still growing up my little 111$ real account, to show you all that is possible to make a living from forex,
starting with little deposit..

My goal is to reach at least 2.500$, so with 10% it will be 250$ per day (5.000$ per month).

Today...

Thank you for the update, dnabrasil. Experimenting with your system is very exciting... and profitable

Keep it going, please!
mind over matter
  • #717
  • Mar 21, 2013 8:09am Mar 21, 2013 8:09am
Quoting Favorite


My favorite expression:

"Gentlemen always play by the rules. If gentlemen cannot play by the rules, they change the rules."

I even decided to use it as my signature!
Nice one, Favorite
mind over matter
  • #718
  • Mar 21, 2013 8:37am Mar 21, 2013 8:37am
this is for all skeptics,

demo account summary

loosing 12k but still is gain of 2.8k....... 280%

yes, i know what you will say, but please, tell us what you think

http://gyazo.com/f12f81f7c3e6f0fab9d62b02fdb26aa4.png
  • #719
  • Mar 21, 2013 8:49am Mar 21, 2013 8:49am
Quoting dnabrasil
this is for all skeptics,

demo account summary

loosing 12k but still is gain of 2.8k....... 280%

yes, i know what you will say, but please, tell us what you think
I think I could not trade a system with a drawdown of 85% and the risk of a margin call. I prefer to enter trades with at least a r/r of 1/1.
  • #720
  • Mar 21, 2013 8:53am Mar 21, 2013 8:53am
Quoting Olarion1975
I think I could not trade a system with a drawdown of 85% and the risk of a margin call. I prefer to enter trades with at least a r/r of 1/1.
well said,

you should find what fits you,

you can try others systems or strategies or MM, but if they don't fit you, change and try other, until you find what "is made for you"
2 traders viewing now