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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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This Trade Explorer is no longer publicly available.
  • #761
  • Mar 21, 2013 12:10pm Mar 21, 2013 12:10pm
Could you add the rsi chartbar ?
Quoting dnabrasil
here i am

some of todays trade

http://gyazo.com/39feb9976a2a32f1dab2fc9c498cad33.png


here we have a 300 ema channel high - low (like 5 channel on 1 hour)

this for showing the overall trend

then th ichi kumo (9.26.52)

the fav's slope 10

rsi chartbar

and finally the LCSM from gilead, probably the setting are changed, so i attache my tpl
My name is Martin... Martin Gale
  • #762
  • Mar 21, 2013 12:12pm Mar 21, 2013 12:12pm
Quoting Favorite
George, that's great! Together we're gonna kick some butt!
You bet Pal
Low Risk Low Stress High Reward High Probability Trades
  • #763
  • Mar 21, 2013 12:12pm Mar 21, 2013 12:12pm
Quoting RougeTrader
Hi George,

I've just read all of this thread with interest and have just set up the LCSM on m1 and m5. Looks very good.

Please can you tell me if the best settings for 1m are still 25 and 3...........?

Thanks for your help

RT
Yes it is
Low Risk Low Stress High Reward High Probability Trades
  • #764
  • Mar 21, 2013 12:15pm Mar 21, 2013 12:15pm
the trolls are ignorant. we did identify that DNA's way works, magically.

then i realise that DNA can trade this way is mainly because of his edge in his entry/exit.

i experimented with my pathetic system (with adjusted small TP, but large SL), and i failed.

DNA said that system is not important, which I humbly disagree. The system (entry/exit) is the 1st thing that this way can work. But unfortunately, 50 pages passed without elaborating it.

Quoting Favorite
DNA, you are absolutely right!

Let's concentrate in this thread on what is really important - the pinpointed entries and the right exits!
  • #765
  • Mar 21, 2013 12:17pm Mar 21, 2013 12:17pm
DNA,

We have done enough talking and need to concentrate on the business of trading. So please DNA, you need to clean house and let ONLY like minded traders remain here.
Low Risk Low Stress High Reward High Probability Trades
  • #766
  • Mar 21, 2013 12:19pm Mar 21, 2013 12:19pm
Thank you George,

Thanks for the answer.You have very nice entries, 5m seems better than 15m Sonic as well. The important thing is to catch that pips and leave ASAP


Quoting 919gilead
Hi Okan,

Yes the GBPCAD was a good one too, as you know we cannot trade all, so I just pick few that agree with the setup and have CS support. The GBPCAD actually generated more pips. Yes I check all possible trades and use the CSM to pick the best option as at the time of the trade. Timing is very important in moving SL to BE, so if cross is happening 30 minutes after, no deal - there is no edge in that kind of trade. On the other hand, if the cross is happening that long, that is divergence, and a reversal is coming which is also a good reason...
  • #767
  • Mar 21, 2013 12:20pm Mar 21, 2013 12:20pm
Quoting Big_A
So what about proven strategy? Seems it has changed, huh? Still looking for a miracle?

Wish that all these so called traders that seek miraculous strategies would simply learn first FX / markets rule: there is no system.

Thank you for giving away your hard earned money.
well, you've just take what i mean:

"ther is no system"

but i add: there is no system, you can do it with whatever system you want!!
  • #768
  • Mar 21, 2013 12:22pm Mar 21, 2013 12:22pm
yes , keep it to like minded ppl., who want the same result.. . an empty account.
FX is not that easy, his trade explorer says it all..
all it takes is 1 day to burn all the profit made in 10 day
  • #769
  • Mar 21, 2013 12:23pm Mar 21, 2013 12:23pm
Quoting condor666
Could you add the rsi chartbar ?
here it is
Attached File(s)
File Type: mq4 rsi chart bars.mq4   3 KB | 524 downloads
  • #770
  • Mar 21, 2013 12:24pm Mar 21, 2013 12:24pm
Quoting okanemici
Thank you George,

Thanks for the answer.You have very nice entries, 5m seems better than 15m Sonic as well. The important thing is to catch that pips and leave ASAP
You're welcome Buddy
Low Risk Low Stress High Reward High Probability Trades
  • #771
  • Edited 12:51pm Mar 21, 2013 12:30pm | Edited 12:51pm
Quoting Favorite
I believe that together we are able to create a M1 system that would give us pinpointed entries with almost zero drawdowns!
That would be a improvement for sure.....
Attached Image
  • #772
  • Mar 21, 2013 12:34pm Mar 21, 2013 12:34pm
Quoting harora
yes , keep it to like minded ppl., who want the same result.. . an empty account.
FX is not that easy, his trade explorer says it all..
all it takes is 1 day to burn all the profit made in 10 day
Unfortunately for all these fortune seekers their accounts are being emptied... I tried so many times to help them but alas most of them (99 %) do not want to listen, that's why our accounts fatten so quick.

DNA, I do not want to be disrespectful - I am just saying that thread name "proven strategy" gives some kind of unrealistic hopes for the so called traders here. That's why I think if you are not earning few bucks for making this thread alive you are just looking for a miracle in FX. Believe me, there isn't one.

First, you have to change your mind and thinking to make next step - starting making profits. And yes, one can be profitable by making 2.5 pips a day. Yet scalping is an extremely difficult style of gambling in any markets. If you can not make profit on the day or week time graphs how can you make it on 5 min or 1 min?

There is no way. And if even one reader here gets it - it will be success from my side - s/he will keep his account at least for an eye-blink longer before emptying.

Good luck to you all, as you will definitely need it.
For my fallen angels.
  • #773
  • Mar 21, 2013 12:35pm Mar 21, 2013 12:35pm
With the 68 traders viewing this in my opinion you need to add 68 more indicators and timeframes and see what you got
  • #774
  • Mar 21, 2013 12:41pm Mar 21, 2013 12:41pm
bla bla bla

http://gyazo.com/3879041a94667a7300599ef6b666ba77.png
  • #775
  • Mar 21, 2013 12:41pm Mar 21, 2013 12:41pm
Quoting Arctic4x
That would be a improvement for sure.....
Quoting harora
yes , keep it to like minded ppl., who want the same result.. . an empty account.
FX is not that easy, his trade explorer says it all..
all it takes is 1 day to burn all the profit made in 10 day
Quoting Big_A
Unfortunately for all these fortune seekers their accounts are being emptied... I tried so many times to help them but alas most of them (99 %) do not want to listen, that's why our accounts fatten so quick.

Poor guys, they even can't read... Poor illiterate souls...

Quoting dnabrasil
just trying to blow the demo account, so who doesn't believe in this trading style will be satisfied and will go away...
I can't imagine how difficult is for them to write... So, DNA, that would be very nice of you if you ban them from the thread - they won't have to ask their friends/relatives to write for them any more...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #776
  • Mar 21, 2013 12:43pm Mar 21, 2013 12:43pm
Quoting Favorite
Poor guys, they even can't read... Poor illiterate souls...
i agree with you!!



Quoting Favorite
DNA, that would be very nice from you if you ban them from the thread
just started!
  • #777
  • Mar 21, 2013 12:48pm Mar 21, 2013 12:48pm
Quoting 919gilead
DNA, We have done enough talking and need to concentrate on the business of trading. So please DNA, you need to clean house and let ONLY like minded traders remain here.
Quoting Favorite
So, DNA, that would be very nice of you if you ban them from the thread
Quoting dnabrasil
just started!
GOOD FOR YOU, DNA!

It's about time!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #778
  • Mar 21, 2013 12:49pm Mar 21, 2013 12:49pm
Thanks for the thread dna much appreciated.

Has given me some food for thought
  • #779
  • Mar 21, 2013 12:51pm Mar 21, 2013 12:51pm
You must be kidding with this stuff. How can you think this method is sustainable it's fools gold. Pros don't trade like and if you think you can out trade the pros with this you are only kidding yourself
  • #780
  • Mar 21, 2013 12:52pm Mar 21, 2013 12:52pm
Quoting 919gilead
Yes it is
Thanks George
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