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Daytrading/scalping with high leverage - my proven strategy

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  • #861
  • Mar 22, 2013 6:45am Mar 22, 2013 6:45am
Here you 919Giliead: Entry signal as specified in earlier post. Hasn't been tested yet, let me know if you have
any revisions in mind.....Enjoy!!
Attached File(s)
File Type: mq4 1minScalping-v1.mq4   4 KB | 656 downloads
  • #862
  • Mar 22, 2013 6:49am Mar 22, 2013 6:49am
We could be in business if anyone has a definitely 100% hit rate of 2.5-5 pips.
  • #863
  • Mar 22, 2013 6:50am Mar 22, 2013 6:50am
I am off for now and will probably be in the background scouting through the charts in case any trade is still lurking there, otherwise I am done for the week, and will try catching up with much needed sleep being 8 hrs behind GMT.

It's been nice trading with you folks and fighting the so many negative comments on this thread but different ones have suggested and provided alternative and safer way to trade the M1 TF and trust you gleaned something and will trade safe and make some green pips. Contributing my little quota here has been very rewarding as I've met some really nice people and come across great programmers that are helping with some of my ideas. So it was no waste of time being here. I will concentrate more on my trading from next week but will pop in once in awhile to see how you great folks are doing and to probably share my trades too.

And as I go I leave you with this quote from John Keats: "Failure is in a sense the highway to success, as each discovery of what is false leads us to seek earnestly after what is true."

Trade well guys and you all have a great week end, and God bless


George
Low Risk Low Stress High Reward High Probability Trades
  • #864
  • Mar 22, 2013 6:53am Mar 22, 2013 6:53am
Quoting 4xplosion
Here you 919Giliead: Entry signal as specified in earlier post. Hasn't been tested yet, let me know if you have
any revisions in mind.....Enjoy!!
Thanks 4xplosion. Will test over the week end, and revert to you.

Great job
Low Risk Low Stress High Reward High Probability Trades
  • #865
  • Mar 22, 2013 6:53am Mar 22, 2013 6:53am
Good day! Thanks for the theme ..... Favorite for light and interesting ideas .... for myself found this approach took template favorites, threw more light superskalper05, formation levels for m15, and try to come in to the candles were on the shortlist, the Long superskalper05 above the bar ... levels ... so as not to run into while testing a turn ....... ........
Attached Image (click to enlarge)
Click to Enlarge Name: m11.png Size: 92 KB
man is capable of much, only not everyone knows, on what he is capable
  • #866
  • Mar 22, 2013 6:59am Mar 22, 2013 6:59am
Quoting 919gilead
It's been nice trading with you folks and fighting the so many negative comments on this thread but different ones have suggested and provided alternative and safer way to trade the M1 TF and trust you gleaned something and will trade safe and make some green pips. Contributing my little quota here has been very rewarding as I've met some really nice people and come across great programmers that are helping with some of my ideas. So it was no waste of time being here. I will concentrate more on my trading from next week but will pop in once in awhile...
Gentlemen always play by the rules. If they can't, they change the rules.
  • #867
  • Mar 22, 2013 7:06am Mar 22, 2013 7:06am
Quoting 919gilead
Here you go - this was in post 281 on page 19
Thanks!
  • #868
  • Mar 22, 2013 7:07am Mar 22, 2013 7:07am
Quoting lastingwell
No...scroll down until you see M5_per and M5_fast and change the settings there.
Thanks!
  • #869
  • Mar 22, 2013 7:08am Mar 22, 2013 7:08am
Quoting Favorite
Coming together is a beginning; keeping together is progress; working together is success ~ Henry Ford
Low Risk Low Stress High Reward High Probability Trades
  • #870
  • Mar 22, 2013 7:09am Mar 22, 2013 7:09am
Quoting MidnightRun
Thanks!
You're welcome
Low Risk Low Stress High Reward High Probability Trades
  • #871
  • Mar 22, 2013 7:19am Mar 22, 2013 7:19am
Quoting zapad13
Good day! Thanks for the theme ..... Favorite for light and interesting ideas .... for myself found this approach took template favorites, threw more light superskalper05, formation levels for m15, and try to come in to the candles were on the shortlist, the Long superskalper05 above the bar ... levels ... so as not to run into while testing a turn ....... ........
Thank you, zapad13! Very interesting approach!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #872
  • Mar 22, 2013 7:30am Mar 22, 2013 7:30am
Quoting 4xplosion
Here you 919Giliead: Entry signal as specified in earlier post. Hasn't been tested yet, let me know if you have
any revisions in mind.....Enjoy!!
Thanks again Rick. It's working fine. I have placed two of the indicators on my chart - one to identify the long term trend on the M1 (with alert), against which I will not trade and the 2nd one as per default setting and without alert, for entry and re-entry as this reduces the noise of alerts every few minutes from different charts.

Great job, and have a great week end.

Shalom

George
Attached Image (click to enlarge)
Click to Enlarge Name: eu m1 trade setup - 3222013.gif Size: 97 KB
Low Risk Low Stress High Reward High Probability Trades
  • #873
  • Mar 22, 2013 7:33am Mar 22, 2013 7:33am
Hi everybody!
If someone is interested, I'm trading consistenly with The System II (Yes with irony), on time frame M5. I'm using the DNA's leverage, tp 5 pips, sl 30pips (but is an emergency sl, if price goes too much against me, or take to long time I close the deal.).
The only thing that I have implemented to the system is a 200 sma on the chart, if price is below I only short, if it is above, i only take longs. But if price shows that its time to counter trend, and is at least 20 or 30pips from the MA, its posible that I risk that. Most of the time I don't need to counter trade, but some times I do.
I go for 15 - 20 pips a day, but it can be more, I'm just happy with that.
you can find all you need here: http://www.forexfactory.com/showthre...ighlight=irony

Keep the good job!
I know where the market is going to move next: to the righ! XD
  • #874
  • Mar 22, 2013 8:02am Mar 22, 2013 8:02am
Quoting fugio
Hi everybody!
If someone is interested, I'm trading consistenly with The System II (Yes with irony), on time frame M5. I'm using the DNA's leverage, tp 5 pips, sl 30pips (but is an emergency sl, if price goes too much against me, or take to long time I close the deal.).
[size=2]
The only thing that I have implemented to the...

Yes, The System II is a very good system for M5, I traded it for a little while - really nice!

fugio, do you trade only EURUSD?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #875
  • Mar 22, 2013 8:16am Mar 22, 2013 8:16am
Quoting Favorite
I live by EST, I start trading around midnight (EST) and trade until approximately 11:00 AM (EST), and I would say that EURJPY can be VERY active during those 11 hours AT ANY TIME.
Ah North America cool, you got much more space than us cramped (and skint) Europeans
Do you trade from midnight on Sunday night too? How do you find it?

MidnightRun - you need to do exercise (stepper is good for small footprint) and learn how to 'power nap' Japanese style - a few pointers for you

https://www.youtube.com/watch?v=yRUcAe1z8xE


https://www.youtube.com/watch?v=gZ0oEedMX6s
  • #876
  • Mar 22, 2013 8:32am Mar 22, 2013 8:32am
Quoting jonnypants
Do you trade from midnight on Sunday night too? How do you find it?
Yes, I trade from midnight on Sundays too, by this time the gaps either disappear or don't matter any more. I'm just a little bit more cautious than usual on Sundays.

Quoting jonnypants
Ah North America cool, you got much more space than us cramped (and skint) Europeans
Yes, we are both big and cool!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #877
  • Mar 22, 2013 9:02am Mar 22, 2013 9:02am
Quoting Favorite
Yes, The System II is a very good system for M5, I traded it for a little while - really nice!

fugio, do you trade only EURUSD?

Hi Favorite!
I trade EU, EJ and GU, during New York session.
I tried to do what you do, and trade London, but it is very dificult to me!. Honestly and don't know how you do it! hehe
I know where the market is going to move next: to the righ! XD
  • #878
  • Mar 22, 2013 9:35am Mar 22, 2013 9:35am
You don't have to bet the farm to trade you know And for those still doubting the viability of an M1 trading strategy - this is another live example - Euro long @ 29636 with SL @ 29476, and PT @ RN 3000. 36 pips in 4 minutes with just 16 pips risk.

In the words of Henry Ford - "If you think you can do a thing or you think you can't do a thing, you're right."


I leave you again with these 2 additional quotes to mull over:

Success seem to be connected with action. Successful people keep moving. They make mistakes but they don' quit ~ Conrad Hilton

Never turn your back on fear. It should always be in front of you, like a thing that might have to be killed. ~ Hunter S. Thompson

Have good one all. I'm finally off

George
Attached Image (click to enlarge)
Click to Enlarge Name: eu m1 trade setup2 - 3222013.gif Size: 111 KB
Low Risk Low Stress High Reward High Probability Trades
  • #879
  • Mar 22, 2013 10:12am Mar 22, 2013 10:12am
Quoting fugio
I trade EU, EJ and GU, during New York session.
I see, thank you! When I traded System II, I traded EURUSD and GBPUSD, but not EURJPY, so it's nice to know.


Quoting fugio
I tried to do what you do, and trade London, but it is very dificult to me!. Honestly and don't know how you do it! hehe
As I said, I'm tough!

Maybe I look like a nice guy , but I'm as tough as nails!

Well, I think you just have to get used to it. I think if you really want, you can get used to anything!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #880
  • Mar 22, 2013 10:35am Mar 22, 2013 10:35am
my heaven, how did you get 10v? from your neighbours?

2.5 vs 100 = R/R ??? go back to babypips.......

Quoting 60minuteman
so 2.5 pips tp and 100 pips sl is not negative R/R for you?
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