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Daytrading/scalping with high leverage - my proven strategy

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  • #881
  • Mar 22, 2013 11:35am Mar 22, 2013 11:35am
Thanks to the OP and 919 and Favorite. I am in the EST and have a fulltime job (for the time being) so I am limited to my trading time. I am not as tough as Favorite, so 3AM is out for me, especially having 4 kids. Anyway, I tend to be more of a nervous guy and do not do well with the small ups and downs you have to weather in the larger time frames, so M1 tradingfits my personality very well. I have been trying to force myself into the larger timeframes without much success. This thread has brought me back to where I should be! Thank you!

I have attached a pic of my chart. It is a hybrid of my stuff, Genesis arrows, and some of what I found here.

Also, to the naysayers (most of which only advocate trading larger timeframes), leave if this is outside of your personality. Stick to your larger timeframes and teach Noobs there how to do it your way.

Finally, in honor of 919, a fitting quote:

“The person who says itcannot be done should not interrupt the person doing it” - Chinese Proverb

Attached Image (click to enlarge)
Click to Enlarge Name: babon eu.gif Size: 42 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #882
  • Mar 22, 2013 11:42am Mar 22, 2013 11:42am
Quoting capstone
Thanks to the OP and 919 and Favorite. I am in the EST and have a fulltime job (for the time being) so I am limited to my trading time. I am not as tough as Favorite, so 3AM is out for me, especially having 4 kids. Anyway, I tend to be more of a nervous guy and do not do well with the small ups and downs you have to weather in the larger time frames, so M1 tradingfits my personality very well. I have been trying to force myself into the larger timeframes without much success. This thread has brought me back to where I should be! Thank you!
capstone, Welcome Aboard!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #883
  • Mar 22, 2013 1:02pm Mar 22, 2013 1:02pm
Finally i use 2 templates and it look like this :
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Snap006 2013-03-22, 18_54_13.png Size: 48 KB
Click to Enlarge Name: Snap007 2013-03-22, 19_02_03.png Size: 58 KB
My name is Martin... Martin Gale
  • #884
  • Mar 22, 2013 1:17pm Mar 22, 2013 1:17pm
Quoting condor666
Finally i use 2 templates and it look like this :
Looks interesting!

condor666, can you explain what Tick_On_Charts indicator is all about? Thank you!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #885
  • Mar 22, 2013 3:00pm Mar 22, 2013 3:00pm
It's the ticks in realtime so i can know if there is a big movement there will be another movement against this.
(No idea if i was clear)
My name is Martin... Martin Gale
  • #886
  • Mar 22, 2013 3:03pm Mar 22, 2013 3:03pm
i have a brain child of the discussion here im going to present as soon as i find a CSM that im satisfied with, the system follows works 919gilead jtee1 and inspiration for concept edge by favorite.
  • #887
  • Mar 22, 2013 3:14pm Mar 22, 2013 3:14pm
Quoting condor666
It's the ticks in realtime so i can know if there is a big movement there will be another movement against this.
(No idea if i was clear)
Thank you, condor666, of course you explained it clearly enough!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #888
  • Mar 22, 2013 3:17pm Mar 22, 2013 3:17pm
Quoting perfectgrim
i have a brain child of the discussion here im going to present as soon as i find a CSM that im satisfied with, the system follows works 919gilead jtee1 and inspiration for concept edge by favorite.
That's great, perfectgrim! I look forward to hearing all the details!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #889
  • Mar 22, 2013 3:29pm Mar 22, 2013 3:29pm
If you do this "style" on demo it's 0 .

When i was on demo first time i made 1.3M from 100k ( in 1 and a half month )

Second time i made 48k from 2k ( in 1 month )

Since i'm live ( 1 month already ) , from 2k start , i have 340 .

So please don't come with strategies while you are on demo
Make choices and don't look back !
  • #890
  • Mar 22, 2013 4:42pm Mar 22, 2013 4:42pm
Quoting Purec
If you do this "style" on demo it's 0 .

When i was on demo first time i made 1.3M from 100k ( in 1 and a half month )

Second time i made 48k from 2k ( in 1 month )

Since i'm live ( 1 month already ) , from 2k start , i have 340 .

So please don't come with strategies while you are on demo
Purec, you lost all your money not because there is a difference between demo and live!

The first reason you lost your money is because you're noobie and don't have any idea how to trade properly.
The second reason you lost your money is because you read the EURUSD thread!
The third reason you lost your money is because instead of listening to much more experienced traders you try to give them some advices. Mind your own business, and maybe some day (in 5-7 years ) you'll become half as profitable as DNA is.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #891
  • Mar 23, 2013 5:45am Mar 23, 2013 5:45am
Quoting capstone
Thanks to the OP and 919 and Favorite. I am in the EST and have a fulltime job (for the time being) so I am limited to my trading time. I am not as tough as Favorite, so 3AM is out for me, especially having 4 kids. Anyway, I tend to be more of a nervous guy and do not do well with the small ups and downs you have to weather in the larger time frames, so M1 tradingfits my personality very well. I have been trying to force myself into the larger timeframes without much success. This thread has brought me back to where I should be! Thank you!

I...
Yes welcome on board Capstone
Low Risk Low Stress High Reward High Probability Trades
  • #892
  • Edited 6:06am Mar 23, 2013 5:54am | Edited 6:06am
As I said in post 258 on page 18, "and if a trader is not too lazy and laid back, (s)he should continue to improve his (her) trading system." I am therefore suggesting adding a mini chart to your chart and placing a HTF candle on the M1 chart, so you are cognizant of the trend before entering a trade on the M1 TF. You can add as many mini charts as you want but I prefer just the H1 TF as per attached UJ possible trade. You can download the indicator here.

I trust you now understand why I prefer to provide download links to indicators instead of including the indicators - you can go directly to the source, and get more information about how the indicator works and its setting, and therefore put it to better use.

Enjoy your week-end folks, and spend time resting and with the family.

Cheers, and God bless

George
Attached Image (click to enlarge)
Click to Enlarge Name: uj m1 trade setup - 3222013.gif Size: 99 KB
Low Risk Low Stress High Reward High Probability Trades
  • #893
  • Mar 23, 2013 5:59am Mar 23, 2013 5:59am
Another "proven strategy" to loose all your money ? No, thanks.
  • #894
  • Mar 23, 2013 6:13am Mar 23, 2013 6:13am
Thanks for this great tool, this will surely improve my strategy.
My name is Martin... Martin Gale
  • #895
  • Mar 23, 2013 6:24am Mar 23, 2013 6:24am
Quoting condor666
Thanks for this great tool, this will surely improve my strategy.
My pleasure
Low Risk Low Stress High Reward High Probability Trades
  • #896
  • Mar 23, 2013 7:12am Mar 23, 2013 7:12am
Quoting arturro
Another "proven strategy" to loose all your money ? No, thanks.
you beated all records!!
banned from a thread at your first post in the forum!
  • #897
  • Mar 23, 2013 7:14am Mar 23, 2013 7:14am
Thanks George! Will try it today. Have a good weekend!
  • #898
  • Mar 23, 2013 7:15am Mar 23, 2013 7:15am
Thanks DNA. Tired of all the negative posts.
Quoting dnabrasil
you beated all records!!
banned from a thread at your first post in the forum!
  • #899
  • Mar 23, 2013 12:53pm Mar 23, 2013 12:53pm
I keep getting PMs asking about my M1 "Babon-Ichimoku", so I think I have to explain something.

I already told in the thread that I use two templates, one for entry and one for exits, but so far I posted only one template. When I enter I look at both and the second one shows me whether this entry will be worth it's while, next week I will show the second template and I will describe step by step how I evaluate the possible entry using two templates and how I exit with almost the maximum profit. This week I couldn't do it because the second template contains three TMAs, and somehow using the TMA indicators always brings in a huge amount of the idiots who want to discuss "the repainting issues". But now, when DNA bans the trolls almost immediately, I can show all the details.

But I'll do it next week, not this weekend. I'm tough but I like having a good nice rest during the weekends.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #900
  • Mar 23, 2013 1:08pm Mar 23, 2013 1:08pm
Quoting Favorite
I keep getting PMs asking about my M1 "Babon-Ichimoku", so I think I have to explain something.

I already told in the thread that I use two templates, one for entry and one for exits, but so far I posted only one template. When I enter I look at both and the second one shows me whether this entry will be worth it's while, next week I will show the second template and I will describe step by step how I evaluate the possible entry using two templates and how I exit with almost the maximum profit. This week I couldn't do it because the second...
Thanks Favorite. I'll be very interested to learn more
mind over matter
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