Daytrading/scalping with high leverage - my proven strategy | Page 111 | 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.
  • #2,201
  • Apr 15, 2013 8:26am Apr 15, 2013 8:26am
Quoting bluejack
It is indeed a strong pullback...
Yes, 50+ pips pullback on M1 - not every day you can see this.

Quoting bluejack
I have been struggling with trading and especially pulling the trigger. Thanks for giving me the confidence with this system . Favorite.. You are my FAVORITE..
Thank you, bluejack! We're gonna kick some butt!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,202
  • Apr 15, 2013 8:30am Apr 15, 2013 8:30am
You are right Favorite.
P.A. its the way to go.
I will study and practice to get more confidence in my analysis!
Here another trade I took using "1TMA beyound Cloud" plus Stochastic coming from OS.
My target was 10 pips, but slippage made a 14 pips trade. Great!!
I hope learn to still in trade longer.
Then I can get this awesome trades you keep showing us.
Attached Image (click to enlarge)
Click to Enlarge Name: 15.04.13 1.png Size: 113 KB
  • #2,203
  • Apr 15, 2013 8:31am Apr 15, 2013 8:31am
Quoting giulius777
favorite you are right. I wrote long and I don't know why...my brain is gone for today Actually was SHORT @128.338
What is important - you ENTERED right! The wrong word in the post somehow doesn't count in your pocket!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,204
  • Apr 15, 2013 8:42am Apr 15, 2013 8:42am
Quoting dnabrasil
Well my friend…. Those are “difficult” days for me: i cannot write a lot in the forum, You know, my new child, my wife, the market (yes, I still trade!!)….. But read all, and really thank to Fav!! Now, I’ll show you what everyone can do – ok, not every one, you should study some years of trading, before, but the result could be the same…. In these days I traded with Fav’s system, but sometime, well, often, I don’t really follow the rues… You know that after some years of trading, you have a feeling...
Hello, DNA!

I want to say "Thank you!" for your shared experience. You've shown several times what is possible to do and it's really great. For me personally the most important thing in you MM and approach to the market is not profit and gain, but the time. I have a few trading methods that I successfuly use on M5 charts, but usually I have to sit and wait for proper market's conditions about 6-8 hours per day to take 2 or 3 trades. Sometimes I don't even open any trades for a day. It's really boring and I'm not happy with it. That's where I see the real value of your style: take, say, 20 pips per day (1 trade for 20 pips or 5х4 pips - it doesn't really matter) in 1-2 hours (or even faster) and do other things - just perfect.
I analyzed your trades from statement and I must say that I never thought that making about 900% gain in 4 days can be so real. And no matter what they say, but it's worth the risk. Definitely we don't need to make 1000% every week, but the mere possibility to do it changes a lot..
I like the slogan of Apple inc. - "Think different". That's what you do, DNA

Once again, thank you very much! I wish you, your family and especially your little daughter all the best. Be happy and take care of each other!

I'm going to test your style with Fav's system in a few weeks and will necessarily share my results and ideas (if I have one).

P.S. If someone is interested, I marked DNA's entries and exits due to his statement (attached). Red vertical lines - entries, green lines - exits.
Good luck and green pips to all!

Best regards,
Artem
Attached File(s)
File Type: rar DNA's perfomance.rar   1.4 MB | 909 downloads
Let's go with the flow
  • #2,205
  • Apr 15, 2013 8:58am Apr 15, 2013 8:58am
Hi Favorite!
A quick question:
Do you watch or give any importance to pivots and Round Number or just P.A. ???
thanks in advance!
  • #2,206
  • Apr 15, 2013 8:59am Apr 15, 2013 8:59am
Quoting dnabrasil
"doubling the account in only one trading day it's impossible" well, me too was thinking bout it, so i decided to double it 2 times!! {image}
updating:

2 times and a half!!

Attached Image (click to enlarge)
Click to Enlarge Name: bc3bc7525b82e93ac88808a6ac936fc2.png Size: 86 KB


well this was a little account, but think with a 1.000$ account... you just need 1 times a month!
or you can do only 25% (of waht i've done) per week

just need to undertand what is compounding!
  • #2,207
  • Apr 15, 2013 9:06am Apr 15, 2013 9:06am
Quoting Favorite
Matrix8756, I didn't indicate the first bar because it was a naked pattern trade, I didn't use the Babon Slope's signals at all, just pure price action. As I said before, at H1 I want to work not with the H1 trend per se, but rather with the H1's big picture which includes TMA H1, TMA H4, H1 Price Action etc. When I entered there was a very nice dodji before the current hourly candle and the current hourly candle was obviously bullish, TMA H1 was beyond TMA H4 which usually means that either pullback or even the change of the trend is coming.
OK all clear.
thanks Favorite
If you come in Italy I'll buy the coffee.
Hello
  • #2,208
  • Apr 15, 2013 9:10am Apr 15, 2013 9:10am
Quoting bamboopips
Hi Favorite! A quick question: Do you watch or give any importance to pivots and Round Number or just P.A. ??? thanks in advance!
Hi bamboopips!

I pay attention only to the pure Price Action, and when I say pure Price Action - I mean even without MAs, fibs etc.

I don't use pivots and don't pay any attention to the Round Numbers, I'm NOT saying "My way or highway" but in my opinion all this stuff works fifty-fifty and just distracts from the really important things, like pure Price Action.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,209
  • Apr 15, 2013 9:14am Apr 15, 2013 9:14am
Quoting Matrix8756
OK all clear. thanks Favorite If you come in Italy I'll buy the coffee. Hello
Matrix8756, when I come to Italy we'll do some serious damage to the city you live in!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,210
  • Apr 15, 2013 9:17am Apr 15, 2013 9:17am
Quoting bamboopips
You are right Favorite. P.A. its the way to go. I will study and practice to get more confidence in my analysis! Here another trade I took using "1TMA beyound Cloud" plus Stochastic coming from OS. My target was 10 pips, but slippage made a 14 pips trade. Great!! I hope learn to still in trade longer. Then I can get this awesome trades you keep showing us.
bamboopips, that's great!

And it is a very nice template!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,211
  • Apr 15, 2013 9:19am Apr 15, 2013 9:19am
Quoting dnabrasil
updating: 2 times and a half!! {image} well this was a little account, but think with a 1.000$ account... you just need 1 times a month! or you can do only 25% (of waht i've done) per week just need to undertand what is compounding!
The sky is the limit! Seriously.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,212
  • Apr 15, 2013 9:26am Apr 15, 2013 9:26am
Quoting Favorite
The sky is the limit! Seriously.
Even sky is not a limit
Attached Image (click to enlarge)
Click to Enlarge Name: Rocket.jpg Size: 120 KB
Let's go with the flow
  • #2,213
  • Apr 15, 2013 9:29am Apr 15, 2013 9:29am
Quoting Favorite
Matrix8756, when I come to Italy we'll do some serious damage to the city you live in!
No come on come to be a tourist
  • #2,214
  • Apr 15, 2013 9:56am Apr 15, 2013 9:56am
Quoting Matrix8756
No come on come to be a tourist
Matrix8756, don't worry, "serious damage to the city" - that's just an American expression, means having fun beyond any imagination!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,215
  • Apr 15, 2013 9:58am Apr 15, 2013 9:58am
Quoting artem_t
Even sky is not a limit
Exactly!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,216
  • Apr 15, 2013 10:08am Apr 15, 2013 10:08am
Quoting Favorite
Matrix8756, don't worry, "serious damage to the city" - that's just an American expression, means having fun beyond any imagination!
Ok No Problem
  • #2,217
  • Apr 15, 2013 10:24am Apr 15, 2013 10:24am
My first trade +28 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpymm1.png Size: 75 KB
Click to Enlarge Name: eurjpymm1-1.png Size: 67 KB
  • #2,218
  • Apr 15, 2013 11:08am Apr 15, 2013 11:08am
template ill be running tonight on several pairs

mtf ma meter settings

5min 5ma
5min 10ma
5min 25ma
5min 50ma

also running a new csm brought to the light by reyeswhite

ill get detailed if this template holds up for abit
Attached Image (click to enlarge)
Click to Enlarge Name: 33.png Size: 119 KB
  • #2,219
  • Apr 15, 2013 11:08am Apr 15, 2013 11:08am
So seem to be the only one not winning with this system. I know the problem is me. Everything seemed okay with this trade, but I still lost!
Please excuse the arrow, i am using paint on windows XP. That was where I entered, I though price action was supporting an upward movement. Not sure where I went wrong. Please help.
Attached Image (click to enlarge)
Click to Enlarge Name: May 15th - Trade 3 - close.JPG Size: 74 KB
  • #2,220
  • Apr 15, 2013 11:13am Apr 15, 2013 11:13am
My second trade TM1 outside Ichimoku but unfortunately stopped out for -10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpymm1.png Size: 63 KB
4 traders viewing now