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Daytrading/scalping with high leverage - my proven strategy

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  • #2,621
  • Apr 18, 2013 9:31am Apr 18, 2013 9:31am
Quoting Alohamen
great day - I am perfectly satisfied witch my result (0 trades , 0 pips loss) I trade in strong trends only... thanks every one, thanks Fav for Your efforts cheers and good day
LOL, great post, love that discipline!
PS It must be difficult trading in the Vatican City nowadays with all the money laundering probes going on
  • #2,622
  • Apr 18, 2013 9:50am Apr 18, 2013 9:50am
Hi Vitalismus, can you give an explanation of the indi, thank you
  • #2,623
  • Apr 18, 2013 9:55am Apr 18, 2013 9:55am
Time to call it a day

Total +17 pips/% across EU,GU
  • #2,624
  • Apr 18, 2013 10:20am Apr 18, 2013 10:20am
Yes Condor - I was referring to your video.
  • #2,625
  • Apr 18, 2013 10:24am Apr 18, 2013 10:24am
Quoting handy148
Yes Condor - I was referring to your video.
Simply download(choose the free offer to download, not premium), extract the zip file and watch the video, i use vlc to watch videos ( http://www.videolan.org/ )
My name is Martin... Martin Gale
  • #2,626
  • Apr 18, 2013 10:33am Apr 18, 2013 10:33am
Quoting jonnypants
LOL, great post, love that discipline! PS It must be difficult trading in the Vatican City nowadays with all the money laundering probes going on
it is small nation... People know a lot about the neighbors
but fx trading offers plenty of privacy ... fortunately
"Trading require mental flexibility far beyond the scope of most people"
  • #2,627
  • Apr 18, 2013 10:50am Apr 18, 2013 10:50am
  •  Mr C
  • Joined Mar 2012 | Status: Knowledge is "potential" power | 439 Posts
I have been talking with and thanking Favorite as we go but after catching up on the thread I would like to give a thank you here too because I want everybody to know how grateful I am, so thanks Mike.


For those interested in the Dashboard, I am happy so far with the results it's hard to cover all currencies with one system and then predict that setup with a Dashboard but this is way ahead of the last release.


Price

20 LWMA CLOSED

Ichimoku tenkan-sen cross only:
(A)9,26,52
(B)4,8,8
(C)10,8,15


if 20 LWMA CLOSED > (C)10,8,15 & 20 LWMA CLOSED > (A)9,26,52 = Up Trend (Blue square)
if 20 LWMA CLOSED < (C)10,8,15 & 20 LWMA CLOSED < (A)9,26,52 = Down Trend (Black square)

if price > (A)9,26,52 & price > (B)4,8,8 = Possible BIC Up or continuation of previous (Green Star)
if price < (A)9,26,52 & price < (B)4,8,8 = Possible BIC Down or continuation of previous (Red Star)
if Yellow pay attention to the next symbol.

Must be atleast Build 482 MT4
I started work on some alerts

Any feedback welcomed, Paul

I will be away due to a personal situation but will answer any questions as soon as I can.

Attached File(s)
File Type: ex4 TMA M1 BIC v3.1.ex4   9 KB | 799 downloads
Of all the things I've lost I miss my mind the most .
  • #2,628
  • Apr 18, 2013 11:01am Apr 18, 2013 11:01am
Quoting Mr C
I have been talking with and thanking Favorite as we go but after catching up on the thread I would like to give a thank you here too because I want everybody to know how grateful I am, so thanks Mike. For those interested in the Dashboard, I am happy so far with the results it's hard to cover all currencies with one system and then predict that setup with a Dashboard but this is way ahead of the last release. Price 20 LWMA CLOSED Ichimoku tenkan-sen cross only: (A)9,26,52 (B)4,8,8 (C)10,8,15 if 20 LWMA CLOSED > (C)10,8,15 & 20 LWMA CLOSED > (A)9,26,52...
Awesomeness! what's BIC?
  • #2,629
  • Apr 18, 2013 11:06am Apr 18, 2013 11:06am
Quoting Mr C
I have been talking with and thanking Favorite as we go but after catching up on the thread I would like to give a thank you here too because I want everybody to know how grateful I am, so thanks Mike. For those interested in the Dashboard, I am happy so far with the results it's hard to cover all currencies with one system and then predict that setup with a Dashboard but this is way ahead of the last release. Price 20 LWMA CLOSED Ichimoku tenkan-sen cross only: (A)9,26,52 (B)4,8,8 (C)10,8,15 if 20 LWMA CLOSED > (C)10,8,15 & 20 LWMA CLOSED > (A)9,26,52...
Great, i waited so long for your dashboard.
My name is Martin... Martin Gale
  • #2,630
  • Apr 18, 2013 11:08am Apr 18, 2013 11:08am
Quoting Mr C
I have been talking with and thanking Favorite as we go but after catching up on the thread I would like to give a thank you here too because I want everybody to know how grateful I am, so thanks Mike. For those interested in the Dashboard, I am happy so far with the results it's hard to cover all currencies with one system and then predict that setup with a Dashboard but this is way ahead of the last release. Price 20 LWMA CLOSED Ichimoku tenkan-sen cross only: (A)9,26,52 (B)4,8,8 (C)10,8,15 if 20 LWMA CLOSED > (C)10,8,15 & 20 LWMA CLOSED > (A)9,26,52...
What's the thing who looks like a sun ?
My name is Martin... Martin Gale
  • #2,631
  • Apr 18, 2013 11:10am Apr 18, 2013 11:10am
Quoting condor666
What's the thing who looks like a sun ?
...signal pending, i think..just been watching across the 3 pairs and it's picked up the latest longs
  • #2,632
  • Apr 18, 2013 11:15am Apr 18, 2013 11:15am
condor - managed to download the video but couldn't get any sound and picture was awful. Never mind.
  • #2,633
  • Apr 18, 2013 11:42am Apr 18, 2013 11:42am
There is no sound, that's normal, strange that the picture is bad, what size do you have uncompressed ?
Normally it should have 1 gig.
My name is Martin... Martin Gale
  • #2,634
  • Apr 18, 2013 11:57am Apr 18, 2013 11:57am
Quoting Vitalisimus
Guys I want to share one of the best indicator It will be usefull for our system
Thank you, Vitalisimus!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,635
  • Edited 12:38pm Apr 18, 2013 12:02pm | Edited 12:38pm
Quoting chaveznqoos
And the big question Favorite, have you ever had an operation lost with this strategy? and if so, could you explain, how it was and why you came out of it? Thanks
When I see the price goes against me, I exit with a small loss or a small profit. Today I showed a trade that I took because I thought the pullback was over, and I managed to exit with +2 pips.
http://www.forexfactory.com/showthre...98#post6615698

I think it is the worst trade in the last one and a half weeks, and I had a couple trades like this before, but I exited before my pending lock-order was activated.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,636
  • Apr 18, 2013 12:20pm Apr 18, 2013 12:20pm
Quoting fugio
Hi Favorite! Busy day! I don't now how you do it my friend, you have 2 brains, and 8 arms? You trade on M1, analize the market, develop systems, answer kestions on the same time! Really a lot of hard work! Do you ever see the sun and the sky? I don't do half and find dificult to focus on trade! Thank you for you hard work!
Thank you, fugio!

The secret is: currently I sleep 4-5 hours per day, almost like Peter the Great and Napoleon!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,637
  • Apr 18, 2013 12:24pm Apr 18, 2013 12:24pm
Quoting Alohamen
great day - I am perfectly satisfied witch my result (0 trades , 0 pips loss) I trade in strong trends only... thanks every one, thanks Fav for Your efforts cheers and good day
Thank you Alohamen!

It is a smart approach, the only problem is - you never know when the strong trend starts IMHO.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,638
  • Apr 18, 2013 12:26pm Apr 18, 2013 12:26pm
Quoting hollowhead
Time to call it a day Total +17 pips/% across EU,GU
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,639
  • Apr 18, 2013 12:30pm Apr 18, 2013 12:30pm
Quoting Mr C
I have been talking with and thanking Favorite as we go but after catching up on the thread I would like to give a thank you here too because I want everybody to know how grateful I am, so thanks Mike.
Paul, thanks a lot!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,640
  • Apr 18, 2013 12:30pm Apr 18, 2013 12:30pm
Sorry didn't have time to post my trades for today, however just an update. +29 pips for today on eur/jpy during london session.

See you all during london open.
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