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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #2,721
  • Apr 19, 2013 6:20am Apr 19, 2013 6:20am
Quoting Favorite
I already achieved my daily goal, but if I were still trading right now I wouldn't sell either: the trend up is still in tact IMHO. Besides it's Friday... But of course it is just my opinion, if somebody sees a good setup and all the rules are followed, of course he/she should enter.
nothing here yet...waiting
Look like a girl, act like a lady, think like a man and work like a dog.
  • #2,722
  • Apr 19, 2013 6:35am Apr 19, 2013 6:35am
Quoting gukk
This is the main problem in such trading PS hi, Bombardier ))
Hi gukk, glad to see you here!

And about this exhaustion thing: right now it could be a problem because I, for example, trade only EurJpy. But in a little while we'll be watching 8-10 pairs using the Dashboard, so we'll always have some pairs that are not exhausted.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,723
  • Apr 19, 2013 7:05am Apr 19, 2013 7:05am
...GU short soon perhaps?...for those considering a friday flutter.
Attached Image (click to enlarge)
Click to Enlarge Name: 19Apr(GU1).PNG Size: 59 KB
  • #2,724
  • Apr 19, 2013 7:09am Apr 19, 2013 7:09am
Quoting sidefx
...GU short soon perhaps?...for those considering a friday flutter.
Yes, could be, but we must be very careful about the M1 Price Action.

I mean this big previous swing:
Attached Image (click to enlarge)
Click to Enlarge Name: m1-gbpusd.gif Size: 190 KB
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,725
  • Apr 19, 2013 7:12am Apr 19, 2013 7:12am
For those who wants not to read so many stuff and still need to learn about price patterns here's a little 25 page pdf called : The predictive power of price patterns
Attached File(s)
File Type: pdf SSRN-id932984.pdf   401 KB | 928 downloads
My name is Martin... Martin Gale
  • #2,726
  • Apr 19, 2013 7:20am Apr 19, 2013 7:20am
Quoting Favorite
Yes, could be, but we must be very careful about the M1 Price Action. I mean this big previous swing: {image}
Agreed and H1 PA is looking like a great bull-flag, so the TDI cross short can be quite misleading sometimes, don't you think?
  • #2,727
  • Apr 19, 2013 7:34am Apr 19, 2013 7:34am
Quoting sidefx
Agreed and H1 PA is looking like a great bull-flag, so the TDI cross short can be quite misleading sometimes, don't you think?
I don't think that TDI short cross is misleading on the hourly scale, besides in my summary I recommend not just TDI but TDI+Heiken Ashi. Right now Heiken Ashi are very small and they are practically on the horizontal line, which shows that we should stay out of the market.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,728
  • Apr 19, 2013 7:37am Apr 19, 2013 7:37am
Quoting Favorite
I don't think that TDI short cross is misleading on the hourly scale, besides in my summary I recommend not just TDI but TDI+Heiken Ashi. Right now Heiken Ashi are very small and they are practically on the horizontal line, which shows that we should stay out of the market.
Cool. The short is shaping up...
  • #2,729
  • Apr 19, 2013 7:39am Apr 19, 2013 7:39am
Quoting sidefx
Cool. The short is shaping up...
Yes, things are looking up!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,730
  • Apr 19, 2013 7:46am Apr 19, 2013 7:46am
That was not me.
I swear !




Quote
should stay out of the market.


...its to hot....
Attached Image (click to enlarge)
Click to Enlarge Name: EPIC!.PNG Size: 52 KB
  • #2,731
  • Apr 19, 2013 7:55am Apr 19, 2013 7:55am
Quoting bfree
its to hot....
bfree, those quotes are priceless!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,732
  • Apr 19, 2013 7:57am Apr 19, 2013 7:57am
Quoting bfree
That was not me. I swear ! ...its to hot.... {image}
OMG!!!! hahahahahaha
I know where the market is going to move next: to the righ! XD
  • #2,733
  • Apr 19, 2013 8:24am Apr 19, 2013 8:24am
Liquity goes flat!
I never expected that the market is going to be so thin at this hour, even knowing is friday!
Just bored!
I know where the market is going to move next: to the righ! XD
  • #2,734
  • Apr 19, 2013 8:58am Apr 19, 2013 8:58am
I hope everybody`s safe from this beautiful market

Nice day, and once again, Thank you mr W!!!

PS: ...and a good foto of the man
Attached Image
Look like a girl, act like a lady, think like a man and work like a dog.
  • #2,735
  • Apr 19, 2013 9:30am Apr 19, 2013 9:30am
not the best entry price on this counter-trend tma1 over tma5 but got out with 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 19 april eurjpy3.gif Size: 27 KB
  • #2,736
  • Apr 19, 2013 9:40am Apr 19, 2013 9:40am
Nice trades Tonny47, I never really look for these setups but seeing the cr@ppy times I have available to trade, they might be the better trades for me. Thanks for continuing to post.

jt
"Even if you fall down face first, you still went forward."
  • #2,737
  • Apr 19, 2013 9:50am Apr 19, 2013 9:50am
thanks juicyt. i only had time to trade for like an hour in the morning and now half an hour. but i see Favorite taking trades as early as 4gmt. i suppose there is always at least hour or two to squeeze during the day for most people. thats the advantage of trading 1 min charts


Quoting juicyt
Nice trades Tonny47, I never really look for these setups but seeing the cr@ppy ("cr@ppy") times I have available to trade, they might be the better trades for me. Thanks for continuing to post. jt
  • #2,738
  • Apr 19, 2013 10:05am Apr 19, 2013 10:05am
Quoting Favorite
Yes, things are looking up!
...or, very much down ...what a move for a friday!
Attached Image (click to enlarge)
Click to Enlarge Name: 19Apr(GU2).PNG Size: 65 KB
  • #2,739
  • Apr 19, 2013 10:11am Apr 19, 2013 10:11am
well,
it was a veeeeery long day....

but managed to achieve my target!!

100% and a little more...

(you know, i'm trying a smaller MM like 200 pips)

Attached Image (click to enlarge)
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  • #2,740
  • Apr 19, 2013 10:45am Apr 19, 2013 10:45am
Nicely done
My name is Martin... Martin Gale
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