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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #4,301
  • May 27, 2013 6:36am May 27, 2013 6:36am
Spring Bank Holiday in UK and Memorial Day in USA
  • #4,302
  • May 27, 2013 6:55am May 27, 2013 6:55am
Quoting marian
Spring Bank Holiday in UK and Memorial Day in USA
and that's why I really love M1 time-frame trading,because you can make pips even in such kind ''awful'' days. Favorite recommendation and rules say that the best choice is not to trade in bank holidadays .In the morning I did't even think about trade,just read Lans Beggs and looked behind the market. Just saw this opportunity,and cannot reject it.)

Cheers!
Success is nothing more than a few simple disciplines, practiced every day.
  • #4,303
  • May 27, 2013 8:16am May 27, 2013 8:16am
Quoting well72
{quote} If the moderator allows it, I will lay out templates (after all, this is a slightly different system, but do not want a separate thread...). {image}
Hi well72.
I like the look of your charts, It would be great if you could post your templates and indicators.
Thank you,
lonny
  • #4,304
  • May 27, 2013 10:51pm May 27, 2013 10:51pm
Quoting lonny
{quote}Hi well72.I like the look of your charts, It would be great if you could post your templates and indicators.Thank you,lonny
Hi! Indicators and templates in the archive. For M1 3 template. Work with one that is more convenient. To accompany the use of warrants THV CaveManager. Good luck!
Attached File(s)
File Type: zip BaboSon.zip   195 KB | 533 downloads
Greed causes poverty
  • #4,305
  • May 28, 2013 4:48am May 28, 2013 4:48am
Thanks a lot Mikhail !!!!!!
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Success is nothing more than a few simple disciplines, practiced every day.
  • #4,306
  • May 28, 2013 6:48am May 28, 2013 6:48am
Quoting Machinator
Thanks a lot Mikhail !!!!!!
Yep, I had that trade, too
But now - at the moment - no clear up- or downtrend on h1
Attached Image
  • #4,307
  • May 29, 2013 4:39am May 29, 2013 4:39am
this thread got terribly quite, how is everybody doing?
closed this long eurjpy just now for 20 pips
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  • #4,308
  • Edited 5:03am May 29, 2013 4:50am | Edited 5:03am
Quoting tonny47
this thread got terribly quite, how is everybody doing?closed this long eurjpy just now for 20 pips {image}
New to the thread and it's a shame that Favorite and DNA aren't around anymore. Good to see there are still some on the thread sharing their Favorite trades. Missed this trade while I was flicking through other pairs; just took a screen shot of how I would've entered it (purely for my own reference).
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  • #4,309
  • May 29, 2013 4:55am May 29, 2013 4:55am
countertrend for 9 pips
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  • #4,310
  • May 29, 2013 4:56am May 29, 2013 4:56am
Very Good Tony.
Compliments
  • #4,311
  • May 29, 2013 4:58am May 29, 2013 4:58am
Hi tonny

Quote
this thread got terribly quite, how is everybody doing?
closed this long eurjpy just now for 20 pips

Congrats with your trade, well done. You seem to be one of the few still sticking to the original recipe of Favorite. I'm afraid the thread has become a bit of a mess of something of everything and the focus has gone away from what this was all about. I think new people will find it very strenuous to work their way through this thread will all the modifications - none really described fully and comprehensively. I am still having issues with Fav's method, but with time, I hope to get there. David a.k.a. Machinator also seems to be fairly true to the system, hope you guys keep posting for the benefit of us lurking around here, trying to figure it out. Cheers and thanks.
  • #4,312
  • May 29, 2013 5:03am May 29, 2013 5:03am
hi, yes, i am trying to stick to the system as laid by Favorite. my time to trade has become very limited lately. only placed couple of trades over the past 1 week, so not much time to post either. also as you pointed out, thread is becoming clustered with different adjustments and barely anybody uses the original version
Quoting fgsfx
Hi tonny {quote} Congrats with your trade, well done. You seem to be one of the few still sticking to the original recipe of Favorite. I'm afraid the thread has become a bit of a mess of something of everything and the focus has gone away from what this was all about. I think new people will find it very strenuous to work their way through this thread will all the modifications - none really described fully and comprehensively. I am still having issues with Fav's method, but with time, I hope to get there. David a.k.a. Machinator also seems to be...
  • #4,313
  • May 29, 2013 5:04am May 29, 2013 5:04am
Quoting Matrix8756
Very Good Tony.Compliments
thanks Matrix, hope you are doing well!
  • #4,314
  • May 29, 2013 5:11am May 29, 2013 5:11am
Quoting tonny47
{quote} thanks Matrix, hope you are doing well!
I had your same tasks.
Only the first I started a little later.
Sorry to see this great way to lose attention.
It would require a return to Favorite
Hello
  • #4,315
  • May 29, 2013 5:26am May 29, 2013 5:26am
surely would be great if Fav came back
Quoting Matrix8756
{quote} I had your same tasks.Only the first I started a little later.Sorry to see this great way to lose attention.It would require a return to FavoriteHello
  • #4,316
  • May 29, 2013 5:33am May 29, 2013 5:33am
took two more trades, first one could be a better entry (and also exit but having some connection issues) - out with 6 pips
second one was a typical Fav style trade, nothing i can really add here - out with 13 pips
would hit my original TP of about 10 and 15 pips but didnt want to get greedy
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  • #4,317
  • May 29, 2013 6:13am May 29, 2013 6:13am
If you are able to consistently make such number of pips with the scalping then you have mastered the scalping technique which is suitable for your trading style. Just need to have control on our mind to master scalping.
  • #4,318
  • May 29, 2013 7:06am May 29, 2013 7:06am
got in short about 5 min ago, lets see how thats going to play out
  • #4,319
  • May 29, 2013 7:21am May 29, 2013 7:21am
greedy beyond belief - didnt take my 18 pips at the tma5 but let it return to BE.


Quoting tonny47
got in short about 5 min ago, lets see how thats going to play out
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  • #4,320
  • May 29, 2013 8:12am May 29, 2013 8:12am
2.5% on a 10 pip short on EU from red line to red line. More possible I believe. Got out because of M15 TMA centerline confluence with bottom of M5 TMA.
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Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
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