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Daytrading/scalping with high leverage - my proven strategy

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  • #4,801
  • Edited 6:00am Jun 24, 2013 5:14am | Edited 6:00am
These are my 3 trades this morning in EURJPY.

Attached Image (click to enlarge)
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  • #4,802
  • Jun 24, 2013 6:43am Jun 24, 2013 6:43am
What happened ???
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-06-24-13_41.png Size: 49 KB
My name is Martin... Martin Gale
  • #4,803
  • Jun 24, 2013 6:47am Jun 24, 2013 6:47am
Quoting condor666
What happened ??? {image}

Maybe due to this : http://www.forexlive.com/blog/2013/0...olicy-options/
My name is Martin... Martin Gale
  • #4,804
  • Jun 24, 2013 7:51am Jun 24, 2013 7:51am
Hi George & the Gang,

Radical thread!! Keep up the good work.

George when you are done trading for the day can you help me with the Linear Currency Meter settings. Mostly use Tradestation, not very familiar with Meta so I may be doing something incorrect here. After applying the settings can see only the middle 0 line. Tried to change the colour schemes and all but cant seem to find a way around it. Not able to load the pic here due to some format issue. Appreciated. Thank you.
  • #4,805
  • Jun 24, 2013 9:13am Jun 24, 2013 9:13am
Here's a little 60 pips trade :
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-06-24-16_11.png Size: 42 KB
My name is Martin... Martin Gale
  • #4,806
  • Jun 24, 2013 9:39am Jun 24, 2013 9:39am
Quoting Machinator
{quote}
Low Risk Low Stress High Reward High Probability Trades
  • #4,807
  • Jun 24, 2013 9:46am Jun 24, 2013 9:46am
Quoting BombayTrader
Hi George & the Gang, Radical thread!! Keep up the good work. George when you are done trading for the day can you help me with the Linear Currency Meter settings. Mostly use Tradestation, not very familiar with Meta so I may be doing something incorrect here. After applying the settings can see only the middle 0 line. Tried to change the colour schemes and all but cant seem to find a way around it. Not able to load the pic here due to some format issue. Appreciated. Thank you.
No problem, will show you what to do shortly
Low Risk Low Stress High Reward High Probability Trades
  • #4,808
  • Jun 24, 2013 9:48am Jun 24, 2013 9:48am
Missed these trades while sleeping, and I think that's a similar setup that Condor posted on the EJ
Attached Image (click to enlarge)
Click to Enlarge Name: GJ Setup.gif Size: 56 KB
Low Risk Low Stress High Reward High Probability Trades
  • #4,809
  • Jun 24, 2013 10:44am Jun 24, 2013 10:44am
I removed the cloud for testing purpose and here's the first trade on it for 15 pips :
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-06-24-17_42.png Size: 40 KB
My name is Martin... Martin Gale
  • #4,810
  • Jun 24, 2013 11:07am Jun 24, 2013 11:07am
Here's a pic to resume everything without using the cloud :
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-06-24-18_01.png Size: 80 KB
My name is Martin... Martin Gale
  • #4,811
  • Jun 24, 2013 11:07am Jun 24, 2013 11:07am
Quoting condor666
I removed the cloud for testing purpose and here's the first trade on it for 15 pips : {image}
cloud or no cloud, it would still be a valid entry. i took 10 pips on the same trade
  • #4,812
  • Jun 24, 2013 11:10am Jun 24, 2013 11:10am
Quoting condor666
Here's a pic to resume everything without using the cloud : {image}
again, all the three trades you pointed out would be confirmed by the cloud too
  • #4,813
  • Jun 24, 2013 11:12am Jun 24, 2013 11:12am
Quoting tonny47
{quote} again, all the three trades you pointed out would be confirmed by the cloud too

But the entry for the 1st trade was above the cloud
My name is Martin... Martin Gale
  • #4,814
  • Jun 24, 2013 11:18am Jun 24, 2013 11:18am
Quoting condor666
{quote} But the entry for the 1st trade was above the cloud
not with original babon settings
Attached Image (click to enlarge)
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  • #4,815
  • Jun 24, 2013 1:31pm Jun 24, 2013 1:31pm
Quoting BombayTrader
Hi George & the Gang, Radical thread!! Keep up the good work. George when you are done trading for the day can you help me with the Linear Currency Meter settings. Mostly use Tradestation, not very familiar with Meta so I may be doing something incorrect here. After applying the settings can see only the middle 0 line. Tried to change the colour schemes and all but cant seem to find a way around it. Not able to load the pic here due to some format issue. Appreciated. Thank you.
Please check this post
Low Risk Low Stress High Reward High Probability Trades
  • #4,816
  • Jun 24, 2013 2:05pm Jun 24, 2013 2:05pm
Nope that did not work, tried it earlier, have read almost all of your earlier posts. I know you have been bothered way too many times regarding that indi . Anyways downloaded a demo from a diff broker, seems to work on it. Guess my broker does not want me to use it on their platform .

Dont post much but will try to stay actively involved. FF needs more of such threads! TC George.
  • #4,817
  • Jun 24, 2013 5:48pm Jun 24, 2013 5:48pm
Quoting BombayTrader
Nope that did not work, tried it earlier, have read almost all of your earlier posts. I know you have been bothered way too many times regarding that indi . Anyways downloaded a demo from a diff broker, seems to work on it. Guess my broker does not want me to use it on their platform . Dont post much but will try to stay actively involved. FF needs more of such threads! TC George.
Glad to know it is working on a different broker platform. And I think I have an idea why it is not working on the platform of your main broker as I had similar experience with another broker. The pair name has @ included in the name, e.g. EURUSD@ and this is not recognized by the LCSM; so I had to modify the indicator for that specific broker.

Please stay active, and we can all help each other, as trading can be a lonely business.

Take care, and God bless

George
Low Risk Low Stress High Reward High Probability Trades
  • #4,818
  • Jun 24, 2013 8:13pm Jun 24, 2013 8:13pm
Two good safe trade for me this morning - USDJPY. I took 5min exit.

Codor, I notice that sometimes you ignore 5 min TMA slope and sometimes trade against it. In testing is this reliable?

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  • #4,819
  • Jun 24, 2013 10:39pm Jun 24, 2013 10:39pm
Another - USDJPY
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  • #4,820
  • Jun 25, 2013 1:31am Jun 25, 2013 1:31am
Quoting GilR
Two good safe trade for me this morning - USDJPY. I took 5min exit. Codor, I notice that sometimes you ignore 5 min TMA slope and sometimes trade against it. In testing is this reliable? {image}

Yes you're true i don't look on the m5 slope and it works good enough.
My name is Martin... Martin Gale
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