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Daytrading/scalping with high leverage - my proven strategy

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  • #4,961
  • Jul 3, 2013 3:36am Jul 3, 2013 3:36am
Quoting condor666
{quote} I went up too late
I'm glad I wasn't alone. I don't have the strength of Mike to trade all the sessions. I'm going back to bed again, and will be back around US open
Low Risk Low Stress High Reward High Probability Trades
  • #4,962
  • Jul 3, 2013 4:28am Jul 3, 2013 4:28am
Quoting condor666
{quote} It was that one : {image}
ok thanks, but that would be a countertrend trade i suppose since it broke previous swing lows. would you really hold countertrend trade for 50 pips?
  • #4,963
  • Jul 3, 2013 4:54am Jul 3, 2013 4:54am
Quoting tonny47
{quote} ok thanks, but that would be a countertrend trade i suppose since it broke previous swing lows. would you really hold countertrend trade for 50 pips?

For me it's not really a counter trend cause the trend was upward and just before we had a strong pullback.
My name is Martin... Martin Gale
  • #4,964
  • Jul 3, 2013 6:20am Jul 3, 2013 6:20am
End of month i'll buy Goldmann&Sachs with results like these, i hope i can keep my monthly profit percentage :
Attached Image
My name is Martin... Martin Gale
  • #4,965
  • Jul 3, 2013 6:25am Jul 3, 2013 6:25am
Quoting condor666
{quote} For me it's not really a counter trend cause the trend was upward and just before we had a strong pullback.
i see, thanks
  • #4,966
  • Jul 3, 2013 6:26am Jul 3, 2013 6:26am
Quoting condor666
End of month i'll buy Goldmann&Sachs with results like these, i hope i can keep my monthly profit percentage : {image}
well done, but what happened to your 100% a day?
edit:completely forgot we have a new month - so thats for the past 2-3 days, right?!
  • #4,967
  • Jul 3, 2013 6:32am Jul 3, 2013 6:32am
Quoting tonny47
{quote} well done, but what happened to your 100% a day? edit:completely forgot we have a new month - so thats for the past 2-3 days, right?!
That's just for today, i'm testing the box breakout + grid trading so for the moment this is on demo.
My name is Martin... Martin Gale
  • #4,968
  • Jul 3, 2013 6:53am Jul 3, 2013 6:53am
It was approx 1 hour to double the account :
Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2013-07-03 _ 13-52.png Size: 38 KB
My name is Martin... Martin Gale
  • #4,969
  • Jul 3, 2013 8:55am Jul 3, 2013 8:55am
919gilead can you put the name of pivot indicator that you are using?
  • #4,970
  • Jul 3, 2013 9:58am Jul 3, 2013 9:58am
Quoting Culver
919gilead can you put the name of pivot indicator that you are using?
THV4 TzPivotsD (Black) and here you go
Attached File(s)
File Type: ex4 THV4 TzPivotsD (Black).ex4   45 KB | 1,092 downloads
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  • #4,971
  • Jul 3, 2013 11:28am Jul 3, 2013 11:28am
Anybody made it unto these possible trades??? Patience is the key, and we have to be alert too.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ M1 Short Trade2 - 7032013.gif Size: 56 KB
Low Risk Low Stress High Reward High Probability Trades
  • #4,972
  • Jul 3, 2013 11:37am Jul 3, 2013 11:37am
And another possible re-entry
Attached Image (click to enlarge)
Click to Enlarge Name: EJ M1 Short Trade3 - 7032013.gif Size: 55 KB
Low Risk Low Stress High Reward High Probability Trades
  • #4,973
  • Jul 3, 2013 11:43am Jul 3, 2013 11:43am
I've tested a grid strategy, it works but i've badly set up my last grid.
My only problem is that i can't read the monthly average profit :
Attached Image
My name is Martin... Martin Gale
  • #4,974
  • Jul 3, 2013 11:45am Jul 3, 2013 11:45am
Quoting condor666
I've tested a grid strategy, it works but i've badly set up my last grid. My only problem is that i can't read the monthly average profit : {image}
Good job Condor , and keep it up
Low Risk Low Stress High Reward High Probability Trades
  • #4,975
  • Jul 3, 2013 2:00pm Jul 3, 2013 2:00pm
Doing some dangerous fishing business, and closing for the day before I do what I shouldn't do. I barely closed the trade when price spiked 16+ pips against the position I just closed; and it was a newbie error anyway selling at M1 TMA lower band which was also approaching the low from yesterday. I re-entered again on pullback to the upper band of the TMA and closed right on yesterday's low and that's it for the day.

And like they say after a dangerous advert, "DON"T TRY THIS @ HOME."

Shalom
Attached Image (click to enlarge)
Click to Enlarge Name: EJ M1 Short Trade4 - 7032013.gif Size: 62 KB
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  • #4,976
  • Jul 3, 2013 2:57pm Jul 3, 2013 2:57pm
Quoting 919gilead
Doing some dangerous fishing business, and closing for the day before I do what I shouldn't do. I barely closed the trade when price spiked 16+ pips against the position I just closed; and it was a newbie error anyway selling at M1 TMA lower band which was also approaching the low from yesterday. I re-entered again on pullback to the upper band of the TMA and closed right on yesterday's low and that's it for the day. And like they say after a dangerous advert, "DON"T TRY THIS @ HOME." Shalom {image}
It looks to me that you have Babon colored candles - very cool. Any chance you would be willing to share them?
Small disciplines repeated with consistency lead to great achievements.
  • #4,977
  • Jul 3, 2013 3:25pm Jul 3, 2013 3:25pm
Quoting jmflukeiii
{quote} It looks to me that you have Babon colored candles - very cool. Any chance you would be willing to share them?
It's an RSI candle and you can play with it as you want
Attached File(s)
File Type: ex4 #RSI_CANDLE.ex4   3 KB | 920 downloads
File Type: mq4 #RSI_CANDLE.mq4   3 KB | 1,070 downloads
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  • #4,978
  • Edited 9:37pm Jul 3, 2013 9:11pm | Edited 9:37pm
All that is needed for a daily 5% return is couple of hours work and couple of clear and simple setups in the Asian session

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  • #4,979
  • Jul 3, 2013 9:33pm Jul 3, 2013 9:33pm
Very true GilR - a couple of hours to look for clear and simple setups. Patience and discipline pays a lot of dividend.

Going to bed now, and will be back for the early European/London session.

Shalom

George
Attached Image (click to enlarge)
Click to Enlarge Name: EJ M1 Short Trade5 - 7032013.gif Size: 63 KB
Low Risk Low Stress High Reward High Probability Trades
  • #4,980
  • Jul 3, 2013 9:38pm Jul 3, 2013 9:38pm
Quoting 919gilead
Very true GilR - a couple of hours to look for clear and simple setups. Patience and discipline pays a lot of dividend. Going to bed now, and will be back for the early European/London session. Shalom George {image}
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