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Daytrading/scalping with high leverage - my proven strategy

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  • #5,201
  • Jul 11, 2013 1:02pm Jul 11, 2013 1:02pm
Quoting dnabrasil
Hi all, i'm still here! uff, till you don't have a baby, you'll never know how your life change (with a baby)...!! it starts a new life, and i'm liking very much! i read every day, and know, i'm seeing good potential.. my last trade of the day, 16 pips with eu, and 0 dd in this trade! {image} this evolution f the system s very good
What a beauty - talk about precision!
Small disciplines repeated with consistency lead to great achievements.
  • #5,202
  • Jul 11, 2013 1:08pm Jul 11, 2013 1:08pm
Quoting dnabrasil
{quote} post 1074 http://www.forexfactory.com/showthre...91#post6550291
Thanks!!!
  • #5,203
  • Jul 11, 2013 1:49pm Jul 11, 2013 1:49pm
Quoting Flaviu1981
{quote} Thanks!!!
PM'd you back -
Small disciplines repeated with consistency lead to great achievements.
  • #5,204
  • Jul 11, 2013 1:55pm Jul 11, 2013 1:55pm
Does anyone have the StretchVSA indicator?

I can't find it in this thread!
  • #5,205
  • Jul 11, 2013 3:35pm Jul 11, 2013 3:35pm
Hi Gilr,

thanks for your tips and system. could you please post your TMA slope indicator, I see that you have a HMA line on it probably or I don't know what is this line on it.Are you using the non-repaintig true version?
thanks for the answer
  • #5,206
  • Edited 7:01pm Jul 11, 2013 5:15pm | Edited 7:01pm
Quoting surfac
Ok I am getting really frustrated now, what did i do wrong now...... -the tma m5 was up -the tma m15 was up -the tma m1 was up -baboon slope turned blue and the second candle closed -the price was above cloud can somebody tell me what I did wrong, this is making no sense to me anymore thanks for your help! {image}
Hi Surfac!
It is very subjective as probably all that is connected with the markets, so you could accept it or reject.

David.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: h1.PNG Size: 105 KB
Click to Enlarge Name: H1-2.PNG Size: 66 KB
Success is nothing more than a few simple disciplines, practiced every day.
  • #5,207
  • Jul 11, 2013 5:28pm Jul 11, 2013 5:28pm
Quoting HerMajor
Does anyone have the StretchVSA indicator? I can't find it in this thread!
I just renamed and recolored the Sonic thread's volume indi. Its the same thing. I took it off my charts actually, I don't really use it much on the 1 minute.
Small disciplines repeated with consistency lead to great achievements.
  • #5,208
  • Jul 11, 2013 6:40pm Jul 11, 2013 6:40pm
Quoting GilR
I suppose David's point would depend on what trading style surfac trades. We have different type traders trying to trade a similar system. For me I only look at a 1 min chart and zoomed up. I dont care what happened an hour ago
Hi Girl!
With all due respect,the trading style on M1 timeframe is called scalping anyway ,it doesn't matter how Surfac or somebody else trade ,if he works on M1 it means he scalps the market. Conclusion is that we all here trade the same trading style.
Regard to trading system- During all over the thread we have only one trading system which is Favorite's Babon,taken to its logical conclusion, the full allowance with professional and detailed description how to scalp the market with a high level of profitability (which among other things strictly recommends to check each entry with H1 Price Action,does it support or not our entry on M1)).
Once one of the traders ( Igor if I am not wrong) said that '' simple and logical based system has been turned into a monster'',and it is very difficult not to agree with him.
I don't want to argue with anybody, but thanks to luck that I have joined this thread from the beginning, because otherwise it would be very very very difficult for me to become a profitable trader.
Thanks to all who carry with them the light and spread it , and of course thanks to those who just think they do the same.Without them it would be not so easy to separate the wheat from the chaff.Although....))
One more time Thanks Mikhail, you are great Man and outstanding tutor!!!



Best Regards,
David.
Success is nothing more than a few simple disciplines, practiced every day.
  • #5,209
  • Jul 11, 2013 6:57pm Jul 11, 2013 6:57pm
Hey Condor

Found a great video: All You Need To Know About Trading

Inserted Video
  • #5,210
  • Jul 11, 2013 7:06pm Jul 11, 2013 7:06pm
Quoting Machinator
{quote} Hi Girl! With all due respect,the trading style on M1 timeframe is called scalping anyway ,it doesn't matter how Surfac or somebody else trade ,if he works on M1 it means he scalps the market. Conclusion is that we all here trade the same trading style. Regard to trading system- During all over the thread we have only one trading system which is Favorite's Babon,taken to its logical conclusion, the full allowance with professional and detailed description how to scalp the market with a high level of profitability (which among other things...
Thanks David for your comment.

I realise that what many are trading now really bears little resemblance in logic to Favorite. The chart may look similar in a stretch. Where Favorite system involves studying charts at other time periods to define trend direction etc, I do not. In other words what the 1min chart says is what we trade irrespective to other time frames with exception of TMA5

I also understand that from purest point of view we are taking away from the work that Favorite and others have done which must frustrate the person who enjoys doing much TA etc.

IF you like, and I have suggested it before, we could start another thread for this variant system or systems so that the work of Favorite and others like yourself are not lost in all the "noise".

What do you say?

Gil
  • #5,211
  • Jul 11, 2013 7:21pm Jul 11, 2013 7:21pm
Quoting GilR
{quote} Thanks David for your comment. I realise that what many are trading now really bears little resemblance in logic to Favorite. The chart may look similar in a stretch. Where Favorite system involves studying charts at other time periods to define trend direction etc, I do not. In other words what the 1min chart says is what we trade irrespective to other time frames with exception of TMA5 I also understand that from purest point of view we are taking away from the work that Favorite and others have done which must frustrate the person who...
I was suprised that Favourite did not get forced to start his own thread for his method. And thanks to Gil, I believe what was once more complicated then necesssary (but effective) has become simplified, condensed and easier to use. I'm all for another thread so I don't keep clogging up DNA's thread with my winning trades Thanks again Gil
Small disciplines repeated with consistency lead to great achievements.
  • #5,212
  • Jul 11, 2013 7:32pm Jul 11, 2013 7:32pm
Quoting jmflukeiii
{quote} I was suprised that Favourite did not get forced to start his own thread for his method. And thanks to Gil, I believe what was once more complicated then necesssary (but effective) has become simplified, condensed and easier to use. I'm all for another thread so I don't keep clogging up DNA's thread with my winning trades Thanks again Gil
Had to laugh!

But if anybody wants to start a new thread and look after it (moderate etc), I am in
  • #5,213
  • Edited 8:23pm Jul 11, 2013 7:52pm | Edited 8:23pm
Quoting GilR
{quote} IF you like, and I have suggested it before, we could start another thread for this variant system or systems so that the work of Favorite and others like yourself are not lost in all the "noise".
...
Girl thanks for the offer, great idea , but sorry I am not ready for it yet .
The first reason that English is not my mother language,the second I have a lot to learn yet, the third it needs a lot of time which i don't have for this moment,the fourth I am going to change my life cardinally . The first step I have already done- rent a little room for a office,so from July 16 I will be able to trade full week in a calm working conditions. Yet I cannot give my main work up,but I am sure one nice day I will afford it to myself.
The second thing I am sure that Fav's work and efforts won't lost anyway. It is just impossible because for at least one person it has been so much impressive that he decides to turn the page and try to start a new one of his life.

Take care,
David.
Success is nothing more than a few simple disciplines, practiced every day.
  • #5,214
  • Jul 11, 2013 7:56pm Jul 11, 2013 7:56pm
Nice 5pips on USDJPY to start my batting score today
  • #5,215
  • Jul 11, 2013 8:00pm Jul 11, 2013 8:00pm
Quoting GilR
{quote} Had to laugh! But if anybody wants to start a new thread and look after it (moderate etc), I am in
Perhaps a task for this weekend. It doesn't need to be anything complicated, I'd imagine it be much like this thread turned out - a Scalper's Hangout - with various methods colliding and creating something better, something more suited, for each individual. I like seeing 919s charts, I like seeing Gil's, I like DNA's, etc. They are all very closely related. The only unfortunate by-product of this, in my opinion, is that the discussion moved rapidly away from DNA's original purpose for the thread, his unique money management idea. I myself have little interest in discussing that method, so if this thread morphs back into that direction, a new thread would be better for those of us that don't trade with 100% daily goals in mind. Nonetheless this was not favorites thread to begin with; he created for everyone a great method. Perhaps it should have its own thread for those whom still follow it in its entirety.
Small disciplines repeated with consistency lead to great achievements.
  • #5,216
  • Jul 11, 2013 8:02pm Jul 11, 2013 8:02pm
And some more --- seems like one of those boring winning days again

jmflukeiii-- you should be getting a few if you are still up
  • #5,217
  • Jul 11, 2013 8:03pm Jul 11, 2013 8:03pm
Quoting Machinator
{quote} Girl thanks for the offer, great idea , but sorry I am not ready for it yet . The first reason that English is not my mother language,the second I have a lot to learn yet, the third it needs a lot of time which i don't have for this moment,the fourth I am going to change my life cardinally . The first step I have already done- rent a little room for a office,so from July 16 I will be able to trade full week in a calm working conditions. Yet I cannot give my main work up,but I am sure one nice day I will afford it to myself. The second thing...
Sorry - I did not mean for you to do that. This is your thread!
  • #5,218
  • Jul 11, 2013 8:10pm Jul 11, 2013 8:10pm
Another thread I have begun following is
Shortcuts to becoming a profitable trader

http://www.forexfactory.com/showthread.php?t=436206
  • #5,219
  • Jul 11, 2013 8:16pm Jul 11, 2013 8:16pm
Quoting GilR
And some more --- seems like one of those boring winning days again jmflukeiii-- you should be getting a few if you are still up
Perhaps I should be! But I had a massive morning and am spending some time to relax
Small disciplines repeated with consistency lead to great achievements.
  • #5,220
  • Jul 11, 2013 8:19pm Jul 11, 2013 8:19pm
Quoting jmflukeiii
{quote} Perhaps I should be! But I had a massive morning and am spending some time to relax
Lifestyle
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