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Daytrading/scalping with high leverage - my proven strategy

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Quoting condor666
{quote} Sometimes i've 0 but you've probably a commission to pay. On most brokers who have cfds you have 1.5 to 3 points spread but i've discovered one where you have only 1 point spread for the dax.
yes always commission, 7.53 $ per lot

what is this broker?

pepperstone doesn't have cfd
The broker is igmarkets but if i could refer you it would be great.
Here's a little trade example :
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My name is Martin... Martin Gale
ok, this is my demo statement, of last 3 days

80 % total gain...

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if you want, you can

good weekend to all, and never give up!
Quoting dnabrasil
ok, this is my demo statement, of last 3 days 80 % total gain... {image} {image} if you want, you can good weekend to all, and never give up!
Very nice!

Have a good weekend!
@ dnabrasil: very inspiring result
Long term is a smokers dream. You can earn great sums of profit by scalping. Yet, people fail to want to do so. Look at my stats. 23 trades.... 9 losses. Yet I placed 9 2.00 lot sizes and lost only twice. 76.00 and 4.00.
Demo isn't a good way to measure ones ability to trade. As when one risk his/her capital. Emotion typically causes you to open more trades.
Quoting dnabrasil
"i've found" another good type entry: {image} when 123patterns shw an arrow breaking last resistance, if we are, like in the image, over tma5 and 15, we could enter for a counter trend trade, remembering to lower the TP,
This is an excellent strategy to fade the trend. : ) I love fades.
Pivot Boss in the making~
Quoting Master_kiwa
Demo isn't a good way to measure ones ability to trade. As when one risk his/her capital. Emotion typically causes you to open more trades.
i agree with you, infact i play demo in order to be more comfortable, even if i'm very comfortable now, never stop studying....

in my real account i consider a day when i reach 6 or 8 %...

if you compound this result, at the end of 1 month you'll have very very good result, even with little $ you could give up your job, and live well...
Hello David/DNA/Condor or Anyone know of Expert Advisor(s) that:

  1. Can be used for normal or basket trading - specifically, if I find all the JPY pairs moving in the same direction, and I want to go long/short all the JPY pairs, is there an EA where I can input all the pairs I want to trade either as market order or pending order?? I will prefer one with user option to choose between MO or PO;
  2. Same EA must also include money management options for SL and TP1, TP2, TP3, and I prefer this in pips than in %;
  3. Will be great if the same EA can also move SL to BE + 1 when trade is in profit of certain amount of pips (which should be user defined);
  4. And finally, if it can also trail SL with certain amount of pips (which should also be user defined).

I have been searching the web and continue to search, and just wanted to leave this message here in case anyone has one.

Thank you gals/guys, and you all have a great week end.

Shalom

George

Low Risk Low Stress High Reward High Probability Trades
Quoting 919gilead
Hello David/DNA/Condor or Anyone know of Expert Advisor(s) that: Can be used for normal or basket trading - specifically, if I find all the JPY pairs moving in the same direction, and I want to go long/short all the JPY pairs, is there an EA where I can input all the pairs I want to trade either as market order or pending order?? I will prefer one with user option to choose between MO or PO; Same EA must also include money management options for SL and TP1, TP2, TP3, and I prefer this in pips than in %; Will be great if the same EA can also move...

I found one here, though not exactly what I am looking for but a pending order EA with full MM (including trailing SL) for individual pairs

The search continues
Low Risk Low Stress High Reward High Probability Trades
Tested the fade aka countertrend strategy suggested by DNA in sim over the weekend. Results are very promising. Will trade it on live next week. I have an idea on an indicator for this counter trend strategy using tma and 123 patterns v6. I have no programming knowledge. Anyone willing to take up the challenge.
Pivot Boss in the making~
Quoting 919gilead
Hello David/DNA/Condor or Anyone know of Expert Advisor(s) that: Can be used for normal or basket trading - specifically, if I find all the JPY pairs moving in the same direction, and I want to go long/short all the JPY pairs, is there an EA where I can input all the pairs I want to trade either as market order or pending order?? I will prefer one with user option to choose between MO or PO; Same EA must also include money management options for SL and TP1, TP2, TP3, and I prefer this in pips than in %; Will be great if the same EA can also move...

I use a script to send all orders but you still need an EA to manage the orders :
Attached File
File Type: mq4 TradeHedgeBUYALL.mq4   3 KB | 198 downloads

Attached File
File Type: mq4 TradeHedgeSELLALL.mq4   3 KB | 186 downloads


PS : you need to edit the script to check if the pairs names are correct for your broker.
My name is Martin... Martin Gale
dna,

What kind of risk do you use?
And are there any specific times your trade the usdjpy?
Quoting mannai70
dna, What kind of risk do you use? And are there any specific times your trade the usdjpy?
now i'm trying with 2,5 pips = 1%

about the hours i follow fav's rules, ido not trade asian session because i live in italy and at this time i sleep: you know, forex is for a better life;

remember that greed is your biggest enemy
Quoting 919gilead
Hello David/DNA/Condor or Anyone know of Expert Advisor(s) that: Can be used for normal or basket trading - specifically, if I find all the JPY pairs moving in the same direction, and I want to go long/short all the JPY pairs, is there an EA where I can input all the pairs I want to trade either as market order or pending order?? I will prefer one with user option to choose between MO or PO; Same EA must also include money management options for SL and TP1, TP2, TP3, and I prefer this in pips than in %; Will be great if the same EA can also move...
Hi, George
And thanks for the previous answer too.

If I am not wrong Condor666 about two months ago was looking for the same EA with the same features for working with ''pilotui my strength '' indicator.It would be very nice and helpful from Condor's side to tell us about his results and work done in this direction. Thanks in advance,Condor!

Take care,
David.

P.S Wish a calm and very profitable week to all!
Success is nothing more than a few simple disciplines, practiced every day.
Quoting dnabrasil
ok, this is my demo statement, of last 3 days 80 % total gain... {image} {image} if you want, you can good weekend to all, and never give up!
Great results DNA!! Keep it up!!
God bless you and your family,wish you all the best from all my heart!

Sincerely,
David.
Success is nothing more than a few simple disciplines, practiced every day.
Quoting Machinator
{quote} Hi, George And thanks for the previous answer too. If I am not wrong Condor666 about two months ago was looking for the same EA with the same features for working with ''pilotui my strength '' indicator.It would be very nice and helpful from Condor's side to tell us about his results and work done in this direction. Thanks in advance,Condor! Take care, David. P.S Wish a calm and very profitable week to all!

Yes i worked on that and it worked really nicelly but often i had not all pairs moving the same direction but only 5 in general.
The only thing i couldn't find was the best MM for it cause i love high leverage so i think leverage 50 on each could be good but i ever tested it with leverage 100 and sometimes i needed to hedge my positions.
My name is Martin... Martin Gale
Quoting 919gilead
Hello David/DNA/Condor or Anyone know of Expert Advisor(s) that: Can be used for normal or basket trading - specifically, if I find all the JPY pairs moving in the same direction, and I want to go long/short all the JPY pairs, is there an EA where I can input all the pairs I want to trade either as market order or pending order?? I will prefer one with user option to choose between MO or PO; Same EA must also include money management options for SL and TP1, TP2, TP3, and I prefer this in pips than in %; Will be great if the same EA can also move...
Maybe final version of MPTM by SteveHopwood?
Look like a girl, act like a lady, think like a man and work like a dog.
the tpl and strategy i'm using is what favorite gives us.

i use babon-b tpl and added the 123patterns, kumobreakhisto(only for visual) and 10.2slope


Attached File
http://assets.forexfactory.net/images/attach/zip.gif indi + tpl.zip 80 KB


Hi Dnabrasil,

Nice trading results you have performed. Wish I have your skill.


Hi All That Can Help,

I have installed the above template/indies into my > computer > C drive > programme file > MT 4 Brok_r > expert > template.

Nothing appear, I wonder is it because of the zip file ?

Can somebody help, as I am a computer dump.

Thanks in advance, your help will be greatly appreciated.

regard
winwin
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