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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #5,941
  • Sep 10, 2013 3:53am Sep 10, 2013 3:53am
Forex = easy money
  • #5,942
  • Sep 10, 2013 3:54am Sep 10, 2013 3:54am
Breaking up resistance. I moved my stop up again as well.
Attached Image (click to enlarge)
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  • #5,943
  • Sep 10, 2013 4:36am Sep 10, 2013 4:36am
Quoting maflip
Forex = easy money

Not many people will agree with you !
When all conditions are met - Enter trade - sit back and FRET !!!
  • #5,944
  • Sep 10, 2013 4:43am Sep 10, 2013 4:43am
Quoting jsf
{quote} Not many people will agree with you !
True it's so sad
  • #5,945
  • Sep 10, 2013 4:49am Sep 10, 2013 4:49am
Added more to AUD/JPY winning trade. Moved stop up as well.
Attached Image (click to enlarge)
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  • #5,946
  • Sep 10, 2013 4:50am Sep 10, 2013 4:50am
Quoting mario777
{quote} Pundit, wow! congratulations. Its nice to see you also using this pattern successfully.

Thanks Mario,

Its all due to all helping members out here.
  • #5,947
  • Sep 10, 2013 4:54am Sep 10, 2013 4:54am
Quoting pundit78
{quote} Thanks Mario, Its all due to all helping members out here.
  • #5,948
  • Sep 10, 2013 5:04am Sep 10, 2013 5:04am
Almost there I can see the line now
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  • #5,949
  • Sep 10, 2013 5:18am Sep 10, 2013 5:18am
Quoting peterwest
{quote} Hi Pundit, Good to see another fellow CT trader. Which pairs do you trade and how do you watch them? Do you use any type of dashboard? Regards, Peter
Hi peter,

I mainly traded EJ, UJ, EU, GU, EJ is my faviourie one, If I get good setup on other pairs I do not hesitate to trade them provided spread is low, I do not have any kind of dashboard.
  • #5,950
  • Sep 10, 2013 5:27am Sep 10, 2013 5:27am
Ok, so i closed it, it missed the target by 4 pips
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  • #5,951
  • Sep 10, 2013 5:36am Sep 10, 2013 5:36am
Watching EJ now, it cant break that resistance while AJ is doing that rally. Seems weak at the moment. Will wait after the US open though. Might be some good short scalping opportunity there.
  • #5,952
  • Sep 10, 2013 5:49am Sep 10, 2013 5:49am
Quoting pundit78
This thread helped me to win my first forex contest... Thanks all. {image}

System surviving the stress test.
you is your system, your system is you.
  • #5,953
  • Sep 10, 2013 5:53am Sep 10, 2013 5:53am
Quoting maflip
Ok, so i closed it, it missed the target by 4 pips {image} {image}
That was an impressive trade, well done !!

Next time use 1 pip = 1%
When all conditions are met - Enter trade - sit back and FRET !!!
  • #5,954
  • Sep 10, 2013 5:56am Sep 10, 2013 5:56am
Quoting maflip
Forex = easy money

Maflip my friend, I go with this thought on vacation.
you is your system, your system is you.
  • #5,955
  • Sep 10, 2013 5:58am Sep 10, 2013 5:58am
Quoting jsf
{quote} That was an impressive trade, well done !! Next time use 1 pip = 1%
Hah hah thanks but imagine, what if that trade did not go my way, then all my gains in 3 weeks has just been wiped out What I'm doing is money management and capital preservation. No rush I will get there. At the moment i'm only at 5% away from reaching my monthly goal of 20%
  • #5,956
  • Sep 10, 2013 5:59am Sep 10, 2013 5:59am
Quoting Axiomafx
{quote} Maflip my friend, I go with this thought on vacation.
Thank you
  • #5,957
  • Sep 10, 2013 6:02am Sep 10, 2013 6:02am
Quoting maflip
{quote} Hah hah thanks but imagine, what if that trade did not go my way, then all my gains in 3 weeks has just been wiped out What I'm doing is money management and capital preservation. No rush I will get there. At the moment i'm only at 5% away from reaching my monthly goal of 20%
Read this thead

http://www.forexfactory.com/showthread.php?t=444377
When all conditions are met - Enter trade - sit back and FRET !!!
  • #5,958
  • Sep 10, 2013 6:05am Sep 10, 2013 6:05am
Quoting jsf
{quote} Read this thead http://www.forexfactory.com/showthread.php?t=444377
Yes i'm going to try that someday on a $100 account though.
  • #5,959
  • Sep 10, 2013 7:06am Sep 10, 2013 7:06am
Quick 5 pips CT with BHE fan and 123 rev
Attached Image (click to enlarge)
Click to Enlarge Name: ej 1m 100913b.png Size: 120 KB
When all conditions are met - Enter trade - sit back and FRET !!!
  • #5,960
  • Sep 10, 2013 7:22am Sep 10, 2013 7:22am
Quoting maflip
Ok, so i closed it, it missed the target by 4 pips {image} {image}
Nice trading!

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