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Daytrading/scalping with high leverage - my proven strategy

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  • #6,041
  • Sep 25, 2013 1:10am Sep 25, 2013 1:10am
Meh thats it nice try though. + 1.9 pips on the other half.
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  • #6,042
  • Sep 25, 2013 1:11am Sep 25, 2013 1:11am


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  • #6,043
  • Sep 25, 2013 1:36am Sep 25, 2013 1:36am
EU short only asking for +5 pips.
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  • #6,044
  • Sep 25, 2013 1:44am Sep 25, 2013 1:44am
Quoting maflip
EU short only asking for +5 pips. {image}
AU broke below support now, this + 5 pips might be asking too small of a TP now. But, I'll take the + 5
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  • #6,045
  • Sep 25, 2013 1:46am Sep 25, 2013 1:46am
EU TP hit, might go down more because some major pair broke a very strong support area.
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  • #6,046
  • Sep 25, 2013 1:56am Sep 25, 2013 1:56am
Quoting maflip
{quote} AU broke below support now, this + 5 pips might be asking too small of a TP now. But, I'll take the + 5 {image}
Right now that AU support break is not being followed by NU and the other major USD pairs. So, suspicion is in the air right now, it might be a false breakout.
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  • #6,047
  • Sep 25, 2013 2:28am Sep 25, 2013 2:28am
For me it's support break confirmation once NU breaks that little support there where I drew a circle. Those two moves together lately, so if the move on AU is real NU should follow right? We'll see what happens.
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  • #6,048
  • Sep 25, 2013 2:33am Sep 25, 2013 2:33am
If I'm analyzing wrong let me know ok . I'm learning forex like everyone else
  • #6,049
  • Sep 25, 2013 5:07am Sep 25, 2013 5:07am
Quoting maflip
For me it's support break confirmation once NU breaks that little support there where I drew a circle. Those two moves together lately, so if the move on AU is real NU should follow right? We'll see what happens. {image}
Yeap, looks like a false bear breakout, as NU and the other major USD pairs failed to follow thru. I sense a bear punishment coming soon.
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  • #6,050
  • Sep 25, 2013 5:32am Sep 25, 2013 5:32am
Quoting maflip
{quote} Yeap, looks like a false bear breakout, as NU and the other major USD pairs failed to follow thru. I sense a bear punishment coming soon. {image}
Short AU 11 pips TP/SL, interesting thing NU is doing. It's finally breaking down!!!
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  • #6,051
  • Sep 25, 2013 5:53am Sep 25, 2013 5:53am
Quoting maflip
{quote} Welcome back from vacation... I got bored here as I am the only one posting. I ended up posting on Sonic thread, bunch of fanatics there listening to bear minded only preacher who only see's bearish moves on an uptrend. Gawd, I'm not posting there ever again. The guys account got wiped out but they still listen to him like he is their savior, omg how gullible people really are when they are desperate. Anyway, welcome back.
Thank Maflip, now that psychological level has been broken, I will buy.
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you is your system, your system is you.
  • #6,052
  • Sep 25, 2013 5:59am Sep 25, 2013 5:59am
Quoting Axiomafx
{quote} Thank Maflip, now that psychological level has been broken, I will buy. {image}
  • #6,053
  • Sep 25, 2013 6:11am Sep 25, 2013 6:11am
Took a -7.3 pips loss, I'm not gonna wait for a full stop out. NU is going back up and the other USD pairs. Gotta suck it in and admit I'm most likely wrong.
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  • #6,054
  • Sep 25, 2013 6:43am Sep 25, 2013 6:43am
good job maflip, taking a loss is a part of the game.

this false breakout call was a very nice move keep it coming.

PS. dont listen to this sonicfreaks, they dont know anything but to hate on others.
consistency wins
  • #6,055
  • Sep 25, 2013 6:45am Sep 25, 2013 6:45am
Quoting iTrader
good job maflip, taking a loss is a part of the game. this false breakout call was a very nice move keep it coming. PS. dont listen to this sonicfreaks, they dont know anything but to hate on others.
Thanks, I'm going to feel really stupid if this TP hits though. But, It's ok, since it's getting so close to the news anyway.
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  • #6,056
  • Sep 25, 2013 8:03am Sep 25, 2013 8:03am
Made my 2nd non scalp trade, just bought AU with 540 pips SL looking to take half off at .9907, then will trail the rest. It's a nice setup on a daily and monthly chart. This 540 pips SL is worth $200 risk for me. I hope it does well.
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  • #6,057
  • Sep 25, 2013 8:05am Sep 25, 2013 8:05am
Understand the system, see the perfect wave and surf.

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you is your system, your system is you.
  • #6,058
  • Sep 25, 2013 10:23am Sep 25, 2013 10:23am
Upper triangle line broken, now they need to hold it up there then up we go . And, all the other pairs against the USD is going up, that's market confirmation right there heh heh. Let's make some money yo!
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  • #6,059
  • Sep 25, 2013 11:11am Sep 25, 2013 11:11am
I have not posted here in a while. I am still using the high leverage approach though. This was 1.5% in 3.2 pips! Had I let it go until the big round number, like I should have, it would have been 3.5%! BTW, I love the BH indie!
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Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #6,060
  • Sep 25, 2013 11:43am Sep 25, 2013 11:43am
Quoting capstone
I have not posted here in a while. I am still using the high leverage approach though. This was 1.5% in 3.2 pips! Had I let it go until the big round number, like I should have, it would have been 3.5%! BTW, I love the BH indie! {image}

@capstone
I'm just catching up with this thread. I like the high leverage combined with high probability strategy. If you don't mind me asking, what indicator is that one you have on your chart on the upper right corner which gives a number to the currencies? I'm looking for an indie that gives me the relative strength of currencies. Is that one something like that?
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