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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #6,101
  • Sep 27, 2013 12:13am Sep 27, 2013 12:13am
A little patience, + 22.
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you is your system, your system is you.
  • #6,102
  • Sep 27, 2013 12:18am Sep 27, 2013 12:18am
Quoting Axiomafx
A little patience, + 22. {image} {image}


Currently in a trade GU looking for +24 pips... Not a scalp. Bleeding red at the moment heh heh Stop will tighten as it goes my way.
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  • #6,103
  • Sep 27, 2013 12:19am Sep 27, 2013 12:19am
Quoting maflip
{quote} Currently in a trade GU looking for +24 pips... Not a scalp. Bleeding red at the moment heh heh Stop will tighten as it goes my way. {image}
ZOMG!!! It jumped in my favor as I'm typing this wowowwweeee
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  • #6,104
  • Sep 27, 2013 12:21am Sep 27, 2013 12:21am
Quoting maflip
{quote} ZOMG!!! It jumped in my favor as I'm typing this wowowwweeee {image}
That was the quicket +24 PIPS I made ahah hah hahah. They did not even gave me the chance to add to a winning trade geez. That's what I get for posting here hah hah
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  • #6,105
  • Sep 27, 2013 12:29am Sep 27, 2013 12:29am
Something is up for it to move that quick, anyone know anything? All I know is time to put on my aggressive bullish hat.
  • #6,106
  • Sep 27, 2013 12:30am Sep 27, 2013 12:30am
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you is your system, your system is you.
  • #6,107
  • Sep 27, 2013 12:33am Sep 27, 2013 12:33am
Quoting Axiomafx
{image} {image}
Hah hah that trade is going to the records, It went up in a blink.
  • #6,108
  • Edited 1:39am Sep 27, 2013 1:14am | Edited 1:39am
I am trying Genesis with TMA and BHE and will post here only, If Genesis owner /members have any objection pls reply here.
  • #6,109
  • Sep 27, 2013 1:52am Sep 27, 2013 1:52am
Fake out then rally? But some big shot is going to talk soon... So I'm passing on this one, I might miss this run up though but it's ok.
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  • #6,110
  • Sep 27, 2013 1:55am Sep 27, 2013 1:55am
Quoting maflip
Fake out then rally? But some big shot is going to talk soon... So I'm passing on this one, I might miss this run up though but it's ok. {image}
BS starts in two hours but I don't want to get cought holding the wrong bag when he croaks. It might just consolidate for now waiting for the speech so... Pass...
  • #6,111
  • Sep 27, 2013 2:01am Sep 27, 2013 2:01am
Maflip, do you not use the ATR fileter anymore?

Anyhow, do any of you have an indicator showing the current ATR for all pairs? It would be useful when one wants to choose which pair to trade at the current time.
  • #6,112
  • Sep 27, 2013 2:08am Sep 27, 2013 2:08am
Quoting peterwest
Maflip, do you not use the ATR fileter anymore? Anyhow, do any of you have an indicator showing the current ATR for all pairs? It would be useful when one wants to choose which pair to trade at the current time.
I still use ATR, it's just I got so used to this now. Also, sometimes I've been taking trades on the higher time frame. No need for ATR filter on higher TF. However, my ATR filter can still tell me if there's a good chance my trade will have a succesfull stop and reverse due to high volatility.
  • #6,113
  • Sep 27, 2013 2:11am Sep 27, 2013 2:11am
Quoting peterwest
Maflip, do you not use the ATR fileter anymore? Anyhow, do any of you have an indicator showing the current ATR for all pairs? It would be useful when one wants to choose which pair to trade at the current time.
But, yes, for beginners only trade when there's high volatility. Stick to support and resistance with high volatility, like I told Loeil if you CT a resistance/support area once that S/R breaks and you are wrong, you might be able to take back 2-3 times your loss due to stop and reverse. So safest place to trade is there. But on major S/R like in the 1 hour chart.
  • #6,114
  • Sep 27, 2013 2:34am Sep 27, 2013 2:34am
Might turn up soon, small lot only, near news. Use your own entry rule.
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  • #6,115
  • Sep 27, 2013 3:36am Sep 27, 2013 3:36am
Quoting maflip
Might turn up soon, small lot only, near news. Use your own entry rule. {image}
Well.. I guess it didn't turn eh?
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  • #6,116
  • Sep 27, 2013 4:04am Sep 27, 2013 4:04am
Long EJ trend trade 27 Pips TP/SL or if trailing stop is hit.
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  • #6,117
  • Sep 27, 2013 4:09am Sep 27, 2013 4:09am
Quoting maflip
Long EJ trend trade 27 Pips TP/SL or if trailing stop is hit. {image}
I'm gonna bank in half at + 14 pips profit. Then stop -5 pips below entry. Let's see what happens.
  • #6,118
  • Sep 27, 2013 4:23am Sep 27, 2013 4:23am
GU Long 19 pips TP/SL
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  • #6,119
  • Sep 27, 2013 4:24am Sep 27, 2013 4:24am
If both trades are wrong then I suck
  • #6,120
  • Sep 27, 2013 5:11am Sep 27, 2013 5:11am
They missed my SL on EJ by like .5 pips or something. I'm like whew Now, after missing my SL by that much and my TP is hit, I'm gonna get a good laugh.
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