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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #6,201
  • Oct 1, 2013 1:41am Oct 1, 2013 1:41am
Quoting iTrader
{quote} fundamentally spoken, you have a very good chance that this trade will work out, AUD on the run after RBA Statement.
hah hah it's a technical entry at 1 hour chart. I'm already up 40 pips
  • #6,202
  • Oct 1, 2013 1:42am Oct 1, 2013 1:42am
Quoting pundit78
{quote} Remember this is 1 min chart we must come out quickly pocketing 5 - 7 pips, market is slow.
Still holding this EJ Short? Watch out bro, AJ is flying right now.
  • #6,203
  • Oct 1, 2013 1:45am Oct 1, 2013 1:45am
Quoting iTrader
{quote} fundamentally spoken, you have a very good chance that this trade will work out, AUD on the run after RBA Statement.
The recent down move is only a retracement of a bigger move.
Attached Image (click to enlarge)
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  • #6,204
  • Oct 1, 2013 1:45am Oct 1, 2013 1:45am
Quoting maflip
{quote} Still holding this EJ Short? Watch out bro, AJ is flying right now.

I hedged the pair and just closed it.
  • #6,205
  • Oct 1, 2013 1:46am Oct 1, 2013 1:46am
Quoting maflip
{quote} The recent down move is only a retracement of a bigger move. {image}
So most likely my 92 pips TP is very modest.
  • #6,206
  • Oct 1, 2013 1:47am Oct 1, 2013 1:47am
Quoting pundit78
{quote} I hedged the pair and just closed it.
Ok, just saying be careful don't let me words mess up your decision.
  • #6,207
  • Oct 1, 2013 1:52am Oct 1, 2013 1:52am
If I get EJ at 132.80, my purpose will be solved.
  • #6,208
  • Oct 1, 2013 1:58am Oct 1, 2013 1:58am
Not breaking 133.
  • #6,209
  • Oct 1, 2013 2:01am Oct 1, 2013 2:01am
Hedged the pair again, fear.....as I have bigger position and lots of news are ahead.
  • #6,210
  • Oct 1, 2013 2:10am Oct 1, 2013 2:10am
Bad luck.
  • #6,211
  • Oct 1, 2013 2:57am Oct 1, 2013 2:57am
AJ Buy stop 92.398, little add on if hit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
  • #6,212
  • Oct 1, 2013 3:10am Oct 1, 2013 3:10am
Quoting maflip
AJ Buy stop 92.398, little add on if hit. {image}
Either my trailing stop will get hit, or I get added some more positions to my long AJ trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB
  • #6,213
  • Oct 1, 2013 4:17am Oct 1, 2013 4:17am
Thank GOD I saved my profit and account too.
  • #6,214
  • Oct 1, 2013 4:18am Oct 1, 2013 4:18am
Quoting maflip
{quote} Either my trailing stop will get hit, or I get added some more positions to my long AJ trade. {image}
filled ?
consistency wins
  • #6,215
  • Oct 1, 2013 4:42am Oct 1, 2013 4:42am
Quoting iTrader
{quote} filled ?

Yeah, trailing stop was hit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 66 KB
  • #6,216
  • Oct 1, 2013 4:43am Oct 1, 2013 4:43am
Quoting maflip
{quote} Yeah, trailing stop was hit. {image}
And then watch it go up without me lol
  • #6,217
  • Oct 1, 2013 9:11pm Oct 1, 2013 9:11pm
OK decided to read the full post from page 1 - currently at page 52 and finally it starts coming together in my head... Quite eager to test in out :-)
Thanks everyone for sharing this very educative and interesting post.
  • #6,218
  • Oct 2, 2013 12:50am Oct 2, 2013 12:50am
2 Market Orders for now waiting to get filled

NzdUsd Sell 8239 Stop 8254 Limit 8210

NzdJpy Sell 80.65 Stop 80.85 Limit 80.25
consistency wins
  • #6,219
  • Oct 2, 2013 1:26am Oct 2, 2013 1:26am
AudUsd Buy 9353 Stop 9338 Limit 9370
consistency wins
  • #6,220
  • Oct 2, 2013 2:11am Oct 2, 2013 2:11am
Quoting iTrader
AudUsd Buy 9353 Stop 9338 Limit 9370
Out -1 dont like what i see.
consistency wins
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