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Daytrading/scalping with high leverage - my proven strategy

  • Linked: 1 Lot - 1.000 $ | Brokerage Account XXX82
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  • #7,001
  • Apr 29, 2014 7:19am Apr 29, 2014 7:19am
IMO, it is not a valid entry. The TMA bottom is too close t your entry point.
  • #7,002
  • Apr 29, 2014 11:51am Apr 29, 2014 11:51am
Quoting panamamike
IMO, it is not a valid entry. The TMA bottom is too close t your entry point.
You were completely right.. I will take into consideration the distance of price from the upper or lower M5 TMA every time i trade!

After getting stopped out for a small loss on my previous trade I took a short in GJ noted by the red line. Looking to take profit at the yellow TMA.


Also I had a question, if we enter on Babon template A and then switch to B for exits, what should we do if price is already touching the M15 tma but is still showing a good position on the M5 tma.. exit immediately? Or use the m5 TMA for a target still.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ 4-29.png Size: 67 KB
  • #7,003
  • Apr 30, 2014 2:51am Apr 30, 2014 2:51am
Quoting Dyekid217
{quote} You were completely right.. I will take into consideration the distance of price from the upper or lower M5 TMA every time i trade! After getting stopped out for a small loss on my previous trade I took a short in GJ noted by the red line. Looking to take profit at the yellow TMA. Also I had a question, if we enter on Babon template A and then switch to B for exits, what should we do if price is already touching the M15 tma but is still showing a good position on the M5 tma.. exit immediately? Or use the m5 TMA for a target still. {image}...
Prsonally, I would only take the trade you ask abiut if it is a fresh change in trend on 1 HR and if the 1 HR chart shows lots of room to rum.
  • #7,004
  • May 2, 2014 12:32am May 2, 2014 12:32am
Hi Fav!
Can you reupload the template, plz. Because when I load your template to chart it's seem not same yours (image above). Or can you show me how to set up indicator in you template, plz. Because when I try to add TMA to my chart I just have a single line. How can I have uper and lower line like your template?
My English is very bad. So sorry if my reply's not clear. Thanks a lot.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 170 KB
  • #7,005
  • Edited 4:40am May 2, 2014 4:11am | Edited 4:40am
hello everyone,

First sorry for my english...

It's a problem of the code at the end of file TMA.mq4.

I found this on mql4 forum http://forum.mql4.com/61496

the answer by "RaptorUK 2014.03.03 18:38 #"

replace the function string StringUpperCase(string str)
  • #7,006
  • May 2, 2014 1:20pm May 2, 2014 1:20pm
Hi all, long time i haven't been here.
My name is Martin... Martin Gale
  • #7,007
  • May 2, 2014 2:32pm May 2, 2014 2:32pm
Quoting ckikadikoi
hello everyone, First sorry for my english... It's a problem of the code at the end of file TMA.mq4. I found this on mql4 forum http://forum.mql4.com/61496 the answer by "RaptorUK 2014.03.03 18:38 #" replace the function string StringUpperCase(string str)
I restarted to use TMA and there was not that problem on that file, the problem was that it uses the reserved keyword "char", i've replaced every occurence with "charac" and everything works fine.
My name is Martin... Martin Gale
  • #7,008
  • May 2, 2014 2:40pm May 2, 2014 2:40pm
And for my come back, a nice trade on gold :
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 58 KB
My name is Martin... Martin Gale
  • #7,009
  • May 5, 2014 9:05am May 5, 2014 9:05am
Hello!
I was wondering if anyone is intreseted in creating a subscibable signal in mql5.com/en/signals for this system?

//Fredrik
  • #7,010
  • May 8, 2014 11:52am May 8, 2014 11:52am
Quoting fwesterstad
Hello! I was wondering if anyone is intreseted in creating a subscibable signal in mql5.com/en/signals for this system? //Fredrik
Maybe in a few days/weeks depending on the time i have.
Attached Image (click to enlarge)
Click to Enlarge Name: capture.png Size: 54 KB
My name is Martin... Martin Gale
  • #7,011
  • May 9, 2014 7:22am May 9, 2014 7:22am
Have a look at this one as well.

Growing USD10 into USD580 in 30 days - gotta love 1000:1 leverage.

Inserted Video
  • #7,012
  • Edited May 11, 2014 12:06am May 10, 2014 1:20am | Edited May 11, 2014 12:06am
Quoting janusdp
Have a look at this one as well. Growing USD10 into USD580 in 30 days - gotta love 1000:1 leverage. https://www.youtube.com/watch?v=j2GzZANBeAI
Are you selling, or intending to sell, the system in your video?

The reason I ask is that you joined Forex Factory less than a month ago, but have already posted the same video (link) in several different threads.

If you're intending to sell anything, you should be posting in the Commercial Content forum.
  • #7,013
  • May 10, 2014 5:58am May 10, 2014 5:58am
Here's my template and my indi for those who miss some of them :
Attached File(s)
File Type: tpl Fractal S&R Zone V2.tpl   540 KB | 467 downloads
File Type: ex4 10.2 TMA slope true 4.30.ex4   10 KB | 404 downloads
File Type: ex4 AIMS Box V5.1.ex4   3 KB | 396 downloads
File Type: mq4 Kumo_Breakout_Histo.mq4   9 KB | 543 downloads
File Type: mq4 TMA.mq4   8 KB | 440 downloads
File Type: ex4 FXI Pivots.ex4   25 KB | 392 downloads
My name is Martin... Martin Gale
  • #7,014
  • Edited 1:41pm May 10, 2014 7:38am | Edited 1:41pm
condor666,

thanks for the template and indicators.
One more question to you: as I inderstood from the description of AIMS Box indie, you trade breakouts of its 'grey' zones, am i right?

So you've already answered via pm while my post still under review by moderator
  • #7,015
  • May 10, 2014 4:32pm May 10, 2014 4:32pm
Quoting janusdp
Have a look at this one as well. Growing USD10 into USD580 in 30 days - gotta love 1000:1 leverage. https://www.youtube.com/watch?v=j2GzZANBeAI
LOL

  1. The website in video is dead
  2. learn to calculate that's 100:1 leverage not 1000
  3. Buy you a life instead spamming forums

My name is Martin... Martin Gale
  • #7,016
  • May 10, 2014 4:43pm May 10, 2014 4:43pm
I am glad to let you folks know I finally finished my projects and will commence fulltime trading from Monday, May 12th. I don't trade the Babon TMA System but it is a very excellent system that Favorite has graciously shared here. I trade the MA Ribbon and a 3 MA Channel with 4 Stochastic combinations on the M1 & M5 TF, and therefore hope those of you that trade Babon will be active and we can compare notes and systems. Samples of my UCH, EU & EJ charts from yesterday are attached with some explanation, so we can concentrate on our trading.

Glad to see Condor back and active, and trust others will do the same.

Cheers, and see you traders on Monday.
Shalom

George
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UCH Trade Setup1 - 5092014.gif Size: 70 KB
Click to Enlarge Name: EU Trade Setup1 - 5092014.gif Size: 65 KB
Click to Enlarge Name: EJ Trade Setup1 - 5092014.gif Size: 78 KB
Attached Image
Low Risk Low Stress High Reward High Probability Trades
  • #7,017
  • May 10, 2014 4:49pm May 10, 2014 4:49pm
To be honest actually i use 2 systems at the same time and it gives this :

Attached Image (click to enlarge)
Click to Enlarge Name: capture.png Size: 152 KB
My name is Martin... Martin Gale
  • #7,018
  • May 10, 2014 4:52pm May 10, 2014 4:52pm
Quoting condor666
To be honest actually i use 2 systems at the same time and it gives this : {image}


I have two systems too. I only showed the MA Ribbon and not the 3 MA Channel System but they are very similar anyway and use the same Stochastic combination for confirmation
Low Risk Low Stress High Reward High Probability Trades
  • #7,019
  • May 11, 2014 9:42pm May 11, 2014 9:42pm
Quoting 919gilead
{quote} I have two systems too. I only showed the MA Ribbon and not the 3 MA Channel System but they are very similar anyway and use the same Stochastic combination for confirmation
Hey George,

Can I ask you what's the reason you use RSI candles as opposed to using the RSI oscillator? Is there a benefit?

cheers
Enter Signature
  • #7,020
  • May 12, 2014 2:00am May 12, 2014 2:00am
Quoting condor666
{quote} LOL The website in video is dead learn to calculate that's 100:1 leverage not 1000 Buy you a life instead spamming forums
Hi Condor

Thanks for your cynical reply.

1 - Try this link, the other website experienced network problems.
2 - Please explain what you mean ?
3 - Thanks for the offer but I already have one. I posted a message to a forum (which was still legal last time I checked....and actually what forums are designed for). Please check the definition of spamming ?

Have an awesome day.
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