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Daytrading/scalping with high leverage - my proven strategy

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  • #8,601
  • Mar 25, 2017 12:58pm Mar 25, 2017 12:58pm
Quoting dominick1982
{quote} Thanks, I already tried that post... I can only get one TMA on the chart. Only the current time frame of the chart, don't know what I am doing wrong...
https://www.forexfactory.com/showthr...56#post8373556

Try to load from a template instead
Aggressive, High Risk, High Gain, High Accuracy
  • #8,602
  • Mar 26, 2017 11:27am Mar 26, 2017 11:27am
All set..! Thanks for the tips.

Does anyone have an active trade explorer that uses this strategy? Back in 2013 when this thread was started it sounded like people were really succesfull, I am curious to find out how much profit other traders made with this trading style.
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  • #8,603
  • Mar 29, 2017 9:12am Mar 29, 2017 9:12am
Quoting dominick1982
All set..! Thanks for the tips. Does anyone have an active trade explorer that uses this strategy? Back in 2013 when this thread was started it sounded like people were really succesfull, I am curious to find out how much profit other traders made with this trading style. {image}
what does it matter if someone else is trading it well or how much they make? Several of us make a living trading this strategy.....but does not mean u will, as everyone is different and trades differently. Traded it yourself and see.
  • #8,604
  • Mar 29, 2017 10:04am Mar 29, 2017 10:04am
Quoting maflip
{quote} GU T1 and T2 hit. Tomorrow if it keeps holding at this area it may bounce up. Keyword: It "may" bounce up. Kk no more rambling. I'm just bored that's why I post here. {image}
Hey maflip, I have a question.. do all the indicators work in ctrader? Or do you use both plattforms, mt4 and ctrader?

Thanks!
  • #8,605
  • Mar 29, 2017 10:19am Mar 29, 2017 10:19am
Quoting panamamike
{quote} what does it matter if someone else is trading it well or how much they make? Several of us make a living trading this strategy.....but does not mean u will, as everyone is different and trades differently. Traded it yourself and see.
I am just curious... Isn't that the whole point of having trade explorers and myfxbook, so you can watch how other traders perform and learn from them?

By the way, first three days went very well. I still have to practice, not all my entries are good and I got lucky a few times. Today I made 58 pips, not bad... 6 trades 100% profitable.
  • #8,606
  • Mar 29, 2017 11:43am Mar 29, 2017 11:43am
Quoting themoney
{quote} Hey maflip, I have a question.. do all the indicators work in ctrader? Or do you use both plattforms, mt4 and ctrader? Thanks!
I have a TMA converted to CTrader which works there. My other indicators on MT4 does not work on Ctrader. So I analyze on Mt4 and live trades on Ctrader.
  • #8,607
  • Mar 29, 2017 11:44am Mar 29, 2017 11:44am
Quoting dominick1982
{quote} I am just curious... Isn't that the whole point of having trade explorers and myfxbook, so you can watch how other traders perform and learn from them? By the way, first three days went very well. I still have to practice, not all my entries are good and I got lucky a few times. Today I made 58 pips, not bad... 6 trades 100% profitable.
I don't trade on Mt4 anymore. I got no TE to share.
  • #8,608
  • Mar 29, 2017 11:47am Mar 29, 2017 11:47am
Quoting maflip
{quote} I have a TMA converted to CTrader which works there. My other indicators on MT4 does not work on Ctrader. So I analyze on Mt4 and live trades on Ctrader.
Thanks for the information, really appreciated. I am wondering if they work in jforex, will give it a try.
  • #8,609
  • Mar 29, 2017 11:56am Mar 29, 2017 11:56am
Possible pattern completion is nearing on GBPCAD if it holds on 162 and 200. Then switch to M1 see if you have an entry. To flip it to the upside for a scalp. I always look for reversals at pattern completion. Alot of goons takes profit around there.
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  • #8,610
  • Mar 30, 2017 12:15am Mar 30, 2017 12:15am
Hi guys so i've been following the thread for a while but i'm having trouble with the through the ichimoku cloud pattern if someone can break it down to me what should i look for to confirm it, or what does condor666 uses as indicator did not manage to make the TVI work
  • #8,611
  • Mar 30, 2017 1:57am Mar 30, 2017 1:57am
Quoting SolidusDex
Hi guys so i've been following the thread for a while but i'm having trouble with the through the ichimoku cloud pattern if someone can break it down to me what should i look for to confirm it, or what does condor666 uses as indicator did not manage to make the TVI work
Verify it with swing highs/lows.
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  • #8,612
  • Mar 30, 2017 2:00am Mar 30, 2017 2:00am
No Trade.
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  • #8,613
  • Mar 30, 2017 2:07am Mar 30, 2017 2:07am
Quoting SolidusDex
Hi guys so i've been following the thread for a while but i'm having trouble with the through the ichimoku cloud pattern if someone can break it down to me what should i look for to confirm it, or what does condor666 uses as indicator did not manage to make the TVI work
Time of day is important. I think it's written here somewhere. Careful scalping on low volatility you will loose on commission.
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  • #8,614
  • Mar 30, 2017 2:14am Mar 30, 2017 2:14am
Gotta really pay attention to price action. Another example. Really I think all this is in Lance Beggs price action document right? Anyway, here's another one.
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  • #8,615
  • Mar 30, 2017 2:19am Mar 30, 2017 2:19am
If price extends to over 200% of the last swing. It could be a trend confirmation. Doesn't always work. But it's a guideline. So expect a follow thru. If it stops at 162 and 200%. It's a weak move and it might get faded. etc etc etc. There yah go. Simple rule but it might help alot. blah blah blah.
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  • #8,616
  • Mar 30, 2017 3:25am Mar 30, 2017 3:25am
GJ scalp to 162 and 200???

A double bottom right there then above the cloud. Let's see what happens.
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  • #8,617
  • Mar 30, 2017 3:44am Mar 30, 2017 3:44am
Quoting maflip
GJ scalp to 162 and 200??? A double bottom right there then above the cloud. Let's see what happens. {image}
Missed 162 by 3 pip. hah hah. I did not took this trade just showing an example. It seems to have stopped at the top of the TMA M5 band. But trade would have gained 8 pips.
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  • #8,618
  • Mar 30, 2017 3:54am Mar 30, 2017 3:54am
Quoting maflip
{quote} Missed 162 by 3 pip. hah hah. I did not took this trade just showing an example. It seems to have stopped at the top of the TMA M5 band. But trade would have gained 8 pips. {image}
Trade is counter trend to H1 ok. I'm just showing how to confirm with swings.
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  • #8,619
  • Mar 30, 2017 4:26am Mar 30, 2017 4:26am
Quoting maflip
{quote} Missed 162 by 3 pip. hah hah. I did not took this trade just showing an example. It seems to have stopped at the top of the TMA M5 band. But trade would have gained 8 pips. {image}
But the bastards still hit it. this is why I still confirm with structure no matter what TDI says. Indicators fires late but price action is ahead. But no I did not go long lolz
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  • #8,620
  • Mar 30, 2017 4:34am Mar 30, 2017 4:34am
However, UJ structure is still intact. Valid short at the break below the last swing low. As long as they don't break above it. Short is still ok. But it seems they are going to break it any moment now.

LOL Broken at the time of this typing. Ok I'm going to focus on trading now. I haven't made money yet lol
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