Yes, I see the charts, and what is even more important I see the M1 charts. It has nothing to do with the correlation. If you don't understand what DOLLAR-based currencies are all about - too bad. I've seen even strong AudUsd spikes affected all the ...

Daytrading/scalping with high leverage - my proven strategy

Oh, come on! For you 45 pips EurUsd is a spike, but 35 pips NzdUsd is not a spike, it is just "few pips move"? And all others too? Yes, it does make perfect sense! When GbpUsd (one of two most popular and most powerful currencies) has a 120 pips ...

Daytrading/scalping with high leverage - my proven strategy

Merkel was on the news about 25 minutes ago, and EurUsd spike started forty minutes ago. And how can you explain the similar spikes for ALL the dollar-based currencies, even NzdUsd and UsdCad? Merkel has nothing to do with UsdCad, hasn't she?

Daytrading/scalping with high leverage - my proven strategy

I respectfully disagree. EurUsd spike started approximately 15 minutes after GbpUsd spike, GbpUsd huge and sudden spike had impact on all the USD-based currencies, even on UsdCad, and it's natural. And when was the Merkel's speech?

Daytrading/scalping with high leverage - my proven strategy

And EurUsd followed GbpUsd, and EurJpy followed EurUsd...

Daytrading/scalping with high leverage - my proven strategy

To tell you the truth, if I was trading GbpUsd I would never stop trading for this kind of news and not every time their GDP has such an impact. That's why it is important always have SL/lock. But GbpJpy would still be just fine, at the time of the ...

Daytrading/scalping with high leverage - my proven strategy

Yes, and modest, and very smart too! No, Favorite would never wear red dress and high heels!

Daytrading/scalping with high leverage - my proven strategy

Yes, TMA H4 center line is a very strong pattern, but as I said in my Summary we wait for either a strong break-out or a strong bounce. Before this particular trade I was talking about the price broke the center line powerfully, so if I was trading ...

Daytrading/scalping with high leverage - my proven strategy

That's OK, Simonik, right now you're cute and funny, and so called "grown-ups" are NOT! To tell you the truth, I never grew up myself!

Daytrading/scalping with high leverage - my proven strategy

Very nice trades, Simonik! But EurJpy short trade at this particular time could bring you 25-30 pips, much more than the EurUsd short trade! Probably none of my business...

Daytrading/scalping with high leverage - my proven strategy

He trades M1 pure Price Action and he also trades one of my older M1 systems (I created Babon using this system as a basis, so to speak). On the particular day when he made more than 1500 pips, approximately two thirds of his trades were pure Price ...

Daytrading/scalping with high leverage - my proven strategy

ECO, that just means that in your "at least seven years" you never met a good scalper. I'm very good, but I'm not the best one. I already told that one of the traders I know makes 100-200+ pips per day, day in and day out, and his personal ...

Daytrading/scalping with high leverage - my proven strategy

No, no! All those trades I took today are according to the rules! There is Classic Babon trading (the rules are in the Summary, article 14) and there is naked pattern "TMA M1 beyond the Ichimoku cloud" trading (the rules are in the Summary, article ...

Daytrading/scalping with high leverage - my proven strategy

And I was right, after that we had a powerful pullback, more than 40 pips. That's why my Summary recommends you to have H1 chart open - it is very important not only watch the M1 charts, but also watch H1's TDI and H1/H4 TMAs.

Daytrading/scalping with high leverage - my proven strategy

Hambarcumian, it is a good question, and although you see the answer yourself, I prefer to explain it to the others in details. I didn't take the first buy, when the price went above the cloud, because the TMA M1 center line was at the moment under ...

Daytrading/scalping with high leverage - my proven strategy

Yes, great trade, congratulations!

Daytrading/scalping with high leverage - my proven strategy

ImminentEdge, you've made a very good point, and if anyone can suggest better, more precise exits, I would be very grateful!

Daytrading/scalping with high leverage - my proven strategy

I'm done for today. Made 70 pips trading EurJpy naked pattern "TMA M1 beyond the Ichimoku cloud". 30 pips in the first three small trades and 40 pips in the big one. The main reason I stayed in this trade for so long - the angle of the TMA M1 was ...

Daytrading/scalping with high leverage - my proven strategy

Dan, thank you so very much! It is obviously a very good method, I will test it as thorough as possible!

Daytrading/scalping with high leverage - my proven strategy

Hi ImminentEdge! I'm glad that you like DNA's thread. As to your question: I can enter the trades using pure chart almost as good as using my system, but this "almost" means a lot, and since my system has winning rate significantly higher than me ...

Daytrading/scalping with high leverage - my proven strategy