I was just a matter of time...

Daytrading/scalping with high leverage - my proven strategy

Yeah, unfortunately. But (like yesterday) I managed to close one half at 1/1. So I cannot complain. A nice runner would be nice though...

Ramblings of a Forex Junkie

I think I could not trade a system with a drawdown of 85% and the risk of a margin call. I prefer to enter trades with at least a r/r of 1/1.

Daytrading/scalping with high leverage - my proven strategy

Nice trade! Pending order at the low of the inside bar after the news...I took the same.

Ramblings of a Forex Junkie

Absolutely. I am in it, too. Closed already half position at 1/1.

Ramblings of a Forex Junkie

Seneca, do you move your stop now to BE at 1/1 also for the "normal" level trades or only for the range breakout?

Ramblings of a Forex Junkie

You were damn right, awesome! Closed one half at 1/1, second half running with stop at BE...

Ramblings of a Forex Junkie

Good decision, seems if the high is holding. Let's see.

Ramblings of a Forex Junkie

Yes, I am.

Ramblings of a Forex Junkie

I said I did not long, but I shorted below the 8:45 candle with s stop order for a short scalp...stop goes above high of the candle.

Ramblings of a Forex Junkie

Right, but for the breakout of news bars Seneca does not wait for a close...

Ramblings of a Forex Junkie

I did not trade the breakout of the news bar because of 1.31 above.

Ramblings of a Forex Junkie

Yesterday was nice for the opening range breakout. First half closed at 1/1 for 1.0R (0.5%), second half closed today for 5.0R (2.5%). That makes 3% account increase and got me just to break-even on the breakout method this week which was a tough ...

Ramblings of a Forex Junkie

Seneca, I enjoy all three methods you described (levels, news and breakout) but the simplest of all by far is the opening range breakout. Whenever I have very little time during the day I only play the range breakout. You said it, this week was a ...

Ramblings of a Forex Junkie

919gilead, why do you use a 72ema low? This is kind of unsymmetric if you know what I mean. The 72ema(low) is always below the 72ema(close) and for a long trade price has to pass less distance than for a short trade. For me it would make sense if ...

Daytrading/scalping with high leverage - my proven strategy

dnabrasil, would you ever cut your losses short and close the trade before stopout/margin call?

Daytrading/scalping with high leverage - my proven strategy

Seneca, how exact are you regarding entries from the opening range? Yesterday I missed the short from the lower range by a few pips...

Ramblings of a Forex Junkie

Nice results! Does this mean, you always aim for 10.8 pips per trade now? And what timeframe did you use for entry?

Daytrading/scalping with high leverage - my proven strategy

It was the previous week's close, Friday 17:00 NY time.

Ramblings of a Forex Junkie

Nice trading. I took the same, but exited a little earlier.

Ramblings of a Forex Junkie