Thanks Hollowhead, I thought price must be below cloud , sma and white line and in upper half of tmas to go short, and price above cloud and sma and white line and in lower half of tmas to go long. If you look at condors charts he posts all his ...

Daytrading/scalping with high leverage - my proven strategy

Meant to say on usd/jpy

Daytrading/scalping with high leverage - my proven strategy

Thanks Condor , it just seems like whenever price drops below cloud and sma its always in bottom half of tma and same for long , price goes above cloud and sma and inchy white line but is always in top half of tma. As I type this price has broken ...

Daytrading/scalping with high leverage - my proven strategy

Thanks for quick reply condor, as a matter of interest do you actually take any of these trades in real time as I am watching a lot and never see them in real time only when I look back but I know these indicators move so the trade never really ...

Daytrading/scalping with high leverage - my proven strategy

Hi CONDOR Could you tell me why on your gbp/jpy trade the candle about 10candles before your entry arrow would not have been a valid entry long, or if it was did you just miss it. Geoff

Daytrading/scalping with high leverage - my proven strategy

Hi Condor Could you tell me what the green and white lines are on your chart and the settings. Apologies if this has been asked before, Geoff

Daytrading/scalping with high leverage - my proven strategy

Morning All 7.15am here in UK up and ready to start new week, already seems like a few good trades have been taken by you lot. Geoff

Daytrading/scalping with high leverage - my proven strategy

Sorry meant 12.24 candle

Daytrading/scalping with high leverage - my proven strategy

Hi Fav, Do you ever sleep? If you are still awake could you tell me why you would not have taken entry at 11.24 candle on your chart(15.24 on mine} as all entry criteria looked really good for short trade to me . Regards Geoff

Daytrading/scalping with high leverage - my proven strategy

I am herebevery day dipping my toes gently in the water at this point but getting better with practice, Lovely Jubberly Geoff

Daytrading/scalping with high leverage - my proven strategy

Cheers Fav, great explanation as usual Geoff

Daytrading/scalping with high leverage - my proven strategy

Some really good pips to be made today on eur/jpy , a couple running for more than 60+pips each, which brings me neatly to my question for Fav, When you enter a trade , apart from the normal criteria, what are your thought processes to give you ...

Daytrading/scalping with high leverage - my proven strategy

Hi Fav Yes I was watching at the time and distance was just about 10/11 pips to 5min tma so I gave it a miss . However did take the trade on my chart(alpari uk) at 17.37 and distance on entry was about 16 pips or so from yellow lines. I was looking ...

Daytrading/scalping with high leverage - my proven strategy

Hi Fav A little confused by your answer to jonnypants as distance to yellow tma5 was barely 10pips, thought this was a no trade as not enough distance or am I talking rubbish as usual. Geoff

Daytrading/scalping with high leverage - my proven strategy

Hi Fav Many thanks for further explanations on TMA patterns, am really beginning to enjoy this. One question if I may........When Babon changes colour how many candles are you prepared to wait after this for a valid signal or scrub the trade, what I ...

Daytrading/scalping with high leverage - my proven strategy

Many thanks Fav for a clear answer I understand much better now Regards Geoff

Daytrading/scalping with high leverage - my proven strategy

Hi Fav Something I am not too sure of, when you enter a trade and all is looking good do you get out a change of colour on babon even if its just a candle or two or is a hard and fast exit rule.... change of babob colour get out straight away. The ...

Daytrading/scalping with high leverage - my proven strategy

Just running through a few pairs and I see a number that have gone upwards of 200 pips in our favour before turning round and hitting full stop loss before opposite signal appears , may be we should be thinking of going to breakeven when up about ...

The7 Trading System

Long 1.2294.......SL hit

1minute 1 trade

Yes you are right, I forgot about that Geoff

1minute 1 trade