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Favorite replied Apr 12, 2013Not the best day for normal trading. ECOFIN meetings, Eurogroup meetings, Bernanke speaks, Rosengren speaks... A little too much for one day IMHO. Yesterday I made an obscene amount of pips (almost 180) trading both Babon and another M1 system. So ...
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
No, I don't believe in the coincidences! And congratulations - 2,000 is a very lucky number!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
Don't worry, be happy!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
condor666, zigzag sucks IMHO (Pardon my French)!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
DNA, that is REALLY cool!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
No, it is wrong. The swings that I marked with black lines are too small. And what you call "LH" is much lower than the high that I marked to the left with the black rectangle. And your "HL" is less than 1 pip higher than your "LL". Come on! I ...
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
Thank you, fugio! But as a matter of fact I followed all the rules except only one - no trading during big news.
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
Geoff, it is a good time, I usually finish my trading at about 11:00 AM EST, and right now 10:37 AM EST.
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
12:24 was before the news. I entered after the news.
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
No, where did you get this? High-Low-LowerHigh-LowerLow-SecondLowerHigh
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
EURJPY, +62 pips. Yes, I know I said myself about the news, but I saw such good conditions that I decided to take a risk.
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
Yes, better safe than sorry!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
Do you use locks instead of SL now?
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
And I appreciated your smart question!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
By the way, that is one of the reasons why I want you guys learn Price Action. Right now I post mostly the trades that I take according to the post 930 rules, but I make very good pips with this pattern, so in the future we need to know Price Action ...
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
DNA, excellent results, congratulations! A tiny drawdown is especially impressive! Guys, I agree with DNA, maybe you can't reach such great results immediately, but a smart and patient trader can do it eventually!
Daytrading/scalping with high leverage - my proven strategy
- Favorite replied Apr 11, 2013
Mario, TMA repaints, what you see on history and what it looked like in reality - two different things. But yes - usually you can make 8-10 pips without problems. I just don't like counter-trend trading, but it is just my personal preference. I'm ...
Daytrading/scalping with high leverage - my proven strategy