It depends. 1). You can scalp M5 with this TMS system. The same rules, the same template, the same indicators. Unfortunately M5 gives more false signals than H1, but on the whole you can make pretty good pips. Of course, if you scalp M5 in the H1's ...

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That really sucks! That's one more reason to trade H1 - H1 needs much smaller SL. You can be pretty much safe with 30 pips SL. That's the whole point! If you trade H1, you just trade H1. If you trade H4 you have to consider both H1 and H4, otherwise ...

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Thank you, Matrix8756! As you can see, price went down 16 more pips, but you know what they say: the greedy man always pays twice!

Daytrading/scalping with high leverage - my proven strategy

Paul, I'm very good at it, and I predict: you will be the one who does all the kicking!

Daytrading/scalping with high leverage - my proven strategy

EURJPY +21 pips. I decided to wait until the TMA M15 because there was a nice "TMA M1 beyond the Ichimoku cloud" pattern on Babon-B. So I exited when the price touched the red line. Could wait a little longer and get 28 pips instead of 21... And ...

Daytrading/scalping with high leverage - my proven strategy

Paul, it is very generous of you that you spend your trading time doing coding, but you'll see: it's gonna be worth your while, and we both know - when you start full-strength trading, you'll kick some butt!

Daytrading/scalping with high leverage - my proven strategy

I said several times that if you can trade H1, you should trade H1, not H4. But if you want to trade H4, you have to look at H1 too. You entered when H1's movement up was practically over. I wonder how big was your SL...

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EURJPY +10 pips. Probably after the previous trade I shouldn't enter the next Babon's signal, but I was sure that the trend was still in tact. This trade was longer than an average trade a little more nervous than an average trade, but on the whole ...

Daytrading/scalping with high leverage - my proven strategy

Sure! Any time!

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It's interesting what happened to the previous pending order? Oh, bummer! GBPUSD is still 1.5268. Doesn't want to go to 1.5400... No wonder BigE never recommended pending orders...

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EURJPY +14 pips and +8 pips. Second trade was confronted with a strong resistance, I preferred to exit with a small profit.

Daytrading/scalping with high leverage - my proven strategy

Igor, using your system to trade M5 too is a VERY interesting idea! And there are a lot of the thread's participants who prefer to trade not M1, but M5!

Daytrading/scalping with high leverage - my proven strategy

Igor, it is a very smart approach IMHO! Yes, taking 30+ pips in just one trade is very nice, but taking 10 pips 3 times is safer and much easier!

Daytrading/scalping with high leverage - my proven strategy

It was 24 hours ago but as far as I remember there were two reasons: 1). Babon-B showed "TMA M1 beyond TMA M5" pattern (I explained this pattern in the post #1146) 2). I didn't like the Price Action. I was supposed to enter at the second ...

Daytrading/scalping with high leverage - my proven strategy

Yes, I agree with everything you said. And, of course, if we look at H1 we see that right now buying is not a very smart move.

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Yes, BigE was very particular about the sessions.

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I'm out of the market.

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No, it is a bad idea. I don't care whether in this particular case GBPUSD would go up. TMS is a system for London Open and NY Open, and BigE knew exactly what he's doing.

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Nice!

Daytrading/scalping with high leverage - my proven strategy

So, why do you post here? You don't know how to trade TMS properly, you don't like TDI, why are you here? In case you don't know - it is a TDI-TMS thread. I'm not trying to be funny. People are here either because they want to learn how to trade TMS ...

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