I think it is the right setup, but it is not the best setup.

Daytrading/scalping with high leverage - my proven strategy

lastingwell, I agree with ECO that in this case only forward-testing makes sense. I never backtested anything using TMAtrue, but a couple of my friends tried, and they say that TMAtrue stinks (Pardon my French! ).

Daytrading/scalping with high leverage - my proven strategy

Yes, I totally agree! It is just not the very best day for starting the forward testing, with Holiday and so on, but we all can work on it starting Monday.

Daytrading/scalping with high leverage - my proven strategy

As we can see, TMA M5 was sloping down, then it became horizontal, it's one of the cases I was talking about when we can't rely on the history. I would like to see more examples with TMA M5 changing it's slope from up to down and vice versa because ...

Daytrading/scalping with high leverage - my proven strategy

ECO, you've made a very good point and I really appreciate your concern! I recommended two M1 patterns ("TMA M1 beyond the Ichimoku cloud" and "TMA M1 beyond TMA M5/M15") because I've seen these patterns LIVE hundreds of times, and I saw that they ...

Daytrading/scalping with high leverage - my proven strategy

Yes, I'm! And we all are! Thank you, George! And the same to you too!

Daytrading/scalping with high leverage - my proven strategy

Joanna, I'm very glad to hear it, thank you so very much! And Happy Easter to you too!

Daytrading/scalping with high leverage - my proven strategy

Well done! Yes, those wives just don't get it! And thank you, jsf! Happy holidays to you too!

Daytrading/scalping with high leverage - my proven strategy

srt, thank you so very much! Very good picture and a very good explanation, that's exactly what I thought after your previous post but I wanted to make sure that I got it right. Thanks again!

Daytrading/scalping with high leverage - my proven strategy

srt, thank you so very much! See? I knew together we could make Babon even better! srt, can you please show some pictures? I'm planning to create a RTF-file that would describe the whole Babon-system with all the rules and the patterns, so I want to ...

Daytrading/scalping with high leverage - my proven strategy

capstone, it is not my thread, it is DNA's thread, and we all agreed that we'd show here our trades in DNA-style! The system doesn't matter! The chart/template doesn't matter! What is important - that your trade is really in DNA-style! It is not ...

Daytrading/scalping with high leverage - my proven strategy

Very nicely done, jsf! And GBPJPY is a very good currency to trade "Babon" too! Maybe it is even better than EURJPY!

Daytrading/scalping with high leverage - my proven strategy

Thank you, jsf, it is very nice of you! I decided to stick with the original TMA because I knew that it was created by a very good programmer (mladen from TSD-forum) and it was created by ONE programmer! As far as I understand FastTMA is practically ...

Daytrading/scalping with high leverage - my proven strategy

Jeff, you're absolutely right, that's why now I tried to make it as simple as possible and I think I've made it! Trading dax is a very good idea, and I think in the future we all will be able to find exactly what we want, including even the metals. ...

Daytrading/scalping with high leverage - my proven strategy

Yes, that's a very good point!

Daytrading/scalping with high leverage - my proven strategy

Speaking of the opportunities... I'm done for today, but EURJPY had several good entries too. Nice "TMA M1 beyond the Ichimoku cloud" pattern...

Daytrading/scalping with high leverage - my proven strategy

Good for you, Jeff! Just imagine our trading in the future, with the new Dashboard! I just can't wait!

Daytrading/scalping with high leverage - my proven strategy

Thank you, Pipsninja! Yes, the time of the day is important! But there is a good news: Paul (Mr C) is working on the Dashboard, when we have Dashboard it will be much easier to watch 8-10 different currencies and we'll have much more opportunities ...

Daytrading/scalping with high leverage - my proven strategy