Hey Condor - sorry to hear about your recent losses - it's tough out there this week. How do you get the Kumo Histo breakout to work on a different TF. It doesn't matter what timeframe I enter in the settings it always defaults back to current ...

Daytrading/scalping with high leverage - my proven strategy

As Condor commented earlier, the key is to making these systems your own - there is no such things as a plug and play, because we all trade differently. Having said that, this is how I am using Igor's system. I use Condors template (which you can ...

Daytrading/scalping with high leverage - my proven strategy

I totally agree - I am using Igor's at the moment - it's nice and straight forward. I factor in Pivots S&R, previous week/day highs & lows and I want to see good PA. The sweetest trades have been using Igor's system to enter into longer term trades, ...

Daytrading/scalping with high leverage - my proven strategy

Sometimes, it depends on how I am feeling. If the trend is clear and I'm in a good disciplened state of mind (like today), then I do. I traded 1% per pip, when Favorite first opened up his system, had a great few days, and then a few loses killed ...

Daytrading/scalping with high leverage - my proven strategy

I've had 27 pips off EJ, along with AU and EU trades.

Daytrading/scalping with high leverage - my proven strategy

Yea - unfortunately that's the repainting of the TMA - it looks like that after the move. I would post some live charts, but I don't trade using MT4 - I only use it for charting, and place trades on another system. It can all become a bit confusing ...

Daytrading/scalping with high leverage - my proven strategy

Hope you don't mind me repsonding. I've been using Igor's system for a while now and you are right. I think that's why Condor says he doesn't use TMA for entrance (not that I'm trying to speak for him!). I pretty much only use TMA for setting my ...

Daytrading/scalping with high leverage - my proven strategy

I had the same on my GU trade - it closed off for 28 pips which is fine (probably trailed too close), but the news spike would have taken it to R2, which was my TP. Still, pips is pips and I'm learning not to chase loses (or missed opportunities)

Genesis Matrix Trading

The stox say no to me. EDIT: But then again, I'm no expert!!

Genesis Matrix Trading

Long GU - SL at BE +1 before news. image Edit: SL now just below R1 and PDH

Genesis Matrix Trading

I would say the move up to the left was a significant size. Considering that, I personally would have wanted the H1 ASCTrend to have turned red to confirm that move was over. Just my opinion though fwiw

Genesis Matrix Trading

Thanks - I suspected it was a case of 'each case differs'.

Genesis Matrix Trading

RJ, on that note how far are you looking for PA to go through (or bounce from) S/R before you consider it broken (respected) - or do you wait for a retest? Thanks

Genesis Matrix Trading

Thanks RJ - I appreciate the clarification.

Genesis Matrix Trading

Hi RJ - medium term lurker here. I was wondering if you could describe how you see the difference between a bias and trading with the trend? I completely agree that expectations and predications are not helpful, but to me identifying a trend is the ...

Genesis Matrix Trading

mmaker - I don't understand the correlation you made between German data impact on EU and EJ in relation to GU and AU. Please could you expand a little? Thanks

Ramblings of a Forex Junkie

Following Chris's advice to understand the market structure etc, I've been digging around and reading and came across this. url (apologies if I'm not supposed to link to it). I haven't been through it all, its a bit of a dummies guide and written ...

Ramblings of a Forex Junkie

Likewise - was long EU from Daily Open, but the news spike took out my SL by a few pips .

Ramblings of a Forex Junkie

Devil Yell. Absolutely they are not exclusive. Someone can have both traits in a given context. I suspect traders who are both 'away from' and 'toward', exercise patience, wait for the right setup but are not afraid to let it run for the big win. As ...

Ramblings of a Forex Junkie

TBH - I'm not quite sure whether we are agreeing or not. I will say this though - I have only ever had a true test of a method/strategy when I have used real money of a decent size on a real account. And I have lost more than I have won. It is a ...

Ramblings of a Forex Junkie