DNA, I'm glad you started discussing this subject. With our MM it is extremely important not to be greedy. I think 30% per day is a very fine and at the same time a very reasonable goal.

Daytrading/scalping with high leverage - my proven strategy

Yes, my broker is GMT, and there is 2 hours' difference with Jeff's time. But of course it doesn't matter! YES, INDEED!

Daytrading/scalping with high leverage - my proven strategy

jeff75, that's a very good trade! I was trading another system at this time, but if I were trading Babon, I would enter exactly where you entered and I would exit exactly like you, after a long candle.

Daytrading/scalping with high leverage - my proven strategy

Yes, jeff75, you're correct! And if you wait to exit until the color changes you would give up most of your profits.

Daytrading/scalping with high leverage - my proven strategy

+14 pips. It was very fast! I'm not sure, maybe that would be enough for today (of course, I mean only DNA-style trading). I already made 52 pips today, I trade mostly EURJPY and in three hours BOJ's governor will be speaking, then in a little ...

Daytrading/scalping with high leverage - my proven strategy

Oh, come on, perfectgrim, be nice! FF gives the topicstarters the right to edit the first post at any time, some topicstarters create in the first post some kind of a little Index where they show the links to the most important posts. Very ...

Daytrading/scalping with high leverage - my proven strategy

baccarat, I keep getting PM's asking how I exit. I could explain in details (it is not only about Babon, momentum etc.), but the problem is - I have one template for entering (I already posted it) and another template for exiting, and this second ...

Daytrading/scalping with high leverage - my proven strategy

3 trades, +38 pips.

Daytrading/scalping with high leverage - my proven strategy

Yes, DNA, 9, 26, 52.

Daytrading/scalping with high leverage - my proven strategy

Sure! Any time!

Daytrading/scalping with high leverage - my proven strategy

Well, that's something Nuby and the Nuby-wannabees should think about!

Daytrading/scalping with high leverage - my proven strategy

Nice, condor! Frankly speaking I don't like USDJPY, never traded it, but you handle it just fine, maybe I should try USDJPY too.

Daytrading/scalping with high leverage - my proven strategy

The system you're talking about evolved into two excellent M1 systems. These two systems are my main systems, I trade them very successfully on my main account, day in and day out. That's the most I can say about that because I created those two ...

Daytrading/scalping with high leverage - my proven strategy

Sure! Unfortunately I'm not sure whether the noobie can follow it successfully. The simple rule: I trade M1, mostly EURJPY, I buy when the Babon becomes blue (the second candle) and the price is above the Ichimoku Cloud. That sounds very simple, but ...

Daytrading/scalping with high leverage - my proven strategy

Very nicely done, Forexcube! I'm sure I'm not the only one who would like to hear more about your rules, indicators, MM.

Daytrading/scalping with high leverage - my proven strategy

fugio, you've made a very good point, but I look at that from a different point of view: Why should we explain anything to somebody who doesn't trade himself?

Daytrading/scalping with high leverage - my proven strategy

+16 pips. Doubled the account today.

Daytrading/scalping with high leverage - my proven strategy

As a matter of fact, I use locks instead of stop-losses, and when I say "30 pips stop-loss" I say it because I don't want to start here a discussion "stop-losses vs locks".

Daytrading/scalping with high leverage - my proven strategy

I'm not George, but since you use Babon I can explain. I suggested Babon with settings 10 for M1. Babon is a very accurate indicator, it needs different settings for different timeframes. For example when I was trading M15, I was using settings from ...

Daytrading/scalping with high leverage - my proven strategy

George, you are absolutely right! Thank you for everything you've done and good luck!

Daytrading/scalping with high leverage - my proven strategy