CHFJPY short trade - waited for break of both prior H4 low and then the DPV before entry Have a great week end all, and God bless Shalom George

Daytrading/scalping with high leverage - my proven strategy

Pretorian, I do not have rules and this is why I did not start any thread even when I was asked to start one. And nobody needs to comment on my charts and posts if it is not beneficial to them unless of course the person wants to correct something I ...

Daytrading/scalping with high leverage - my proven strategy

Let me borrow this definition of PA from my former instructor, Gary Price Action is defined by the cadence or the dance of a currency pair’s price. Each currency pair will have its own personality or rhythm. It will use support or resistance as the ...

Daytrading/scalping with high leverage - my proven strategy

The rules are never cast in stone; we just have to watch the dance of price action as it determines the entry. It's the same thing about CT trade - I don't want to trade it but sometimes it is just screaming take me, take me because of price failure ...

Daytrading/scalping with high leverage - my proven strategy

Hi Pretorian, Yes we can and should. I have no set rules, I just have guiding rules for setup and structure - the rest is left to the discretion and experience of each trader. See post 7083 and note this extract from the bottom of post 7145 - NB ...

Daytrading/scalping with high leverage - my proven strategy

Hi Flaviu, Unfortunately it is a proprietary indicator but we have a lot of similar free ones on FF and I think I posted link to one on this thread before. I will try to look for it and re-post it but have to go now. Check this out but I'm still ...

Daytrading/scalping with high leverage - my proven strategy

That's the life of a trader Activities in the house for those going to school and work or appointment will naturally wake me up in the morning, and I use the opportunity for my breakfast and to review what the market is doing, especially when I ...

Daytrading/scalping with high leverage - my proven strategy

Now I understand you I don't call that a pullback - the move against the dominant trend is the pullback and resumption of the trend is the rally. Yes that support needed to be broken for price to continue its downtrend but the most important ...

Daytrading/scalping with high leverage - my proven strategy

Hey JM, We're still waiting for the great signal indicator

Daytrading/scalping with high leverage - my proven strategy

Just enough to move trade to break even and into profit. Stop on trade was 15 pips and trailing stop was 17.5 pips

Daytrading/scalping with high leverage - my proven strategy

Hi Pretorian, I'm not smart enough to answer your question but let me attempt and the senior members can please correct me ... I don't see a double top/bottom pattern here. Double top/bottom patterns are reversal patterns when price is going up as ...

Daytrading/scalping with high leverage - my proven strategy

I am now short EU with SL @ 3674. I have a trailing stop too with my PT @ 3600. I am going for a snooze

Daytrading/scalping with high leverage - my proven strategy

Update to the EU short setup - a lesson in patience and discipline Price did pierce my 3669 level HTF Stox supported a short trade But M5 Stox was @ extreme OS and No new candle opened below the candle that pierced my entry/interest point This is ...

Daytrading/scalping with high leverage - my proven strategy

Yes I do and it does not matter whether there is space between the lines or not but ..... if the H1 is OS/OB and no space between the lines, I look @ M30 for clarity - a pullback and resumption in the direction of that H1. It is a sign of strong ...

Daytrading/scalping with high leverage - my proven strategy

Silver finally broke the HOD but it is no longer a HPT for me with H1 Stox reluctant to support the trade; R2 waiting for price and M5 Stox @ extreme OB. Will like a good retracement before entry.

Daytrading/scalping with high leverage - my proven strategy

I agree with you and will be looking at both of them in addition to others I am watching. I have another platform/screen that shows 12 pairs I am watching but without the Stox. GJ is still a pullback for me as I will not take the 1st break but will ...

Daytrading/scalping with high leverage - my proven strategy

What do you see on this chart?? I see a potential short trade setting up: MA Ribbon determines my trend PA determines my entry when it recycles into the Ribbon We have what looks like a bullish H4 engulfing but it is a dummy being sold to retail ...

Daytrading/scalping with high leverage - my proven strategy

Yes Icerock - it can be. Trading is a game of probability and we have to anticipate the anticipation of others and be ahead of the crowd

Daytrading/scalping with high leverage - my proven strategy

Good morning all Hard getting up this morning . It is difficult being 8 hours behind London and trying to trade this session but let's see what we've got here. I was looking @ Silver long trade but H1 Stox prevented me from entering, and ...

Daytrading/scalping with high leverage - my proven strategy

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Daytrading/scalping with high leverage - my proven strategy