I watch all the 28 major pairs but most times but it is very distracting, and this is why you see me sometimes enter trades slightly late. I have decided of late to match currencies on opposite sides of the LCSM and trade the ones that align with my ...

Daytrading/scalping with high leverage - my proven strategy

A better option to have traded today

Daytrading/scalping with high leverage - my proven strategy

It is not the same, and I think I found it at "The Amazing Magic of 3MW of now" thread.

Daytrading/scalping with high leverage - my proven strategy

Quick observation before I go - see how price began to move as M1 TMA moved beyond the Cloud. I saw this possibility but since nobody can guess what the market will do in response to Draghi's speech, I thought it wise to close the trade. Price is ...

Daytrading/scalping with high leverage - my proven strategy

Closed trade for few pips as PA was not impressive - better be safe than sorry. LCSM showed both currencies as weak; therefore no surprise @ price action. I will continue to watch PA on M5 TF for direction. It's Monday, and I'm going for snooze ...

Daytrading/scalping with high leverage - my proven strategy

PA now inside Cloud on M5 TF; therefore I am short again

Daytrading/scalping with high leverage - my proven strategy

Yes thanks Mikhail wherever you are NB I took this CT trade for several reasons: Like Favorite said, M1 TMA beyond M5 & M15 TMA will call for stronger pullback We had divergence with an apparent failure of the W/M pattern (additional pattern I ...

Daytrading/scalping with high leverage - my proven strategy

Good morning Baccarat: Yes I use the LCSM, and match currencies on opposite sides of the central line as you rightly mentioned, and then trade ONLY those in agreement with our setup. Shalom George

Daytrading/scalping with high leverage - my proven strategy

I am a visual person and use the attached indicators to highlight the H1 candle on the M1 chart, and the H4 candle on the M5 chart as shown in the enclosed EJ chart, in case anybody finds it useful too. It helps to confirm the HTF trend without ...

Daytrading/scalping with high leverage - my proven strategy

No problem JMF. Will take a look @ the Babon Candle indicator you posted, and thanks. If you want the candles to show properly on the Cloud, then load the Ichi Cloud before the candle is placed on the chart.

Daytrading/scalping with high leverage - my proven strategy

Hey Mike, This again is for you wherever you are. A bit of patience, discipline and diligence is all it requires. Have good and blessed week end everybody, and see you next week. Shalom

Daytrading/scalping with high leverage - my proven strategy

Very true, and again today is Friday with NFP report in the offering. Sometimes I avoid trading on a day like this, thinking it will be choppy until the US session when the report is released and that day, the market will be smooth with great ...

Daytrading/scalping with high leverage - my proven strategy

Quick comment on my EJ short - entry was a bit off, and price did move against me by 17 pips but almost at my entry price now. Need to improve on that. I was distracted and took the trade at the lower band of the M5 TMA, which is a very bad entry ...

Daytrading/scalping with high leverage - my proven strategy

Good morning, and here we go again. Good pip to all Shalom

Daytrading/scalping with high leverage - my proven strategy

Hey Mike, This is for you wherever you are; God bless you and take care. Just woke up and took this GU short for a quick 10 pips (in 3 minutes) I'm done for the day and will be back to see what the market does during the Asian session. Shalom ...

Daytrading/scalping with high leverage - my proven strategy

Hi Guys & Gals, There is a cool advance Zig Zag indicator that I will suggest everyone (especially experienced traders) take a good look at, and play with it, to see how it can be useful in your trading. GBP news in 5 minutes. Good trading to all ...

Daytrading/scalping with high leverage - my proven strategy

Can any kind hearted coder please help with the alert on the linear currency strength meter? It currently alerts ONLY on cross of the pair the indicator is placed on, even when all 8 currencies are selected; but would rather have an audible alert ...

Daytrading/scalping with high leverage - my proven strategy