I've lost so many trades following the rules of this system, that its no wonder I am being defeatist. The rules just don't seem to work for me. Just did another "Below the cloud" trade and got stopped out for another 20 dollars. There is no way the ...

Daytrading/scalping with high leverage - my proven strategy

I understand what you are saying, but even if M1 is below the cloud, H1 green line has not confirmed the bigger picture trend, meaning we cannot enter. THat is the issue.

Daytrading/scalping with high leverage - my proven strategy

I understand price action, but you cannot follow the rules of this system, and succeed. They do not make any sense. By the time the system rules say to enter a trade, it is already too late to enter. I have never seen a situation with this system, ...

Daytrading/scalping with high leverage - my proven strategy

Yes. I have read over this many times. This system seems to lag behind the market so badly that finding an entry is next to impossible.

Daytrading/scalping with high leverage - my proven strategy

I have gone through babypips school and read over the pdf. I should reread the pdf again, as I Didn't really study it, as I should have.

Daytrading/scalping with high leverage - my proven strategy

Do all the rules stated in classic babon have to be in effect to enter a trade? Or just one of them? FOr instance, all of A, B, C, D, ect?

Daytrading/scalping with high leverage - my proven strategy

I just lost another 15 pips because I got stopped out. I work so hard, yet always fail. People say work hard and you'll be rewarded, but its the opposite for me. And I cant enter when its going from lower M5 to upper M5, because the it will be below ...

Daytrading/scalping with high leverage - my proven strategy

Yes there is... Pattern "TMA M1 beyond TMA M5/M15"

Daytrading/scalping with high leverage - my proven strategy

Just lost another 15 pips. This is so depressing. It seems like everyone else except for me gets the good entries... And If I get a good entry, the market will probably still find some way to make me lose anyway.

Daytrading/scalping with high leverage - my proven strategy

Just missed out on a 40 pip move because I followed this ridiculous "don't trade if M1 is above M5" rule.

Daytrading/scalping with high leverage - my proven strategy

This method is ridiculous... Literally every uptrend, M1 is outside of M5 and M15. Yet, the rules say this is going to result in a pullback and we shouldn't trade this. In that case, this method doesn't even provide enough entries to make it worth ...

Daytrading/scalping with high leverage - my proven strategy

It does not involve the yen. I read that you could use this system with any currency pair. Also, I always check H1 and H4 before going into M1. H1 has to agree, or else I don't enter. H4 can disagree, but if it does, ill stay in for a shorter time. ...

Daytrading/scalping with high leverage - my proven strategy

Ok, here is my most recent trade. Stopped out again at 15 pip SL.... As you can see, price was below the cloud, PA was trending down, I entered late on the trend, but I still followed all the rules, and entered on the second close. image

Daytrading/scalping with high leverage - my proven strategy

I will do so when I make my next mistake. ALso, I have a feeling that my commission may be causing trouble. I have to pay $15 on just shorting EUR/USD, using 2 lots, 1:500 leverage. What do you think? For scalping, it feels like too much maybe?

Daytrading/scalping with high leverage - my proven strategy

Sorry if my post seemed offensive, but I'm just so frustrated. I've been sitting here, for hours on end, doing everything perfectly, only to get screwed over every single time. And for everyone else, it seems nothing ever goes wrong.

Daytrading/scalping with high leverage - my proven strategy

I'm sorry, but even this updated system is rubbish and does not work at all. I've entered many perfect entries (according to the rules stated) on a demo account, and most of them have been stopped out (15 pip SL). This method is not accurate at all.

Daytrading/scalping with high leverage - my proven strategy