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GilR replied Jun 8, 2013It all depends on % of account at risk versus the potential upside


Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 8, 2013Like I said Tonny --- you missed the point I am not here to fight you ......
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 8, 2013Tonny I think you missed the point.... I am sure you can do better than 4 pips, but are you making the 20 or 30 pips a day(which by the means nothing unless you divulge your stop and % of account at risk?) The person making 12 pips on 8 pip stop and ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Don't mind at all..... by asking questions we learn from each other
Firstly I think 99% of all traders would be happy with 5% per day but the vast majority do not. Most blow their account. Also the higher the % profit you expect also ...Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Anyway ..... a little more All the talk of 500%, 100%, 100 pips ....etc etc means nothing The first step as a serious trader is to formulated your objectives/goals and the vehicle to realize those goals. And it will be different for each one ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013I use 8 or 12 pip stop. On the USDJPY you would need 12, whereas EURUSD you can get by with 8. I tend to like my stop where possible behind the Kijun line. If I was a trader similar to Condor I would use that I think to also move my stop in ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Condor your trading style is more intraday with trades lasting several hours. My style is scalping where trades are usually less than 10 mins. I need volatility and the easiest way for me is knowing the range in real numbers is the high and low over ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013min 15 to 18 pips, but prefer over 20 Range is defined as the difference between Highest High and Lowest Low over 60 bars on 1min chart. Look for an indicator called "how_volatile" for mt4ave it on another computer. If you dont find it remind me ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013We shall stand firm and refuse to do that
On Monday don't trade until you have a good 60 min range! Have a good weekendDaytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Love that "pipsometer". Would be even better if had x and y direction to move it anywhere on chart - all my corners are taken

Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Another perfect setup and 9 pips image
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Cannot do that as some indicators and EA are specially made for me for MT5, BUT I have given details here url I use Favorite 1min template, but changed Babon slope(HULL) to 7 as I scalp and generally trade the TMA 1 min bands. Will go to TMA 5 min ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013I am starting to believe that Condor's target of 500% a week may not be altogether a pipe dream, especially the way pairs are moving last few days. Conservatively I cannot see that with selectivity and patience one could not aim for 50% or better a ...
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013Another 12 pips with my setup. This time price did not reach TMA 1 min so closed trade when retrace to TMA 5min image
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 7, 2013For me perfect setup and 12 pips which is 5% to account image
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 6, 2013Are you happy to enter before bar closes? If you had waited until bar closed would you still have taken trade considering it would be near bottom channels of TMA?
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 6, 2013Another classic setup for 18 pips USDJPY image
Daytrading/scalping with high leverage - my proven strategy
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GilR replied Jun 6, 2013Another two good setups on USDJPY for 16 pips each image
Daytrading/scalping with high leverage - my proven strategy