Very nice Condor! Good to see more proof that the method can be very profitable if executed properly. Thanks!

Daytrading/scalping with high leverage - my proven strategy

Hi DNA, I won't try to guess what hedging he uses but I was thinking about doing something similar using your large-stop method. For example, if you get into a trade & it doesn't hit your target, moves about 20 pips away & you think it may take a ...

Daytrading/scalping with high leverage - my proven strategy

Very nice George!

Daytrading/scalping with high leverage - my proven strategy

It will look considerably different if you add all 8 currencies. If you have only the 2 on your chart, they will always be a mirror image of each other. Serves no purpose. More currencies gives a strength showing in relation to all currencies & not ...

Daytrading/scalping with high leverage - my proven strategy

50 EMA? Only take buy signals if above 50 EMA. Only take sell signals if below 50 EMA.

Daytrading/scalping with high leverage - my proven strategy

Thanks for the advice. You're probably right. Going for 8 is too much of a move where 3 pips could get hit just with "noise".

Daytrading/scalping with high leverage - my proven strategy

Very nice DNA! We're both wishing this was a real $1000 account about now :-) It shows the possibilities of a small account though you wouldn't want to hold positions over the weekend with a small account. Imagine the margin call if it went against ...

Daytrading/scalping with high leverage - my proven strategy

Newbies need to be warned? If they jump on everything they read on some website they deserve to blow their account. At least with this method they can start with $100. It'll be a good learning experience. $100 well spent.

Daytrading/scalping with high leverage - my proven strategy

Click on "here" in blue on his post & it takes you to the post that has the currency strength meter labeled as "1000 pips Mini.mq4"

Daytrading/scalping with high leverage - my proven strategy

I hope you're joking about impacting the market. Even a $100K account would still be a minnow swimming with sharks & whales :-)

Daytrading/scalping with high leverage - my proven strategy

Please read previous posts in this thread. He's explained it quite well.

Daytrading/scalping with high leverage - my proven strategy

Put the ATR indicator on a 60 minute chart. Whatever the value is, take that # times 2.5 and use that as your stop-loss.

Simple 5 / 8 moving average crossover

Many (including myself at first) think that this method will eventually blow up the account in the long run. If you had a few rules in your method, I think this method could work. Example: 1-Trade only in direction of daily, 60M & 15M trend (can use ...

Daytrading/scalping with high leverage - my proven strategy

A few posts ago you mentioned you were finished. If all you want to do is try to discredit this method, why not just move on & make loads of money trading your method?

Daytrading/scalping with high leverage - my proven strategy

Thanks dnabrasil for posting your methods. It's too bad others are jumping all over you & your method. If they think it's crazy, they could just stop reading & move on. I've been reading since the begining & while I think it seems the method may not ...

Daytrading/scalping with high leverage - my proven strategy

I'm studying here too. Thanks C-12 & other traders. I recently read an article from a profitable trader that wanted to show that moving a stop to BE is a bad idea. He took 4 novice traders & had them place several trades. They took the trades moving ...

C-12's Supply, Demand and PA thread

Hi Ping-Ping, I attached a pivot point indicator. You will need to input the correct # to match your time zone. If in US time zone, enter 7. Watch the pivots for intraday trading. They can act as turning points as other traders watch them.

james16 Chart Thread

Great educational thread. As for the decision as to when to take profits, I've mostly been studying the past 18 months & not trading so my opinion is to take profits in 3 parts. For scalping might be take 1/3 off @ 6 pips, 1/3 off @ 12 pips & let ...

C-12's Supply, Demand and PA thread

I use Interactive Brokers for futures, stocks & options (on futures & stocks). I use Oanda for forex. Low transaction costs on Interactive Brokers for stocks, futures & options. They allow forex trading also but costs are too high.

james16 Chart Thread

Sorry if a little off topic (forex) for most, for anyone that trades equities & futures off long-term charts, does anyone have an opinion of coffee? I started a small position yesterday & added today. I'm looking at a multi-year chart as my ...

james16 Chart Thread