I made some bad trades yesterday due to my own fault not the systems but ended the day at +10 pips. Here are my 3 trades for today net +23 pips. IMF and G20 meetings today so trade responsibly and use SL or Lock on all your trades. We may see some ...

Daytrading/scalping with high leverage - my proven strategy

Hi erasmus66, what you are suggesting is a totally different trading system than what it is being discussed here. Fxpivots has done extensive back testing of this system and has shown live trades since 0ctober 2011. The method simply works as is. ...

The 5 minute TF S&R trading system

Hi Favorite, I just wanted to thank you for all your hard work, sharing and teaching you have done in this thread. I took 4 trades today, all winners +35 pips. Your post # 2,326 is EPIC. Please check your pm.

Daytrading/scalping with high leverage - my proven strategy

I guess the big money is waiting for Draghi speech at 9:00 am.

The 5 minute TF S&R trading system

Possible 73 for a short if this pattern holds. Edit: I am in this trade; looks like 80 is providing good resistance against the move up. Edit: I am in damage control mode. Edit: Out at -5 pips.

The 5 minute TF S&R trading system

Hi erasmus66, we are currently in an uptrend so look for possible longs unless we get a reversal signal. There are other systems that would take a short around the area you have mentioned. I am new to trading this system, it is my humble opinion ...

The 5 minute TF S&R trading system

Lets see if 1.31117 develops. Edit: I am in moved SL to +2. Edit: TP hit, thanks fxpivots.

The 5 minute TF S&R trading system

My short bias at 97 nixed and am looking at the same thing as you fxpivots.

The 5 minute TF S&R trading system

I am looking @ 97.

The 5 minute TF S&R trading system

Sorry I am not fx. He is on a different level, I am still learning everyday.

The 5 minute TF S&R trading system

Hi AndyC, your level doesn't have anything to do with the system traded here. But there are systems that would take a trade at your mentioned level. We are in a downtrend currently so we are looking for a short trade unless we get a trend reversal ...

The 5 minute TF S&R trading system

Yes, nothing beats live Price action watching.

The 5 minute TF S&R trading system

I took a short @ 82 based on my platform fxpivots.

The 5 minute TF S&R trading system

Hi AndyC, BOJ's Kuroda was talking about fx rates not a target of monetary policy.

The 5 minute TF S&R trading system

Hi erasmus66, your setups seems to be legit. Keep in mind that the recommended trade time is from 7 to 11 US Eastern time. We also don't trade 30 minutes prior to big news. The problem with back testing is that when you look at old data you don't ...

The 5 minute TF S&R trading system

It is great pleasure learning from you Favorite so your insights are most welcomed. I am out for the next few hours and will be back later. Iamfx is correct, I did bend the rules.

Daytrading/scalping with high leverage - my proven strategy

My SL is when price goes over the cloud in the opposite direction with good momentum. Between 12 to 15 pips in general. I try to take signals as near the cloud if it follows the rules so my SL would be small. You are right, I did lose sight of the ...

Daytrading/scalping with high leverage - my proven strategy

Thanks for your comment Simonik. My stop might be too tight and your suggestion to put it at the original H is a great idea.

Daytrading/scalping with high leverage - my proven strategy

As I was posting, missed this short trade which was a winner.

Daytrading/scalping with high leverage - my proven strategy

Followed by a long trade on green vertical line and SL got hit. By the way had a great day yesterday trading this system.

Daytrading/scalping with high leverage - my proven strategy