My reasoning for using usdjpy was that when I do bad trades (which happens a lot), as it usually moves slower, I have more time to close the trade. I've been caught out a few time recently by eurjpy. I'll let you know how I get on. I'm finding your ...

Daytrading/scalping with high leverage - my proven strategy

Hi Bernardo Thanks for the analysis. Some very good points that I must try and remember Today I started trying the USDJPY instead. I caught the up move this morning. I think I may prefer this pair as it moves slower so I have more time to think. ...

Daytrading/scalping with high leverage - my proven strategy

Hi Clive I'll PM you later. It can definitely be a very good time to trade but not for me today Would be great if we can improve things Thanks RT

Daytrading/scalping with high leverage - my proven strategy

Very Bad trade for me this morning. I thought after the bad EU data formed a new low it would continue after bouncing back down off the TMA5 to the TMA15 Went to get ready for work, came back and it had completely reversed hitting my SL Obviously ...

Daytrading/scalping with high leverage - my proven strategy

i normally do only a few trades a day as i don't have the time. My main problem is that i close winners early and then don't close losers, letting them hit SL. If I can just get past this mentality then hopefully I'll be a lot more profitable ...

Daytrading/scalping with high leverage - my proven strategy

Tonny I think i'm going to abandon CT trades for the moment. I simply can't get them right. Out of my 6 trades today i've had 2 losers which were both CT trades. You've done well today, howmany trades in total BTW i'm based in London and have been ...

Daytrading/scalping with high leverage - my proven strategy

Hi Tonny I took the same EURJPY trade for 12 pips. tried 2 counter trend trades earlier. one for +10 and the other for -12. I can't seem to get the hang of CT trades. RT

Daytrading/scalping with high leverage - my proven strategy

Good morning Bernardo An excellent post, i see the pdf has been downloaded already 141 times. I have set up the M15 chart this morning using your template. Using the MAs really helps to see what is going on and make a more informed decision. So far ...

Daytrading/scalping with high leverage - my proven strategy

Hi Winner, I use pivots etc. If TMA1 over TMA5 happens and hits a resistance or support level the CT trades seem to have a higher probability of success. A good example of this happened a short time go on EURJPY but i missed it. Please let us know ...

Daytrading/scalping with high leverage - my proven strategy

Morning Bernardo Really nice chart. As I don't have a 2nd monitor i'm going to concentrate just on EURJPY. So when the 20MA is above the other 2 we look to buy and vice versa for sells?? This should be very useful for choosing trading direction with ...

Daytrading/scalping with high leverage - my proven strategy

Hi Bernardo Thank you - that would be very helpful

Daytrading/scalping with high leverage - my proven strategy

Hi Copperbot Very good! bet you wish it was a real account Are you using DNA's MM - 1% per pip

Daytrading/scalping with high leverage - my proven strategy

got it thanks

Daytrading/scalping with high leverage - my proven strategy

Hi Dumplin Eater pleae can you post the indi.............. is it just a variation of the zigzag one in MT4? cheers RT

Daytrading/scalping with high leverage - my proven strategy

Thanks for the info Bernardo I will try using the M15 with the 50EMA and see how it goes cheers RT

Daytrading/scalping with high leverage - my proven strategy

Well that went very badly for me. I stupidly took a long when it was still in the cloud (i know it's against the rules) i went to get a drink, came back and my SL had been hit -15 bad start to the day

Daytrading/scalping with high leverage - my proven strategy

Thanks for the explanation Bernardo My current setup is below. I use an iPad as I work during the day. At the moment I'm only taking longs if above the M5 cloud and fisher is blue and vice versa for shorts. It seems to have kept me out of a few bad ...

Daytrading/scalping with high leverage - my proven strategy

Hi Bernardo How's it going? This is exactly what I've been doing. I have also placed the fisher indi on M5 using a value of 50. What do you think is an appropriate setting for M5 as I'm just guessing? Thanks RT

Daytrading/scalping with high leverage - my proven strategy

Tok, I don't mean to be blunt but you are being very defeatist. Clearly people are having success with this system otherwise people would not be posting their trades and this thread would have died. I am still making some appalling trades but i'm ...

Daytrading/scalping with high leverage - my proven strategy

Morning all I took this through the clouds trade earlier. Thought there would be a small pullback and then continue up. Unfortunately didn't work out as it reversed. Out for -4

Daytrading/scalping with high leverage - my proven strategy