Aggressive 1 minute FOREX Scalping Strategy ⛏️
Italy’s First-Quarter Slump Was Deeper Than Estimated at 5.3% By Bloomberg
Never knew forex is really profitable to this extent till I gave a it a trial
When in profit, trailing stop it! #TY #Tradegang There's a song about it on YouTube. Check it out.
I totally disagree. Scalping, as long as you know what you're doing, scalping allows for one to make 50+pips a day. 1m and 5m are my best friends📈📉💯😍 moving average at 200 bollinger band at 7 and alligator at 14….works just fine for me for scalping. MT4.
It would be more effectif with yesdeday high and low
Many thanks for this, seems a sensible strategy to use the open as an indicator of potential movement. Could you kindly offer some guidance with selection of which pair has highest probability please or maybe just drop a link on how to choose between the GBPs for the 8am open. Many thanks 👍
Forex is an excellent market for professional traders, where you can trade with tremendous ease of access. it takes lots of experience, practice,and trial and error to become successful in this market.
Is anybody still using this strategy? Granted this video is from 2017
When doing risk management should u go by your balance or the equity you have?
Hi what does it mean break high buy break low sell
Forex trading is accessible, exciting, educational, and offers traders lots of opportunities.
I don't get what is the actual strategy??
Is the entry the open / close of a candle above or below or just price going above / below?
Just backtested this strategy from January 1st 2020 – January 31st 2020 on AUDCAD and had 9 wins and 10 losses using a 1:2 risk to reward ratio on every trade. Used this strategy on New York session. Using my risk management system, would have been $2,000 in profit for the month from this pair alone.
hey guys, should i wait to the next hour candle to close and then go in the trade?
Thanks marking the high and low of opening session helps me see what the banks are doing as well as what other sellers and buyers are doing . Thanks 😊
What is the recommended SL for this strategy ?
EUR/USD, USD/CHF …Are these pairs for New York session ? Or is some of them for London session ? Just want to be sure.
Just finished backtesting this strategy with the GBPUSD pair, January 2020 since day 2 to 30. 214 Pips profit, but could do better if I didn't take trades against the trend and think a little bit more on stop losses.Always 50 pip take profit, aswell as 25 pip stop loss.52% Winrate, but Risk to Reward Ratio 1:2 always, so profitable.
My suggestions if you are working with this strategy is backtest it, try it on your demo account at least for a month, and use GBPUSD, EURUSD or/and EURGBP. Dont take trades against the trend, dont place stop losses just above or below market structure, and I think it's a profitable strategy.
Also, loss days are: 10, 15,16,17,20,24,27,28,29
Thank you for the inspiriation. I could not make this work.1. My drawdowns are really high. Had up to 50% when backtesting from 2017.2. Hard to even make a win. Even with parameter optimzation (Profit Target 175 ponts, Stop Loss = 2 * opening candle, some trailing) it makes not a lot vs the DAX.3. The strategy seems to have worked very well until middle of 2016 vs the DAX. From 2017 on it is a rollercoaster.4. My winpercentage was usually in the lower 40s.
for anyone wondering, this past trading week, 1/6/20-1/10/20 (GBPUSD) had a WIN, WIN, LOSS, WIN, LOSS. the total profit could have been more than 50 pips per win, but assume only 50 pips per trading day, so 150 pips profit, and technically speaking you could've had trailing stops and cut your losses neutral, but assume you had a 10 pip stop loss for a 20 pip loss = 130 pips net profit.
Sound strategy. Fits perfectly with what I've been learning about the volume happening on GBPUSA on the 4 hour chart! The trick is to gain confidence from other ways like MACD and know when to get out when it doesn't work. I'm getting there!
You looks like Pewdewpie..i thought Pewdewpie was trading ahahaha
I just leave my request what time we will entry and what time we will look for this strategy…
I am a beginner for forex.. Sir, please explain where we enter hour and where we get the profit in hour. Please explain sir.. I am awaiting your response… Thanking you sir…
Easy way of booking pips
Looking back at some charts using this I think 50 pips is too high, I agree with the comment by Gavin Lowry to set a lower TP, 20 to 30 pips give a much greater win loss ratio
So you wait for the 1st hour to close to get your range. Then do you wait another hour to confirm the breakout above or below?
It is okay to set the high and low by looking in the daily chart?
People in the comments are making things much more complicated than they have to be. Learn liquidity
worst strategy 🙁
Trading various currency pairs could be complicated at time that's why I always structure my trade under Joe's guidance, using his easy trade method I have always come out on top.
This strategy is the most simple for intraday…i already backtest with Gold but based on HL first 2hour daily open…TP 60 pips…from july-oct 2019…around 64%losing trade..its better with martiangle position sizing…it will return 5%per month
Old school strategy that still work it profetable in s&p
I wonder if this works with GBP/JPY? 🤔🤔🤔
Best "London Breakout" I have heard. Thank you.
50pips that's huge, like that
So what is “the variation of the strategy which is very successful ? “ minutes 3 of the video, please replay
The Forex market presents a gamut of opportunity for investors. However, in order to be successful, a currency trader must understand the basics behind currency movements.
This is a very unique approach! You have creative strategies!
Is day trading really profitable and how easy is it to implement it in trades?
Using ATR instead of just 50 pips regardless pair makes tons more sense.
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