Aggressive 1 minute FOREX scalping strategy. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Actually a hyper-aggresive 1` minute fx scalping strategy utilising stochastics and a trend line. This strategy can be applied to the USD/JPY, GBP/USD (UK Pound/USD), EUR/USD, AUD/USD. The rules of this strategy are simple; you've got an uptrend on a 1 minute chart and you're buying the first oversold condition in the stochastic in that uptrend. You have to bear in mind you have to be very quick here; taking profits out at the first opportunity and you have to adjust your 'take profit' according to the prevalent ATR of the time period. What you are essentially doing is buying pullbacks on a trend on a very short timeframe and you're using the stochastics as a guide to get me in on that pullback. I like using an oscillator as a final filter.
Hi, thank you for sharing your awesome M1 strategy with Trend line and stochastic 14,3,1. I want to know further, do you also consider candle patterns for your entry and exit momentum or only based on the opposite signal of stochastic ? and where do you place the stop loss position. Kind regards.
I am using 5M, RSI 2 as my initial Oversold/Overbought indicator. I use Stochastics to confirm the entry for Oversold because sometimes Stochastics will show to wait a short time before I enter the trade. Then, I exit when RSI 2 is overbought. Again, I check my stochastics to see if stochastics agrees. IF Stochastics shows there may be more life in the trade, I push my stop loss far up.and I wait to exit until Stochastics crosses. In past week, I am getting more than an 80% win rate. Its been pretty amazing. Short, fast trades. Often just 40-60 pts. But the wins are adding up nicely.
Also if you are trading a pattern then remember that patterns don't last forever, hit it two or 3 times max depending on how early you spot the pattern. This does not apply to all asset classes and watch out for those stop hunts! Good luck, i'm fighting my way back from a big loss and holding steady but at the moment it seems impossible to gain further ground.
Strange time with the big forex markets at their pivot points!
Watch out for big sudden moves (also , check whats going on in the economic calendar).
Buy and sell the bottoms and or tops of these sudden big moves which can be anything from 30 seconds to 45 mins (or much longer if waiting for a weekend gap or adjustment gap) (if you can time it right). Perhaps start to wait for price to start coming back to where it just came from and watch price action, as price action slows the initial move is probably over, fast spiking will often signify the end of the sudden move and then it is time for price to bounce back. This can happen on any time scale but price action is the key to guessing the time scale.
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I do this often. Just need to check the overall range of the moves and make sure that the stock has sufficient range to cover your spread and manage the risk/reward well. USD/CAD the other day had some 150 Pip moves up that were making me lots of money in a true trend. up.
I have a big question about 1minute and 5 minutes charts. What is best, just having only that chart in your screen or considering the slower TF picture? Lot of times when in the 5min chart I have to give up because of the larger TF picture confusing what is happening in the quick moment. And opposite of course. Any suggestion about? or is it just subjective ? (like many other things in trading actually are).
Great video! Some might argue that it seems easy and all that, well trading doesnt have to be that hard. A strategy doesnt have to be super advanced to work, there are hundreds of strategies that work, it all comes down to your mentality and discipline.
Agree, the problem is, no strategy works all the time, every time. You need, more than anything be prepared for when it dosent, especially emotionaly. I created a strategy that was making consistently around 200 pounds a day. But a stupid mistake left me in a hard situation to go now.
How do I find price levels where the big guys/ institutions are interested in buying and selling? They don't think like retail traders, because they move the market. What could be a good strategy to find these hot spots and look for these big initial moves?
TIRapi1993 I would like this info as well. Saw a vid where the trader had the banks buy/sell arras on his chart and seemed pretty spot on so wud be good to have the info to avoid going against these areas in our trades!!!
If only trading was that easy. People anyone teaching you this crap really doesn't know how to trade and doesn't have a clue about actually trading the markets. All these scalping gurus have never made money in trading ever. I actually trade for real and its an insult to think its that easy to make money in forex.
Lool real trader because you have a lambo or a ferrari? Your videos provide 0 value, they are only boasting your pseudo success and marketing your course and signals. This man has over 200 educational videos with all subjects you can imagine being touched. What value do you provide with your channel and bot-bought comments? Provide value before being a assh0le, nobody cares if you are rich
I trade a morning Box on eur/usd. The "Box" is between 7-8 am gmt in the morning. Entry when price break that range - box, sl below/above box, tp 1:1 or 2:1 and couple of more rules on this strategy aswell. Reasonable mm and fire!
Trading stocks typically have the lowest fees on eToro, which is one reason why I recommend you stick to this market when starting out.
All trades charge both a spread and daily rollover fees.
It really comes down to individual trading strategies and preference. But to give you an idea, I tend to hold on to stocks for a minimum of 6 months and all other trades tend to have an average duration of about two-three weeks.
A final word on over-trading.
This is a point that I want to expand on a little more, specifically in relation to copying other traders. Below is a screenshot of my equity chart over six months. The red line shows the number of people copying me.
My equity vs copiers chart.
The same holds true for the stock market in general.
Long-term growth of UK stock market.
How to Start Trading Cryptocurrencies.
Cryptocurrency trading can be extremely profitable if you know what you are doing, but it can also lead to disaster. Even though most traders decide to either go with fiat or bitcoin, other cryptocurrencies can represent viable income sources, as long you as you tread carefully and understand what you are doing. This guide is for those who want to start getting involved in cryptocurrency trading.
Where to trade.