EUR/USD Scalp 1 min
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Thread: EUR/USD Scalp 1 min

  1. #1
    Is anyone else trading this manner? On the lookout for some dialogue. I trade mostly with RSI and divergence and search for retraces for approximately 5 pips after exhaustion. I turned 100K to 300K on demo in about a month at a half and now I'm trying it out on a real account with same outcomes with $4K. Take a peek at my own attachments. I'm making $150 to $200 daily in the $4K amount and will start compounding every $1K like demo. Any ideas to make it simpler if any are appreciated but I think that it's a watch for price action which makes this job up to now, rather than staring in lagging indiors.


  2. #2
    Glad to hear that somebody else is having success with this approach. I am still trading a demo account, but have no trouble generating net profits of $100/day trading only 1 deal.

    I am utilizing MetaTrader4, but use some indiors. I run ZigZag, Parabolic, and habit station indiors on the price chart. In addition, I possess the Willi %R, ADX/DMI, and Stochastic indiors.

    I use the station as my main analytic and observe the bad/ask tic chart for intrabar direction. Another indiors I use for affirmation of direction. I set a trailing stop in 15 ticks and typically get outside with a 5 tick profit or loss, unless there's a strong positive trend.

    Good on ya mate. GO BUCKS!!

    Steve

  3. #3
    Quote Originally Posted by ;
    Glad to hear somebody else is having success using this egy. I'm still trading a demo account, but have no trouble generating net profits of $100/day trading only 1 deal.

    I'm utilizing MetaTrader4, but use some different indiors. I conduct ZigZag, Parabolic, and custom channel indiors on the price chart. In addition, I possess the Willi %R, ADX/DMI, and Stochastic indiors.

    I use the channel as my primary analytic and observe the bad/ask tic chart for intrabar management. Another indiors I use for confirmation of leadership. I.. .
    Excellent. Glad to hear it's going well for you!

  4. #4
    EURUSD IS LOOKING BULLISH TOWARDS 1.30000 LEVEL....FIRMING UP

    Quote Originally Posted by ;
    Glad to hear someone else is having success using this approach. I'm still trading a demo account, but have no trouble generating net profits of $100/day trading only 1 deal.

    I'm utilizing MetaTrader4, but use some indiors. I run ZigZag, Parabolic, and habit channel indiors on the price chart. In addition, I have the Willi %R, ADX/DMI, and Stochastic indiors.

    I use the channel as my primary analytic and observe the bad/ask tic chart for intrabar management. Another indiors that I use for confirmation of direction. I.. .

  5. #5
    Very remarcable. Eur/usd, RSI, 1M, seek divergence.
    Made some homework using todays chart and it's full of divergences.
    Any critera for exit?

  6. #6
    Quote Originally Posted by ;
    Very remarcable. Eur/usd, RSI, 1M, seek divergence.
    Made some homework with todays chart and it is filled with divergences.
    Any critera for exit?
    I shoot for 5 pips and normally get about 10 trades each day. So I am looking for about 40-50 pips per day. Things move quickly on the 1 moment, so that I have a hard TP at 5 pips every time that I start a trade.

  7. #7
    Quote Originally Posted by ;
    I am using MetaTrader4, but use some indiors. I conduct ZigZag, Parabolic, and habit channel indiors on the price chart. In addition, I have the Willi %R, ADX/DMI, and Stochastic indiors.
    The Willi %R is identical to the Fast Stochastic %K line. Are you currently using a fast stochastics or slow? When it's fast, you do not need both it and Willi %R.

  8. #8
    Quote Originally Posted by ;
    I take for 5 pips and normally get about ten trades per day. So I am searching for approximately 40-50 pips per day. Things move quickly on the one moment, so that I have a hard TP at 5 pips every time that I start a trade.
    Hello Hoss thanks to share, are you currently utilizing rsi 14 ? (sorry but the screen shot is too small I can t see obviously)
    Due
    Luk

  9. #9
    Quote Originally Posted by ;
    Hello Hoss thanks to discuss, are you utilizing rsi 14 ? (sorry but the screen shot is too little I can not see obviously)
    Thanks
    Luk
    Hi there,

    utilizing RSI(8) with amounts set at 20 and 80. Had sixteen positive transactions today. The key is to wait till RSI is overbought/sold as price hits support/resistance. Better with divergence. I occasionally add to a position if price moves against me, but you have to be careful with that if it moves too much. As long as you have proper money management in place.

  10. #10
    Any opportunity posting a template along with a recap of those principles. Having a real hard time viewing your charts.

    thx,
    todd

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