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Any USD/JPY 15 min trading systems? 2 replies

Trading Systems 8 replies

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The best 1 min trading systems?

  • Post# 1
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  • First Post: Oct 16, 2012 1:15am
  • pipsfan
    Joined Jan 2012 | 17 Posts | Status: Member
Please vote for the best 1 min trading system you have used so far. Thanks!
  • Post# 2
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  • Oct 16, 2012 1:39am
  • AmareX
    Joined Apr 2011 | 117 Posts | Status: Grid + Martingle = Margin Call !!
Coin Toss!!
" The fool who never traded Demo "
  • Post# 3
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  • Oct 16, 2012 11:31am
  • smikester ● Online
    Joined Mar 2007 | 5,490 Posts | Status: Owner of a long felt want
I will be starting a thread called the

"Perfect Powerful Super Simple Explosive Profit Maker"

It will make all other systems look putrid. I am also changing my name to

"Z Man XXXX"

Just do it on a 1 minute chart. Fantastic!
  • Post# 4
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  • Nov 9, 2012 11:46am
  • Emporia
    Joined Nov 2012 | 52 Posts | Status: Member
I would imagine if you are asking this question then perhaps a 1 minute system is not for you right now. Many of the patterns you will see on a 15 minute chart you will see on a 5 and 1 minute but the problem is trading it. Things happen so much quicker and for that reason you really need to know what you are doing! Perhaps you should look at something like constant range bars...
  • Post# 5
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  • Last Post: Nov 10, 2012 11:32pm
  • Eric D
    Joined May 2012 | 158 Posts | Status: Trading is an Art, and never easy..
Quoting pipsfan
Please vote for the best 1 min trading system you have used so far. Thanks!
I have traded the 1 minute time frame out of boredom in between my larger more "realistic" time frames trades, I personally like daily charts, of course it doesn't mean you should or should not, I have had success on the 1 minute for some time (and repeat, it is not my main focus) only within the London session and the very initial hours of the New York one (way before noon in EST) and even that changes over the days, you need to practice identifying volatility, I may warn you however it is pretty stressful and tiresome since staying in focus for that time frame and for the enough amount of time a day to get your share of the profits is troublesome, only you can decide if that suits you of course.

I must tell you however that you will need a pretty tight spreads broker (somewhere close to 1 pip for the majors, I can only trade the Euro successfully) and a very decent volatility range during the day, all of that besides the hawk-like attention, unfortunately I could not just recommend you any specific system as I believe there is no way you can adopt one, of course it is only my humble opinion, they say one is better off by staring on the higher time frames like dailies or 4 hourly, in a tiny 1 minute timeframe you might better have a sound method (that in case you continue on with it, you will end up developing yourself) with heavy confluence factors to trigger your setups and avoid the great amount of market noise, at least that was my case, and as other traders stated it, even it hasn't been long enough to tell you I have done it for years or to make a living.

Regards...
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