Scalping on 1M Chart
trading 50 per trade taking 1-2 pips profit
trading 50 per trade taking 1-2 pips profit
5 Minute Momo Trade 42 replies
Spudfyre's Stochastic 5 Minute Trade 96 replies
1 minute, 1 trade (by O_s_a) 6 replies
Who is using one minute charts to trade? 71 replies
What is the best ADX period to trade on a 5 minute chart? 0 replies
DislikedIMHO adding (numerous) indicators to your chart will not make you a better trader. Mr. Tater Head's chart looks like it belongs in the "sick chart forum" and he would be one of the last people that I would want to take advice from.
You had a decent 'method' so just keep practicing and trying to make your winners larger than the losers. By the way, with a 60% to 70% win rate you could still make money even if your average loss is larger than the average win.
Best Regards.... keep the pips flowing !Ignored
DislikedHi fabreu,
I live in spain now as well,maybe we can go out for a beer and talk about pips
anyway,I trade with your method as I said and it seems fine so far.
I didn't load everything you posted and I only use the EMA,the DSS,MACD and RSI.I preffer to keep it simple.
They way I do it is to keep an eye on the EMA to see the cross and as soon as it does keep an eye on RSI and Macd .
RSI must be above 50 for a buy but not bigger that 68.for a sell smaller than 50 but not smaller than 32.you can set up the RSI adding 3 level lines to be easier(32,50,68)
hey...Ignored