• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 1:29am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 1:29am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Indicators and Rules for Simple Method of Scalping GBP/Jpy on 5 min chart 18 replies

EA - "Simple Method of Scalping on 5 min chart , especially GBP/JPY - by Imran Sait" 36 replies

bo7a method... method for GBP/JPY 205 replies

Help adding a filter to the Freebie Indicator 3 replies

15 min indicator on 5 min chart 3 replies

  • Trading Systems
  • /
  • Reply to Thread
  • Subscribe
  • 365
Attachments: Freebie 1 min trading method
Exit Attachments

Freebie 1 min trading method

  • Last Post
  •  
  • Page 1 23456 61
  • Page 1 234 61
  •  
  • Post #1
  • Quote
  • First Post: Jan 29, 2012 6:01pm Jan 29, 2012 6:01pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
I have been trading forex for 9 years, and my favorite time frame is the 1 min
  • Post #2
  • Quote
  • Jan 29, 2012 6:01pm Jan 29, 2012 6:01pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
I will post indicators and a template on Monday
 
 
  • Post #3
  • Quote
  • Jan 29, 2012 6:23pm Jan 29, 2012 6:23pm
  •  iono
  • | Joined Sep 2009 | Status: PipMaker | 197 Posts
Sounds good, I look forward to this as I have found trading in the one minute time frame to be to nerve racking for me
Never been vouched
 
 
  • Post #4
  • Quote
  • Jan 29, 2012 7:18pm Jan 29, 2012 7:18pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
@ iono, if 1 min trades last for 20 to 45 minutes. understand how it can be nerveracking. If you watch a 15 min chart reversals happen pretty regular every 45 minutes. Trade the 1 min on these reversals and you are golden

Most people think trading the 1 min charts happens so quickly that you dont have time to think, but just watch the 1 min charts for a while and you will see that 1 min swings last for longer than you would think. You just need a good setup to get into the swings with a small stop loss.

Charts to follow
 
 
  • Post #5
  • Quote
  • Jan 29, 2012 7:28pm Jan 29, 2012 7:28pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
I have a unique way of looking at the markets, especially forex, which is 1 of the best trending vehicles you can trade. All you need to do is learn how to find a trend and then trade the heck out of it in the direction of a higher time frame.

If you will indulge me for a few months and pay attention to what I am trying to tell you, you will have an advantage that will be yours for many years to come.

HH
 
 
  • Post #6
  • Quote
  • Jan 29, 2012 7:42pm Jan 29, 2012 7:42pm
  •  Sarythsaya
  • | Joined Jul 2010 | Status: Building Edge SandwEdges | 314 Posts
[quote=hharrington;5336559]I have a unique way of looking at the markets, especially forex, which is 1 of the best trending vehicles you can trade. All you need to do is learn how to find a trend and then trade the heck out of it in the direction of a higher time frame.



I am trading the 1min at the moment in the direction of the larger trend - and the biggest issue i see is waiting for a large enough pullback before entry. What i will be interested in is seeing how you determine the best levels at which to trade reversals back into the larger trend.
Enter Signature
 
 
  • Post #7
  • Quote
  • Jan 29, 2012 8:28pm Jan 29, 2012 8:28pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
First lesson is we need to know the direction of the 15 min

I am convinced that Heiken ashi smoothed indicators give you a distinct advantage in finding direction on any time frame
Attached Image (click to enlarge)
Click to Enlarge

Name: visually pleasing 15 min chart.gif
Size: 54 KB
 
3
  • Post #8
  • Quote
  • Jan 29, 2012 8:32pm Jan 29, 2012 8:32pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
Trading is all about finding a setup that fits your eye visually. Trading is a visual game with lots of help from indicators, and they do work very well if you put the correct indicators with the correct time frames.
 
2
  • Post #9
  • Quote
  • Jan 29, 2012 8:41pm Jan 29, 2012 8:41pm
  •  Sarythsaya
  • | Joined Jul 2010 | Status: Building Edge SandwEdges | 314 Posts
Am i correct to suggest that you would not have taken the first setup as the chart was still in a downtrend at that time?
Enter Signature
 
 
  • Post #10
  • Quote
  • Jan 29, 2012 8:44pm Jan 29, 2012 8:44pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
You are not correct in assuming anything at the moment, since I have not finished showing you my setup. Be patient, trading is a waiting game for the right opportunity.

HH
 
1
  • Post #11
  • Quote
  • Jan 29, 2012 8:47pm Jan 29, 2012 8:47pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
I would like to set your minds at ease, this is not a prelude to selling something, or giving you bits and pieces and then requiring you to join a paid subscription to find out the meat of the system. It is going to be a piece by piece information on a very profitable short term trading method that I have been using for years, and have been fortunate enough to add bits and pieces to it to make it a very easy method to trade.

HH
 
 
  • Post #12
  • Quote
  • Jan 29, 2012 8:50pm Jan 29, 2012 8:50pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
The next thing that is of paramount importance, is to find a daily average indicator that is fairly accurate. We are only going to trade pairs that average more than 100 pips a day.
 
1
  • Post #13
  • Quote
  • Jan 29, 2012 9:04pm Jan 29, 2012 9:04pm
  •  LuckyLefty
  • | Joined Jan 2012 | Status: Member | 25 Posts
Keep going my friend, I like what I see. I've heard that the 1min chart is career suicide over and over again so I'm interested to see what you work with.

I have already learned something new just by viewing your chart you showed above.
 
1
  • Post #14
  • Quote
  • Jan 29, 2012 9:10pm Jan 29, 2012 9:10pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
I want to caution anyone who reads this thread, I am not going to answer stupid questions, or go over anything again.
If you want to learn something from this thread read it and go over it until you understand it.
I will give all the information to you a bit at a time and if you pay attention you will be able to trade any time frame that you wish to trade, the emphasis being put on the 1 min time frame. If you pay attention you can adjust a few indicators and trade this method on any time frame.
 
 
  • Post #15
  • Quote
  • Jan 29, 2012 9:20pm Jan 29, 2012 9:20pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
Thanks for the kind word Lefty
 
 
  • Post #16
  • Quote
  • Jan 29, 2012 9:26pm Jan 29, 2012 9:26pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
As i mentioned before I look at the market differently than most of the guru's that profess to be teachers.

For the 5 min to change direction the 1 has to change first, and for the 15 to change direction the 1 and the 5 have to change first. Most of the gurus that teach forex preach from the top down in trading, example, watch the 4 hr to trade the 1 hr....

What I am looking for is a 1 min trade to turn into a 5 min trade, and a 5 min trade to turn into a 15 min trade etc etc....

The upper time frame direction is important to trade the lower time frames, but the lower time frames change direction first

Does that make sense
 
3
  • Post #17
  • Quote
  • Jan 29, 2012 9:28pm Jan 29, 2012 9:28pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 562 Posts
After all that being said, LOL, I am always looking to convert a lower time frame trade into a longer timeframe trade,,,why????? it should be obvious,

Lower risk means more gains.
 
 
  • Post #18
  • Quote
  • Jan 29, 2012 10:17pm Jan 29, 2012 10:17pm
  •  Magusa
  • | Joined Jan 2012 | Status: Member | 35 Posts
Quoting hharrington
Disliked
After all that being said, LOL, I am always looking to convert a lower time frame trade into a longer timeframe trade,,,why????? it should be obvious,

Lower risk means more gains.
Ignored
Can we name this scalping? I used M1 and M5 too for short time trading, and always look for H1 or M30 for the real trending...

As a short time trader, stockastic and RSI is needed.. and for sure, I avoid the US session.. M1 is just a whipsaw in US session...
 
 
  • Post #19
  • Quote
  • Jan 30, 2012 12:38am Jan 30, 2012 12:38am
  •  Aztrader2
  • | Joined Oct 2010 | Status: Freedom Trader | 444 Posts
Something tells me here is enough "meat" to satiate our hunger for pips......
Lookin' forward to know more.....

Thanks for sharing bro!

Btw. Why thread has been moved from "Trading System"?
 
 
  • Post #20
  • Quote
  • Jan 30, 2012 1:24am Jan 30, 2012 1:24am
  •  Favorite
  • | Membership Revoked | Joined May 2011 | 2,976 Posts
Really good stuff...

hharrington, keep talking!
Gentlemen always play by the rules. If they can't, they change the rules.
 
 
  • Trading Systems
  • /
  • Freebie 1 min trading method
  • Reply to Thread
    • Page 1 23456 61
    • Page 1 234 61
0 traders viewing now
  • More
Top of Page
Forex Factory Blog Updated: Alerting All Members
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2022