Let's trade the 1 minute chart! | Forex Factory

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Let's trade the 1 minute chart!

  • #1
  • First Post: May 23, 2014 2:15pm May 23, 2014 2:15pm
Hi everyone

Well here we go

Jerry's 1 minute chart system

Firstly as I mentioned on some other threads, I will NOT be posting any indi's, templates.

Those who genuinely trade or want to trade the 1 min chart can always PM me for my templates and indi's.

What I am going to do is keep a journal of trades entered and won/lost and post some charts so that those people WHO ARE ALSO TRADING THE SYSTEM can learn and even post their own trades here. We are then constantly learning from each other That's the plan anyway!
  • #2
  • May 24, 2014 6:36am May 24, 2014 6:36am
Quoting jmtini
Hi everyone Well here we go Jerry's 1 minute chart system Firstly as I mentioned on some other threads, I will NOT be posting any indi's, templates. Those who genuinely trade or want to trade the 1 min chart can always PM me for my templates and indi's. What I am going to do is keep a journal of trades entered and won/lost and post some charts so that those people WHO ARE ALSO TRADING THE SYSTEM can learn and even post their own trades here. We are then constantly learning from each other That's the plan anyway!
subscribed !
  • #3
  • May 24, 2014 7:15am May 24, 2014 7:15am
Quoting jmtini
Hi everyone Well here we go Jerry's 1 minute chart system Firstly as I mentioned on some other threads, I will NOT be posting any indi's, templates. Those who genuinely trade or want to trade the 1 min chart can always PM me for my templates and indi's. What I am going to do is keep a journal of trades entered and won/lost and post some charts so that those people WHO ARE ALSO TRADING THE SYSTEM can learn and even post their own trades here. We are then constantly learning from each other That's the plan anyway!
You will lose. You are doing the very opposite of what you should be doing. You may as well just give your money to a charity.
Best of luck though.
I have no clue what I'm talking about.
  • #4
  • May 24, 2014 8:42am May 24, 2014 8:42am
Quoting Boy Wonder
{quote} You will lose. You are doing the very opposite of what you should be doing. You may as well just give your money to a charity. Best of luck though.

Thanks for your input Boy Wonder

You are very welcome to your opinion but the the "proof is in the pudding" huh?

Many traders are making big money scalping - done properly it can be extremely profitable.

Each one to his own but I prefer to be in out with my 20 or 30 pips in half an hour and on to the next one!


Rgds

Jerry
  • #5
  • May 24, 2014 8:57am May 24, 2014 8:57am
WHY TRADE THE 1 MIN CHART?


Guys I've been trading forex for years - not always successfully. Why? well because like most retail traders I'm not sitting staring at my charts 24 hours a day! So I need a system where one can switch on, take a quick look and trade something with a good chance of winning.

The other problem is MONEY MANAGEMENT and STOP LOSS placement. Always a huge problem for small traders. They of course want to listen to people like Boy Wonder who more then likely advise trading the long term charts and certainly on the surface it looks like the right thing to do. So you trade EU (for example) and you trade the 4hr or daily chart and you set your 50 pip SL and off you go. A few hours later and you are $500 down! What went wrong?? The answer is easy - you are only giving yourself ONE CHANCE. Whereas if you were trading the 1 min chart you would have set 10 five pip SL's which gave you TEN CHANCES - out of which with my system you would have won 7 - 8 !! You are minimum 120 pips UP (140 pips less 3 losses equalling 15 pips). See the difference?

Regards

Jerry
  • #6
  • May 24, 2014 9:13am May 24, 2014 9:13am
Quoting Boy Wonder
{quote} You will lose. You are doing the very opposite of what you should be doing. You may as well just give your money to a charity. Best of luck though.
You are a moron.

Taking trades off of the M1 can allow for absolute pin-point precision for entries and exits.

Just because a chart is traded on the M1, doesn't mean that the entire market analysis is based in the same time frame...and even if it were, having a look at the larger time-frames superimposed over the short still allows for a great sense of positioning, profitability, entries, exits and the ever popular..there is nothing worth trading, might well sit out.

A couple of examples...
http://www.forexfactory.com/showthre...83#post7489083
http://www.forexfactory.com/showthre...90#post7485990
http://www.forexfactory.com/showthre...01#post7484801
http://www.forexfactory.com/showthre...05#post7483505
http://www.forexfactory.com/showthre...93#post7483293
http://www.forexfactory.com/showthre...01#post7483001
http://www.forexfactory.com/showthre...67#post7482967

Just because you don't have the ability to apply a fast frame, doesn't mean it can't be done...just means you can't!

Good luck with the thread jmtini!
Tripping the M1s, is Money!!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #7
  • May 24, 2014 9:29am May 24, 2014 9:29am
Quoting jmtini
{quote} Well it looks like the usual story Abuse from brainless idiots like this guy!! Like many before me I'm afraid it's a case of filtering the rif raf !! Which will be done. We will go on with the show guys from Tuesday next week when all the markets are open and we have enough volume. NEGATIVE COMMENTS WILL NOT BE TOLERATED ON THIS THREAD YOU WILL BE FILTERED - YOU HAVE BEEN WARNED!!!
Brainless?

I was agreeing with you dude...but, whatever...

All the best to ya on the M1s!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #8
  • May 24, 2014 1:30pm May 24, 2014 1:30pm
m1 time frame ???
on m1 tf your positions are in the process of market reform
so Partial waves will be created. What is your opinion ?
  • #9
  • May 25, 2014 7:22am May 25, 2014 7:22am
Hi everyone

Just to let you know that this is my last post on FF


I am not going to be subjected to a lot of abuse or have to constantly defend myself to a bunch of losers.

This system works - in fact it's the only system that I've traded that actually works under the closest scrutiny. And I've been trading for many years.

I confess that I am the type of trader that likes to be in and out with 5, 10, 20 pips in a few minutes. I don't like holding trades open for longer so that I'm subjected to spikes, etc., will kill off so many trades and traders!

Anyway if anyone is GENUINELY interested in learning how to trade the 1 min chart successfully, they are welcome to PM me for details.

I will be posting my trades on my own webpage which will bar any unsavoury characters (which FF seems to have more then it's fair share of)!


GOODBYE TO ALL AND HAPPY TRADING
  • #10
  • May 25, 2014 12:50pm May 25, 2014 12:50pm
Quoting jmtini
Hi everyone Just to let you know that this is my last post on FF I am not going to be subjected to a lot of abuse or have to constantly defend myself to a bunch of losers. This system works - in fact it's the only system that I've traded that actually works under the closest scrutiny. And I've been trading for many years. I confess that I am the type of trader that likes to be in and out with 5, 10, 20 pips in a few minutes. I don't like holding trades open for longer so that I'm subjected to spikes, etc., will kill off so many trades and traders!...
Btw, Magix was replying to that other guy (Boy Wonder) and he (Magix, that is) was actually agreeing with you.

I, for one, would never trade M1, but I respect traders who attack that timeframe head on.

Up to you to interpret my words any which way, but hope you would not judge my words too harshly as you did Magix's.

All the best with your trading!
I'm not trying to convince anyone. I'm not in the "convincing" business.
  • #11
  • Jul 25, 2018 2:15am Jul 25, 2018 2:15am
It looked so promising.Hows 1M charts after 4 years?Any output for fellow traders?
Whether you think you can, or you think you can't,you're right. H.F.
  • #12
  • Jan 6, 2020 6:50am Jan 6, 2020 6:50am
Quoting Simply-Me
It looked so promising.Hows 1M charts after 4 years?Any output for fellow traders?
any activity here?
  • #13
  • Last Post: Aug 26, 2020 11:08am Aug 26, 2020 11:08am
Quoting Mtinifx
Hi everyone Just to let you know that this is my last post on FF I am not going to be subjected to a lot of abuse or have to constantly defend myself to a bunch of losers. This system works - in fact it's the only system that I've traded that actually works under the closest scrutiny. And I've been trading for many years. I confess that I am the type of trader that likes to be in and out with 5, 10, 20 pips in a few minutes. I don't like holding trades open for longer so that I'm subjected to spikes, etc., will kill off so many trades and traders!...
Hi Mtinfinix I know this thread is old but if you're still around were you successful trading the 1 minute chart? Could I please get a link to the webpage you mention where you posted your trades?
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