1 hour scalping method | Forex Factory

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1 hour scalping method

  • #1
  • First Post: Nov 25, 2024 12:37pm Nov 25, 2024 12:37pm
HI

i have a simple scalping method that uses nothing but a 1 hour candle

enter long on the brek of the previuos candles high and exit with 5 pips

enter short on the previous down candle low exit with 5 pips

yu can use a 15 pip stop loss with this

just remembber , the entery long or short must be after the down candle for short up candle for longs


this us easy guys

if yu can hekp me with an EA it would help
  • #2
  • Nov 25, 2024 12:56pm Nov 25, 2024 12:56pm
make sure you exit the trade at candle close for whatever it gives then look for re entry

good luck guys
  • #3
  • Nov 25, 2024 12:58pm Nov 25, 2024 12:58pm
forgot to mention

I personally dont trade no more than 4 trades on USDCAD

4 X 5 pips is 20 pips profit

20 x 5 days is 100 pips a week

but say you lose a few at -15 you can still make money
  • #4
  • Nov 25, 2024 1:16pm Nov 25, 2024 1:16pm
ok guys

here is an update

5 pips exit is too weak

try for 20 pips at a time

so say you have a up candle after a down candle this is the trend ignition area , look for the price to break the high and hold for 20 pips witn a 15 pip stop loss

or exit on an opposite candle close couloir change

it will put the odds in your favour

good luck
  • #5
  • Nov 25, 2024 3:13pm Nov 25, 2024 3:13pm
I am using a 15 pip take profit and 15 pip stop loss

but i go to breakeven at 10 pips

this is just a suggestion

guys these markets are highly manipulated

capital preservation is number 1
  • #6
  • Nov 25, 2024 4:29pm Nov 25, 2024 4:29pm
The grammatically challenged,inarticulate idiot is back.
  • #7
  • Nov 25, 2024 4:33pm Nov 25, 2024 4:33pm
Quoting edge540
The grammatically challenged,inarticulate idiot is back.

well try the methiod

im no idiot
  • #8
  • Nov 25, 2024 4:48pm Nov 25, 2024 4:48pm
Quoting jamesagnew
{quote} well try the methiod im no idiot
What is a "methiod"?
All you touch and all you see, is all your life will ever be.
  • #9
  • Nov 25, 2024 4:49pm Nov 25, 2024 4:49pm
Quoting jamesagnew
HI i have a simple scalping method that uses nothing but a 1 hour candle enter long on the brek of the previuos candles high and exit with 5 pips enter short on the previous down candle low exit with 5 pips yu can use a 15 pip stop loss with this just remembber , the entery long or short must be after the down candle for short up candle for longs this us easy guys if yu can hekp me with an EA it would help
Maybe someone could "hekp" "yu" with your spelling and grammar.
All you touch and all you see, is all your life will ever be.
  • #10
  • Nov 26, 2024 7:27am Nov 26, 2024 7:27am
Quoting jamesagnew
exit with 5 pips
Quoting jamesagnew
5 pips exit is too weak
Quoting jamesagnew
try for 20 pips at a time

Hmmm, it took you 18 minutes to decide on a huge change to the system’s risk management.

It makes me wonder how much thought, planning and testing goes into your systems.

You’ve recently posted 28 different systems.

Do you trade any of them, yourself?

Does anyone else?

Does any one of them have a track-record?

Any results to share?

Any evidence for anything you ever post here?
  • #11
  • Nov 26, 2024 8:46am Nov 26, 2024 8:46am
Quoting Quickly
{quote} {quote} {quote} Hmmm, it took you 18 minutes to decide on a huge change to the system’s risk management. It makes me wonder how much thought, planning and testing goes into your systems. You’ve recently posted 28 different systems. Do you trade any of them, yourself? Does anyone else? Does any one of them have a track-record? Any results to share? Any evidence for anything you ever post here?
I'll help you.

no
no
no
no
no
no
J.P.
  • #12
  • Dec 1, 2024 2:29am Dec 1, 2024 2:29am
rather large risk for such small reward
  • #13
  • Dec 5, 2024 4:11pm Dec 5, 2024 4:11pm
try this

20 pip stop for 20 pip exit , enter 2 trades and exit 1st at 20 pips and exit second on 1 hour colour change on close

once the first profit is took you are at breakeven ,

then the profit is whatever price will give

sometimes its aggressive and turns other way and you close near the entry area

in this case you still make 20 pips
  • #14
  • Dec 7, 2024 7:10am Dec 7, 2024 7:10am
Quoting jamesagnew
try this 20 pip stop for 20 pip exit , enter 2 trades and exit 1st at 20 pips and exit second on 1 hour colour change on close once the first profit is took you are at breakeven , then the profit is whatever price will give sometimes its aggressive and turns other way and you close near the entry area in this case you still make 20 pips
You risk 1 to get , what if the winning rate is below 50?
  • #15
  • Last Post: Dec 8, 2024 1:54am Dec 8, 2024 1:54am
Quoting Kidboy
{quote} what if the winning rate is below 50?
Then you risk 1 to get NONE
MDG Return Today: na
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