Who is using one minute charts to trade? | Forex Factory

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Who is using one minute charts to trade?

  • #1
  • First Post: Jun 12, 2008 11:01am Jun 12, 2008 11:01am
Dear fellows, want to meet with traders who have sitted inside a curreny dealing room using one minute chart for scalping or who have practical experience using one minute chart to scalp. We can exchange for experience, tactics & discussion !
  • #2
  • Jul 12, 2008 2:43pm Jul 12, 2008 2:43pm
Quoting ableman
Dear fellows, want to meet with traders who have sitted inside a curreny dealing room using one minute chart for scalping or who have practical experience using one minute chart to scalp. We can exchange for experience, tactics & discussion !

dillan is yur man .....that man loves the one minute charts...
  • #3
  • Jul 12, 2008 2:57pm Jul 12, 2008 2:57pm
I trade the 1 minute aswell, please include me in the group / discussion.
Money Talks. Wealth Whispers. Charts Talk. Traders Whisper.
  • #4
  • Jul 12, 2008 3:12pm Jul 12, 2008 3:12pm
Yep I trade 1Min charts ( use 15M aswell for a longer term view )

Can't see how anyone would or could use anything higher to trade off personally.

I'm not in a dealer room though, just at home
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #5
  • Jul 12, 2008 3:25pm Jul 12, 2008 3:25pm
hi,

im trading on 1-5-15 min. mostly g/j. there are not many people trading on that small TF´s, but for me its the chance to see the heartbeat and often you get an early entry for positions you can hold for some hours, thats the beauty of this
  • #6
  • Jul 12, 2008 6:52pm Jul 12, 2008 6:52pm
You can't see the price action on anything over 1M for say the last 30mins, plus all my SMA's become inaccurate even on 5M, there no way i can do a immediate 10min direction which is a very powerful short term momentum indicator.

I couldn't find a Meta 4 demo platform though with good m1 data, had to stick to Meta 3, anyone ??
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #7
  • Jul 12, 2008 7:02pm Jul 12, 2008 7:02pm
Quoting Turveyd
You can't see the price action on anything over 1M for say the last 30mins, plus all my SMA's become inaccurate even on 5M, there no way i can do a immediate 10min direction which is a very powerful short term momentum indicator.

I couldn't find a Meta 4 demo platform though with good m1 data, had to stick to Meta 3, anyone ??

try oanda fx game, not the best but better than mt4 on 1 min
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  • #8
  • Jul 12, 2008 9:00pm Jul 12, 2008 9:00pm
How about 1 second charts
  • #9
  • Jul 12, 2008 9:39pm Jul 12, 2008 9:39pm
me.
  • #10
  • Jul 12, 2008 9:54pm Jul 12, 2008 9:54pm
I do also
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #11
  • Jul 12, 2008 10:21pm Jul 12, 2008 10:21pm
Quoting Turveyd
You can't see the price action on anything over 1M for say the last 30mins, plus all my SMA's become inaccurate even on 5M, there no way i can do a immediate 10min direction which is a very powerful short term momentum indicator.

I couldn't find a Meta 4 demo platform though with good m1 data, had to stick to Meta 3, anyone ??
Alpari UK has the best demo mt4 platform. Extremely accurate. Last I heard they have like 5 redundant servers. I chart MB Tradings data directly sometimes too cuz they're my broker and its similar enough to Alpari that mostly I just watch Alpari charts on mt4.
  • #12
  • Jul 12, 2008 10:23pm Jul 12, 2008 10:23pm
Quoting fxRichard
How about 1 second charts
The founder of this forum advocates 1 second charts as best and shows you how to trade 'em:

http://www.cyrox.com/forum/index.php
  • #13
  • Jul 12, 2008 10:37pm Jul 12, 2008 10:37pm
Quoting Poocher
The founder of this forum advocates 1 second charts as best and shows you how to trade 'em:

http://www.cyrox.com/forum/index.php
Thanks for sharing with us
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #14
  • Jul 13, 2008 1:20am Jul 13, 2008 1:20am
1 min chart; no bias, no projection, pure scalp...

[Gy, Ey, UY, USDCHF]
  • #15
  • Jul 13, 2008 7:35am Jul 13, 2008 7:35am
Quoting Poocher
The founder of this forum advocates 1 second charts as best and shows you how to trade 'em:

http://www.cyrox.com/forum/index.php
I know this site all too well
  • #16
  • Jul 13, 2008 8:41am Jul 13, 2008 8:41am
There's emotion in your response fxRichard...is it regret or gratitude.
  • #17
  • Jul 13, 2008 9:45am Jul 13, 2008 9:45am
Gratitude
  • #18
  • Jul 13, 2008 10:28am Jul 13, 2008 10:28am
I use the 1 min chart to determine my entries for a scalp or even a longer term trade. I start out with the 30 min chart for support and resistance then slowly move my way down till i get to the 1 min.

The ideal use of the 1 min chart is to determine where short term stops reside. Once triggered you can enter on the rebound and bank some quick pips.
  • #19
  • Jul 13, 2008 6:39pm Jul 13, 2008 6:39pm
Quoting fxRichard
Gratitude
I just read your journal at the Troll's forum so now I see why you have gratitude. Your trades look great. I'm gonna look for that rainbow and figure out how to get Ninjatrader hooked to the NJ gain feed and give it another try.

Are you close to buying the Troll's new super dupper indi? By the look of your trades you don't need it!
  • #20
  • Jul 13, 2008 6:59pm Jul 13, 2008 6:59pm
Quoting Poocher
I just read your journal at the Troll's forum so now I see why you have gratitude. Your trades look great. I'm gonna look for that rainbow and figure out how to get Ninjatrader hooked to the NJ gain feed and give it another try.

Are you close to buying the Troll's new super dupper indi? By the look of your trades you don't need it!
lol thanks, I use something along with the 1sec chart other than his indicators, I'm sure I will get them at some point as when you go to the workshop they are included and I plan to go.
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