Powerful 1 Min Scalping System (Fx Prime)

Quoting endubito

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This is my first post after following this wonderful thread for many weeks. Kudos to dude for sharing this system and thanks to notable others who've contributed and optimized it.


Attached are Friday trades long after London closed:

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Quoting endubito

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This is my first post after following this wonderful thread for many weeks. Kudos to dude for sharing this system and thanks to notable others who've contributed and optimized it.


Attached are Friday trades long after London closed:

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Quoting maxzeus

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hi all

heres my 1st chart tha im posting to show how this system is really effective, i made like 150 pips in 2 days lasy week, did'nt have much time to trade but still managed todo good trades, it's on a demo account but i trade just like it my real money, i take it seriously

Thanks CD for this awesome system,i will help or be active the most i can in the #fxprime channel **when im available ** if you need help for testing or anything else give me a shout

Attachment

Today OCT 26 i made 33 pips in 10 mins, you see a list of all the indicators i use and i use a EA with auto S/L & T/P ( but i wont talk about that here ) anyways cya later folks

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Quoting behof

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Hi Folks !

Please find attached an actual snapshot of the 1 min EUR/JPY chart...
What can I say here....
I think the chart speaks for itself..

Please take into account that price is always heading to 50 and 00 price levels !!
When you trade the system watch carefully price behaviour around these round numbers and you will
discover one of the secrets of forex....

Happy Pippin

Bernhard

P.S. CD => Nice job

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Quoting USTrader

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Hi All,
Looking good with this strat!

Can someone take a look at my chart to confirm this trade was a Legit FXP entry?

Hopefully, I got this down correctly. CCI 34 and 170 below 0, RSI 8 below 45. Basically, since the price was dropping under the Daily Pivot, still above the Daily S1, didn't see any reason it should stop at S1 or move slightly below it? Daily S2 and Fib 0.0 were below, but didn't think it would pierce there, so I grabbed some pips.
Looks good to me, but could someone confirm this?

Red line is my entry, I guess a little late...

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Quoting Canadian_Dude

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Major Update Comming Soon

After 2 weeks of studying charts talking to some of the best scaplers in the ff.com forum and testing hudreds of things we have come up with an indicator that will filter out 70% of the bad trades. This will be a great indicator. FX Prime is a great system and this will only make it even better!

Roger Dodger

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Quoting USTrader

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Hi All,
Looking good with this strat!

Can someone take a look at my chart to confirm this trade was a Legit FXP entry?

Hopefully, I got this down correctly. CCI 34 and 170 below 0, RSI 8 below 45. Basically, since the price was dropping under the Daily Pivot, still above the Daily S1, didn't see any reason it should stop at S1 or move slightly below it? Daily S2 and Fib 0.0 were below, but didn't think it would pierce there, so I grabbed some pips.
Looks good to me, but could someone confirm this?

Red line is my entry, I guess a little late...

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Quoting bigbear777

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does anybody know where I can get FXT3 CCI 50?

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Quoting Canadian_Dude

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I and many in the chat room have made alot of pips these past weeks join us in the chat!

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Quoting MMDealer

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USTrader,

Theoretically, this was a valid entry based on the rules of the system. However beware of missing the initial entry signal and entering late - chasing the trade. The level at which one would have taken this trade was several pips higher, a few bars back. If you miss the original entry, and price has already move a good way, your Risk/Reward for the trade is thrown out.

We can reasonably expect that each signal is going to have a certain amount of potential, for a move in your favour. If you get in 30 points after a signal (in a short term scalping system) you should be wary of have missed the move and entertain waiting for the next signal.

This is just the way i look at things, and the risk/reward concept becomes more apparent in systems that place stops above/below recent swing highs/lows. In the trade example you have posted above, the market has already moved a little way, and the system had signalled the the trade much closer to the swing high. So, for example, with an average potential move of 30 points, entering the trade 10 points from the high gives a (possible) R/R of 10:20. Risking 10 pips to make 20 pips.

If you enter late, after the move has already started, you may have a 20 point stop (above the swing high preferebly, although thats not necessarily how its done in this system - but just an example) and maybe only the potential for a further 10 pips profit. This is a R/R ratio of 2:1... which - at the end of the day - will make it much harder to be profitable in the aggregate result of a bunch of winners/losers.

PS. See below the trades i have taken so far today based on this method of identifying opportunities.

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