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Freebie 1 min trading method

  • #561
  • Mar 10, 2012 7:30am Mar 10, 2012 7:30am
All the indicators are in the thread someplace, if you are too lazy to put the indicators together and build your own template, then I guess you should move on.....

There is nothing free in life, but if you use your eyes and ears there is a lot of information available.

HH
  • #562
  • Mar 10, 2012 8:57am Mar 10, 2012 8:57am
I like this thread's boss'es method, I do the same.

The 1min chart gives you an amazing clarity and it gives you time! Every minute, you get told how the fight between up and down resumed. Just sit there and wait wait wait. Dont even interpret any bars or indicators. sit there and tell yourself, this is what the bears achieved, and this is the bulls result. Then after one hour at most (NY session) you will have a crystal clear opinion on which side has the power. Many many small bars allow you to wait before a thundering swing takes place - one that you wouldnt be able to find on the 5min chart!

The thread man said it dozens of times, all you need is watching the pair every day for some time, there is nothing new under the sun! at least every second day, you get a situation where one side is breaking away in complete panic, and the swing holds on for hours. wait for these moments and go into the market with full weight.

PS: i dont even use trendlines, sometimes EMAs, and no heiken ashi. its all about time. watch and watch for many hours.
Dont ask too much, just let the chart teach you for some weeks and some dozens of hours. And learn to sit there, doing nothing - it pays you more than jumping in every little move.

Success and insight everyone
  • #563
  • Mar 10, 2012 5:30pm Mar 10, 2012 5:30pm
Quoting Brutalpip
I like this thread's boss'es method, I do the same.

The 1min chart gives you an amazing clarity and it gives you time! Every minute, you get told how the fight between up and down resumed. Just sit there and wait wait wait. Dont even interpret any bars or indicators. sit there and tell yourself, this is what the bears achieved, and this is the bulls result. Then after one hour at most (NY session) you will have a crystal clear opinion on which side has the power. Many many small bars allow you to wait before a thundering swing takes place - one...
amen brother
  • #564
  • Mar 10, 2012 5:38pm Mar 10, 2012 5:38pm
Quoting V_p
Hai..would you kindly share your indi and template? many thanks

HH is right. The template is already in this thread, you may have to add or take away an indicator or two. And if you don't read HH's directions, all of the templates are useless. So it is best to start at the top.

Gotta' put in your face time on this one.
  • #565
  • Mar 10, 2012 8:15pm Mar 10, 2012 8:15pm
Awww..easy mate ..im asking not because im lazy..i did followed this thread from the beginning HH open this thread as a silent reader..im a trader too, and when i got free time i like testing out something new..and i did downloaded HH indis and templates from one post to another, its a good scalping system where i could easily get 40-50 pips per-day starting London session till NY session..but when i see some mate having different approach in using another indis..i wanna know more bout it especially using the COG-like indi and i would like to try but i dont have the blue print..so thats why im asking..if asking is wrong here then its okay..no need to judge people who was asking for something..because we never know..

i guess i will stop here..but thanks alot and God Blessed those who helps by the way.
  • #566
  • Mar 10, 2012 8:46pm Mar 10, 2012 8:46pm
Quoting V_p
Awww..easy mate ..im asking not because im lazy..i did followed this thread from the beginning HH open this thread as a silent reader..im a trader too, and when i got free time i like testing out something new..and i did downloaded HH indis and templates from one post to another, its a good scalping system where i could easily get 40-50 pips per-day starting London session till NY session..but when i see some mate having different approach in using another indis..i wanna know more bout it especially using the COG-like indi and i would like to...
no worries....did not mean to offend. Made an assumption in which I was incorrect so I apologize. The WC_NLR works much like a shi channel except that it moves with and anticipates price action - like CoG. For me it is essential for determining confluence but as you know...nothing is 100%!
  • #567
  • Mar 10, 2012 8:56pm Mar 10, 2012 8:56pm
I find the 1M strategy little bit complicated. The charts are overcrowded.
Cheers Hermes
  • #568
  • Mar 12, 2012 7:55am Mar 12, 2012 7:55am
This is to be my last "newbie news" post, at least for a while. I have been given an offer “I cannot refuse” which means that I will not be able to share my screen shots or opinions of any trades. Here are three things that has helped me. I hope this can help you

1.Forget any negative thing you have been taught about money (“money doesn’t grow on trees”) because if you don’t, fear will always be foundation of your trading strategy, which translates into you breaking rules or jumping from one strategy to another more often than you should.

2.Remember, this is Vegas baby! You are playing with pips for more pips. That is all. Nothing more. If your life depends on a win or loss, your bet is too large against the house. Take some pips off the table so you can play another day. You will stay in this game longer if you learn to master your greed. It is hard but you will do it because you have to. (The House wins more often if we don’t learn to master greed and they are counting on it. After all, how many traders have learned to master it….less than 10%?).

3.And one last thing, in the beginnng, while you are still a newbie, you are a servant to your strategy. It is not the other way around until you learn to master self control. (I am still servant to my stragegy) but that lets you off the hook. If you do the same strategy more than 20 times and your losses are greater than your wins (in measure of pips), then it is the strategy, not you. This method takes the burden off your shoulders because you will understand, it is not you that is the loser, it is the strategy but you will only know this if you are servant to the strategy.

So that is it folks….Happy Trading!
  • #569
  • Mar 12, 2012 10:17am Mar 12, 2012 10:17am
Quoting V_p
Awww..easy mate ..im asking not because im lazy..i did followed this thread from the beginning HH open this thread as a silent reader..im a trader too, and when i got free time i like testing out something new..and i did downloaded HH indis and templates from one post to another, its a good scalping system where i could easily get 40-50 pips per-day starting London session till NY session..but when i see some mate having different approach in using another indis..i wanna know more bout it especially using the COG-like indi and i would like to...
Thanks VP appreciate you being here
  • #570
  • Mar 12, 2012 10:19am Mar 12, 2012 10:19am
Quoting XStorm
This is to be my last "newbie news" post, at least for a while. I have been given an offer “I cannot refuse” which means that I will not be able to share my screen shots or opinions of any trades. Here are three things that has helped me. I hope this can help you

1.Forget any negative thing you have been taught about money (“money doesn’t grow on trees”) because if you don’t, fear will always be foundation of your trading strategy, which translates into you breaking rules or jumping from one strategy to another more often than you should....
It was a privilege to have you here Xstorm, sorry to see you go.
  • #571
  • Mar 12, 2012 10:26am Mar 12, 2012 10:26am
Another great setup for those of you who want to trade longer term. I am using a TL EA for entries and exits on longer term charts.
I have not found a free one that works properly, or one that I can figure out how to use properly. There are a few good ones you can purchase on the internet...Magic Stick, and I think I-draw at forex geometry may be ok.

I am using Magic Stick, but I have not used I-draw

HH
Attached Image (click to enlarge)
Click to Enlarge Name: 30 mtf ha setup.gif Size: 73 KB
  • #572
  • Mar 12, 2012 10:36am Mar 12, 2012 10:36am
i have been trying the 1min chart but not coming good or it the bad month to trade forex please give some tips
  • #573
  • Mar 12, 2012 1:09pm Mar 12, 2012 1:09pm
Quoting pmeletse
i have been trying the 1min chart but not coming good or it the bad month to trade forex please give some tips
The 1 min chart requires a lot of practice on demo before you trade it live.

After much screen time, you recognize the swings then it becomes easy to trade. If you just follow the 15 min trends on the 1 min you will see the light.
  • #574
  • Mar 12, 2012 5:16pm Mar 12, 2012 5:16pm
Listen folks there are no bad months to trade forex. After you have been at it for a while you will believe me. The gurus preach all the time dont trade fridays and sundays or mondays...

If you are a trader you can trade anytime you choose. You control what you do not the market.

The market shows you what to do after you learn how to read the charts. Then it is your choice, and only your choice to enter a trade.

HH
  • #575
  • Mar 15, 2012 7:45am Mar 15, 2012 7:45am
I like the GBP/CHF

You can search on the internet and get a free trend line Ea
Attached Image (click to enlarge)
Click to Enlarge Name: 1 hr pound swissy.gif Size: 64 KB
  • #576
  • Mar 15, 2012 8:23am Mar 15, 2012 8:23am
I honestly missed a graph you posted. Are very simple and clear graphics and your strategy.Thanks !
  • #577
  • Mar 15, 2012 11:32am Mar 15, 2012 11:32am
Quoting hharrington
I like the GBP/CHF

You can search on the internet and get a free trend line Ea
I have a question if you can?
What settings do you use for Stochastic and BB_Macd_CCT?
  • #578
  • Mar 15, 2012 10:20pm Mar 15, 2012 10:20pm
Quoting gtudor
I have a question if you can?
What settings do you use for Stochastic and BB_Macd_CCT?
Fast Len 144
Slow Len 233
Length 20
St.DV .55


Stochastic settings
Kperiod 30
Slowing 10
DPeriod 10
  • #579
  • Mar 16, 2012 2:36am Mar 16, 2012 2:36am
color stochastic settings for shorter time frames BBMacd

FastLen 38
SlowLen 120
Length 20
StDv .55
  • #580
  • Mar 16, 2012 2:37am Mar 16, 2012 2:37am
You may need this for your latest template.
Attached File(s)
File Type: mq4 Color_Stochastic.mq4   5 KB | 1,005 downloads
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