MA scalping method | Forex Factory

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MA scalping method

  • #1
  • First Post: Apr 8, 2013 6:26am Apr 8, 2013 6:26am
we use moving average to scalp

In any session you can trade with this use ema 7,14,21 and 50 is the direction of the trend.

price is below 50 level and also other ma crossover too for sell

price is above 50 level and also other ma crossover too for buy
  • #2
  • Apr 8, 2013 8:33am Apr 8, 2013 8:33am
where does it go?
  • #3
  • Apr 8, 2013 8:50am Apr 8, 2013 8:50am
Quoting vasude
we use moving average to scalp In any session you can trade with this use ema 7,14,21 and 50 is the direction of the trend. price is below 50 level and also other ma crossover too for sell price is above 50 level and also other ma crossover too for buy
er...on a 1 min timeframe you are looking to trade just the ma crossovers ?? naive.
  • #4
  • Apr 8, 2013 8:54am Apr 8, 2013 8:54am
I wonder what timeframe work for you? And do you wait for candle close? Have you backtest using some forex strategy testing softwares? The results may give you some light. All the best bro. Cheers.
The only winner is the one who survive the longest...
  • #5
  • Apr 8, 2013 9:43am Apr 8, 2013 9:43am
There are a lot of scalping trading strategy that using Moving average. Is there any unique technique in your trading system ?

-----
exhaustion bar
  • #6
  • Apr 8, 2013 10:07am Apr 8, 2013 10:07am
use hour 1 timeframe to trade ,use when moving average fall or rise nicely ,moving average should not be in straight line. pair is there choice.
  • #7
  • Apr 8, 2013 12:35pm Apr 8, 2013 12:35pm
Quoting vasude
use hour 1 timeframe to trade ,use when moving average fall or rise nicely ,moving average should not be in straight line. pair is there choice.
I am confused..

Btw I have not see a straight moving average line yet, am I the odd one?
The only winner is the one who survive the longest...
  • #8
  • Apr 8, 2013 1:49pm Apr 8, 2013 1:49pm
Quoting kinspk
I am confused.. Btw I have not see a straight moving average line yet, am I the odd one?
if price caught in a range ma goes through candles and looks like a straight line,when its broke up or down ,ma falls or rises
  • #9
  • Apr 9, 2013 2:26am Apr 9, 2013 2:26am
Quoting vasude
use hour 1 timeframe to trade ,use when moving average fall or rise nicely ,moving average should not be in straight line. pair is there choice.
you can't scalp with a 1 hour time frame.
  • #10
  • Apr 9, 2013 2:29am Apr 9, 2013 2:29am
Quoting MaxDoom
you can't scalp with a 1 hour time frame.
Be open minded. Every time frame can scalp. Even the weekly or monthly. Do you believe?
  • #11
  • Apr 9, 2013 2:46am Apr 9, 2013 2:46am
Quoting Sparr0w
Be open minded. Every time frame can scalp. Even the weekly or monthly. Do you believe?
I agree. Technically you can use whatever timeframe. The only thing is that you know what you are doing .

Scalp: the strict definition is: open and close position in very short time, i.e. the position is open 1, maybe two minutes and take small profits having small risk. The decision to open the position can be based in 1m, 5m, 10m, etc. If you keep the position open 5m, 10, 30m, etc, then it is not scalping strictly speaking. (according to Kevin Ho's paper, one million dollar in one million trades).

Ok, back to the strategy, well, ma crossing, but, I miss the open/close policy. Any clue, vasude?

Best Regards, and Happy Pips

gonso
  • #12
  • Apr 9, 2013 2:49am Apr 9, 2013 2:49am
Quoting gonso
I agree. Technically you can use whatever timeframe. The only thing is that you know what you are doing . Scalp: the strict definition is: open and close position in very short time, i.e. the position is open 1, maybe two minutes and take small profits having small risk. The decision to open the position can be based in 1m, 5m, 10m, etc. If you keep the position open 5m, 10, 30m, etc, then it is not scalping strictly speaking. (according to Kevin Ho's paper, one million dollar in one million trades). Ok, back to the strategy, well, ma crossing,...
time is not the crux. The crux is make profit on a few pips.
Its best not to trade when MA just cross.
  • #13
  • Apr 9, 2013 2:50am Apr 9, 2013 2:50am
Quoting Sparr0w
time is not the crux. The crux is make profit on a few pips.
Yes, that was a part that I missed. Thanx for the comment.

In fact, the usual TP is from 3 to 6 pips, with a SL of 2 or 3 pips.

gonso
  • #14
  • Apr 9, 2013 3:01am Apr 9, 2013 3:01am
Quoting Sparr0w
Be open minded. Every time frame can scalp. Even the weekly or monthly. Do you believe?
NO - the timeframe is relevant especially if using slow MA indicators which can take hours to give an open or close signal and hours = potentially large stops and large targets therefore = not scalping
  • #15
  • Apr 10, 2013 3:29pm Apr 10, 2013 3:29pm
how do u allow for market noise if your stop loss is so low? i thought with scalping you had a st between 15- 20 pips.
  • #16
  • Edited 11:50pm Apr 10, 2013 11:37pm | Edited 11:50pm
Theoretically: M15. Admission to close the bar with an arrow. PT = SL = 10 pips.
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File Type: ex4 3 MA Cross w_Alert v2.ex4   6 KB | 1,121 downloads
  • #17
  • Last Post: Apr 12, 2013 1:52am Apr 12, 2013 1:52am
from my experience, when stop loss low, you can easily get stopped out.
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