The best 1 min trading systems?

Please vote for the best 1 min trading system you have used so far. Thanks!

Coin Toss!!

I will be starting a thread called the

"Perfect Powerful Super Simple Explosive Profit Maker"

It will make all other systems look putrid. I am also changing my name to

"Z Man XXXX"

Just do it on a 1 minute chart. Fantastic!

I would imagine if you are asking this question then perhaps a 1 minute system is not for you right now. Many of the patterns you will see on a 15 minute chart you will see on a 5 and 1 minute but the problem is trading it. Things happen so much quicker and for that reason you really need to know what you are doing! Perhaps you should look at something like constant range bars...

I have traded the 1 minute time frame out of boredom in between my larger more "realistic" time frames trades, I personally like daily charts, of course it doesn't mean you should or should not, I have had success on the 1 minute for some time (and repeat, it is not my main focus) only within the London session and the very initial hours of the New York one (way before noon in EST) and even that changes over the days, you need to practice identifying volatility, I may warn you however it is pretty stressful and tiresome since staying in focus for that time frame and for the enough amount of time a day to get your share of the profits is troublesome, only you can decide if that suits you of course.

I must tell you however that you will need a pretty tight spreads broker (somewhere close to 1 pip for the majors, I can only trade the Euro successfully) and a very decent volatility range during the day, all of that besides the hawk-like attention, unfortunately I could not just recommend you any specific system as I believe there is no way you can adopt one, of course it is only my humble opinion, they say one is better off by staring on the higher time frames like dailies or 4 hourly, in a tiny 1 minute timeframe you might better have a sound method (that in case you continue on with it, you will end up developing yourself) with heavy confluence factors to trigger your setups and avoid the great amount of market noise, at least that was my case, and as other traders stated it, even it hasn't been long enough to tell you I have done it for years or to make a living.

Regards...

Hi, pipsfan
Could you please share yours first? Thank you.

But it's 1 sec trade!

There is no "best strategy". Doesn't even matter the time frame, it just doesn't exist. Try it out, test your skills, learn a LOT, practice a LOT (on demo!) and you'll find what works for you. We can't spoon feed you anything.

Isn't M1 the domain of machine and a no go for us push button types?

The best trading system is the one work for you perfectly. So different trading systems for different persons.

1 min?? I ever threw a buck into a slot machine. ended up with 2 bucks. in just 1 minute. other than that i wouldnt know any really.

Unfortunately there is a stigma attached to 1 minute trading so you will meet quite a bit of, shall we say, pessimistic view pionts but done correctly it can be both profitable and fun. Its about tight entries and getting high RR's.

Only trade the 1 minute at key levels identified on higher timeframes like 5 min and 15min etc.

best way I have found is to pan right out on a 15min chart and mark the obvious levels or previous days high/low or daily pivots then mark a 15 pip zone around those levels and wait for price to approach your zones when it does look for either a clear reversal signal, eg HHHL's going up then rejects zone and starts to form LHLL's and sell a LH. Once you have confirmation of rejection or continuation enter your trade.

Theres a video covering the technique on you tube by FXevolve, very good have a watch its the only way to succesfully trade 1 mins.



It can lead to some very nice RR's if you catch the new high or low of the current day. Try it on pairs with big ADRs eg GJ EJ GN EN GA etc.

If you prefer scalping use a low spread broker and pair then use your favourite indy like cci or stochastic for entry but wait for price to break and retest 200sma or 25 levels in particular 100 levels.

One final method when trend is very clear and pushing clearly one way or the other put a trendline on it and trade the break of that trendline especially if its approaching a key level.

Of course all these methods require practice on a demo account and double your demo before going live

Oh and by the way use Heiken ashi candles as its price structure you trade on 1 mins not candles so using Hieken Ashi makes the structures very clear.
Hope that helps.

Good luck.

I'll do one better, go with the three side coin toss - clue, toss three coins up at the same time and go with the side that has the higher frequency (just kidding but then again, maybe not - given the topic)

That's some meta coin toss right there.

Couldn't help myself, you got to love some of the threads..makes it fun to visit FF regularly.

Hmmm,

I'm not sure about this one. Strategy and the 1 minute time frame seem like a contradiction in terms to me, one implies a system, the other by its very nature (as others here have pointed out) is something of a random walk. Even if you could deploy a single effective strategy, the difficultly in placing timely trades, getting in and out in the nick of time, poses serious problems.

The 1 minute trade is favoured in binary options trading, and I think it's probably the most profitable duration, for the brokers that is. It's too quick, too addictive and too easy to lose your money trading at this time frame.

Also I read somewhere that the regulators now toying with the idea of licensing binary options (specifically in Japan and the U.K), are likely to reject the 60 second trade as it's far too close to gambling in their opinion.

Just saying...