Best gold scalping strategy reddit. com, a trading forum run by professional traders.

Best gold scalping strategy reddit There is an absolute "No Troll" policy - this is a place where traders can learn and help each other. They have some of the best daytime margins $$400/ES and $1000/NQ, and they have really cheap commissions. 1 % on limit orders). Eric has a little bit more variety than MD i think and actually takes times to coach his followers so hes @betsuni_123 have you tried this strategy with the moon averages? I will be honest. Keep in mind no strategy is perfect and this is just what works for me right now. Major approaches and trading methodologies described in detail. Possible entry points can appear and disappear very quickly, and thus, a trader must remain tied to his platform. 5RR or attempt to trail using the bollinger bands. A few days ago gold skyrocketed 400 pips in one minute. I was pleasantly surprised to find that this Gold trading strategies surround a range of methodologies designed to profit from gold’s price movements, considering factors such as market trends, economic indicators, and geopolitical events. Gold isn’t forex, gold is a precious metal which has great volatility. This is a 1min scalping strategy I've been developing exclusively for XAU/USD. Don’t go against the trend. For example, 1-2 minis on ES at 2 points (8 ticks) at a time is already $100-$200. Scalping requires large size, small moves and quick profits. Those VWAPs (daily/weekly/monthly) if you think about it are also anchored to a specific starting price and start time. 1. Posted by u/Dominic_Walsh_Trader - 1 vote and no comments I have been scalping s & p 500 and us30 basically using the same strategy, i use the 15 minutes and look for breakouts at the first 2 hours of opening of the market. For individuals with day jobs and other activities, scalping is not necessarily an ideal strategy. 🏃🏾🏃‍♀️🏃🏻‍♂️ _____ Users can trade their NFTs on the in-app marketplace. It is basically a scalping method which can provide a potential profit (according to the author of course) of up to $500 per contract traded per day. It also does not work well for strong trending markets. From fundamentals, price action, charting and divergences. I've been checking out brokers with metatrader platforms since I like using MT4 or MT5 for their tools and indicators. Dollar) are often a go-to choice for high-frequency traders. Thanks Scalping doesn't mean take a huge position that will eat your account alive. Best results when price is bouncing between support and resistance zones. Litecoin (LTC): Known as the silver to Bitcoin's gold, LTC offers relatively high liquidity and volatility, making it suitable for scalping strategies. Tick based renko or heikin ashi charts with sniper strategies is best for prop firm trading, at least that’s what I’ve found. You have to be a step ahead. RSI (Relative Strength Index) Strategy. I've been trading forex for a bit and know that things like low spreads, decent leverage, and quick execution are key, especially for scalping. What I am doing when anchoring to a high volume reversal is you can now see where the average buyer/seller is from that high/low. What is the 1 Minute Gold Scalping Strategy? The 1-minute Gold Scalping Strategy in Forex trading is a high-frequency trading strategy designed for those who wish to try engaging in rapid trades with small potential targets. Start with a low percentage of your expected full position and increase this as time goes by and you become more confident in your new strategy. My forex provider recently lowered the spreads significantly from ~ 2-5 pips to ~ 0. The best you could do is research "smart money concepts" aka SMC, and understand the very basis of what it means. The best gold trading strategy for scalping is to trade only during the London and New 30K subscribers in the SelfPromotionYouTube community. Swing Trader Trading Take trading rush with a pinch of salt, their strategy does work but loses success on lower timeframes, I personally see it as a swing strategy. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms I’ve been doing quite a lot of digging around looking for ways to trade gold, I have been mucking around with forex for about 4-5 months now and i’m really trying to buckle down and find a profitable strategy for trading gold. Unlike most strategies, scalping requires the Welcome to FXGears. To each their own. The secret of scalping in general is what I call explicit trading, i. Emotions will screw most of us taking many losses on such short stop losses. In the fast-paced world of forex trading, scalping strategies for XAUUSD (Gold against the U. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms The best scalping strategies. Scalping is quick profit. What’s the best TA only strategy for scalping? Looking for a TA strategy that has over 70% win rate that has quick close times, under 20 mins and a lot of entry points. personally, I think a scalping style of trading requires at the very least $50,000 IF you want a CHANCE at lets just say a $100 a day. I eventually worked my way back into the buy side again, mostly for hedging the CSPs. The term stochastic refers to the Welcome to FXGears. If you apply a strategy without thinking about price action, it'll never make you profitable. My Easy 5 Min Scalping Strategy. Simple, well-known strategies are going to be the ones that more people are using. It has way too many factors which impact it. The best way to scalp is to use the higher time frame for analysis, take position sizes that will not cripple your account, following your strategy and stop loss and take profit placement. Posted by u/Taolou - 12 votes and 19 comments We would like to show you a description here but the site won’t allow us. Look up for example "round number scalping strategy" its easy basically when prize is getting close to some round number like 100 there usually is quick prize move and you can capitalize on it. if you need more explanantion and the I was also scalping gold past week. Yeah Ive managed to come out positive with my profits in the end manually trading, but unless youre scalping with bots optimized for that trading style honestly its more of a gamble in my opinion. I am Welcome to FXGears. This is completely dependent on your strategy, how you read the market etc. I'd say move away from robotic indicator focused trades and try using more chart patterns. Scalping is very subjective in my opinion. true. Scalping can be achieved by using the stochastic oscillator. Articles, links, etc are all welcome. The ONLY Multiple TMA FOREX Trading Strategy You Will EVER youtube upvote r/ProfitingForexTrading ---Best Forex Trading Systems: TradeJuice & Forex Trendy Review---Let's set up the Reddit Scalping Strategy. ; Stop-loss: Place stops below recent swing lows for long trades, above swing highs The strategy uses a custom indicator I coded for trading view which is 100% free - just DM me or join my DC link in bio. i use the daily pivots points to determine target profit exit and stop loss levels. ; Exit: Use a fixed pip target or wait for an opposite crossover. In this strategy, traders use a 1-minute chart to Welcome to FXGears. I’m just really ecstatic to put into action and execution my 2. The ES is one of the most popular trading vehicles in the world, so scalping it is also common. I've worked myself up to a $10k position on each trade. The best indicator for scalping gold trading strategies is oscillators such as the stochastic indicator or MACD, RSI, stochastic, etc. In this subreddit, you have the freedom to self promote your youtube vids and any other videos “Scalping” is just a silly term for short-term low-point trading. The EMA indicator is regarded as one of the best indicators for scalping since it responds more quickly to recent price changes than to older price changes. The main strategy that I currently trade on uses a 30 sec and 1 min with a 3 min to check for divergences. The most liquid pairs are the biggest currency combinations at the right times: EURUSD or GBPUSD during the London open. Nice strategy! have you tried it on currency pairs? Every strategy has a different edge. It can see volatile a random pair to trade. If you find you like scalping as well. Its established history and widespread adoption contribute to its attractiveness for scalpers. Binance Review Try to backtest your new strategy if at all possible. It's not uncommon to see scalpers having upward of 80% as winrate. Or you can scalp while your main trades are working themselves out. otherwise its full account trading for small moves over and over, i despise utilizing and really risking more than 10-15% of the account on any given position all it would take for the market is a few wrong scalps to spin your account and from there Binance fees are good actually (<. The 30 sec will have more false signals than the 1, but the trade off is it will also have better entries for scalping if you learn how to filter the false signals out. Indeed, each of these indicators - Stochastic, RSI, and MACD - provides a unique perspective on price momentum and potential reversals. 2-0. The hardest part of options is picking the right option strike that won’t decay faster than it gains in price. S. EDIT These are nice trades though Being profitable with something like a PATs strategy scalping one point requires a much higher win rate than swing trading supply and demand zones, especially if you trade low amounts of contracts. I use FP Markets because their spreads are also stable even during volatile conditions, and there is no No-Dealing Desk. Now, since the spreads are so low, I want to give scalping a shot. What is the best way to scalp crypto on 5min charts? Currently I use ema 10 and 20 indicators for trades but I usually get the conformation late and can’t find the right exit time. There is always gonna be variance and random distribution of results, even with a successfully tested edge. When it comes to high, it can go up for a moment but in a long run it will inevitably lead to loss. Reversal Strategy: Bet on stocks that seem to be turning around. Gold investment for IRA accounts. I’ve tried trailing , but it seems that it gets stopped out more often than not from small pullbacks. Gold Scalping Strategy – All You Need to Know! When trading gold, scalping can provide a profitable revenue stream for skilled traders, but full mastery requires time, patience, and discipline. also 13 50 moving average cross over is one of my entry rules. I have been told and seen many times that these time frames are the worst to trade on Gold as it’s very volatile and random. Gotta learn price action too. See scalping is discovered because no one knows the direction and traders pick every small moment that is occurring and not hope for big trend. I want to get super consistent as well and I am looking for the right strategies and what works for me, since I didn’t have luck with two legged pullbacks either. In your opinion what is the best stop loss strategy for scalping really low time frames like the 1-5 minute. Just make sure not to just pick the strategy with the highest Sharpe Ratio or highest profit, because that'll probably lead to overfitting since you're picking out of a lot of strategies. Gold Scalping Trading A place to discuss forex strategy, ideas, analysis, and concepts. com Visa Card — the world’s most widely available crypto card, Welcome to FXGears. Currently using trend + Williams %R with 0. In this discussion, let's share our most effective crypto trading strategies and learn from each other. Therefore, for novices, I recommend that you first become familiar with and master the trading of other currency pairs, and then gradually gain a deeper understanding of the characteristics and risks of Welcome to FXGears. I've never done it before since the spreads were so big and I always used a different strategy. I trade crude oil and sometimes gold. A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. Edit: id like to add that a 50% win rate is quite low for a scalping strategy it should be up around 70-90%, at least in small cap nasdaqs, i dont know about futures. strategy works for nasdaq 100 as well. Why? Because scalping allows traders to capitalize on small price movements in a How to use a gold scalping system and strategies. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. Best Scalping Strategy in Forex Trading 2024 | Profitable Scalping Strategy #xauusd #gold This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. Even the simplest strategy requires complex infrastructure to execute. Markets in which to operate: This strategy can be put into practice in all markets, including Forex and precious metals. So I don't even look at strategies where they're not talking about resistance and support lol. I found I had to adjust my setups quite a bit for the second half of this year. A place to discuss forex strategy, ideas, analysis, and concepts. Then questions came like this, ok scalping is good and have high probability but how to do scalp. my subreddits. The MCAT (Medical College Admission Test) is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. That doesnt account for the different strategies there are for scalping. I’ll hold slightly longer if there’s obvious Despite what people saying, scalping is a perfectly workable strategy for retail traders, but, overall, scalping requires more sophisticated risk management. 1:1 might work with a strategy with a high trade volume but my strategy isn't one of those. For scalping, the best choice of broker is an ECN because they have lower spreads, so brokers like Global Prime and FP Markets are good choices. Find out the best scalping system by following the easy step guide. knowing the technical levels the big guys use for gauging/mediating price strength and then trading directly on their back. Think of it as trying to catch every tiny wave in the ocean rather than waiting for a big Welcome to FXGears. Not to mention scalping strategies are very hard to stick to unless they are automated. PATs has been a successful strategy for over 20 years now from what I understand in any type of market condition, so I’m literally betting on it continuing to be remain an edge. You can scalp this pair all day long. They have the ability to indicate price fluctuations and suggest optimal moments for entering and exiting transactions. r/scalping: The home for discussion of stock and futures scalping. Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. If you really want to invest and make cash then trading with high leverage on a 1 minute scale isn't the best way to go. But The Truth is Only You Know The In And Out Of Your Strategies. Personally, I prefer the NQ for the volatility. View community ranking In the Top 1% of largest communities on Reddit. Searching on YouTube and Reddit for a strategy won't land you something interesting, been there done that. Breakout Strategy: Jump in when stocks break their usual patterns. We also encourage members to post news, rumors, and updates related to the game. Seneca This sub is dedicated to all the investors and traders passionate about the Uranium market and to all the people, scientist or not, who believe in nuclear energy / nuclear power generation to Get the Reddit app Scan this QR code to download the app now. I think the fast paced movements and being able to jump to content. Users equip NFT Sneakers – walk, jog or run outdoors to earn tokens and NFTs. That’s your strategy for the entry pattern you look for and you’ve clearly optimized it to work for you. Had a profitable scalp earlier where I used both. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. com is the best place to buy, sell, and pay with crypto. With Traveling Trading are the only 2 momentum traders worth watching and learning from. 1st wait for a trend to form 2nd buy the pullbacks 3rd set SL at swing high/low or 25 pips 4th Set a 1:1. Al Brooks - Trading Price Action Trends - Technical Analysis of Price Charts Bar by Bar for the Serious Trader Bob Volman - Understanding Price Action - Practical Analysis of Here's a better question: is scalping in any form a reliable strategy? Yes, there are plenty of people who do it. READ MORE: Join Capitalist Exploits Newsletter for Free Tips. Time frames in which to operate: This strategy has been designed for time frames of 5 and 15 minutes. If you’re new, then “scalping” is the best way to lose most of your equity within a few weeks. Learned this the hard way. Cryptocurrency trading can be both exciting and daunting at the same time, especially for those who are just starting out. The secret sauce for me has been the timeframe/lookback interplay. So enter quick, collect pips and out. Make sure that for whatever timeframe you are trading you have enough ongoing volatility that making your profit target (including fees on the position) from entries is basically guaranteed. New comments cannot be posted. I love how volatile it You gotta find a method that suits your personality, it sounds like you’re more of a longer hold type of trader so use those strategies for yourself instead. The #1 social media platform for MCAT advice. I’m looking to scalp on Gold - even quick trades on 15 and 5 mins time frame. This will not always be true obviously. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. Gold is a commodity it prices are heavily influenced by basic demand and supply even more so than forex pairs. This makes the Welcome to FXGears. We call the indicator the MEERKAT! The strategy is simple. Scalping is never made for trend stocks because of higher failure In this article we will discuss how the gold scalping strategy can be risky but still a good choice for those who anticipate higher gains if compared to those generated when buying or selling the precious metal physically. But i do agree gold can sometimes move 500-1000 pips a day. Your problem with the 2:1 strategy is most likely your mindset, and that’s perfectly fine. There are certain market conditions that lend themselves well to scalping. One of the most crucial things to being successful as well is to take quality Welcome to FXGears. Hello guys, can anyone suggest the right way to enter the trade on 1 minute or 3 minute timeframes for scalping? Well, in general, I'm using the "Bollinger Bands" scalping technique, which means when candlesticks cross the upper BB bands, I enter short selling, and vice versa. Some of the best strategies utilize “now or never” Approach. Hey guys im new trader, doing it 1year and wanted to read some advice and best strategies you guys got. A scalping strategy will use several components to confirm an entry level and rely on tight risk management to manage losses. Traders use this technical indicator for obtaining buying and selling signals that stem from crossovers and divergences of the historical averages. For ES I look at 20tick reversal bars to draw levels and then 10 or 5 tick reversals for entry. I focused on scalping gold and after 5 or 6 profitable trades, I'd have a 5 to 6 consecutive losing trades. MACD is a mixed bag, it can be very right or very wrong but always too late. The strategy utilizes the Relative Strength Index (RSI) indicator along with its moving average to identify potential trade setups based on divergences between price Likewise, different combinations of the RSI can also be tested to find which RSI pair produces the best results of the strategy. No At least 2 times a day there will be a broad squeeze available for scalping timeframe players to participate in (intense move with strong deltas and without pullbacks). It's more about taking very high probable small-movement trades. I am very got into trading XAUUSD whats the I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). The best way to scalp is with a tick chart + 1m chart or the price ladder. 50c and I set my stop at that level that way I lock in my daily goal. 0 spot gold trading strategies. For day trading I look at the 4h and 1h charts, take entries on the 5mn chart (30 to 40pips I’m out). I kinda regret why it is only now that I have backtested and observed gold in depth. The EMA Indicator. I have seen such YouTubers and I am ready to bet that they only show you the best days, try not to get fooled into thinking that you can have a 100% win percentage, there is no such thing. . Scalping has been replaced by high frequency trading, so the only thing left that you can focus on is day trading on minimum 1 or 5 minute timeframe, but typically it's easier if you're on 15m or higher timeframes. I suspect we will have similar market conditions at least for the first half of next year. if you don't have your own ideas for gaining an edge in various market conditions then you will not make money. What is XAUUSD Scalping? Scalping XAUUSD refers to a trading style that focuses on capitalizing on small price changes in the gold market. Matt Diamond YT Channel and Eric M. The “XAUUSD 1-Minute Scalping Strategy” is a short-term trading strategy specifically designed for the XAUUSD forex currency pair on the 1-minute timeframe. Scalping Strategy: Make many quick, small trades for little profits. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Can anybody share some scalping strategies that worked well in the market environment this year? Or maybe some setups you have backtested. comments sorted by Best Top New Controversial Q&A Add a Comment AriesWarlock • Additional comment actions. I was still profitable, but it mentally drained me, so I changed my strategy and started looking for more long term trades on multiple pairs. # Advanced Gold Scalping Strategy with RSI Divergence ## Overview This Pine Script implements an advanced scalping strategy for gold (XAUUSD) trading, primarily designed for the 1-minute timeframe. This trading strategy was developed by a trader who trades Futures and currency pairs. You learn to recognize certain patterns and act on them. EMA Scalping Strategies 1. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. Share your strategies, tips, and favorite moments with fellow fans. You won’t always win but I have found that if you play it right, you can win most of the time. Honestly, do not learn about candle stick patterns, they are meaningless and will ruin your trading. Optimal is getting filled on the bid and selling out on the ask. Stochastic Oscillator Strategy. What if i told you that there is a live streamer who publicly bought the weekly highs twice and sold the weekly bottom on gold. One thing I would say is a 60% win rate isn't always gonna be a 60% win rate. I might try FTX, lower fees but less pairs to trade Understanding Scalping in Gold Scalping Strategies Best Indicators for Gold scalping & How to use them for Scalp trading 1. Strategies for the Fast-Paced Day Traders: Momentum Strategy: Ride the wave of trending stocks, quickly. Prices are driven by trades. Keep Refine It And You Will Find Your Edge In The Market. I have a scalping strategy live there generating steady profits. 1K subscribers in the ForexCracked community. Moving average strategy. Parabolic SAR Indicator Strategy. And Sometimes the desired entry or exit price is only available for a couple seconds. GOOD VIBES ONLY🥇 Luck is what happens when preparation meets opportunity. Personally, I find value in using both the MACD and RSI in my trading strategy. I would suggest using AMP Futures for your broker, and selecting Rithmic for your data feed. 65 sell and 1% stop. According to the author, he has successfully applied it to trade the Russell 2000 on 1 minute charts. Welcome to FXGears. There are several trading strategies that traders use to buy and sell cryptocurrencies, manage risk, and maximize profits. For scalping I use the 15mn timeframe to establish short trends and take entries on the 1mn or 3mn charts (5 to 10 pips and I’m out). Ill definitely check back in, in 3months regardless of obvious sarcasm. Anyone here who currently trades Gold on these lower time frame and is consistently profitable, please could you drop some advice. This strategy uses two EMAs: a fast 5-period EMA and a slower 13-period EMA. Crypto. S/R zones are beneficial to any strategy so using them would be a good idea. Sizing those up and Been scalping MNQ profitably for the past month and a half and it’s been proving well for me. All I need is $. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms I'm looking for the best forex broker for scalping and could use some advice. Trading the right Stock is 50% of the strategy. So, a backtesting with an optimization can be quite useful. All of your brain power must be focused on how the price moves. Remember, successful scalping requires thorough market analysis, risk management, and swift execution. It will eat your account for breakfast. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. But it requires that you backtest to find out what works or not. Slight misconception - scalping doesn't necessarily mean tons of trades per day. com, a trading forum run by professional traders. The fun part starts when he you get to know he runs a paid group and has nearly 80k subs on youtube. For scalping you dont use trailing stops at all. 5 pips. BTC might not be the best pair for scalping though : Binance is great there too since you can trade many pairs. He is my best sentiment indicator and counter trading him has yielded almost a 100% win rate. Generally one has to market order into fast moving stocks or ask+0. If after 3 months the results matched your expectations you can consider investing real dollars. Best of Reddit; Topics; Content Policy; Silver Trend Following Scalping Strategy for MT5 FREE Download 😍😍💸🤘 Get Premium EA and indicators ,lessons strategies free everyday 💸 Link in Bio 💸#forex #forexea #forexexpert #forexexpertadvisor #forexexpertadvisorsfree #forexcracked #freeforexsignals #freeforexearobot #forexrobot # That are probably the worst conditions for a retail trader with no experience to start with Trading isn't done properly in a year of hustling, it's not won by learning and trading 8 hours a day for a year and it certainly isn't mastered by only trying out Learn this Simple Scalping Strategy that uses the Best scalping strategy indicator. What is Gold Scalping? what is the best time to scalp gold? technical indicators for XAUUSD, pros & cons and more. I Bob Volman - Forex Price Action Scalping an in-depth look into the field of professional scalping. The Classic 5/13 EMA Crossover. 05 for protection, and throw out limits near the ask to get out ideally until it I stopped scalping a few years ago because I had the same problem. A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. This provides much better opportunity for scalping. best book that includes guide to implementing algo trading software or best platform that I can use to implement scalping strategy without wasting 100+ hours on python script? if there were a prescriptive solution then it wouldn't work as the markets are a zero sum game. /r/MCAT is a place for MCAT Don’t trade gold if you’re new to trading. That is just one example, where I've had the best results. Join us to explore the game's challenges, mechanic's, lore and environments and share our love for this thrilling game. It is particularly popular among day traders who wish to capitalize on the volatility in gold prices. 47 votes, 87 comments. You should not be relying on indicators alone to develop this sense. It doesn’t move like forex pairs. Overview. Scalping is a difficult strategy to execute successfully. in a perfect world. There's a high chance that the best performing one, even It took me around 1000 hours or more to get here. With more than 10 years of experience in trading, I have found the best gold scalping strategy. Hey I’d say scalping involves a certain amount of intuition. And I think there are relatively few market participants. Opening range breakout or high of day break is what I usually play. The EMA calculation prioritizes recent prices over older ones, averaging the asset’s price over a specified time period. I’m willing to learn. Entry: Buy when the 5 EMA crosses above the 13 EMA, sell when it crosses below. What indicators you may need for gold scalping. Even the big boys understand the market is not predictable beyond 5 minutes. The best scalping strategy for gold varies based on market conditions and individual preferences. I am a couple weeks in using this strategy and becoming increasingly profitable. To score quick points on forex you need liquidity. You can eventually combine them to get the best of both worlds. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Or check it out in the app stores Gold Scalping FOREX Trading Strategy- XAUUSD (High winning Locked post. Is it easy? That depends entirely on you and how you manage risk. I mainly scalp ES, but I think NQ is better for scalping. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements that uses a dual-token system. 2 days around 50% gain and third day (Friday) around 90% loss :))) Before that had some successful trades over the long term, even one on news, all on low leverage. Are you interested in day trading or scalping? Big difference. There is no one size fits all. Reddit Forex Scalping Strategies: 1- Scalping trading using the stochastic oscillator. For about a year now I have been trying to find a scalping strategy (1 minute or 5 minute) that has a high win rate and at the same time also provides at least 2-3 trading opportunities in a forex major pair every day. Fighting for price is throwing out orders when those few second opportunities appear, stopping out, and getting back in or adding during the “now or never” moments. One of the biggest factors being spread on the asset youre trading. If your main strategy works, continue to use it. Traders use the EMA to analyze an asset’s price movement. Over the course of the last 2ish years my strategy has become entirely dependent on the the pricing of the options. I really like the moving average strategy if you are simply scalping stock as you just have to get the direction right Nd you are good. Can’t wait to start That particular strategy gets the best results right when the market opens at 9:30 and after halts, but also happens during the day. Ema, Rsi, Vwap- with a trend. If you must use an indicator, I suggest one that can average out buy/sell tick volume to help reduce market noise while using the lower timeframes. edit With more than 10 years of experience in trading, I have found the best gold scalping strategy. My point was that others’ entry strategies may have such a lower probability of running and higher probability of short term reversal that, in those cases, TP at the point that the majority of cases reverse is the more profitable play. e. A choppy day for gold means its stuck in a 100 pip range. If anyone has a better strategy then pls suggest. It can move in one direction for weeks without pullback. So what is the best place to start ?? Scalping is best on dastrader. Referencing your comment you have a 100% win rate scalping your first two days. Unlike other trading strategies, scalping is all about frequent trades and quick exits, usually within minutes. Instead, longer-term trades with bigger profit targets are more suited. Profitable strategies can predict the behavior of the simple strategies, and trade based on that. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. bgcl wupioc xgxrn wnfhbqv omfcq xbhwd ebwih vcf ehyy ibkxbct