toons, yes, i wait until this situation happens, make sure it is on resistance then trade it for 5 pips. if it goes against me i wait for oversold/divergence again then re-enter. i do these all day long. obviously you must set your own stop loss ...

EUR/USD Scalp 1 min

Here's a couple beauties. Let me know if you guys have questions. Waited for price to get near pivot/murrey in each instance (be patient or take them), RSI was over 80, price was pushing the edge of the bands, and price was away from the 5 ema. You ...

EUR/USD Scalp 1 min

I'll get some images up here soon. Trying to figure out the best way to do it. You'll notice on some of the trades that they seem like a complete winner no matter what. Anything can happen, but I thought about sitting around and waiting on nothing ...

EUR/USD Scalp 1 min

This is the hard question to answer. Yes, I believe in certain situations I am using all of the indicators, but my success is based on the feel and visualizing when we are due for a retracement based on the look of a wave. I think that comes from ...

EUR/USD Scalp 1 min

Thanks leinad. I have the bollys on mine too. Great set up when the price is outside of the bands. If price is overbought/sold and outside the bands and hitting support/resistance it is almost a lock. Some trades I am in for a few seconds, and I ...

EUR/USD Scalp 1 min

I usually trade the NY session in the AM.

EUR/USD Scalp 1 min

Hi there, Using RSI(8) with levels set at 20 and 80. Had sixteen positive trades today. The key is to wait until RSI is overbought/sold as price hits support/resistance. Even better with divergence. I sometimes add to a position if price moves ...

EUR/USD Scalp 1 min

I shoot for 5 pips and normally get about 10 trades per day. So I am looking for about 40-50 pips per day. Things move fast on the one minute, so I have a hard TP at 5 pips every time I open a trade.

EUR/USD Scalp 1 min

Excellent. Glad to hear it's going well for you!

EUR/USD Scalp 1 min

More...

EUR/USD Scalp 1 min

Rough day today, but if -297 is your worst day in 11 months, I don't think you have anything to worry about, especially if your average take is around 200 per day.

5 minute Wave Analysis. (Intraday price action method)

Hi guys, About how long do you trade for in the room? Do you trade right in to the New York session?

5 minute Wave Analysis. (Intraday price action method)

Cool system. Do you have any stats on what the chances were that all 7 would be open at any time? Also, do you know what your largest daily drawdown would have been?

Simplest Daily EMA Cross System

Spud, Were the stats you posted earlier for this same system?

Spudfyre's Stochastic 5 Minute Trade

What happened to all of them?

Spudfyre's Stochastic 5 Minute Trade

Great results, Spud. Interested in hearing more about it and seeing your live trades. Thanks for posting.

Spudfyre's Stochastic 5 Minute Trade

Just to update, I've used this twice and won both times. Still trying to figure out how much to put on each trade and when to TP and SL. I went into drawdown about 2% this morning but held on and made 3% on demo.

Trading system using relative strength

Cool.

Trading system using relative strength