This is a very high frequency system and we don't like to call these on text. We prefer to use voice chats to call these entries and exits because it's very high speed. Over the course of an hour we could have 3 entries and exits. Typical trade times are under 10 minutes. First we look to the stochastics from the 5 minute 15 minute and 1 hour charts to see their direction. We always trade in the direction of the 5 and 15 minute stochastic. We identify the ABC pattern on the 1 minute chart and then draw an equidistant channel from the highs in an uptrend and place the parallel on the recent low. A break and close below the parallel is an entry short. We target ABC patterns for profit. These moves are very fast as you'll see in the video.
1 minute scalp intro
Posted by Gatersaw | 5/03/2008 05:58:00 PM | 1 minute scalp, abc patterns, equidistant channels., high frequency scalping | 0 comments »
Subscribe to:
Post Comments (Atom)
FEEDJIT Live Traffic Feed
Categories
- 1 minute scalp (1)
- 15min system (1)
- abc patterns (2)
- aussie dollar (1)
- burn salt water (1)
- carry trade (1)
- contraction (1)
- CTA forex (2)
- cure cancer (1)
- currency indexes (1)
- currency indicies (1)
- currency speculation (1)
- emergency medical id (1)
- equidistant channels. (1)
- expansion (1)
- forex (1)
- FOREX trade group (2)
- franc (1)
- fund raiser (1)
- FX (1)
- global financial (1)
- high frequency scalping (1)
- interest rate arbitrage (1)
- intro how we trade (1)
- jpy (1)
- liteforex (1)
- MB Trading (1)
- MBTrading (1)
- newstraderfx (1)
- NFP (2)
- nfp prediction (1)
- personal health records (1)
- pinky and the brain (1)
- radio waves (1)
- rio tinto (1)
- school fund raiser (1)
- skype group (1)
- spread (1)
- tightest spreads (1)
- trade calls (1)
- trendlines (1)
- usd intervention (1)
- usdjpy (1)
Contact Us
0 comments
Post a Comment