Scalping gold reddit. Scalping is for the big boys.

Scalping gold reddit I prefer gold because of the volume it offers, as it has an excellent amount of volatility. Even with a laptop, better to get a system that also includes a decent GPU alongside it's integrated graphics chip, which has the option of designating particular programs to be run with the GPU support and memory, such as individual trading platforms as needed (that could use the gpu resources for better performance since it may be lousier than other more 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! for scalping using a lot size calculator website? And Here is my perspective and philosophy on scalping. Prop Firms I scalp forex and gold on M1 and us30 on M5 during london and ny. All of your brain power must be focused on how the price moves. Don't fix what isn't broken. NQ/MNQ is great for scalping imo though as long as you figure out how much noise you're willing to deal with Gold will not move enough on a 5min time frame to be worth it for you regularly, and CL is harder to trade and has a lot of macro aspects your better off not focusing on while new. 2/ Dxy sometimes has opposite move to gold but its by no means a trade signal as often they will move in the same direction. Spreads are generally decent for S&P. best forex broker for scalping? upvote r/Forex_Robots. But too often, this formula wasn't working well. If we are trending the scalp off vwap is almost guaranteed because of how algos will play it. That doesnt account for the different strategies there are for scalping. yes we live emotions but much less than in scalping / we have more perspective on the price and we have time to think. Snipe scalping can work good if you know what ur doing, but not scalping with set stop losses. Check for any specific rules during news events or volatile times. Example: When gold was just under Welcome to FXGears. I am basically a swing trader. Had a profitable scalp earlier where I used both. 6K subscribers in the DayTradingPro community. intraday is the middle ground between scalping and swingtrading. I scalp the 15min. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So I've recently been having some successes with scalping gold XAUUUSD, I wanted to get some other opinions about it. My goal is to make 2-4 trades a day and turn a profit (mostly spy). I just don’t want to violate and waste a $100K account. It is particularly popular among day traders who wish to capitalize on the volatility in gold prices. Those who truly scalp and make money trade other markets with tight spreads and fixed commissions. Reply reply Welcome to FXGears. Really need to be patient with entries and identify supply and demand zones along side using fibs and moving averages. Follow it into the close. When you mention certain prices, are you referring to cash or the gold futures contract? I would assume the futures contract, but there would be a different one in play back in March. Or check it out in the app stores &nbsp; 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. Join our community for valuable day trading insights, discussions, and resources. I use 3 minute heiken ashi charts to identify when i plan to make an entry and 1 minute charts for my axtual entries (enter on pullback that isnt visible with heiken ashi. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. It's fucking insane how fast he's buying and selling. If you decide to scalp the NQ, make sure you test run it before live trading, or start with micros MNQ/MES to There are so many gurus and content creators out there right now teaching PATS, scalping 2,000 tick chart, 2 legged pullbacks, you know what I'm talking about. Gold makes very nasty fakeouts more often imo. You might want to learn and use RSI divergence in trading gold. There was some news on the 30th last month I wasn't aware of, and it $2800 profit scalping gold . Welcome to FXGears. Is very vocal about scamming influencers and often goes after them, often getting blocked. I started scalping gold for fun and I found 3m for entries work best for me Welcome to FXGears. Look for brokers with low spreads and reliable execution, such as AssetsFX. Scalping futures might just be hard af. Q&A. I'll play around with RTY and platinum since the move a little different than the rest. Not to mention scalping strategies are very hard to stick to unless they are automated. Send a Message. e. Articles, links, etc are all welcome. Or check it out in the app stores Scalping Recovery EA FREE Download [Update] 😍😍💸🤘 Get Premium EA and indicators ,lessons strategies free everyday 💸 Link in Bio 💸#forex #forexea #forexexpert #forexexpertadvisor #forexexpertadvisorsfree #forexcracked # Selling a Gold EA that I personally use that provides me consistent income/profit. 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! I’m looking to scalp on Gold - even quick trades on 15 and 5 mins time frame. Keep in mind that big players and HFT move through liquidity ranges. Gold/Silver is around 200:1. Obviously in scalping the footprint impulses dominate, but all of the above layer on situational biases and fine tune decision making. Usually like a 72 tick TP but will sometimes pull profit early if the expected move is happening with less conviction than expected Welcome to FXGears. I personally run a 36 tick stop loss on NQ and MNQ but I scalp on the 5m and 1m charts for 2 periods and 6 periods respectively. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other I’ve been trading for around 2 years now and tried literally every pair, every strategy every YouTube video, everything. Trading ideas all about XAUUSD Incase someone is interested in a copytrading system that actually works The good thing is I was able to filter more and make my strategy better because of gold’s condition this week. I've found it works better swing trading based off longer term resistance patterns. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and Honestly think you should risk about $10 per trade, and try various kinds of trades, eg scalping 15-20pip, looking for bigger trades of ~40-60pip, try and find a 100pip trade etc. 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. Keep Refine It And You Will Find Your Edge In The Market. Ensure they are regulated and have a good reputation for handling scalping. Discussion should focus on the To put it another way, if you’re scalping and it moves against you quickly, you were wrong. 4. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! While I can identify break of structure and change of character, I am eager to learn the essential steps for gold scalp trading. without the whipsaws trading is really just 50/50 which means a 2 to 1 reward to risk to make money after commissions, you could essentially toss a coin to make your judgement. It's more about taking very high probable small-movement trades. It’s not. If you are in US try the free commissions plan on Tradestation and just trade there. If you make just $500 a day, that’s $10,000 a month. You have to have a losing mindset to go on Reddit on someone’s winning trades and call it luck. Old. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading r/scalping: The home for discussion of stock and futures scalping. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! That was from scalping nothing but gold on every session. Technical Analysis Share Add a Comment. Or check it out in the app stores &nbsp; gold scalping strategy . But you need price action, reading candlesticks, volume price analysis and a good on stock direction before you even look at an indicator. A few days ago gold skyrocketed 400 pips in one minute. you will just loose all your money. upvotes r/Forexstrategy. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! stimulus and mine closing in south africa. I can't get a consistent 20-day green, for example. 65m) . What can happen, for example If you set a 20 pip stop loss and the news goes against you, the price will surge so hard that your 20 pip stop loss becomes a 100+ pip loss. Closing bell I look for price movement. These signals are generated by experienced and professional traders who analyze the market and identify potential trading opportunities. 1000 barrels of crude oil costs me $1000. scalping on gold now is really bad,only mid-long term is reasonable Welcome to FXGears. After 15 yrs of day trading, I found that scalping for few ticks is the only way to be consistent, like baseball approach in Get the Reddit app Scan this QR code to download the app now. I'm not sure why. Gold is a store of value and a hedge against uncertainty. we will see this high spread for the rest of teh week at least. Then questions came like this, ok scalping is good and have high probability but how to do scalp. You can scalp this pair all day long. Top. Members SoulFX “Scalping for gold” Share. meaning, your broker is scalping their “traders Posted by u/Taolou - 12 votes and 19 comments Try trading different products. S. On this community our goal is to share most latest forex trading manual and automated strategies. I just wanted to know where my focus should be if I wanted to trade long term and eventually as my primary source of income. 1K subscribers in the ForexCracked community. Why? Because scalping allows traders to capitalize on small price movements in a matter of seconds or minutes, leading to multiple profit opportunities within a single day. If NQ is being choppy or ES is slow as hell, try gold or silver. I scalp too so spread is really important to me. Dollar) are often a go-to choice for high-frequency traders. Made several thousand last couple weeks doing this on AMC, GME, CLOV. Valheim; Genshin Impact I have seen a lot of day trading scalpers rate Gold very highly when it comes to scalping, so much so that a lot of people only trade Gold and do not even look at any other insturments. 3/ I know some metals traders who follow mining more than other metals. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! maybe scalping work but I’m a swing trader so not (5-10m). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I dislike Gold unless there is a CLEAR trend on the 4hr but scalping nah km good for now Gold I usually am looking for buy set ups from support and resistance or based on Welcome to the WoW Economy Subreddit A place to discuss the economy in World of Warcraft. I read in many places that trading gold is the most difficult asset, but like you, I want to trade only this. Or check it out in the app stores &nbsp; Gold Scalping no loss Account started with $500 and now its total $1479 at the end of this week. Does ftmo or mff has tighter spreads? I pay $0. For day trading I look at the 4h and 1h charts, take entries on the 5mn chart (30 to 40pips I’m out). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You literally can't scalp fx, as explained to me by an actual market-maker. A choppy day for gold means its stuck in a 100 pip range. r/Forexstrategy. Can In the fast-paced world of forex trading, scalping strategies for XAUUSD (Gold against the U. Gaming. Gold is NOT an investment, it is money. I have no idea how to scalp but I was listening to the interview with that guy one here who made hella money from scalping and he's holding for <20 seconds. My opinion on this is it's so widely taught now it's not going to work forever, it's easy liquidity for market makers knowing most of retail is trying to scalp the same strategy. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! To me us30 is easier to trade than gold. especially easier on small exchange with shitcoin. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I tried scalping SPY with renko on the 1m and 5m timeframes, but found it a bit inconsistent. 5 to 10% is my average on the morning scalp. 🏴‍☠ Arr, ye scurvy dogs! Welcome aboard our fine vessel, the Reddit community where we be settin our 3 subscribers in the Goldscalping community. 2 - . BUT because its leveraged i am putting up NO WHERE NEAR that amount in risk. Choosing the right broker for scalping is crucial. 04 seconds in front of the EURUSD market (according to him). I trade crude oil and sometimes gold Can anybody share some scalping strategies that worked well in the market environment this year? Or maybe some setups you have backtested. Welcome to ForexACTIVE, a thriving community where Forex traders, enthusiasts, and learners converge 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. Watch Peter Davies, John Grady and Fat Cat channels. Follow. The dollars we incorrectly call “money” today are merely a short-term medium of exchange and hold no longer term value. With gold I set up copious amounts of alarms because it's highly decentralized so I scalp gold based on retracement and expansion levels. Today (24th of June, 2022) at the time of writing the gold market is quite volatile and although things seem to be settling a bit there's still quite a bit of movement which could be useful for day traders I think. ES around 100:1 and corn/APPL/GOOG are I scalp futures with 2000t (around 7 minutes) and I am almost reaching consistent profitability. But The Truth is Only You Know The In And Out Of Your Strategies. I prefer using limit orders so entries are precise but scalping I usually have to do market prefers as my strategy is close confirmation, and generally it Slight misconception - scalping doesn't necessarily mean tons of trades per day. Lately I’ve been scalping for about 2-4 points. Has a great approach for identifying legitimate microcap plays and invests in them rather than scalping. Are Welcome to FXGears. I am Ok, so I trade gold every day for the last 2 years. strategy works for nasdaq 100 as well. New The best scalping strategy for gold varies based on market conditions and individual preferences. 5 and typically . That $200 on 10 accounts = $2000. 100 ounces of gold costs me $1000. Now you decide to scratch, loss or wait for scratch opportunity. Open comment sort options The community for Old School RuneScape discussion on Reddit. I normally trade NQ, ES, gold, silver and copper. It took me 5+ months and a lot of studying to even break 50%. If you really wanna do some scalp, do it with crypto currency. Scalping Gold without any loss. Even GJ is usually less than 0. But Scalping is a very hard strategy to teach or put into simple instructions because so much if it is about a subjective read of volume, momentum, and price action. That is my personal confirmation. CL is 100:1. Honestly, do not learn about candle stick patterns, they are meaningless and will ruin your trading. I'm only a few months into live trades and have had mixed 1. Despite occasional successful paper trades, I Welcome to FXGears. Scalping is very subjective in my opinion. It's not uncommon to see scalpers having upward of 80% as winrate. Even the big boys understand the market is not predictable beyond 5 minutes. Report Profile. We would like to show you a description here but the site won’t allow us. also you can do more than one transaction in the same day. A sister reddit of /r/wow. Add a Comment. This is a 1min scalping strategy I've been developing exclusively for XAU/USD. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Welcome to FXGears. Don’t go against the trend. And the 15min for my entry. 00 in margin. When it comes to high, it When gold starts trending it will skip a dollar and go up 3-4 dollars then back 2, then trend again and skip another dollar or two. View community ranking In the Top 1% of largest communities on Reddit. Gold is in a very fragile position right now so don’t try to be smart and spend everything long term on it Is scalping gold a good idea? Welcome to FXGears. DakuyaOfficial • What's your average I had a student who would scalp SPX contracts but found success trading futures but if you scroll through his chat history you will find lots of gold nuggets in regard to trading SPY option, especially 0DTE. It’s about finding your setup and trading it, the same as any other time frame. 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). just use the ema for trend filter ie long or short as this would 31K subscribers in the SelfPromotionYouTube community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Prop firm for scalping . Gold Scalping Trading System Explained. Traders using a gold scalping strategy also use the M30 to H1 timeframes to analyze the short-term trend, as trading in the direction of the trend can increase the profitability of the Get the Reddit app Scan this QR code to download the app now Opinion about gc for scalping? And what about trading it with order flow? Controversial. otherwise its full account trading for small moves over and over, i despise utilizing and really risking Stop scalping if your doing funded only scalp live account okay switch to h1 tf and do supply and demand and hold trade for atleast 30mins-1hr about 40-80 pips use a 30 lot which is 30$ a pip don’t worry about DD I did ftmo 25k in 35 mins doing two trades at 40 lots and my DD was-$143 and profit was $10,345 the thing with ftmo about drawdown is your first trade DD/profit matters 5 subscribers in the forexACTIVE community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I use this strategy for both swing trading and scalping, with the biggest difference between our approaches being that I only use one timeframe (though MTF could easily 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. and secular living are welcome. 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. While you're A place to discuss forex strategy, ideas, analysis, and concepts. In this subreddit, you have the freedom to self promote your youtube vids and any other videos Gold chart scalping before and after Gold chart scalping before and after Locked post. Think Are you interested in day trading or scalping? Big difference. If I place a random trade on Silver or Oil or Natgas, I usually make a profit, but Gold is really up and downs. Posted by u/Saloom___ - 1 vote and no comments The best way to scalp is with a tick chart + 1m chart or the price ladder. Or check it out in the app stores &nbsp; &nbsp; TOPICS. Learn trading View community ranking In the Top 5% of largest communities on Reddit. My goal is to net at least $150 a day as side income with trades lasting 2-20 seconds each (appx $4-$20 profit/trade). 530 pips still can’t believe it. No Indicator or EA, just pure naked chart. Finally devised a strategy giving me minimum three four setups each day. I use FP Markets because their spreads are also stable even during volatile conditions, and there is no No-Dealing Desk. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology We would like to show you a description here but the site won’t allow us. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I trade scalp gold pretty often standard stop is $1 and thats tight because spread is between 15-30 I really like scalping ES for 2-4 points at a time continuously throughout the day but I also find trading 2:1 RR minimum on NQ feels so much better to play entering on continuation and wicks. It’s gotta be one of the new price action traders that popped up after Raja started getting new clout. I dont trade it now as I only really trade ES but best hours are ny session for gold IMO. They will exit a trade after a few ticks in their favor cause they do not have a pot to piss in and settle for scraps. My fav pair was eurusd because it feels slower in comparison to other pairs so you have time to find something. New comments cannot be posted. I tried scalping gold but it’s just too fast and unstable for me. com's Reddit Forex Trading Community! Here I agree. The secret sauce for me has been the timeframe/lookback interplay. Daytrading futures, forex, stocks, etc. I also use a trade copier to lower market exposure while at the same time multiplying gains on minimal trades. Will I ever have a problem with FTMO if I scalp gold for 100-300 pips only? Has anyone ever done this? P? Or maybe I should ask this from support? I am not asking for advice or discouragement comments about scalping. I bounce between 10 products. You’re not going to be a good trading influencer if you can’t even illustrate a point in your Reddit posts my man. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I have to agree with others. 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! Lots of people here like to scalp gold and indexes. Scalping gold Reddit Forex Signals Free is a service that provides real-time trading signals for the forex market. Don’t do it, it’s not really a winning game to try to scalp small amounts using Forex. I was pleasantly surprised to find that this scalping strategy helps identify the tops/bottoms of a ranging market as well. My most profitable trades with gold are swings and tbh that's really the only way to trade it unless you are a very fast scalper otherwise you'll get ripped to shreds with how volatile it has been the Welcome to FXGears. I enter around 9:35AM then exit usually by 9:45AM or earlier. A place to discuss forex strategy, ideas, analysis, and concepts. . Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. r/Forex_Robots. You should not be relying on indicators alone to develop this sense. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Share Add a Comment. Get the Reddit app Scan this QR code to download the app now. Note: Backtest it on your own before utilizing it in live market! Agreed with this. 5ers Forex spreads are 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology Welcome to r/InnerCircleTraders, the largest ICT community on reddit! This community serves as a dedicated space where ICT's followers can connect, discuss, and learn from each other. Sometimes waiting a bit longer for profit makes sense, but that’s only if the order flow / your entry reasons continue to support it. Hope that helps. Some type of indicator that might help identify reversals, fake outs, or breaks (not sure if that is possible unless with ATR over a longer time period)? I mostly use VWAP bands and Maybe for swings indicators work, but scalping it's too fast. No fancy charts, DOM Volume Profile only. Us30 is often quite nicely correlated with dax, so you could that for the confirmations Not good for shorting stocks, not good for scalping futs, and you need extra charts : embedded like Sterling or DAS , linked like Tradestation or external like Thinkorswim or Tradingview. Apr 21, 2021 Cake day. I was buying and selling for 1-5 cent differences and made 30-50 a trade Build a system around it. Scalping is already one of the most challenging things you can do in trading, and in Forex is becomes nearly impossible due to its wide and variable spreads. if you need more explanantion and the Get the Reddit app Scan this QR code to download the app now. Supply and Demand Scalping Over the past few months I have been trying to trade supply and demand zones as a primary strategy. The official Python community for Reddit! Stay up to date with the latest news, packages, and meta information relating to the Python I scalp the open bell and 10 minutes to the closing bell. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Do you have any tips for scalping and dealing with the spread, in general perfecting my entry as best as I can to maximise the profit? I try to trade pairs with 20 spread 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. For me, 5min for trend direction, 1m for entries on US30. One of the biggest factors being spread on the asset youre trading. Emotions will screw most of us taking many losses on such short stop losses. com, a trading forum run by professional traders. To establish gold scalping, you will need a typical Forex trading platform such as I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). Valheim; Genshin Impact; Gold Scalping Strategy | How To Scalp GOLD In Forex ( 5 Min chart ) SIMPLE youtube. AU is also probably 90% at 0 spread. Chat. but on forex, everything is controlled by bots. In my opinion, it's more important to focus on money and trade management first. I have it a shot the other day and was relatively successful. The guy who started the thread basically uses delta, volume, and orderflow to trade forex on the m1 or lower. And maybe have a separate acc for gold cause gold has no Sniper scalping like this helps a lot with trailing drawdowns and consistency rules. Never hold overnight. Reddit's home for let's players, streamers, and any other kind of gaming content creator! Exchange tips and tricks! A sister reddit of /r/wow. Divergence really help me a lot you just need to master price action confirmation to enter a position. Sometimes I'll take a look at bonds if the interest rates are being adjusted. 93 Post Karma. # Call of Cthulhu Welcome to the Call of Cthulhu Reddit Community! Call of Cthulhu is a tabletop Role Playing Game created by 4 subscribers in the forexscalping community. The data he gets is from futures so if he was scalping EURUSD that day he'd get his volume/delta data from EU6u22 futures which is often 0. I get another 5 to 10% profit on that play. 70% SL. This system is based on custom technical indicators for Metatrader 4, so unfortunately it can only be used on this trading platform. Scalping is for the big boys. So you need to kinda find what feels best Welcome to FXGears. Gold is a commodity it prices are heavily influenced by basic demand and supply even more so than forex pairs. The definition of scalping morphed over the years with all these retail traders who are scared shitless. ($165k - $1. If you wish to Welcome to FXGears. People that are afraid to scalp don’t know how slow the 1 minute chart really is when you treat it like any other time frame: WAIT FOR YOUR SETUP TO PRESENT. You can eventually combine them to get the best of both worlds. Discussion should focus on the theory and practice of making gold Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’m on my 2nd month being profitable scalping gold on 1m tf entry. Everyone thinks scalping is about clicking the button 100 times a day. Block Account. upvotes . Minimum 300 trades and tell us what you find out At first it may be tempting to scalp for a single point but if you attempt a trade where a 1:3 risk reward looks good then you can move your stop loss to be in the money and slowly follow the trend by moving each stop with the direction of the trend. Leverage: i normally trade between 100-1000 ounces of gold. Hopefully my Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. Then later get a good strategy down. I worked for it, put in all my experience ideas intuitions and backtested long hours. 09 a micro side. It's great that you prefer MT4 or MT5; many brokers offer these platforms. 1hour for a signal. I got three setups so far today. The secret of scalping in general is what I call explicit trading, i. Open comment sort options. Related Topics Prince Pop music Music comments sorted by Best Top New Controversial Q&A Add a Comment. 2 gold movements that were quite interesting & somewhat predictable. But i do agree gold can sometimes move 500-1000 pips a day. knowing the technical levels Which time frame/s are best for scalping gold (XAUUSD) and why? The time frame is irrelevant Welcome to FXGears. 4/ for me it used to be fomc With more than 10 years of experience in trading, I have found the best gold scalping strategy. In this strategy, traders use a 1-minute chart to 6. So enter quick, collect pips and out. GU, UJ, USDCHF, USDCAD are probably like 80% at 0 spread. 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. I do cut my losses short around 2-3 points but more times than not it goes my way shortly after I closeis a stop loss of 2-3 points to tight for /es mini? A sister reddit of /r/wow. A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Welcome to FXGears. So I have a question for people scalping at M5, do you look at higher time frames to compare before executing your trade, or not? Why and why not? Background: I am a M5/M15 scalper and I am profitable using these time frames and Peter Davies Jigsaw 'scalping without charts' method. My biggest Gold Trade was last Friday . lol, dont get baited in the forex scalping scam. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 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. Personally gen spends a View community ranking In the Top 1% of largest communities on Reddit. i use the daily pivots points to determine target profit exit and stop loss levels. Only on meme stocks. People already scalping the Gold Experience Reissue. I’m up 5% on my live funded account. Has absolutely no services, referral links, or anything like that. Really good for currency futures. ahhhhhhhyeah • I've personally found that gold is not easy to scalp. Gold scalping is an ultra-short trading strategy that relies on technical indicators and price action on the M1 or M5 timeframes to find entry and exit levels. Discussion should focus on the theory and practice of making gold in World of Warcraft. Trading Gold. You could possibly find some confluence that indicators can help you confirm a breakout or trend change. I use the Day trend for direction. Be the first to comment Nobody's responded to this post yet. I mainly scalp ES, but I think NQ is better for scalping. also 13 50 moving average cross over is one of my entry rules. If we are ranging it's a lot more dangerous to try to play vwap as we could just melt right past it as algos are trying to play the edges of the range. upvotes I scalp the one-minute timeframe and I think an oscillator would be helpful. Be careful of any high impact USD news though. Haven't had any issues yet. Too much wait for the trade setups and target reach made me think of scalping gold for instant gratification aka quick profits. Scalping is never made for trend stocks because of higher failure 1/ I used to trade gold a lot with cfds before I moved to futures. It can see volatile a random pair to trade. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! My advice probably like many here would be start a demo and a myfxbook and trade your 1m scalp strategy for a few weeks. Download HERE. Gold is not intended to make you “rich” and I never claimed it to do so. 40-. 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. This is also a weekly chart so is this person placing trades on a weekly bias or scalping 10-20 pips a move? Big difference in swing trading HT and scalping 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. You learn to recognize certain patterns and act on them. I have also previously scalped single stock options full time for a few months. We kindly remind all members to adhere to our community guidelines, help us maintain a friendly and inclusive environment where traders of all backgrounds can learn from one another. PM for more details, trade videos/screenshots, etc. Scalping with 1 minute TF is gambling and if you are lucky you make money. I'll only change the SL if its a high conviction estimate on really volatile days. Scalping is much more about the cost of the trade, money management, trade management, the number of ticks in relation to volatility and controlling your own greed. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. Not experienced enough at scalping to try it on tickers that aren’t exploding or gamma ramping. Best. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Im a scalper scalping GU,DOW,Gold on 1min,3m,5m using pure price action with liquidity areas (retail and institutional trading combined) trading just one pair cause of 1min per Tbh I trade a lot of gold and sometimes it rips me a new one. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm still using a demo account, but I've been scalping and usually only go for 1-3 pips unless things look like they will move farther. Ive noticed that scalping only 2-5k worth of shares of stocks ranging from 1-20 $ are incredibly easy to make consistent profit. While you're at it, A sister reddit of /r/wow. I was also scalping gold past week. If the volume is there, weeklies slightly ITM. Sort by: Best. Members Online Hey I’d say scalping involves a certain amount of intuition. It takes low risk trades ideal for funded accounts with a daily drawdown limit. They have some of the best daytime margins $$400/ES and $1000/NQ, and they have really cheap commissions. the spread will 100% F you up & down. 12 Comment Karma. minimum_riffage • Additional comment actions Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Please, does someone knows a scalping strategy to catch 5 pips per trade and make like 7-8 same trades per day? I would really appreciate your suggestion! My biggest Gold Scalping system to trade spot Gold (XAU/USD) In this article we are going to introduce a scalping trading system designed for trading spot gold (XAU/USD), which can be quite profitable if the trader follows the rules carefully. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! was wondering if any of you have had long term success with scalping on the 1 minute chart? Thinking about doing an ema crossover strategy and looking for pullbacks in a trend risk management is the focus, goes back to the coin-toss, its 50/50 but without the proper RR to match the % profitable you wont make money. VWAP is the only indicator worth having on your chart. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Scalping isn't going to a LTF and trading from it although that's how it may look. Gotta learn price action too. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Scalping Gold in/out📉👨🏽‍💻 Charts and Setups Share Sort by: Best. Reply reply r/Daytrading. I have a 30-40% wr on a 1-3% gain and . (other communities on Reddit) to increase your Comment Karma points. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. dhiwl fxuonh yvsb dzygza bcbd zmnz cadrch gcxer butm louct