Forex Elite Trader: Effective scalping strategy with minimal drawdown

Discussion in 'Forex' started by Forexer Guru, Jan 8, 2025.

  1. I have a feeling that the uptrend could continue for several hours.
    Unfortunately, feelings don't work in forex—you need to know what you're doing.
     
    #101     Jan 28, 2025
  2. moving up again but not good

    maybe there will better trades after some hours

    upload_2025-1-28_19-16-3.png
     
    #102     Jan 28, 2025
  3. one of a few missed opportunities USDCHF

    upload_2025-1-29_11-22-20.png
     
    #103     Jan 29, 2025
  4. Waylen

    Waylen

    Yes, you're clear. You've outlined key challenges for U.S. traders, including the FIFO rule, leverage restrictions, high transaction costs, and time zone issues. These factors can impact the effectiveness of scalping strategies in the U.S. market.
     
    #104     Jan 29, 2025
  5. CAD/CHF could present a trading opportunity, we’ll need to wait a few minutes for confirmation of momentum
     
    #105     Jan 29, 2025
  6. currently appears like this
    upload_2025-1-29_14-36-47.png
     
    #106     Jan 29, 2025
  7. no opportunity, lacks momentum
     
    #107     Jan 29, 2025
  8. cadchf was the most perfect pattern this week only that it lacks momentum which makes it hard to guarantee any returns in the first one hour
     
    #108     Jan 29, 2025
  9. NZDCAD
    Lacks momentum
    upload_2025-1-29_18-44-12.png
     
    #109     Jan 29, 2025
  10. SunTrader

    SunTrader

    FOMC 200pm, wait and see.
     
    #110     Jan 29, 2025