Forex Elite Trader: Effective scalping strategy with minimal drawdown

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

  1. i think the best thing is to use the open/close levels of 1 minute and 5 minute bars (that cumulatively form a single 1 hour bar) every time i open a position.
    I dont know how best to describe it
     
    #31     Jan 15, 2025
  2. gbpnzd looks promising dont know if anything will form

    upload_2025-1-16_13-27-31.png
     
    #32     Jan 16, 2025
  3. gotta be careful, its been a downtrend all along.
    but why should I care when am looking to hold a trade for just 60 minutes?

    upload_2025-1-16_13-29-42.png
     
    #33     Jan 16, 2025
  4. gbpnzd cancelled

    Those bars ain’t hittin’ right. If you’ve been keepin’ up with the thread, you know what I’m talkin’ about

    upload_2025-1-16_13-46-59.png
     
    #34     Jan 16, 2025
  5. upload_2025-1-16_13-56-24.png
     
    #35     Jan 16, 2025
  6. upload_2025-1-16_14-29-23.png
     
    #36     Jan 16, 2025
  7. upload_2025-1-16_14-52-20.png
     
    #37     Jan 16, 2025
  8. cancelled gbpcad
     
    #38     Jan 16, 2025
  9. upload_2025-1-16_15-14-8.png
     
    #39     Jan 16, 2025
  10. upload_2025-1-16_15-21-37.png
     
    #40     Jan 16, 2025