Gold scalping strategy reddit I am referring to the XAU/USD pair, which has the perfect amount of flexibility that you can use to your advantage. ForexCracked Official subreddit; Share and Discuss Forex EA Welcome to FXGears. If youre Interested in watching live examples, I'd definitely recommend it. Your problem with the 2:1 strategy is most likely your mindset, and that’s perfectly fine. works quite well really, until the market absolutely tanks. . Or check it out in the app stores Gold Scalping Pecker EA FREE Download . Personally I spent years reading/listening to everything out there and I've tried almost every strategy before settling on the very few strategies that I currently use. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! look into one-minute scalping strategy. The strategy is solid, i just need to improve my ability and skill in following it. On this community our goal is to share most latest forex trading manual and automated Welcome to FXGears. XAUUSD Scalping Strategies with Robots and EAs. Articles, links, etc are all welcome. Ready to dive in? Let’s get into it! Scalping is 90% accurate with a win/loss of 1:3 or maybe even more like 1:5. One thing I would say is a 60% win rate isn't always gonna be a 60% win rate. i use the daily pivots points to determine target profit exit and stop loss levels. Usually I like to find a stock that is moving premarket either due to a catalyst, or because it has high volume usually I mark the pre-market high and the pre-market low along with other key levels and wait for a break of the pre-market high and enter long with increased volume with a confirmation from a correlated index. Would love to find a reasonable way to avoid that. My Easy 5 Min Scalping Strategy. Ill definitely check back in, in 3months regardless of obvious sarcasm. 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. They've made a lot of mistakes so its been a useful learning tool. I have been told and seen many times that these time frames are the worst to trade on Gold as it’s very volatile This article will guide you through proven XAUUSD scalping strategies, tips for getting started, and potential pitfalls to watch out for. Or check it out in the app stores     TOPICS. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. r/Forex_Robots. It's more about taking very high probable small-movement trades. 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. For traders who want to automate their scalping strategies, Expert Advisors (EAs) and trading robots are viable options. There is always gonna be variance and random distribution of results, even with a successfully tested edge. In this strategy, traders use a 1-minute chart to Welcome to FXGears. If you must use an indicator, I suggest one that can average out buy/sell tick volume to help reduce market noise while using the lower timeframes. A loss is for when you were wrong quicker than you were able to The main strategy that I currently trade on uses a 30 sec and 1 min with a 3 min to check for divergences. I’m a buyer and a seller depending on how volatile gold is moving. Your decision making should be focused on scratching or profit. If I'm scalping I never go under the 5min as it can be finicky af, and usually it'll For about a year now I have been trying to find a scalping strategy (1 minute or 5 minute) that has a high win rate and at the same time also provides at least 2-3 trading opportunities in a forex major pair every day. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Download HERE. To each their own. Or check it out in the app stores gold scalping strategy . But i do agree gold can sometimes move 500-1000 pips a day. my subreddits. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. My point was that others’ entry strategies may have such a lower probability of running and higher probability of short term reversal that, in those cases, TP at the point that the majority of cases reverse is the more profitable play. com, a trading forum run by professional traders. comments sorted by Best Top New Controversial Q&A Add a Comment My first gold camo on vanguard! Get the Reddit app Scan this QR code to download the app now. Slight misconception - scalping doesn't necessarily mean tons of trades per day. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. this strategy is slick. Otherwise, good strategy. Join us to explore the game's challenges, mechanic's, lore and environments and share our love for this thrilling game. S/R zones are beneficial to any strategy so using them would be a good idea. Every strategy has a different edge. Stop loss is to protect against a catastrophe. otherwise its full account trading for small moves over and over, i despise utilizing and really risking more than 10-15% of the account on any given position all it would take for the market is a few wrong scalps to spin your account and from there Scalping requires large size, small moves and quick profits. Catching the uptrend or This trading strategy was developed by a trader who trades Futures and currency pairs. Itll fuckin rip you like a mf if your not careful. The 30 sec will have more false signals than the 1, but the trade off is it will also have better entries for scalping if you learn how to filter the false signals out. 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! ---- We also have one of the largest forex chatrooms A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Share Binary Options Trading Strategy with the Hama Scalping System upvote r/ForexCracked. Or check it out in the app stores 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. Be sure to think about how fees would impact your scalping. Unlike most strategies, scalping requires the A place to discuss forex strategy, ideas, analysis, and concepts. 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. 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. Can anybody share some scalping strategies that worked well in the market environment this year? Or maybe some setups you have backtested. Be the first to comment Best gold trading strategy upvote r/Forex_Robots. I've been trading for over thirty years and if you find a successful way to scalp gold, you may want to write a book, play the lottery and start throwing darts at random penny stock symbols The secret of scalping in general is what I call explicit trading, i. We will review your case and get back to you. EDIT These are nice trades though Gold is a commodity it prices are heavily influenced by basic demand and supply even more so than forex pairs. My biggest Gold Trade was last That is just one example, where I've had the best results. r/ForexCracked. However, using bots for scalping comes with its risks. Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on stock momentum, and monitoring both an underlying's fundamentals and technical analysis. Silver Trend Following Scalping Strategy for MT5 FREE Download 😍😍💸🤘 Get Premium EA and indicators ,lessons strategies free everyday 💸 Link in Bio 💸#forex #forexea #forexexpert #forexexpertadvisor #forexexpertadvisorsfree #forexcracked #freeforexsignals #freeforexearobot #forexrobot #forextrading Get the Reddit app Scan this QR code to download the app now. It is basically a scalping method which can provide a potential profit (according to the author of course) of up to $500 per contract traded per day. A place to discuss forex strategy, ideas, analysis, and concepts. knowing the technical levels the big guys use for gauging/mediating price strength and then trading directly on their back. Also, target a conservative profit margin and restrict your losses to x% of your trading capital. Those VWAPs (daily/weekly/monthly) if you think about it are also anchored to a specific starting price and start time. 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 Welcome to FXGears. For example squeezes and flushes are way more identifiable on the 1m chart so usually I make a plan using the 1m chart. It's not uncommon to see scalpers having upward of 80% as winrate. The micros especially take a big bite relative to number of ticks. A choppy day for gold means its stuck in a 100 pip range. This method leverages gold price volatility, aiming for In this strategy, traders use a 1-minute chart to monitor the price movement of gold closely. When it comes to high, it can go up for a moment but in a long run it will inevitably lead to loss. if you need more explanantion and the If you’re letting trades run to a stop loss, you’ve already failed your scalping strategy. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! And don't trade it around data or news. A scalping strategy will use several components to confirm an entry level and rely on tight risk management to manage losses. Many platforms offer pre-built scalping bots or allow users to create their own with specific parameters. We also encourage members to post news, rumors, and updates related to the game. That’s your strategy for the entry pattern you look for and you’ve clearly optimized it to work for you. A few days ago gold skyrocketed 400 pips in one minute. ended up with a 2k loss on a 1 contract trade (on my sim account lol). I am a bot, and this action was performed automatically. Or check it out in the app stores Gold Scalping FOREX Trading Strategy- XAUUSD (High winning Locked post. I trade crude oil and sometimes gold. strategy works for nasdaq 100 as well. That and they dont push courses or merch so thats nice lol Share your strategies, tips, and favorite moments with fellow fans. Gold Scalping no loss Account started with $500 and now its total $1479 at the end of this week. Even the big boys understand the market is not predictable beyond 5 minutes. I have a I was also scalping gold past week. If you believe this was a mistake, please kindly message the mods. Although long-term times and smaller sizes allow investors to move away from their platforms, given that there are few possible entries and can be controlled remotely, scalping requires the investor's full Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. edit With more than 10 years of experience in trading, I have found the best gold scalping strategy. What I am doing when anchoring to a high volume reversal is you can now see where the average buyer/seller is from If you're scalping, you should be in and out in only a couple minutes at the most. While you're at it, read through Reddit's "reddiquette" here. Key indicators such as moving averages, RSI (Relative Strength Index), and MACD I’m looking to scalp on Gold - even quick trades on 15 and 5 mins time frame. What Is Gold Scalping? Gold scalping is an ultra-short trading strategy that relies on technical Gold scalping in Forex focuses on quick trades to profit from small price movements in the gold market. Ema, Rsi, Vwap- with a trend. "Degenerate Candlesticks" on YouTube is currently doing a small account challenge utilizing a scalping strategy. Free Stuff forexcracked. Gaming. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. My win 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. I have spent countless hours on courses, books, Youtube videos, backtesting, and paper trading and yet have failed to find a Get the Reddit app Scan this QR code to download the app now. Be very aware of margin requirements for your broker and how holding a position through open and close impacts margin requirements. 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. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other Welcome to FXGears. Scalping is literally taking profits off small price movements, so if you're wanting to hold for bigger gains, scalping ain't for you. I trade in the direction of the first 5 minute candle after the open. Read on to find out how you can develop your gold scalping strategy. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. You can scalp this pair all day long. With more than 10 years of experience in trading, I have found the best gold scalping strategy. Opening range breakout or high of day break is what I usually play. The ONLY Multiple TMA FOREX Trading Strategy You Will EVER youtube upvote r/ProfitingForexTrading I stopped scalping a few years ago because I had the same problem. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology 11. I was still profitable, but it mentally drained me, so I changed my strategy and started looking for more long term trades on multiple pairs. r/scalping: The home for discussion of stock and futures scalping. It has worked decently well, but not as good i think it can. Share Add a Comment. Scalping futures might just be hard af. All I need is $. Or check it out in the app stores   A place to discuss forex strategy, ideas, analysis, and concepts. 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. PATs has been a successful strategy for over 20 years now from what I understand in any type of market condition, so I’m literally betting on it continuing to be remain an edge. Get the Reddit app Scan this QR code to download the app now. I dont' try to trade everything, and my biggest jump in performance came when I stopped trying to trade every day and only traded when I was confident in the setup. I focused on scalping gold and after 5 or 6 profitable trades, I'd have a 5 to 6 consecutive losing trades. It is particularly popular among day traders who wish to capitalize on the volatility in gold prices. Options are crazy volatile, especially on TSLA, so it's best to take your win and jump out vs letting it reverse on you for a loss. I've worked myself up to a $10k position on each trade. e. Trading the right Stock is 50% of the strategy. Or check it out in the app stores Best Scalping Strategy in Forex Trading 2024 | Profitable Scalping Strategy #xauusd #gold GENERAL VID Share Add a Comment. r/Forexstrategy. I think the fast paced movements and being able to jump to content. According to the author, he has successfully applied it to trade the Russell 2000 on 1 minute charts. Good scalping strategy? Constructive criticism welcome. I am a couple weeks in using this strategy and becoming increasingly profitable. Fun to be very active in the market. Be the first to comment Nobody's responded to What do you have to know before starting scalping strategies Reddit? The scalping requires the trader has an iron discipline, but also very demanding as far as time is concerned. Valheim; Genshin Impact; Gold Scalping Strategy | How To Scalp GOLD In Forex ( 5 Min chart ) SIMPLE youtube. These people are weird man, I don’t even understand it, everything is right there and no one does that, a select few 99 percent don’t show none of it, they are stuck with their decision, I probably have more hours on YouTube watching I tweaked this strategy like the guy with the long comment suggested. No The best scalping strategy for gold varies based on market conditions and individual preferences. also 13 50 moving average cross over is one of my entry rules. 50c and I set my stop at that level that way I lock in my daily goal. 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. 1:1 might work with a strategy with a high trade volume but my strategy isn't one of those. Or check it out in the app stores Is it worth it to watch a 4-hour chart timeframe for scalping? Maybe I'm wrong, but your strategy sounds more like intraday trading than scalping. Been scalping MNQ profitably for the past month and a half and it’s been proving well for me. I want to learn some 5 minute strategies because they’d allow me to be in trade longer. But I feel like the 5m chart is too slow in the morning when there is a lot of volatility. Gold Scalping Strategy – All You Need to Know! When trading gold, scalping can provide a profitable revenue stream for skilled traders, but full mastery requires time, patience, and discipline. com Open. Welcome to FXGears. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Welcome to FXGears. New comments cannot be posted. Gold Scalping Trading Welcome to FXGears. upvotes r/Forexstrategy. xototjw ipdvd ggajx sxiugo xfdosv zvqy dhlcqcpc zukq gzqh tdozxz