Gold scalping strategy reddit. You can scalp this pair all day long.
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Gold scalping strategy reddit However, using bots for scalping comes with its risks. 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. Ema, Rsi, Vwap- with a trend. works quite well really, until the market absolutely tanks. Scalping is more likely to be done watching a DOM so that you can literally watch the ranges being bounced around. 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. I am a bot, and this action was performed automatically. 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. A few days ago gold skyrocketed 400 pips in one minute. 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. XAUUSD Scalping Strategies with Robots and EAs. "Degenerate Candlesticks" on YouTube is currently doing a small account challenge utilizing a scalping strategy. 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. Gives a chance to know what levels are solid and tradeable for 5-60 seconds. 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. Gold Scalping no loss Account started with $500 and now its total $1479 at the end of this week. Get the Reddit app Scan this QR code to download the app now. For traders who want to automate their scalping strategies, Expert Advisors (EAs) and trading robots are viable options. com Open. Valheim; Genshin Impact; Gold Scalping Strategy | How To Scalp GOLD In Forex ( 5 Min chart ) SIMPLE youtube. r/Forex_Robots. I am a couple weeks in using this strategy and becoming increasingly profitable. Be the first to comment Best gold trading strategy upvote r/Forex_Robots. It is particularly popular among day traders who wish to capitalize on the volatility in gold prices. 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. r/scalping: The home for discussion of stock and futures scalping. When it comes to high, it can go up for a moment but in a long run it will inevitably lead to loss. No The best scalping strategy for gold varies based on market conditions and individual preferences. We also encourage members to post news, rumors, and updates related to the game. 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. also 13 50 moving average cross over is one of my entry rules. r/ForexCracked. Trading the right Stock is 50% of the strategy. 50c and I set my stop at that level that way I lock in my daily goal. 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. 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. Many platforms offer pre-built scalping bots or allow users to create their own with specific parameters. 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. Or check it out in the app stores gold scalping strategy . CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. According to the author, he has successfully applied it to trade the Russell 2000 on 1 minute charts. 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. edit With more than 10 years of experience in trading, I have found the best gold scalping strategy. I trade in the direction of the first 5 minute candle after the open. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology 11. I’m a buyer and a seller depending on how volatile gold is moving. 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. New comments cannot be posted. ForexCracked Official subreddit; Share and Discuss Forex EA Welcome to FXGears. r/Forexstrategy. . 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. If youre Interested in watching live examples, I'd definitely recommend it. 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. 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. 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. Those VWAPs (daily/weekly/monthly) if you think about it are also anchored to a specific starting price and start time. 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. Unlike most strategies, scalping requires the A place to discuss forex strategy, ideas, analysis, and concepts. 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. FUTURES/OPTIONS/CRYPTO TRADERS WELCOME! Welcome to FXGears. 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. But i do agree gold can sometimes move 500-1000 pips a day. It's not uncommon to see scalpers having upward of 80% as winrate. I am referring to the XAU/USD pair, which has the perfect amount of flexibility that you can use to your advantage. Good scalping strategy? Constructive criticism welcome. 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. 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. 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. Stop loss is to protect against a catastrophe. But I feel like the 5m chart is too slow in the morning when there is a lot of volatility. Share Binary Options Trading Strategy with the Hama Scalping System upvote r/ForexCracked. For example squeezes and flushes are way more identifiable on the 1m chart so usually I make a plan using the 1m chart. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. To each their own. Every strategy has a different edge. Been scalping MNQ profitably for the past month and a half and it’s been proving well for me. There is always gonna be variance and random distribution of results, even with a successfully tested edge. The strategy is solid, i just need to improve my ability and skill in following it. knowing the technical levels the big guys use for gauging/mediating price strength and then trading directly on their back. 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. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. Otherwise, good strategy. On this community our goal is to share most latest forex trading manual and automated Welcome to FXGears. Scalping futures might just be hard af. It has worked decently well, but not as good i think it can. 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'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. 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. Gold Scalping Trading Welcome to FXGears. 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. 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. 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. Even the big boys understand the market is not predictable beyond 5 minutes. 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. It can see volatile a random pair to trade. If you believe this was a mistake, please kindly message the mods. 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. this strategy is slick. Be sure to think about how fees would impact your scalping. my subreddits. They've made a lot of mistakes so its been a useful learning tool. strategy works for nasdaq 100 as well. Can anybody share some scalping strategies that worked well in the market environment this year? Or maybe some setups you have backtested. Read on to find out how you can develop your gold scalping strategy. Or check it out in the app stores Gold Scalping Pecker EA FREE Download . Your decision making should be focused on scratching or profit. Welcome to FXGears. Opening range breakout or high of day break is what I usually play. Ill definitely check back in, in 3months regardless of obvious sarcasm. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. 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. 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. Be very aware of margin requirements for your broker and how holding a position through open and close impacts margin requirements. Scalping is literally taking profits off small price movements, so if you're wanting to hold for bigger gains, scalping ain't for you. 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. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. Or check it out in the app stores TOPICS. Free Stuff forexcracked. A choppy day for gold means its stuck in a 100 pip range. 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. While you're at it, read through Reddit's "reddiquette" here. 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. 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. Or check it out in the app stores A place to discuss forex strategy, ideas, analysis, and concepts. Articles, links, etc are all welcome. With more than 10 years of experience in trading, I have found the best gold scalping strategy. I want to learn some 5 minute strategies because they’d allow me to be in trade longer. That’s your strategy for the entry pattern you look for and you’ve clearly optimized it to work for you. That and they dont push courses or merch so thats nice lol Share your strategies, tips, and favorite moments with fellow fans. One thing I would say is a 60% win rate isn't always gonna be a 60% win rate. Your problem with the 2:1 strategy is most likely your mindset, and that’s perfectly fine. I think the fast paced movements and being able to jump to content. i use the daily pivots points to determine target profit exit and stop loss levels. I focused on scalping gold and after 5 or 6 profitable trades, I'd have a 5 to 6 consecutive losing trades. upvotes r/Forexstrategy. 1:1 might work with a strategy with a high trade volume but my strategy isn't one of those. My biggest Gold Trade was last That is just one example, where I've had the best results. 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. ended up with a 2k loss on a 1 contract trade (on my sim account lol). My Easy 5 Min Scalping Strategy. We will review your case and get back to you. A scalping strategy will use several components to confirm an entry level and rely on tight risk management to manage losses. In this strategy, traders use a 1-minute chart to Welcome to FXGears. Download HERE. 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. A place to discuss forex strategy, ideas, analysis, and concepts. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other Welcome to FXGears. All I need is $. It's more about taking very high probable small-movement trades. I've worked myself up to a $10k position on each trade. 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. Also, target a conservative profit margin and restrict your losses to x% of your trading capital. e. Catching the uptrend or This trading strategy was developed by a trader who trades Futures and currency pairs. The micros especially take a big bite relative to number of ticks. Join us to explore the game's challenges, mechanic's, lore and environments and share our love for this thrilling game. You can scalp this pair all day long. 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. Fun to be very active in the market. Slight misconception - scalping doesn't necessarily mean tons of trades per day. 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. Or check it out in the app stores Gold Scalping FOREX Trading Strategy- XAUUSD (High winning Locked post. I have a I was also scalping gold past week. S/R zones are beneficial to any strategy so using them would be a good idea. Gaming. 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. Share Add a Comment. Would love to find a reasonable way to avoid that. I trade crude oil and sometimes gold. if you need more explanantion and the If you’re letting trades run to a stop loss, you’ve already failed your scalping strategy. 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. com, a trading forum run by professional traders. Itll fuckin rip you like a mf if your not careful. iqakiwqgwavhyeowsutyqjgdordkkeicreunfxtbhbthbockzk