Do you know of any profitable trading strategy that uses a small time frame?
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  • #1 Collapse

    Do you know of any profitable trading strategy that uses a small time frame?
    We all like to make money fast, so please tell us if you have any trading strategy that uses a small time frame like M15 or below.

    Thank you!
    You only need to read THIS ARTICLE to make money from forex trading,
  • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
  • #2 Collapse

    This strategy uses a 1 minute time frame to scalp the forex market. The first rule of this strategy is trade in the direction of the trend. So how do we define the trend for the one-minute candlestick trading strategy? Well, we use exponential moving average. If we add a moving average period 8 on exponential calculation we can see the trigger/signal basically the rule dictates that I will only enter when price is above the moving average for buy signals. And for a sell entry, when the price is below the moving average. So the setup for the one minute trading strategy is basically very, very simple...a candlestick pattern and the candlestick pattern is the doji. The definition of doji that we will use is the one where the candlestick body is up to one third of the range of the candle. If the size of the body is bigger than a third of the whole candle size then we simply scrap that doji. The setup, entry and exit rules for this strategy is also very simple:

    For a short position you want a doji with its low point below the moving average and also you want the lower shadow to be longer than the upper shadow. The entry for this strategy is exactly at the low of the doji and you must place your stop loss at the high point of the doji. The take profit level is at 1:1 risk to reward ratio. This is how it would look on your chart:

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    As you can see from the example above, the price went down and then took the entry and went to the profit target in a very short time.

    For a long position, the opposite is true where you want the high point of the doji s above the moving average and then you want the upper shadow longer than the lower shadow. For the entry, you place the order at the high point of the doji and then the stop loss is placed at the low point of the doji. As usual, the take profit is exactly at 1:1 RR.

    The whole thing would look like this:

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    As you can see the price quickly picked up the entry and then hit the take profit very quick also.

    The target profit and stop loss are very tight in this strategy however, you can upgrade the setup to take advantage of the potentially high RR trades when the trade goes your way. To do this, all you need to do is to split the position into two where the first half will catch the regular take profit at 1:1 and the other half will run the whole mile until the moving average is touched.

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    As you can see from the example above, the price went down pretty quickly taking the first half and then continuing to go down for more profit making a crazy amount of R. This setup can be found every week and sometimes several days in a row.

    This advanced setup will let your account grow very fast if you are disciplined. It is also important to know that this is a high maintenance strategy because you must monitor the whole process manually so you have to be in front of your chart from start to finish. Also, this is a very high risk strategy so it’s not suitable to those who trade conservatively.

    Last and most important is, do not attempt this trading strategy without first trying it on a demo account to know how it really works.
       
    You only need to read THIS ARTICLE to make money from forex trading,

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    • #3 Collapse

      MOVING AVERAGE (AGAIN?)

      Despite what many naysayers claim, the moving average is still one of the most used (if not the number one used) in the trading world. You name the trading instrument and you will find people using moving average to trade that market. In fact, most of the popular technical indicators are based on moving averages such as the bollinger band, stochastics MACD etc. This makes moving average indispensable.

      There’s a whole range of ways to use the moving average from single use or double moving average or multiple moving average or crossover technique and many others. On this opportunity though let me, EnKubo 8x5, bring you another way of using moving average in your trading in the forex market. Let’s begin…


      WHAT IS MOVING AVERAGE?

      The concept of moving average is when there is more than 1 candle going into the same direction then you have more certainty. In your daily life you can see this concept in the markets, just ask a vendor about the price of a certain item or vegetable or fruit if you later find out that more vendors sell at the same price then you can be certain that the price of that item is indeed like that. However, in the trading world the price keeps changing so the moving average will show you the gradual change of price from one direction into another. Moving average indicator is expressed by a line and this line will slope up or down or have extreme “V” shape or “A” shape depending on the new data that comes in. The moving average is a consensus and this is why it’s very useful in determining where the price is heading to.


      MULTIPLE MOVING AVERAGES

      The concept of using multiple moving average is not something new. In the past we have people inventing this very idea and made a very good trading strategy and become very successful using them. We have Guppy Multiple Moving Average, Alligator and many others. Now, we’re going to use those very ideas but with different settings. There is a saying “If it’s not broken, why fix it?” The old idea was and is still great so we don’t have to reinvent the wheel.


      THE SETTINGS

      So what are the settings for this trading strategy? Well, for this particular strategy we will be using:

      2 moving averages
      21 Exponential Moving Average
      55 Exponential Moving Average

      That’s it!

      Really?

      Yes, there’s no secret settings here. Guppy Multiple Moving Average uses more than 6 moving averages, Alligator indicator uses 3 moving averages but we can actually do the same thing with only 2 moving averages. The concept is the exact same but with less lines on your chart. You may ask “why 21 EMA and 55 EMA?” Those numbers represent the fibonacci numbers.


      HOW DO THE STRATEGY WORK?

      The idea of this strategy is straight forward, you watch for a contraction and then you enter as the chart shows a breakout plus expansion of the moving average. Here’s the complete rule set so you won’t get confused:

      1. look for expansion of the moving averages
      2. wait for the contraction of the moving averages
      3. while in contraction, the moving averages must never cross each other
      4. wait for a breakout of the fast EMA (the 21 EMA)

      By the rule set above you should understand that this is not a crossover strategy. The 55 EMA will act as the general direction of the trend while the 21 EMA will act as the trigger. When the fast EMA retraces near the slow EMA it means you will get a better entry on a strong trending market. This, in the hope that the price will continue it’s strong trend. Generally speaking, the more sloping the slow EMA is the stronger the trend will go. You must understand that this condition has a good advantage but it is not a 100% guarantee so yes you will take loss from time to time. Let’s look at it on the chart below

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      The example above showed you the setup for a short entry. You see that all of the conditions are met and you can just enter the trade at the opening of the candle after the breakout (don't enter at the moment when the breakout is happening but rather you should wait for the breakout candle to close and a new candle is open).

      Now let's look at another setup and this time it's for the buy (long position).

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      We can see that the conditions are also met and you have a couple of opportunities right after each other. When situations like this occur you can choose to take both trades or only pick one or pick both but divide the position into 2 equal halves or any other tactics that you have. For the stop loss and take profit:

      Put your stop loss at the lowest point during the contraction. You can add a couple of pips for the spread.
      Your take profit should be a multiple of your risk. You should target at least 1:1.5 RR for this strategy to work. You can also use your own take profit tactic. So for example if your SL is 5 pips then if you use 1.5 R then your take profit should be 7.5 pips away from your entry point.

      How much should you risk per trade for this strategy? This topic is dependent on your risk tolerance. If you are an aggressive trader then you might risk more.

      Now let's look at a different market scenario where you should not take a trade

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      In the example above, you can see that the price is retracing but the moving average made a crossing. Plus, the price as you can see has moved way past the slow EMA and this is not a good sign. You must be strict in adhering to the rule set for this strategy because this is a scalping technique and when you scalp you will get multiple trading opportunities during the day so if the conditions are not met in complete then you just ignore it and wait for another opportunity.

      There is also another market situation where you should be careful. As mentioned earlier, the 55 EMA is the general direction of the trend and the slope of the line shows you the strength of the trend. If the slope becomes more and more flat then you should not trade even if the other conditions are met.

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      A BIT OF EARLY WARNING!

      As I already said before, this strategy has a solid idea behind it because eventually we can only make money when the market is moving strongly to one side. The concept of higher high for a long trade and lower low for a short trade are engraved into this trading strategy too. The stop loss is very clear and the take profit is also solid.

      However, there is no way you can avoid loss 100%. Every now and then you will get losing trades and this is normal and it happens in every trading strategy. As a general rule of thumb, you should never risk too much per trade. Using 1% per trade is safe and if you are a conservative trader you might want to use even lower risk. And as usual, please do not use this trading strategy if you have not tried it on a demo account first.


      I hope you like this trading strategy or find it useful to enhance your own trading strategy.

      I wish you a lot of profit, stay safe and stay awesome!
       
      You only need to read THIS ARTICLE to make money from forex trading,

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      • #4 Collapse

        PROFITABLE TRADING STRATEGY FOR SMALL TIME FRAMES


        Time frames are part of the important aspect which a forex trader would have to pay attention to in the course of market analysis so as to be able to arrive at a nice trade prediction. Time frames are basically reflections of the movement of price at different time intervals in the market. So while the market would maintain a general trend, looking into multiple time frames of the same currency pair could reflect different trends. It should be understood that all of these time frames are correct, only that they would reflect the movement of price according to their intervals. So the monthly time frame would hold a reflection of price movement within each month, daily time frame would show how prices move within a day and like that down to the one minute time frame which would show how prices move within a minute.


        Time frames in the market ranges from the long to the short time frame. Most time frames from the thirty minutes (M30) down to the one minute (M1) is being considered as the short time frames while one hour (H1) upwards can be regarded to as long time frames. Traders that stay in the market for long would prefer to make analysis with the longer time frames and monitor their trades through them. Scalpers and other short term traders might focus on the use of shorter time frames for their own experience. A trader can choose what type of trader he is willing to be depending on what he is most comfortable with.


        Using small time frames for market analysis can be as profitable as using longer time frames provided that the forex trader has the right trading strategy. Making use of the price action trading strategy is still very much effective with the use of the smaller time frames and it can be recommended for use.


        To use the price action trading strategy with the smaller time frames, all a trader has to do is to have the knowledge of support and resistance levels as well as plotting trend lines. Once this is done on the M30, the trader can then look at the M5 or M1 to determine a good market entry. The price action trading strategy never gets old and all the focus of a trader should be directed towards spicing up trendlines and support and resistance levels with the knowledge of candlestick formation patterns.

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        • #5 Collapse

          Hi friend.


          Dear forex member how are you hope you will all be fine.



          Dear forex friend This strategy uses a 1 minute time frame to scalp the forex market. The first rule of this strategy is trade in the direction of the trend. So how do we define the trend for the one-minute candlestick trading strategy? Well, we use exponential moving average. If we add a moving average period 8 on exponential calculation we can see the trigger/signal basically the rule dictates that I will only enter when price is above the moving average for buy signals. And for a sell entry, when the price is below the moving average. So the setup for the one minute trading strategy is basically very, very simple...a candlestick pattern and the candlestick pattern is the doji. The definition of doji that we will use is the one where the candlestick body is up to one third of the range of the candle. If the size of the body is bigger than a third of the whole candle size then we simply scrap that doji. The setup, entry and exit rules for this strategy is also very simple.

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          • #6 Collapse

            THE BEST TRADING STRATEGY FOR THE LOWER OR SHORT TIMEFRAMES

            The lower timeframes otherwise known as the short timeframes could be relied on when a trader is planning to make trades that are to be closed within a short period of time. A trader making use of the short timeframes would however still need to check on the predominant direction of price in the market. Checking the setup on the daily timeframe is very important no matter the type of trading strategy the trader is using.

            1. SCALPING THE MARKET:Scalping the market is about the best trading strategy when using the short timeframes. Scalping has to do with opening trades in anticipation of a little amount of profits. The trade is opened for a short period of time. Hence the trade usually use the lower timeframes from the 1 minute timeframe to the 15 minutes timeframe. Personally when I scalp, I rely on the use of the Commodity Channels Index (CCI). When this indicator gets to the low point where it curves sharply to the upside, then it is time to buy the asset. On the other hand when price pushes higher and the Commodity Channels Index turns to the downside, then it is time to sell the asset. The take profit in respect of such trades is usually around 10 pips. The stop loss is also small, probably 7 pips. The trader leaves trade running for a very short period of time.

            2. SHORT TERM TRADING:The next best trading strategy for the users of the short timeframes is short term trading. Here the trader uses the lower timeframe charts to access the market. The traded opened here remains open in the market for longer than the scalpers. Targets could go as Hugh as 40 pips while the stop loss is around 20 pips. Though this type of trading sees to it that the trade gets closed before market closes each day. Traders using the strategy use timeframes up till the 1 hour timeframe.

            However, there is no trading strategy or system that could guarantee a 100% success ratio when trading the high-risk forex trading business. Traders should ensure they do the needful as per having a good knowledge of technical analysis, fundamental analysis and market sentiment. Armed with these, the forex trader could then make moves towards excellence in trading.
            Covid-19 will not wipe out humanity! Let's fight this common foe together. Together we win this war! Please apply WHO recommendations on keeping safe!
            Hedging Edge: Heading For $6 Million!

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            • #7 Collapse

              PROFITABLE FOREX TRADING STRATEGY.

              Strategy comes in whenever we are dealing in a matter that seems changing or difficult to comprehend because that situation also is a bit strategic. Strategy is an elaborate and systematic plan of action and truly, forex itself is strategic.

              Why Sticking To One Main Strategy Might Not Work In Forex Trading.

              1. Forex Is Changing: We cannot expect prices to remain stagnant for over long periods of time due to its changing nature. It specialises in satisfying the conditions or positions of supports and resistances, buying and selling respectively. It chooses when perfect to reach both higher and lower positions, the decision which is not of any trader.

              2. Expectation Of News Might Become Forlorn: Many traders always base their hopes of making profits from the market on potential high-impact news but the market decides if to move on their releases or not. This is capable of altering the permanent strategy one has adhered to.

              3. Unexpected Circumstances: Types of traders that loves placing one position at a time may encounter disappointment in the market in the sense that the only pair that is selected can move against them when other pairs that were avoided went as analyzed or suggested.

              What Are The Common Trading Strategies?

              1. Scalping Strategy: This involves placing positions in targeting small range of highs and lows of trends of the Timeframe. Lovers of this strategy use but small sections of Timeframe to make quick profits but often with the use of higher lot sizes.

              2. Day Trading Strategy: This is placing position in the market but not allowing it lapse more than a day. Traders of this strategy close their position either in positive or negative come what may but only to see that their Orders' Page has no positions running for more than twenty-four hours.

              3. Swing Trading Strategy: In this strategy, positions are left to run for more than a day having targeted a supposed extent or destination of prices. However, adherents to this strategy do not always endure more than a week till they close and claim their profits provided prices reach the targeted destinations.

              4. Position Trading Strategy: Investors are fond of this strategy because they are experienced. They place positions and leave them to run from days to weeks and months before they close and claim their profits.

              NOTE: There is no strategy that is not subjected to denial of the market. In addition to that, one can record but enormous amount of time in ascertaining one's permanent trading strategy.

              ii. All the strategies mentioned are lucrative but they have disadvantages attached to them. That is why a forex trader is expected to be versatile and adaptable to market changes so as to make profit consistently from the market.

              What To Do To Be Profitable.

              i. Make sure that you have the perfect knowledge of the market and of any pairs to trade so as to avoid unnecessary disappointment.

              ii. The amount of deposit in an account suggests which trading strategy and pairs to place on it. Therefore, add as much as you can to be able to trade more options if the situation of the market warrants it.

              iii. Persistence is very important in making a strategy succeed in forex. It keeps you from shifting from one strategy to another unnecessarily.

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              • #8 Collapse

                From any kind of timeframe we can squeeze out profit if we have the experience .Here i will share one simple technique to you people how we can get good profit from even the m15 timeframe .Now actually me a very big fan of the 200 MA .Here i will use two types of Moving average 200 - Pink color indicates the Exponential and red color indicates the simple 200 MA .For the double confirmation me using this .



                Here me selecting the GBPUSD pair - reason is that it is somewhat volatile and perfect to scalp in the m15 timeframe .So if we can see the above chart we can notice that the pair broke out suddenly upon both types of 200 EMA which gave the indication that it is on the short term bull run .Now the pair again when started to jump from the 1,2890 level that gave the perfect confirmation that now we can have the buy entry with some 15-20 maximum amount of pips target .Some traders will wait for another confirmation near the 1.2902 level .If any traders took like that its sure that the TP of them could hit here because the pair went towards the 1.2950 level and was consolidating .

                Note :- Always keep in mind that we have to target 10-20 pips in maximum when we are trading with the m15 timeframe strategy .because sometime when the trend changes it could happen that from 5-10 pips it could make a u -turn because in lower timeframe we can predict a very frequent trend changing nature of the market .

                Sometimes we may be confused about the currency pair or metal movement .In such cases the ATR 14 and ATR 7 we can see so that we can know what may be range of such movement there and accordingly we can make our strategy and target because remember one thing for 1 pip also you can miss the target and come down to touch the stoploss.
                KALEX TRADING JOURNAL-LEARN AND EARN

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                • #9 Collapse

                  Do you know of any profitable trading strategies that use a short time frame?

                  To scalp the forex market, this strategy uses a time frame of 5 minute. Trading in the direction of the trend is the first rule of thumb. So, how do we clarify the five-minute candle trading strategy trend? Well, we're using a simple moving average. If we add to the distance calculation an average time of 10, we can essentially see the rule / signal that this order will be entered only when the purchase price reaches the rising signal average. And when the price is lower than the moving average when entering the deal. So it is essentially very simple, very easy to set up a five-minute trading strategy. There is a candle pattern and a DOJI candle pattern. The meaning of DOJI that we are going to use is where the candle is up to a third of the limit of the candle. If the body size is more than one-third the size of the entire candle, so this second will easily be scratched. This strategy's set-up, enrollment and external rules are also quite clear.

                  For the short place you want a DOJI with a lower than average moving point and you also want the lower shadow to be longer than the upper shadow. The entry is certainly at the bottom of the DOJI for this technique, and you can keep your stop loss at the top of the DOJI. The profitability amount is a 1:1 incentive that is related to the ratio.

                  Chart Presentation:

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                  As you can see from the above example, in a very short time, the price fell and then met and went to the profit target. The reverse is true for the long place, where you want the top point of the DOJI over the moving average and then the upper shade over the lower shadow. You put a command at the top of the DOJI for entry and then the stop loss is placed at the bottom of the DOJI. Tech profits are at exactly 1:1 RR, as always.

                  Chart Outlook:

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                  As you can see, the entry price quickly picked up and then hit the profit very quickly. The target benefit and stop loss in this method is very strict, but as you go your way, you can upgrade the setup to take advantage of potentially higher RR trades. To do this, what you need to do is split the place into two halves, where daily tax profits are kept at 1:1 in the first half and a full mile in the second half before the moving average is not reached.

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                  As you can see from the above example, in the first half, the price went down very quickly and then continued to go down to raise profits. Each week and often several days in a row, this setup is available.

                  If you are disciplined, this modern setting will allow your account to grow more quickly. It is also important to note that this is a high maintenance technique as it is required to manually manage the whole process so that you have to be in front of your graph from start to finish. It's also a very high-risk strategy, so it is not suitable for those who trade conservatively. Without first trying it on a sample account, don't try to figure out how this trading technique actually works.

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