My Scalping Trade

I am not a full time job trader.

I trade usually 4-5 hours. It is not diffcult take a 5pips in one time.

Stoploss is around 50pips.

We don't need seeing charts all the time. Cuz charts doesn't move all time.

Just trade price move, trade the moment. I usually trade scalp but sometimes trade swing.

Everybody knows when price moving. The answer is news comming.

This is last month trading history.
https://s8.postimg.cc/d4xl1n5md/image.png
https://s8.postimg.cc/kxo8tpbmd/7_-2.png



Detail trading skill is next time.

Have a great day.

 

There is no picture. And if i understood well your TP is 5 pips while your SL is 50 pips ?! It means that you have to do 11 winning trades a 1 losing trade to have a profit of 5 pips
Or is it something else ??

 

sorry miss the link.

 

Now it's clear. The SL isnt around 50pips, it's between 8 and 10 pips .

 

Those results are good.
Now if you are here to sell, i will kindly remind you that this is a free-share forum (selling is forbidden by moderators in this section) and that there is a section for selling. Otherwise it will be good if you tell us more about your strategy.

 

REAL BRO

 

Reading news is important before start trading, especially look on the news high impact,
after news has been released could making the market move very rapidly.

 

I am not selling anything. Just telling you how I trade. Yes trade for 4~5hours in day. But only check every 50minutes which one is strong pair.
So not boring.
You can google forex heatmap indicator or website. Then news comming you can see which one is strong and weak. That s it. Just trade one or two pairs in a day. Then you can get more than 10pips. 10pips are enough profit. Use money management. It is very easy strategy.

When I go back home. I will tell you detail.

 

can you show some exemples? Please? Thkx

 

Your strategy looks profiatble so far... We will wait for your explanation

 

I am trying it but no succeed, pls en-light...

 

Hi. Last week was my summer vacation. I didn't post detail, but enjoy time with my family.

As I said. you can find forex hit map.

There are so many website showing currently strong and weak pairs. Every famous brokers providethis map.

ex) tradingview.com/markets/currencies/cross-rates-overview-heat-map/

At this moment we have no news but you can see audjpy, eurjpy are +,- over 0.3%.

s8.postimg.cc/91fx1b5k5/fhm.png

Now you know which pair is really moving. But 0.3% is not enough to me.

You got the answer now. When news comming before 5mins observe hit map.

I usually take 5pips and trailing stop 3~5pips. Sl is 50pips or for long time(over 5 hours) did not move to my direction I close position.

Good luck!

 

can you post an exemple. i didnt understand, do you go before news. red news can hit SL

 

Example) Usdcad and Cadjpy.

You can take 10pips from these two pairs.

53mins before Forex Hit Map was over 0.4%(+,-)

I didn't take a screenshot at that time.

postimg.cc/gx03r2y2d/fhm1.png

It is enough today.

postimg.cc/8eqnmtc51/usdcad.png

English is not my mother language. i am not good at eng,

But don't greedy 5or 10pips is enough for a day.

 

Was that before news? How long before news?
sometimes you said befores news and sometimes you say after news release. Please clarify when do you take the trade, after or before?

 

Ok. the rule is check FHM(forex hit map) every 55mins.

choice the pair you trade. (+,-3.5~4%)

Then trade tp 5 trailing stop 5pips or whatever you want, sl is 50.

 

What do you mean by check every 55 mins? Do you mean checking every day by time, let's say 10:55, 11:55, 12:55 etc?

 

Ok. clearly explain the rule.

Don't care news and events, check every 55min (ex 10:55, 11:55, 12:55...) during your trading time.

If there are correct pair to trade get the position ( ex 11:00, 12:00, 13:00...)

Then take a profit.

 

I live in South Korea.(gmt+9)

Yesterday europe session : Usd-down, Chf-up : USD/CHF Sell --- 5pips
after 2-3hours USd-continue down, Nzd-up : NZD/USD Buy --- 5.6pips
US session : GBP strong down, NZD,CAD up GBP/NZD, GBP/CAD Sell --- 9.4, 9.6 pips



Sometime I can't keep the rule open position time cuz my little kids.