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Hey guys, I want to ask if there are any 1 minute chart scalpers on here ? I believe im very close to be able to go full time but some things are missing for me to be consistent what are your methods? please share your ideas..by the way...no order flow here..just MT4.
Not a fulltime trader, i trade just the European open, i'm not a true scalper, i chase from around five to ten points to what ever the market will give me on the EUR/USD mini swings and more on other pairs.
Simple for me, support lines previous days highs and lows and few other tricks.
There are daily and hourly set ups that i try to exploit on the faster TF's.
I exit often without taking the full advantage of the mini swing, something i have to work on i guess.
I place safety stops but almost always exit before it gets hit if i don't like what i see.