aliassmith wrote:Traded the Europe/UK session for less than an hour to scalp 1% on the EUR/USD.
I basically looking for the same stuff on the 1 minute chart as the five minute from my previous charts.
I use small lot size but a lot of orders for about 200 pips.
I'll probably keep practicing to see how good I can get at it.
I never really used the 1 minute chart before so it is fast paced
In the pic I traded in that yellow area with a short bias
The blue lines are possible resistance areas.
Been practicing this style of trading
my stats showed I was 95% win rate in todays session with 93 trades
I had an average $win/average $loss of 2:1
Took about 1 hour to make 1%
If I do this then I can be a scalper and not a short term intraday trader