Trade results up to here 10/9
☆★Create your own signals to win! A breakthrough signal tool★☆
It is currently 11:30 AM on 10/9.
When the date changes to 10/10 3:00 AM Japan time, it will be the FOMC.
I will certainly be asleep at that time, but everyone please be careful of sudden moves.
Also, due to FOMC caution, there may be little movement until then, so on days like this, it's important to take quick profits and bow out.
Now I sat in front of the PC before 9:00 AM and did 3 trades of GOLD scalping as shown by Rei.
The first trade seemed like it would hit the stop, but I endured and took profit at about 20 pips.
The second trade quickly had more than 10 pips of unrealized profit, but it retraced immediately and I stopped out with a large bearish candle.
A loss of 4 pips.
The third trade was a short after confirming a lower low, and I captured about 27 pips.
So far, 2 wins and 1 loss for about 35 pips of profit.
The key is not to be greedy.
I often see various tool sales pages (not criticism at all; (^_^;))
There are chart images showing hundreds of pips on a 1-minute chart.
Some claim settlements take hours or more than a day.
Huh? I wonder if anyone is day trading or swing trading on a 1-minute chart?
I trade swings on 4-hour or higher, and for day trading I look at the 4-hour chart and measure timing on the 5-minute chart, for example.
A 1-minute chart is mostly for scalping, so I don’t take long to realize profits.
If I did, it wouldn’t be scalping anymore...
The word scalping comes from the meaning of scalping, which is “to skin the scalp.”
In other words, to take even thin profits bit by bit.
Since it’s a 1-minute chart, another opportunity comes quickly.
Even if a previous trade ends in a loss or if profits extend after taking profit, that’s fine; I’ll enter again at the next opportunity.
Another tip: have the courage to cut losses immediately if you think, “This is bad, maybe not right.”
In my second trade, the conditions were met and it immediately became profitable, but the oscillator turned blue.
I watched the chart carefully from there, preparing for a reversal.
Just as it was about to form a large bearish candle, the oscillator turned back, so I anticipated that it might rise again but could dip a bit deeper, and I closed with a small loss.
Of course, I’ve described the stop-loss method in the manual as well, and I’ve released it with a positive expected value overall, but as your skills improve and you can make such judgments, you’ll be able to trade with even higher quality.
Everyone, let’s do our best!
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