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  1. #21
    Rookie Member
    60 second trading is profitable if you stick to strict rules 75%+. I have tried higher time frames and the winning percentage is no better with my system. the only way of increasing the winning percentage is to trade time frames within time frames.

  2. #22
    Specialist Member marvel's Avatar
    Quote Originally Posted by rick888 View Post
    60 second trading is profitable if you stick to strict rules 75%+. I have tried higher time frames and the winning percentage is no better with my system. the only way of increasing the winning percentage is to trade time frames within time frames.
    Looks interesting but are you sure you are able to trade it this way? Trading timeframe within time frame is not as easy as it looks because most of the time they contradict each other and also there is too much market noise on the frames below 30 minutes, which could not be excluded, but if you are successful share with us some tips from your trading style!

  3. #23
    Rookie Member
    .I know waiting for each hour can be a pain so its ok if you want to use the 60 seconds I just don't.

  4. #24
    Rookie Member
    Here is my trading system.
    1 the candle has to be touching or be outside of the bollinger band
    2 the green line has to have crossed the red line and be above on the stochastic. Set the levels at 85-15.
    3 the cci has to have been below the line and heading back up to cross obove the line. Set the cci at 7
    4 do the same for the rsi as with the cci. Set the rsi at 7 with the levels at 75-25Click image for larger version. 

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    do the opposite for sell.

  5. #25
    Senior Member dorrian's Avatar
    Nice strategy and very simple! Do you use it in your trading and do you have some initial data how it perform on different markets?

  6. #26
    Rookie Member
    this system works well in all markets, the only thing to be careful of is a strong breakout. don't get in to early. the system still takes a bit of practise. Anyone can achieve at least 70% when they first start and build to 75% plus. I recommend a demo account before live.
    If anyone has some improvements be my quest.This system can be used in forex for scalping aswell

  7. #27
    Veteran Member hchandra's Avatar
    Quote Originally Posted by rick888 View Post
    this system works well in all markets, the only thing to be careful of is a strong breakout. don't get in to early. the system still takes a bit of practise. Anyone can achieve at least 70% when they first start and build to 75% plus. I recommend a demo account before live.
    If anyone has some improvements be my quest.This system can be used in forex for scalping aswell
    Nice strategy you share that, but I think not quite fit for me because I cannot stand it in front of computer for long waiting any sign of indicators,
    I think the most important thing is if its work then it works, if its profitable continue to do it.

  8. #28
    Legendry Member Michael Hodges's Avatar
    thanks for all these tips. . . I however prefer to stay out of such short term trades... all they do is lose me money.

  9. #29
    Specialist Member marvel's Avatar
    Very interesting, but for how long did you trade this way? Are you sure that it can perform the same way independently of the overall marker conditions. Do you test on different pairs than EUR/USD?

  10. #30
    Active Member
    Short trades like this type trading is very hard to predict. I think we shoudn't trade it.

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