Forexmospherian
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I have tried from the 30 seconds to the 10 minutes timeframe on EU, but to be honest I could not make it, but due to my good MM I have not lost any money but I have also no made them.....Maybe this can be the way....
ATM I am only trading a BO system on Crude and the Dax and I only day trade, I am out at the end of the day win or lose, I am only taking one trade per day, today I am long crude, covered 1/3 in profit, the rest I will wait for the and of the day.....
My profit comes from only 20 % of my trades....so I always looking for a nice move.
seems like is testing 95 again...
Interesting on what you say
Unfortunately - I have never traded any other instruments other than FX pairs in last 13 yrs - not even Gold or silver - and have not experience on the DAX / ftse / Dow etc etc
I depend on taking between normally 10 -20 trades a day to make my 50 pip+ target. Every day is different - sometimes it easy and even 6 or 8 trades and I am there - otherdays I need 15+ trades -especially if I have say over 4 losses etc
With my stops being so tight ( normally under 5 pips with spreads included) - i can make RR of 1 on any scalp over 5 pips - which might take anything from 1 to 5 mins
I prefer to achieve 7 -25 pip wins if possible and dont chase every 5 pip move if I can help it
You are welcome here to post any of your FX day trades on any pairs - and I wish you well with your other instruments
GL
Regards
F