PitDee

Re: Price Action, Naked trading only

Sorry my previous post had a bad quality image, I had to resize the image to 50k as the max size for an attachment.

This time I tried with candlesticks, I hope the chart can be seen better (well, it's naked chart, so there is really nothing to see).

As you can see from my trades, all trades are scalping type of trades trying to squeeze a few pips here and there, this is not my goal though, I am planning to trade 'daily' chart, it's far more profitable and less stress.

Don't forget your stop loss! (I don't always place my stop loss when I am glued to the screen, but stop-loss is always there when I am away from the computer screen, just in case market is going crazy...)

And don't forget to always follow your risk rules! (again, in case market is going crazy :))

Good trades everyone!

Re: Price Action, Naked trading only

Hello,

Just joined this site not too long ago, I am just a newbie, just started my demo account this week, trading naked, so far it's been wonderful, hope will continue this way....

Here is my trading results so far...

Pitdee.

Re: Is M5 scalping dead?

Hello,

I have seen people trade with 5Minute system, and I personally think it works, not that I am doing it but for some people, they have a proven method that works for them.

So I think the statement that says it doesn't work is not true. Some people even trade at lower timeframe such as 1 minute or even 5 seconds!

There are people who use THV system, and even the creator of this system uses 1-Minute timeframe for scalping and it seems to work well for him.

PD.