I just watched your video on YouTube ( love it, love it!
I'm throwing a script together based on this concept. I've been watching EURUSD (just opened a demo acc with GCG and their 1 pip spreads) and manually did what your script does and scored $1,000 in about 2 minutes!
On M1 chart bars are (currently) on average 3 pips long and ticks seem to gravitate to the center of it. So you buy when it ticks to the low side of the bar and sell when it ticks to the high side before coming back to the centre to get at least a pip. And with 1:1000 you can use pretty big positions so i can see it adding up pretty fast!
Does this sound about right? And with quick execution i can see it working pretty much like your script does. How does this sound, am i close? Do you have any tips (or hints) ;)
Hi all. I'm Sharp scalper and I love to be fast trader . I believe each 1M chart has secret. it's my pleasure discussion with all of you. I Apologize right now im away for home I will back soon. kind Regards. Bader
chinmivi posted: Very interesting. From what I understand, that´s not a manual trading. Right?
Kind regards, Christian
No, looks like its a script acting as an EA. However, i just traded manually using this technique and in maybe about 10 minutes total I've turned a $5k demo account into $15k, so its doable manually, you just need quick reactions!! Mind you its a 4 digit broker with fixed 1pip spreads and no commissions, so all i need is a 2 pip move to make a profit!
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