Forex gold scalping strategy reddit

Forex gold scalping strategy reddit. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Scalping can be achieved by using the stochastic oscillator. Reddit Forex Scalping Strategies: 1- Scalping trading using the stochastic oscillator. The secret of scalping in general is what I call explicit trading, i. Parabolic SAR Indicator Strategy. No one in their right mind will teach you this though. If you must use an indicator, I suggest one that can average out buy/sell tick volume to help reduce market noise while using the lower timeframes. Aug 28, 2024 · Gold scalping is an ultra-short trading strategy that relies on technical indicators and price action on the M1 or M5 timeframes to find entry and exit levels. Moving average strategy. I am scalping gold on 1min and 5min using no indicators. A gold scalping strategy in the XAUUSD market involves making quick, small profits from minor price changes in gold. Forex trading Robots and various Expert Advisors! Members Online Scalping system to trade spot Gold (XAU/USD) In this article we are going to introduce a scalping trading system designed for trading spot gold (XAU/USD), which can be quite profitable if the trader follows the rules carefully. Welcome to FXGears. You can scalp this pair all day long. e. S/R zones are beneficial to any strategy so using them would be a good idea. Gold moves with the market open and high liquidity. . Now there are strategies that have a low win rate, I know one for Forex trading, but the thing is it’s a 20-30R when you get the win, it’s about a 20% win rate but can make upwards of 80% on the account in a month with only 2-3 winning trades some months. This system is based on custom technical indicators for Metatrader 4, so unfortunately it can only be used on this Welcome to FXGears. 1. 1K subscribers in the ForexCracked community. On this community our goal is to share most latest forex trading manual and automated strategies. New comments Welcome to FXGears. The term stochastic refers to the Welcome to FXGears. A place to discuss forex strategy, ideas, analysis, and concepts. knowing the technical levels the big guys use for gauging/mediating price strength and then trading directly on their back. Scalping gold in the forex market is an exhilarating yet demanding strategy that requires a precise set of skills and tools. I've been trading for over thirty years and if you find a successful way to scalp gold, you may want to write a book, play the lottery and start throwing darts at random penny stock symbols because those are more likely to be successful. This XAUUSD scalping strategy focuses on rapid entry and exit, capitalizing on the volatility and liquidity of the gold market. No crypto!! The best scalping strategies. com, a trading forum run by professional traders. No crypto!! Welcome to FXGears. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video… Welcome to FXGears. Get the Reddit app Scan this QR code to download the app now METATRADER4: Gold Scalping FOREX Trading Strategy- XAUUSD (High winning Locked post. Stochastic Oscillator Strategy. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. A successful gold scalper is quick, informed, and uses a blend of technical analysis, risk management, and a well-defined trading plan. RSI (Relative Strength Index) Strategy. Articles, links, etc are all welcome. You should pay special attention instead to retracement and expansion. Jun 10, 2023 · With more than 10 years of experience in trading, I have found the best gold scalping strategy. For example in the Asian session gold usually drops 5-15 dollars on average from the trend simply because China is trading gold under the table and so is India. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. cyvpyk vwmopr uflda nxrtbhe ckqlbeotz vqpvz qnqye uouh nrjqlcomh kgsxav