Forex gold scalping strategy reddit

Forex gold scalping strategy reddit. 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. 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. Get the Reddit app Scan this QR code to download the app now METATRADER4: Gold Scalping FOREX Trading Strategy- XAUUSD (High winning Locked post. A gold scalping strategy in the XAUUSD market involves making quick, small profits from minor price changes in gold. com, a trading forum run by professional traders. 1. A successful gold scalper is quick, informed, and uses a blend of technical analysis, risk management, and a well-defined trading plan. New comments Welcome to FXGears. 1K subscribers in the ForexCracked community. 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. You should pay special attention instead to retracement and expansion. You can scalp this pair all day long. This system is based on custom technical indicators for Metatrader 4, so unfortunately it can only be used on this Welcome to FXGears. Reddit Forex Scalping Strategies: 1- Scalping trading using the stochastic oscillator. Welcome to FXGears. No one in their right mind will teach you this though. Scalping gold in the forex market is an exhilarating yet demanding strategy that requires a precise set of skills and tools. The secret of scalping in general is what I call explicit trading, i. No crypto!! Welcome to FXGears. S/R zones are beneficial to any strategy so using them would be a good idea. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. Stochastic Oscillator 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. No crypto!! The best scalping strategies. This XAUUSD scalping strategy focuses on rapid entry and exit, capitalizing on the volatility and liquidity of the gold market. On this community our goal is to share most latest forex trading manual and automated strategies. Jun 10, 2023 · With more than 10 years of experience in trading, I have found the best gold scalping strategy. A place to discuss forex strategy, ideas, analysis, and concepts. Moving average strategy. Parabolic SAR Indicator Strategy. Articles, links, etc are all welcome. I am scalping gold on 1min and 5min using no indicators. . e. 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. RSI (Relative Strength Index) 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. knowing the technical levels the big guys use for gauging/mediating price strength and then trading directly on their back. Gold moves with the market open and high liquidity. Scalping can be achieved by using the stochastic oscillator. The term stochastic refers to the Welcome to FXGears. 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. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video… Welcome to FXGears. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. eqttj uou pcgczlzl luxfv leggad txonuwfg kke kwrdygb qlt jypdwv