Forex Trading - Three Strikes and You Are In! Scalp
Loading...
Link to this comment:
Uploader Comments (BKTraderFx)
All Comments (10)
-
Hey Boris, I think it's a good thing you onlt trade this on the three above pairs. I tried it with audusd and audjpy for a week, maybe those to pairs just had a strong up week, but hereis' my resuly anyway:
audjpy: 1 long, 3 short, all losers. avg time in trade - 17 mins.
audusd: 1 long, 3 short. one short was a winner, the rest losers. avg time in trade - 33 mins.
will try on the gbp pairs next!
-george
-
I use the 3 minute time frame , I trade with GFT, same basic set up . I will look to my RSI , for warning signs
-
After the spread you'll only make 9 pips at most on the EUR/USD (8 pips at GFT). So you're paying a handsome commission/expense of about 10% to 30%!
-
Boris: Great simple technique. Question - Would you use in another timeframe say, 15min or 30min? and does it work the other way ie sell on 3 up closes?
6:50Forex Trading - What Works in Scalpingby BKTraderFx10,860 views
- 8:02Day Trade ** 1 Minutue Super-Scalping Course **...by pandastockpicks128,017 views
- 6:47Forex Trading - How to Pick Tops and Bottoms Pr...by BKTraderFx11,050 views
- 9:02Forex Trading - Fast and Furious Tradingby BKTraderFx6,836 views
- 9:05Forex Trading - A Swing Way To Scalpby BKTraderFx4,090 views
- 8:05Forex Trading - Martingale Like a Marketmakerby BKTraderFx6,243 views
- 7:05Forex Trading - The Big Bar Scalpby BKTraderFx2,751 views
- 10:06Forex Trading - A Thousand Ways To Scalpby BKTraderFx3,692 views
- 6:16Forex Trading - Three Killer Forex Strategiesby BKTraderFx4,640 views
- 5:37Forex Trading - Why Time is Better Than Priceby BKTraderFx1,706 views
- 8:44Forex Trading - Classic 00 Scalpingby BKTraderFx3,066 views
- 8:50Forex Trading - Anatomy of a Scalpby BKTraderFx2,470 views
- 8:02Forex Trading - Getting the Edge in Extreme Sca...by BKTraderFx3,670 views
- 5:54Forex Trading Strategies: A Simple Way to Scal...by BKTraderFx3,800 views
- 9:10Forex Trading Strategy - Scalping Tips From Rea...by BKTraderFx2,265 views
- 2:34Trading for Profit! - Let Me Teach You-by MomentumFly550 views
- 7:39Forex Trading - Scalping, Selection and Successby BKTraderFx3,386 views
- 5:18Boris Schlossberg Millionaire Tradersby ilyanaLanai78,949 views
- 7:33Forex Trading Strategy: One Pip from Victoryby BKTraderFx1,658 views
- 3:52Get Your 20 Pips a Day - Member Trade Exampleby forexteam3,345 views
Hey Boris, I like it!! i'm going to test it out on AUDUSD and AUDJPY during the first two hours of the Asian session.
gh
dhanjots 2 years ago
I trade this only on euro gbp and yen let me know how it works
BKTraderFx 2 years ago
This setup requires tremendous liquidity and good two way markets that's when reversion to the mean works best, so that why I focus only on euro yen and gbp
BKTraderFx 2 years ago
My favorite TF is 5 min. also. Thislesson is a good reminder about rubber band theory. Price can go out on these excursions but always needs to seek equilibrium. Also a good lesson in the necessity of having an agile mindset as a trader. I love that you start the video with the statement that you of all folks is here to remind everyone that fundamentals isn't everything on these short term opportunities!
jnevins 2 years ago
RFLOL - thanks for the kind words. I believe that to be good trader you need to be mindful of both techs and funda - that why its so hard
BKTraderFx 2 years ago
Vanmojo999 :"
Absolutely correct that's why you need to be accurate 70% of the time to overcome transaction costs
BKTraderFx 2 years ago