Discuss 1MinuteDaily.com

[exclusive]

Hi M.O.B.
Great screenshot. As they say, a pictures worth a thousand pips.
The resistance you mentioned on the yellow arrow, was that through your
S/R rule or something else? And is there any way you could put up a screenshot of a 1 minute daily trade, where the 1-2-3 S/R would have kept you out of a bad trade. I can appreciate the breaking of the 1-2-3 setup and how you could trade that, but the 6-12 pip S/R area that John Templeton mentions is a little grey (to me anyway).
many thanks

 

[exclusive]

Hi all,
Has anyone had dealings with or heard of the "Forex Breakout System" by sureforexsystem and what their results have been e.g. drawdowns, etc. From what I can see on the site, it's similar to 1 minute daily.
cheers

 

[haan]

Hi all,
Has anyone had dealings with or heard of the "Forex Breakout System" by sureforexsystem and what their results have been e.g. drawdowns, etc. From what I can see on the site, it's similar to 1 minute daily.
cheers

Hi Exclusive,

There is a thread at donnaforex about this system. Some people from there said it is actually copying someone's idea from forexfactory on "0400-0700 GMT Breakout System" that uses a tighter range and an ema. In terms of profitability, I think 1 minute daily is better.

 

[exclusive]

Thanks Haan. Much appreciated.

 

[jgadefelth]

m.o.b hi what i read from u it is verry intresting. What i can see there are other people here and also me that like u to explain more show how u trade sort of cant u make a new thread here or at another forum so we can watch u and learn please.


best regards

 

[tony71]

Hi M.O.B,

I have been reading all your posts and they are amazing!

Thank you!

One question I have is are you on the east coast and what time do you normally trade? I live in DC and the London session is so late, around 4am?

 

[marquesmaiden]

M.O.B you are a true gentelman.
I would like to thank you for all your work and information share. First was the price action now the scalping system, both look great systems. This week i will try to use the scalp system at London open and follow the market by the morning and hope to post here my (positive) results.
I'm not a scalp trader but who knows i wll become one

For this and much more Thank you very much.
Cheers

 

[jgadefelth]

i would love to understadn the 5 min scalp system also i have dosnloaded the template and i have read the rules and i also look at m. o.b s picture 3 arrows but i dont see a winner no trade reach the middle line. Please help me understand i really would like to understand :unhappy:


best regards

 

[marquesmaiden]

Hello everibody.
I just got home from work and did a little backtesting with the scalping method using the EURJPY pair.
I used charts from 14 until 19 June (last week) and it was 100% sucess, this looks very promissing. Tomorrow i will use others pairs. Let's see if USDJPY, GBPUSD are as good as this one.
I think i like this thing called scalping. LOOL.

Cheers.

 

[gaith bajubeer]

We must wonder with statistics even a strike rate of 90% you going to have a series of losses.Wondering what the best money stragey here would be.The safe 1% per trade or something more agrgresive like 2% per trade,but if your hunting other pairs on the 5 min,you could be playing more than one pair at a time,so perhaps 1% is more logical.I think 1.5% is decent.