Forex scalping in 1 min time frame

corei

Junior member
Messages
32
Likes
0
Sorry for my noob question. I have a scalping system with target profit 10 pips.

Is it possible to scalp for 10 pips profit considering both long and short spread from broker?.

If it is not possible/very hard to do than what is the shortest time frame that is tradeable, 5 mins?

Lastly, my broker is thinkorswim.com do you guys think TOS have competitive spread ?

Many thanks
 
You're gonna get ****ed.

1 minute chart is ridiculous. Seriously, you'll be laughed at by six year old girls in your local playground.
 
You're gonna get ****ed.

1 minute chart is ridiculous. Seriously, you'll be laughed at by six year old girls in your local playground.
 
Scalping 1 min Forex is tough.... 10 pips is mere background noise, ie random.. it maybe possible but with the spreads also, I can only wish you good luck!
 
Get yourself a tuxedo, a couple of nice brasses and pour a big martini. Then pretend you're at a casino.

Results should be the same but you'll save the cab fare home.
 
corei, depend in your mental skills to scalp, if you are comfortable with scalping 1M that's great
this is your skills and personality, and consider sitting infront of more than 2 screens and for at least 6 hours :cool:
 
Sorry for my noob question. I have a scalping system with target profit 10 pips.

If it is not possible/very hard to do than what is the shortest time frame that is tradeable, 5 mins?


Have you looked at 15-20 pips on the 10-15 time frames?
 
Top