Highest Profit Trading Strategy On The 1 Minute Chart – RSI + Stochastic + EMA

Published on March 27, 2021

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Here I take the highest profit strategy and apply it to the 1 minute chart of EUR/USD to see the results over a series of 100 trades. This performs well in theory but I do not recommend trading the 1 minute timeframe as spreads will make things a lot harder.

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Link to spreadsheet: https://docs.google.com/spreadsheets/d/1LQ7lwnvcB5eacK4PxLXnV1mMEIzSxHzD8IZpP2N1oA8/edit?usp=sharing

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Best Stochastic Settings For 1 Minute Chart

Best Stochastic Settings For 1 Minute Chart, Highest Profit Trading Strategy On The 1 Minute Chart – RSI + Stochastic + EMA.

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The ones you pick refer personal choice but I like the ADX, RSI and stochastic. This is an easy Forex trading strategy which is logical, east to discover and is a timeless way to generate income.

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This depends upon how often one refers the trade charts. When the rules are satisfied, whatever it is, the trader can go into or exit the trading. However all is not lost if the traders make rules on their own and follow them.

Here I am going to show you a basic proven methodology which is a tested way to generate income in forex trading and will continue to work. Let’s take a look at the method and how it works.

The trader can monitor at which pivot level the rate has reached. if it goes at greater level, this can be presumed as extreme point for the cost, the trader then should inspect the Stochastic Trading worth. This will be indicator that the currency is overbought and the trader can go short if it is higher than 80 percent for long time. the currency will go short to much at this case.

Trade the odds and this means rate momentum should support your view and confirm the trade before you get in. 2 terrific momentum indicators are – the stochastic and the Relative Strength Index – look them up and use them.

Resistance is the location of the chart where the cost stops increasing. No new highs have actually been fulfilled in the last few Stochastic Trading sessions and the price remains in a sideways instructions.

Throughout my career in the forex industry, teaching countless traders how to benefit, I have actually constantly suggested to begin with a pattern following technique to Stochastic Trading currencies. I do the same thing with my existing clients. Naturally, I’m going to share a pattern following method with you.

Technical Analysis is based upon the Dow Theory. Dow theory in nutshell states that you can utilize the previous rate action to predict the future price action. These costs are expected to incorporate all the publicly available details about that market.

Position the trade at a stop loss of roughly 35 pips and you should apply any of these 2 techniques for the function of making earnings. The first is use a great threat to a rewarding ratio of 1:2 while the next is to utilize support and resistance.

Likewise, check the copyright at the bottom of the page to see how typically the page is upgraded. I strongly suggest you get at least a megabyte or more of memory. This depends on how frequently one refers the trade charts.

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