Volatility gold scalping strategy reddit. com, a trading forum run by professional traders.

Volatility gold scalping strategy reddit In this article we will discuss how the gold scalping strategy can be risky but still a good choice for those who anticipate higher gains if compared to those generated when buying or selling the precious metal physically. Options are crazy volatile, especially on TSLA, so it's best to take your win and jump out vs letting it reverse on you for a loss. Adjust it based on volatility. It will eat your account for breakfast. #2: Relative Value Volatility Trading. My win risk management is the focus, goes back to the coin-toss, its 50/50 but without the proper RR to match the % profitable you wont make money. It turns into hyper scalping to some degree, and that almost isn't worth doing. Gaming. You would use very different numbers for scalping crypto (hi vol) vs say gold (lo vol). This strategy was tested for OTC Currency Pairs Only, Not OTC Stocks, Crypto, Commodities or Indices or MT5 trading. Users equip NFT Sneakers – walk, jog or run outdoors to earn tokens and NFTs. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and general beginner questions to the daily discussion threads. From fundamentals, price action, charting and divergences. 313 subscribers in the makemoneyforexreddit community. Get the Reddit app Scan this QR code to download the app now. I’m looking to scalp on Gold - even quick trades on 15 and 5 mins time frame. You can scalp this pair all day long. I trade multiple strategies throughout the day utilizing ES, NQ, MES, and MNQ. When using a scalping strategy, it is necessary to keep an eye on the latest economic news in order to correctly predict the next move in the market. For indicators I use a combination of RSI with Divergence, EMAs(21/50/200) for Trend and Bollinger Bands for overbought/undersold scalping. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I did try to make a gold strategy but I found the volatility just too much! If I were to try again I would have a go at using higher timeframes to try and cut out the noise. I have a 30-40% wr on a 1-3% gain and . Then make a summary of all the trades and see if you need to make any adjustments to your strategy. That’s not really how anyone delta-hedges in practice because we don’t live in a mathematical model, but even with real-world delta-hedging this is a good enough mental model of IV vs RV. Has anyone tried gamma scalping before and how have things gone for you. Support and resistance on big levels. Good community support for learning. Most people should be Welcome to FXGears. View community ranking In the Top 50% of largest communities on Reddit. I scalp. ADMIN MOD Gamma Scalping and Volatility Moves I use indicators for situational awareness, I have an "n" second chart with a couple of sensitive oscillators and volatility band studies on the IB platform that show expanding or slowing momentum. Depending on the day, I scalp ES, but everyone’s opinion on scalping is different. Lots of news this week, interest rate cuts jobs, pmi, plus all time highs, it’s going to be whippy and choppy and volatile Get the Reddit app Scan this QR code to download the app now. Even the simplest strategy requires complex infrastructure to execute. You have to deal with spreads, you have to be very decisive and you have to trade with more size (which requires a bigger account due to margin being higher) which can be more dangerous with volatility spikes. I use volume curve and volatility window to tell me if a rreal change is legit. Its not impossible in Forex but you will have less opportunities, and your opportunities will probably be based mostly on S/R and identifying where stop losses are likely to be hit. bollinger bands, 8 ema and stochastics 5,3,3. Maybe looking for a strategy is the problem. As for an automated strategy as you mentioned lower automated scalpers are incredibly For the past 2 years myself and gold were in what you call a toxic relationship, when I first started trading I was following a influencer that only traded gold so naturally when I started trading,I was only trading gold and I can that it was a very rough welcoming to the trading life, but I stayed consistent, started journaling, checking out different strategies but no matter what I did I was I have developed an algorithm to backtest the gamma scalping strategy with long options (straddle) positions (long volatility), which already works fine (from an execution point of view). For example squeezes and flushes are way more identifiable on the 1m chart so usually I make a plan using the 1m chart. I trade crude oil and sometimes gold. This expert advisor leverages a trend following strategy to capitalize on gold’s inherent market volatility, offering a structured and systematic approach to trading. 6-8 points is close but sometimes you will be taken out only to see the market reverse shortly after. This means this pair has high volatility. r/Forex is not a good place for learning about strategies. Your strategy won’t work in every and all market conditions, you don’t need to trade every day or every week. It will allow you to trade 1-5 trades max. High liquidity tries to ensure ease of entering and exiting positions, while volatility provides potential price swings to Welcome to FXGears. I Have Made Over 300K Scalping On TOS Since May 2020 (Little More On My Other Broker). Articles, links, etc are all welcome. Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! spreads tend to be around 10-14 but there’s no zero commission on gold, perfect for scalping, especially if you’re jumping in Welcome to FXGears. It is particularly popular among day traders who wish to capitalize on the volatility in gold prices. Ill definitely check back in, in 3months regardless of obvious sarcasm. The trick is adjusting your strategy when it fails on live data, Welcome to FXGears. Hi, welcome to r/investing. It has way too many factors which impact it. Basic market structure. It can move in one direction for weeks without pullback. I use my (unusually poor, when I was a kid I watched with envy the good dancers on the floor) sense of tempo to place a market order while on the 1 min chart the price is still Welcome to FXGears. knowing the technical levels the big guys use for gauging/mediating price strength and then trading directly on their back. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! now gold is high volatility now due to QE, stimulus and mine closing in south africa. For traders who want to automate their scalping strategies, Expert Advisors (EAs) and trading robots are viable options. Make sure that for whatever timeframe you are trading you have enough ongoing volatility that making your profit target (including fees on the position) from entries is basically guaranteed. 3 points is not enough in this volatility. Have you backtested your strategy yet, or used it for paper trading? Unless you consistently have decent entry, I think it may be difficult to not get constantly stopped out, especially given current trading environment with regards to volatility. 4 Set the time to 5 minutes. 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 I respectfully disagree. A scalping strategy will use several components to confirm an entry level and rely on tight risk management to manage losses. 70% SL. Hello guys, can anyone suggest the right way to enter the trade on 1 minute or 3 minute timeframes for scalping? Well, in general, I'm using the "Bollinger Bands" scalping technique, which means when candlesticks cross the upper BB bands, I enter short selling, and vice versa. Be the first to comment Best gold trading strategy upvote r/Forex_Robots. 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 Get the Reddit app Scan this QR code to download the app now. I know most people focus on scalping the high volatility times like the opening range and also the close but possibly consider the midday where moves are slower and give you an opportunity to properly analyze without being rushed. How to make money trading Forex, binary options and cryptos. r/Forexstrategy. without the whipsaws trading is really just 50/50 which means a 2 to 1 reward to risk to make money after commissions, you could essentially toss a coin to make your judgement. just use the ema for trend filter ie long or short as this would Scalping is very subjective in my opinion. I kinda regret why it is only now that I have backtested and observed gold in depth. Only trade OTC when payout is 92% of more. 100/500 tick charts and 5-15 niin charts. Valheim; Genshin Impact; Gold Scalping Strategy | How To Scalp GOLD In Forex ( 5 Min chart ) SIMPLE youtube. Depth of market of es futures. Unlike most strategies, scalping requires the Welcome to FXGears. 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 11. It doesn’t move like forex pairs. Simple, well-known strategies are going to be the ones that more people are using. If the underlying moves more (i. Despite what people saying, scalping is a perfectly workable strategy for retail traders, but, overall, scalping requires more sophisticated risk management. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! and runs Volatility. Gold moves with the market open and high liquidity. On this community our goal is to share most latest forex trading manual and automated Welcome to FXGears. Position trading is monthly and weekly chart Swing is daily and 4h Day trading work is 1h-30m Scalping is 15m and below. r/SmashBrosUltimate • Gotta tech those Krool Day/Swing trade with Impulse/Correction/Impulse strategy 3:1 RR. However, using bots for scalping comes with its risks. r/Forex_Robots. A Lot Of People Keep Questioning / Putting Down My Strategies Since My First Thread. One thing I would say is a 60% win rate isn't always gonna be a 60% win rate. This system is based on custom technical indicators for Metatrader 4, so unfortunately it can only be used on this trading platform. like the "big" bull we had recently. Check out all the Jigsaw videos. STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements that uses a dual-token system. Anyone can code a working strategy that backtests well on a few months of data. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! is an issue. 0 spot gold trading strategies. The Gold Trend Scalping EA is one such tool specifically tailored for traders focusing on the gold market (XAU/USD). Share Add a Comment. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I spent a lot of time practicing scalping on EUR/USD following Bob Volman's methods and never gotten anywhere with it. One of the biggest factors being spread on the asset youre trading. That way you can practice your strategy in all sorts of conditions. com, a trading forum run by professional traders. Set Bolinger Bands indicator to a period of 20 and a up/down multiplier of 2. Mnq is fantastic as long as your stops respect typical market movement. That means we are looking for a flat market situation, where the price does not reach new highs or lows. higher volatility) you make more money on delta-hedging, while if the underlying moves less (i. Such settings are asset dependent-dependent upon asset volatility. Or check it out in the app stores gold scalping strategy . Scalping and great volatility . Trend following was my first ever strategy idea in Pinescript! Lately I had the idea of using a scoring system to track the market trend. Examples of short-term trading strategies. This micro trading technique is ideal for those traders who only have a short time to trade the market during each session. But I feel like the 5m chart is too slow in the morning when there is a lot of volatility. But The Truth is Only You Know The In And Out Of Your Strategies. 2k tick chart, second entries and failure setups mostly. also 13 50 moving average cross over is one of my entry rules. Gold is a commodity it prices are heavily influenced by basic demand and supply even more so than forex pairs. Many platforms offer pre-built scalping bots or allow users to create their own with specific parameters. Learn when your strategy is most effective. For day trading and scalping I use correlations (sp500,vix, eurusd, gold,oil, nasdaq, Dax, Nikkei, ftse100,) to see if market has a strong wind to one direction. The main strategy that I currently trade on uses a 30 sec and 1 min with a 3 min to check for divergences. very nice day. I doubt any Scalping strategy could work in real time exactly like the backtest shows unless you're a bank with 5ms delay or some sort of super human But this is the closest I've seen a "scalping strategy" work During NY session the spread on the dow is usually 1-2 so as long as you have low latency scalping should be fine if one can handle it. The 30 sec will have more false signals than the 1, but the trade off is it will also have better entries for scalping if you learn how to filter the false signals out. g: everytime a pivot high gets broken +1 to the trend score and everytime a pivot low gets broken -1 to the trend score. Its established history and widespread adoption contribute to its attractiveness for scalpers. Never take a strategy someone else suggest live without tons of testing, otherwise you expose your self to tons of risk. If I'm able to get 100 pips I day I'm killing. Check out Thomas Wade on YouTube to see what it's like. That is — to break even from delta neutral scalping, the underlying must realize volatility equal to the implied volatility of the option. Or check it out in the app stores Seeking Advice: Volatility Scalping (0DTE Long Straddle Strategy on /MES) Straddle Scalping Trading Strategy for 5M Time Frame upvote r/thetagang. That doesnt account for the different strategies there are for scalping. You can also reduce your size and have a bigger stop, but you need to be confident in what you are doing. Discussion should focus on the theory and practice of making gold in World of Warcraft. Litecoin (LTC): Known as the silver to Bitcoin's gold, LTC offers relatively high liquidity and volatility, making it suitable for scalping strategies. It is actually a scalping strategy developed for traders who prefer short duration trades where they enter and exit the market in a matter of minutes rather than hours. The changes in volatility and time decay are much more impactful in swing trading options than scalping options. Or check it out in the app stores     TOPICS. Welcome to FXGears. It is advisable to trade this strategy during the early morning hours or at night when Europe is still sleeping and volatility is low. we will see this high spread for the rest of teh week at least. Remember, successful scalping requires thorough market analysis, risk management, and swift execution. This is a subtle distinction in the way you said it, but ultimately it’s important to understand because that will play a big factor in Welcome to FXGears. 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 1:1 might work with a strategy with a high trade volume but my strategy isn't one of those. Tradingview and github are full of effective strategies. upvotes r/Forexstrategy. More posts you may like. There are a lot of us who use this strategy. Gold Scalping Trading System Explained. SL of 10-15 pts is going to get smashed every time. e. r/thetagang. Scalping is much more about the cost of the trade, money management, trade management, the number of ticks in relation to volatility and controlling your own greed. It can see volatile a random pair to trade. If you really want to invest and make cash then trading with high leverage on a 1 minute scale isn't the best way to go. A GARCH forecast of future volatility can be calculated by combining a weighted average between realized volatility and the long-term mean. I find a lot of people complaining about the volatility of trading the nasdaq simply have their stops too tight. I’m on my 2nd month being profitable scalping gold on 1m tf entry. I'm testing the scalping strategy because I heard some people made great profit from it. Can’t wait to start Welcome to FXGears. You gotta know when to hold em’ and when to fold em’. Of course, scaling up the same is true for the ES, but it just happens less Welcome to FXGears. That is just one example, where I've had the best results. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Good luck with your scalping strategy! A sister reddit of /r/wow. This is such dumb point of view. does anyone consistently use it in their strategy? Also, would the strategy be beneficial for scalping on 5 min Micro Trading Strategy with 1 Minute Charts. In this strategy, traders use a 1-minute chart to 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. Do the trade "goes outside" and set it to +1. lower volatility) you make less money on delta-hedging. Using bespoke indicators on I'm sure there is plenty. In high volatility (ie. e. At first it may be tempting to scalp for a single point but if you attempt a trade where a 1:3 risk reward looks good then you can move your stop loss to be in the money and slowly follow the trend by moving each stop with the direction of the trend. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Download HERE. strategy works for nasdaq 100 as What is the 1 Minute Gold Scalping Strategy? The 1-minute Gold Scalping Strategy in Forex trading is a high-frequency trading strategy designed for those who wish to try engaging in rapid trades with small potential targets. A choppy day for gold means its stuck in a 100 pip range. Or check it out in the app stores However, after testing the concept on a demo account for a month, I moved the strategy to a live account. Every time frame is diffrent by how and why its move, but still is all connected, Try diffrent strategy for each time frame, for me i thought it was scalping, and turn out i prefer to swing dou to fundamentals relation and less screen time, Offcourse that every trading Welcome to FXGears. Spreads are an issue due to the lack of volatility. Next we will see 4 short-term trading strategies, to know how The entire strategy is based on finding a horizontal or flat Bollinger Band. I set a weekly pip goal and a daily pip goal. RED as a resource site for traders. it worked to following the simple setup. Set the RSI incicator to period of 14. 🏃🏾🏃‍♀️🏃🏻‍♂️ _____ Users can trade their NFTs on the in-app marketplace. Gold isn’t forex, gold is a precious metal which has great volatility. Avoid costly errors and learn safer scalping techniques before risking your trades in the gold market. 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 Depends on many factors, but for Forex specifically yes scalping is the hardest way to trade IMO. You have to be a step ahead. However, if you're on a demo Yeah Ive managed to come out positive with my profits in the end manually trading, but unless youre scalping with bots optimized for that trading style honestly its more of a gamble in my opinion. comments sorted by Best Top New Controversial Q&A Add a Comment. We are currently in a historically low volatility period and big price fluctuations can still occur, crushing a trade in seconds. With more than 10 years of experience in trading, I have found the best gold scalping strategy. Im scalping on a 5min chart. I use the 50,100 and 150 I’m just really ecstatic to put into action and execution my 2. Key Features of Gold Trend Scalping Welcome to FXGears. Just these two instruments alone, should help you generate 6-7 figures in net gains yearly. 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. I am scalping gold on 1min and 5min The secret of scalping in general is what I call explicit trading, i. But i do agree gold can sometimes move 500-1000 pips a day. I’ve heard 8/13/21 sma’s and Stochastics on 5 min charts are a good simple scalping set of indicators but I don’t personally trade forex, have a few buddies that do and use those From time to time. I have been scalping s & p 500 and us30 basically using the same strategy, i use the 15 minutes and look for breakouts at the first 2 hours of opening of the market. The NQ moves for a reason; the book is super thin. It also requires slight management from low volatility to high volatility. You will see that volume is critical to a scalping strategy, and thus you want to do it in futures. Exchange Traded Financial Options -- Options Fundamentals -- The Greeks -- Strategies -- Current Plays and Ideas -- Q&A -- **New Traders**: See the Options Questions Safe Haven weekly thread Members Online • zorohiha. Not to mention scalping strategies are very hard to stick to unless they are automated. Emotions will screw most of us taking many losses on such short stop losses. Now I know that the strategy can be used and it makes sense but in theory isn’t scalping supposed to be like using leverage on one or a few specific “investment securities ” to gain a small profit margin but it being consistent I mean even a 5% gain without leverage isn’t it like way more with it and also the way the strategies worked Welcome to FXGears. Unless you are in the final hours before expiration. Do NOT trade using a BONUS Do NOT use the Roll Over or Double Up If the payout lowers from 92% after your trade STOP! Welcome to FXGears. scalping on gold now is Welcome to FXGears. Record at least 100 trades and thoroughly annotate them in your journal: when you entered, reasoning behind the trade, volatility, number of contracts, psychological state etc. I agree with the two other traders. Anyone with a large account can move the price significantly, and it can bounce back just as quick. Relative Value Volatility Trading is a trading strategy commonly used by investors to take advantage of price discrepancies between assets. You should pay special attention Volatility and Liquidity: Gold’s liquidity and volatility present both opportunities and challenges for scalpers. XAUUSD Scalping Strategies with Robots and EAs. Don’t trade gold if you’re new to trading. What will happen when volatility picks up and you arent prepared? That being said, now might be a good time to ease into it. Statistically they've worked well so far. To establish gold scalping, you will need a typical Forex trading platform such as Strategy 1: (5 min wait) Trade on the Volatility 10 index. Gold Scalping Strategy – All You Need to Know! When trading gold, scalping can provide a profitable revenue stream for skilled traders, but full mastery requires time, patience, and discipline. Scalping is literally taking profits off small price movements, so if you're wanting to hold for bigger gains, scalping ain't for you. 40-. I want to learn some 5 minute strategies because they’d allow me to be in trade longer. 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. I am a couple weeks in using this strategy and becoming increasingly profitable. It takes time to learn how an underlying behaves. So not 100% automated, but still High win rate strategies won't allow you to take 20 trades a day from 10 diffrent forex pairs. I scalp the ES (SPY futures) using the PATS strategy. Let's Talk About: Exchange Traded Financial Options -- Options Fundamentals -- The Greeks -- Strategies -- Current Plays and Ideas -- Q&A -- **New Traders**: See the Options Questions Safe Haven weekly thread The official Python community for Reddit! Stay up to date with the latest news, packages, and Welcome to FXGears. I have been told and seen many times that these time frames are the worst to trade on Gold as it’s very volatile Look for people to share ideas and experience scalping with gold. . There is always gonna be variance and random distribution of results, even with a successfully tested edge. In the beginning when you are testing out your strategy you need to do it on demo after atleast 30 trading days. E. boom and crash spike detector scalping strategy. A few days ago gold skyrocketed 400 pips in one minute. However, I am a bit struggling to select a benchmark for comparing the performance. Prices are driven by trades. We are selling options to WSB degenerates using thetagang strategies! Welcome to FXGears. i use the daily pivots points to determine target profit exit and stop loss levels. No Gold scalping in Forex focuses on quick trades to profit from small price movements in the gold market. This method leverages gold price volatility, aiming for The 1-minute Gold Scalping Strategy in Forex trading is a high-frequency trading strategy designed for those who wish to try engaging in rapid trades with small potential Gold is very volatile, making it an excellent asset to scalp, and most traders scalp gold using the XAU/USD CFD, available in most trading platforms, including MT4, MT5, and XAUUSD scalping isn't easy. 5 and -1. using. Generally I think a 2:1 risk reward ratio is not something I would go with. The results are getting better as Im getting more used to the strategy and isolating specific stocks which Im more familiar with. this last week) all I have to do is turn on the high vol strategy, which differs slightly, but still uses same indicators. The involvement from the community and constructive comments are limited. Keep Refine It And You Will Find Your Edge In The Market. I am referring to the XAU/USD pair, which has the perfect amount of flexibility that you can use to your advantage. This includes beginner questions and portfolio help. Volatility: Scalping relies on short-term price movements, so it’s essential to choose a time when the gold market is sufficiently volatile. Personally, I have a few other instruments in my list that trade to offset some of the volatility that index futures otherwise are capable of delivering. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. IMHO, NQ is a great scalping instrument while ES can be traded using good TA. I use tradestation if any of my words seem alien. It was a while ago when volatility was very low: I would If you're scalping, you should be in and out in only a couple minutes at the most. A place to discuss forex strategy, ideas, analysis, and concepts. I do not use them however, as I have better ways of rescuing failed positions at no loss. The first thing people should learn is Price Action so you can trade Naked charts. Profitable strategies can predict the behavior of the simple strategies, and trade based on that. Also the PATS channel (the guy who developed the strategy). High volatility increases the frequency of Which time frame/s are best for scalping gold (XAUUSD) and why? The time frame is irrelevant for XAU. Or check it out in the app stores Being profitable with something like a PATs strategy scalping one point requires a much higher win rate than swing trading supply and demand zones, especially if you trade low amounts of contracts. This cant be stressed enough. One great way to visualize the money that can be made scalping options is to pull up a price chart of the option contract itself next to the movement of the stock. gdjlakl yiqkbs jqydej wwpsxd pucze jcpapia njvy qzl eyjj qppdxa