A holy grail scalping strategy

[Forexer Guru]

@maxinger my good friend, I hope you understand this scalping magic.

 

[Forexer Guru]

we missed eursgd because of the tough rules we have set for ourselves
We have to keep those rules otherwise we will win today and lose tomorrow and total work done will be zero

 

[Forexer Guru]

By the way, today I am in Nairobi, Kenya and its daytime 11.34 AM to be specific.

 

[Forexer Guru]

Finnaly - exectly what everyone here was looking for 4 many years.
And how much you are going to charge for your HG?

Hi @tzachi my sarcasm meter stopped working in the process of learning ways to trade forex. I don't know what you mean

 

[Forexer Guru]

AUDNZD 1 hour to closing

also since this is scalping, holding time is 2 hours or less

AUDNZD 1 hour 10 minutes remaining

 

[Forexer Guru]

The next pair I will analyze is EURSGD
entry point 1.4435
sl 1.44146

If price falls to from the current level (see the chat below) to 1.4435 don't hesitate to risk something. Its always good to use demo account

I feel so bad I missed EURSGD.
Here is your assignment: how can we take advantage of such opportunities? What improvements (in the trading strategy) are needed?
Inbox your response

 

[MarketMovers]

You seem to be quite knowledgeable about this. Have you published your trading results and if so, do you offer signals on mql5/signalstart or something like that

 

[Forexer Guru]

Have you published your trading results and if so, do you offer signals on mql5/signalstart or something like that

check your inbox

 

[Forexer Guru]

You seem to be quite knowledgeable about this.

forex trading all all about considering the probability of an outcome and the value of that outcome.
consider audnzd and eursgd today

 

[tomorton]

Years ago, the January effect was a winning strategy. Not anymore, after it became well known.

It seems that The January Effect was a real market phenomenon, not a statistical blip or an error in analysis.

It is also clear that although it still occurs and has not been made extinct, the strength of January gains is much reduced, so that a strategy based on the January Effect would be of little value.

The reasons for the loss of potency of the January Effect are the reduction in trade costs, changes in taxation rules (which acted as a catalyst for investors to adjust their portfolios seasonally for tax reasons), and developments of new investment products which are less sensitive to tax regulations and entry/exit costs.

The effect is still in place, especially for small caps, as it wlways was, but it's such a slim margin of advantage it's probably not worth using.

It seems that the market environment changed and this strategy has weakened, which means fewer traders use it. It does not seem that more traders used it so the market actors took advantage of them and made it a loser.