By focusing on scalping the market open, we are able to reduce our total trading window to just a little over an hour in the morning, making this a great balance of trading and lifestyle.
1:8 Risk to Reward
This plan offers one of the highest risk to reward ratios available in from a signal provider in the industry. Low risk, high reward.
Fast Trades
Don't have the patience to hold those longer term trades into profits? No worries, this system is built by and designed for those who don't want to HODL.
Plan Details
Using the volatility of the markets at open to make large moves, combined with our exclusive confluence of indicators that give us precise entries with minimal drawdown, we are able to capture respectable pips to the upside while minimizing risk on the downside.
Due to the lower risk size, you should not be expecting an 85% hit rate like other groups often promise (and rarely deliver). However, due to the limited trading window of this plan combined with the fast moving candles at market open, it should be easier for you to actually take all the trades and not worry about missing that one big winner that got away. This plan is set up in a way that you get in fast, and you often get out fast as well, leaving less room for emotions to allow us to do something stupid.
This plan does not trade on days when there is high impact news during our trading session time frame. This makes it a good candidate for a lot of prop firms that don't allow news. This will also get you a few extra days off the charts every month to go and enjoy life!
Telegram
Scalping
1 Minute
1:8
9:15AM - 10:30AM ET
2-4 Daily
100 - 120 Pips
800 - 960 Pips
No
Strategy
This is a low risk and high reward strategy, meaning that it will have a lower win rate, but the larger size of the gains outweigh the larger number of losses.
This strategy requires fast execution as the market is volatile in this time frame, so you will want to be able to enter your trades within several seconds of receiving the signal. Due to this, it may be helpful to use a signal copier to enter the trades as fast as possible, ensuring maximum gains and minimal losses.
These moves are not gigantic, a full TP6 (1:8 Risk to Reward) is only around 800 pips, and our stop losses are around 110 pips. Due to this, you may find that you need to increase or adjust your lot sizes to compensate for the overall smaller amount of pips being captured compared to other setups.
Due to the nature of these smaller pip sizes, you may find that your brokers spreads could be considered a significant factor here, as a difference of 200 pips or so is a ~20% difference on your entry price, which can skew the risk to reward ratio quickly. It is advised to use a broker or prop firm that offers raw or minimal spreads to best take advantage of this strategy.
Frequently Asked Questions
Question
Answer to that question...
Do I need Telegram to access the signals?
Yes. All of our signals are sent via Telegram messages. Telegram is a secure messaging application that is free to use. There are also trade copying tools built around Telegram and MetaTrader, making this an ideal messaging platform for traders.
Do I need a computer to trade these signals?
No. If you have access to an Android phone or tablet, you can trade from your mobile device. Apple currently does not allow MetaTrader apps in its appstore, so if you if you don't already have MetaTrader on your device, you will not be able to access it. It is definitely highly recommended to use a desktop or laptop as your trading device, for many reasons. A desktop or laptop would be required if you plan to automate any of your trading with trade copier software, as these are all exclusive to the desktop applications.