Hey, everyone! Let me fill you in on the buzz around one-minute scalping trading. It’s all about that quick 1 to 15-minute timeframe. I like to jump into my positions fast—around 60 seconds—rather than waiting around for a half hour. What’s got everyone talking is the chance to make a bunch of trades in a single session!
When I’m in the binary options game, it’s key to catch the right price direction, not just collect points. Many experienced traders prefer to click the buttons themselves in this scalping style since every tick matters! Sure, there’s no sure way to win every time, but I usually aim for profit targets that are 2 to 3 times my risk. It’s a solid approach to chase after those sweet payouts!
Setting Up My Trading Terminal
When spotting short-term trends and possible reversals, I stick to that one-minute strategy. It’s a lifesaver, helping me catch those signals quickly without getting lost in messy candlestick patterns.
The comprehensive PocketOption trading platform with diverse strategies and insights is a gem for one-minute trading. I can start a trade for just one dollar, which means I can move my funds around easily.
Here’s my go-to setup for the trading chart:
- trade currency USD/EUR;
- Japanese candlestick;
- trade on that 1-minute timeframe.
Let’s break down a super simple one-minute strategy that I rely on. No extra tools needed for this one!
The Basics of My One-Minute Strategy
Now, check it out: the market's not just one-sided. That’s why I see those wild, multidirectional candles lighting up my chart. The Pocket Option platform shows green for the bulls and red for the bears.
Every minute on the M1 timeframe, new candles pop up. If I spot four bars in a row all of the same color, it’s time to jump on a contract!
My one-minute strategy? It's based on the savvy observations of the pros. They say there’s about a 60% chance that after those four candles of the same color, the trend will change.
- CALL action after I see four red candles in a row;
- PUT action after I see four green candles lined up.
Set it for 1 minute.
With this one-minute strategy, I'm making the most of those reversal candles.
Here's a tidbit of advice: I still think that 60% profitability is a bit risky. To cover the risks, I use the Martingale principle. It’s all about having enough in my trading account for at least six rounds. That’s why Pocket Option lets me set the trade volume as low as a dollar. This strategy is solid and can even lead to profits in binary options without needing to know all the fundamentals. Scalping is where the forex crowd jumps on a currency pair, flips it, and cashes out fast to grab a profit.
Market noise? Oh, you bet it's part of the short-term trading game with scalping! This noise is those erratic price changes that happen without any apparent reason, usually due to capital flows, repositioning, and bank activities that can shake things up a bit. If I’m too tight on my exit targets, I might find market noise pushing me out of my position or leaving my profits hanging.
