Hello Traders!
This is a Trend continuation triangle pattern I found on the 1min chart and there are min left until the breakout. Once it starts signaling an end on the 1min TF or lower, I will be looking to go long to targets. Trading 1min Tf is just like trading the 15min, 1hr, 4hr, etc. The only difference is descitions must be made a lot faster and lot sizing must be measured in the blink of an eye, other than that, the patterns and reactions remain the same.
Anybody that sees this post in time, Good Luck!
This is a Trend continuation triangle pattern I found on the 1min chart and there are min left until the breakout. Once it starts signaling an end on the 1min TF or lower, I will be looking to go long to targets. Trading 1min Tf is just like trading the 15min, 1hr, 4hr, etc. The only difference is descitions must be made a lot faster and lot sizing must be measured in the blink of an eye, other than that, the patterns and reactions remain the same.
Anybody that sees this post in time, Good Luck!
Trade active:
Entered a first position trade. 2 pip SL
If market takes me out, I'll look for a re entry
If market takes me out, I'll look for a re entry
Comment:
SL now in profit.Perfect example of how to scalp a 1min chart for quick profits on a daily basis..
Trade closed: target reached:
TP1 hit. quick trade. took a couple hours, great R/R. looking for more 1min setups tonight...
Trade closed: target reached:
both targets hit
David K Giraldo