Open trading account 
Hello everyone, Today im going to share with you my idea of what I think is a working strategy and I will count on your opinions for ideas on what is still missing.
When i started to gain interest in Forex trading i stumbled upon a website in which the author simply said: Start drawing trendlines on your metatrader and trade each breakout, at the time I hardly knew a thing about trading but i tried the 1 Minute timeframe and zoomed in the candles and tried to trade every trendline breakout i could, I made just over 100 pips that afternoon with little idea on how i had done it, The feeling was exhilarating to say the least, I then continued to try and do this to every trendline and eventually when bust (lol) due to my immature and lack of trading knowledge.
What I want to discuss with you will be based on this same idea, In this strategy I do NOT trade straight horizontal trendline breakouts I only use trendline at an angle which I think is very effective, I consider this a scalping strategy because my idea is not to make 50 or more pips a day but a simple 10 pips daily would do to have a good lifestyle, therefore the target of this strategy would be to make 10 pips a day or 20/ maximum but for the more adventurous traders I think there is possibility to make much more due to the opportunities I have noticed throughout the day.
Now my only problem with this strategy is not knowing which indicator to use to avoid little breakouts (5 pips or less) could it be stoch? CCI ? That is the question I am leaving my readers, To use this strategy you need to have an eye for angles and visualize where the break could happen and draw along the trendline, the point of this would be to then enter a trade hitting 5-10 pips and be done for the day, If the trade begins to move away from your angled tradeline simply close the trade even if you have only made 2 pips. Losses should be little because again, anything outside the line you have draw will enter a different trend from what you are following.
This is an example of what I have said above, As you can see i use no indicators simply price action and drawn angled trendlines, the only extra is a news alert as it is important to not trade a few minutes before of after each news release comes out.
When i started to gain interest in Forex trading i stumbled upon a website in which the author simply said: Start drawing trendlines on your metatrader and trade each breakout, at the time I hardly knew a thing about trading but i tried the 1 Minute timeframe and zoomed in the candles and tried to trade every trendline breakout i could, I made just over 100 pips that afternoon with little idea on how i had done it, The feeling was exhilarating to say the least, I then continued to try and do this to every trendline and eventually when bust (lol) due to my immature and lack of trading knowledge.
What I want to discuss with you will be based on this same idea, In this strategy I do NOT trade straight horizontal trendline breakouts I only use trendline at an angle which I think is very effective, I consider this a scalping strategy because my idea is not to make 50 or more pips a day but a simple 10 pips daily would do to have a good lifestyle, therefore the target of this strategy would be to make 10 pips a day or 20/ maximum but for the more adventurous traders I think there is possibility to make much more due to the opportunities I have noticed throughout the day.
Now my only problem with this strategy is not knowing which indicator to use to avoid little breakouts (5 pips or less) could it be stoch? CCI ? That is the question I am leaving my readers, To use this strategy you need to have an eye for angles and visualize where the break could happen and draw along the trendline, the point of this would be to then enter a trade hitting 5-10 pips and be done for the day, If the trade begins to move away from your angled tradeline simply close the trade even if you have only made 2 pips. Losses should be little because again, anything outside the line you have draw will enter a different trend from what you are following.
This is an example of what I have said above, As you can see i use no indicators simply price action and drawn angled trendlines, the only extra is a news alert as it is important to not trade a few minutes before of after each news release comes out.