It was Asian Session so obviously slow period for EURUSD, that's why put 5 Minutes on bet time. Market was hitting an old support becoming resistance level.
Last minute bar was bearish pin bar, so on next minute 1st ticks should be bearish, that's why once the candles started I enter fall for 5 tick & won. It required practice to trade like this.
Just like the previous day, we saw market was falling badly, so on the 1st of tick of the minute bar entered for 5 tick fall & won it in one shot. With Tick Trade in Forex we got 130% return on investment!
One Caution with tick trade: Do not over do tick trade. Over Trading is very bad.
Just like in my way, I had two trades, 1st trade was with GBPJPY, where I enter early there was no good candlestick pattern, so I lost it 100% of the bet.
Next I checked AUDUSD chart was almost double top, so good zone to trade & enter fall with tick trade. Earned 120% of the bet. That means from this two trades I made 20% profit.
With same method before, market was falling, so on the 1st tick of the minute bar we enter sell. But this was a risky trade, rather next there was a possible good buy trade as, market was testing an old bottom.
1st few attempt was loss, as trade was not focused on price action. Next trade was winner with bearish candlestick pattern. But obviously it was not a class 1 Trade.
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Candlestick reversal pattern formed around old top so enter exact before the long candle.
1st 2 attempt of tick trade with EURUSD failed, so we change the currency, moved to into new instrument & that one we won. This is a tips, when something doesn't work try other pairs.
Bearish Pin bar pattern, so traded fall for one minute, but this kind of trading required experience as pin bar was not that sharp, but we still enter, we entered when market was above its minute bar opening that means we sold off too high, so trade was in good pricing.
It was risky trade, as EURUSD price action was not clear enough. So 1st trade failed, Next trade we won. 2nd trade was with double bet size. But highly not recommending!
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Trading Instrument: Volatility Index 10
Trading Type: Rise/ Fall
Trading Chart: Minute
Trade Duration: 1 Minute
1st trade was failure but we closed trade under 15 seconds & loss only 22%. Then we won with the next trade. 1st trade was wrong anyway as price action was bad.
