[quote=“Sandausp, post:1, topic:126270, full:true”]
I am a Scalper and I enter trades in 1m or 5m charts.
In 1mn chart i use 8,10,15,20,50,100 and 200 MA s to enter a trade when they cross.[/quote]
I do not really see the logic here in practice. If you are looking for only a couple of pips profit per trade then these longer period MAs are not very useful. You mention that you trade “crossovers” but,which crossovers with so many MAs? There are always some crossing one way whilst others are crossing in the opposite way.
Here is a typical sample 1min chart of EURUSD with your (E)MA specifications, I must admit I would find it impossible to trade this with parameter constraints of 2-3 pips targets and 4-5 pip stops (bearing in mind that the spread and comms already account for 1-2 pips for Newbie sized trading accounts.
[quote=“Sandausp, post:1, topic:126270, full:true”]
I plan to enter about 10 positions per day. that means I need to earn about 2 pips per trade and 20 per day. If the trade is going loss side more than 3 pips or maximum 4 pips i close the loss on that time as i need to minimize the loses.[/quote]
This does not make any sense to me either. If you are only looking for a few pips per trade and only a handful of trades per day then you either need a lot more trades or very large positions to make this worthwhile. If this approach is not automated, or at least working with, for example, audible signals, then there is an enormous degree of screen time required and an inhuman amount of concentration in order to react to trade entry signals at such a precise point that hits on 4-5 pip stops are severly minimised. I happily confess,I could not ever achieve that.
[quote=“Sandausp, post:1, topic:126270, full:true”]
I plan to enter about 10 positions per day… i can not take more than 2 or three positions per day, so I mostly like to trade with 1min chart. [/quote]
Didn’t really understand this. How many trades daily are you exactly planning on? If you think you are going to get 10 trades per day, each with a 2 pip profit to make 20 pips target, then I think you are seriously overlooking the need to also cover losses. In reality, you are more likely to need 30+trades per day even when you are performing well.
Personally, I do not think this approach could ever work consistently over a prolonged period because I do not feel that using the parameters/indicators mentioned will provide sufficiently accurate signals to meet the limit/stoploss criteria. I also think the effort, concentration, and discipline that this trading method requires is far too intense to be sustainable.
But this is just my opinion and should only be taken as such! 
