If you visit www.cyrox.com, the official Cyrox Scalping Method website, on the homepage you'll find this brief but very important introduction to the method:
1) Get an ECN broker with lowest commission and lowest variable spread.
2) Pick your currency pair (example: EUR/JPY).
3) Identify the ideal trading time (example: EST 3:00-4:00).
4) Monitor the market using Cyrox Tool (use NinjaTrader for charting).
5) Identify the direction of the current move you see on the screen (Follow the CyrinusMMA).
6) Pay attention to CyrinusMMA, CyrinusOsc, CamillaOsc, real-time S/R and h-lines...
7) Jump in and out with higher lots according to your risk profile or equity.
8) You are done for the day within 30-60min.
9) Enjoy all the good things in life.
Somebody could disapprove me, but I really think Cyrox is one of the best trading method of all time. And there's only one reason because of that: It is almost a indicator-less pure method. In my trading experience I've seen a lot of efficent systems, and even a huge number of strange way to lose money. But at the end all systems have theirs bases in the same comcepts. All trending markets are profitable. The best way to take your profit is take advantages of the trend, and this means use high probability entry with support and resistance levels. This is why all systems are similar, they depends on the same rules. The simplicity of this is method is the key: You can scalp with only one indicator (the rainbow wmas, a trend streingth indicator) but you can also use NO indicators at all. Very experienced trader can scalp with almost no indicator, and they succeed just because they depends only on simple rules like support and resistance levels. And you'll see that work, for real.
Cyrox scalping is a simple and smart method to take advantages of trending markets.
I've tested this method with good results, and I'll soon start again to master CSM.
Here follow one of the best introduction of CSM, by his creator:
Cyrox Simple Scalping is a trading style specializing in entering the Forex market with high probability and taking profits on small price changes, generally soon after a trade has been entered and has become profitable. It requires a scalper to have a strict entry/exit strategy with discipline because one large loss could eliminate the many small gains that the scalper has worked to obtain. Having the right tools such as Cyrox Tool, a live real-time feed, a direct-access ECN broker and the motivation to identify and place high probability trades are required for this strategy to be successful...
- A brief exposure to the market diminishes the probability of running into an adverse event.
- Smaller moves are easier to identify and obtain by using Cyrox Tool.
- Small profits compound into large gains and allow the scalper to trade bigger lots with lower risk.
- Even during relatively quiet markets there are many small movements that a scalper can exploit to make money everyday.
- Scalping can be adopted as a primary or supplementary style of trading.
Scalping is very profitable for traders who decide to use it as a primary strategy or even those who use it to supplement other types of trading.
"It takes time and practice to learn my methodology, but those who are able to master this approach can enjoy long-term success in the currency market"
Cyrinus I Joseph
"Linuxtroll"
I am actually having great income with this method. If you are interested you will find all you need here:
My personal thought: I've already said I think Cyrox is one of the best way to make money in trading. Online trading evolve every year. Just some years ago it was impossible to think to scalp with very small timeframe, but now is possible. The short timeframe and the semplicity of the method are two successful chooses. As his creator says, it's true that who are able to master this method can enjoy a long-term success in the markets. Anyway don't think that this system is made for all traders: be able to make profit with this method isn't easy as it seems.
My personal rate is: 9/10
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