SIMPLE SCALPING SYSTEM TRADING

 

“TRENDLINE” 



“SIMPLE SCALPING SYSTEM TRADING”



GETTING THE RIGHT SETTINGS:

  • PAIR: EURUSD, GBPUSD. USDJPY, USDCHF, AUDUSD and etc..
  • Timeframe: H1 for Trend Confirmation, M15 for Entry.
  • Money Management : Use proper risk management.
  • Key Tips : Only buy at support when trend is up and sell at resistance when trend is down.



FINDING THE PERFECT TRADE SETUP


BUY / LONG TRADE ( GREEN + BLUE COMBINATION )

  1. Identify if market is trending, if channeling don’t take trade.
  2. H1 Trend Direction is UP.
  3. Narrow down to 15 mins timeframe GREEN Star Appears at Candle Bar Close.
  4. Next Candle Closes in BLUE.
  5. Open a BUY POSTION.
  6. TP when next RED Star Appears.


EXAMPLE: AUD/USD








SELL / SHORT TRADE ( RED + RED COMBINATION )

  1. Identify if market is trending, if channeling don’t take trade.
  2. H1 Trend Direction is DOWN.
  3. Narrow down to 15 mins timeframe RED Star Appears at Candle Bar Close.
  4. Next Candle Closes in RED.
  5. Open a SELL POSTION.
  6. TP when next GREEN Star Appears.


EXAMPLE: AUD/USD










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