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 )
- Identify if market is trending, if channeling don’t take trade.
- H1 Trend Direction is UP.
- Narrow down to 15 mins timeframe GREEN Star Appears at Candle Bar Close.
- Next Candle Closes in BLUE.
- Open a BUY POSTION.
- TP when next RED Star Appears.
EXAMPLE: AUD/USD
SELL / SHORT TRADE ( RED + RED COMBINATION )
- Identify if market is trending, if channeling don’t take trade.
- H1 Trend Direction is DOWN.
- Narrow down to 15 mins timeframe RED Star Appears at Candle Bar Close.
- Next Candle Closes in RED.
- Open a SELL POSTION.
- TP when next GREEN Star Appears.
EXAMPLE: AUD/USD