โ Recommended Brokers http://www.financial-spread-betting.com/spreadbetting/compare-spreads.html
โ If you found value in watching this video, PLEASE LIKE AND SHARE so we can do more!
10 PIPs a Day Forex Scalping Strategy. Scalping is a seriously tricky business; your risk:reward ratio is likely to be close to 1:1; the idea is that you are going to have a higher probability of success with each trade you take as opposed to getting the edge from the risk:reward ratio. That means you have to be ultra-disciplined with your stops and exits. Trade this on a 5-minute chart and limit yourself to major forex pairs where your spreads are relatively small.
I have two indicators set on the screen; one is the Bollinger Bands set to 20 period (moving average is 20), 2 standard deviations with offset being set to 0. The other indicator is slow Stochastics; percentage K is set at 5, percentage D set at 3 and Smoothing set at 3.
The rules are these (taking a short example first). You want to look into taking a short trade when price is above the upper Bollinger Band and the Stochastics are overbought. Then, when you get the next red candle you then take a short on the close of that candle. You put in a 10-pip stop with a 10-pip target. This is supposed to be a trading strategy where the probabiliy of success is good so the risk:reward ratio doesn’t need to be high.
NEW: Full Scalping Course at
Related Videos
What is Scalping in Forex & How do You Do It? ๐ค
Scalping Trading Strategies: Scalping Short Term Key Levels ๐๐
Combining Timeframes for Momentum Scalping Using Oscilators ๐ก
Insights from Paul Rotter ‘The Flipper’: Famous Day Trader and Scalper ๐
Is SCALPING still Profitable in 2019? ๐จ
5 Tips to Become a Better Scalper ๐จ
Aggressive 1 minute FOREX Scalping Strategy โ๏ธ
Rainbow Forex Scalping Strategy ๐
10 PIPs a Day Forex Scalping Strategy ๐จ
5 Minute Scalping System using 200 Moving Average and Stochastics โ๏ธ
Pivot Point Scalping Strategy for Index Traders ๐จ
Tight Stop Scalping Momentum Trading Strategy โ๏ธ
20 Pips GBP/JPY Scalping Forex Strategy ๐ค
https://www.youtube.com/watch?v=mglzAzl7jJU