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Scalping

EURGBP Double Correction Sell-OffThe EURGBP is still maintaining the downside direction. We are trading in a Double zig-zag correction pattern. But we must see the (X) wave initially make a minor zigzag correction in the upside direction. The upside correction might not be very deep it might not even reach the 61,8 Fibonacci level. What you have to realize is that we had a similar pattern on USDCAD in the 2020 financial crisis. The pattern was between 16 May to 27 April 2020. The patterns are less the same so we can expect it unfold the same way.
Short
by Weshareio
3
DAR/USDT - LONG SCALPING-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --------------------------------------------------------- ⚡️⚡️ DAR/USDT ⚡️⚡️ Exchange: ByBit USDT Trade Type: Breakout (Long) Leverage: Cross (5.0X) Entry Orders: 1) 0.2009 - 100.0% Take-Profit Orders: 1) 0.2089 - 65.0% 2) 0.2117 - 25.0% 3) 0.2165 - 9.998% Stop-loss Orders: 1) 0.1966 - 100.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Long
by Mahdicryptodotma-pro
SIMPLE Scalping & Intraday StrategyHey Traders!! Here's a live market example of an amazing system I created for scalping and intraday trading called, KiSS 2.0 (Kenya's Instant Scalping Strategy). This ONE system made me a profitable trader early in my career, making $100-300 consistently a day, and now I do much more than this. I am sharing this example because I know many of you follow our social media platforms, and I like to show you the system in real time. Here's an overview of the strategy... 1. It is a market structure based trading strategy (uses a naked chart and indicators BB, RSI, Stochastic, and MACD for confluence) 2. Includes our proven risk management technique (shared with students and in many of our videos) 3. Effective strategy for scalping and intraday trading 4. Ideal for small or large accounts 5. Perfect for beginner and experienced traders 6. Best way to master is to learn from our content and apply the rules to your trading process 7. Has a 90% win rate! I recommend to demo and record a minimum of 100-300 trades in a trading journal to find your unique edge The indicator settings are as followed: Bollinger Band: 20, close RSI: 20, close Stochastic: 5,3,3 MACD 3,10,9 I like to always start with a naked chart and my goal is to find the daily directional bias and trade with it (though I also trade strong counter-trend levels). Once price gets to your area of value, you simply refer to the indicator confirmations for confluence and ensure that everything is aligned and coming together (as indicated in the tutorial). I like to close several scalp positions in profit as the price moves in my favor and has good volatility, and I often hold one or two positions for an intraday target. If you're looking for a consistent strategy with lots of content around it, I highly recommend following for more and checking out all that we have published on it. I have no doubt you'll love it and I'm always happy to answer questions. I hope you found this overview and analysis helpful! What questions do you have?? Drop them in the comments! :) To your success! - Kenya
by BKTradingAcademy
7
ETH Retracement Before Upside ContinuationKey Price Action Highlights of Previous Day Asian Range Implementation of price respecting a Price Array of Value at 50% of the range. NY closes as a pullback respecting Price Array of Value at about 50% of the impulse move of previous day’s price action. Overlap of London and NY Session starts the expansion move upside. Continuous bullish price action for the rest of the NY Session, showing no signs of taking out any external liquidity. Price continued to display intent to take out external buy side liquidity. Price pumped 11%+ reaching a Price Array of Value – High Timeframe GAP. Price then made a pullback towards a gap at about 50% of the day’s entire impulse move ending the New York Session. Please be advised that these are Intraday trade setups, and further evaluation need be considered if you wish to hold a position for more than a day's session.
Long
by bl4ckoffee
Extreme Day Trading/Scalping Strategy------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- HD Session Volume Profile (SVP HD) - Go to settings under Inputs. Click custom. I set to 10:00am-10:00pm Pacific/Auckland time. I live in NZ. Set to your time zone. Click extend right box for POC, VAH, and VAL. Then go to Style and click VAH and VAL box. Unclick labels in price scale and values in status line box. Click histogram box and turn down opacity from 6% to 0. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Visible Range Volume Profile (VRVP) - Go to settings under Style. Click VAH and VAL box. Unclick labels in price scale and values in status line box. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Volume Weighted Average Price (VWAP) - Go to settings under Inputs. Click bands multiplier #2 and #3 box. Go to style. Unclick bands fill box #1, #2, and #3. Unclick labels price line and values in status line box. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100 Volume Weighted Moving Average (VWMA) - Go to settings under Inputs. Set length to 100. Go to style and set color to white. Unclick labels on price scale and values in status line box. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Vertical dotted lines (1period) - They are the open and close for each session. Red: Tokyo 1pm-8pm NZST. Blue: London 9pm-4.30am NZST. White: New York 2.30am-9am NZST. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Horizontal dotted lines (1 period) - They are very useful and powerful price levels I believe. The big players (banks and financial institutions) especially love big round even numbers in the market. I simply put them down and divided them into quarters. l put levels on whole, half, and quarters of values of price. So for example I put one on 144 and 145. I then simply divided in half, 145.5. Then I divided again to get 145.25 and 145.75. I believe this principle/idea can help to find useful support and resistance levels. It's based from the bigger whole round numbers in the market. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Range Bars (I flick between 10R to 50R for EJ and GJ) - I use range bars. I love range bars. 100X better than time based charts. I've ditched all time based charts. Range bars filter out and remove time from the equation. They simply just show raw movements of price. Raw and uncensored. They show every nook and cranny of market structure and market structures on any chart. They show the market as it really is with no lag no delay. You see the market as it when it is playing out. No filter. You plainly and sharply see every single price movement. This is incredibly invaluable for day trading and scalping. They are very powerful for seeing patterns, breakouts, breakout and retests, and support and resistance. They are far better than time charts because you don't have rely on time. You are actually only relying on price to move. That is all you are focusing on. If you can focus on market structure instead of time I believe it really helps to read the chart in a way deeper and powerful way.
Education
by JdMullin