This method requires timed execution and nimble trading. It would be best to open an ADX indicator in a different window set at EURUSD 5-minute timeframe: Two bullish signals are shown with the circles on the forex chart. Circles one show the first buy signal, and circle 2 show the second buy signal. The minor support trendline is shown as the dot black line.

The price action nicely and accurately reverses in the war zone and continues higher. EURUSD 5-minute timeframe: Two bearish signals are shown with the circles on the chart. Circles one show the first sell signal, and circle 2 show the second sell signal.

The minor resistance trendline is shown as the dot black line. The price action nicely and accurately reverses in the war zone and continues to the downside. Get the trade entry in the war zone by making a forex market order and putting your stop loss six or more pips away. Do not use a trailing stop loss. The profit limit must be between 10 and 15 pips.

Only trade where there is a good setup. Enter on small candles and lookout for flat pullbacks. Read More: SCALP PRO Indicator — For FREE Download. Save my name, email, and website in this browser for the next time I comment. Attachment The maximum upload file size: 5 MB. You can upload: image , audio , video , document , spreadsheet , interactive , text , archive , other.

Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop file here. Notify me of follow-up comments by email. Notify me of new posts by email. Trading Leveraged Products like Forex and Derivatives might not be suitable for all investors as they carry a high degree of risk to your capital.

Please make sure that you fully understand the risks involved, taking into consideration your investment objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the complete Risk Disclosure. Privacy and Policy Terms and Conditions Advertising Inquiries. Best MT4 Broker with lowest cost.

ZERO swap fees on gold. FREE Trading Signals. Exclusive access to PRO Trader tools. Press ESC to close. Notify me of follow-up comments by email. Notify me of new posts by email. Trading Leveraged Products like Forex and Derivatives might not be suitable for all investors as they carry a high degree of risk to your capital. Please make sure that you fully understand the risks involved, taking into consideration your investment objectives and level of experience, before trading, and if necessary, seek independent advice.

Please read the complete Risk Disclosure. Privacy and Policy Terms and Conditions Advertising Inquiries. Best MT4 Broker with lowest cost. ZERO swap fees on gold. FREE Trading Signals. Exclusive access to PRO Trader tools. Press ESC to close. Share Article:. Ghost32 [email protected]. August 8, Double Gain MT4 Forex System FREE Download. August 10, SCARLET EURUSD EA FREE Download.

The 5 minutes time frame for trading requires traders to make a quick decision on a buy or a sell and to maximize profit; needs a tight stop loss to protect trading capital. This 5 minute scalping strategy works well for technical analysis but should not be used for fundamental analysis. Everyone wants to get their hands on the best scalping strategy however there are basic rules to scalping the forex market that many traders miss.

In this article, I am going to show you the best scalping strategy with just two indicators; following the above rules. RULES OF BEST SCALPING STRATEGY.

READ ALSO: BEST 1 HOUR TRADING STRATEGY. READ ALSO: TRADING 1 HOUR TIME FRAME FOREX. RULES OF 5-MINUTE SCALPING STRATEGY. READ ALSO: 8, 3, 21 EMA STRATEGY. There are very few traders who scalp with the 1-minute timeframe, it is true that the 1-minute timeframe is the noisiest timeframe with plenty of fake-outs however it still has its place in market analysis, especially for scalping.

I am going to talk about a 1 minutes scalping strategy that I have not seen anyone talk about, if you are reading this; consider yourself lucky. There are no best 5 minutes scalping indicators; what really matters is to understand the structural flow of the forex market so that you will know when to apply for your entry in 5 minutes, especially for scalping. At the very top of this article, you find an explanation with an image description of scalping in both 5-minute and 1-minute timeframes.

READ ALSO: BEST FOREX TRADING STRATEGY FOR BEGINNERS. The forex minute strategy am about to share is more than a decade old, it has been used and tested by many traders; when trading this strategy you will have to consider the present market structure of the currency pair and the dominant trend as well. SOURCE: forex strategies resources — scalping forex strategies. This trading strategy can be used for swing trade for day traders with low-risk management and a low-volume filter to prevent day traders from losing money.

Timeframe: 1min or 5min Recommended. Currency pairs All Major Currency pairs. Trading sessions London and New York do not trade before economic news Avoid major news hours.

Set up the chart and trade EURUSD, and GBPUSD High Volume pairs in any trading session because this approach is more reliable. Stop loss: Initial Stop loss 15 pips. Profits target 10 — 15 pips. After 5 pips in gain move stop loss at breakeven. Every method has flaws and weak points, which traders must be aware of in order to prevent false signals, reduce losses, and boost win rates and profits.

When scalping gold, traders will have to set their stop losses and take profit because of its volatility. RULES OF 5 MINUTE GOLD SCALPING STRATEGY. Traders scalp using the 1 minute to 15 minutes. There is really no best timeframe for scalping.

It is best to focus on the setup the market presents and it can happen on any of the three timeframes mentioned above. Yes, 5 min chart is good for trading; it has its part to play for traders. When traded right, it can give you early entry into the market. Yes, scalping is a profitable strategy when traded right. Scalping is good for technical trading only.

There is no best scalping strategy, they all have their drawbacks, and this is why risk management is important. BEST SCALPING STRATEGY. WHICH TIMEFRAME IS BEST FOR SCALPING? IS 5 MINUTE CHART GOOD FOR TRADING?

WHAT INDICATOR DO SCALPERS USE? Scalpers can use any indicator they want provided its meets their trading strategy.

This strategy is very simple and can be used in conjunction with other indicators to gain further confirmation of buying and selling points. Typically, low volume is followed by high volume and then price action in the short term and not necessarily in the long term , which makes it highly useful for forex scalpers. Ghost32 [email protected]. Do not use a trailing stop loss. The strategy is straightforward: go short when prices reach the upper band; go long when they are nearer to the lower band. Enter the trade in the war zone by making a market order and putting your stop loss 6 or more pips away. The strategy itself is quite simple and only consists of 3 indicators.

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