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In this video, I will be sharing an amazingly powerful scalping strategy that provides setups daily, along with a high win rate. The strategy can be used for daytrading and scalping stocks, forex, and crypto.
When we talk about scalping strategies, most of them are trend following strategies. This is because intraday trends can be very powerful.
But the strategy that we will discuss today is a mean reversion strategy.
For this strategy, we will mainly use 2 indicators.
The first indicator that we will use is the Bollinger bands indicator.
The Bollinger bands are a very popular indicator that helps us in identifying market reversals. Bollinger bands consist of three lines. The middle line on the indicator is a simple moving average. By default, the Bollinger bands are set to 20 and 2 settings. This means that the middle line here is a 20-period moving average.
An important point to remember here is that we will need some kind of confirmation before we enter a trade.
That confirmation will come from looking for divergences in the M-A-C-D indicator. M-A-C-D is a simple indicator that oscillates from the values of +400 to -400. It consists of thee elements, the mac d line, the signal line, and the histogram.
For this strategy, we only need the histogram. So we will remove the signal line and the mac d line.
Great Scalping System, Learn An INSANELY Profitable Scalping Strategy (Only Pros Know This) | Scalping Like A Boss.
The amount of pips do you obtain per trade?
Scalpers like to attempt and also scalp in between 5 as well as 10 pips from each trade they make as well as to repeat this procedure over and over throughout the day. Pip is short for “percent in factor” as well as is the smallest exchange rate activity a currency set can take.
Just How Foreign Exchange Scalping Functions.
Scalping is like day trading in which a trader will certainly open a position and then close it once again during the present trading session, never ever carrying a placement into an additional trading period or holding a setting overnight. However, while a day investor may seek to take a setting one or two times, or even a couple of times a day, scalping is much more mad and also will certainly trade multiple times during a session.
Whereas a day investor might trade off five- and 30-minute charts, scalpers usually trade off of tick charts as well as one-minute graphes. Particularly, some scalpers like to attempt to capture the high-velocity relocations that occur around the time of the release of financial data and news. Such information includes the announcement of the work data or GDP numbers whatever is high up on the investor’s economic program.
Scalpers like to attempt and also scalp between 5 and also 10 pips from each profession they make and to repeat this procedure over and over throughout the day. Pip is short for “percent in factor” as well as is the tiniest exchange rate movement a currency set can take. Using high leverage and making trades with just a couple of pips revenue at a time can accumulate. Scalpers get the best results if their professions are profitable as well as can be duplicated many times over the course of the day.
Remember, with one conventional lot, the ordinary worth of a pip is about $10. So, for each five pips of profit made, the investor can make $50 at once. 10 times a day, this would certainly equal $500.
The Bottom Line:
Foreign exchange can be a rewarding, yet volatile, trading method for both inexperienced and also skilled financiers. While accessing the marketplace– with a broker, as an example is easier than ever, the answers to the above six inquiries will function as a beneficial guide for those diving into FX trading.
Learn An INSANELY Profitable Scalping Strategy (Only Pros Know This) | Scalping Like A Boss, Read interesting study and stories about Great Scalping System and financial alerts, evaluation, trading signals as well as Foreign exchange investor evaluations.
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