Scalping Method Forex Scalping Strategy

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Scalping Method

This is another easy system to trade on a short term basis. Just look at your EURUSD, GBPUSD and AUDUSD charts on a 5 minute timeframe.

For SHORT entry:

  • You can enter short when the price triggers -1;
  • The candle above the trigger opens below the orange volatility pivot.

For LONG entry:

  • Take a long position when price triggers 1;
  • Candle above the trigger opens ABOVE the orange volatility pivot.

Various exit scenarios that is observed and you can use:

  • Exit at the opposite price trigger signal (box B)
  • Trail stop loss using the value of the volatility pivot indicator. (box c) where the low wick of the last candle I the box crosses the volatility pivot.
  • When a candle closes with an opposite nonlagdot, you can exit the position.

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