10 year FX Scalping Strategy in 42 seconds! #trading — Transcript
Full transcript
- 0:00It took me 10 years to learn this
- 0:01trading strategy. I'm going to teach it
- 0:03to you in less than 1 minute. At 9:30
- 0:05a.m., you're simply looking at the
- 0:0715minute candle. When that 15-minute
- 0:10candle is finished, you get the range
- 0:12high and the range low. Now, just drop
- 0:14down to the 5minut time frame. And we're
- 0:16just going to wait for a candle to break
- 0:18outside of that range high or that range
- 0:20low and then close. You can see we just
- 0:23had that happen right here. This tells
- 0:25us we want to look for buys. Now, we
- 0:27just need a place to enter a trade. So,
- 0:29let's mark up an area of recent support.
- 0:32Maybe you enter at a trend line like
- 0:34this. And then when the price comes back
- 0:36to that level, you're into that trade.
- 0:37Price eventually pushes all the way up
- 0:40and smashes your take profit.
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