Best Scalping Timeframe - 1 min - 3 min - 5 min - 15min — Transcript

Full transcript

1. 0:00a lot of you guys keep asking me what is
2. 0:02the best time frame to scalp on now the
3. 0:05definition of scalping is a short
4. 0:08position in and out in a short period of
5. 0:11time so obviously lower time frames are
6. 0:14going to be better in this video i'm
7. 0:16going to show you which ones i like and
8. 0:17why
9. 0:19[Music]
10. 0:21welcome back to the channel everybody my
11. 0:22name is artie and this is the moving
12. 0:24average a show where we discuss
13. 0:25everything day trading to keep you
14. 0:27profitable now if you guys remember my
15. 0:29last video where i talked about the
16. 0:31three line strike on a five minute time
17. 0:33frame you could see how many subsequent
18. 0:34winning trades we had in this one solid
19. 0:38trend we got eight amazing trades which
20. 0:42would have gotten you 16 profit in 14
21. 0:45hours now if you did not trade this
22. 0:47tokyo session which i recommend you
23. 0:49don't because it's super low volume and
24. 0:51the trades take forever but if you're an
25. 0:53early bird like i am you can see that
26. 0:56pretty much each one of these trades the
27. 0:59first one took two hours the second one
28. 1:01took an hour and a half third one got
29. 1:03stopped out in 20 minutes two hours on
30. 1:05this trade and
31. 1:0750 minutes on the next one in and out of
32. 1:09the market quickly one to two hours if
33. 1:13you want to get hyper aggressive with it
34. 1:15you can drop down to the one minute time
35. 1:17frame but on this time frame your stop
36. 1:20losses are gonna be approximately six
37. 1:23pips i don't want you going lower than
38. 1:25six pips if you want to drop down to the
39. 1:28lower time frame it is substantially
40. 1:30more risky i don't want you to have
41. 1:33these ridiculous stop losses like two
42. 1:35and three pips
43. 1:37minimum i want you to have four pips and
44. 1:39that's including your spread with a one
45. 1:41to two risk to reward you're looking at
46. 1:43eight pips this trade played out in 13
47. 1:45minutes you will inherently have more
48. 1:48losses with this strategy because if you
49. 1:51look on a one minute time frame you are
50. 1:53not getting a good idea of what the
51. 1:56actual market structure is you are
52. 1:58simply scalping extremely short-term
53. 2:00price action moves your win rate on this
54. 2:03is substantially lower than it is on a
55. 2:05five-minute time frame if you decide to
56. 2:07go with the one minute you need to back
57. 2:09test the exact time frame that you're
58. 2:11trading every single day for at least
59. 2:13100 days not 100 trades 100 days trading
60. 2:18between that time frame so you could
61. 2:20have 11 trades per day for a hundred
62. 2:23days i want you to figure out what time
63. 2:25works best for you because this one
64. 2:27again is massively massively risky and
65. 2:29if you are a beginner do not freaking do
66. 2:31it a three minute time frame is going to
67. 2:33give you a little bit more leeway and
68. 2:35wiggle room when it comes to being able
69. 2:37to spot the trend but still you want to
70. 2:40keep a tight stop loss on this and again
71. 2:42the win rate will be lower for those of
72. 2:44you asking if you can scalp on a 15
73. 2:46minute time frame on 4x pairs i would
74. 2:50not recommend it because 15 minute
75. 2:52candles are so much bigger than one
76. 2:54minute and five minute candles you want
77. 2:56to increase your stop losses from the 10
78. 2:58pips that you would have on a five
79. 3:00minute chart
80. 3:02two above the swing high that it had so
81. 3:05price dipped down swung up and down you
82. 3:08want your stop loss at a comfortable
83. 3:09distance above that for this it's 13
84. 3:12pips for this next move it is 15 pips to
85. 3:15get a one to two risk to reward ratio
86. 3:17you're looking at 30 pips on this move
87. 3:19and 28 pips on this move this was an
88. 3:22hour and 15 minute trade and this was a
89. 3:24three and a half hour trade
90. 3:26these trades take substantially more
91. 3:28time than on a five minute time frame
92. 3:30and at that point when you're having
93. 3:32three to four six hour trades it's not
94. 3:35scalping anymore if you want to scalp on
95. 3:37a 15 minute chart and you have the
96. 3:39capital to do so i would suggest indices
97. 3:42but that is a whole nother topic it's
98. 3:45not pips it's points you have to have
99. 3:48far greater capital for it and if you're
100. 3:50a beginner trader i would not touch
101. 3:52indices or gold with a 10 foot pole i
102. 3:55really hope that i was able to shed some
103. 3:56light on these scalping time frames and
104. 3:58which ones i prefer if you didn't notice
105. 4:01five minute scalping is my favorite so
106. 4:04if you guys enjoyed this video make sure
107. 4:05you're dropping a like on these they
108. 4:07help my self-esteem go straight to the
109. 4:09moon and if you guys want to see a
110. 4:10five-minute scalping strategy that's
111. 4:12going to blow your brain hole it is
112. 4:13right there subscribe if you have not
113. 4:15already and we will see you in the next
114. 4:17video