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Esta Estrategia De Scalping Está Cambiando Vidas — Transcript

by Alex Ruiz · 3,807 words · 573 segments · language en · Watch on YouTube

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0:01Scalping has become one of the best
0:02ways to make a living from trading
0:04today. However, there are still many
0:08traders who do not understand how to
0:10scalp correctly. They just look for a
0:14strategy that trades the London or New
0:17York open and try to make money by
0:19executing breakouts or false breakouts.
0:23So in this video, I will teach you
0:26everything you need to know about
0:28scalping, explaining a profitable
0:30trading strategy that is helping
0:33beginner traders earn consistently. But
0:38since a trading strategy is not just a
0:40set of entry and exit rules, throughout
0:43this video I will develop how to scalp
0:45step-by-step, starting from the basics:
0:48tips, best timeframes, position sizing,
0:51and moving to the advanced, the
0:53strategy that will allow you to execute
0:56trades like this one, where in a matter
0:58of minutes I finished my trading day
1:01with a good profit. To start the video,
1:07I want to develop three very important
1:10tips for approaching scalping. The
1:13first one is to minimize the number of
1:15indicators. Using one, two, or even
1:18three indicators when trading can help
1:20you remove emotional involvement from
1:23your decision-making. When to enter?
1:26When to exit? Where to place the stop
1:27loss? Where to place the take profit?
1:29How to manage the position? This is
1:31perfect. It can also help you objectify
1:33and automate your strategy. That is
1:36fine, but the moment you start adding
1:38indicators that have nothing to do with
1:41your strategy, simply because you see
1:43they work in others, or the moment you
1:45start adding four, five, six indicators
1:47, that is where the problems begin.
1:50Basically, this will hurt you, as you
1:53will start to see some indicators tell
1:55you to do one thing, others tell you to
1:58do another, some indicators tell you to
2:01buy, others tell you to sell. And this
2:04will lead you to the opposite, more
2:06emotional involvement, more emotions,
2:08and more problems, which means more
2:10losses. So what you should do is
2:13understand which indicators are
2:15interesting and necessary, use them,
2:17and forget about the rest. Secondly, it
2:20is important that you do not get
2:22married to any position. No matter how
2:25much there are trades or operations
2:27that aesthetically look better or more
2:30like what you are looking for in your
2:32strategy, it does not mean they will
2:34definitely be winners. In the end, you
2:38have a long-term winning mathematical
2:41edge, so just execute every time your
2:43pattern is met and the set of rules
2:45required by your strategy are fulfilled
2:48. Don't think that just because a
2:51structure is a little better or a
2:53little worse, you have to do better or
2:54you have to do worse. Third, keep an
2:57eye on the news. News is one of the
3:01worst enemies of scalping, and this
3:04news can cause a good position to
3:06suddenly turn into a bad one and also
3:09make you lose money. Notice how on the
3:13chart we have an asset that was forming
3:16lower highs and lower lows, and
3:18suddenly it forms a double bottom
3:20structure and starts forming higher
3:23highs and higher lows. For example, you
3:27could execute a position here on the
3:29continuation, let's say, by placing a
3:32stop loss below the previous lows and a
3:34take profit directly at the previous
3:37highs, all this resistance zone here.
3:41Very well. Notice that there is a
3:44moment when the price is continuing and
3:47suddenly a news event causes your
3:49position to go from profit to loss,
3:52only for it to continue with the
3:54bullish movement later, without any
3:57changes or alterations. This timeframe
4:00is one minute, a timeframe typical of
4:03scalping, which we will see later. If I
4:06use a higher timeframe, such as the
4:08hourly timeframe, which is typical for
4:11day trading, notice that in the same
4:13structure and with the same movement
4:15there is no alteration; it doesn't seem
4:18like anything strange happened, the
4:20effect of the news is not noticeable.
4:23This is something very important to
4:26keep in mind when scalping. Things that
4:30can help you protect yourself from
4:31these types of situations are using
4:33more than one asset, using more than
4:35one market, not focusing only on
4:37currencies, for example; or, if you
4:39want to focus on currencies, don't
4:41focus only on the euro-dollar, or only
4:43on the euro-pound, or only on one yen,
4:45or only on one Australian dollar. Focus
4:49on a whole range of different
4:50currencies that will allow you to
4:52protect yourself from these types of
4:53situations. Before moving on to talk
4:57about timeframes, I want to recommend
4:59that you go to the first pinned comment
5:01and the description of this video,
5:03since you will find other interesting
5:05links that will help you complement
5:06this information. More content on
5:10scalping, more content on strategies,
5:12courses, tutorials, training, all 100%
5:15free so you can keep learning without
5:18the need to invest your money. Secondly
5:20, I want to talk about timeframes.
5:22Timeframes are transcendental when it
5:24comes to trading. Firstly, because the
5:27type of timeframe determines the type
5:29of trading: scalping, day trading, or
5:31swing trading. But secondly, because
5:34every timeframe has a specific
5:37requirement, a task, and a function
5:40that you must also understand to trade
5:43profitably. We will see this much more
5:46developed in the strategy section,
5:48where I will teach you, step-by-step, a
5:50profitable trading strategy—the one I
5:52use in my day-to-day. But before we get
5:56to that point, I want to quickly break
5:59down the correlation between different
6:01timeframes and different ways of
6:03trading. Beyond the right side of the
6:08table, which doesn't concern us right
6:12now, I want us to focus on the first
6:15column, where we break down types of
6:19trading: swing trading, day trading,
6:23and scalping, along with the timeframes
6:27these styles use. For someone who does
6:31swing trading, the ideal timeframes are
6:33weekly, daily, and hourly. There is no
6:36need to go lower, and there is no need
6:38to go higher. For someone who does day
6:41trading, the timeframes to choose are
6:43daily, hourly, and the 5-minute chart.
6:47And finally, for a scalper—which is
6:49what interests us right now—you will
6:52use the hourly, the 5-minute, and the 1
6:54-minute timeframes. You don't need more
6:59, such as the 2-hour or 4-hour charts,
7:01nor do you need less, such as the 30-
7:03second or 15-second charts. These are
7:08the three basic and fundamental
7:10timeframes that someone who scalps
7:12needs to use. The important thing here
7:16isn't just knowing the timeframes, but
7:18understanding what to use each one for,
7:20though that is a much more advanced
7:22point we'll cover in the strategy
7:24section. Well, regarding timeframes, I
7:28also want to add and demystify the need
7:31to use five or six screens and five or
7:34six tools, which in most cases will be
7:37paid subscriptions. This is my setup,
7:39the one I use for trading and recording
7:42. And I, well, I simply have two
7:44screens. On the right screen, I have
7:47the charts, the three timeframes we
7:50spoke about earlier. And on the left
7:54screen, I have the economic calendar.
7:58Here we have the day's news, I have the
8:01AI section in case I need to ask a
8:04question or clarify something. And I
8:08have the charts section in case I want
8:10to look at a specific graph or metric.
8:13This application here is Flickflow, and
8:18the application on the right is
8:20TradingView, which you already know. As
8:24for TradingView, well, I use three
8:26screens, as I mentioned before, three
8:29charts. At the top, I have the hourly
8:33chart with the 50-period exponential
8:35moving average. On the bottom left, I
8:40have the 5-minute timeframe with the
8:43same 50-period exponential moving
8:45average, and on the bottom right, I
8:47have the 1-minute timeframe with the
8:50same moving average and volume. We will
8:54see later how these three timeframes
8:57are used, the weight given to each, and
8:59their importance. But, I wanted to make
9:03it clear that you don't need many
9:05screens, and having more screens
9:07doesn't mean you'll make more money or
9:10make it faster. And having spoken about
9:15timeframes, it is key to understand
9:18risk, not just risk focused on risk
9:20management and position sizing, but the
9:23intrinsic risks present every time you
9:26execute a trade. You know you can lose
9:29money. That's how it is. It’s obvious
9:32, and for this, I imagine you already
9:35take certain precautions, such as: not
9:38opening many trades at once, setting a
9:40daily or weekly trade limit, not
9:42opening two fully correlated assets,
9:45not overexposing yourself with
9:47controlled risk, and so on. Now then,
9:51do you know there are more costs
9:53associated with your trades? Do you
9:56know that what you can win or lose is
9:58altered by different types of
10:00commissions and expenses? Well, for
10:03this, I have prepared a calculator, you
10:07are seeing it on screen right now, in
10:10which I will explain those risks and
10:13what it is costing you to trade monthly
10:16. To do this, the first thing I will do
10:19is define your trading style. Let's use
10:22, for example, a $ 1,000 account. It
10:26would be a normal account, not too big
10:29or too small, a risk per trade of 1%,
10:31for example, a stop loss that is placed
10:34on average, I don't know, it depends on
10:36the strategy, right? But let's set it
10:40at 10 pips and a take profit that is on
10:43average at 30 pips with a 3 to 1
10:46risk-reward ratio. Right, these would
10:50be the basic data of your strategy, but
10:53then we have a section called costs. In
10:56costs, we have to differentiate between
10:58two types of costs. Costs without
11:01commissions and costs with commissions.
11:03There are two types of brokers or two
11:05types of exchanges. Those that tell you
11:07, "I don't charge you commissions." And
11:09those who tell you they won't charge
11:10you commissions. Well, there are
11:13significant expenses and costs in each
11:15of them. Starting, for example, with
11:18the commission-free one. With
11:20commission-free brokers, you'll be hit
11:24with a high spread. What does a spread
11:26mean? A spread is the difference
11:28between the price you want to buy or
11:31sell at and the price someone else
11:33wants to buy or sell at. Spreads, when
11:36there are no commissions involved, are
11:38usually very high, sometimes even
11:40exceeding two pips. Commissions,
11:44obviously, do not exist. And then we
11:47have the trades per day and the trading
11:49days per month. for trades per day.
11:52Let's say, for example, three trades
11:54per day, or let's say two to be a
11:56little more conservative. And for
11:58trading days per month, let's put, well
12:00, I don't know, 19 days a month or 18
12:02trading days a month. Out of 30, 18,
12:05obviously not counting weekends and
12:08holidays. Okay? Well, it's important
12:11that you understand this. When you hit
12:14your take profit, instead of making €
12:1730, which is what you're ultimately
12:19trying to gain with a 1 to 3
12:21risk-reward ratio, you make less, you
12:24make 27.70. Because you have associated
12:29costs of € 2.30 for every operation.
12:32That is to say, 8%of every winning
12:35trade is eaten up by costs. This is
12:38acceptable given these facts and these
12:41nuances we are setting. But it's
12:44important for you to understand that
12:45every month € 82.80 will go away.
12:51Euros or dollars, it doesn't matter.
12:53And this is important, it's
12:55transcendental, because every month
12:57with this way of trading, you are
12:59already losing € 82.80 or dollars.
13:03Which means that the moment you earn 8%
13:06trading, you are just reaching break
13:08even. Every month, you need 8%just to
13:13reach break even. This is the case when
13:16you trade with a commission-free broker
13:19. If we look for a broker with
13:21commissions, in this case, things
13:23change. The spread is lower. We can set
13:28a spread of 0.2, 0.3, or 0.1. Between
13:320.1 and 0.3 is where the spread sits.
13:35Then we have the commissions. In the
13:37case of currencies, the commission is
13:39roughly equivalent to 0.0006%of the
13:44notional value of the base currency.
13:47For example, if you want to buy one lot
13:49in the euro-dollar, which is equivalent
13:52to € 100,000 in notional value, the
13:54opening and closing cost would be € 6
13:57or $ 6, it doesn't matter. If we keep
14:01the same parameters, two trades a day
14:04and 18 trading days a month, notice
14:06that, for example, when you hit your
14:09take profit you’re making 29.20,
14:11which means there are associated costs
14:14of 0.80. Costs eat up 3%of every trade.
14:21The cost per trade is what I mentioned,
14:24implying an accumulated cost of 28.80
14:28per month. In other words, you are
14:31losing 28.80 every month before you
14:33even start trading. When I say before
14:37you start trading, I mean it in quotes
14:38because obviously if you trade half as
14:40much, your costs are lower, they’re
14:42cut in half. But well, more or less 3%
14:45of your account is gone due to your way
14:47of trading. And this is without adding
14:51the swap or rollover. The swap or
14:54rollover in currencies is the amount
14:57charged or deducted from every trader's
15:00account for every trade they keep open
15:03overnight. The overnight fee or
15:07commission, right? The overnight
15:09commission. So, it is very important
15:11that you understand all of this. These
15:13are costs associated with your account
15:15and your trading strategy. And it is
15:18crucial that you are able to interpret
15:20them, understand them, and optimize
15:22your trading strategy based on these
15:24costs. Next, I am going to talk about a
15:28profitable trading strategy. The
15:30trading strategy with which so many
15:32beginner traders are starting to
15:34achieve consistent profits. You are
15:38likely in a situation where you learn,
15:40you win, you know how to analyze, but
15:41then you lose, and you get the feeling
15:43that you aren’t moving forward, that
15:45you aren’t managing to secure and
15:46consolidate your profits. Months go by
15:50and you are losing very little, winning
15:52very little, or ultimately just
15:53breaking even. Well, this strategy,
15:58which isn't limited to a single asset,
16:01a single session, or a person's
16:03possibilities, is what, as I said, is
16:06helping beginner traders who are or
16:09were at the same point as you—already
16:12knowing how to analyze but not
16:14achieving consistent results—to reach
16:17those consistent profits and results.
16:21Before I show you the steps of this
16:23strategy, remember that below in the
16:25first pinned comment and in the
16:27description of this video, you will
16:29find more links and videos of interest.
16:32A video where I show my track record
16:34using this trading strategy. A video in
16:38which I show my monthly results and
16:41develop the strategy that I am about to
16:44discuss, or more videos about scalping,
16:46trading, strategies, courses, tutorials
16:49, all 100%free content so you can keep
16:52learning to trade without needing to
16:54invest your money. We are now on the
16:58screen with the charts I mentioned
17:00earlier. Top part, hourly chart. Bottom
17:05left, 5-minute chart. And bottom right,
17:091-minute chart, also with the
17:11indicators I mentioned before. With the
17:15addition—I didn't mention it before
17:18because it wasn't important—that on
17:20the hourly chart, the 50-period
17:22exponential moving average that stands
17:25out above the other is the 4-hour one;
17:27that is, on the one-hour chart we have
17:30the 50-period hourly exponential moving
17:32average, which is the thin one, and the
17:3550-period 4-hour exponential moving
17:37average, which is the thicker one. Now
17:40you will see the reason why we have
17:42these two moving averages. So, we are
17:46going to determine the strategy step by
17:49step and explain what we are looking
17:51for in each timeframe. We are already
17:56moving forward with the trade, and on
17:58the hourly timeframe, we are going to
17:59look for the direction of the next two
18:01or three candles through technical
18:03concepts and basic price action. If you
18:07want a video where these concepts are
18:10developed more clearly, in the pinned
18:13comment and video description you will
18:15find a 40-hour technical analysis
18:18course. In this case, what are we
18:21seeing on the hourly chart? We are
18:24seeing that the price breaks the
18:26previous lows and comes back to test
18:28them, forming a deceleration structure
18:30and starting to turn. This indicates
18:34that we can expect a downward movement
18:37that continues this trend. So, step
18:41number one on the hourly chart is not
18:43just to determine the direction of the
18:45next two or three candles. This is what
18:49we want to see or what we want to use
18:51on the one-hour chart. Step number one
18:54is first to see a resistance level and
18:58a deceleration and turn. And second
19:02that the price structure is situated
19:06below the 50-period moving average on
19:08the 4-hour chart. And now we have
19:11exactly those two points. Look, we have
19:14in the first instance the attack on the
19:17resistance zone, which are the previous
19:19lows, and the 50-period moving average
19:21on the hourly chart. And step number
19:25two is to see how the price is situated
19:27below the 50-period exponential moving
19:30average on the 4-hour chart. Why below?
19:34Because we are looking for sell
19:35positions. If we were looking for buy
19:37positions, it would be the other way
19:38around. we would look for a support
19:41zone, a slowdown, a bullish turn, and
19:43for the price to be above the 50-period
19:45exponential moving average on the 4-
19:47hour chart. So, we are going to
19:51continue with the following steps. We
19:55will set aside the one-hour chart and
19:58focus on the 5-minute chart. On this
20:01chart, what we are looking for is for
20:04the price to form a trend change. Here
20:08we have the trend change because we are
20:10making lower highs and lower lows, and
20:12it forms a corrective pullback movement
20:14to certain Fibonacci levels. Don't
20:18worry, because we are going to repeat
20:20those strategy steps one by one later.
20:24So, we apply the Fibonacci levels and
20:26what are we looking for? We look for
20:29the price to reach 0.382, 0.5, 0.618,
20:35or 0.75. Any of these four levels works
20:40for us. The moment the price on the 5-
20:44minute chart reaches those levels, we
20:48will apply the strategy rules. That is,
20:53on the hourly timeframe, we look for
20:54the direction of the next two or three
20:56candles. On the 5-minute timeframe, we
20:59apply the rules of the strategy. And
21:02the rules of the strategy are what I
21:05mentioned: trend change and pullback to
21:08Fibonacci levels. We have just reached
21:11the first level here. Let's see if the
21:14price continues to rise, because we
21:17will execute the position, and this is
21:20the task for the one-minute chart the
21:23moment we break the 50-period moving
21:25average on the one-minute chart and
21:28break a diagonal zone. That is, when
21:32the price breaks this level here, this
21:34zone here, we will execute. It has to
21:37break, close, and confirm. It happens
21:41right here, look: breakout, close, and
21:43confirmation candle, which is the next
21:46candle with high volume. So we execute
21:50the position. Where are we going to
21:53place the stop loss or the take profit?
21:55We will place the stop loss and the
21:57take profit in the following way. We
22:00will always put the stop loss at the
22:040.75 level of Fibonacci. There it is,
22:10the 0.75 level. And the take profit,
22:13where are we going to put it? At the
22:16previous highs or lows and managing it
22:19or managing it dynamically with the 50-
22:22period moving average. We are going to
22:27see it all now, don't worry. We keep
22:28moving forward. I am going to copy this
22:30from here. I am going to paste it here.
22:32Perfect. And we are going to see how
22:36this position develops. The price
22:39starts by hesitating a bit, but
22:41immediately and after this sort of
22:42horizontal movement, it starts to move
22:45aggressively toward our take profit.
22:48And not only that, but it continues
22:50with that trend. There are several ways
22:53to manage the position. Method number
22:57one, leaving the take profit static, or
23:00method number two, managing it with the
23:025-minute moving average. In other words
23:07, the moment the price aggressively
23:09breaks the 5-minute moving average from
23:12bottom to top, we can exit this trade.
23:15In this case, it would be an exit
23:18higher up, where the price doesn't
23:20continue with the trend and takes us
23:23out halfway through. Well, regardless
23:27of this, let's review the very simple
23:29rules and re-examine what is done at
23:32each timeframe. Hourly timeframe. We
23:36look for the direction of the next two
23:38or three candles using technical and
23:40basic price action concepts. 5-minute
23:43timeframe. We apply the rules of the
23:46strategy itself. Breakout and trend
23:50change, pullback to Fibonacci levels,
23:52deceleration, and reversal. One-minute
23:56timeframe. Execution. We execute the
23:59moment the moving average is broken.
24:01This is the objective and the reason
24:04for having each of these three
24:06timeframes. The rules point by point.
24:09What are those rules? Rule number one,
24:12the hourly chart must reach a
24:14resistance zone, decelerate, and
24:16reverse. Rule number two, the hourly
24:21chart must be positioned below the 50-
24:23period exponential moving average on
24:26the 4-hour chart. Rule number three, a
24:30trend change must form on the 5-minute
24:33chart. Impulse, pullback, continuation,
24:36moving average breakout, previous low
24:39breakout, and so on. Rule number four,
24:43the 5-minute chart must reach Fibonacci
24:48levels of 0.382, 0.5, 0.618, or 0.75.
24:56Rule number five, on the one-minute
24:59timeframe, the 50 moving average and a
25:02diagonal zone must be broken. What for?
25:07To execute the position. And rule
25:09number six, stop loss at the 0.75
25:13Fibonacci level. The reason is that the
25:17price could somehow give us a false
25:19entry signal and then continue to 0.75,
25:22so we must cover that level. And take
25:27profit at previous lows or by managing
25:30with the 50 moving average on the 5-
25:32minute chart. Why manage with the 50
25:36moving average on the 5-minute chart?
25:39Well, because the price might break the
25:41previous lows, pull back, continue, and
25:44form a much more extended trend
25:46structure that goes much lower. In case
25:50anyone wants to participate in the
25:52trend more clearly, you must use a
25:55moving average so you don't have to
25:57keep wondering whether to use this high
26:00, this low, this structure, or this
26:02level, and so on. So, these are the six
26:06rules of the strategy and the reasons
26:11for using each of the timeframes. As I
26:16mentioned before, in the first pinned
26:18comment and the video description, you
26:20will find other interesting links,
26:22courses, tutorials, training, my own
26:24strategy, my track record, and results
26:26—all 100%free content so you can keep
26:28learning without having to invest your
26:30money. I'll leave this video right here
26:33. I hope you liked it and that it was
26:35helpful, which is what matters. If so,
26:37hit like, subscribe, share it with
26:39friends and family, and we'll see you
26:41in the next video. Bye.

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