Forex Scalping Strategy Results — Transcript

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1. 0:00the proof is in the pudding i don't know
2. 0:02where this phrase came from
3. 0:04i don't even eat pudding but i'm gonna
4. 0:06show you how
5. 0:07since last thursday on a small
6. 0:10account a thousand dollar account i was
7. 0:13able to make
8. 0:14over seven hundred dollars basically in
9. 0:16three days because it's tuesday
10. 0:19[Music]
11. 0:21welcome back to the channel everybody my
12. 0:23name is artie and this
13. 0:24is the moving average a show where we
14. 0:25discuss everything day trading
15. 0:27to keep you profitable on a consistent
16. 0:29basis so i've just been playing around
17. 0:32with a small account like i have my main
18. 0:33account that's much larger but this
19. 0:35small account i've just kind of been
20. 0:36playing with because i've been scalping
21. 0:39a lot more recently especially scalping
22. 0:42indices so let's jump into trading view
23. 0:44really quick this is going to be a short
24. 0:46video i just want to show you what i've
25. 0:48been doing
26. 0:48basically us30 works a lot different
27. 0:51than
28. 0:52any 4x pair so on a normal 4x pair
29. 0:55you're looking for pips like a 20 pip
30. 0:57move a 10 pip move a 50 pip
31. 0:59move and with a .01 lot size you're
32. 1:02looking
33. 1:03at 10 cents per pip like it's a small
34. 1:06amount of money i don't know the math i
35. 1:08always have to use a calculator but
36. 1:09essentially on
37. 1:10us 30 on my broker if you use a .01 lot
38. 1:14size
39. 1:15for every dollar that us30 moves up or
40. 1:18down
41. 1:19you get one dollar on a 0.01 lot size
42. 1:23and so i've been scalping using moving
43. 1:25averages
44. 1:26so when it tests a moving average and
45. 1:28then bounces off of it
46. 1:29i get in on a long position when it
47. 1:31breaks through a moving average like the
48. 1:3350
49. 1:34i know that it's eventually going to go
50. 1:36down to the 200 so i've been scalping
51. 1:38this if you want
52. 1:39detailed information on how this
53. 1:41scalping strategy works
54. 1:43watch this video i made yesterday on
55. 1:45scalping but essentially i'm just like
56. 1:47taking a trade here you know it crossed
57. 1:49through the 50
58. 1:50went to the 200 that's my scalp it broke
59. 1:53past the 200
60. 1:54so i'm just scalping here until it loses
61. 1:56momentum
62. 1:58and just consistently time and time
63. 2:00again like
64. 2:01trading between moving averages as it
65. 2:03moves between these two
66. 2:05between these two as it crosses over
67. 2:07like i'm constantly
68. 2:08trade trade trade trade trade trade
69. 2:10trade trade trade so
70. 2:12i'm gonna open up my phone right now
71. 2:15and start recording the screen okay so
72. 2:17i've got my screen up right here
73. 2:19alongside
74. 2:20my face as you can see here the total
75. 2:22account balance is right now
76. 2:261581.
77. 2:28and i started this scalping like
78. 2:31consistently like trying to do it every
79. 2:33single day
80. 2:34last thursday so looking at my history
81. 2:37here i have
82. 2:38a custom parameter set up and it's a lot
83. 2:41of us 30.
84. 2:42it's a lot of i mean some currency pairs
85. 2:45occasionally when i see massive bullish
86. 2:47momentum i can't
87. 2:48you know like not trade it like i will
88. 2:50take the spike all day
89. 2:52i also trade some crypto primarily
90. 2:54ethereum because the spreads are
91. 2:56actually better on my broker than they
92. 2:59are with bitcoin
93. 3:00so as you can see here you know i've got
94. 3:02a lot of winning trades and they are
95. 3:04small
96. 3:05like a point zero one so i was looking
97. 3:07at a 16 move on the first one a two
98. 3:09dollar move on the next one you know
99. 3:10then 23
100. 3:11then i had a loss and as you can see
101. 3:15i've clearly like i mean some of these
102. 3:18do go into drawdown some of them go into
103. 3:20drawdown of you know 30
104. 3:22or whatever but i know that my analysis
105. 3:24is correct i was just like
106. 3:26the entry point was kind of wrong
107. 3:29so you know there was drawdown and some
108. 3:32of these that get a little bit out of
109. 3:33hand like this one
110. 3:34you know it was a losing trade minus 35
111. 3:37but i keep scalping day in and day out
112. 3:39and like trade after trade after trade
113. 3:41and multiple positions
114. 3:43and getting in and out and when i start
115. 3:45when i get in on a position and it's
116. 3:47going the wrong way
117. 3:48i'll take the opposite position until i
118. 3:50get some profit and then it'll start
119. 3:51going in the direction of my original
120. 3:53trade so i'll close that one
121. 3:55and this it's this constant like
122. 3:57scalping buying and selling buying and
123. 3:59selling buying and selling in between
124. 4:00these moving averages
125. 4:02and as you can see here a total profit
126. 4:04of 710.78
127. 4:07since last thursday now what i want to
128. 4:09show you is my
129. 4:10win rate like there's no specific risk
130. 4:13to reward ratio i just
131. 4:15i have a losing threshold so if i lose a
132. 4:16certain amount of money
133. 4:18that's what i'm going to stick with but
134. 4:20if i start getting into profit
135. 4:22i will take that profit especially if i
136. 4:24see a loss of momentum if i see a loss
137. 4:26of momentum i'm out of the trade right
138. 4:28away and i'm looking for my next entry
139. 4:29so that's why you can see some of these
140. 4:30are 80 and some of them are two dollars
141. 4:32some of them are 23 cents
142. 4:34but overall right here there are
143. 4:3753 trades 53 total trades
144. 4:41of those 53 trades 48 were winners
145. 4:45and five were losses so if you do the
146. 4:48math on that
147. 4:4848 divided by 53 that is over a
148. 4:5290 win rate which is freaking incredible
149. 4:55i'm going
150. 4:56to keep doing this on this account and
151. 4:58eventually if i start
152. 4:59seeing you know good statistics over
153. 5:01time you always have to back test
154. 5:03and forward test so i've been testing
155. 5:05this seeing how it goes
156. 5:07not being too risky but once the
157. 5:09strategy gets really honed in
158. 5:11and i become more comfortable with this
159. 5:14on a daily basis and i know
160. 5:16my us 30 pair and i know which direction
161. 5:18it's going to go because the more you
162. 5:19trade a pair
163. 5:20the more comfortable you get with it
164. 5:22eventually i will move this strategy to
165. 5:25my main account
166. 5:26and trade much bigger lot sizes because
167. 5:28you can imagine
168. 5:30with the us 30 on a point zero one and
169. 5:32i'm making one dollar per one dollar
170. 5:34move
171. 5:35it's nice for a small account but
172. 5:37imagine if you have a 50 000
173. 5:39account and you're doing i don't know a
174. 5:420.25
175. 5:43then your screenshots and testimonials
176. 5:46are going to look more
177. 5:47like this you can see the difference i
178. 5:49mean that's thousands of dollars
179. 5:51in one day so if you guys want to learn
180. 5:53my scalping strategy and how i actually
181. 5:55do this trading in between moving
182. 5:57averages
183. 5:58i've linked the video down below and a
184. 6:00card right here but essentially i just
185. 6:02wanted to show you guys
186. 6:03how scalping can be beneficial for you
187. 6:06especially if you're an impatient trader
188. 6:08and you don't want to hold trades for
189. 6:10three days
190. 6:11or you know watch the markets and
191. 6:14strengthen resistance like
192. 6:16this is strictly price action trading
193. 6:18this is
194. 6:19not going into fundamental technical
195. 6:22analysis this is just
196. 6:23taking advantage of the big moves that
197. 6:25are happening right now
198. 6:27for a very short period of time most of
199. 6:28these trades
200. 6:30were no longer than 15 minutes
201. 6:34a majority were done in two or three
202. 6:36minutes
203. 6:37so again links in the description below
204. 6:39if you guys enjoyed this video and got
205. 6:41some value out of it
206. 6:43i'd appreciate a big fat thumbs up down
207. 6:44below and if you have not already
208. 6:46consider subscribing to the channel for
209. 6:48more videos like this
210. 6:49thanks for watching and we'll see you
211. 6:51tomorrow