[Free] M15 Proven Scalping Strategy In Forex Trading
Proven trade forex pair method, easy understanding and you’ll be able to start right away. – Free Course
What you’ll learn
- Easy understanding strategy for immediate success trade
- Learn the usage of Moving Average
- Fast positive trade results
- Make stable extra income through this strategy
Requirements
- Only Basic knowledge about forex trading needed
Description
A scalping strategy on a 15-minute chart involves making quick trades to capture small price movements. The goal is to enter and exit positions rapidly, often within 15-min to max 2/3 hours, to accumulate small profits that can add up over time.The setting up of this strategy is easy, use a combination of Exponential moving averages (EMA 20 & EMA 50) to identify trends. Next look for a crossover of the both EMA as a signal for a potential changing direction. When EMA 20 is above EMA 50, is a sign of up-trend, vise versa if the EMA 20 is below the EMA 50, it is a signal of down-trend.
Next wait for a long impulsive candles as a signal of strength, The body size of this candle can be seen obvious is much longer than the usual candles’ size. Enter your trade right after the impulsive candle closed.Set a stop loss at 15 pips, and target a profit range of 15 pips too. As for the Risk and Reward ration for the trade are control in 1:1.
We hope this easy strategy will easily help you earn more and good luck to you. See you in next course.
Author(s): Price Action FX
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