Hello everyone, I want to share my strategy for scalping in the 15 minute time frame (short term)
Note : Just for take a couple bucks like $2/$3 for one scalping, depending you risk on your balance..
Scalping Fast In,Fast Out.. if profit get ready close.
like trading in stock market Gold, Btw I'm basically trading in forex.. But Trading in Gold moving candle to fast for me.. haha
Indicators: EMA 20, EMA 50, EMA 200
Entry Requirements:
Entry Buy:
If the candlestick touches EMA 20 / EMA 50 and the candlestick closes above EMA 20. we can make a Buy entry and place the SL below EMA 50, with a note to look at the trend at EMA 200. if the candlestick is above EMA 200 it means the trend is Bullish.
Entry Sell:
If the candlestick touches EMA 20 / EMA 50 and the candlestick closes below EMA 20. we can make a Sell entry and place the SL above EMA 50, with a note to look at the trend at EMA 200. if the candlestick is below EMA 200 it means the trend is Bearish.
I hope you understand what I explained here
Let's Learn and make profit..