$BTC A scalping strategy is a short-term trading approach aimed at profiting from small price movements—often just a few pips or ticks—by making numerous trades throughout the day. It's commonly used in forex, stocks, and crypto markets.
Key Elements of a Scalping Strategy:
1. Time Frame:
Typically uses 1-minute or 5-minute charts.
Trades last seconds to a few minutes.
2. Instruments:
Works best on highly liquid markets like EUR/USD, BTC/USDT, or large-cap stocks.
3. Tools and Indicators:
Moving Averages (e.g., EMA 9 & 21) for trend direction.
Bollinger Bands for volatility and entry/exit zones.
RSI or Stochastic Oscillator for overbought/oversold signals.
Volume indicators to confirm momentum.
4. Entry Signal Example:
Price pulls back to the 9 EMA in an uptrend and shows a bullish candlestick pattern.
5. Exit Strategy:
Set tight take profit (TP) and stop loss (SL) – e.g., TP at 0.2%-0.5%, SL at 0.1%-0.3%.
Use trailing stop for dynamic exits.
6. Risk Management:
Risk 1% or less per trade.
Use leverage cautiously.