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Scalping

What is Scalping (How to Scalp the right way)To me scalping is a form of trading that's done when you're in between your moving averages or in between support and resistance levels like inside of those zones or when you are inside of consolidation and distribution areas. A lot of you claim to be scalpers on small time frames when the truth of the matter is you are simply impatient and you use 1 minute, 5 minute, 15 minute or less time frames on your charts. With that being said one thing that you need to have a good grasp on is how to range trade and in this video I'm going to show you what you should be looking for when you arrange trading. ------------- Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling. In day trading, scalping is a term for a strategy to prioritize making high volumes off small profits. Scalping requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain. Thus, having the right tools—such as a live feed, a direct-access broker, and the stamina to place many trades—is required for this strategy to be successful. Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling. Scalping requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain. Having the right tools—such as a live feed, a direct-access broker, and the stamina to place many trades—is required for this strategy to be successful. A successful stock scalper will have a much higher ratio of winning trades versus losing ones, while keeping profits roughly equal or slightly bigger than losses. A pure scalper will make a number of trades each day—perhaps in the hundreds.
Education
by CoffeeshopCrypto
13
NQ - Nasda Test/Retest, now down.NQ had a phenomenal run-up since yesterday. It was hard to find any sign of weakness. In the 15 min. TF I found the correct Fork to apply that gives me any usable information about price. 1. The Shiff-Fork projects price to the upside, but also expose the fact that price fell out of the projection below the L-MLH. 2. Price stopped at the HVN. Or better, the Algos bought price at that level (violett line). 3. Price had it's first "Test" of the L-MLH, and soon after the second one, interfering with the TL from way above. Such "coincidence" I call "Confluence". 4. My Scalping filters, the Indicators also signaled that it's time to give it a go. 5. Finally I observed the Bid/Ask Volume and saw large order got thrown at the Bid. This is my ticket to ride and I'm short the market.
CME_MINI:MNQ1!Short
by Tr8dingN3rd
AVAX Long Set-UpI entered a long position here on #AVALANCHE. A previous major low was swept and the price seems to be holding this level. I placed a stop loss below the previous wick low. #Bitcoin also has swept its HTF pivot low and is looking to move higher in the short term. ---------------------------------------------------------------------------------------------------------------------- Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
XAUUSD Daily timeframe analysisLooking at the daily timeframe we have had our push up for the day and are at a very critical level where we have seen price reject on the daily timeframe 26 (yes twenty six) times in the past. This is significant because it means there is a high probability of price rejecting this level and moving down, however, should we see price close above this level it would indicate a strong chance of price continuing to the upside. Even as a scalper this level is key because it will help give the bias/overview for the remainder of the day and tomorrow.
OANDA:XAUUSD
by FriesianFX