@trading_angel: 1M SCALP TRADING STRATEGY IN ONE MINUTE This ones been working really well for me on the indices such as UK100, NASDAQ and US30 If youre looking for a buy posotion perhaps because your directional bias for the day was up however the move after the open was down, then you want to wait for the market to slow down and form a range. Its a reversal strategy but we’re being mindful not to enter too quickly so we’re going to split the screen in two and look for two comfirmations on different time frames. On the one chart we’re looking at heikin ashi on 5M and on the other we’re looking at normal candlesticks on 1M. We’re looking for two things to happen in either order, it doesnt matter which happens first, we’re entering on the second one. On the 5M we want to see heikin ashi show momentum has actually changed to the other direction so if you’re waiting for a buy signal thats a green candlestick with a flat base and wick at the top. You want to wait for that candle to close on 5M. Then on the 1M chart you want to mark up the highest point of the range and wait for a long bodied candle to close above Always use a stop loss! If you’re looking for a trading coach follow Trading Angel for more, or for 1-2-1 coaching email: [email protected] #tradingangel #tradingcoach #tradingmentor #scalptrader #tradingstrategy #nasdaqstrategy #us30signals

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Friday 31 May 2024 12:57:43 GMT