Insane Forex Scalping Strategy (EASY and PROFITABLE) | For small forex accounts
sup youtube family sup phoenix gang it's your boy king abe welcome back to my channel and in today's video i'm gonna be showing you guys an insane simple and profitable scalping strategy that's what i'm going to be showing you guys in today's video so if this is your first time on my channel and if you find value in this video give this video a thumbs up smash that subscribe button and turn on the bell notification so you guys don't miss any of my future videos so now without further ado let's jump on the charts and let's get this video started and i will see you guys inside we're going to be looking at this strategy on the 15 minute time frame and before i actually get into this video if you guys want access to my signals on this card the link is going to be down below in the description all you have to do just click the link down below and you guys will definitely get access to my signals on discord so now when we want to use this scoping strategy i recommend using this strategy on the 15 15-minute time frame and make sure you only focus on trading on the new york session and the london session or just you know new york session or the london session now we're not going to be trading the asian session at all so for this strategy right here on my chart i have this indicator it's called trading session so once you add it onto your chart you go here to settings and for the style you only check the london session and the new york session and you know you can also change the colors if you want to and here for the input you uncheck agent session and you check london session and the new york session now when it comes to your time zone is definitely going to be different from mine because my time zone is central yours might be pacific or eastern so make sure you change those to you know your time zone so that everything can you know match correctly and the default settings for the time zone here is is 10 standard time so est so if you if your time zone is eastern then you don't need to you know touch none of this at all you just need to uncheck agent session but if your time zone is specific standard time or whatever time zone then you need to make sure you you know change the time zone to you know uh corresponds with your time zone so once you're done then you click on okay now right here i have this white background here this is my asian session and this is my london i have my london session new york session and this is also new york session as well this gray background this is new this is new york uh session going into the new york stock exchange session so this is still new york session as well we have london then new york session so now what we need to focus on before we get in the trade is if you are if you're watching this and you know how to identify your highs and your lows man congratulations because this strategy is absolutely gonna work for you man this strategy is just simply insane and it's just just amazing as long as you focus on trading either the london session or the new york session then this strategy is absolutely going to work for you and it works with on all pairs all pairs crypto indices it works on everything just use it on the 15 minute time frame so now looking at this looking at the asian session we need to figure out our highs and the lows of the asian session and here we have a low here we have the low in the uh asian session here so this is our low for asian session and we have a high for asian session right here so we have a high for asian session right there and we have a high here for asian session as well so as you can see here now we have those those zone now we have we've identified our highs on our lows for asian session now coming into london session this is the time for us to you know sit down and wait for our entry to take whatever position be it a buy position or a sell position but during this london session we can see here that price broke the high the low of the asian session now once we see that price broke the low of our asian session now it's time for us to get in your sale position now when it comes to get getting into your trade getting into your trade getting into a trade is going to depend on you you can use the break and retest strategy or you can use the break above resistance or break above support meaning break above your heart or break above your low and you just get in your position so your entry is going to depend on you for me i'm just going to get in right here once we have the break below support right there and i'll have my stop-loss right above and i'll give it more room so i'll give it more room so we're looking up at about excuse me guys we're looking at about 23 pips now when it comes to my take profit before we figure out what our take profit is let's put this in replay mode actually no we're not going to put it in replay mode because i want you guys to see because i'm going to show you guys you know uh different examples here to let you guys know that this strategy definitely could work for you so now we are we have our entry now to figure out where our take profit is gonna be now for me i just gotta look to the left hand side to figure out where my entry is going to be and all i have to do is to look for the law here on the asian session and we have a low here i can target the low of the asian session and if i want to have multiple take profits i can target the previous high as well so we can see this high was actually first high was during the new york session and we had another high here during the asian session the price eventually broke it when new york session opens and then you know you guys can see we had a bullish momentum so now we have this take profit here and you know if you want more take profit you just gotta look to the left hand side here and you can see we have another law here during the new york session and you know we can target that as well so if you have more than one take profit i always recommend that you make sure you move your stop loss to entry price whenever your take profit gets smashed and if we look at this here we can see that our first take profit is just going to be four let's see here let's move this a little bit so our first take profit is gonna be for 15 pips once that gets matched you just move your stop loss to your entry price and right here we have another take profit here 26 pips right there and down here we have another take profit here for 44 pips and your stop loss is just 24 pips so all together your risk reward ratio is actually one two eight and if you don't want to use multiple take profit you can just use you can just use one take profit and just anticipate that price is eventually going to get to this previous low here we had a low here during we had a low here during the uh london session another low here going to new york session and translated another loop during the new york session as well so you can just anticipate that price is going to get to this zone because at the end of the day price eventually has to fill up all this right here twice as to fill up all these candles surprise eventually has to fill up all these candles right here to the left hand side so it has to fill up all these candles here to the left hand side it has to do the same thing here on the right hand side eventually so you can just target that zone all the way down here and just adjust through your stop-loss you know that strategy is just going to be is just going to depend on you so this is how you use this strategy for a cell position now if we keep looking here so let's delete all this let's keep looking now now this is and this is another day now we're on we on to the next day now we have during new york session we have a high here now each setup is definitely going to be different they're not all going to be the same as long as you identify your highs and your lows then you'll be good to go so we have a high w new york session and we have a low going asian session so now we've identified our highs and our lows now since we've identified our highs on our lows we have a high here going new york session and coming into asian session we can see that price created another high here during the asian session so now come london session for this you can see the setup is different from the first one so for this now i can see that now this right here became a demand zone right here this became a demand zone and i have we have a supply zone here at the top now once i see this rejection once you see these rejections here and what the price do during new york session so what i'll do for me i'll wait for price to break this high here i wait for price to break this previous high that was also created during asian session right there and i'll have my entry right here at this bullish engulfing candle this is where my entry is going to be and for my take profit now i have all my zones already my first take of it is absolutely going to be this zone here because as you can see you know we have a high here price created a high doing age during asian session so this is our high right here so i'm going to have my take profit right here and as you can see price obviously go to my take profit zone for let me make sure i get this correctly for 31 pips and i'll just have my stop loss right below my zone i'll give it a little bit of room uh we're looking at 17 pips and we have that right there now i have my first take profit once that gets smashed i can then move my stop loss to entry price if i have multiple take profit or i can just have one take profit now if i have multiple take profit obviously i have my 31 pips right there now this is another zone right here we have another high here during new york session we're looking at 43 pips right there but you know if you have moved your stop-loss to entry price you know you would have been stopped out of this trade which is good now you made some money during london session now on to new york session now onto new york session so obviously now during london session we just moved this right here we can say now during london session price created this is our high right here uh we have so this is our high right here during london session now then we have our low we have our law right here now going london session domination session and then don't renew your accession what the price do price came back and we tested that same zone let me make sure let me do this correctly so price came back and we tested that zen that same zone again now we can have our entry here don't we new york session because we still have this previous high here now we can see because it's also a low right here during london session because we have a rejection now right over here i'll have my entry you can have your entry right here now this is you you you trading in between supply and your demand zone that's why i said its setup is definitely going to be different if you don't want to do it this way you can just use the breakout strategy so we're in new york session so i'll just get in excuse me guys so you have your entry right here because this is this is definitely a rejection price refused to break this zone here and now if we look at it look to the left-hand side i know that eventually price has to fill up these candles here on the on the right hand side here and that's exactly what price did so during new york session you can have your entry i mean you'll take profit right over here you're looking at 37 pips and for your stop-loss you just target it below this zone here give it you know just give it a little bit you know of breeding room we're looking at 22 pips your risk reward ratio is one two six now you just made money during the london session and you made money during the new york session and if you only trade in one session either london or new york session then obviously you can see you absolutely made you some money as well and at the same time you don't have to have your take profit all the way to the previous high you can just you know target maybe 10 pips 15 pips 20 pips you know whatever whatever you want to do that depends on you i'm just showing you showing you guys you know your uh your uh take where your take profit can actually be because your highs and your lows those can also be your take profit zone so that's what i'm showing you guys here as well so now this is for the new york session now we don't need we don't need all this we don't need asian session at all now come here this is going to be the last last example that i'm going to be showing you guys now if we look at this now we we're in asian session we see that over here price created a high we had a high here this was a high windy asian session we have behind here during the asian session then you know we have one here and we also have a low this was asian session low right here so we have asian session low right there and now come london session now for me during this london session i'm not getting in any trade at all why because i would have been expecting price to reject this zone this previous asian session low i would have been waiting for price to reject this zone but in this case we didn't have no rejection price didn't even get to the previous asian session low so for me i'm not i'm not going to trade london session i'm just going to be waiting for a new york session and over here if we look we have the previous asian session right over here we had the previous asian station right here and we have the previous high of asian session as well so we have these highs right over here so this high here i would have been expecting price to break the previous high and then hopefully continue going bullish but in this case price didn't do that at all because price decided to reverse if i decided to reverse during new york stock exchange open which is 9 a.m my time if you guys look down here you can see that this was let's see what time this was twice reversed exactly at 9am actually let's see it reversed at 8 a.m my time new york session opens at 7 so it reversed at 8 am my time so for me with my strategy that's why no no strategy works 100 of the time for me i would have actually lost this trade because since we have this break right over here i would have been waiting once we have the break i would have got in this by position and this would have been a loss but even though i lost this trade this new york open trade now because i'm looking at the charts and i can see that now my bias was actually wrong then i had another opportunity to get into this cell position because i have all my conditions met my first bias was wrong because at the end of the day the market is always going to do what he wants to do so now i'll have my entry since that was wrong my first bias was wrong now once i see this because i have price broke the previous high of the asian session then i'll have my entry right below this zone right here check yourself position right there and i'll have my stop loss right above my previous high i'll just give it more room so we're looking at 15 pips in this case and i'll just have my take profit target i'll target the previous low of the new york session and the agent session i'll just target that zone right there we're looking at 40 pips and if i'm looking to take you know my take profit all i got to do is just look to the left hand side and i can target this low and i'll aim to target this low this low here during the london session with the london session that would be another take profit target for me and if we draw drag this all the way down here we're looking at excuse me guys we're looking at 75 pips all together and you know once you have your first take profit smash just move your stop loss to entry price and then you can fill your stop loss from there and even though we have our zone for our first state profit so we're looking at 40 about 40 pips now you can always target just target 20 pips as your first take profit you know in between these zones here you have that for 20 pages because at the end of the day when it comes to scalping we're just trying to get in and we're trying to get out between that's all we're trying to do and you have 20 22 pips right there and you know then you had another take off here for 40 pips and then we had another zone all the way down here for 75 pips right there so guys this is exactly excuse me guys this is exactly how you use this strategy for scalping so if you guys find value in this video all i ask is that you give this video a thumbs up smash that subscribe button and turn on the bell notification so you guys don't miss any of my future videos and also guys remember make sure you try this strategy on the demo account and i promise you guys when you do try it on the demo account you see that if you use it exactly like this as long as you know how to identify your highs and your lows this strategy is definitely going to work for you if you don't know how to identify your highs on your law meaning your support and resistance all supply and demand then you have to make sure there are a lot of a lot of videos on youtube that you can watch and then once you able to identify your highs and your lows then you can come back and watch this video and you you will not be disappointed so guys that's it for me thank you guys for watching and i'll see you guys in my next video
2021-11-02 03:59
