Scalping Boom And Crash
With this strategy, the goal is to have at least 3 spikes per trade you make. Your goal with this strategy is 100 pips (2 candlesticks) before you finish the game.
There are times when it is difficult to study the tricks of the market, because there is no 100% perfect strategy. In this case, you will never know what is the best solid trading system and what is best for you as a trader.
Coping with the trading boom and crash requires a good knowledge of market trends, charts and discipline. It also requires good analysis, as traders must recognize support and resistance before making a trade. If you are looking for boom, crash and index, this article is written for you.
Forex trading on a busy schedule is possible, and in this article I will show you how to do this. As a rule of thumb no strategy is 100% perfect, but I will try to give you a few tips to help you on your way to becoming a successful dealer. My own strategy is that you should have access to different strategies and trading styles to suit each trader with limited time.
Trade alone is not a game of chance, but a proper business based on strategy and principles. In the trading world, there are various ways to attack the market, and you have to figure out what works best for them. There are myriad different styles and preferences, and no strategy is perfect.
This article is a package that gives boom and crash traders the opportunity to choose the strategy they want to use, and it includes all the strategies to give a scalper to the non-negligible spike trader. Download Boom and Crash Strategy PDF: How to Catch a Boom, Crash or Spike by Solomon Maheshe.
Make sure you note down the details of every trade you make and the reasons why you wrote it down in your trade journal. Read your plan every day and follow it, so that you stay on target with your goals. You can revisit your magazine to evaluate your trades and see how you progress.
This gives you some breathing space and the feeling that you are not micro-managing your trades, and you can return to your charts within hours without affecting your trades. For this reason, I recommend doing most of your scalp business in New York and London, especially when the sessions overlap. If you touch too high in that timeframe, you leave your charts for too long, and this can affect your trades too much.
As a trader you should be sure that you run out of time at some point and you miss a trade. Throughout my trading career, to varying degrees, I have always had time to act. In situations like the regular, you may find that you are acting and become a disadvantage.
The chart below shows the buy setup generated by our 1-minute forex scalping strategy. When the 50% period EMA crosses the 100% period EMA, the first arrow on the left shows that this is a signal that the EUR / USD pair on the chart has entered a downward trend. During the boom and crash, profits are recorded on the purchase position at the time the sell signal occurs.
The only change you need to make is to set the main style color of your Metatrader to 5 in the background and give each signal line a unique color. Cross the MACD signal line between RSI levels 25 and 75 and buy two minutes later during the crash.
For this strategy to work in a boom, you have to make sure that the boom is on a downward trend and you see a large time frame between the boom and the crash, or the opposite is the case. If you see a cross between MACD and RSI between -5.5 and -7.5 during the boom, you sell for two minutes. As a rule of thumb, if the condition in your rule book is 80% or more, you jump into a trade with a good risk-return ratio.
If your analysis proves incorrect, you should close the long-term trade before it starts to do great damage to your trading account. You should make a trading decision within seconds of your trading strategy confirming a buy or sell signal. They can view the trade build-up from a safe distance and swing the trade back and forth in the market.
Based on what we have described above, here is a simple and effective forex strategy for the 1 minute timeframe. This strategy is based on the trend, followed by a reverse to reduce the number of false signals to a minimum.
Synthetic indices imply the coagulation of many simulated markets, including boom and crash indices. These are the most profitable indices, namely the boom / crash index and the volatility index.
In fact, in the first year of trading, I experienced more than 95% of the boom and crash traders I met as a scalper. Although I know that there are other trading strategies besides scalping, there are some basic trading strategies that I think are best suited to trading in boom or crash markets. For example, currency pair transactions with many sizes between 0.01 and 1.00 represent a good decision for risk management.
Please make sure to post and share at the end of this article to help others. Boom and Crash Team is a private group with 3,748 members, which joins the group of Boom & Crash Traders.
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