Okay yall, so i have been backtesting this new scalp strat.
1. box in the asian session (15 min charts only)
2. in the last quarter of the box, look for price action to break the previous high or low of the asian session.
3. enter your buy or sell with a 5-7 pip stop loss and go for no more than 20 pips (I recommend 10 until you get the hang of it).
simple tips to help:
1, the smaller the range of the asian session the better for this strat, so if its 20 pips or less in the box, that is a prime setup. if it is 10-15, super good, you can go for even more.
2. have a look for multiple touches inside the box.
3. have a look at the previous days range (i recommend using session breaks), if price climbed a lot the last day lean towards a sell, and vice versa look for a buy if the price dropped a lot.
feel free to reach out to me to chat anything Market makers/fluid money!
1. box in the asian session (15 min charts only)
2. in the last quarter of the box, look for price action to break the previous high or low of the asian session.
3. enter your buy or sell with a 5-7 pip stop loss and go for no more than 20 pips (I recommend 10 until you get the hang of it).
simple tips to help:
1, the smaller the range of the asian session the better for this strat, so if its 20 pips or less in the box, that is a prime setup. if it is 10-15, super good, you can go for even more.
2. have a look for multiple touches inside the box.
3. have a look at the previous days range (i recommend using session breaks), if price climbed a lot the last day lean towards a sell, and vice versa look for a buy if the price dropped a lot.
feel free to reach out to me to chat anything Market makers/fluid money!