How to Scalp Winning Trades using Price Action Setups
I like to look for prime scalping opportunities with my daytrading so need to have a solid understanding of price action concepts to not only find the winning trades but also keep out of the Traps!!
Marking up the price action each day helps me refine my trading to put me into the 'right' areas for my trade setups. I like to use the 5min and 1min charts along with some EMAs and MACDs to define the momentum. The most important for me is to have an idea of whether the price action is likely to be ranging or a trending move.
In the video I talk through the prime areas and price action using the two timeframe charts. I link up the charts and reasoning for each trade area which produced a solid scalping session!!
ANY QUESTIONS, JUST LEAVE IN THE COMMENTS !!
** If you like the content then take a look at the profile to get more ideas and learning material **
** Any Comments and likes are greatly appreciated **
Marking up the price action each day helps me refine my trading to put me into the 'right' areas for my trade setups. I like to use the 5min and 1min charts along with some EMAs and MACDs to define the momentum. The most important for me is to have an idea of whether the price action is likely to be ranging or a trending move.
In the video I talk through the prime areas and price action using the two timeframe charts. I link up the charts and reasoning for each trade area which produced a solid scalping session!!
ANY QUESTIONS, JUST LEAVE IN THE COMMENTS !!
** If you like the content then take a look at the profile to get more ideas and learning material **
** Any Comments and likes are greatly appreciated **
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