In this video, we explore a high-probability scalping and/or day trading strategy for XAUUSD (Gold), building upon concepts introduced in our previous videos about trading plan development and risk management. This installment focuses on refining entry points for high-probability trades. Initially, we analyze a basic trend continuation strategy on the 4-hour time...
For the past 2 months I tested a scalping strategy using the Stoch RSI oscilator for OANDA:XAUUSD .
Basically, it consisted in entering a position, short or long, whenever the Stoch RSI crossed the signal above (shorting) or bellow (long) the overbought /oversold zones with very tight SL, waiting until the Stoch RSI gave me a clear trend change signal.
I tried...