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Scalptrading

GBPCHF Potential Buy SCALP Opportunity! Welcome back! Here's an analysis of this pair! **GBPCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
5
Long Scalping a Bear MarketProbably one of the most difficult things you can do in a Bear Market is BUY. Especially when we are seeing aggressive selling like this. This is the type of market where every time you try and long, you lose money. There's little point buying a falling knife UNLESS you are really good at it, because this current market is breaking every single type of support because of sentiment. HOWEVER, using my strategy with the Price/Trend Indicator and Volume Indicator, you are able to see when momentum/ volume has shifted INSIDE of the Bear Flag . From this you can see that they are probably going to break out upwards to hit Stop Losses before continuing the fall. If you take a look at the Orange Boxes, you can see a BUY signal, but Volume hasn't upthrusted enough - it hasn't strongly gone above the Blue and Grey trendlines, so it is invalid. If you take a look at the White Boxes, you can see a BUY signal, with Volume upthrusting above the Blue and Grey trendlines. This is a valid LONG. (Ignore the purple line, I'm just testing something at the moment) There is an indicator called "Deviation Bands" - these are Standard Deviations from the baseline of current price. If you choose the option of "EMA", this will allow you to set Take Profit targets - like here, TP 1 and TP2. I will reupload it on my Scripts soon. Stop Loss is usually quite tight in these scenarios - sometimes actually not as tight as this (sometimes you can get wicks) but other times below the last low.
Education
by reiiss7
6
AUDZD Scalp Area to Watch Welcome back! Here's an analysis of this pair! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
GBPCHF I Scalping Opportunity 23 hours ago Welcome back! Here's an analysis of this pair! **GBPCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
GBPAUD I Best Place to Scalp this Week! Welcome back! Here's an analysis of this pair! **GBPAUD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
2
US30 Scalp trade IdeaUS30 has been bearish all week with no breaks. Price has been trending down and it looks like there is a possibility that it may continue to do so. Currently price has broken structure and formed a high after breaking a level of resistance on the 30m timeframe. In order for a reversal to finally occur, we need to see price form support along the structure that has been broken. If price is able todo so, we can see more bullish pressure going into the market open. Waiting for my signals to confirm the best entry.
U
by dreadhead4_life
US30 Sell IdeaUS30 has been trending bearish for weeks and I believe that there will be more bearish continuation. Price is currently ranging after breaking structure to form a new lower low. I think that price is building up liquidity/momentum for the market open before price begins to continue the bearish trend. I and waiting for a break and close of the support level, to then continue bearish with the market volume open. I am in favor of bears but patiently waiting for the signals to make an entry.
UShort
by dreadhead4_life
US30 Breakdown-Scalp Trade IdeaUS30 has been trending bearish these past few weeks and has also broken and closed below a key level of structure. This break and close below support on the higher timeframe could be the indicator for more bearish momentum to come. If price begins to form resistance and fails to break above, we can see a trend continuation to the downside to retest the low that was created. But if price forms support on the 30M timeframe, we can see a continuation to the upside. Currently the price is in a range, but once we have a solid break and close, along with market volume, price will show us which direction it will continue to head. The current trend is in favor of the bears, so be mindful when taking bullish setups because they may be short lived. 1. Price is currently trending down 2. Low was formed during yesterday's session 3.Higher high was formed, which could be a sign of a reversal 4. If price can hold and form support, we can see a bullish continuation to retrace some of the bearish move down
U
by dreadhead4_life
AUD/USD BuysThe higher timeframes indicate a bullish nature on this particular pair The most recent support regions on the smaller timeframes have successfully held with some consolidation becoming apparent prior to Asian open Price attempted to break support again and failed. This justified a buy position in the form of a buy stop in order to confirm momentum before entering. To gauge an early entry (due to the large candle sizes), I used the 15min timeframe. Targets are set at the previous highs where we have seen low traffic movement If history is to repeat itself, these previous resistance levels should be achieved again.
Long
by JRonaldTrading
2