{"id":1811,"date":"2022-03-28T18:17:05","date_gmt":"2022-03-28T18:17:05","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=1811"},"modified":"2022-03-28T18:17:05","modified_gmt":"2022-03-28T18:17:05","slug":"5-minute-scalping-trading-strategy","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/03\/28\/5-minute-scalping-trading-strategy\/","title":{"rendered":"5 Minute Scalping Trading Strategy"},"content":{"rendered":"\n

The following is a 5-minute scalping forex trading strategy for the EURUSD, GBPUSD, USDJPY and EURJPY currency pairs. Scalping is a special type of trading strategy that helps the trader to make significant profits on minor price changes.<\/p>\n\n\n\n

In this strategy, the trader needs to make a minimum of 10 trades within a single day in order to capitalize on any minor price changes. A strict exit strategy must be implemented in order to minimize any potential losses. In this particular strategy, the holding time is 5 minutes. This method requires precise execution and nimble trading.<\/p>\n\n\n\n

Indicators to Be Used<\/strong><\/p>\n\n\n\n

In this trading strategy, the indicators that will be used are the 10 and 21 EMA, and the 50 SMA.<\/p>\n\n\n\n

You should then open an ADX indicator in a different window set at 13.<\/p>\n\n\n\n

At least 3 criteria must be satisfied for this trade.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

EURUSD 5-minute timeframe – Two bullish signals are shown with the circles on the chart. Circles 1 show the first buy signal and circles 2 show the second buy signal. The small support trendline is shown as the dotted black line. The price action accurately reverses in the war zone and continues higher.<\/p>\n\n\n\n

Trade Criteria to Be Satisfied for This Trading Strategy<\/strong><\/p>\n\n\n\n

  1. The first criterion is that the 50 SMA angle must be more than 20 degrees. The measurement does not need to be absolutely accurate, a subjective estimate is sufficient.<\/li>
  2. The second criterion is that the price should pull back through the 10EMA to the 21EMA. The area between the 10EMA and the 21EMA is the fire or war zone.<\/li>
  3. The third and final criterion for this trade is that the price must stay on the proper side of the small resistance or support line. You should draw a trend line from the last high or low prior to the cross of the 50SMA to the next high or low. This will form a small resistance or support line.<\/li>
  4. <\/li><\/ol>\n\n\n\n

    Trade Set up Rules<\/strong><\/p>\n\n\n\n

    1. The price and candles must all stay on the correct side of the small trend line. Otherwise, the possible trades will be canceled.<\/li>
    2. Pullbacks of candles towards war zone must be smooth and flat.<\/li>
    3. After identifying the first candle to enter the war zone, wait for the second candle to pullback from 21MA towards 10MA and then enter the trade on the pullback.<\/li>
    4. <\/li><\/ol>\n\n\n\n
      \"\"\/<\/figure>\n\n\n\n

      EURUSD 5-minute timeframe – Two bearish signals are shown with the circles on the chart. Circles 1 show the first sell signal and circles 2 show the second sell signal. The small resistance trendline is shown as the dotted black line. The price action accurately reverses in the war zone and continues to the downside.<\/p>\n\n\n\n

      The Trade<\/strong><\/p>\n\n\n\n

      Enter the trade in the war zone by making a market order and putting your stop loss 6 or more pips away. Do not use a trailing stop loss. Profit limit must be between 10 and 15 pips. Only trade where there is a good set up. Enter on small candles and look out for flat pullbacks.<\/p>\n","protected":false},"excerpt":{"rendered":"

      The following is a 5-minute scalping forex trading strategy for the EURUSD, GBPUSD, USDJPY and EURJPY currency pairs. Scalping is a special type of trading strategy that helps the trader to make significant profits on minor price changes. In this strategy, the trader needs to make a minimum of 10 trades within a single day […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[498],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/1811"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=1811"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/1811\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=1811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=1811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=1811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}