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A Perfect Scalping Strategy For You!!!
Easy And Simple Scalping Strategy
Dear Traders
With the emergence of online trading, traders were finally able to open and close trades quickly, capturing tiny movements for profits. It can't be denied that nearly every trader comes across scalping once in their career, and many continue adopting it as their only trading strategy.
What is scalping
A scalping trading system requires many trades that each aim for small profits. Rather than holding a position for hours, days, or weeks, scalping aims to generate a profit in minutes, if not seconds, by trading only a few pips.
What is the best scalping trading strategy
There are hundreds of scalping trading strategies that may involve individual or a combination of different technical indicators, and each strategy will be suitable for certain markets and conditions. In our experience, moving average crossover is the best scalping strategy.
Scalping with moving averages cross overs
This strategy can work on multiple instruments, especially in forex. For example, on the Gold 5min chart, moving averages cross over has a high success rate, and this is how it works.
We use two simple moving averages: one is 50 period SMA, and the other is 20 period SMA. Whenever a smaller moving average (20 SMA) crosses above the bigger moving average (50 SMA), it provides buying opportunities. On the other hand, when a bigger moving average (50 SMA) crosses over the smaller moving average (20 SMA), it provides selling opportunities.
How to scalp with moving averages cross over
As you can see in the given chart, when the 20 SMA crosses over 50 SMA after the decline, it provides many buying opportunities to enter multiple times. You may add or open new positions when the price touches the 20 SMA along the way.
In the opposite scenario, when the 50 SMA crosses over 20 SMA after a bull run, it provides many selling opportunities to enter multiple times. You may add or open new positions when the price touches the 20 SMA along the way.
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