Simple and high accuracy “Forex Red Blue Solar Wind Scalping Trading System” – Scalping or short-term trading involves making dozens or hundreds of trades a day, trying to scalp a small profit from each trade by exploiting the bid-ask spread.
Many small profits can easily compound into large gains if a strict exit strategy is used to prevent large losses.
- Time Frame: M15
- Currency Pairs: GBPUSD and EURUSD
- Solar Wind ACS
- RBCI Hist
- Probability Meter
- BUY SELL MAGIC (Indicator 02)
- Solar Wind ACS: Blue histogram
- RBCI Hist: Blue histogram
- Probability Meter: BUY
- BUY SELL MAGIC Indicator 02: BUY (Blue color) Arrow
- Solar Wind ACS: Red histogram
- RBCI Hist: Red histogram
- Probability Meter: SELL
- BUY SELL MAGIC Indicator 02: SELL (Red color) Arrow
Scalping is a good choice for those who hate waiting for a trade to close. Positions are generally held for a very brief timeframe, and that allows for a lower chance of reversals to harm your trading position.
It is important to have an exit strategy set up before trying to scalp, as it would only take one large loss to eliminate an entire day’s positive profits.
Utilizing a one-minute chart will give the trader a better idea of what trades to make and which to shy away from.