[00:01] financial markets and getting results in minutes, even seconds. Imagine results in minutes, even seconds. Imagine and only needing to spend a few minutes a day on the screen
[00:14] called scalping, and I'm going to share a winning strategy with you so you can make This strategy is all you need to make need to make scalping profitable. Let's see,
[00:32] requires very few tools to implement. The first tool is the time zone. Go to the indicators section and type " Timone." When you search for "Timone," choose the
[00:45] first option. Then, go to the Settings." Set the time zone to 7 to 12. That's from 7 a.m. to noon, which is 5 hours. This doesn't mean you have to be trading for those 5 hours,
[01:00] but it's during those 5 hours that I apply the strategy, and that's where it works. Once you have that time zone, remember to set it here...  The bottom right shows the New York time zone because all the times I give you are
[01:13] 're in Lima, Bogotá, or anywhere else, you have to set the time to New York for it to work. Notice that it has to be the New York chart. Secondly, you can trade it
[01:28] metals, indices, whatever you want. I personally use it in forex and Eurodex. You need a very know much because the only tools you'll be using
[01:42] are support and resistance levels at a specific time. Support and resistance are specific points where the price has touched several times, and each time it touches them again, two things can happen: either it pulls back and reacts,
[01:55] or it moves strongly and uses it in the opposite direction. Support and resistance will scalping strategy. If you don't want to complicate things too much and want to keep it simple, this is a strategy that can work for you. Once you start using support
[02:09] and resistance, you need to know how to open the...  The operation and knowing when to buy or follows: you'll see that the time between 7 and 12 is completely shaded thanks to this indicator we've added, and you'll look for points
[02:23] where the price has touched at least twice. For example, let's see it little bit of a sweep. In this area, the price touched once and twice. So what I do is take the lines tool and extend it
[02:37] completely over that area, and when the price touches it again, that's where I'm going to look for my scalping trade. And what am I going to do? If the price reaches this area with a lot of force, it means that
[02:51] the next step will likely be to trade it and use it on the opposite side. But if the price arrives gently, like it did here, with very small candles and not much reaction, what might happen is that it will
[03:03] reach it, and even if it only moves slightly, you'll go to the opposite side. What are you going to do after you have that specific point? Once the price reaches it, you're going to analyze how the candles are forming, and we see that they are small candles, indicating that it's
[03:15] having trouble breaking through. resistance at the top. If the candlesticks are very small, it's possible the price will reject that resistance. You 'll place a sell order at that
[03:30] and the direction they're moving. You'll set a stop loss of 6 pips and a take profit of 6 pips, between 6 and 12. Generally, I
[03:43] recommend taking one trade at a time with this strategy because the goal is for it to be short-lived. One trade at a time, with a 1% risk for a 1% profit, and the objective is to win more than you
[03:56] lose for it to be a profitable strategy. The stop loss and take profit are 6 pips, one at a time, and you take the trade. It all depends on the size of the candlesticks. This would be the first trade. Let's analyze another
[04:09] support or resistance point, and it will be very easy. Look, here we have a support point. We see that the price reaches it. Now let's look at and analyze the size of the candlesticks that follow. We're going to extend
[04:21] the line.  Notice that here it's completely different from what we saw above. Here, the candles crossed that line strongly. So that tells me it broke that support. If it broke that support, now it's going to use it on the
[04:35] opposite side. And what am I going to do when it reaches the opposite side? I'm going to do the same thing and analyze the size of the candles. And see for yourself: when it reached that resistance point, we have a green candle, but then a
[04:48] much larger red candle, making me understand that it's rejecting that point. What are you going to do? You're going to place a sell order at this point, a stop loss sell order at this point, a stop loss of 6 pips and a take profit of 6
[05:02] of 6 pips and a take profit of 6 pips, specifically like that. And it was fulfilled in the same way, both parts. The objective would be to identify the resistance and support points. That's going to be the most important part. If you
[05:14] identify them correctly, everything will be easy. And it's doing the same thing several times. You'll see that in this time frame, between 7 and 12, this happens very often, the number of trades you take. You can't take 15 or
[05:28] 20 trades. I recommend a maximum of  Five trades, whether winning or losing, for the day. If you've taken your five trades before 8 AM, you leave and don't return until the next day. This set of rules is what will determine whether
[05:41] strategy is profitable. Let's look at other examples. Look at this example here. We see this point that touched once, touched again, and now we set our resistance. We observe the following: when it passes or
[05:56] arrives, it doesn't start creating many small candles, but rather it passes strongly and moves to the other side. Now it's using it on the opposite side. When it candlestick reactions are. We see this red candle, then this green one, and then this green one,
[06:11] is indicating that it's rejecting this support. So we take our entry, we set a stop loss of 6 pips, which would be around here, and we take our entry after profit also of 6 pips, which would be approximately around here. It would be
[06:28] exactly the same. It doesn't mean that because the maximum number of trades per day is five, you have to take five trades every day. That's not what it careful with the number of trades you take, and above all, don't let it go over
[06:41] five. It can be less than five, but never more than five. Let's look at another trade a little later, at the end of the session. We can even see that this resistance level that we marked from the beginning has arrived again. And we can
[06:54] do exactly the same thing again. Notice it arrived and started creating strong candles. When we see this creation of strong candles and see that it's can place our entry at these points, which will be the specific points
[07:08] where it's creating these strong candles. We place a stop loss of 6 pips, we place a take profit of 6 pips, it would be here. And we see how we perfectly have another one-to-one trade, and each of these candles is one
[07:23] minute long because the timeframe we're going to use is only one minute. You're not going to use three, five, or ten, nothing, just the one-minute timeframe. This strategy, being scalping, will only be in one minute. And what are
[07:35] trade close, you're going to continue looking for support and resistance at this point. Notice it arrived, it passed strongly, it touched once, it touched again, so here  We because here it also touched. We also have a resistance point. What do we do? We see
[07:51] that there is a lot of indecision to pass it. We don't see strong candles like at this point here where it reached and was rejected with strong candles, but rather small candles, and we are going to take our trade at that point. Around that point, we take our
[08:04] Take Profit of approximately 6 pips pips. Also, notice that each of these trades is exactly the same, and
[08:17] if you follow the rules, every time a support or resistance level is reached and you take a trade, one by one, it will be exactly the same. It is a very simple strategy; you don't any institutional trading experience, just
[08:31] super basic trading. And with this basic trading of support and resistance levels, marking it at a specific time, the most important thing is trading plan indicates, according to the trading plan that I made, that it is a 1%
[08:45] risk per trade, a maximum of five trades per day, the timeframe will be the one-minute timeframe, and each support and resistance level needs a minimum of two touches.  Each day you'll see that you'll find many
[08:58] entries like this, but the goal is to control yourself and not take more than five, and only take them during this time frame. This time frame is precisely from 7 to 12 because it's lot of volatility and the market moves very strongly. Notice that before
[09:12] this time there aren't as many movements as here. Here we have more moves more up and down. Unlike this time frame, where we do have larger, stronger, and bigger movements, this time frame
[09:25] is ideal for me to apply this scalping strategy. But remember that the important thing is to control yourself when it comes to the number of the decisions you make at that moment. If we go back a little further,
[09:39] we can find exactly the same thing different times, and this will be a visual exercise for you because after this video ends, you have to go everything I'm telling you works every day. Look, here we have two points.
[09:53] When the third point appears, we see the reaction, and it's important to notice that... The candles are small, but here we have a resistance point. The candles are large, and it uses it strongly and passes through it. Now, when it's going to
[10:06] indecision. That indicates to me that this indecision is possibly a rejection, and I end up taking my trade. The same thing happens here. We have two specific points. We see this possible indecision, and it goes down a little. Two days in which
[10:20] you'll take losses will be days when you were confused because you didn't mark the support or resistance levels correctly, or days when you simply marked them correctly and simply lost. But to make the numbers work and get
[10:32] strategy, you're going to have to win more than you lose. That's why you have to trades you take. I'm going to get the calculator to give you a quick calculation of how many trades you could take per week and how many you could lose or
[10:46] how many you could win. If you take three trades a day, every day of the week, which would be five days, that would be 15 trades a week. In a month, multiplied by four weeks, that would be 60 trades. If out of those 60 trades you  If
[11:01] you lose 15 and win 45, you'll be positive in your account. But if you positive in your account. But if you lose 45 and win 15 in those trades, you'll be negative. That's why you have to make sure you follow the rules 100%,
[11:14] statistics will indicate your probability of maintaining a profitable strategy. This seems very simple; the difficult part is controlling the number of trades you take,
[11:27] and that's where everyone fails. They see too many trades, and daily trades, they end up taking more losing money because, in the end, the numbers aren't enough to
[11:40] support this strategy. It's a simple strategy: follow the rules, and you'll see how well you do. enough for you to make money in the markets. I used it, and at the time, it worked incredibly well for me. And that's all for this video. If you don't know
[11:53] basics and learn how to analyze a chart, here's a video for you. But if you want an advanced strategy like the one I use every day, here...  I'll leave you with my strategy. See you in the next video. Bye bye!