One-Candle Scalping Strategy — Step-by-Step Guide & Transcript

[00:04] just one candlestick in scalping trading, consistently generates profits for me daily. It's such an easy trading mechanism that even beginners can apply it. After watching this video, I'll present the complete strategy, showcasing

[00:20] documented results from live trading, along with previous test results on multiple platforms. I'll then display all the live examples of my trades. I don't guarantee results from this strategy, but I believe in its effectiveness, and I think my

[00:33] 16 years of experience in trading can help you on your journey to becoming a profitable trader. Click the like button and subscribe to the channel, and let's begin. These are the results on a new live trading account using this very simple strategy

[00:48] for quick trading. Although the sample size is limited, the return achieved here is quite impressive. Just three trading days, all in green, and this is on the same verified live account, as you can see on the MayEx Book. If we scroll down, I can show you each

[01:01] of these live trades, which... I'll show it later in the video, but it's important to clarify that this isn't a get-rich- quick scheme. These are my personal results, the product of 16 years of experience and the ability to simplify my trading style

[01:16] to achieve long-term success in the markets. Now I want to help you do the same. Let's start with the strategy. Everything begins with just one candle, very simply. This is the first four-hour candle of the day, starting at 1:00 AM. This candle drops, then rises,

[01:33] and finally closes at 5:00 AM. So, whenever you wake up, whether at 6:00, 7:00, 8:00, or 9:00 AM, you can identify the upper limit at the wick of the top candle and the lower limit at the wick of the bottom candle. This area becomes

[01:48] our trading range. Then we move to the five- minute timeframe if you're using the TradingView platform. Now, go to the bottom right and make sure the time zone is set to UTNA/New York to match mine exactly. I also want to clarify that this strategy works on

[02:03] Forex and cryptocurrencies. Indicators and gold: I use them on everything. When we move to the five-minute timeframe, we start by looking at the first stage, accumulation, where the price trades within a narrow range. Then comes the second stage, manipulation, where the

[02:19] price breaks through this range to deceive most traders and draw liquidity. After that, the market enters the distribution stage, where the price returns to within the range and then expands in the correct direction to continue and achieve the profit target. This scenario applies to

[02:35] buy and sell trades in the same sequence: first, accumulation; second, manipulation; then a return to the range; ending with the distribution stage, where the price continues in its

[02:47] distribution stage, where the price continues in its natural direction, achieving the profit target. When we move to the charts, we first notice that we are on the four-hour timeframe, specifically from the candle that spans from 1:00 AM to 5:00 AM. We simply identify the

[03:02] candle's high and low, regardless of when we wake up, to be the basic trading range upon which we will build the rest of the strategic steps.

[03:14] After that, we move to the five-minute timeframe. On this timeframe, we notice that the price was in the accumulation stage, and this timeframe, we notice that the price was in the accumulation stage, and when the price breaks out of the defined range. This represents market manipulation,

[03:31] where liquidity is taken and traders are deceived. We simply wait for the price to close back within the range. Once this happens, we enter a buy order at the close of the candle, placing a stop-

[03:43] loss order directly below it. You can set a profit target of 2%, target the fair value gap (as seen here), or even target the range value, depending on your target the range value, depending on your confidence in the trade.

[04:00] After entering, you'll notice the price eventually rising to reach the profit target. Now, after achieving the target, you might notice the candles starting to break out of the range, restarting the manipulation phase. However, I only trade these opportunities if at least three or

[04:13] four manipulating candles appear above or below the range. Even if you had entered a buy order here, you could have achieved a one-to-one profit. Let's continue monitoring the movement to see if there's another opportunity. Here, we observe the candles starting to break out of the

[04:29] defined area, and we have... With at least three clear candles already visible, I feel more confident about this opportunity. So let's see if the price will return to the range with a candle. We did get an entry candle here, and I would have entered a buy trade on that specific candle,

[04:46] placing my stop-loss directly below the last wick. The target could be set at 2% or at the top of the range. As we followed the movement, we saw that the price reached the profit target very quickly.

[05:04] You might be thinking, "This is very simple, and that's good. Your trading strategy should be simple." If we look at my previous test data, you'll see that I tested this strategy on more than 111 recent trades and achieved a success rate of 68.47%. Of course,

[05:20] I used my experience and good judgment in executing these trades. Let me show you some previous test examples on Forex and gold, and then we'll move on to live trades. Now, let's start with some previous gold tests. Everyone knows I love trading gold, and yesterday I achieved two

[05:35] big wins in my VIP room. With gold, but this opportunity is slightly different. Let's see if we can identify the range. We observe the four-hour candle here and wait for it to close. Once it

[05:47] closes, we identify the candle's high and low. You can do this at any time you wake up in the morning, regardless of the hour. To clarify, this is the first four-hour candle of the day, but in the case of gold, the candle starts at 2:00 AM instead

[06:02] candle starts at 2:00 AM instead of 1:00 AM and closes at 6:00 AM. After that, we move to the five-minute timeframe. What is the first stage here? It's the accumulation stage, where the price gathers within a narrow range. We wait to see if we get a manipulation stage, i.e., if

[06:17] the price breaks out from the top or bottom of the range. Indeed, we get a manipulation here, which is known as a deception. Then a nice red candle appears, returning to the range. At this point, we enter a short position on

[06:29] this candle, placing the stop loss directly above the wick. We can target this resistance area, which was previously used as support, or we can target directly below the range here, identifying this resistance level as the target for the trade. And indeed, we continue

[06:46] The movement shows the price easily reaching the profit target. Now, let's continue. The price corrects its upward movement Now, let's continue. The price corrects its upward movement again, passing through the accumulation phase, and then returning to the manipulation phase. You can see here that the price has broken out from the

[07:00] top. Will it return to our range and give us another trading opportunity? Let's see if we can get a new trading opportunity as the price approaches our range. Here, we see significant manipulation at the top, and we enter the trade as soon as the price returns to the range again. We place the stop loss above

[07:17] this tail. This might not be the best risk-to-reward ratio, as you could target the same level below it or perhaps the fair value gap present here. However, we want the risk-to-reward ratio to be better than 1:6, so we will target the

[07:32] level directly below the range. The price has reached this level before, and it can certainly reach it again. Thus, the price moves in our direction, easily reaching the profit target and pushing the price down further. A very impressive move. Now, I will show one or two

[07:46] more Forex examples, and then I will move on to live trades, showing some additional combinations I use to raise the price. The winning percentage is higher using the simple and foolish scalping strategy based on a single candle. Okay, we're here on the EUR/

[08:01] USD pair. We're just waiting for the candle to close; that's all we need. This is the big four-hour candle this time, and it's just closed. As you can see, it's the 1 AM candle, from 1 AM to 5 AM.

[08:16] So, whether you wake up at 5 AM, 6 AM, or 9 AM doesn't matter. Just mark the upper and lower limits of the range. Then, move to the five-minute timeframe. The first stage is the accumulation phase, and then we look for the manipulation phase. Here, we find the price has broken out of the range and

[08:33] manipulation phase. Here, we find the price has broken out of the range and is manipulating and deceiving traders. All we want now is for the price to return to the range. At that point, I'll target around 2%. You can also target the fair value gap here, as the price likes to return to

[08:49] fair value gaps. We continue the trade, and you'll notice it's a very good trade. The price has reached the We continue the trade, and you'll notice it's a very good trade. The price has reached the

[09:01] profit target perfectly. This is a very good profit. As you can see, we now see the price breaking out of the range here, but overall... I like to see a few candles before entering the next trade, so I didn't take that trade. Then the price broke out of the

[09:14] range again for several candles, so I didn't take that trade either. I think that's all the trades we made today. I know the main reason you're here is to watch my live scalping trades to see exactly how I achieved these results and get the

[09:28] extra simple confluences I use to feel confident in each trade. But before I show you these live trades, if you're looking for a trading platform, I recommend Triple EFX. I'm currently using them; the spreads are low, and the currency pairs are

[09:43] also low. It's simply my preferred platform. The link is in the video description, and registration is completely free. Now, let's start with the live trades. Okay, let's move directly to the first live trade on the AUD/CHF pair. I watch the four-hour candle and wake up

[09:58] around 6:00 AM. I identify the high and low of the range, then switch to the five-minute timeframe. Here we see the first stage: accumulation. We were waiting for the second phase of

[10:11] the manipulation. As you can see, the price finally started to rise, breaking out of the upper range. This was the manipulation we were expecting. Then it returned and entered the lower range. That's when I entered a

[10:23] short position at this level. If you look to your left, there was a fair value gap on this candlestick, meaning that neither candlestick filled the area nor did this one fill it, creating a the area nor did this one fill it, creating a

[10:40] This is the level I decided to target in this trade, placing my stop-loss order just above the wick here. In addition, I used an extra alignment factor: a trend line drawn from this wick. When the line was broken, I felt very confident about this

[10:56] trade. The price moved in my direction, retreating slightly before finally reaching the before finally reaching the fair value gap and successfully achieving my profit target. Let's move quickly to the second snake trade, and I will show you how this trade failed. It didn't go

[11:10] as I expected. As you can see, we had an accumulation phase here, then a manipulation phase there, and then the price returned to the range. The trend line I had drawn broke, and I felt very confident about this trade.

[11:22] Unfortunately, the price moved against me, and the stop-loss was triggered. However, if I move the official chart a little and play the scenario further, you'll see that I could actually have

[11:34] loss was a bit too tight; if it wasn't more than 3.8 pips, perhaps we should have placed it at around five pips. Of course, not every trade will win, but it's useful to use every trade will win, but it's useful to use additional converging factors to increase the chances of winning trades,

[11:48] whether it's trend lines, analysis, or higher timeframes. Let me show you this in the next trade. I switched to the Australian dollar against the Japanese yen. We look at the four- against the Japanese yen. We look at the four- hour chart here and see a large downward movement.

[12:01] Around 6:00 AM, I identify the upper end of the range here and the lower end here. This is the trading range for the day. Then we move to the five-minute chart. I remember this trade very well.

[12:13] Here, we saw the accumulation phase followed by this large drop. Therefore, I was very keen to enter long positions because I felt there was a real drain on the price. This downward movement

[12:25] at this stage, I was waiting for the manipulation phase, but it didn't appear here yet. Instead, we got a kind of partial rejection of the price. I didn't really feel that this was the manipulation phase either, so I waited a little before entering this phase. I felt good confidence towards the trade as an additional alignment factor.

[12:43] I was using a trend line here and wanted to see the trend line break before entering the trade. Of course, I could have entered directly when the price returned to the range, and perhaps it would have been an excellent trade, but in live trading, it is better to have an additional reason to enter

[12:58] the trade. After I narrowed the trend line a little, you noticed that we After I narrowed the trend line a little, you noticed that we broke the trend line,

[13:11] to enter a long buy trade with a stop loss below these candles here. I targeted this loss below these candles here. I targeted this area here at about 18.4 pips, and the stop loss was a little tight, which gave a risk-to-reward ratio close to 2%.

[13:26] After the manipulation phase, what is the next phase? The distribution felt very confident about this trade. The price moved within the range for a while and almost reached the profit target early, then it reversed, and we used this level as support again. How long did it take for this trade to reach the profit target?

[13:42] Here it finally moves and successfully reaches the profit target. The risk-to-reward ratio was about 1:2, and it was a very strong trade. Notice that the upper limit of the range was much higher, and we wouldn't have reached it otherwise. Regarding my last trade, the fourth trade is my best. This time, it started on the

[13:58] daily timeframe. You can see that we have a strong resistance level here, very clear. We used this strong resistance level here, very clear. We used this area as support. Here, resistance, resistance,

[14:13] the price to reach the resistance and then fall again. So what do I do on the four-hour timeframe? on the four-hour timeframe? I watch the candle open and wait for it close. I watch the candle open and wait for it close. This gives me the upper and lower limits of the trading range.

[14:26] After that, we move to the five-minute timeframe. The large blue box here represents the resistance of the daily timeframe. I will remove it now, but just so you know, it's there. And now we have the accumulation phase, right? We are waiting for the manipulation phase to appear, and look, it appears here. The manipulation phase:

[14:43] The price broke out of the upper range here, and we wanted it to return to the range to give us a trading opportunity. to return to the range to give us a trading opportunity. deceiving all those novice traders. After that, I started looking for a

[15:00] short position here. Remember, we have the daily resistance exactly as it is here, so we felt very confident about the short positions. This trade entered just outside the range, and I placed the stop loss above the one outside the range, and I placed the stop loss above the one here.

[15:18] drawn almost from this wick here. It wasn't perfect, but it showed one candle, then perfect, but it showed one candle, then another, then a breakout here. This breakout coincided with the distribution phase, and that's when I entered the trade. Look at this trade; it

[15:33] reached the profit target, and the price continued to fall further. It was the best trade of the week on the further. It was the best trade of the week on the USD/JPY pair, achieving more than $11,000. If you have any questions about the strategy, leave a comment now. Click the

[15:46] like button and subscribe to the channel. You can join the VIP trading room or the free trading room. The links are in the video description. Definitely watch this video here All my love. [Music]