Profitable Scalping Strategy in 10 Minutes

[00:01] simple and effective scalping strategy because of the live competition. As a bonus, I'm also going to give you an asset that isn't commonly traded in CFDs, but I'm loving it because of the movements it makes, which align perfectly with

[00:15] strategy four. Let's begin. [music]

[00:31] clean mind. That way I can learn without getting distracted. Remove any indicators that might cause you visual discomfort; this will ensure you have the best possible learning experience. Step number two, you're going to come to indicators and look for

[00:45] NAS 100, which is the NASDAQ, but in CFD. You can also trade it in futures. I'm going to select the one that says Pepperstone. Then I'll be able to trade it with my broker, which is Paperstone. I don't

[00:57] recommend it. I do not recommend any particular broker. I'm just going to tell you that you can use whichever one you want as long as you make sure it's a regulated broker. Use brokers with the strictest regulations.

[01:09] the strictest regulations. Normally these SN brokers, Electronic Communication Networks, are the ones that work well, with virtually no latency. So do your research before using one. Don't use those that

[01:21] advertise everywhere. They are usually the market makers and they are the worst, with little regulation. Step number two, come to indicators and look for Time Zone. Okay, this strip will appear there . I'll click the settings wheel here

[01:35] . I'll click the settings wheel here and set it from 9:30 to 12, which is the time when this asset performs best. You can set it in the color you like best. Step number three, you come to indicators, you look for

[01:49] an indicator called RSI, relative strength index, it will appear down here . And step number four, you're going to come to indicators and look for UT space bot and there you'll see the first UTbot alerts. You click on it and it will appear like this

[02:05] . Heads up, I'm going to give you a special tip about a configuration I made to this bot to make it work better. The configuration is as follows. Write it down. Come here where the indicator is, turn on the

[02:19] settings wheel and in data input, in K value, change it to two. and 10. You leave this at 10, this at two. Accept and that's it. Let's begin with the operation. When the trading session begins, it is forbidden to enter trades

[02:34] at 9:30 New York time because that is when the NASDAQ futures market starts to move and you will always see very strong movements that will blow your account. The Nasdaq does strong manipulations, so no,

[02:48] but at least in the first 5 minutes. There I can see that four minutes have passed and there I go to minute number five. I see that it changes color to sell and every time a candle closes it has to close. Here you have a

[03:02] second counter. When you see that the candle has closed and the next one is opening, that's when you can enter a trade. In this case, I'm putting a sale there. When am I going to post another entry? When the next candle closes below the previous candle, it has to

[03:16] below the previous candle, it has to close below it. If it just leaves a wick, it's no good to me. This is manipulation. I need breaks with body. Let's see what happens here. And you're going to answer me mentally. It closes with a

[03:31] body below the previous candle. 3 2 1. No, it does not close with a body below simply leaves a wick. So, I'll wait for the next candle to see what it does. This one does close with a body below the

[03:47] previous one. I can add another entry there. How much am I putting in the tickets? How much am I putting in the tickets? The minimum lot size on the Nasdaq is 0.1. This strategy is operable with accounts of $300, $400 and up. So,

[04:03] I use the minimum lot size because here you can't use 0.01 like with gold, here it 's 0.1 and up. When I make another entry, when the price confirms that it is indeed going in the direction

[04:17] I want, in this case bearish, it closes with a body below the previous one. I'll add another entry, I'll wait. There I only have wicks and another candle makes the same movement. How long am I going to maintain my sales? Until the price

[04:32] on the RSI reaches overbought levels. If I'm in buying or overselling, in this case I'm in selling. It's almost there, it just needs a little more time. Then I can maintain my sales. Let's see what happens. The price is pulling back, and

[04:48] if it pushes a little further, then I would close. Look, at that point I can close my operations now because it has officially reached its peak. So, this is the profit I get on a trade by scalping

[05:02] with this simple and effective strategy, if you understand the basics of how it works. And the basis is very simple. We need to trade assets that make constant distributions, whether bullish or bearish. This is a

[05:16] bullish distribution, this is a bearish distribution. Both are useful to me when I'm in danger of burning through the account, when the price enters something we call a range or sideways movement, changing and changing color. It does not distribute forcefully in any

[05:32] direction, but is lateral. This is why I'm loving the Nasdaq. See how things moved on Thursday, June 4th. Beautiful upward movement. Look at Tuesday, June 2nd. Look what this

[05:46] day was like. It's crazy. I want you to analyze it yourself in your graph afterwards. It is an asset that has a strong tendency to make strong distributions, and that's what suits us. If you take these distributions, you're on the right track.

[05:59] Let's look at this last example. I do not operate during the first 5 minutes of the first 5 minutes of login. Several minutes had already passed. to purchase. I place my first trade on a buy order. I'm going to the next

[06:13] candle. Bankruptcy. So I'm placing my next order. Nothing's happening here. When we have more capital, I usually make another entry here on the pullback, and that's because I can afford for the price to change color. There's another purchase, and we're

[06:26] tracking the price throughout the entire process. In fact, at this point it reached overbought, so I'm taking profits and waiting for the next color change. And it's a good thing I closed in overbought conditions because thanks to my indicator I made a profit by closing here,

[06:40] because with this drop I was going to break even or end up with a loss. I start putting in sales and every time it closes below the previous candle, no, in fact it goes the opposite. So, I can make an entry here in the

[06:52] opposite direction, one in the opposite direction, to see if it goes in my favor, I have three color, I close with a small loss there and I start buying again every time the price closes one candle above the other. Look, she

[07:06] 's closing them all with body. It's starting to threaten to change color. I'll stay put real change. Start going in the same direction again. Get past the zone. I put another one in there

[07:18] where it breaks. Close above the previous one. Perfect. I'll put another one in. Close above the previous one. Close above the previous one. And as I observe, it has now reached the point of overbuying. So, I'm profitable again. I

[07:31] take my winnings here and leave. If in a session you already have two or three movements that you catch quite well, I would recommend withdrawing because it is a range and in the end you will end up losing everything you gained. I trade this

[07:45] strategy live with $2,000. I want you to look at these fragments. 15 minutes this movement will continue. Every candle that closes below the previous one, I repeat, Let me close this. Traders are approaching overbought conditions here, so

[07:59] we're going to close it right away. Look, in 15 minutes it's just a pullback to the continue to fall afterwards. Therefore, the purchase could be dangerous. So I'll close it there. I close it there and I'm stuck at 2122. And this 15-minute candle is closing very well

[08:14] beautiful. Traders. Very good, very good, very good. Perfect. I'm about to retire from the market. There it is. Look at the tickets there. We're going to close now.

[08:28] How lovely the Nasdaq is, beautiful asset, excellent day, excellent movement. Therefore, I invite you to join us; it's very simple. Here in the description of this video, I've included a link that says, "Access Night Core,

[08:40] only be live with us, but you'll also have access to exclusive monthly content that I don't share anywhere else. You'll have online support; if you have any questions or concerns, you can get them answered, and you'll gain a

[08:52] use. In a 10-minute video, I can only explain the basics. To wrap up, three important points. First, I like to be realistic, and I believe we're all adults here. We know that in investing, you should

[09:05] only invest money you're prepared to lose. any strategy, but if you sit down and analyze everything I've shown you in detail , this strategy has a positive expected value. It's

[09:18] profitable if you execute everything perfectly, especially by learning to identify sideways movements, because that's what drains your money. Once the price breaks out of the sideways zone and you catch the distribution, you're in profit. As you

[09:31] 've seen, it's a strategy." where we don't use stop-loss orders. I know that blows a lot of other profitable trading methods . When the price changes color, we close the position; we don't trade within ranges, which is where you lose the most. And when I'm in

[09:44] profit, overbought, or oversold, I take profits. So, realistically, please do this in a demo account first, at least 10 demo accounts, double them, and then think about trading with real money. Regarding leverage,

[09:56] 1000x leverage right away. You have to request it. You write to support, fill out their form so they understand that you understand the risks, and they'll in Spain, they say Axi works very well; it's a matter of trying it out,

[10:10] Finally, CFDs or futures work with either platform . This is a personal choice. I hope you're still curious because I know the video might be a bit short. It's difficult to fit so much information into just one. 10 minutes. I've

[10:24] given you the basics. We have more setups to identify lateral movements, better leverage distributions, and we work on all of this live. If you want to learn more about this topic, delve deeper, join

[10:36] description to access and become part of this wonderful self- become part of this wonderful self- funded project.