The Most Dangerous Scalping Strategy for Cryptocurrency

[00:03] going to give you the most dangerous scalping strategy ever. Keep working, get under pressure, and persevere. Stay with me until the end to benefit. And of course, if the channel's content is helpful and you're enjoying it, support me with a like and subscribe to the channel. Welcome, my friends!

[00:15] helpful and you're enjoying it, support me with a like and subscribe to the channel. Welcome, my friends! simplify things for you as much as possible. I'll teach you the scalping strategy and give you the most important tools to succeed in this field. But remember,

[00:28] this is the most dangerous strategy, and don't try it unless you're ready to work. It's very important to remember this. Scalping is a scalping strategy where you build your strategy on the idea that you'll profit from numerous and frequent trades. We're talking about tens and hundreds of

[00:44] frequent trades. We're talking about tens and hundreds of trades every day. So, and this is the first thing trades every day. So, and this is the first thing for you, you won't win 1%, 2%, 3%, or 4% on every trade. No, the targets here are 0.2% and 0.3% on every trade. It's

[00:58] 0.2% and 0.3% on every trade. It's very important to remember this to avoid greed. Secondly... Here's the most dangerous strategy in the market because you're working on a small timeframe. We're talking about a timeframe of minutes, just a few minutes. Things move completely differently

[01:14] compared to larger timeframes and to fundamental analysis and the things we usually do. There are some things you can do to reduce the risk. For five years in a row, I've been trading, and I've always done the same thing and used the same strategy. I never

[01:29] enter a trade outside of this framework unless I'm already invested in the same currency. So, for example, I only trade Bitcoin and Ethereum. Why? Because I'm already invested in these currencies. You'll see that many trades fail. I don't sell at a loss; I don't have a stop-loss.

[01:45] I take the trade and put it in my investment portfolio until it recovers and grows, or I convert the trade from scalping to swing trading, then to a longer-term trade. That's the secret: my composure. That

[01:57] 's the secret to my success in trading because, practically speaking, I'm going crazy from the pressure caused by losses and failures. The last thing you're talking about is the numerous and frequent trades. Therefore, it's

[02:09] numerous and frequent trades. Therefore, it's very important to consider the commission factor. You shouldn't go to a platform with high commissions and lose money solely on commissions, because we're talking about percentages, which are very small profits. That's why I personally use the

[02:22] Crypto.com platform, and I always use it for trading because the commission is very low. Everyone who registers through Crypto.com will get a 20% commission discount; they'll only pay

[02:34] get a 20% commission discount; they'll only pay 0.06% commission on their trades. Some people might say, "No, Crypto.com is expensive," and I know what. If you're paying a high commission, you're on the wrong platform. Crypto.com has an exchange and an app. We're only talking about the exchange here.

[02:47] has an exchange and an app. We're only talking about the exchange here. see, here are some things you need to know. The first and most important thing to do to succeed is to prepare the chart. Go to the left of the candlestick and change it from regular candlesticks to Heineken candlesticks. It's very

[03:04] important to change the strategy. The Heineken candlestick is slightly different from a regular candlestick Heineken candlestick is slightly different from a regular candlestick because it always shows an average of two candlesticks instead of one, giving a better view of the trend we're in. You'll see that with this

[03:19] strategy, we work a lot with trends, and we work with uptrends in this strategy to benefit. The Heineken candlestick is the best candlestick to use for this strategy. Then, go to the Indicators section and

[03:33] Then, go to the Indicators section and add an AMI (Ascending Moving Average). Go to the settings and change a few things. First, change it to an AMI of 200. Then, set a good color, like yellow. Second, the timeframe will be five minutes. In this case, we

[03:50] work with the shortest possible timeframes to get the best results. In my experience, trades shorter than five minutes failed quickly. Very close to five trades, with slow movements, the scalping transitions

[04:03] to swing trading. Therefore, the five-minute timeframe was the best strategy for me on Bitcoin and Ethereum. Then I add the RSI; the RSI is very important for this strategy. We also add the MACD and the Bollinger Bands. All of them go here to the indicator;

[04:18] also add the MACD and the Bollinger Bands. All of them go here to the indicator; you put the RSI, for example, the MACD, and the Bollinger Bands. They are all here in the decoration, and you add them to the timeframe. I will the decoration, and you add them to the timeframe. I will tell you exactly how each indicator helps you. Let's

[04:31] start with the other moving average, the 200-candle chart. Usually, in all markets, when prices are below the average of the last 200 candles, the market is in a downtrend, and when prices rise above the average of

[04:44] the last 200 candles, the trend is upward. This happens every time. You see, when we go every time. You see, when we go below the average, we enter a downtrend, and when we go above the average, we are in an uptrend. Then we go to the RSI. We put the RSI here. The

[05:00] RSI tells us whether the market is overheated or cool. When you see, for example, the RSI around 20, you know the market is starting to cool down and there will be a price reversal very soon. When you see the RSI rising above 70, you know the market is overheated and you need to take your profit. You need to close the

[05:15] trades you're currently holding. You'll often see that the market isn't clear-cut; it might be overheated for a long time. For example, don't rush into trades; you need to be patient. It's perfectly normal to

[05:27] trades; you need to be patient. It's perfectly normal to find yourself in a situation where you can't open trades. There's no need to force trades when the market is overheated. For example, based on the trades when the market is overheated. For example, based on the current prices, I'm not opening

[05:41] any scalping trades because the market is very overheated. Here, the MACD can help us, for example, to make better decisions. The MACD gives us some averages that increase the success rate of our trades. For example, look at this correction we saw

[05:56] here; we saw a decline that continues. We were at this point; here the RSI was cool, but if We look at the MACD. The MACD hasn't finished its downward trend yet after the high-intensity wave. downward trend yet after the high-intensity wave. Therefore, at this moment, I didn't enter a trade at these

[06:11] points. I only entered a trade when I saw the golden crossover on the MACD. So, when you see it here, below the golden crossover on the MACD, look for the small moving average to rise above the large moving average. That's the entry point. We were at the prices here, so the RSI and

[06:26] MACD work hand in hand. Use both together to increase your trade success rate. After we've set up the RSI, MACD, and the moving average for the last 200 candles, we open the Bollinger Bands. What do the Bollinger Bands tell us? For example, you open the chart this morning and want to see if

[06:42] the market is preparing for a big move. You look at the Bollinger Bands and see that they are very, very narrow. This means that the market is preparing for a big move. We don't know if the move will be up or down; this all depends on the other indicators I mentioned. When you see the Bollinger Bands are large and wide,

[06:59] mentioned. When you see the Bollinger Bands are large and wide, it gives a slight chance of renewed activity before we see a

[07:11] example, with the current prices, this isn't the right time to enter trades. You need to wait until things cool down and the Bollinger Bands narrow again before we can say there's movement in the markets. So, given the

[07:25] current situation, what I'm asking is, how do I prepare for the next trade? As I mentioned, I look at the RSI. The RSI is still strong, so for me, the first thing that tells me to exit is not to enter the

[07:39] market. Second, I look at the MACD. I see the MACD preparing for a pattern called a death cross, which occurs when the smaller moving average falls below the larger moving average. This is called a death cross, and in this situation, it's holding this pattern, which will pull prices down. Third, as

[07:55] you can see, the price is very far from the average of the last 200 candles, and we're talking about... The small hangers were only a few minutes apart, so the price moved away significantly. This wasn't a suitable entry point for me. We woke up at

[08:07] 8 AM, opened the chart, and saw the situation. At this point, the RSI was still strong, and the MACT was still unresponsive. The minutes had advanced, and we saw a death cross, a

[08:27] Seeing the golden cross was the first entry point. To calculate it, go to the left and select "Long Position." Start from the candle you entered on. If you're using a stop loss, place a plus sign, which is two candles higher than the candle you're currently trading

[08:43] on. The profit will be based on the risk-reward ratio, which risk-reward ratio, which is approximately 0.3%. This was a trade we held and exited. After exiting this trade, we waited. We saw the RSI drop

[08:59] below 50, and things started to cool down more and more. But at this moment, as you can see, the MACD had n't yet formed a golden crossover, so I refrained from opening any trades. We continued throughout the day; the RSI kept cooling down more and more, and the MACD still hadn't

[09:15] formed a golden crossover, so I refrained from entering any trades, even though we saw some minor rebounds. We reached this point, and the same thing happened until we reached the lowest point where the MACD formed a golden crossover, and I opened a trade here, below this

[09:31] candle where the golden crossover occurred. The stop loss is also higher, meaning it's twice the candle I'm currently trading on, and the profit margin is two. As you can

[09:43] is two. As you can see, this time the profit is 0.5%, not 0.3%. It's a larger profit because we're talking about a different market situation compared to the beginning of the day. And here, in this candle, the trade was executed at this moment. We have a cumulative profit of 0.8%

[09:59] for the day we're currently trading. I'm checking here to see what's I'm checking here to see what's happening. As you can see, the MACD hasn't responded yet; it's still in a wave that's expanding. It has n't made a death cross yet. At this point, it made a death

[10:14] cross below, so we refrained from entering the market. At this moment, we saw it make a golden cross, and the RSI was at 50. The RSI was still moving averages, which gave us the opportunity to open an additional opportunity and place another trade. So, on this candle, we made an additional line. The same thing happened with the

[10:30] stop loss, which is double the upper limit of the candle we're currently trading. We took the profit at a profit at a two-fold risk-reward ratio. As you can see, at this moment, we closed the trade, and we still had a profit of approximately

[10:46] the trade, and we still had a profit of approximately 0.45%. So, the cumulative profit became 1.25%. We continued with this day and made a death cross. A cross appears at this point, and then we create another appears at this point, and then we create another golden cross. This is another trade we're working on. It's an

[10:59] additional trade, the same thing: its height is double the current candle's height, and the stop loss is double the return ratio ( which we're talking about). We have a profit of 0.36, so at this point, our accumulated profit is

[11:14] accumulated profit is approximately 1.5%. Then, following the same principle, we wait until we see another golden cross. At this point, below, we had another golden cross. We open another trade, the same thing: a stop loss

[11:27] twice the candle's height, and a return ratio of two. Now we've made a profit of two. Now we've made a profit of 0.4%, so our daily profit is approximately 1.9%. We close the trade here, and we start again. At this point, we create another golden cross. If

[11:42] we look at the candle we entered at this moment, here in the golden cross, the candle we're currently in, and the return ratio... The ratio, which is two, as you can see, gives us a profit of is two, as you can see, gives us a profit of 0.9%. This brings our cumulative profit to

[11:55] 0.9%. This brings our cumulative profit to 2.7% daily. With this final trade, we'll close today's trading and day trading. Don't forget, I'm working on CryptoD.com, which has low commissions. As you start, and your budget gets larger and larger, you need a platform you can

[12:09] trust. I trust CryptoD.com because I've been using it for a long time. The link is in the description box below if you want to benefit from a 20% commission discount. Ultimately, scalping is a very risky strategy and requires time. As you can see, it takes time to determine if

[12:24] you're ready for such a strategy. I work in three stages. I start with scalping. If I see I don't have enough time, I switch from scalping to swing trading and open longer-term trades. If my trades fail, I report the loss to my investment portfolio because I only open trades in the currencies

[12:40] I'm invested in. You start selling at a loss and see your portfolio drop, and things will get squeezed. In the end, the most successful strategy is long-term investment. It's the best strategy of all; there's nothing more successful. So why are you selling at a loss, my friend? What you're

[12:52] investing in isn't like that. That's how I work, and that's why I only trade Ethereum and Bitcoin with a fraction of my own money, all based on different goals and strategies. I hope you benefited, and I hope I gave you all the information you need to scalp in a way that's

[13:07] scalp in a way that's very successful in this field. That's all. Thank you very much very successful in this field. That's all. Thank you very much for your time, and goodbye.