🧵• Simple forex scalping model.
This model is very straight forward it covers all you need you achieve a profitable strategy in the markets.
(London Session Based)
This model is very straight forward it covers all you need you achieve a profitable strategy in the markets.
(London Session Based)
Everything starts off with a consolidation that’s why it is important for my model to have Asia as tight of a consolidation as possible.
Anything below 23 pips is ideal, below 15 pips is where this model performs even better.
A thread on IPDA👇
x.com
Anything below 23 pips is ideal, below 15 pips is where this model performs even better.
A thread on IPDA👇
x.com
During the period of consolidation you want to see side ways price action where we don’t take swing lows or highs, a trending 20 pip move is where we don’t look to trade the model at all.
You want to see open float above and below old highs and lows being built up for the expansion in London.
You want to see open float above and below old highs and lows being built up for the expansion in London.
Then the importance of mid night opening price this will show us the protraction the market goes into, you want to see for example;
When bullish you want to see the consolidation low being get taken out and we go below midnight opening price with incorporation of time:
When bullish you want to see the consolidation low being get taken out and we go below midnight opening price with incorporation of time:
3-4 AM is the window you will look to trade and you will look for a M5 stop hunt in the opposing direction as before if bullish the consolidation low & below midnight open when this happens inside 3-4 AM time window you move to the M1 chart to execute.
1:2 & 1:1.5 is the sweet spot.
1:2 & 1:1.5 is the sweet spot.
This is my full YouTube video on this strategy on my channel:
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As I said this is very straight forward and easy approach to London session I have made money trading it & I hope it helps any one struggling or beginning in London session.
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