Indices Trading Scalping Strategy
1 Minute Scalping Strategy PDF
Scalpers
This group of traders holds on to their stock indices trades for only a few minutes. The indices trading scalper never holds on to a trade for more than ten minutes. With the objective of making small amount of pips profit: 5 - 20 pips.
A Scalper using 1 min chart timeframe wants to go long, checks 5 minute chart timeframe, which looks like the one below, since 5 minute chart timeframe show indices trend is going up, then decides from this chart technical analysis it's okay to buy.
1 Minute Scalping Strategy PDF - 5 Minute Scalping Strategy - Indices Trading 15 Min Scalping Strategy
Traders using technical analysis use stock indices charts to try and attempt to predict the movement of stock indices price on the stock indices charts.
Indices Trading Scalping traders will sometimes use two or more indices chart time-frames so as to figure out the long term indices trend & short term indices trend.
How to Define A Indices Price Indices Trend for Scalping Indices Trading
Using a stock indices trading system that has 3 indicators - Moving Average Crossover System, RSI and MACD & using simple rules to define the indices trend. The trading rules are:
Upwards Indices Trend
Both MAs Moving Up
RSI above 50
MACD Above Center line
Downwards Stock Indices Trend
Both MAs Moving Down
RSI below 50
MACD Below Center line
Multiple indices charts time-frames analysis equals using 2 chart time frames to trade stock indices trading - a shorter one used for trading & a longer one to check Indices trend - chart time frames that you select for trading stock indices price action with will depend on the type of trader you are: for Scalping Traders the chart timeframes used for trading will be example of 1 minute chart time frame & 5 minute chart time-frame.
Since it's always good to follow the indices trend when indices trading scalping, in Multiple Chart Timeframe Analysis, the longer 5 minute chart time frame gives us the direction of the long-term indices trend when scalping trading using 1 Minutes Indices Chart Timeframe.
