Triple S Strategy

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The passage discusses a simple scalping strategy called the Triple S that uses the volume indicator to identify trading opportunities on 5 minute and 15 minute timeframes.

The Triple S strategy is a simple scalping strategy that uses the volume indicator to identify trends and trading opportunities on 5 minute and 15 minute charts.

The passage explains that although forex doesn't have a central exchange, the volume indicator still works because it measures tick volume, which reflects the number of trades occurring.

Thanks for stopping in!

We have had many requests for the best scalping system 


for quite a while now. So we decided to get on board and give you easy scalping 
technique that we think is one of the best scalping strategies you can find.  
 
We developed a strategy that we call T ​ he Triples S ​or (Simple Scalping Strategy).  
 
The Triple S is easy to learn and with a little practice could be a great addition to 
your scalping techniques and the best scalping method you have. 
 
The ​Simple Scalping Strategy​ has been exclusively designed for scalping but if you 
would like to give it a try on a 1 hour or 4 hour time chart you can try and let us 
know how it works by commenting below!  
 
We feel it works best with the 5 minute and 15 minute time chart so that is 
what we recommend. You can try this with a 1-minute scalping strategy as 
well but we will focus on M5 and M15 charts. 
 
This is a highly profitable forex scalping strategy that uses a very accurate scalping 
indicator. 
 
The simple scalping strategy uses the volume indicator coupled with ​price action 
analysis. 
 
Let's talk about this indicator for a bit, shall we? 
 
What is the Volume indicator for Forex? How does it Work? 
 
To start, here is what it looks like: 
 
Great! 
 
The volume indicator could be interpreted as the "fuel tank of the major trading 
machine." Some argue that the volume indicator cannot be used with trading forex 
because there is no "central exchange" so how can it be read effectively?  
 
Another argument is that the volume that you see for Forex is actually the "Tick" 
volume that occurs so you are not seeing the entire volume that is being traded at 
the time like you would with stocks. 
 
Our argument to that is tick volume is measured by how much the price is has 
ticked "up" or "down" in that particular candle bar. So the more people are getting 
in at the time, the longer the volume line will become because there will be more 
movement in price action with all of those entry orders flying in.  
 
So it makes sense that the volume indicator is, first of all, very accurate, and second 
has no real lag to it. This is because it is currently showing you what the price action 
is doing by the number of "ticks" on that candle bar which results in the bar looking 
like this: 
 
So let us get to it! 

The Triple S Simple Scalping Strategy 


Rules-Best Scalping System 
 
 
Side Note** Since you are all the way down to an M5 or M15 time chart the price is 
very sensitive to any and all news. Because of that, I would not use this strategy 30 
minutes before and after a major news announcement. 
  
 
 
 
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$5,000 trading the markets by following this system: 

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COURSE. 

 
Rule 1: Apply Volume Indicator 
 

 
Any trading platform is okay because the Volume Indicator comes standard on all 
trading platforms. 

Step 2: Go to an M5 or M15 Time Chart 


 
In this particular M5 time chart we are looking at a USDJPY pair. 
 
What you want to look for first is if the volume indicator is showing you any trend, 
reversal, or just stagnant price action. The way it works is that if the volume 
indicator increase, so will the price action because there is a plethora of interest in 
that current pair. 
 
Once you see a drop off in the Volume indicator, you know that there are less 
"ticks" and hence less interest in that trend. The strategy we want to focus on 
mainly is​ trend trading.  
 
You can use the volume indicator for reversal trades, but that's not something we 
are interested in with this strategy. 
Step # 3 Of the Best Scalping System is Analyze Volume 
Indicator: Look for a healthy Uptrend or Downtrend, 
Pullback in Price action and Volume to Slow Down or 
"Quiet down." 
The volume indicator should tell you an enormous amount of information. If you 
see the volume indicator do this: 

 
You know that the trend is either: 
 
A. Dying and heading for a​ reversal.  
B. Take a break before continuing to the upside. 
 
In this case, it took a break. There were fewer buyers and sellers at the time 
(traders making trading decisions)​ before it then picked up and continued to the 
upside. Our strategy takes advantage of this pullback before the price action 
continues upward in this example. 
 
So in this analysis step to the strategy you need to check out the volume indicator 
and based off of what you now know make a good trading decision based off of the 
current price action. 
Using our example, you should see a steady uptrend followed by a 
pullback/retracement phase. 
 
Like this: 

Step # 4 Once you see the Volume Rise/Spike (after if 


slowed down) Make your Trade Decision Based off of 
Current Price Action. 

This part is all up to you. There is not "line crossing," "arrow appearing" or "a 
small voice telling you to buy now!" 
 
You have to understand a little bit about how the price action works before you 
decide on your entry. Using our example, the Volume indicator shot up drastically 
meaning that traders are getting in on the action and thus driving the price 
upwards! 
 
Take a look: 
 
Once you see this Big Spike or See that the Volume indicator is showing that there 
is some action heading your way you want to get ready to enter this BUY trade 
because all things are pointing upwards. 

Entry/Exit Strategy 

With the current structure of this trade, it made sense that since we saw our "spike" 
in the volume indicator and it broke this small retracement trend we pulled the 
trigger and entered a buy! 
 
Your exit strategy is simple. ​You go for 10-20 pips. Also, You Place a 5-8 pip stop 
loss​. Once you are up 10 pips move your stop loss to 5 pips to lock in small profit 
(unless the spread is very large which you would most likely break even then.) 

 
This 20 pips in under 5 minutes will not happen every time, but when it does it will 
surely make you smile :) The reason we say go for 10-20 pips is for cases like this 
where you see a big jump after the retracement of the main trend. You do not 
want to get out too early. 
Consider this strategy on any of the major currency pairs and you should see some 
great results! 
 
**The rules for a SELL trade will be exactly the same, only opposite on your 
chart. (I.E. instead of starting with an uptrend first it will be a downtrend 
instead) 

Conclusion 
Simple Scalping Strategy could be a powerful 1 minute scalping system as well and 
if you try in on the time frame let us know your results! 
 
We could use the best scalping strategy indicator (volume) and have a whole 
basket of strategies to use with it. The reason is because it can confirm a trend, a 
can confirm a reversal, and it can show us when there are less interest between 
buyers and sellers. 
 
With this best scalping system, you will find that it's not only easy to Scalp but also 
will find a high win percentage strategy and a chance to grow your account very 
quickly.  
 
If you are not a fan of scalping and enjoy swing trading or day trading strategies 
make sure you check out the ​Rabbit Trail Channel Strategy t​ hat will show you how 
to grab 50 pips at a time with high probability of winning! 
 
Thanks for reading! 
 
For more examples of this trading strategy check below: 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Triples S Trade Ideas 
Example #1 AUDJPY M5  
Go to M5 or M15 Time chart. Analyze Volume Indicator: Look for a 
healthy Uptrend or Downtrend, Pullback in Price action and 
Volume to Slow Down or "Quiet down." 
Once you see the Volume Rise/Spike (after if slowed 
down) Make your Trade Decision Based off of Current 
Price Action. 

You see here that the volume dropped.


After the big spike we waited for the price to retrace to the trend line before entering a buy trade
here.

After a few short minutes we closed this trade with a quick 8 pips.
Example #2 USDCAD M5 Chart 

Go to M5 or M15 Time chart. Analyze Volume Indicator: Look for a healthy 


Uptrend or Downtrend, Pullback in Price action and Volume to Slow Down or 
"Quiet down."
Once you see the Volume Rise/Spike (after if slowed down) Make your Trade 
Decision Based off of Current Price Action.

Once the volume indicator showed little movement, wait of a big spike to get in a trade.
You see the long wick at the bottom? The pine bar was a bullish one and with the amount of
volume this pais saw here it made sense that this will move quick. This would have been a nice
10 pip profit.

Thanks for reading!

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We hope that you enjoyed this Strategy! 

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