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Scalping Strategy Guide

Scalping strats

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Ray Ng
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134 views3 pages

Scalping Strategy Guide

Scalping strats

Uploaded by

Ray Ng
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Scalping Strategy Time-Based Trading Guide

Pre-Market Strategy (8:00 AM - 9:00 AM EST)

- Observe the market and avoid trading immediately.

- Identify the overall momentum: Is there more buying (green candles) or selling (red candles)?

- Mark key levels such as support and resistance from the pre-market high and low levels.

- Watch for supply and demand zones where price may react.
Market Open Strategy (9:30 AM - 11:00 AM EST)

- Be cautious during the first 10 minutes due to high volatility.

- Wait for price to hit key levels, like support or resistance, and observe candlestick patterns.

- Tight stop losses are essential. Risk 1% or less and aim for a reward that is 2-3x your risk.

- Focus on engulfing candles or strong rejections that signal momentum shifts.


Midday Trading Strategy (11:00 AM - 2:00 PM EST)

- Midday is often a time of reduced volatility, so fewer trades are necessary.

- Look for price consolidations and wait for potential breakouts.

- Range-bound price action is common during this time; wait for rejections or breaks from key levels.

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