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today I'm going to take your win rate
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all the way up to
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87.3% with a five minute scalping
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strategy that I've used to make tens of
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thousands of dollars on the hourly time
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frame we want to map out extreme support
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and resistance zones then we want to
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trade from those zones on the 5 minute
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time frame if you do this right and
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follow all the steps you'll be counting
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cash and to everyone in your life hating
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your trading game you'll be having the
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last laugh so smash that like button sub
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subscribe to the channel and let's make
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some money I've got a bunch of live
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trades to show you including this
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scalping trade that made me a ton of
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money on some huge candles all verified
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on my my FX book and back tested at
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87.3% but before I show you any results
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let's pop up the charts all right so
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here I am on the 1 hour time frame just
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setting up my resistance my support
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levels but I don't do lines like this I
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do zones so I set up my support zone
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right down here and I set up my
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resistance Zone all the way up here
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catching as many many Wicks and candles
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as I can without going too far down now
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obviously there's tons of support and
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resistance levels that you could be
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mapping up on your chart but I'm focused
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on the extremes right we have the
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extreme resistance and the extreme
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support those are the best prices to buy
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from and to sell from because this is
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where there's the most imbalance in the
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markets if I take the Fibonacci and I
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drag it from the bottom to the top right
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here everything Above This 50% mark
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right there is the discount Zone that's
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when price is at a discount that's when
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you want to be placing trades we know
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the market is going to go down the
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market is going to go up the market is
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going to go down right 70 to 80% of the
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time the market is staying within the
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range so if all you're doing is trying
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to get the breakout every single time
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you're going to be losing more trades
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than you're winning let's bring up the
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steps to the strategy on my chart right
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now step number one price is at our
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support or resistance level and you
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could see right here price is at that
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resistance level so we're ready to look
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for a trade opportunity the next step is
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we're coming to our M5 time frame
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because we're scalping we're on that
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lower time frame trying to find a good
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entry so step three is entry conditions
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this could be supply and demand more
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support resistance different patterns
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trend lines you have a multitude of
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options here you can see right here I
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used a trend line just like this right
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here let me pull that up just a little
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bit this trend line gave me 1 2 3 4 5
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touches price broke through the trend
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line came back retested the trend line
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that's where I entered my cell trade we
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also have a quadruple top pattern right
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here which is a pattern telling us that
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the price is going down so my third step
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is met I have my entry conditions and
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I'm into my live trade you can see we're
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already at $400 $500 $1,000 right there
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as price is pushing down now step four
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I'm monitoring reactions to minor
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support you can see we have a clear
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minor support level right there so
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that's the first level that I'm really
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going to be watching you could also have
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been watching this level right there but
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you can see we broke through that level
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candle closed we retested that level and
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we're looking really really good you can
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see at the top here I have my stoploss I
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have my takeprofit all the way down here
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my belief is that if I break through
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this support level right here you see we
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just had that candle close we're up to
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about $3,000 now if I get that closed I
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feel like it's going to be pretty clean
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all the way down I do have one more
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level of support you can see off of this
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level right here so this is an area
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where price May struggle but I'm not too
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worried about it and at this point once
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I broke through this support level I did
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pull my stop loss to break even
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somewhere around this level right here
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you can see we are rejecting off of this
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level right here so this is obviously a
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support we have to worry about and when
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you're live trading you have to consider
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every single thing that you're doing we
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are clearly reacting off of this Lev
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which is fine that there's no problem
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with that at all we just want to make
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sure at some point we're able to break
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through that level and have a candle
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close once I get that I'm pretty
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confident that we're going to blow all
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the way to my takeprofit and why am I so
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confident because look we have a huge
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fair value Gap off of this candle right
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here that's unmitigated price that price
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needs to get filled so you could just
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expect the market to blow right to that
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level pretty quickly you could see price
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is starting to show some really big
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candles once we got through that last
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support level and we are getting close
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to our takeprofit you could see the
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takeprofit level right there and we're
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floating around 7,000 in profit right
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now it's a a beautiful beautiful trade
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and we are getting closer and closer to
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my take-profit level obviously I could
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have put my take-profit level right in
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the middle of this fair value Gap I
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would have hit that already but the
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trade was clearly pushing down
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aggressively look you could see it's
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nothing but red candles almost the whole
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way through so I was confident that the
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trade was going to come down and smash
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my takeprofit which it's just about to
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do right there we smash the take profit
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you can see there I made over 50 Pips
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and about
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$8600 on this position now you can see
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on this trade I made $8600 on 50 Pips
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obviously I'm trading a huge lot size of
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15 Lots you don't have to trade that lot
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size I've just been very confident in my
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trading lately so I'm trading some
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bigger lot sizes now we have to get into
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more of these examples I've got buy
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trades I have more entry conditions more
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rules you want want to follow all of
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these for that
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87.3% win rate let's get into that on
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this live trade it's a little bit
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different but we're still looking for
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our support and resistance on the H1
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time frame so you could see right here
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this was a resistance level that turned
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into a support level now you would have
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been good selling from here selling from
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here selling from here very very nice
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but here you didn't really get a
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reaction which is fine so you wouldn't
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even really place a trade because if a
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green candle fires right up like this
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you're not placing you need to see a
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reaction you want to see Wicks you want
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to see something like this so what
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happens is we have the price break
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through our level retest our level and
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then come back to that level right so
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now that's the level we want to buy from
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right this is now our support level
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right it was once resistance right here
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now it's support so on the H1 time frame
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I want to scalp from this level right
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there so I'm going back to that M5 time
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frame so step one we get our H1 support
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and resistance level step two we're just
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coming to that M5 time frame and step
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three we're looking for our entry
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conditions why are we entering this
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trade well this is my kind of trade rate
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here you can see price pushes up
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aggressively right here what does that
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create that creates a demand Zone on
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this candle right here we pull this all
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the way over here and you already know
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that this is also that support zone
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right so we're looking for a reaction to
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the support Zone look we had a reaction
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right here already to our demand Zone
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and our support level now let me zoom in
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even further right here and you can see
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we're getting a reaction to the demand
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Zone we have two Wicks right here that's
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exactly what I want to see so with this
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point I'm in my demand I'm at my support
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I'm ready to place my trade at this
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point what I'm really looking for is
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step four I'm monitoring reactions right
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where are my resistance levels right we
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have a level of resistance right there
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and you can see we are getting a
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reaction to that level but if I can get
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a breakthrough of that level you can see
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at this point I was already at around 5
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$5,000 $6,000 in profit we're just
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getting huge green candles so at this
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point I already pulled my stop loss to
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break even here I'm just going to leave
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it right there so it doesn't cover the
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amount of money and then we're just
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pushing up aggressively aggressively
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aggressively as we go all the way to my
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Target and you're seeing a lot of fair
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value gaps right here you can see we
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have a fair value Gap at this level
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right here we have another fair value
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gap on this candle right here and all
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that's signifying to us is that we're
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getting a lot of price momentum you
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could see we are getting a little bit of
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resistance right here but there's
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nothing stopping this demand Zone we
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broke through that level we closed the
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candle we tapped back into that
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resistance level as a support we're
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testing that level again but I was very
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confident in this position because the
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demand Zone was so clear and I smashed
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the take profit that quickly for over
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$122,000 and that's all six steps right
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we had step four we were monitoring
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those resistance levels step five I was
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moving my stop- loss since step six I
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was winning the trade now when you
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follow these steps exactly you can get a
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win rate of
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87.3% that H1 time frame is really good
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for support and resistance M5 is amazing
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to get your entry you could see here I
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tested 126 trades we're talking a p&l of
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over 7,000 per. if you have any
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questions at all about any of this
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comment please like the video and I've
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got more trades coming up because if you
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really want to get this down you have to
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watch every live trade that I placed
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this week all right so by now you're all
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already a pro what am I doing 1 hour
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time frame I'm setting up my support
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level right there that's pretty much all
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I had on this one and I had a pretty
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strong resistance level right there with
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a lot of Wicks this was a bigger Zone
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but you can see here price was
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respecting the level here here here here
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here here so what is step one well Step
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One is we want the price to be inside of
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our resistance level then we're going to
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step two what is step two M5 time frame
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step three we're looking for our entry
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conditions so you know that this is a
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good one I have my Supply Zone off of
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this candle right here why because we
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have 1 2 3 four five red candles in a
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row I only need four big red candles in
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a row to get a good Supply Zone all
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right so at this point we have the Wicks
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our entry conditions are looking good
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and I'm moving to step four which is I'm
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always looking at these little levels of
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support right here I want to break
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through these levels these are minor
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minor support levels you can see this
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was support or resistance on this level
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over here but we broke through it the
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candle closed so that wasn't much
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trouble the next level of support I'm
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worried about is this level right here I
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want to see price break through that
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level obviously and you'll see on this
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position I don't actually have a
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takeprofit I was just taking my stop
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loss as you could see right here and I
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was dragging that to break even and I
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was just trailing this position the
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entire time so my next level I was
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worried about was obviously this level
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of support right here and I was just
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constantly waiting for price to get to
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that level so let's just increase the
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size of this give you a little bit
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better view here and you can see at this
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point I was already up around $6,000 I
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just really wanted to get a close
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beneath this Zone and then I was
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starting to think about you know what
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was the next decision I was going to
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make in terms of trailing where is it
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that I want to take profit on this
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position now I had this huge push down
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right here I was feeling really good
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about this so I pulled my stop loss to
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around this level right here something
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along those lines around
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$8,800 something like this I was hoping
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for this this trade to continue pushing
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down you could see at this point I was
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at about
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$112,000 $133,000 so this was a hell of
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a trade I really probably should have
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lowered my stop loss a bit more but I
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was hoping that we could just continue
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to push down once we got to this level
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right here but it did seem like the
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price was starting to rebound against me
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I'm not sure what previous price was
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showing me at this level if I scroll
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over here you can see there really
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wasn't much of a support level right
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there but you could see the price did
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push up and knocked me out of this
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position I still grabbed about $8,000 if
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I continued with this trade here you
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could see I actually made a pretty good
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decision because we started getting some
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pretty big green candles here we had
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some strong support levels forming and
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this trade did continue to go all the
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way up here and would have you know
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really ruined that trade for me so you
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know a double bottom was formed right
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here and price pushed up aggressively so
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I was happy to get my exit at this level
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right here there was nothing wrong with
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that now if you want to scalp the way
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I'm scalping here you need a good
00:12:23
brokerage for that so I recommend you
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sign up with The finura Brokerage the
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spreads are tight the commission are low
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so you can actually trade with tight
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stop- losses and win amazing scalping
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trades in whatever session you're
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trading in now I hope this scalping
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video helps you get to your
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87.3% win rate if you like the new way
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that I'm filming please leave a comment
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like the video subscribe to the channel
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consider joining my VIP trading room my
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best analyst is back after 2 years we
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did
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4.7% just yesterday in the VIP room so
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consider joining there definitely watch
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this video next or definitely watch that
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video next I'll be back next week much
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love
