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The Best Scalping Strategy for FOREX | 5 minute timeframe
In this video I run over the best scalping strategy on a 5 minute time frame.
FREE DISCORD: https://discord.gg/36JMdfCJMK
MENTORSHIP: https://buy.stripe.com/4gw8ymeeL3wI0Ny28e
SIGNALS: https://whop.com/etm-trading
Twitter: https://twitter.com/ToddLewe
Hi,
My name is Todd Lewendon and I mostly trade FOREX and indices.
This is the 1st part of a 5 episodes trading series based on strategies that I implement, so you can test them and decide which one is best for you.
This FOREX scalping strategy purely based on the time of the day analysis and looking at the price of the asset you are following. So you need to set everything to NY time, make sure all your time reference are in NY based time otherwise the analysis will not yield anything valuable.
I usually approach this by looking at highs and lows, or inefficiencies in the market, to buy or sell them depending on what has happened in the previous days. Usually you can buy or short with a 10 pip stop loss.
Watch me giving you some insight has to how I hunt and process with this trade and help you to identify easier money to be made.
I hope you learned a new way to win with this live trading episode and i will see you in the next one.
00:00 - 00:42 intro
00:42 - 05:04 examples and my approach
05:04 - 06:15 trade example you can find on my discord server
06:15 - 12:26 further examples and approaches
DISCLAIMER:
I am not a registered financial adviser. Everything that is provided in this video is purely for educational purposes only. Do not invest money you cannot afford to lose
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