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Easy 1 Minute Scalping Trading Strategy | Simple But Profitable
This simple scalping strategy can be used by anyone from beginner to advanced in order find small reversals in the market we are going to look for Bullish or Bearish Engulfing Candles
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A bullish or bearish engulfing candle is one of the most common patterns to trade. It is formed after a price pullback in an overall trend. The purpose of this pattern is to get you into the next wave of that trend, which can last for years or fail in a matter of days. There is no clear exit, so you should always take a month's break from trading after catching two or more engulfing candles.
When trading a bearish engulfing candle, it is essential to recognize the trend as bullish or bearish. It is also important to determine the direction of the dominant trend. The engulfing candle should form a higher high than the previous low. The engulfing candle should be large enough to be considered an imminent reversal. The goal is to trade in the direction of the dominant trend and exit your position when the trend turns.
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Timestamps:
00:00 Intro (very important)
02:05 The Winning Trading Strategy
07:00 The Coded Trading Strategy
19:00 Let's Test 100 times
10:00 1 minute scalping Trading My Thoughts
10:30 Conclusion
#trading #strategies #winrate #scalping
DISCLAIMER (read it please): Leverage trading is ONLY for EXPERIENCED ADERS. If you Trade with a BOT from 3Commas on Bybit it does NOT mean you have no risk. You can still lose money if the Bot suddenly gets unprofitable.
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This video was inspired by @Little Panda Forex
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