In this video, I walk you through a simple Forex Scalping Strategy using the 1 minute time frame, aiming for short wins during the London trading session.
Simple Forex Scalping Strategy
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I have been testing this simple Forex scalping strategy using the 1 minute time frame, to see the results over a period of trades, and more importantly, if this strategy is consistently profitable.
Although the 1 minute time frame can be incredibly choppy for scalping Forex, I favor this fast price action. I originally studied scalping stocks using the 1 minute time frame and scalping can provide many trading opportunities.
In this video, my trade execution is carried out on the 1 minute time frame, but I am using the higher time frames for technical analysis and to mark significant points in the overall market structure.
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FURTHER READING
Trading View Tutorial for beginners
Forex Trading Setup for Beginners
I hope you found this article useful!