【Short-Term Strategy (Scalping & Day Trading) Feature ⑦】High-speed scalping on GBP/JPY focused from 16:00 to 24:00! Targeting pullbacks and dips with an original indicator! (Nobushi)
【Feature】Victory is Certain!! Short-Term Strategy (Scalping & Day Trading) Feature
・① Why short-term strategies now — insights from skilled traders!
・② Basic techniques of scalping
・③ Basic techniques of day trading
・④ Indicators advantageous for scalping & day trading!
・⑦ Fast scalping focused on GBP/JPY from 16:00 to 24:00! Aiming for pullbacks and reversals with an original indicator! (Nobushi) ←This article ends here
※This article is a reprint/edit of FX攻略.com December 2020 issue. Please note that the market information described herein may differ from current market conditions.
As a part-time trader, Nobushi shared scalping techniques. By restricting currency pair to GBP/JPY and trading hours to 16:00–24:00 Japan time, you can reduce risk and maximize edge. One notable feature is using an original indicator incorporating multiple indicators to simplify the chart.
Strategy
- For GBP/JPY between 16:00–24:00 Japan time, take profits early when profitable
Timeframe
- 1-minute chart
Technical
- Original indicator “PIONE”
- Bollinger Bands
- Moving average (20SMA)