[Feature] Victory is in Your Hands!! Short-Term Strategy (Scalping & Day Trading) Feature

・① Why now, a short-term strategy—heard from skilled traders!

・④ Indicators advantageous for scalping & day trading!

・⑤ Use the behavioral principles of market participants! Take the initial move after a stop loss (Cat-loving Trader Kou-suke)

・⑥ Do not jump on GC/DC appearances immediately! Buying on dips after GC/DC with MACD (Scalping Trader Futa)

・⑦ Fast scalping focused on GBP/JPY from 16:00 to 24:00! Aiming for dips and pullbacks with an original indicator (Nobushi)

・⑧ After identifying the environment on a long-term chart, enter on a short-term chart!! A trend-following method riding the momentum after a line break (Tomu Akira Kuramoto)

・⑨ In a ranging market, there are many trading opportunities! Short-term counter-trend trades aiming for bounces at lines (Kenjiro Mabiki)

・⑩ Analysis by candlestick position and moving averages! The king of trend-following patterns with the crab trader’s short-term method

・(11) A perfect pattern appears as a signal to enter!! Accurately capturing chart reversals with close-price trading (Teacher Iitad)'s　←This article ends here

※This article is a reprint/edit of FX Gokaku.com December 2020 issue. Please note that the market information described in the text may differ from current market conditions.

From the renowned instructor Iitad, we learn a short-term method that targets pinpoint reversal points on the chart. Judging entries from chart patterns on the 1-hour, 4-hour, and daily charts is very simple, reducing the time and effort spent on trading. It’s also appealing that you can cut losses early and close positions before losses grow.

Strategy

Aim for reversals after closing price overlaps with recent low/high

Timeframe

1-hour
4-hour
Daily

Technical

Candlestick
Line chart
Horizontal lines

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【Short-Term Strategy (Scalping &amp; Day Trading) Feature (11)】Perfect pattern appearance signals entry!! End-of-candle trades that accurately capture chart reversals (Instructor Iidacchi)

【Short-Term Strategy (Scalping & Day Trading) Feature (11)】Perfect pattern appearance signals entry!! End-of-candle trades that accurately capture chart reversals (Instructor Iidacchi)