5th Practical Techniques of Scalping [Forex Oni]
We are in a project where a foreign exchange master known as the Market Demon teaches us everything from the basics to advanced applications. Following the previous basic-rule explanation, this time we will detail practical techniques.
【Master teaches not-so-easy, but lifelong scalping skills once mastered[FX Oni](6 parts in total)】
・Part 1: Pros and cons of scalping
・Part 2: How to start scalping skilfully
・Part 3: Basic scalping strategies
・Part 4: Counter-trend scalping techniques
・Part 5: Practical scalping techniques
・Final part: Secrets to improving scalping
Table of contents for Part 5
1. More in-depth scalping techniques
2. Cautions on entry timing
3. Cases where you should skip entries
4. Grasping price movement habits without over-relying on indicators
5. Price action and intuitive trading
FX Oni (Kawase Oni) profile
Graduated from Sophia University, Faculty of Foreign Languages, Department of English. A former foreign-fund trader and FX dealer at a securities company, now serves as the CEO of an investment company. Specializes in ultra-short-term scalping with settlements completed within a few minutes after entry, with hundreds of trades per day. Trading history is fully disclosed on the official blog “FX Scalping Master!”. Notable book: ‘FX Scalping Intro by Kawase Oni’ (Diamond Publishing).
Official site:FX Scalping Master! Kawase Oni
More advanced scalping techniques
Over the past four installments, I have explained from scratch the scalping methods I practice daily for those who want to start short-term trading. Last time, I explained the core buy/sell logic of scalping—the timing of entries and exits—and discussed what constitutes an edge.
And in this article, I would like to advance the basic rules from last time and introduce several practical techniques.
<Contents to be explained this time>
・Entry techniques that incorporate volatility
・Volatility of USD/JPY
・Role of indicators