The 3rd Session: Basic Scalp Trading Strategy [Foreign Exchange Demon]
This企画 aims to systematically summarize the essence of scalping from the representative FX trader, the money-demon of exchange. In the 第1回 and 第2回, we organized the basic information about scalping, and now from 第3回 we will delve into more practical content. This time, the technical "Envelope" used by the money-demon will also appear!
第3回目次
1. There are only two buy/sell logics in scalping!
2. Presence or absence of trend and basic scalping strategies
3. Counter-trend entries and exit points in ranging markets
4. Characteristics of price movement when a trend occurs and trading strategies
5. What are the limits of scalping that rely solely on intuition?
Kawase Oni (Currency Demon) Profile
Graduated from Sophia University, Faculty of Foreign Studies, English Department. A former foreign fund trader, a former currency dealer at a securities firm, and now serves as CEO of an investment company. Specializes in ultra-short-term scalping where exits occur within just a few minutes after entry, with hundreds of trades per day. All trading history is公開 on the official blog “FX Scalping Master!”. Notable work includes “FX Scalping Introduction by Kawase Oni” (Diamond, Inc.).
Official site：FX Scalping Master! Kawase Oni
There are only two buy/sell logics in scalping!
In the previous two articles, we explained the魅力 and points to注意 for those starting scalping in FX. From this article onward, we will discuss scalping logics and methods in more concrete terms.
There are many methods referred to as scalping methods, but the fundamental buy/sell logics are actually only two. In other words, if you assume the near-future FX market will be a ranging market, you trade with the “counter-trend method,” and if you assume a trend will emerge and continue, you trade with the “trend-following method.”
What may seem like many scalping methods, in reality there are many criteria to judge ranging vs trend markets, but the basic FX trading strategies are not so different. In fact, if you can accurately determine whether the near-future market will be a range or a trend, you can win in scalping with little risk.
Therefore, in this article we will explain how to distinguish ranging and trending markets, and how to think about counter-trend vs trend-trading approaches.
＜Two logics＞
【If you expect a ranging market…】Counter-trend method
【If you expect a trending market…】Trend-following method
