What Is Scalp Trading?
If you use a Prop Firm then Scalping is the best way to trade!
Scalp trading is a short-term trading strategy where traders aim to profit quickly, often holding positions for just seconds or minutes. Scalpers enter more trades than any other style. The goal is to enter in more trades using a very small stop-loss strategy to capitalize on small, medium, and big wins.
Short Entry
In this example the wick of the candle comes back past the ORB before going in the direction of price action.
Long Entry
In this example the wick of the candle stops on the ORB before going in the direction of price action.
OB2’s- 5 & 15 Minute ORBs
Inversing the 5 Minute Purple ORB or the 15 Minute Blue ORB
Using the 15 min current day ORBs we look for a test or retest for our entry. We will use our confluences to confirm or deny our entry.
Short Entry
Long Entry
Short Entry
Long Entry