The 15 Min Scalping Strategy is forex trading strategy and this is used for gaing profit with short term time frames. With the passage of the time this gained profit is added into the other amounts of trading. This helps traders in the increment of the profit of the market.
This 15 Min Scalping Strategy is basically allows to its users to do trade at a specified time frame such as one minute time frame, five minute time frame and 15 minute time frame. This can be directly used for 15 minute time frame. The usage of the frames is on the choice of the trader and investors.
Forex 15 Min Scalping Strategy PDF
Best time frame
As we know that there are one to three time frames like 1 minute time frame, five minute time frame and fifteen minute time frame. All the time frames are good for trading.
The one minute and five minute time frames are very common in theri use but mostly the traders or investors support the 15 minute time frame for their market trading. So it can be said that the 15 minut time frame is best for trading while you are using this 15 Min Scalping Strategy.
When to Buy:
There are basically two conditions for that shows the buy signals.
The first condition of the buy occurs when the lines over cross to each other with different range. When the blue line crosses the red line in upward direction in the oversold zone then it creates a clear buy signal. If this condition is fully observed by the trader then he should know that there is a buy signal.
The second buy condition meets when the blue line goes upword from 50 range to 120 range pressure. When the line reaches upto 120 then the line became purple color.
Stochastic Settings for 15 Minute Chart
When to sell:
There are also two conditions that tells that when the sell signal occurs.
The first condition of the sell occurs when the lines over cross to each other with different range in downside direction. When the blue line crosses the red line in downside direction at 80 level then it creates a clear sell signal. If this condition is fully observed by the trader then he should know that there is a sell signal. The line moves down from the 80 level.
The second sell condition meets when the blue line goes down word from 50 range to 120 range pressure.
When to exit
Two different scenarios that tell that the traders shoud exist from the trade.
When the blue line of the indicator crosses the red line in donw word direction in the zone of overbought or oversold then the trader shoud take exit from the trade.
When the orange line of the indicator in the chart cross the purple line from 50 to 120 range in the bottom upword direction then the exit signal occurs. So the trader shoud exit it and take a profit.
15 Min Scalping Candlestick Strategy
The 15 Min Scalping Strategy is basically used for short term time frames. The main focus of this strategy is for short term time frame trade. There also many advantages for this time frame. The trader can do trade in a short time rather then long term. There no wait for long term trade decisions. The trader does not have any concern with long term price rate estimations. Here the only attention is required for short term results.
This is a simple and easy trading strategy that is used for aa day trade or we can say for intraday trading. The 15 Min Scalping Strategy gives profit in a short time. This provides a facility for traders that thay can use it for daily trading.
The 15 Min Scalping Strategy tells the traders that either the targeted trading is compatible with this short term time frame trading strategy. This is a time consuming trading strategy that is only best for short term time frames. The long term trading strategies are highly risky strategies as compare to the trading strategies that are designed for long term trading strategies.
This artical is designed for that traders and investors that want to gain their trading results in a short time. There is no confusion and long time taking decisions.
Best Moving Average for 15 Min Chart
Benefit of 15 Min Scalping Strategy
The major benefit of using 15 Min Scalping Strategy is that after the result of the trade the trader can take exit from the market. There is no need for long term time stay in the market for trading. So this also saves money from becoming the victim of loss. Becasue if the trader stays for long time in market for trading then there are chances that the trader can get loss and take risk comparatively to gain profit.
Disadvantage of 15 Min Scalping Strategy
There are also some disadvantages of the 15 Min Scalping Strategy. This is the law of the nature that everything is not perfect. If a thing have to much advantages then this is must that may be that thing have some disadvantages. So the main disadvantage of this strategy is that this is expensive on use because it takes high commissions, fees and other risk requirements.
This 15 Min Scalping Strategy can be used with any currency pairs that are used for trading in the market. Any market can use it for trading such as forex, stock and other markets. This is a forex trading strategy that is also used to know the total exit and coming entries in the market. This strategy can only use RSI indicators for its result generation.
Download 15 Min Scalping Strategy MT4/MT5
There is no need to use expensive or complex indicators. If a trader have a great experience with this 15 Min Scalping Strategy then this much beneficial for gaining profit in a short time. So do practice and earn profit. This is a best way and it provides a key to the traders that they can make money with short time investment. The little investment can give a big profit to the investor.