scalping the pips!

I really don’t like scalping but when I came across this method, I fell in love with it because it works most of the time.

Now open up your 5min chart. You can use any currency pair of your choice, but it works mostly on high volatile currency pairs like the GBP/USD, GBP/JPY etc.


Insert your 3EMA(Exponential Moving Average) and BINGO! you are about to discover when to enter the trades and when to exit. Actually, when to exit is really not the problem because since its scalping, i'll advice you aim for 3-5pips only.

When to enter: - Watch out for the body of the candle, when once you can locate a body of any candle that is outside the 3EMA line, then you know something is about to happen. Dont get confused. First locate a body of a candle outside (ie above or below) the 3EMA and then next you determine the trend of the chart. Usually you are also advised to follow the trend. When you see a revesal candle (e.g a hammer) outside the 3EMA then you get ready to open your trade in the opposite direction of the trend.

It's as simple as that! If you are not clear with this method, you could drop in your comment and specify what part of it you dont understand. I'm here to help and together we make more and more pips. Happy Trading. More methods to come alongside.