The video provides a mobile scalping strategy using the factor and alligator indicators to find trends and entry points. The strategy is simple and can be used on different pairs. The higher time frame is important to determine the trend.
The Best Mobile Scalping Strategy: A Step-by-Step Guide
Introduction
Understanding the Vowel Trend of the Market
Using the Factor Indicator on Weekly Time Frame
Adding the Alligator Indicator on Forward Time Frame
Scalping within the Direction of the Market
Identifying Entry Points on Lower Time Frame
Trading and Risk Management
Trying the Strategy with Different Currency Pairs
Taking the Trade without Fear
Conclusion
Introduction
As a trader, being able to access the market using your mobile device can be very convenient. However, it’s important to have a strategy that you can use on the go. In this article, we’ll be discussing one of the best mobile scalping strategies out there.
Understanding the Vowel Trend of the Market
Before we can start scalping, we need to get a sense of the overall trend of the market. This involves looking at the weekly and monthly time frames. Using the Factor Indicator, traders can quickly understand the trend of the market and determine whether it’s an uptrend or downtrend.
Using the Factor Indicator on Weekly Time Frame
The Factor Indicator is a powerful tool that can help you identify the trend of the market in just a few clicks. By adding this indicator to the weekly time frame, traders can quickly see if the market is giving a signal to push up or down. The indicator makes it easier to go to lower time frames and find a position or trade within that trend.
Adding the Alligator Indicator on Forward Time Frame
On the forward time frame, traders can add the Alligator Indicator to help identify levels to trade. By using this indicator, traders can look for positions to scalp within the direction that the market is moving. The Alligator can help identify entry points for trades, enabling traders to trade with confidence.
Scalping within the Direction of the Market
To scalp effectively, traders must follow the direction of the market. Using the higher time frames as a guide, traders can follow the trend and find positions to trade within that trend. By using the Factor Indicator on the weekly time frame and the Alligator Indicator on the forward time frame, traders can quickly identify levels to trade.
Identifying Entry Points on Lower Time Frame
To identify entry points, traders need to go to lower time frames such as the 30-minute or 1-hour time frames. By looking for positions to scalp within the direction of the market, traders can find entry points and place their positions. It’s important to be patient and wait for price to push out of those levels.
Trading and Risk Management
When using this strategy, traders must focus on risk management. By sizing positions correctly and setting targets for profit, traders can minimize their losses and maximize their gains. It’s important to trade with discipline and avoid taking unnecessary risks.
Trying the Strategy with Different Currency Pairs
It’s always a good idea to test a strategy with different currency pairs. Traders can try this strategy with pairs such as USD/JPY, and see if it works with other pairs as well. By testing the strategy with different pairs, traders can get a better sense of how it works and how effective it is.
Taking the Trade without Fear
When using this strategy, it’s essential to take the trade without fear. If the market breaks and comes back, traders should take the trade without hesitation. As long as the higher time frames are in the same direction as your trade, you should have confidence in taking the trade.
Conclusion
By following this guide, traders can use one of the best mobile scalping strategies out there. By understanding the trend of the market, using the Factor and Alligator indicators, and scalping within the direction of the market, traders can set themselves up for success. Remember to always trade with discipline and focus on risk management.