Forex Scalping Masterclass.
Welcome to Forex Scalping Masterclass. This class is all about mastering a forex scalping strategy.
But before that.
What is scalping in Forex or What is the meaning of Scalping?
Scalping is a type of trading style where traders buy or sell a currency pair and hold it for a short period of time to make a profit. Basically in scalping traders take trades in expectations of small profits in a very small period of time. It is one of the fastest forms of trading and Scalping is one of the most famous styles of trading in forex.
Why is it so? Why so many people are interested in scalping?
Because Scalping is one of the fastest ways to make huge profits in a short interval of time And It also is because of the benefits that scalping provides as compared to other trading styles. Like.
1. Multiple setups - In scalping forex, you can get multiple setups or multiple trades in a day, unlike other trading styles where you will have to wait for a day or 2 to get 1 single setup. So basically you get more opportunities to place a trade while trading.
2. The low risk involved - In scalping there is low risk involved in each trade. You have to risk a very small percentage of your account on each trade.
3. Suitable for Small accounts - Scalping is very suitable for those people who want to start trading with a small account or for those people who want to invest a small amount in forex. You don’t require big accounts to get started with scalping.
4. Active style of trading - scalping is a very active style of trading. When compared with other trading styles like swing trading or day trading where you have to be very patient and you might have to wait for setups for days which might feel like very inactive styles of trading. In scalping, you get multiple setups. If you miss one setup the next setup will be right around the corner.
Forex Scalping if done right it is one of the fastest ways to make huge profits in a short interval of time.
But Remember if it is done right.
About the Trainer.
Daksh Murkute is a Trader and Investor with extensive experience of 8 years. He has been investing and trading in a variety of different asset classes. He is the founder of Forex Monopoly and Cryptos Monopoly - three years ago with the goal of educating the public about investing and trading. He has taught over 35,000+ students about trading and investing on various online platforms from all over the world.
Objective.
So what are the things that need to be done properly in order for scalping to work for us and be profitable?
You should have a Proper Forex Scalping Strategy - A strategy with a proper win rate, a risk to rewards, and multiple setups.
The Forex Strategy should contain instructions for proper entry and exit points i.e the strategy should have proper and clear instructions for entering a trade and also exiting a trade. This is one of the most common shortcomings I see in scalping strategies.
Proper Conformations - There should be at least 2 confirmations that a strategy should have. I have seen people selling scalping strategies in which they tell people to enter trading with one single conformation which can be risky. See keep this thing in mind forex trading is a complex process and there are a lot of variables involved in it and If you are placing a trade on 1 single confirmation then it can be very risky. You must at least have 2 confirmations before entering a trade.
Risk Management -No strategy is complete without a risk management plan. A strategy should always have a risk management plan designed specifically for that strategy.
Specifics rules for that Forex strategy - A scalping strategy should have a specific set of rules which cover the guidelines, things to avoid, proper exceptions, and different situations that might occur which trading. Each and every trade is different and there have to be certain rules which should help you take proper decisions and act accordingly.
Benefits.
This Masterclass covers each and every point properly and clearly. This scalping class covers a very profitable forex scalping strategy. This Forex Scalping Masterclass is designed so that anyone who wants to grow as a forex scalper can easily take advantage of this scalping system and turn into a Professional Forex Scalper.
Topics Covered.
In this Forex Scalping Strategy Course, you will learn.
Introduction of the world of scalping and scalpers in forex trading. This video provides you with an overview of scalping in forex and scalping trading.
2. How to choose a Broker for Scalping?
There are different types of brokers in the forex market that charge different fees. Each one of them has a different fee structure. To choose the best broker for scalping trading styles in forex, there are certain criteria that you should look for before choosing a broker for scalping. This video will help you choose the best forex broker for scalping in 2021.
3. How to set up the chart for Scalping Trading Strategy?
This video covers everything you need to know for setting up a chart for our forex scalping strategy. We have added a video that provides a step by step instructions for setting up a chart for scalping strategy in forex.
4. Forex Scalping Indicator 1.
This part covers about one of the best indicators for scalping in forex. This indicator is one of the most accurate scalping indicators and one of the best scalping indicators in MT4 and MT5.
5. Forex Scalping Indicator 2.
This second indicator which we will be using is one of the very accurate scalping indicators. This forex scalping indicator will help you take your scalping to the next level and also help you predict the next move of the forex market. This indicator is used in MT4 and MT5 for scalping.
6. Understanding Support and Resistance.
Support and resistance are some of the most used technical tools which are widely used by forex traders all around the world. Because of a lot of misinformation in the forex market, many of them don't exactly know how to use it properly. This video covers the right way to use support and resistance in scalping and how exactly you can make your scalping strategy better with support and resistance.
7. The Secret Forex Scalping Strategy.
The forex scalping strategy which we have taught in this class is the most profitable forex scalping strategy. This scalping strategy is easy to use and also helps you get a lot of setups every day. This Strategy works on charts ranging from 1 minute to 15 minutes.
Forex 1 minute scalping strategy Forex 5 minute scalping strategy Forex 15 minute scalping strategy.
These scalping techniques which are taught in this scalping system will help you trade the forex market like a professional scalper and you will never need to look for any other scalping strategy or forex scalping signals. This is one of the best forex scalping strategies in the market.
8. Rules for the Scalping Strategy.
Any Forex scalping strategy is not just trading setups. The market keeps on changing with time and each and every situation is different. If you had any experience in trading you might have seen that each and every trade is different. So in order to deal with different scenarios in the forex market, we have designed a set of rules for scalping. these rules which we have taught in this masterclass will help you deal with different market setups and also help you tackle all the problems which you might face which trading scalping strategy.
In this part of the class, we have taken out all the different types of setups that you might get using a forex scalping strategy. These scalping examples will help a forex scalper trade to be prepared beforehand. These examples will be very useful for anyone using our strategy.
10. Forex scalping Risk Management.
I always say this no strategy is complete without proper risk management. We all know that there is always a risk involved in any kind of forex trading style. No matter which trading style you use there is always risk involved in it. Risk cannot be avoided in forex trading but it can be managed. I have already added a proper Risk management plan for our Forex scalping strategy. This plan will help you minimize your risk in scalping, help you grow as a professional scalper in forex, and also will help you do forex scalping for living.
Intended Participants.
Anyone interested in Forex Trading. Beginners as well as Forex Traders.