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1 Min Easy Forex Scalping Strategy

Forex scalping doesn’t need to be complicated at all. I have developed a very simple strategy with basic indicators that can be applied to low spread currency pairs. Please use it only on the 1 min trading charts.

My Chart Setup

Indicators: 12 exponential moving average, 26 exponential moving average, 55 simple moving average
Time frame(s): 1 min charts
Trading sessions: London session, US session
Currency pairs: Low spread (EUR/USD, USD/JPY)

Download

Download the 1 Min Easy Forex Scalping Strategy for Metatrader 4.

USD/JPY 1 Min Chart Example

1minscalpingstrategy

Trading Rules

Long Entries:

  • 12 EMA crosses up the 26 EMA and 55 EMA from below
  • Open buy position
  • Place protective stop-loss below the most recent swing low
  • Exit the trade for 9 to 15 pips profit

The US Dollar/Japanese Yen chart above shows us an example of a buy and sell trade. Both trades were closed for 15 pips during the US trading session. That’s a total of 30 pips or $300. Not bad for 5 hours of trading.

Short Entries:

  • 12 EMA crosses down the 26 EMA and 55 EMA from above
  • Open sell position
  • Place protective stop-loss above the most recent swing high
  • Exit the trade for 9 to 15 pips profit
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