The main rule of the one-minute scalping strategy

The main rule of one-minute scalping is: to use only small price movements. For this to work, the trader must see potential trend reversals, react quickly and act. The strategy can be implemented in three steps.

Detecting a short-term trend

To do this, you need to closely follow the price charts, observing the direction of the movement. If the trend is moving up, you need to look for buying opportunities, if the trend is moving down, you need to look for better opportunities to sell. But the main thing to remember is that the essence of one-minute scalping is to use small price movements. Therefore, any attempt to wait for the perfect time to enter/exit a trade can end unpleasantly.

Waiting for a pullback

A pullback is a temporary reversal of price. Simply put, after the price has been moving in a certain direction for a certain amount of time, it begins to pull back slightly before resuming the movement. A scalper can spot the pullback and make a profitable purchase followed by a profitable deal closing.

The main factor in trading on pullbacks is time. A trader can easily make a false breakthrough by opening a deal too early. Therefore, experienced players recommend waiting for confirmation of a pullback before entering a trade. Only after the confirmation is received can you feel free to move into action. This behavior will increase your chances of success.

Wait for the indicator to move

A technical indicator measures momentum and can be used to determine a turning point in price. Trader can increase their chances of success by waiting for the signal before opening a trade. When the stochastic indicator is overbought, the market is expecting a correction.

If the stochastics are oversold, the market is anticipating a rally. As a result, waiting for the indicator to move in a one-minute scalping strategy can help traders avoid false signals and financial losses.

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