Unlocking Gold Trading Success: Intense 1-Minute Scalping System

With more than 10 years of experience in trading, I have found the best gold scalping strategy. I prefer gold because of the volume it offers, as it has an excellent amount of volatility. You can scalp this pair all day long. I am referring to the XAU/USD pair, which has the perfect amount of flexibility that you can use to your advantage.
Let's get into the strategy below:
Golden Indicators:
- Volume Indicator: You need a volume indicator, which I will attach below.
- 20 SMA in the Volume Bar: Stay with me as I elaborate on what this is for and how to use it.
- Support/Resistance Area Indicator: You need a support/resistance area indicator on your chart, called SupDem, also attached below. Please note that these indicators are for MT4 version, and I apologize to MT5 lovers.
- News Indicator: Additionally, use an indicator to inform you when news is coming, so you can be aware of uncertain market volatility.

Golden Strategy:
Follow these steps closely:
Step 1: Price must be in the support or resistance area before you consider a trade.
Step 2: When I say "consider," it means you observe. Only take a trade when everything aligns.
Step 3: Start analyzing the volume:
(imagine....) Volume is below the 20 SMA.. No one is winning...Previously, buyers were the winners, so buyers are still in power.....New volume is just printed and it couldn't cross the 20 SMA, indicating buyers are still in power but losing momentum.....Suddenly, a new volume prints and crosses well above the 20 SMA, candle was red indicating sellers coming in. Perfect sell indication because it's also in the resistance area.
Step 4: Use PZ Trade Manager (or your preferred trade manager) to execute the order as soon as you have confidence. Scalping is about timing and speed.

Trade Management:
- This strategy is extremely powerful, but you must remain attentive to your order. Don't leave it unattended. Monitor how it progresses.
- If a decisive volume crosses the 20 SMA in the resistance area (and you took a sell), you can be confident it will move in your favor unless another volume overpowers the previous one.
- As the trade progresses, continuously minimize your risk. Drag your stop-loss line to a comfortable area.
- Remember, this is an aggressive procedure, and you need to remain stealthy. Soon, you will gain confidence. You'll learn that even if the last candle was big and red but price will go up because the volume was low for that candle.

Notes:
- Volume crossing the 20 SMA, followed by another volume crossing the 20 SMA, is a confidence booster.
- When volume is declining and suddenly a new volume crosses the 20 SMA, it is a directional superpower.
- Stick to trading within the support/resistance zones. Avoid trading in the middle. Out-of-zone trading is for when you become a master at reading volume.

Psychology:
- You lose only when you lose inside of yourself.
- It works as long as you believe it works.
- There's no need to beat yourself up over a market that is built on randomness.
- Hope, might, and possibilities are bad ways to trade. Confidence comes from certainty.
- A strategy is meaningless without experience. The more experience you have, the better, but it should be approached objectively.
- You may not like or feel an emotional attachment to a particular setup, but you execute it like a cold-blooded killer.
- When you lose, question why. When you win, question how.

Wish you a successful trading Journey!

(Use a zero spread account with lowest possible commission/pro account with tight spread)
Recommend zero spread broker: https://www.hfm.com/sv/?refid=376050

(This strategy is Not suitable for standard account)

Looks solid. I am also a M1 scalper ( NAS100) and love taking trades based off the information given by the volume. If you monitor and really observe the relationship between volume and price you can easily grasp who’s in control.

I love the concept of believing in yourself and your system enough to know you’ll get it on the next one and not beat yourself up.

i will do some forward and back testing on some indices CFDs and get back. Thanks for sharing your trading strategy

You are a seasoned trader. We will focus on money management and a growth that sustains.

What do you think about this?

We can use these same concepts inversely. I knew 100% price would fall below s/r level just by looking at the behavior of price vs volume.


It's a real time divergence of price and volume. Indicators try to tell you this information, but fail because they're reacting to data from bars ago.

This is how a lot of traders scalp with level 2 on the stock market, but as FOREX traders we don't have that luxury. This is the best method for scalping.

Thank you encrypt for highlighting this kind of trading.

Sorry for influx of threads, but really want to hit home the ideology behind scalping and price and volume.

Example on GOLD

current trade

edit - TP

Keep sharing! This is pure hard work and experience in play.

Little pullback after entry but knew bears had control the entire trade - honestly

3/3

Hi, I see you are using trading view so not the indicators the OP is using on Mt4.
Do you have a supply demand indi on trading view or are you eyeballing it?

correct me if im wrong encrypt because i don't use mt4, however i think the supdem support indicator is just a tool for identifying support and resistance levels - not absolutely needed, because the concept remains the same - finding sup/res levels, analyzing volume around that area and finding the best entries for quick scalps.

thanks, we will master this concept and continue to focus on money management, because when scalping your position sizes are larger and so we have to make sure we stay disciplined or we'll blow our account.

I usually exit after first push in my trade direction, with somewhat tight stop loss. I will use this exit with trailing stop to see better results. I base exits more around what volume is doing, rather than a pre determined level, but this can get you in trouble sometimes.

Patience is key!

Manually identifying S/R zones is a huge challenge. I have been testing SupDem and it works like charm. It does all the support and resistance drawing automatically as price moves.

Know that I am not completely discarding the value of manual S/R identification. If you have the experience to eyeball zones and then have the ability to incorporate volume movement to the trend. I will cheer for you. But from my experience, manual zone identification has the propensity to lead you to operation errors. Why not leave the task to a reliable indicator.

Base exits more around what volume is doing is a pragmatic idea. I will follow your lead on this.

Meantime, know that price will mostly bounce between SR bands. So we have to make sure we don't prematurely close most of our positions. Positive result requires positive expectations at its core.

Understanding volume gets you the needed confidence.

ahh I see, I will potentially get MT4 or find an indicator similar on TV. Maybe you can try to find the logic the SupDem indicator is coded around so I can find something similar. I agree that manually setting them could lead to some subjective oversights

This this this! I can’t overstate how important it is getting that confidence from volume. Makes you 100% better trader.

also, for exits…the answer probably lays somewhere in the middle. Need to listen volume, but also take zones into heavy consideration. Trading is nuanced is this is the hardest part. We will master it though.