1M Scalping 2B2B

M1 scalping 2 Breaks 2 Bases (conservative)
The pattern can also be applied to M1 and above using 1 Break 1 Base (aggressive)
Base (engulf) is where the original price initiated the break

update: mtf engulf and 1b1b combo
https://www.forexfactory.com/thread/...7#post15294587
https://www.forexfactory.com/thread/...3#post15298003
https://www.forexfactory.com/thread/...6#post15305286
https://www.forexfactory.com/thread/...1#post15305311
https://www.forexfactory.com/thread/...2#post15305572
https://www.forexfactory.com/thread/...5#post15305735

trade management
https://www.forexfactory.com/thread/...3#post15306883
https://www.forexfactory.com/thread/...1#post15306901
https://www.forexfactory.com/thread/...8#post15307718

recommendation for most traders
https://www.forexfactory.com/thread/...0#post15359140

Trade only when the following conditions are met

1. Trade during Market Open Sessions (Local times)
Tokyo: 9 am
Asia (Singapore/Hong Kong): 9 am
Frankfurt: 8 am
London: 8 am
New York: 8 am
NYSE: 9.30 am

2. Trade with the Trend (Time frames based)
Higher Highs Higher Lows / Trend Line / 3 Candles Swing High Low
Intra day: H4/H1/M30
Scalping: M15 and below

THE TREND IS YOUR FRIEND. never fight it. disregard that at your own peril. Why?
Your best trades go with the trend.
The trend increases your win rate, reward and minimizes draw down.
Even if your trades fail, they would be lesser than otherwise.
Make use of pullback as an opportunity to ready yourself ahead of the market to join the trend.

Your biggest losses came from fighting the trend.
Traders going against the trend should seriously ask themselves why.

Make use of multi time frames.
Most traders are focusing in the lower time frames zooming in. ZOOM OUT even in lower time frames.

That's why i have only one direction trades most of the time each single day.
Unless I encounter the daily support n resistance and multi time frames confluences to counter trend.

3. Trade around HTF significant Key Level (H1 and above)
Support and Resistance / Supply and Demand / Engulf.
Every single candle of Daily/Weekly OHLC is support and resistance.
https://www.forexfactory.com/thread/...1#post15274501
https://www.forexfactory.com/thread/...5#post15275025

If a trader is able to select a higher time frame level to trade around with, and that is able to match the big boys significant key level during a market session
that is the crux of the whole matter in trading, whatever and whatnot the indicators or no indicator that one uses in lower time frames. Without it, trading is like a headless chicken running around taking all the signals your indicator gives in the lower time frames.

4. Trade with LTF Entry signal confirmation
2B2B (m1)
Trade Entry: 1) Liquidity sweep. 2) Trade entry between 2nd break to 2nd base (engulf) or 1st base (engulf). Candle cannot close beyond 1st base
Stop Loss: Away from 2nd base or 1st base
Take Profit: 40 - 60 pips or to traders' discretion eg. 1, 2, 3 SnR levels away
1B1B (m1 and above). 1 break and 1 base for trend continuation
Trade Entry: 1) Liquidity sweep. 2) Trade entry between break to base (engulf). Candle cannot close beyond base
Stop Loss: Away from base
Take Profit: 40 - 60 pips or to traders' discretion eg. 1, 2, 3 SnR levels away

5. Final check that LTF Entry signal confirmation is supported by significant HTF Key Level (H1 and above)

An example of application of rules sequence
https://www.forexfactory.com/thread/...3#post15236703

My own personal Stop Loss (but to each his own)
https://www.forexfactory.com/thread/...2#post15237342

My own 2 types of trading
https://www.forexfactory.com/thread/...1#post15256561

Trading psychology
https://www.forexfactory.com/thread/...4#post15196584
https://www.forexfactory.com/thread/...5#post15202755

Answered question
https://www.forexfactory.com/thread/...2#post15222472

Is this only for GOLD?

The mighty trend that GOLD is currently in, every single trend following system will produce good result.

i am now working on gold whose average range is 40 - 60 pips move.
one can apply this to other pairs but must find out the the average range for that pair.

will see what happens for this counter trend during london open.
not the most conducive conditions.

not bad for 40 pips.
or put to BE for asia low.

It toke average, horizontal line at every 50 pips.
Vertical line every 30m increments. These will be 1 hour trades approximately.
Depending in what time zone you trade.




Average 30m ranges in point ( x 10 = pips )

good.
plus or minus 10 pips works out to be 40 - 60 pips.

mr price finally met miss asia low
double the tp with 80 plus pips.

Basically same idea ( but executed it on 5m chart )

good for you.
this example m5 with one break for a sr flip during london open

for short pips scalping tight spread is vital otherwise spead will eat amost all profit

it all depends on many things and the experience of the trader.
the broker he chooses, not trading during news, whether there is volume during trading, constantly monitoring of the widening of spreads by having the bid and ask line on the chart, etc.

That's why I keep recommending people to use futures. There is max 0.1 spread if you enter at market.

30m liquidity taken and 5 point profits booked.

what is the minimum amount to put with your broker?
does spread widen during news?

Yea, scalping was my favorite but couldn't able to master it, too much complexity

40 - 60 pips

Minimum $1500

Yes orderbook gets thinner before news comes out and gets stacked with orders again when 1st rush is over.
If you are already in the trade before news that's okay but I stay away 5m before and 1st 5m after the news to
get into trade but its my personal preference.

gold new york session

gold nyse session

gold asia session