Scalping Course: Beginner to Advanced (ULTIMATE Guide)

I want to share with you the three High win rate sculping strategies that will get you to making your first 10K per month and if you have a small trading account these strategies should be perfect for you the first step is to identify your supply and demand zones and you can do that by identifying any one of these four types of supply and demand zones so as you can see that is reversal and continuation zones let's go from left to right so the first reversal Supply demand zone is your R base drop is basically when price goes up consolidate and reverse and hit back down and then for a continuation Supply Zone that means price should be going down starts consolidating and then eventually it breaks off the consolidation and continue going down in the downtrend and then for your demand zones this is what a reversal will look like your drop base ready so it's basically when price drops starts consolidating and starts reversing in and heading back up and then for your continuation is basically your ready base ready it's basically when price goes up consolidate and then continue going up even further now these are the four supply and demand zones namely your ready base drop drop base drop drop base ready and ready base ready now if you want to learn more about supply and demand check out this video next so in this strategy we will combine both price action and supply and demand because these two concepts have been proven to have the highest win rate and they are also my favorite trading strategies now the first strategy is the momentum candlesticks strategy so as you can see like I said the first thing you want to do is to mark up your supply and demand zones and we can see right here price is approaching a supply Zone that we have drawn earlier so at Supply Zone we know that there will be sellers waiting to shut the price down so what we want to do is to wait for some sort of bearish price action some sort of signs that tell us that the sellers are entering the market and the bullish buyers are going away so what I want you to look out for is this long Weck dogee Candlestick so in a supply Zone you want to look out for a Candlestick with a long upper Weck and then in a demand Zone you want to look out for a Candlestick with a long lower week so what does this Candlestick mean this means that at some point of time the buyers Tred to push the price all the way up to this level right here before the sellers come in and say hell no and push the price all the way back down here so that Candlestick actually ended up closing somewhere right around here this signifies that the sellers are entering the market right now or if not they have already entered the market and that is exactly why price is getting rejected at this key Supply zone right here right now the selling momentum is about to come in and and overtake the whole buyers momentum now this is the first sign of sellers entering the market the first sign of selling pressure and selling momentum so if you want to play it safe what you can even do is to evaluate the next few candlesticks that's going to form because you might not be confident enough to enter immediately on this trade it's okay you want to play The Safe Way play the lowrisk way so what I recommend you to do is to actually evaluate the next VI candlesticks so this next F candlesticks has just been formed let's just look at what it's trying to tell us right it's all about understanding candlesticks understanding candlesticks momentum and pressure over here we see a doe Candlestick that's being formed after this long upper week candle is formed this tell us that there's a lot of indecision right right now the sellers and the buyers they are fighting a war right now they are fighting a t of war and they have no idea which one will win which brings me to the next Candlestick next Candlestick it gave us another RI Candlestick and another red Candlestick this just clear as they tell us that the sellers have managed to enter the market so over here that is when you can potentially enter for a sell position basically you want to enter for the trade when you see some sort of bearish price action at a supply zone so entering here would be the safe way but if you want to get a sniper entry what you could have done earlier is to enter web price has formed this long upper week candle and then this is when you can place your stop loss above this key Supply Zone and I recommend you to place your thck profit at the next opposite Zone which will be some sort of demand Zone that is like somewhere right around here that is where I will personally place my take profit so once again make sure that you have at least a one is to three risk to reward ratio this means that you can be wrong three times and just win one trade and you will be able to break even so let's look at how this trade play out you can see price eventually goes down and smash our take profit now let's look at an example in an uptrend so over here what is this demand Zone this is your R base and potentially it could be making a rally somewhere right around here so what we can do is to mark up our demand Zone somewhere right around here and you can see price has managed to come back down to this demand Zone and like I said what we want to do is to wait for some sort of bullish price action at this demand Zone and that is when we can enter the trade so even though price has managed to come back down to this demand zone I'm not going to be entering yet I want to wait for some sort of Candlestick confirmation which brings me to this Candlestick right here now this is your long lower week candle right this is what we call a bin by if I'm not wrong so what this Candlestick means is that the sellers try to push the price all the way down here they tried right they tried to break past this demand Zone but that's all they did they tried they did not manage to succeed because the buyers have came into the market and pushed the price all the way up the boots are winning clap for the Boost Chicago poost 96 Michael Jordan but back to trading basically right now buyers have entered the market that is the first sign of buying momentum and buying pressure so what you can do is to enter for a buy right here and like I said if you want to play it safe by all means go ahead with for the next few candle you can see like next candle it give us this huge candle not very huge actually a mediumsized green bullish candlestick with a nice nice body not as nice as mine but basically this is when you can enter for a buy if you want to play the safe way for me I personally have entered immediately after price gave me this long low weight candle at this demand Zone and then that is when you can place your stop loss below this demand Zone and place a take profit at the next Key Supply Zone which could be right here this little uh demand Zone Supply zone right here let me just change the color cuz I have OCD so there you have it guys so you can see price RS up go up hit I'll take profit and record a day I go home go to the bank take some money out trade my family to some nice dinner now don't worry if you still don't get it yet if you have been watching my videos you will know that I will always give you guys more examples and explain in a clearer and a more simple way so that you can gain a better understanding so over here you can see we have a demand zone right here and price has just did this drop so right now we know that this is a demand zone so we are waiting for your drop base ready right so that is when we can continue to wait wait up for some sort of bullish price action you can see that is exactly what we had right our beautiful long legged Candlestick right here long legs so over here when price gave us this long lower week candle we know that the buyers have entered the market so we can enter for a buy right here place a stop loss below this demand Zone and place a take profit at the next key level the next Key Supply Zone even one is the two let's get it you can see price eventually goes up smash or take profit as simple as that so the example was more risky because we entered immediately when price gave us the long we candle but let's try the more PL safe the more less risky way the less the more way so right here price is making your rally base drop at this Supply zone so so this is our first step right we identify your supply Zone somewhere right around here see Supply zone right here so what we can do next is to wait for price to get this Supply Zone and show off some sort of bearish price action and then that is when you can enter for the trade so you still wait and wait and you can see right here price managed to go up and it actually got rejected by the supply Zone how do we know you got rejected because that is your long upper week right like I said they tried the Boost tried to overtake the best but the best are just way too strong right now since we are doing the play safe way I won't necessarily enter for the trade right here after price gave me this long week candle let's evaluate the the next few candlesticks so you can see this is uh another dogee like some sort of dogee Candlestick and Then followed by another weak Candlestick and you can see that is one two two red Candlestick so far right some sort of sellers momentum is coming in there's a momentum shift somewhere right around here and boom there we have it guys immediately after this few candlesticks have been formed right and after the long Candlestick has been formed the best came in and overtake the whole market and just push the price all the way down but make no mistake because if you look at this Candlestick there is actually a long upper week so what happened here basically price got pushed all the way up because the Boost wanted to make a second attempt at breaking past this key level and then once again the Bears decided to come in the sellers come in and say hell no once again and push the price all the way down and it ended up closing right here now l ladies and gentlemen if you still don't know that this is a sell trade I don't know what to say to you you must be an absolutely idiot so as you can see if you enter for a sell right here and you place your take profit like at this demand Zone that we have right here this green little demand zone right it could be a little bit too late it could be a little bit too late because now if you enter for a trade right here your stop loss must be all the way up here and your take profit will only be like right here so it's like a not really worth it right it's not really worth it to enter for this trade that is why if you want to enter for this trade you have entered somewhere right around here somewhere right around here when these next few candlesticks have gave you the confirmation that sellers have been entering into the market or like I said sniper entry will be right here now you don't necessarily need to find Long Wick candlesticks because they can be quite hard to spot sometimes so the first step will always be the same and that is to identify your supply and demand zones so right here we can see that there is a supply zone right here because there is obviously there's a lot of sellers at this area here right now this could be your ready base drop so over here we can see that price is consolidating at this area here and you can see that there is a lot of Candlestick wigs you can see all these are Candlestick wigs all these are a lot of Candlestick wigs so what does this tell us when you see multiple weeks this tell us that that is a lot a lot of uncertainty that is a lot of indis and when you notice all these candlesticks right here they all have a long upper we candle and they have a small Candlestick body and just now I've already explained to you what these long upper weight candlesticks mean right so obviously this tell us that there's a lot of selling pressure a lot of selling momentum and price could potentially collapse right now when you're looking for multiple week rejections make sure that you look for at least three multiple weeks at least three Candlestick weeks 1 2 3 three weeks good to go but basically the reason why that it was even multiple weeks is because price has tried to challenge this key Supply Zone multiple times right the buyers tried the buyers tried to push the price up but they failed 1 2 3 4 5 6 7 8 eight times right eight times they failed miserably and since they failed so many times you will know that this is a very strong Supply zone right the sellers are waiting to literally shoot the whole and get it all the way to the floor I don't even have any idea what I'm talking about here but basically when you see multiple wig rejections at a supply Zone enter for a sell so this is where I'll potentially enter for a sell place a stop loss Above This multiple weeks here or you can even place it above this key Supply Zone and then same thing take profit at the next key zone right the next key demand Zone or basically the next key level and you can see price immediately just collapsed all the way down here's another example right here we can draw a key demand Zone because there was a drop base rally and right now we could be expecting to see price do the same thing because price has just been dropping and dropping and you can start to see like the momentum starts fading away right the candlesticks are getting smaller and weeks are starting to form so we could be expecting price to come down to this a here the sellers will start to show some sort of weakness and then then is when we can potentially enter for a buy so right here we are waiting to see what price does at this key demand Zone and you can see okay DOI Candlestick another we Candlestick and another Candlestick week guys like I said you must look for at least three Candlestick weeks right this signifies that is multiple week rejections at this key demand zone so very very strong demand Zone and that is when we can potentially enter for a buy right here when price has shown us multiple weak rejections at this this key demand Zone place a stop loss below this demand Zone take profit all the way up at the next Key Supply Zone somewhere right around here now obviously if you place your take profit all the way up here it's going to take quite long to reach there it could be taking up to an hour or so so what I can even do is to place at this key level right here this key level here that price has broken past as broke past this support level and now it could potentially be a resistance level so that is when you can place your take profit right here and then look at what happen next you can see price starts to go up go up and go somewhere now around our take profit area right here and it starts to consolidate right starts to consolidate once again observe the price action what does this tell us this tell us that this buying momentum could be fading away right because price doesn't have the strength to reach this area here so what I can even do is to manually take profit somewhere right around this area here because now you you can start to see like oh the candlesticks are getting smaller and smaller there's not much momentum left right so man go close the trade now for this strategy we'll be using the eight exponential moving average these are the settings you can copy them if you want now same thing first step is to identify your supply and demand Zone and I can identify a demand Zone being formed right here because price has just did his drop base and it could potentially be doing a ready soon so right now what we want to do is to wait for the moving average to cross over the candlesticks and then that is when we can potentially enter for a buy so right now we are still waiting and you can see somewhere right around here the candlesticks has crossed over the moving average what does it mean this means that a reversal is prone to happen a reversal is about to happen you can see before that the candlesticks are all below the white line which is the moving average and now the candlesticks have crossed over the white line and they are now above the moving average so easily enter for a buy somewhere right around here where there was the moving average crossover stop loss be below this key demand Zone and if I take profit I like to place it at the next Supply Zone like I said there's a supply zone right here right e clear as day this is the supply Zone because there was a ready base drop yeah very strong demand zone right here so that is when we can place our take profit all the way up here and let's not waste my time so just go up there and smash our take profit obviously this is actually a little bit longer yeah this is actually a little bit longer for your take profit to hit because understand that it's going to take you a fews hours for this trade playout so instead of placing your take profit here what you could have done is that you could have place your take profit somewhere right around here where there was another another lit Supply zone right here yeah so this will be a much more faster trade but for me when I'm sculping I'm more of a mix between a scalper and intraday Trader so I'm perfectly fine with moving my take profit up here and having like a 40 30 to 40 Pips take profit and you can see price eventually went up there break past the supply zone so after you have taken profit from this trade guess what you should be looking for the next opportunity so over here what we can see is that price is forming your supply zone right here right there is a supply Zone being formed right here you can see super long upper Weck right here and then there is multiple rejections at this key Zone that we have right here so what we can do is that knowing that this is Supply Zone we have to wait for the moving average to cross over and that is exactly what price gave us previously the candlesticks are above the moving average and then over here that is when the candlesticks start to cross below the moving average now that's the first Confluence the second Confluence is that if You observe closely that is your multiple week rejections right here so multiple week rejections and then there is also your long upper week right here now we have all the confluences in the world for us to enter for a cell right here moving average cross over long upper week candle multiple week rejections clear as day that price is about to collapse so that is when when you can enter for the trade right here place your stop loss above the supply Zone take profit all the way down at this next demand Zone that I have right here now like I said understand that this will be more of a intraday trade already if you do decide to trade this way but if you are more of a scarper feel free to take profit like somewhere right around here right at the next key Zone and as you can see price goes down smash your take profit and you can call it a day but for me I most likly like to have the take profit all the way down here and you can see price eventually went down and smash out my take profit now this is more of like a sniper entry type right this is really how I really get like my low risk High reward ratios where people are always asking me oh my God why are you entering on like such small time frame when you are intraday trading or when you are swing trading is because you can get nice sniper entries like this with very very high Precision now over here price has came down to our demand Zone what do we do next we look for the next opportunity once once we get out of this one right so right now once again I'm waiting for some sort of moving average cross over right some sort of moving average crossover like this right clear as day moving average crost over right here you can end up for a buy right here stop loss below this key demand Zone and once again guys look for other confluences as well you can see there is a multiple weak Candlestick rejections right here at a demand Zone and also a moving average crossover easily three Confluence easily enter for a buy right here take profit this next Supply Zone that we have right here see price hit our take profit right here and I can see potentially go up to the next Key Supply Zone that we have right here right what you could have even done for this trade is that you can take partial profits so when price Reach This First Supply Zone close half the trade and then when price reach this second Supply Zone close the other half of that trade now for me I don't personally like to take partial profits anymore what I like to do instead is to scale in because when I'm winning I want to get that position bigger and make more money so what I could have done in this trade is that where price from another demand Zone somewhere right around here somewhere right around here there was another demand zone right so this is when I will be looking to enter for the trade enter my second trade scale into this position remember my first position could be somewhere right around here right remember my first position is where I enter somewhere right around here where the moving average has crossed over and let's say My overall take profit is all the way up at this second Supply zone now over here when price has formed a new demand Zone where price is R base and it's about to R to continue this uptrend I'm potentially be looking for another long trade right so that is when I will enter for another buy somewhere right around here when a moving average has crossed over and this Candlestick has also shown me that it has a very long long not really long but like an average low Weck which show us that this demand zone is going to hold and I can place my second take profit like somewhere right around here so easily place your stop loss below this new demand Zone and what you can even do is to move your stop loss for this first trade into like somewhere right around here somewhere right around here so basically you can move your stop loss somewhere to right around here now both your trades right the stop loss will be somewhere right around this area here when you do that you are literally limiting your risk now even if you lose this trade even if you get stopped out guess what you are walking away risk free you have not lost a single B of money because you have managed to think clearly so now I have two trades running to my overall take profit and I make not just one profit but double the profit now I really thought about whether to share this sculping strategy with you guys or not because these three sculping strategies have been so valuable to me throughout my past few years of trading and I've never really shared this with anyone but I really wanted to just share this video with you guys so I'm not going to ask you to hit on the like button because I know know that you would definitely hit on the like button because this video has been so valuable and just look at the quality of our videos it has been increasing and I'm spending more and more money investing in better equipments better editing so automatically hit that like button hit that subscribe button make more money for the channel so that more money can be going back into improving the quality of our videos and when the quality of our videos increase guess what you get more educational more valuable and more higher quality 4K videos just like this now in order for this sculping strategy to work you need a very deep understanding of supply and demand Zone which you can learn in this video right here and remember you're just one trade away mAh