The Best Scalping Strategy You'll Ever Need (Making $26,000 With Backtested Results)

So, we're just going step by step on the checklist. We obviously are have our EMA, we're on Heikin-Ashi candle six. The next step that we're then waiting for is market structure either above or below the EMA. As we see here, price broke above the EMA right here. It sold down, creating a new low, which in turn created market structure above our EMA. So, with that being said, we're now looking for buys, but first before we enter buys, we want to see at least a clean pullback to the downside. Here you see we had this first pullback. Price bought up here, and then we had our second pullback. We wouldn't enter on this first pullback or even look for an entry on this first pullback because this is just showing us market structure above the EMA. That's just telling us, "Okay, we can look for buys." But this second pullback here, we can. And remember, in order for it to be a valid pullback, we need to see at least two of these clean candle six right here, these candle six that have no wicks on the top. As you see, we have way more than two of them in this pullback, so that's valid. The next step is we're simply waiting for a doji candlestick, a high-volume doji candlestick to form. This is a doji candlestick. It's simply a candlestick that has a small body but long wicks on the top and the bottom, preferably equal-size wicks. They don't have to be exactly equal as far as the size of the wicks, but they should be very close enough to equal in size. The main point is that we're seeing wicks on the top and the bottom with a small body. That's a doji candlestick or an indecisive candlestick, which means if the market is indecisive after selling down, it's probably going to reverse and start going up. And we already know that we're overall in an uptrend because we're above the EMA, so that's when I would enter the trade. Now, I mentioned it has to be a high-volume doji candlestick, and it's simply the candlestick has to be bigger than the candlestick before that one or the one before that one. In this instance, this doji candlestick is not bigger than the candlestick before it, but it's bigger than the candlestick before that one, therefore making this entry a valid entry based off of a high volume doji candlestick. So, once we have that, as soon as this candlestick closes, we're entering when it closes. We're not entering while it's forming. As soon as this candlestick closes, we'd enter for a buy. We'd put our stop loss right below the candlestick that we entered on. And then we're dragging our take profit until the risk / reward ratio says at least a one. Now, as I mentioned, this can be held a lot longer. As you can see, it hit over a two to one. It hit over a three to one. But, most of the time I hold this trade for a one to one because this is a scalping strategy and most of the time I want to get in and out within a few minutes. And as you can tell, this trade actually ended up winning in two minutes, which we can't complain about. Now, this is one example. There are multiple examples that happened this day. Um as you can see right here, we had another one. So, price started going back up to the upside. We had a pullback, a clean pullback cuz we see at least two of these flat top candlesticks. Then we had our doji candlestick right here, small body, big wicks on the top of the bottom. And the size of this doji candlestick is bigger than the candlestick before it. And it's also bigger than the candlestick before that one. So, this is definitely a valid doji candlestick for an entry. We enter right on it. Stop loss below the entry. Drag this for a one to one. And this trade ended up hitting within three minutes. Then we literally had another setup right after. We had a pullback to the downside. Big doji candlestick and we entered for a one to one. Super simple setup. Now, let's go over the stats that I've had in two weeks of trading this strategy. So, here we can see the win rate hovers around a 75%. Now, I'm going to be honest with you guys, this strategy most of the time the win rate when I'm trading it over the past two years or so has averaged between high 60% and the highest I've seen is about 78 or 79% win rate with this strategy. So, ultimately, the win rate is pretty solid. As you can see, in 2 weeks, we took a total of 32 trades, which comes out to a little bit over two trades per day. We were able to make a total P&L of $26,000 on a $10,000 account, which is perfectly fine. Um the average risk-to-reward ratio here, as you see, is a 1.41. And the reason why it's not a straight one-to-one, even though we're always going for a one-to-one risk-to-reward ratio, is because when we're entering these trades, right? I told you guys we're entering right at the close of the candlestick. And every time I draw these long position tools, or I plan out my trades with the long position tool, or um short position tool, I'm putting it at the top of the candle. But, with Heikin-Ashi candlesticks, the top of the candle is not where price closed. So, I mentioned we enter the trade as soon as price closes. So, price honestly could have closed down here on this candlestick, and I would have entered right here, but I always plan my trades out as if price uh closed at the top of the candlestick to get that one-to-one. But, essentially, [clears throat] if price closed right here, I actually entered right here, and I got a 1.6-to-1 risk-to-reward ratio versus a one-to-one risk-to-reward ratio. So, that's why you see the average RR um is higher than a one-to-one risk-to-reward ratio here, which is great. It works out. As you can see, this strategy has absolutely killed it for me. I've traded this strategy for over 2 years at this point. Now, if you didn't know, inside of my inner circle, you actually get to see how I implement all of this information inside of the markets every single day. You get to come and trade live with me every day. You have the opportunity to copy every single trade that I take in real time. You have the ability to ask me any questions, cuz I will coach you one-on-one. Now, if that's interesting for you, I'll leave a link for my inner circle in the description of this video to help you get started implementing all of this information.