GBIH| Gold Trading | Session 1- April-6

1. GOLD SCALPING TRADING SYSTEM

2. Table Of Content:
What Is Scalping?
The Triple S Simple Scalping Strategy Rules -
Best Scalping System
Top Indicators for a Scalping Trading Strategy
What Is Gold Scalp Trading System?
Gold System Trading Rules
Chart Setup

3. Scalping
Scalping is a trading strategy designed to
profit from small price changes.
 With profits on these trades taken quickly
and once a trade has become profitable.
Scalping relies on the idea of lower exposure
risk.
The actual time in the market on each trade is
quite small, lessening the risk of an adverse
event causing a big move.

4. The Triple S Simple Scalping Strategy
Rules - Best Scalping System
Apply Best scalping strategy indicator: Volume
Go to an M5 or M15 Time Chart
Of the Best Scalping System is to Analyze the Volume
Indicator: Look for a healthy Uptrend or Downtrend.
 Find pullback in Price action and wait for Volume to
Slow Down or “Quiet down.”
Once you see the Volume Rise/Spike (after if slowed
down) Make your Trade Decision Based on Current
Price Action: Best Scalping System.
Entry/Exit Strategy for the Simple Scalping Strategy

5. Key Takeaways
Scalpers seek to profit from small market
movements, taking advantage of the constant
market activity.
Scalpers can meet the challenge of this era with
three technical indicators that are custom-tuned
for short-term opportunities.
You'll know those conditions are in place when
you're getting whipsawed into losses at a greater
pace than is usually present on your typical
profit-and-loss curve.

6. Volume Indicators For A Scalping
Trading Strategy
 Moving Average Ribbon Entry Strategy
 Relative Strength/Weakness Exit Strategy
Multiple Chart Scalping
The Bottom Line

7. Moving Average Ribbon Entry Strategy

8. Relative Strength/Weakness Exit
Strategy

9. Multiple Chart Scalping
 Pull up a 15-minute chart with no indicators to keep
track of background conditions that may affect your
intraday performance.
Add three lines: one for the opening print and two for
the high and low of the trading range that set up in the
first 45 to 90 minutes of the session.
 Watch for price action at those levels because they will
also set up larger-scale two-minute buy or sell signals.
In fact, you'll find that your greatest profits during the
trading day come when scalps align
with support and resistance levels on the 15-minute,
60-minute, or daily charts.

10. Bottom Line
Scalpers can no longer trust real-time market
depth analysis to get the buy and sell signals.
 They need to book multiple small profits in a
typical trading day.
Fortunately, they can adapt to the modern
electronic environment and use the technical
indicators reviewed above that are custom-
tuned to very small time frames.

11. Gold Scalping
Key elements:
 Timeframes: M1
 Assets: gold, silver
 Indicators: Williams’ Percent Range: Fast (9) and Slow (54) With -30 and -
70 periods
Algorithm of a “buy” scenario
 You need to buy when both slow and fast oscillators break above -30.
 Close your position when the fast oscillator (9) leaves the zone. Stop loss
goes several pips below the support level nearby.
Algorithm of a “sell” scenario
 When you consider opening a short position, you need to sell when both
slow and fast oscillators break below -70 and close when fast leaves the
zone.
 Stop loss is placed several pips above the resistance level nearby.

12. Gold Scalping Trading System
 A great scalping trading system for trading
gold.
It’s composed of an RSI trend indicator,
together with an accurate buy/sell arrow
scalping indicator.
The system is built to buy and sell gold
(XAU/USD) in an existing trend, “buy low and
sell high” principle.

13. Gold System Trading Rules
Buy conditions
RSI Filter indicator orange color (trend up)
Buy sell arrow scalper indicator draws blue arrow
==> Open buy position.
Set stop-loss slightly below the most recent support
level.
Close buy position ideas
Wait for the scalping indicator to draw a red arrow
(short-term bearish).
 Set your own profit target, for example 100 pips.

14. Chart Setup
Used MT4 indicators: buysellarrowscalper.ex4
(default settings), RSIFilter.mq4 (default
settings).
Preferred time frame(s): M5, M15, M30.
Recommended trading sessions: London and
US.
Trading instrument: gold (XAU/USD).

15. GOLD SCALPING TRADING SYSTEM

16. THANKS FOR LISTENING
GOLD SCALPING TRADING SYSTEM