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Mastering High Probability Scalping Series - Free Tutorial

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Mastering High Probability


Scalping Series - Free Tutorial
VOLUME 1
What Is Covered In This Module.

1. The Many Opportunities In Scalping The Forex Market.

2. Directional Bias For Higher Timeframe Institutional Sponsorship.

3. The Most Probable Times Of The Day.

4. Framing High Probability Setups For Runs On Liquidity.

💡 THERE WILL BE TIMES WHEN SCALPING SETUPS OVERLAP WITH


LONGER TERM CONDITIONS. E.G. ONE SHOT ONE KILL ENTRIES,
SWING TRADE ENTRIES ETC.

Short Term Scalping


A Short Term Scalp Is A Simple Approach To Running Out Previous Day's
Highs & Previous Day's Lows, Targeting The Buy Stops Above Previous Days'
Highs & The Sell Stops Below Previous Days' Lows. In This Series, We Target
The Range Of The Last Three Days Including The Current Trading Day.

Mastering High Probability Scalping Series - Free Tutorial 1


The idea is to Frame Scalping Setups That Offer 3:1 Reward To Risk Ration As
A MINIMUM.

The Directional Bias Is Derived From The Daily Chart.


Target Liquidity Will Be Found On The 1 Hour Chart (Daily Highs & Lows).

When The Market is Bullish, An Institutional Mindset would be to Run The


Liquidity Above Yesterday Or The Previous Day's High. This is because traders
who seek to "capture" Highs & Lows will have their Stops Resting Above The
Highs.

When The Market is Bearish, An Institutional Mindset would be to Run The


Liquidity Below Yesterday Or The Previous Day's Low. This is because traders
who seek to "capture" Highs & Lows will have their Stops Resting Below The
Lows.
The idea of looking back to The Previous Three Days is derived from the fact that A
Swing High & Swing Low Are Formed By Three Candles (Daily Candles In This
Instance).

The Setup that is taught in this teaching Forms Every Single Trading Day. But, this
Does Not Mean That It Will Form In Only One Market Every Single Day. (Have
The Majors As A Basket To Seek This Setup In For Example).

USD/CAD

15 MINUTE

Mastering High Probability Scalping Series - Free Tutorial 2


1 HOUR

The Daily Bias Procedure (Bullish)


1. When The Daily Chart Reaches A Key Support Level, Wait For It To React
Bullishly By Breaking A Short Term Swing High.

2. After The Short Term Swing High Is Broken, Wait For The Formation Of A
Swing Low.

3. Once The Swing Low Forms After A Short Term Swing High Is Taken Out,
Wait For The 3rd Candle In The Swing Low's High To Be Taken Out On A
Day After The Swing Low's Formation (Day 4).

4. Anticipate An Optimal Trade Entry Setup Targeting The Three Previous


Days' Highs During The New York Session Of The 2nd Day After The
Formation Of The Swing Low On The Daily Chart.

The Daily Bias Procedure (Bearish)


1. When The Daily Chart Reaches A Key Resistance Level, Wait For It To
React Bearishly By Breaking A Short Term Swing Low.

2. After The Short Term Swing Low Is Broken, Wait For The Formation Of A
Swing High.

Mastering High Probability Scalping Series - Free Tutorial 3


3. Once The Swing High Forms After A Short Term Swing Low Is Taken Out,
Wait For The 3rd Candle In The Swing High's Low To Be Taken Out On A
Day After The Swing High's Formation (Day 4).

4. Anticipate An Optimal Trade Entry Setup Targeting The Three Previous


Days' Lows During The New York Session Of The 2nd Day After The
Formation Of The Swing High On The Daily Chart.

💡 THE FIRST VOLUME FOCUSES ON FINDING ONE GOOD OPTIMAL


TRADE ENTRY SCALP SETUP.

DAILY PROCEDURE PATTERN CRUDE DEPICTION

💡 THE CHARTS BELOW SHOW A BULLISH EXAMPLE OF THE MODEL


THAT IS TAUGHT IN THIS VOLUME.

USD/CAD

DAILY

Mastering High Probability Scalping Series - Free Tutorial 4


1 HOUR

VOLUME 2
The Daily Bias Procedure (Bullish)
1. When The Daily Chart Reaches A Key Support Level, Wait For It To React
Bullishly By Breaking A Short Term Swing High.

Mastering High Probability Scalping Series - Free Tutorial 5


2. After The Short Term Swing High Is Broken, Wait For The Formation Of A
Swing Low Which Does Not Break Any Recent Swing Low.

3. Once The Swing Low Forms After A Short Term Swing High Is Taken Out,
Wait For The 3rd Candle In The Swing Low's High To Be Taken Out On A
Day After The Swing Low's Formation (Day 4).

4. Anticipate An Optimal Trade Entry Setup Targeting The Previous Days'


Highs During The New York Session Of Each Day After The 3rd Day In The
Swing Low Pattern's High Is Traded Through Until A Swing High Forms On
The Daily Chart Or Until Price Reaches A Key Support & Resistance Level.

The Daily Bias Procedure (Bearish)


1. When The Daily Chart Reaches A Key Resistance Level, Wait For It To
React Bearishly By Breaking A Short Term Swing Low.

2. After The Short Term Swing Low Is Broken, Wait For The Formation Of A
Swing High Which Does Not Break Any Recent Swing High.

3. Once The Swing High Forms After A Short Term Swing Low Is Taken Out,
Wait For The 3rd Candle In The Swing High's Low To Be Taken Out On A
Day After The Swing High's Formation (Day 4).

4. Anticipate An Optimal Trade Entry Setup Targeting The Three Previous


Days' Lows During The New York Session Of Each Day After The 3rd Day
In The Swing High Pattern's Low Is Traded Through Until A Swing Low
Forms On The Daily Chart Or Until Price Reaches A Key Support &
Resistance Level.

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💡 VOLUME 2 SETUP GBP/USD EXAMPLE.

GBP/USD

DAILY

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15 MINUTE

VOLUME 3
Inner Circle Trader Power Of 3 Concept (Bullish)
1. Confirm That The London Session Was Bullish.

2. Wait For 7:00 AM New York Time To Stalk The Buy Setup.

Mastering High Probability Scalping Series - Free Tutorial 8


3. Between 7:00 AM - 9:00 AM New York Time (New York Open Killzone), The
Setup Will Form.

4. After 7:00 AM New York Time, Wait For A Retracement.

5. The New York Session Will Retrace From The Intraday Swing High.

6. Ideally, Select Retracements Of At Least 20 Pips.

7. If There Is No Retracement By 9:00 AM New York Time, Walk Away From


The Trade Idea.

8. If The Setup Does Form, Enter The Buy On The 62% Retracement Level As
Price Drops.

9. Expect Price To Retest The High Of The Day Then The Targets 1 & 2 On
The Fibonacci.

BULLISH POWER OF 3

15 MINUTE

Mastering High Probability Scalping Series - Free Tutorial 9


Inner Circle Trader Power Of 3 Concept (Bearish)
1. Confirm That The London Session Was Bearish.

2. Wait For 7:00 AM New York Time To Stalk The Sell Setup.

3. Between 7:00 AM - 9:00 AM New York Time (New York Open Killzone), The
Setup Will Form.

4. After 7:00 AM New York Time, Wait For A Retracement.

5. The New York Session Will Retrace From The Intraday Swing Low.

6. Ideally, Select Retracements Of At Least 20 Pips.

7. If There Is No Retracement By 9:00 AM New York Time, Walk Away From


The Trade Idea.

8. If The Setup Does Form, Enter The Sell On The 62% Retracement Level As
Price Rallies.

9. Expect Price To Retest The Low Of The Day Then The Targets 1 & 2 On The
Fibonacci.

BEARISH POWER OF 3

Mastering High Probability Scalping Series - Free Tutorial 10


15 MINUTE

When To Expect Reversals


When The 1 Hour Chart Trades To An Obvious Old High Or Old Low That Has
Shown A Clear Willingness To Reverse Price Before, A Reversal Will Likely
Repeat.

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Sometimes, Price Will Not Respect An Old High Or Low And These Generic
Support & Resistance Levels Will Give Way To Price. We Are Never Really Too
Sure.

It is far better to Expect These Support & Resistance Levels To Cause A


Reaction. There are Plenty Of Moves & Price Swings Between These Higher
Timeframe Price Points.

GBP/USD
1 HOUR

Money Management
Consider Using 1% Per Setup & gradually working your way up to 2% if this meets
your ''Risk Tolerance''. It is Important Not To Try To Swing For Home Runs Or To
Take Larger Risks.
Over-Leveraging Will Impede Your Development & Drastically Decrease Your
Chances Of Seeing Possible Equity Growth.

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MASTERING HIGH PROBABILITY
SCALPING SERIES COMPLETE. THANK
YOU FOR THIS VALUABLE INSIGHT.

Mastering High Probability Scalping Series - Free Tutorial 13

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