Here, I will present a 1-minute scalping trading technique that you can use for your Forex trading. You may use any currency pair that involves majors for this strategy.
The indicators that will be used in this trading strategy are Bollinger bands (18 period) and the RSI indicator. We will also use the MACD indicator and the 3EMA indicator.
With the long entry, you must wait for the 3EMA to cross above the 18 Bollinger bands middle line. In addition, the RSI needs to be above 50 and the MACD histogram needs to be above 0.
This is a simple but very effective trading technique. Note that scalping usually requires a sizeable investment in order to be worthwhile. Therefore, you must be able to commit to this in order to get the best results with scalping.
So, you should exit a long trade when the RSI drops below 50, the MACD histogram is below 0 or the 3EMA crosses below the 18 Bollinger bands middle line.
You should exit a short trade when the RSI is above 50, the MACD histogram is above 0 or the 3EMA crosses above the 18 Bollinger bands middle line.