EASY Scalping Strategy with NO Indicator! ONLY Price Action! [Nobody Knows This NEW Strategy]

  Рет қаралды 15,251

Soheil PKO

Soheil PKO

Ай бұрын

Easy scalping strategy with no indicator is explained in this video. Only price action is used in this 1 minute scalping strategy, which makes it highly accurate. This scalping strategy is one of the best and most accurate scalping strategy that is highly profitable. This 1 min scalping strategy can be used for trading in Forex, crypto, and stock market.
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DISCLAIMER:
Please be advised that I am not a licensed financial advisor or registered investment advisor, and this material has been prepared for entertainment and informational purposes only, and it is not intended to be relied upon as investment, financial, accounting, tax, legal, regulatory or similar advice, and it is not an endorsement of any provider, product or service.
Trading and investing in financial markets poses considerable risk of loss, so please make sure to do your own research or consult a certified financial or investment advisor. The information and contents provided on this channel do not guarantee any particular or expected outcome.
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Пікірлер: 149
@SoheilPKO
@SoheilPKO Ай бұрын
Don't forget to follow me on Twitter 😉 twitter.com/soheilpko ***** Please beware of imposter accounts and scammers *****
@shundave001
@shundave001 Ай бұрын
Thank you so much Sir!
@SoheilPKO
@SoheilPKO Ай бұрын
@@shundave001 Always welcome
@carrotchutney9253
@carrotchutney9253 Ай бұрын
May this Eid bring you and your loved ones countless blessings. Eid Mubarak, Soheil 🙏🙏
@SoheilPKO
@SoheilPKO Ай бұрын
Thanks 🙏
@chanukyabendi4132
@chanukyabendi4132 Ай бұрын
very much appreciated bro, do more easy price action strategy videos like this these videos more worthier than indicators as many of them are lagging indicators we are unable to use them accurately love from india thank you ....
@SoheilPKO
@SoheilPKO Ай бұрын
Thanks, will do!
@FrancJ5793
@FrancJ5793 23 күн бұрын
This!
@rameshupadhya1920
@rameshupadhya1920 Ай бұрын
Amazing idea, Thank you very much.
@SoheilPKO
@SoheilPKO Ай бұрын
You are most welcome
@doobydoo88
@doobydoo88 Ай бұрын
i bet so many people here went went straight to there charts after watching this, me included 😂
@SoheilPKO
@SoheilPKO Ай бұрын
👍
@mmamassage
@mmamassage 16 күн бұрын
i did
@elvlado2333
@elvlado2333 Ай бұрын
more content like this please !!! pure price action is really great 👍👍👍
@SoheilPKO
@SoheilPKO Ай бұрын
More to come! 👍
@tomdixon4341
@tomdixon4341 Ай бұрын
What a brilliant strategy, works so well!
@SoheilPKO
@SoheilPKO Ай бұрын
Glad you liked it.
@user-cr4vo4xb6k
@user-cr4vo4xb6k Ай бұрын
EID MUBARAK Soheil. GOD bless you ( : Peace and, respect from FAISALABAD, PAKISTAN.
@SoheilPKO
@SoheilPKO Ай бұрын
🙏
@S.M.G1
@S.M.G1 Ай бұрын
Sir I really love your videos❤...its really inspiring❤....and I love what you do...but may I ask....the win rate of this strategy?
@maubiukwuteno5572
@maubiukwuteno5572 23 күн бұрын
And this is why i am a loyal subscriber!!! Indicators are cool but pure prize action is 🔥🔥🔥 You are freaking amazing....more contents on pure prize action boss👍
@SoheilPKO
@SoheilPKO 23 күн бұрын
Sure I will 👍
@rozerfernando9143
@rozerfernando9143 Ай бұрын
Super explaining sir thankyou
@SoheilPKO
@SoheilPKO Ай бұрын
You're very welcome
@hemantsingh5989
@hemantsingh5989 Ай бұрын
THANK YOU SIR👍
@SoheilPKO
@SoheilPKO Ай бұрын
Most welcome
@hakimkisku1400
@hakimkisku1400 Ай бұрын
Thank you sir very much ❤❤❤
@SoheilPKO
@SoheilPKO Ай бұрын
Most welcome
@ronibarton3401
@ronibarton3401 Ай бұрын
It's a genius strategy, thank you very much
@SoheilPKO
@SoheilPKO Ай бұрын
You're welcome
@gtcstorm40
@gtcstorm40 Ай бұрын
Love it, will test this out. Hope it works with es futures.
@SoheilPKO
@SoheilPKO Ай бұрын
Best of luck!
@gtcstorm40
@gtcstorm40 Ай бұрын
@@SoheilPKO nice experiment but too many stop outs. would have to use a wider stop in any volatility. Maybe it will work better on higher timeframes. This is on es. maybe it works betetr for forex as is. tried on oil too, stopped out fast.
@SoheilPKO
@SoheilPKO Ай бұрын
@@gtcstorm40 Yes better works on Forex, and yes you can set SL wider. Just test it 👍
@sandeepshivani9241
@sandeepshivani9241 Ай бұрын
Eid mubarak Great video sir,
@SoheilPKO
@SoheilPKO Ай бұрын
Glad you liked it 🙏
@binadarabzand2701
@binadarabzand2701 Ай бұрын
Hi! Great technic, Thanks!
@SoheilPKO
@SoheilPKO Ай бұрын
You are welcome!
@binadarabzand2701
@binadarabzand2701 Ай бұрын
But, with 1% strategy, which I used, the position closes before giving a chance to play out. In BTC I put it in 2%. In alt coin, I put it in 5%. I'm not saying that it gave me the desired result, but, it gave my position a chance to play out. What do you think?
@SoheilPKO
@SoheilPKO Ай бұрын
@@binadarabzand2701 Please watch the video. It's not about setting SL 1% of entry. You set your SL based on your analysis.
@binadarabzand2701
@binadarabzand2701 Ай бұрын
@@SoheilPKO Don't you think our country person should learn about the crypto. They work it on a hear say. Some may make it in short term, but, they all lose it on the long! Maybe there is a way to educate them. As you are educating me.
@djkullkent9392
@djkullkent9392 5 күн бұрын
Hello sir, thank you so much for this wonderful strategy... I really appreciate. Please I have question, what if it's the wick that broke the support or resistance. Is it still valid?
@SoheilPKO
@SoheilPKO 5 күн бұрын
No, the candle should be closed above/below the level. In technical analysis, when it comes to breakouts, closing of the candle is important.
@djkullkent9392
@djkullkent9392 5 күн бұрын
@@SoheilPKO Ok. Thank you very much, sir!
@SoheilPKO
@SoheilPKO 5 күн бұрын
@@djkullkent9392 Always welcome
@sassysilver4451
@sassysilver4451 10 күн бұрын
This is cool. You could put the 1 minute chart and the 5 minute chart next to each other to make it easier.
@SoheilPKO
@SoheilPKO 10 күн бұрын
👍
@stevecristea3082
@stevecristea3082 Ай бұрын
what happens if the trade entry candle is not the same color as the broken candle (ex. in a short position, broken candle is red and trade entry candle is green) do we ignore the entry or still go in? I ask because then the stop loss will not work.
@SoheilPKO
@SoheilPKO Ай бұрын
SL is set below the low, or above the high of the breaking candle. In practice you enter a trade when the breaking candle is closed and next candle just opened, and it's far from the SL, unless it's a very short candle which is not a valid break.
@TirtyFantasy
@TirtyFantasy Ай бұрын
Sir, what are the strategy you use for binance futures cryptocurrency trading?
@SoheilPKO
@SoheilPKO Ай бұрын
Take a look at this one: kzbin.info/www/bejne/pIi7qJx_msd2hsU
@assambharat6404
@assambharat6404 Ай бұрын
Sir, please also if may be possible teach us the best SMC Indicator
@SoheilPKO
@SoheilPKO Ай бұрын
Sure i will. I'm gonna make comprehensive tutorials on this subject.
@neerajthakur8061
@neerajthakur8061 22 күн бұрын
In 5 candles of 1 minute, one has to sit in front of the screen for a long time and many entries come. Please tell me some other strategy by which one has to sit less and can get reasonable profit in fewer trades.
@lobo2645
@lobo2645 21 күн бұрын
Could you make a video for this strategy making a live trading? 1 min TF it is very short if one has to calculate also risk management .... or not?
@SoheilPKO
@SoheilPKO 21 күн бұрын
Yes, risk management is a must. Before the signal is complete, you should be ready. Scalping is not recommended for beginners. It needs experience, quick actions, Very high focus, etc.
@XDSasukeUchiha
@XDSasukeUchiha Ай бұрын
i have been back testing this!..very impressive so far!.. a question what if i wanted to this on a higher time frame like the 30M-4hr?..do i wait for the 5M candle to close? if so how many of them
@SoheilPKO
@SoheilPKO Ай бұрын
This performs better on very short time frames. In case if you want to try it on higher time frames you should do the same method but different time frames, for example if you're 1H, consider 4H candles high and low.
@XDSasukeUchiha
@XDSasukeUchiha Ай бұрын
@@SoheilPKO at first i did not understand now i do..question why does this work so well? During my live backtest i am winning 7/7 trades so far!..idk if i am getting lucky for what
@SoheilPKO
@SoheilPKO Ай бұрын
@@XDSasukeUchiha Losing trades are part of the game, and you will have false signals. Make sure you manage your risk properly. Correct SL and proper position sizing based on 1% rule.
@FrancJ5793
@FrancJ5793 23 күн бұрын
@@SoheilPKO If I want to do this on 5 mins, do I use 6 candles (30 min equivalent) ?
@SoheilPKO
@SoheilPKO 23 күн бұрын
@@FrancJ5793 Yes could be
@djkullkent9392
@djkullkent9392 Күн бұрын
Hello sir, what time should I start counting the candle on a 5 minutes timeframe being the entry, while 15 minutes being the higher timeframe?
@SoheilPKO
@SoheilPKO Күн бұрын
Every three candle on 5 min, is one candle on 15m. So it should be every three candles.
@djkullkent9392
@djkullkent9392 16 сағат бұрын
@@SoheilPKO Okay.Thanks you, sir
@SoheilPKO
@SoheilPKO 16 сағат бұрын
@@djkullkent9392 Always welcome
@dhavalchheda8521
@dhavalchheda8521 Ай бұрын
Wow amazing
@SoheilPKO
@SoheilPKO Ай бұрын
Glad you liked it.
@dhavalchheda8521
@dhavalchheda8521 Ай бұрын
Sweet and simple
@SoheilPKO
@SoheilPKO Ай бұрын
@@dhavalchheda8521 👍
@FrancJ5793
@FrancJ5793 23 күн бұрын
Do wicks count as broken or only on candle open/close ?
@SoheilPKO
@SoheilPKO 23 күн бұрын
the candle should be closed above/below the level.
@ganeshraja8535
@ganeshraja8535 Ай бұрын
It's not working when consolidation stage
@assambharat6404
@assambharat6404 Ай бұрын
Sir, I see you have always teach out regarding indicator in EURUSD pair, So, is it suitable for us to trade in this pair ?
@jdanyonsan1950
@jdanyonsan1950 Ай бұрын
It has the lowest spreads - spreads kill you on lower time frames so makes sense.
@SoheilPKO
@SoheilPKO Ай бұрын
Yes in Forex market it's the best pair for scalping.
@SoheilPKO
@SoheilPKO Ай бұрын
👍
@waqaarhussain2791
@waqaarhussain2791 6 күн бұрын
Hi sohail , instead of using 1 min /5 min can we do this on 1/4 hour and count 4 candles
@SoheilPKO
@SoheilPKO 6 күн бұрын
Yes 👍
@JoelSmart_
@JoelSmart_ Ай бұрын
Yuh used 1M n 5min as higher timeframe, can someone 2min and 10min or 3min and 15min?
@SoheilPKO
@SoheilPKO Ай бұрын
Yes possible 👍
@OrcaCalls
@OrcaCalls 25 күн бұрын
Bro can I use this strategy on forex it's good on crypto but I don't know if I can use it on forex but I don't think it will work on gold
@SoheilPKO
@SoheilPKO 25 күн бұрын
Yes you can use it on Forex. Try major pairs, specially EURUSD is the best.
@OrcaCalls
@OrcaCalls 25 күн бұрын
Okay thank you ❤​@@SoheilPKO
@mask4436
@mask4436 Ай бұрын
At what time should we trade this strategy? And pairs?
@SoheilPKO
@SoheilPKO Ай бұрын
EURUSD is the best pair for this strategy, and US London overlap the best time for trading.
@sofiiayakusheva3565
@sofiiayakusheva3565 4 күн бұрын
Thank you for your wonderful videos, Soheil) I commented twice to clarify a couple of details about this strategy, but my comments were removed for some reason. Can I write somewhere else? I really wanna try this strategy but I still have doubts about the setup and need your advice.
@SoheilPKO
@SoheilPKO 4 күн бұрын
You can ask here. If your comment has link, or anything similar to link, or bad words, or if similar to spams, they are automatically filtered and removed.
@sofiiayakusheva3565
@sofiiayakusheva3565 3 күн бұрын
​@@SoheilPKO I definitely didn't swear=)😜 but thank you, I'll never use the links - just write a time code to let you know what moment of the video I'm referring to: ❔Help me, please, did I get it right? At 4:19 of the video: for this strategy, we should consider the previous box broken only when the body of one of the next 5 candles breaks it, not the shadow of one of them? At this moment of the video, the 4th candle with its shadow already breaks the previous box but not with its body, and you say "The candles couldn't break the previous box". Meanwhile, when we draw the 5-candles box we take shadows (HH and LL) into count. And one more detail: how do you pick the direction of the trade? If the support level is broken - you open short, and if the resistance level is broken - then you go long? Thanks in advance🤗
@SoheilPKO
@SoheilPKO 3 күн бұрын
@@sofiiayakusheva3565 The candle should be closed above/below the level. In other words the closing of the candle matters not the shadow. And yes if support level is broken, go short. and if resistance level is broken go long.
@sofiiayakusheva3565
@sofiiayakusheva3565 2 күн бұрын
​@@SoheilPKO Thank you so much for the detailed answer. I'm trying to pick an asset for this strategy, but so far, couldn't find one (I trade on crypto, and, apparently, it works much better on Forex). But I used your Ichimoku Oscillator + Kurotoga Cloud; strategy, where you use the Smart Money Interest Index indicator + Relative Strength of Volume; strategy for scalping with MACD+Andean Oscillator+ADX... They are awesome) Though, of course, I enter the trades only after the backtest, and when the history shows the high efficiency of the strategy on the very pair. By the way, do you plan to make a video explaining Wolf Waves theory and strategy? 🤩​
@sofiiayakusheva3565
@sofiiayakusheva3565 Күн бұрын
​@@SoheilPKO Thank you a bunch=) I'll try to find assets on crypto that this strategy works well on👌 By the way, do you plan to make a video about the Wolf Waves pattern and strategy on the base of it? 🤩
@doobydoo88
@doobydoo88 Ай бұрын
thats a clever little strategy tbh👌
@SoheilPKO
@SoheilPKO Ай бұрын
Glad you liked it
@erolerdinchev6193
@erolerdinchev6193 Ай бұрын
Pls make a strategy with binary options indicators... most of the indicators you know and it will be easy for you to know which ones will work 🙏
@SoheilPKO
@SoheilPKO Ай бұрын
Sorry I don't have any experience in binary option trading.
@2269drew
@2269drew 8 күн бұрын
Is it a indicator similar to this strategy? If so can you let me know thanks.
@SoheilPKO
@SoheilPKO 8 күн бұрын
I don't think there is any indicator for this. I'll search 👍
@stevenrod7
@stevenrod7 Ай бұрын
Can this work on 2 and 3 minutes time frame?
@SoheilPKO
@SoheilPKO Ай бұрын
Yes the method can be applied on other time frames.
@Infinity_Pot
@Infinity_Pot 14 күн бұрын
What is the meaning of "Multiple of 5 on Time axis"? Can you kindly explain? Thank you in advance!
@SoheilPKO
@SoheilPKO 13 күн бұрын
In this strategy we are considering also 5 min chart, and on 5 min chart every candle is opened on a multiple of 5 on time axis, like 9:40, 9:45, 9:50, etc.
@Infinity_Pot
@Infinity_Pot 13 күн бұрын
@@SoheilPKO Okay Sir. Thank you for confirming the same. Really appreciate your response and the content you post.
@SoheilPKO
@SoheilPKO 13 күн бұрын
@@Infinity_Pot Always welcome
@stereolab7412
@stereolab7412 Ай бұрын
Hello! Does it work on cryptocurrency?
@SoheilPKO
@SoheilPKO Ай бұрын
Yes, but you must expect more false signals because of the higher volatility and sudden movements of the crypto market.
@Khadija-Nas
@Khadija-Nas 29 күн бұрын
Brother, can i use this on 5 minutes tf and count the candles 1 to 10 ?
@SoheilPKO
@SoheilPKO 29 күн бұрын
No, when you're on 1min, and you count 5, and you draw a box, you actually mark the high and low of the candle on 5 min. Five 1minute candles equal to one 5min candle. So if you're on 5min, if you consider your higher time frame 15 min, you should count 3...if you consider you're higher time frame 30min, you should count 6.
@KA-wu9iz
@KA-wu9iz Ай бұрын
Can this applied on higher frame?
@SoheilPKO
@SoheilPKO Ай бұрын
No this is more suitable for short time frames like 1m and 5m.
@Isaaxt01
@Isaaxt01 19 күн бұрын
Can I use this on M5 M15 by counting 3 candle?
@SoheilPKO
@SoheilPKO 19 күн бұрын
The same method that I explained in the video, can be applied to any time frame. This is good for scalping and day trading, time frames like from 1m to 1H.
@Isaaxt01
@Isaaxt01 19 күн бұрын
@@SoheilPKO Thank you
@SoheilPKO
@SoheilPKO 19 күн бұрын
@@Isaaxt01 Always welcome
@AJHogue
@AJHogue 22 күн бұрын
If you’re using the high and the low of five 1 minute candles then just use the high and low of one 5 minute candle. Or use a 25 minute candle instead of five 5 minute candles. No counting and no marking it’s just the top and bottom of the candle. Is everyone here really that dense?
@SoheilPKO
@SoheilPKO 22 күн бұрын
Yes I mentioned it in the video. Counting and marking on the same time frame is just an easy way helping you not constantly switching between time frames.
@universalwork
@universalwork 29 күн бұрын
It's about darvas boxes! Vwry good!
@SoheilPKO
@SoheilPKO 29 күн бұрын
Darvas box is different.
@universalwork
@universalwork 29 күн бұрын
@@SoheilPKO Ok. I wait your next video. Can apply this strategy to investing strategy? On company?
@universalwork
@universalwork 29 күн бұрын
@@SoheilPKO can explain as Darvas boxes strategy?
@SoheilPKO
@SoheilPKO 29 күн бұрын
@@universalwork Sure I will make a video 👍
@dilipkovoor
@dilipkovoor 4 күн бұрын
This is SoheilBox. This is new😄
@ImazeVideos
@ImazeVideos 10 күн бұрын
I don't know about forex market , but i try it on cryptos and is not so easy, for example in some tests i make the 6 candle make the break for example long, i get position on 7 long and then the market comes down 8-9-10 candle and i loose the trade. Is not so easy.
@ahmadmiskur7456
@ahmadmiskur7456 27 күн бұрын
Terimakasih.....
@SoheilPKO
@SoheilPKO 26 күн бұрын
You're welcome
@ChrisLin-hz2uk
@ChrisLin-hz2uk Ай бұрын
the trading fees ate all the profit. LOL
@mememee4680
@mememee4680 28 күн бұрын
Thank you ❤❤❤
@SoheilPKO
@SoheilPKO 28 күн бұрын
You're so welcome
@HADIHESAMI-cp3vv
@HADIHESAMI-cp3vv Ай бұрын
درود.کاش به زبان فارسی هم میذاشتین اقاسهیل
@SoheilPKO
@SoheilPKO Ай бұрын
Maybe in another channel, I have plans to start a channel in Persian language.
@HADIHESAMI-cp3vv
@HADIHESAMI-cp3vv Ай бұрын
@@SoheilPKO tnx😍
@saeeddjahanshiri
@saeeddjahanshiri 2 күн бұрын
Tnks ❤
@Armistitium
@Armistitium Ай бұрын
👍
@SoheilPKO
@SoheilPKO Ай бұрын
Thanks 🙏
@user-og3ln7ks9v
@user-og3ln7ks9v Ай бұрын
تبریک تبریک تبریک..... 😂 اصلن فکرشم نمیکردم این کانال اینقد مسلمون یا فارسی زبان داشته باشه
@SoheilPKO
@SoheilPKO Ай бұрын
🙏
@alexwynne3636
@alexwynne3636 Ай бұрын
You do realise your first example is a 0.7pt stop…. Not a single broker would allow that considering the spread would be more than that. As so as you open the trade you would be stopped out 😂
@SoheilPKO
@SoheilPKO Ай бұрын
For scalping strategies I always recommend raw spread accounts. Raw spread account on IC Markets is recommended since they have also the highest trading volume. That's the broker I use.
@enricodekrijger6711
@enricodekrijger6711 Ай бұрын
@@SoheilPKO Can i trade with tradingview IC markets? Or do you use other software?
@SoheilPKO
@SoheilPKO Ай бұрын
@@enricodekrijger6711 Yes recently Ic markets is integrated with TradingView, so you can directly trade and place your orders on TradingView.
@Youaregreat88
@Youaregreat88 Ай бұрын
Thank you Soheil for this video, are you able to speak a little slower as it seems to be that you are rushing to complete this video. To be honest, most of your videos, you are speaking like a bullet train. Slow down, teacher. Cheers.
@SoheilPKO
@SoheilPKO Ай бұрын
Ok noted 👍
@mlontherun
@mlontherun Ай бұрын
@Youaregreat88 Just so you know, there is an option when you click the Settings icon that appears if you over down right of the video window on KZbin to slow down or speed up the video. This way @SoheilPKO can keep his speaking speed that he is comfortable with and that is perfect for listeners like me, and you can slow it down so it can be perfect for you too.
@sukscool
@sukscool Ай бұрын
Can't count 1-5 all day 😅 sorry!! This isn't for me 😂
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