What broker is best for scalping?

ECN brokers with tight spreads (0.1-0.5 pips) and fast execution. Avoid market makers with dealing desks.

How many trades per day?

Quality over quantity. 5-15 high-quality setups is better than 50 random trades. Wait for the best setups.

What lot size should I use?

Due to tight stops, you can use larger position sizes. Risk 0.5-1% per trade with 5-10 pip stops.

Key Takeaways

Success Rate:58%

Difficulty:Advanced

R:R Ratio:1:1.5

Timeframe:M1

⚡

1-Minute Price Action Scalping

ScalpingAdvanced

Ultra-short-term trading on the 1-minute chart using pure price action patterns and key levels to capture quick 5-15 pip moves.

Market Psychology

Scalping exploits micro-inefficiencies in the market. Quick in-and-out trades capitalize on the natural ebb and flow of price around key levels before larger players can react.

📈Strategy Visualization

Pin bar rejection at key support level

Key Level

In-Depth Strategy Guide

Price action scalping focuses on reading raw candlestick patterns and market structure without relying on lagging indicators. The key is identifying key support and resistance levels on higher timeframes, then executing trades on M1 when price approaches these levels.

Speed is essential in scalping. You need to recognize patterns instantly, execute without hesitation, and exit quickly before momentum fades. Most scalping trades last only 1-10 minutes.

Session timing is critical. The best scalping opportunities occur during the London-New York overlap (1-5 PM GMT) when liquidity is highest and spreads are tightest. Avoid Asian session for major pairs.

Code Examples

pythonPython Pin Bar Detection

def detect_pin_bar(open_p, high, low, close):
    body = abs(close - open_p)
    upper_wick = high - max(open_p, close)
    lower_wick = min(open_p, close) - low
    total_range = high - low
    
    if body < total_range * 0.3:  # Small body
        if lower_wick > body * 2:  # Bullish pin bar
            return 'bullish'
        if upper_wick > body * 2:  # Bearish pin bar
            return 'bearish'
    return None

This function detects pin bar patterns for scalping entry signals.

📚Recommended Python Libraries

Related Indicators

EMA RSI

📥 Entry Rules

Identify key S/R levels on M15 or M30 chart

Wait for price to approach level on M1

Look for rejection pin bar or engulfing pattern

Enter immediately on pattern confirmation

📤 Exit Rules

Target 5-15 pips depending on volatility

Use fixed take profit based on recent ATR

Exit within 5-10 candles if target not hit

Close immediately if momentum fades

🛡️ Risk Management

Tight Stops

5-10 pip stops maximum, placed just beyond the pattern

Session Focus

Only trade during high liquidity sessions (London/NY overlap)

Spread Awareness

Never scalp when spread exceeds 1.5 pips on majors

Indicators Used

Support/Resistance

Key levels for entries and exits

EMA 9/21

Quick trend direction on M1

Spread Monitor

Ensure spread is acceptable for scalping

Best Timeframes

M1M5

Best Market Conditions

London-NY session overlap (highest liquidity)

After initial news volatility settles

Active, but not ranging markets

Common Mistakes to Avoid

Scalping during low liquidity (Asian session)

Ignoring spread costs in profitability

Overtrading after losses

Using too large position sizes

Pro Tips

💡Focus on 2-3 currency pairs maximum

💡Keep a trade journal to track patterns that work

💡Practice on demo until consistently profitable

💡Mental fatigue is real - take breaks every hour

Last updated: December 29, 2024

Educational Disclaimer

This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.