- Mark your areas of Support & Resistance (SR)
- Wait for a directional move into SR.
- Wait for price rejection at SR.
- Enter on the next candle with stop loss beyond the swing high/low.
- Take profits at the swing high/low.
SNR Fast Scalp Forex Trading Strategy can be applied for both swing and breakout trading purposes. It detects short-term swing areas of the market and helps traders to pick the right area of the market for entering a trade. Since it is a scalping system, we recommend you to apply it within M1 to M15 timeframe charts for better results.
SNR Fast Scalp Forex Trading Strategy follows a very simple trading system that allows you to trade all kinds of forex currency pairs within the MT4 platform. Besides, it is a price-action based trading tool thus, offers a better opportunity to learn the market.
SNR Fast Scalp Forex Trading Strategy Overview
Download and install the Trading Strategy on your MT4 terminal. Once you’re done, your chart will appear like the following image:
SNR Fast Scalp Forex Trading Strategy Explanation
SNR Fast Scalp Forex Trading Strategy plots horizontal levels on the chart representing the short-term support and resistances of the market. If the market is in a trend, these levels can be treated as possible swing areas of the market where you can enter a trade within the current trend direction of the market.
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