Trading on Multiple CFDs Charts CFD Scalping Strategy

1 Minute Scalping Strategy Tutorial

Scalpers

This group of traders holds on to their cfds trades for only a few minutes. Cfd scalper never holds on to a trade for more than ten minutes. With the objective of making small amounts of pips as profit, 5 - 20 pips.

A Scalper using 1 minute cfd chart timeframe wants to go long, checks 5 minute cfd chart time-frame, which looks like the one below, since 5 minute cfd chart timeframe show cfd trend is going up, then decides from this chart technical analysis it's okay to buy.

CFD Scalping on Multiple CFDs Charts - How to Use CFD Chart Timeframes - 1 Minutes Scalping Strategy Tutorial

Traders using technical analysis use cfd charts to try & attempt to predict the movement of cfds price on the cfds charts.

CFD Scalping traders will sometimes use two or more cfd chart timeframes so as to determine the long term cfd trend and the short term cfds trend.

How to Define A CFD Price CFD Trend for Scalping CFD

Using a cfd system that has Three indicators - Moving Average Crossover System, RSI & MACD and using simple rules to define the cfds trend. The trading rules are:

Upward CFDs Trend

Both MAs Moving Up

RSI above 50

MACD Above Center line

Downward CFDs Trend

Both MAs Moving Down

RSI below 50

MACD Below Center line

Multiple cfd charts timeframes analysis equals using 2 chart timeframes to trade cfd - a shorter one used for trading and a longer one to check the CFD trend - the chart timeframes that you choose for cfds price action with will depend on the type of trader you are: for Scalping Traders the chart timeframes used for trading will be example of 1 minutes cfd chart time frame & 5 minute cfd chart time frame.

Since it is always good to follow the cfd trend when cfd scalping, in Multiple Timeframe Analysis, the longer 5 minute chart timeframe gives us the direction of the long-term cfd trend when scalping using the 1 Minute CFDs Chart Time-frame.