Scalping strategy is not recommended for beginners. Scalping provides a quick market entry, profit and exit. Moreover, the size of the profit may be small, but the total income from the number of successful deals can bring quite good profits. The possibility of short-term earnings attracts traders without the experience who don’t know how to analyze the market and, most importantly, to wait.

Scalping strategy is not recommended for beginners. Scalping provides a quick market entry, profit and exit. Moreover, the size of the profit may be small, but the total income from the number of successful deals can bring quite good profits. The possibility of short-term earnings attracts traders without the experience who don’t know how to analyze the market and, most importantly, to wait.

In the described strategies I adhere to one rule – the trading strategy should be as safe as possible, that is to be virtually risk-free. And let according to the tactics you will not get in the Forex market a fabulous income, thanks to the unique tools and acquired skills you will be able to adjust existing strategies and optimize your profits.

## Trading by fractals

Fractal technical indicator that allows determining the bottom or the top on the chart of price movement of the underlying asset. The formation of a fractal occurs when among consecutive 5-minute candle average candle has the highest high or the lowest low. In practice, a signal for market entry is a breakout (outside) price maximum (minimum) values of the fractal at least 1 point.

In other words trade on fractals provides: if the price exceeds the high or low of the candle with the highest value in the five consecutive candles, it suggests that the price trend is strong enough to continue his course for some time. This inertial course and we will catch for instant profits.

**Trading conditions:**

- interval – 1 minute (М1);
- currency pair, which work the best for this strategy : EUR/USD, GBP/USD;
- trading platform – Metatrader 4;
- Indicator Fractals with basic values.

** The conditions for opening a buy transaction:**

- The indicator displays the zone in which the fractals are grouped in the up direction: the graph shows 3 or more fractal in a narrow price range.
- The distance between the first fractal, with the up direction and the first direction having a downward direction is not less than 7-8 points.

If both these conditions are met, then:

- place the pending Buy Stop order at the level of the first or maximum from the area of the up fractal;
- the Take Profit order is placed on the level of Buy Stop +70-80% of the distance between the first fractal up and fractal down first (at least 7-8 points);
- stop loss should be placed at the level Buy Stop 70-80% of the distance between the first fractal up and fractal down first (at least 7-8 points).

If a pending order does not work, remove it.

**Conditions of opening a sell transaction:**

- The indicator displays the zone in which the fractals are grouped in down direction: the graph shows 3 or more fractal in a narrow price range.
- The distance between the first fractal, with a downward direction, and the first fractal, with the up direction not less than 7-8 points.

If both these conditions are met, then:

- pending Sell Stop order at the level of the first or lowest zone of the fractal downwards;
- the Take Profit order placed on a Sell Stop level +70-80% of the distance between the first down fractal the first fractal up (at least 7-8 points);
- stop loss should be placed at the level of Sell Stop – 70-80% of the distance between the first down fractal the first fractal up (at least 7-8 points).

Trade on fractals greatly visually makes it easy to identify strong areas of support and resistance. Theoretically, this indicator can not be used because the technical situation is visible without it. However, its application will make it easier to place pending orders and stop losses at the right levels.