GBPUSD Scalping Strategy and Coaching
Course and membership
Our day trading GBPUSD scalping strategy is suited for traders who can follow our specific trading system. The strategy has specific Stop Loss and Take Profit levels based on volume and order blocks.
Our students scalp GBPUSD during the early London open and throughout the London session.
What's included in this GBPUSD scalping strategy?
A foundational understanding of the foreign exchange (Forex) market, covering its size, scope, and the basics of buying and selling currencies.
The fundamentals of technical analysis, including chart patterns, trends, and indicators used to analyse potential market movements.
This video delves into the analysis of economic indicators, news, and financial reports to gauge the intrinsic value of currencies, commodities, and forecast market directions.
Covers strategies and tools for managing financial risk, emphasizing the importance of stop-loss orders, position sizing, and the risk-reward ratio in trading.
Explores complex concepts of market structure, including price levels, trends, and the significance of advanced support and resistance in market prediction.
Reveals lesser-known areas in the market that offer significant GBPUSD trading opportunities, often overlooked by mainstream traders.
Teaches how to identify and interpret GBPUSD supply and demand zones in the market for better trading decisions, highlighting their impact on price movements.
Focuses on the concept of market imbalances, explaining how to spot and leverage these zones for potential GBPUSD trading advantages.
Introduces the concept of breaker blocks, a sophisticated trading strategy that involves identifying key market structures for entry and exit points for GBPUSD.
Shares specific strategies and insights from Philip on how to time market entry and exit points for maximum efficiency and high probability setups of GBPUSD.
Addresses the psychological aspects of trading, emphasizing the importance of discipline, patience, and a positive mindset in overcoming the emotional challenges of scalp trading.
Focuses on building the confidence necessary for successful trading through knowledge, experience, and emotional control.
Putting everything you have learnt in the course to fully understand how to systematically scalp trade GBPUSD with confidence.
Private Community of GBPUSD Scalpers
You will receive access to our Private Discord for:
👥 Ongoing support and mentorship
📈 Weekly trade reviews
📈 Daily market scans (Our students love this)
Discipline, mindset and psychology
💸 Student wins
GBPUSD Scalping Strategy Explained
In our strategy, the Great British Pound is traded against the United Stated Dollar.
Changes in this exchange rate are influenced by economic indicators, political events, and market sentiment. Investors and traders watch this currency pair closely as it represents two of the largest and most significant economies in the world.
The Opes trading system specialises in scalp trading GBPUSD everyday.
Analyzing the forex markets with a set of technical indicators has never really been our thing. Indicators are lagging data which have led us to lose more than profit in the past.
This is why we use two crucial pieces of information when trading our forex scalping system for GBPUSD which do not lag. They are volume and liquidity imbalance pools.
Our GBPUSD scalping strategy is well tested over years, and will help you in managing your positions better, while understanding the driving force behind movements in price of GBPUSD on the charts.
Not having enough confluences to put a high probability in one’s favour leaves the trade to chance, or simply gambling as we call it.
We begin by doing a top down analysis to understand the overall higher timeframe bias.
THe overall trend direction is important as it can allow us to better understand the scalping direction for the day.
The time frame for entry can be anywhere between the 1 to 15 min time frame.
The recommended session would be the London and New York session as this is where the market will most likely go to draw liquidity.
Buy Example for GBPUSD
Sell Example for GBPUSD
As we can see above GBPUSD charts, both buy and sell examples work in the same way.
The green zone represents our London session and Red represents the New York session.
The liquidity imbalance pool is a zone where the wicks of candles have not met creating the “imbalance” which price can be attracted to in order to “rebalance” it.
The red line is what is known as the highest point of volume for a trading day. So, when a zone has very high volume, along with a liquidity imbalance pool, falling into our London or New York session, this can be a great point of entry for our scalping position.
Stops are usually calculated based on the zone of interest and making sure we place it outside of the area while giving it some room to breathe as we say.
Take profit levels are calculated based on market structure targeting most recent highs or lows.
Try our GBPUSD scalping system
This forex scalping system may sound complex, but it isn’t.
Our system is really simple. The biggest challenge will be your mindset and your psychology.
Our community of scalpers trades this system everyday for GBPUSD with consistent, profitable results.
Student success 🎉
This is a screenshot from January 9th 2024 from one of our new students within our Elite Scalpers Account Flipping group on his first day of account flipping.
He was using our exact scalp trading system for trade XAUUSD (Gold) and GBPUSD. This system also works for US30 and NAS100.
⚠️ Important: Account flipping is only for advanced traders. For novice and intermediate traders who want to learn to scalp, we recommend joining our Opes Platinum group. We will support and monitor your trading journey until you are consistent and profitable. Only then should you attempt to flip accounts.
Frequently Asked Questions
Day trading GBPUSD is influenced by a economic indicators from both the UK and the US (like GDP growth, employment data, inflation rates), monetary policies from the Bank of England and the Federal Reserve, political events (like Brexit or US elections), and overall market sentiment. Fluctuations in this pair are also sensitive to global geopolitical developments and changes in commodity prices. Although these fundamental news changes affect day trading, 99% of our trading strategy is based purely on technical analysis.
Yes, you can scalp trade GBPUSD – we do it every day!
Scalping GBPUSD involves making a large number of short-term trades to profit from small price movements. The GBPUSD is known for its liquidity and relatively high volatility, which can provide opportunities for scalp traders. It requires quick decision-making, intricate market analysis skills, and non-negotiable risk management to be successful.
We will teach you our exact strategy and system to be consistent and profitable when day trading GPBUSD.
While many say it’s crucial to stay informed about the economic calendar, majority of trading system is based on technical analysis. Utilizing high advance technical analysis system, we identify ideal entry and exit point. We combine this with a solid understanding of fundamental analysis. You should also practice strict risk management, including stop-loss orders to protect capital.
Many would say that best time to trade the GBPUSD pair is typically during the overlap of the London and New York trading sessions (from 8:00 AM to 12:00 PM EST). During these hours, liquidity and volatility are higher, offering more trading opportunities. Our unique scalp trading strategy takes advantage of the early hours of the London session open and can often overlap with the end of the Asian session.
The only indicator we use is session volume. Our GBPUSD scalp trading strategy is focused on timing, candle stick analysis, price action, and liquidity. In our experience, many indicators are just lagging biases.
No, but we do something better.
Everyday we provide a daily chart scan of our key zones of interest of GBPUSD that we are looking to scalp from.
Once you learn our GBPUSD scalping strategy you will be able to use the key zones as guidelines to find opportunities to scalp from. Many of our traders love these key zones as a point of reference, as it also allows them to learn at the same time.
We don’t provide signals because we found that you don’t really learn how to trade, you only learn how to copy – therefore not developing your own skills as a trader.
Your aim should be to a become consistent, profitable and confident trader. Not a copy trader. You have our full support.
Receive a free demo 📈
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