US30 Scalping Strategy and Coaching
Course and membership
This US30 scalping strategy is ideal for CFD Index day traders who can follow our specific trading system. This strategy has specific Stop Loss and Take Profit levels based on volume, order blocks, and other key zones of interest.
This US30 scalping strategy works best in the early New York trading session.
What's included in this US30 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 trading opportunities, often overlooked by mainstream traders.
Teaches how to identify and interpret 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 trading advantages.
Introduces the concept of breaker blocks, a sophisticated trading strategy that involves identifying key market structures for entry and exit points.
Shares specific strategies and insights from Philip on how to time market entry and exit points for maximum efficiency and high probability setups.
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 US30 with confidence.
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
US30 Scalping Strategy Explained
The US30 index represents the value of the 30 largest US-registered corporations, also known as the Dow Jones index.
As of February 19th 2024, the 30 stocks which make up the Dow Jones Industrial Average are: 3M, American Express, Amgen, Apple, Boeing, Caterpillar, Chevron, Cisco Systems, Coca-Cola, Disney, Dow, Goldman Sachs, Home Depot, Honeywell, IBM, Intel, Johnson & Johnson, JP Morgan Chase, McDonald’s, Merck, Microsoft, Nike, Procter & Gamble, Salesforce, Travelers, UnitedHealth, Visa, Walgreens, and Walmart.
Contrary to most practices in the day trading industry, we don’t use any popular technical indicators when analyzing the price movements of the US30. Indicators are lagging data which have led us to lose more, rather than profit, in the past.
This is why we use two crucial pieces of information when scalping US30 which do not lag. They are volume and liquidity imbalance pools.
Our US30 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 the US30 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.
US30 Chart Breakdown
We begin by doing a top down analysis of the US30 to understand the overall higher timeframe bias – on the weekly and daily time frames.
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.
Scalp Example for US30
The above is a NAS100 chart, but it is the exact same system we trade for the US30. 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 US30 scalping system for yourself
This may sound and look complicated, but it really isn’t. The biggest challenge you will face scalping the US30 index is your own mindset and psychology on the charts. We will help with this too as this is crucial for all traders to develop.
Our system is really simple, even for novice traders.
Our community of scalpers trade this exact system everyday for the US30 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
Several factors can influence the trading of the US30, including economic indicators (like GDP growth, employment rates), corporate earnings reports of the companies within the index, geopolitical events, monetary policies set by the Federal Reserve, and global economic conditions. Market sentiment and technical analysis also play significant roles. We take this into consideration while trading, however majority of our trading system is based on technical analysis.
When trading the US30, it’s crucial to stay informed about global economic events and news that can impact the market. We utilise advanced technical analysis to identify trends and potential entry/exit points for high probability scalp trades. It’s crucial to manage your risk, setting stop-loss orders to minimize potential losses, as well as maintaining a confident mindset and emotional resillience.
The best time to trade the US30 is typically during the opening hours of the New York Stock Exchange (9:30 AM to 4:00 PM EST) when market liquidity and volatility are higher. However, traders should also be aware of key economic releases and news events that can impact market conditions outside of these hours. Our unique scalp trading strategy takes advantage of the early hours of the NY session.
The only indicator we use is session volume. Our US30 scalp trading strategy is focused on timing, candle stick analysis, price action, and liquidity. In our experience, many indicators are just lagging biases.
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