Scalping Forex with Camarilla pivots

Camarilla pivots or Camarilla equation method offers some new trading opportunity to Forex scalpers. Camarilla equation method is based on predefined support and resistance levels and has clear rules of where to enter, which way to enter, where place stops etc.

It looks this way:


The idea is that you are able to scalp counter trend whenever price hits Level 3. Remember to take small profits. But when price goes through Level 4 you scalp with a trend. Don't be greedy, take small profits there as well.

A bit more detailed explanation here: How to trade with Camarilla pivots.

After adding Camarilla pivots to your charts (mt4 indicator can also be downloaded from the source above), go to either 15 or 5 min or 1 min chart.
You'll notice that Camarilla pivots are not always obeyed by price. Don't worry. The main trick is not to hurry up with the entry, but rather wait for candlesticks to signal a reversal. Study some basic candlestick reversal formations if you need to.
This Candlestick reversal source may help.

Scalping with Camarilla is an option if you are up to trading a new Forex trading stuff.

As always, happy scalping!