Scalping: Multiple Time Frame confirmation with 55-SMA on higher timeframe
Scalping is the very complicated but very profitable technique in trading. Multiple Time Frame analysis can be helpful in case of long or short position to ne confirmed. The most populat confirmation method is 55-SMA on H1 timeframe: when the price is below this SMA so the short position only should be considered (on M1 timeframe for example), and if H1 price is above 55-SMA - the long position should be taken into consideration. And it will help to reduce the number of fase signals/trades on M1 timeframe for example.
