Hệ Thống Scalping Trên Chart 5 Phút Của Kathy Lien - Nhật Hoài Trader

Summary

In this video, Nhật Hoà introduces a powerful 5-minute scalping system from K Th Liên, a professional Forex trader with over 20 years of experience. The system, extracted from the book 'High Probability Trading Setup', focuses on momentum trading, where trades are entered when market momentum shifts and exited when it ends. Using the MACD histogram and the EMA 20, the strategy aims to capture short-term trends for high-probability trades. Nhật Hoà emphasizes the importance of backtesting, applying the system with caution, and using the correct trading conditions, such as avoiding low volatility periods.

Takeaways

• 😀 The video introduces a scalping trading system based on the 5-minute chart, developed by Kat Liên, a well-known Vietnamese Forex trader with over 20 years of experience.
• 😀 The system is designed for short-term trading with a focus on high-probability setups, specifically for Forex markets, derived from the book 'High Probability Trading Setups' by Kat Liên.
• 😀 The trading strategy is based on momentum, meaning traders enter trades when market momentum starts and exit when it ends, aiming to profit from the extension of momentum in either direction.
• 😀 The main indicators used in this strategy are the 20-period Exponential Moving Average (EMA) and the MACD histogram. The strategy only uses the histogram, not the full MACD indicator.
• 😀 Buy signals occur when the price is below the 20-period EMA, and the MACD histogram moves from negative to positive. This indicates a shift from bearish to bullish momentum.
• 😀 For buy trades, stop loss is set at 10 pips below the recent low or 20 pips below the 20-period EMA, depending on the trader's preference.
• 😀 Half of the trade is closed when the price achieves 1 risk-to-reward ratio (1R). The remaining position is trailed using the 20-period EMA, with the stop loss adjusted to 15 pips below the EMA.
• 😀 Sell signals occur when the price is above the 20-period EMA and the MACD histogram crosses from positive to negative. This indicates a shift from bullish to bearish momentum.
• 😀 For sell trades, stop loss is placed 10 pips above the recent high or 20 pips above the 20-period EMA, with a similar trailing stop strategy as the buy trades.
• 😀 The system advises avoiding trading during market consolidation or low-volatility periods, particularly during the Asian trading session or ahead of important news releases like interest rate announcements, as these periods tend to result in false signals and more frequent stop-outs.

Q & A

What is the focus of the video?

The video discusses a scalping system on a 5-minute chart, developed by Kat Liên, a professional forex trader. This system is designed for short-term, high-probability trade setups in the forex market.

Who is Kat Liên and what is her background in trading?

Kat Liên is a well-known Vietnamese-American forex trader and a professional bank trader with over 20 years of experience. She manages FX strategies for BK Management, a private investment fund.

What is the core principle of the trading system introduced in the video?

The core principle of the system is based on momentum trading, which involves entering trades when market momentum begins and exiting when the momentum ends. The goal is to capture profits from the strength of market movements.

What indicators are used in the scalping system?

The system uses two main indicators: the 20-period Exponential Moving Average (EMA20) and the MACD histogram, focusing on the histogram’s shift from negative to positive.

How does the system define a buy signal?

A buy signal is generated when the price crosses above the EMA20 and the MACD histogram shifts from negative to positive, indicating a shift from bearish to bullish momentum.

What is the stop loss placement strategy in this system?

The stop loss is set at 10 pips below the recent low or 20 pips below the EMA20, depending on the trader’s preference for a tighter or wider stop loss.

How is profit taken in this system?

The strategy involves closing half of the position when the price moves in the trader’s favor by a certain amount, often 10 pips. The remaining position is then trailed with a stop loss set 15 pips below the EMA20, allowing for continued profit capture as long as momentum persists.

How does the system handle a sell signal?

A sell signal occurs when the price crosses below the EMA20 and the MACD histogram moves from positive to negative, indicating a shift from bullish to bearish momentum.

What should traders avoid when using this system?

Traders should avoid trading during sideways market conditions or during periods of low volatility, such as the Asian session or just before major news events like interest rate decisions, as these can lead to false signals and stop-outs.

How can traders implement this system with TradingView?

Traders can use a custom code provided in the video to implement the system on TradingView. The code can generate trade signals directly on the chart, but traders are advised to manually verify if the conditions meet the strategy’s criteria before entering trades.