Here are 8 steps to scalp the forex market

1. Go to a reliable economic calendar source which details data release dates and times


2. Record the previous day OHLC (Open, High, Low, Close) for all the 4 major currency in your diary.


3. Identify candlestick studies(i will reveal more next time) on the daily charts


4. Identify major trendlines, support and resistance on the daily charts


5. Determine the market sentiments (Bullish or Bearish?) for the day.


6. Go to hourly charts and determine the support and resistance


7. Lookout for candlestick formations on hourly basis.


8. Adjust your risk to entry level when you are 10pips in the money.