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Indicators & Strategies · Trading Strategies · 20:41 video · Urdu / Hindi

Price action strategy for day traders and scalpers

This strategy relies on what price and market participants are doing, not on indicators. It can be applied to forex, crypto, stocks and indices.

Dr. Qazi Abdul Basit
Video lesson by Dr. Qazi Abdul Basit, Ph.D · Forex & Gold trader since 2013
Notes by the Qazi Forex Tips team · Updated 23 October 2026
Watch in Urdu / Hindi · 20:41·Open on YouTube

In this lecture

  • A price action strategy for forex and stocks
  • Why it uses price instead of indicators
  • Following rules, controlling emotions and money management

Lesson notes

The building blocks

  • Direction: trend and structure on H1 or H4.
  • Location: support and resistance zones, previous day high and low.
  • Timing: the London and New York sessions, when volume is highest.
  • Trigger: a rejection or momentum candle on M5 or M15.

The video shows the complete rules with chart examples. The notes below cover the principles the method is built on; test any strategy in a simulator or on demo before using real money.

Day trading rules that protect you

  1. Fixed risk per trade (for example 1%).
  2. A daily loss limit: stop after two or three losses.
  3. No trades just before high-impact news.
  4. Close or protect trades before the session ends if your plan says so.

Why discipline is part of the strategy

The same rules produce different results if you skip some trades, move stops or double the lot after a loss. Following the rules, controlling emotions and a money management plan are part of the method, not extras.

Khulasa (Roman Urdu / Hindi)

  • Direction H1/H4 se, level par entry, session ke waqt.
  • M5/M15 par rejection ya momentum candle.
  • Daily loss limit aur news se pehle trade nahi.
  • Rules, jazbaat par qaboo aur money management zaroori.

Questions

What is the best price action strategy for day trading?

One you can follow every day: higher-timeframe direction, entries at key levels, a clear trigger candle and fixed risk.

Which timeframe is best for day trading?

H1 for direction and levels, M15 or M5 for entries.

Can I day trade without indicators?

Yes. Price action uses levels, structure and candles; many day traders use few or no indicators.

When is the best time to day trade forex?

During the London session and the London–New York overlap, when volume and movement are highest.

How many trades should a day trader take?

Quality matters more than number. Many traders limit themselves to one to three good setups per day.

What is the difference between day trading and scalping?

Scalpers hold trades for minutes; day traders hold for minutes to hours and close before the day ends.

Related lessons

Price Action BasicsRejection and momentum candles for a precise entryMarket AnalysisBest time to scalp forex and Gold in Pakistan and IndiaPrice Action BasicsSupport and Resistance: how to draw it, and why it fails

Education only, not financial advice. Trading forex, Gold and CFDs carries a high risk of loss. Examples are for learning; test any method on a demo or in a simulator before using real money.