Hello steemians how are you I hope you are doing well and you all are safe and healthy during this pandemic time.
Today I take lecture of professor @yohan2on on scalping trading strategy. I think this lecture was quite interesting and also different. We never talked about scalping trading before .
I found professor homework quite research based and require alot of efforts but I try to find solutions of as many problems as I can.
Here I am submitting my homework post .

Scalping :

It is a type of trading style in which trader enter in deal and exit out within few minutes with small profit after analysing price moment .
The player or trader enter in such deal is known as scalper.
Scalping is a trading method which help us to earn small profits with in 1 min,2 mins 5mins or 15mins . Maximum limit of scalping trading is 1 hour for analysis of price moment.

Advantages	Disadvantages
It give a lot of opportunities to trade in a single day	have a high risk of overtrading
There is very low risk of money loss	Make scalper tired by such trading and may take few wrong decisions
Help trader to invest small and reach big	high commission fee from traders to broker.

Fingure- trap scalp trading :

When trader always have his finger on the trigger decide whether to take risk to take advantage or or risk off. Nova cheap small moments chart Trend finger trap strategy is introduced by this strategy one can try to take advantage of situation bi focus on most important reason of What makes trade a strong trade for buying and selling.
Finger trap strategy is also useful for risk management.

Basically ,fingertrap came from the name of Chinese toy in which when someone insert his or her finger the only way or we can say the strategy to take a fingure out is to push not pull.
Same happened in finger trap scalping trading. We have to push our trade to gain advantage and success within few minutes.
The main thing is that a person who is a scalper must be very discipline. Sins by pushing maybe we face fue loss so it is better to use stop loss to reduce our loss.
Stay focused on short term trading with relaxed mind.
Entry and exit point matter a lot ine fingertrap scalping strategy. Use of indicators like EMA 8 and EMA 34 are very important.

platform we are using for demonstration and also name indicators which you are using

So for demonstration and to follow the trend chart and the entry chart we are using the platform tradingview as I have already worked on it in my last few home works and I am very much familiar about its working . It is one of the basic and easy platform to analyse prize moment.

Also for demonstration of scalping strategy we are using exponential moving averages indicator of period 8 and period 34.
EMA 8 is a fast moving average
EMA 34 is a slow moving average
By combination of these two who we can easily follow the trend and price moment to check and analyse correctly the position at which we have to do scalping trading.
These two you are the main indicators of finger trap scalp trading.

demonstrate the scalp trading style on at least 2 crypto asset pairs

I am performing scalp trading on these two assets pair follow the steps carefully.

• LTCUSD
• BTCUSD

The trend chart

Before scalp in any pair always try to analyse the trend chart.
To analyse Trend chart is important because it help us to remove the confusion related to short term chart as the main goal is only scalping.

• Search tradingview in Google search engine and click the first link.

• Choose your crypto pair asset in which you want to perform analysis on one hour chart.
• Mark EMA 8 and EMA 34 to analyse the trend for comfortable use in short term trading.

• If EMA 8 is above than EMA 34 then price will be above both of them.

• If EMA 8 is below than EMA 34 then price will be below both of them.

• It's this happen then now it's time to enter in short term chart to enter into trade.
• Now we have identified the trend and by using the technique of finger trap we will trading in the direction of trend.
• Fingertrap trading is a process of push your trade and if you feel loss use a stop loss to minimise your loss.
• Now in 5 mins chart when you identify EMA 8 is greater than EMA 34 and price is above then EMA 8
  Look to buy when price cross over (INDICATORS INTERSECT EACH OTHER) the EMA 8 on 5 mins.

• Now In 5 mins chart when you identify EMA 8is less then EMA 34 and price is below then EMA 8 as seen in hour chart Trend .
  Look to sell when price cross under EMA 8.

As you can see above after buying my position I found a point at which price start falling under Ema 8 so it is time to sell our position and gain small profit.

• stop loss is important to minimise your loss in reversal trend and also know your entry exit point.

As you can see above we get the entry point and buy the asset but here we can see a trend reversal . By stoploss we save ourself from heavy loss.

Demo Scalping fingure trap

Today I try to do demo fingure trap trading. But market today showing bearish trend so decide to work on 1min time frame after analysing of 1 hour trend.

LTCUSD

• After checking 1hour trend I follow 1min time frame to find my entry point . Finally I found my entry point at 16:46 pm as EMA 8 is above EMA 34 .

• Now at $375.27 I buy my LTCUSD asset and wait for my target profit. I decided if it reach there within 5 min I will sell it else I have to change my bit.

• I set my target profit at 377 but unfortunately I did not receive good news so I change my bit to $ 375.58.

• Finally at $375.58 I sell my asset at 17:06 pm . I gain very less profit . As market is flactuating very much.

• Within 10 mins I gain a small profit of $0.31 in Inr around ₹ 22.63.

BTCUSD

• follow 1hour trend of BTCUSD and check the above EMA 8 and EMA34 trend.

• At 16:51 pm finally I get the entry point. So it's time to see best deal to do fingure trap scalp trading.

• I wait for few minutes and finally get a deal at 17:15 pm and buy BTCUSD at $56454.50 and set my stop liss and target profit.

• I set my target profit at $56500 and stop loss at $56403 . I am waiting for best deal .

• Finally at 17:18pm I hit my target profit and my asset sell out at $ 56501.96 and gain a profit of around $ 47.46 around ₹ 3464.58 indian national rupees.

conclusion :

Starting from scalping that is small profit trading and trader who do Scalping is a scalper.
Then finally we learn about Fingure trap trading in which we learn that it is a puch trading as same as a fingure trap toy. After that we came to know that we have to use EMA 8 AND EMA 34 AS INDICATOR in fingure trap scalping and learn it's whole process and finally try it on 2 different pairs.
LTCUSD AND BTCUSD.

thank you so much professor @yohan2on for such research ful topic . I try my level best to answer both questions asked in homwork. Research about this topic is quite difficult . But finally I have completed my homework.

Thank you so much

@yohan2on
@kouba01