This Simple Scalping Strategy Makes Me Over $30,000/Month

Summary

Jack presents a price-action scalping setup he calls the “4-Hour Power of Three,” primarily for NQ. The strategy uses a 4-hour candle to establish a time-based directional bias, a higher-timeframe fair value gap (FVG) as a potential reversal area, and the 1-minute chart to time an entry.

Jack says he has used the setup for years and claims more than six figures in prop-firm profits and payouts. These are the presenter’s claims and are not independently verified.

Strategy Framework

1. Read the expected sequence of the 4-hour candle

• Bullish candle: Open → low → high → close. The strategy looks for the low to form before seeking a long.
• Bearish candle: Open → high → low → close. The strategy looks for the high to form before seeking a short.

2. Look for a lower-timeframe “Power of Three”

On the 1-minute chart, identify:

1. Accumulation: Sideways movement.
2. Manipulation: A liquidity sweep or false breakout.
3. Distribution: Movement in the anticipated direction.

The goal is to capture the directional move of the 4-hour candle with a lower-timeframe entry.

3. Use an FVG as the point of interest

The preferred reversal area is the nearest untouched 15-minute FVG near price. If one is not available, the presenter suggests checking the hourly or 4-hour chart. A 5-minute FVG may be used if higher-timeframe gaps are unavailable.

After price reaches the chosen gap, look for 1-minute confirmation, such as:

• A break of structure
• A change in state of delivery
• An inversion of FVGs

Execution and Risk Controls

In the short example, the presenter enters after a candle closes below the opening price of the upswing and places the stop at the 4-hour candle’s high. In the long example, the 4-hour low is used as the stop reference.

Targets are nearby liquidity levels. One example is described as offering more than 1.3:1 risk-reward.

The presenter cautions against trying to catch the exact top or bottom before learning confirmation-based entries, describing those attempts as riskier.

Instruments, Platforms, and Firms Mentioned

• NQ, the presenter’s preferred market, discussed as a derivatives-market instrument
• TradingView, including a free “HTF Power 3” indicator that displays the 4-hour candle alongside a lower-timeframe chart
• Prop-firm trading and funded accounts, including:
  • Take Profit Trader
  • Take Profit Pro
  • BullNox
  • Apex Trader Funding
  • Elite Trader Funding

Timing and Performance Claims

The key session time is 10:00 a.m. Eastern, which the presenter describes as 30 minutes after the U.S. stock-market open and the start of a new 4-hour candle.

One example is dated Wednesday, May 20; another trade is described as having occurred the prior week. A highlighted trade is said to have captured 720 ticks.

The presenter also claims that:

• He has earned more than six figures in personal profits and payouts.
• Some students have had $40,000–$50,000 months.
• Examples include an $18,000 payout, a $10,000 payout, and an account growing from $50,000 to over $160,000.

These are promotional claims presented in the video and are not independently substantiated in the transcript.

The presenter promotes a free two-day workshop on June 14–15 at 8:00 p.m. Eastern, covering the entry model and prop-firm diversification. He argues that diversification across prop firms is necessary to reach multiple six figures in payouts.

Disclosures and Cautions

• The subtitles contain no explicit “not financial advice” disclaimer.
• The video does not independently substantiate the presenter’s results or student outcomes.
• The strategy involves derivatives and prop-firm accounts, but the subtitles do not provide a comprehensive discussion of fees, drawdown rules, or the risk of loss.

Presenter/source: Jack (JackTrades). Examples and payout references include Dan, Jay, and Tyler, as well as the firms listed above.