Hello everyone, I am a new trader (less than 1 year of live trading) and I created this scalping strategy, I was wondering what you guys thought of it. This is for crude oil.

Quick Rules:
Avoid trading 5 minutes of open/major news
Avoid fading far from structure (support/resis)

Setup:
1) Identify channel, be on the lookout for long tails sticking out of the support/resis lines of channel.
2) Take trade in direction of trend (got burned WAY too many times)
3) Enter 1 cent below top of tail, stop 2 cents above entry, target 1 cent above bottom of channel.

This works well, but is there anything I am missing (being more selective on trades, tighter/looser stops/targets, anything really)?

I take around 10-20 trades a day usually ranging from 3am-6am to 8am-11:30 and 1:30pm-2:30pm, are these times optimal? or is there a better time to trade.

I appreciate all feedback and I really wish to hear back from this community, Cheers.

What timeframe is the channel on?

Your stops and targets are too 'precise' and need more flexible rules based on volatility. Just my opinion.