23# 1 Min Scalper Trading System
Scalper with EMA
Submit by forexfuturestradingsystem.com
This is a Scalper strategy based on (Exponential moving average) EMA.
Time frame:1 min;
Pair:EUR/USD, GBP/USD,AUD/USD
Spread:max 0.0015
Indicators for Scalper with Ema:
100 EMA (Exponential Movin Average);
50 EMA
Stochastic (5,3,3);
Long Entry
1) 50 EMA > 100 EMA.
2) Find significant levels of support.
3) Wait for the currency price to retreat back to the support line.
4) Wait for the stochastic oscillator to trade from below 20 back above 20.
5) Open a long trade.
6) Place stop loss 3 pips below support.
7) Profit target should be at least 7-12 pips.
Short Entry
1) EMA50<100 EMA.
2) Find significant levels of resistance.
3) Wait for the currency price to retreat back to the resistanceline.
4) Wait for the stochastic oscillator to trade from above 80 back below 80.
5) Open a short trade.
6) Place stop loss 3 pips above resistance.
7) Profit target should be at least 7-12 pips.
Share your opinion, can help everyone to understand the forex strategy.
1 minute Scalping
76# 1 min Scalping II - Forex Strategies -
84# 1 min Scalping III "Profit System" -
85# 1 min Scalping IV "Powerful" -
136# 1 min Scalping with Pivot Points (IX) -
86# 1 min Scalping V - Forex Strategies - Forex Resources -
133# 1 min Contrarian Scalping (VIII) - Forex Strategies -
75# 1 min Scalping GBP/USD - Forex Strategies -
147# Absolute Strength Scalping (1 min XIII) -
Write a comment
zack9199 (Monday, 05 November 2012 02:59)
Terbaik
Forextradingstrategiesresources (Tuesday, 11 June 2013 23:32)
Max 5 pips Janus Trader
nazrul (Tuesday, 22 April 2014 12:35)
how to install the file of KG Support and resistant on the MT4 platform sir...TQ