Simple Scalping System - ForexFactory #92699
Rectal Router Simple Scalping System
Hi.
(Applicable to U/J, U/C, can also be used for other pairs with some modifications)
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1. Charts
This is the indicator chart.
-30 minutes
-EMA 9
-EMA 9 (+/- vertical % 0.05, 0.07, 0.09, 0.11, 0.13 and 0.17)
If the current candle reaches +/- EMA 9 0.17 ().
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2. Charts
This is the trigger diagram.
-5 minutes
-EMA 9
-EMA 9 (+/- vertical % 0.05, 0.07, 0.09, 0.11 and 0.13)
Long signal:
If the current candle touches EMA 9 -0.11 (black), we will receive the first long signal to enter.
We have a second entry long signal when the same candle hits EMA 9 -0.13 ( green ) without a significant pullback.
The second entry must be approximately 2-3 points better than the first entry.
Short signal:
If the current candle touches EMA 9 0.11 (black), we will receive the first short entry signal.
We have a second entry short signal when the same candle hits EMA 9 0.13 (green) without a significant pullback.
The second entry must be approximately 2-3 points better than the first entry.
Target 5 points.
Stop loss 10 pips.
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rule:
-During news time, take a 15-minute break
Trading hours:
-8-11 GMT
-13-18 GMT
http://img518.imageshack.us/img518/2799/scalp1hj2.gif
I'll be doing some trades here next week to give a live introduction to this system.
rectal router
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