1 min Contrarian Scalping VIII
Time Frame 1 min
Currency Pairs: Majors
Indicators:
Contrarian
Bollingher bands (20:2)
Long Entry:
wait price break lower band, entry when appears green arrow.
Short Entry:
wait price break upper band, entry when appears red arrow.
Exit:
Place stop loss 3 pips above upper band (for sell) or below lower band (for buy).
Profit Target on the middle band or 4 pips AUD/USD, 5 pips EUR/USD, 7 pips GBP/USD (recommended)