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Saturday, January 28, 2012

Trading System, 1 min Scalping X


/ On : 2:55 PM

Trading System, 1 min Scalping X


Time Frame 1 min.
Currecy pairs: majors.

Indicators:

 230-Period Exponential Moving Average
 115-Period Exponential Moving Average
 46-Period Exponential Moving Average
 23-Period Exponential Moving Average
 Stochastic Oscillator (%K = 3, %D = 2, Slowing = 2)
Once you have your charts setup then we’re ready to get on with learning the method.

long entry first:
The 115 and 230 MAs provide the longer-term guide to trend direction for us. That’s our RULE #1: 115EMA must be above the 230EMA 
Exit
Stop Loss3 pips above or below 46EMA
Profit TargetAud/USD 6 pips, EUR/USD 8 pips, GBP/USD 10pips.

Template.rar
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