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5 Minutes Intraday System |
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Written by PhillipNeils
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Monday, 13 October 2008 |
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I am using this 5Min intraday strategy with great success on the EurUsd and Gpb/Usd. Three
deals max. per day. Open position when the angle of the 50 Simple
moving average are greater than 20Degrees and the price retrace back
into the zone of the 21 Exponential moving average and the 10
Exponential moving average. Set stoploss at 6 pips plus spread and
profit taking at 8-10 pips. Move stoploss to breakeven as soon as 6
pips gain is obtained. Using this strategy is at your own risk. Hope
someone will benefit from it.
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Written by Administrator
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Monday, 20 October 2008 |
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Yes, one look - one hit. A trader can decide on his/her trading plans
by a simple 1 second glance at the chart. It is a very simple Forex
trading system that is a pleasure to use for traders with a busy
schedule.
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Last Updated ( Monday, 20 October 2008 )
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Tips and Facts about Scalping in Forex |
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Written by Administrator
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Thursday, 16 October 2008 |
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The only way to make small account big in a short period of time is through the use of really high leverage.
But wait... do not jump of the cliff right away. Start with reasonable
leverage for scalping, for example 20:1 or at most 50:1, then move on
as you see scalping skills improve. But even before that do not be lazy
to demo trade your scalping system – make sure it will not disappoint
you later...
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Great GBP/JPY 1M scalping strategy |
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Written by Administrator
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Thursday, 16 October 2008 |
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Currency: GBP/JPY or USD/JPY (though i use it mainly on gbp/jpy:
Timeframe: 1M, 5M, 15M
Indicators: 3 sets of bollinger bands:
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Last Updated ( Thursday, 16 October 2008 )
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