Mumbai Forex Scalper Strategy
Hi, have a look for this one.
Name : The Mumbai Forex Scalper Strategy
Time Frame : 15 minutes and above
Indicators : Parabolic SAR (0.02, 0.2) , Stochastic Oscillator (5, 3, 3)
Using this scalping strategy:
We can start off by opening a 15 minute chart on your desired pair, preferably forex pair with low spreads. Attach the Parabolic SAR with the settings mentioned above The Parabolic SAR can be used by giving us a sense of direction similar to a moving average. Once we find a trend in the market, we want to keep an look out for a cross in the Stochastic Oscillator to confirm the entry.
Here's the video :
http://www.youtube.com/watch?feature...=sUIdnmUevvA#!
Mumbai Forex Scalper Strategy.
thanks for your information about the scalper strategy...
i have some questions about this strategy :
1. In what session it is good for scalping ? In London/US or ?? I think it's different for each session
2. Is this technique good for all pairs ? I usually trade with EU, GU, AU and NU...
3. How many pips ? If we take profit > 10 pips, it's more difficult but if we take profit 5-10 pips, it's simple...
Thanks..