This strategy is excellent to scalp the forex market. This simple strategy consists of Bollinger Bands and MACD indicator.
The Bollinger Bands indicator consist of 3 bands or lines : Bollinger Upper Band, Bollinger Lower Band and Bollinger Middle Band.
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The CCI Forex Trading Strategy With Support And Resistance is most profitable done on a 15 minutes chart timeframe. This scalping strategy uses support and resistance levels in conjunction with CCI to signal the entry and exit points.
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Here’s a simple scalping forex strategy based on a Piercing line pattern and 100 EMA and it is called the piercing line reversal pattern scalping strategy.
I’ll explain to you how this scalping strategy works. I will also give you some options on how to close your trades for profits, but first let me start by explaining what piercing candlestick pattern is.
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The CCI trading strategy with support and resistance is most profitable done on a 15 minutes chart timeframe. This scalping strategy uses support and resistance levels in conjunction with CCI to signal the entry points.
The CCI indicator is an oscillator and it is used to determine overbought and oversold levels. For more information about different types of trading indicator you can check this post here. Continue reading “15 minutes scalping strategy with CCI and support and resistance levels”
Here’s a really easy scalping strategy that uses 200 Exponential moving avarage and stochastic oscillator. I am going to explain how it works, where to place your stop loss and also give you some options on how to close your trades for profit.
Before I explain how this scalping strategy works, let me quickly explain the purpose of these two indicators we are going to use. Continue reading “scalping with stochastic and 200 EMS indicators”