Powerful 1 Minute Scalping with Double CCI Forex Scalping Strategy

August 11, 2016

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Powerful 1 Minute Scalping with Double CCI Trading System

This strategy is another one minute scalping system that uses several indicators. This is applicable for 1 minute and 5minute timeframe. This works on currency pairs such as EURUSD, GBPUSD, AUDUSD, EURJPY, GBPJPY.

Forex Indicators:

Double CCI 170
CCI 34
RSI 14
Sup Fibo
HA

To enter a long trade:

CCI 170 is over the 0 Line showing uptrend, MUST BE THE FIRST TO CROSS
CCI 34 is over 0 line showing uptrend MUST BE SECOND TO CROSS IN SAME DIRECTION
The condition is CCI34 must be greater than CC170.
RSI is over 55

Note: Don’t enter if RSI is in between the 45-55 zone (45-55) IS DANGER DO NOT ENTER ZONE once it crosses in the same direction take the trade.

To enter a short trade:

CCI 170 is under 0 line showing down trend MUST CROSS FIRST
CCI 34 is under 0 line showing down trend MUST CROSS SECOND
RSI is under 45

Note: Don’t trade when in the 45-55 zone
The condition is CCI34 must be less than CCI170.

Do not trade against the 5 minute trend. If it’s trending down and giving an up signal, don’t take it. It’s a retracement. Look for lower lows and higher highs.

To exit position, wait when CCI 34 crosses Zero.
Stop loss must be on the previous swing.
Take profit at 5-15 pips for AUDUSD, 9 pips for EURUSD, 12 pips for GBPUSD, GBPJPY and 15 pips for EURJPY.

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