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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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