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David Bradshaw Forex Scalping Strategy
This is a scalping strategy that is applicable during 2:00 EST and 12:00 EST or 7:00 UK time and 17:00 UK time. This works on a 5 minute chart and EURUSD is the suggested pair to test this system.
You can use other pairs after trying on EU. Suggested pairs are GU, UCHF, UJ, AU, UC.
Forex Indicators:
- Zwinner stochastic (add level 20 and 80)
- Zwinner Color signals
- Multi pair
Long Entry:
- Stochastic lines should be rising above the 20 level.
- Stop loss should be 2 pips below the lowest of the 3 candles
- Take profit when zwinner color signal change to red.
Short Entry:
Zwinner stochastic must be going below 80 level.
Zwinner color signal change color to red.
Exit trade when you see the color change to aqua.
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