JMO Pivot Forex Scalping Strategy

This is a strategy that uses price action and JMO indicator. This works in a 15 minute timeframe and is applicable to major currency pairs.

Metatrader indicator:

• Pivot Levels Scalping Metatrader indicators:
• LC-Pivot,
• Jmo V.5 (3). overbought >85; oversold<15.

Sell Entry:

• The price must touch the pivot levels.
• JMO is in overbought zone greater than 85 level.

Buy Entry:

• The price must touch the pivot levels.
• JMO is in oversold zone less than 15 level.

Exit position:

• Exit on the next pivot levels.
• Take profit at 7 pips for AUDUSD, 8 pips for EURUSD, GBPUSD 10 pips and USDCHF 8 pips.
• Stop loss Ratio 0.8 Profit Target.

Recommended MT4 Broker

XM Broker

• Free $50 To Start Trading Instantly! (Withdraw-able Profit)
• Deposit Bonus up to $5,000
• Unlimited Loyalty Program
• Award Winning Forex Broker
• Additional Exclusive Bonuses Throughout The Year
• Exclusive 90% VIP Cash Rebates for all Trades!

>> Sign Up for XM Broker Account here with Exclusive 90% VIP Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: VIP90

Click here below to download:

Save

Save