KG Sea Wave Forex Scalping Strategy
This scalping strategy may look complicated but actually it is easy to identify trading opportunities. It can work on a 5 minute or higher timeframe and can be applied to any currency pairs. But the lower the spread, the safer the trade will be.
Rules for Buy Entry:
- All waves must be blue.
- Candle must open above the upper envelope 62.
Rules for Sell Entry:
- All waves must be red.
- Candle must open below the lower envelope 62.
Exit Position:
- If you are in LONG position, stop loss should be place 3 pips below lower envelope. 3 pips if you are in short position.
- Refer to target point indicator for target profit.
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!
Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: VIP90
Click here below to download:
Enter Your Email Address below, download link will be sent to you.
Get Download Link