Last Updated on May 9, 2025 by Tim Morris
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.
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