Luxury Forex Scalping Strategy

This is a scalping strategy that uses 5 minute timeframe and is applicable to all major pairs. This system using more on the EMA indicators.

Forex Indicators:

• EMA 20
• EMA 50
• EMA 200
• MAX OBOS oscillators 30-40 adn 10-20.

Long entry:

• EMA 20 is greater than EMA 50.
• EMA 50 is greater than EMA 200.
• Max oscillator 10-20 red is greater tha the blue max oscillator 30-40.
• Re-entry signal could be the pullback of the price towards the rising EMA with previous conditions.

Short entry:

• EMA 20 must be less than EMA 50.
• EMA 50 must be less than EMA 200.
• MAX Oscillators (10-20 red) is less than Max Oscillators (30-40 Blue).
• Re-Entry signal is the pullback of the price towards the rising EMA’s with the previous conditions.

Place stop loss at 2 pips + spread below or above EMA 50

Take profit at 8 pips for EU, 6 pips for AU and 10 pips for GU.

For buy, EMA 20 is below 50
For sell, EMA 20 is above EMA 50.

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 50% Cash Rebates for all Trades!

>> Sign Up for XM Broker Account here with Exclusive 50% 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: 𝟕𝐖𝟑𝐉𝐐

Click here below to download:

Save

Save

Get Download Access