One Minute Scalper Forex Scalping Strategy

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One Minute Scalper

This system is for scalping using a EMA (Exponential Moving Average) indicators. Great for 1 minute chart and can be use in EURUSD, GBPUSD and AUDUSD pairs. Indicators that are present in this strategy are as follows:

  • EMA period 100
  • EMA period 50
  • Stochastic (5, 3,3)

For LONG entry:

  • 50 EMA must be greater than 100 EMA.
  • Look for significant support levels.
  • Wait for the price to pull back to the support line.
  • Stochastic oscillator must be below 20 back above 20.
  • Open a long trade
  • Set Stop Loss 3 pips below support and Take Profit at 7-12 pips

For SHORT entry:

  • EMA 50 must be less than EMA 100
  • Look for a significant level of resistance.
  • Wait for the price to pull back to the resistance line.
  • Stochastic oscillator must be above 80 back below 80.
  • Open a short trade.
  • Set Stop Loss 3 pips above resistance and Take Profit at 7-12 pips.

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