TFX Obos Forex Scalping Strategy


TFX Obos

This trading system can be easy to use. This will work best during London and New York sessions. EURUSD, AUDUSD and GBPUSD are the suggested currency pairs on a 5 minute timeframe.

Forex Indicators:

  • TFX Pivot Points;
    TFX Pivot Pro;
    TFX Trend Bars;
    TFX Reversal;
    TFX Obos oscillator set to (8)

For LONG Entry:

  • TFX Reversal Green arrow confirmed by direction green arrow.
  • TFX Obos oscillator must be greater than 0.

For SHORT Entry:

  • TFX Reversal red arrow confirmated by:direction red arrow.
  • TFX Obos oscillator less than zero.

To Exit the position, TFX reversal indicator must show its reversal signal.
You can exit if price touches the pivot points.
Take profit at 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD
Set stop loss on Cyan arrow direction for long and red arrow direction for short.

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