TFX Obos Forex Scalping Strategy

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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;
    Direction;
    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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