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Zee Zee Trading System
This is another scalping strategy that uses a 1 minute and 5 minute timeframe. All major pairs are useful in this system. The indicators needed for this system is listed below:
- megatrend,
- zee zee,
- Swing zz.
Only take trades in the direction of Mega trend.
For Long Entry:
- When ZZI14 is below -100 indicated with the GREEN color, look for a strong bullish candle formation (A candle that CLOSES above the OPEN price of the previous candle on a BUY trade.)
For Short Entry:
- When ZZI14 is above 100 indicated with the RED color, look for a strong bearish candle formation (A candle that CLOSES below the OPEN price of the previous candle on a Sell trade.)
Place a stop loss a few pips below the swing ZZ.
Profit Target ratio1.5. (If stop loss is 10 pips, Profit target is 15 pips).
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