Microtrading M1 And M5 Charts

Microtrading is a scalping technique fast.
Sessions : London and New York.
Currency pairs: EUR/USD, GBP/USD, USD/JPY.
Time Frame 1 min, 5 min.
Forex Indicators:
Bollinger Bands (18 period, 2.0 deviation)
3 Exponential moving average,
MACD histogram (12, 26, 9),
Relative Strength lndex period, 14.
Trading rules Microtrading M1 And M5 Charts
Buy
Wait for the З EMA to cross upward 18 middle line of Bollinger Bands
Relative Strength lndex going upward above 50 level.
MACD Histogram to going up, or histogram above О level.
Sell
Wait for the З EMA to cross downward 18 middle line of Bollinger Bands
Relative Strength lndex going upward above 50 level.
MACD Histogram to going down, or histogram below О level.
Profit Target 5-10 pips.
Place initial stop loss 5 pips below/above the entry.
Trading Examples
Microtrading M1 And M5 Charts Microtrading is a scalping technique fast.

Microtrading M1 And M5 Charts Microtrading is a scalping technique fast.

Microtrading M1 And M5 Charts

Microtrading M1 And M5 Charts

Microtrading M1 And M5 Charts


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