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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


Microtrading M1 And M5 Charts Reviewed by learn forex trading on May 30, 2017 Rating: 5

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