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1 min forex scalping with slow Bollinger Bands

1 min forex scalping with slow Bollinger Bands is a trend reversal strategy based on Bollinger Bands with momentum  indicators.
Time Frame 1 min.
Apply this method at the 4 pairs at the same time.
Currency pairs: EUR/USD, GBP/USD, GBP/JPY, USD/JPY.
Forex Indicators:
Bollinger Bands slow 70 period, deviation 2.0,
Bollinger Bands slow 70 period, deviation 3.0,
Bollinger Bands slow 70 period, deviation 4.0,
RSI (period 9, with level 30 and 70),
Stochastic (14, 4, 4 with levels 30 and 70 ).
Trading rules
Buy
Price break or touches at least the lower band of Bollinger Band 70 period deviation 3.0
RSI go upward from below 30 level.
Stochastic oscillator crosses upward from below 30 level.
Stop loss 10-12 pips.
Profit targe 10 -12 pips or at the meedle band.
Sell
Price break or touches at least the upper band of Bollinger Band 70 period deviation 3.0.
RSI go downward from above 70 level.
Stochastic oscillator crosses downward from above 70 level.
Stop loss 10-12 pips.
Profit targe 10 -12 pips or at the meedle band.
In the char below examples of trades of 1 min forex scalping with slow Bollinger Bands.
1 min forex scalping with slow Bollinger Bands

1 min forex scalping with slow Bollinger Bands

1 min forex scalping with slow Bollinger Bands Reviewed by learn forex trading on June 15, 2017 Rating: 5

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