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Simple 1 min Scalping with EMAs

Simple 1 min Scalping with EMAs is basic scalping system based on the crossover of the exponential moving averages.
Time Frame 1 min.
Cuirrency pairs: EUR/USD, GBP/USD, USD/JPY.
Chart Setup
Indicators: 12 exponential moving average, 26 exponential moving average, 55 simple moving average. An alternative is to use the same MA but smoothed.
Time frame(s): 1 min charts
Trading sessions: London session, US session
Currency pairs: Low spread (EUR/USD, USD/JPY
Trading Rules
Long Entries:
• When the 12 EMA crosses up the 26 EMA and 55 EMA from below then open a buy position.
• Place protective stop-loss below the most recent swing low.
• Exit the trade for 9 to 15 pips profit
Short Entries:
• When the 12 EMA crosses down the 26 EMA and 55 EMA from above then open sell position.
• Place protective stop-loss above the most recent swing high
• Exit the trade for 9 to 15 pips profit
Simple 1 min  Scalping with EMAs
Simple 1 min  Scalping with EMAs

Simple 1 min  Scalping with EMAs

Simple 1 min Scalping with EMAs Reviewed by learn forex trading on June 13, 2017 Rating: 5

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