Tag Archives: 5Minute

Easy Forex Strategy – Scalping 5 Minute Chart – Read Description …



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How the signals will be sent..

Monday to Friday, Depending on market conditions, signals broadcasted via text directly to your phone.

Easy and simple to execute the trades so it can be done via the app, on the go. Stop losses and take profit targets included on each asset.

Strategy

– 5 SMA – 144 WMA
Take profit 20 pip, Stop Loss – 15 pips or closest swing high or low
London, US Session only – pairs.. – EURUSD/GBPUSD/ USDJPY

BUYING RULES

The buy trading rules for this 20 pips scalping system are really simple, here they are:

buy when 5 sma crosses the 144 linear moving average to the upside.
place your stop loss below the most recent swing low point or 15 pips, whichever comes first.
For your take profit target, aim for 20 pips.

SELLING RULES

You do the exact opposite of the buy rule when you sell…

buy when 5 sma crosses the 144 linear moving average to the downside.
place your stop loss below the most recent swing high point or 15 pips, whichever comes first.
For your take profit target, aim for 20 pips.

Your Capital Is At Risk
I’m simply showing the strategy I use.

Forex 5-Minute Scalping Strategy



In this video I demonstrate my 5 Minute Trading Scalping Strategy for Forex. This is a trend trading strategy that should only be used when the market is trending. Only enter trades using this strategy when the moving averages are angling. If the moving averages are flat or you get a reversal candle, exit the trade. The market only trends about 20% of the time.

– 50 period SMA – Simple Moving Average, 10 and 15 period EMAs – Exponential Moving Averages
– All calculations on the Close

Uptrend:
(1) All MAs angle upward.
(2) Wait until price closes below the 10/15 EMAs and the closes above the EMAs.
(3) Enter long and place your stop loss underneath the candles that closed below the 10/15 EMAs.

Downtrend:
(1) All MAs angle downward.
(2) Wait until price closes above the 10/15 EMAs and then closes below the EMAs.
(3) Enter short and place your stop loss above the candles that close above the 10/15 EMAs.