Foreign Currency Exchange

Scalping Forex Trading Strategy-90% Success

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Indicators:

  • EMA : 660 or any long term moving average
  •  RSI : 14 periods – levels 70 and 30

Time Frame : 5min

Pairs : EURUSD is the best

 

Entry points:

Buy Signal:

1- price moving above the 660 EMA

2- price touch the line 30 of rsi indicator ( oversold )

3- 30 pips stop loss / 30 pips take profit

Sell Signal:

1- price moving below the 660 EMA

2- price touch the line 70 of rsi indicator ( overbought )

3- 30 pips stop loss / 30 pips take profit

 

 

 

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