288# Speed 2min Scalping
Trend momentum scalping filtered by Price Action Support and Resistance
Fast moving averages with Stochastic Dss
Submit by Maximo Trader
Speed 2min Scalping is a fast trading technique also applied to trading with high / low binary options but at the two minute time frame.
The trading system is based on two fast moving averages and the Stochastic DSS filtered by a support and resistance indicator therefore the direction of the trades is always a function of the rebound from the S / R levels.
Binary options High/Low time frame 2 min. Expiry time 1 Candle or 3 candles.
Forex scalping 2 min time frame. Forex day trading 5 min, 15 min, 30 min and 60 min time frame.
This strategy works on all time frame, best daily TF.
Currency Pairs: Binary options and scalping: major. Day trading major and minr.
Metarader Indicators
Exponential moving average 3 period, swift 1, close.
Arrow blue gap 3.
Arrow with gap 10.
Best reversal SNR support and resistance indicator with count test.
UK MA fast moving average 4 period, close (very fast method.
DSS fast (3, 8).
How to open 2 min chart
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open for example GBP/USD 1 min TF
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2 apply template 1
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open of line GBP/USD 2 min chart and apply template speed 2 min scalping.
Trading rules Speed 2min Scalping
Buy
When the price bounces on support wait that UK MA crosses upward exponential moving averages 3 period and at the same time DSS draws an blue arrow.
Open an buy (call) position at open of the next candle.
Sell
When the price bounces on resistance wait that UK MA crosses downward exponential moving averages 3 period and at the same time DSS draws an blue arrow.
Open an sell (put) position at open of the next candle.
Exit position
Place initial stop loss below/abow S/R lines.
Profit target ratio stop loss from 1:1 at 1:12.
In the pictures Speed 2min Scalping in action.
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