40 # Scalping Method Trading System
Price Trigger Signal
Submit by ForexStrategiesResources
Time Frame 5min
Pairs:EUR/USD, GBP/USD, AUD/USD.
This condition is enclosed in the box labeled A on the illustration below.
This condition is enclosed in the box labeled B,C & D on the illustration above.
I have spotted 2 (or actually 3) EXIT scenarios:
1. Exit at the opposite Price Trigger Signal (see box B)
3. Exit when a candle closes with an opposite nonlagdot (for example: if we go LONG we wait for a candle to close with a RED nonlagdot, if we go SHORT we wait for a closed candle with a BLUE nonlagdot.
In the pictures below Volatility Pivot Points Levels in action.
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