35# Weekly scalping Trading System
Submit by Janus Trader 31/05/2012
Time Frame weekly
Currencie pairs:any
Place trades 50 PIPS above or below the close for the previous week.
Use a fixed 50 PIP stop.
Profit Target 100 pips
GBP/USD Example:
Previous weekly close: 1.9597
Buy: 1.9647
Sell: 1.9547
The system can be combined with indicators, such as the Relative Strength Index (RSI), Average Directional Movement (ADX) or Moving Average Convergence Divergence (MACD) as filters.
Share your opinion, can help everyone to understand the forex strategy.
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Yannick (Thursday, 19 January 2017 19:56)
C'est tellement simple et efficace que ça en est énervant :-D