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.

 

MTF_HI_LOW
Forex Indicator
MTF_HI_LOW.rar
compressed file archive 2.4 KB

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