185# 5 min trending Scalping
Submit by Chen 06/02/2011
5M trending system - 10-15 pips/day
Hello people I am relatively new to forex and was wondering if i could get some feedback/advice on this Forex System.
Forex Indicators used:
Buy trade
When price action is above the Heiken Ashi smoothed
there has been at least 2 bullish HA candles
and the ADX is above 22 and showing bullish trend
Also Stoch is heading up
Sell trade: the opposite.
Risk reward 1:1/1:1.5 (so Stop Loss 10/15 pips, Profit Target 10/15)
Share your opinion, can help everyone to understand the forex strategy.
54# 5min Forex Trade - Forex Strategies - Forex Resources - Forex
164# 5 min Scalping System - Forex Strategies - Forex Resources
8# The 5 minute standard deviation scalp - Forex Strategies - Forex
184# 5 min Scalping - Forex Strategies - Forex Resources - Forex
27# 5 Min Intraday - Forex Strategies - Forex Resources - Forex ...
51# 5min Breakout - Forex Strategies - Forex Resources - Forex ...
138# 5 min Momo Trader - Forex Strategies - Forex Resources ...
101# 5 min Trading System - Forex Strategies - Forex Resources ...
95# 5 min Method - Forex Strategies - Forex Resources - Forex ...
131# 5 min Keltner System - Forex Strategies - Forex Resources ...
126# 5 min Trend Follower - Forex Strategies - Forex Resources ...
39# 5 min Channel - Forex Strategies - Forex Resources - Forex ...
192# 5 min Trading Guide - Forex Strategies - Forex Resources ...
125# 5 min Momo trade - Forex Strategies - Forex Resources ...
2# 5 Min Blue Trend Rider - Forex Strategies - Forex Resources ...