207# Double Smoothed Stochastic Scalping
Stochastic forex strategy
Submit by Joy22 18/03/2012
Time Frame 5min or higher,
Currency pairs, Majors
Rules very simple
Stochastics is less than the LWMA clearly.
FDB Buy Sell Pressure is Red
On the levels pivots point.
Profit Target predetemined (6-12 pips depends on the currency pair for 5 min setup, 9-18 pips depends on the currency pair for 15 min setup);
Stop Loss : 5 pips above or below the bar of entry
In the pictures Double Smoothed Stochastic Scalping in action.
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Stochastic Forex Strategies