247# Trendline Scalping
Submit by Nico 04/11/2012
Indicators: (TradersCupu indicators)
Open the chart time frame of 60 minutes.
After open the chart timeframe15 min, open a trade only in the direction of the trend of 60 min chart.
Example in the chart EUR/USD to 60 min, the trend is negative. We open the graph 15 minutes here, too, the trend is negative. Selling only Sell.
Example in the chart EUR/USD to 60 min, the trend is positive. We open the graph 15 minutes here, too, the trend is negative. Not trade.
Exit position options:
profit target 12-18 pips depens by currency pairs
take profit on the level pivots points;
exit when appears oppsite dot.
Place Stop loss2 pips above or below dots of Doda Bollinger indicator.
In the pictures Trendline Scalping in action.
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