301# Scalping with Envelopes
Scalping System GBP/USD Envelopes with Two moving averages
Submit By Maximo Trader 09/08/2013
This Scalping System with envelopes is setting for GBP/USD 5 min time frame, Counter-trend scalper Strategy.
Arrows Buy-Sell indicator.
If the price crosses and closes below the lower envelope, then buy at first buy Arrow.
If the price crosses and closes above the upper envelope, then sell at first sell Arrow.
If the price crosses and closes above the lower envelope, then exit long at market.If the price crosses and closes below the upper envelope, then exit short at market.Profit Target 12 pips; Stop Loss 15 pips.
Also if the ratio of this Scalping System GBP /USD: is <1, this strategy is profitable.
In the pictures below Scalping System GBP/USD Envelopes with Two moving averages in action.
scalping system with envelopes
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