324# JMO Pivot Scalping System

Pivot Levels Scalping

Submit by Alexander 21/04/2013

 

This stategy is based on the price action. JMO is setting very fast.

 

Time Frame 15 min.

Currency pairs majors.

 

Pivot Levels Scalping Metatrader indicators:

LC-Pivot,

Jmo V.5 (3). overbought >85; oversold<15.

 

Sell

  1. wait that the price touches the pivot levels

  2. wait that jmo is in overbought zone >85 level.

 

Buy

  1. wait that the price touches the pivot levels

  2. wait that jmo is in oversol zone <15 level .

 

Exit position;

1) On the next pivot levels.

2) Profit Target 7 pips AUD/USD, 8 pips, EUR/USD, GBP /USD 10 pips, USD/CHF 8 pips. (recommended because the profitability is higher).

Stop loss Ratio 0.8 Profit Target.


 

In the pictures below JMO Pivot Scalping System in action.

JMO Pivot Scalping System
JMO Pivot Scalping System

JMO Pivot Scalping System

JMO Pivot Scalping System
JMO Pivot Trading System indicators and template
JMO Pivot Scalping System.rar
compressed file archive 8.5 KB

Write a comment

Comments: 1
  • #1

    Konrad (Tuesday, 23 September 2014 13:28)

    Also good for trading Binary Options High/Low. Expiring Time 30 Min.

Pivot Scalping System