82# 1 Min EURUSD Scalping Strategy
1 min Scalping System
Submit by Johnny
Following are the chart set up with indicators
1. 10 EMA(close) with any suitable colour
2. Bollinber bands with 18 Deviation 2 period, close and zero shift
3. PSAR step 0.018 and Max 0.08
4. MACD with default settings but close value
5. RSI 14 period close with level 50
Set up the chart and only try to trade the first three hours of any trading session. try to
stick only to EURUSD pair as this strategy will work in better way.
1. when 10 EMA crosses above middle of BB
2. MACD is above zero line
3. RSI is above 50
4. Use PSAR as only visual trend direction aid.
reverse whole procedure from above.
Please keep 10 pip stop loss or 3 pips above or below middle bandprofit 5 pips and above. some time you will catch
bigger trend as well.
In the pictures 1 min EUR/USD scalping forex system in action.
1Min EURUSD Scalping Strategy based:
Ema , Bollinger bands, PSAR,MACD and RSI indicators. This is a trend following scalping system.
Share your opinion, can help everyone to understand the forex strategy.