10 Pips Per Day Scalping Strategy - Forex Strategy Resources

Title : 10 Pips Per Scalping Strategy day
Time period : 5 to 15 Minute Charts
Indicators : Bollinger Bands (20, 0, 2) and Stochastic Oscillator (5, 3, 3)


Making 10 pips per day in Forex time:

First you need to setup your maps once the image above. Into the discussion boards if you would like the Stochastic indicator like mine, you will find it. Now the key is not to earn 10 pips in one shot or in a single trade. In the event that trade skyrockets and offers you 10 pips, therefore be it. Otherwise, take everything you will get. I will post a video clip tutorial on this and to ensure it is easier to realize. The danger to reward ratio on this tactic is bad but has a higher accuracy price. Therefore please trade at your own discernment.

Steps to find to scalp your 10 pips

- Look just on the pairs which can be major. (EURUSD, USDJPY, GBPUSD, USDCHF)
- A close must take place outside the Bollinger Band indicator
- Stochastic Oscillator indicator must be in a oversold (below 20) or area that is overboughtabove 80).
- If marketplace is in a uptrend, look for a candle that is red. If marketplace is in a downtrend try to find a candle that is green.
- We will call these the “Signal Candles”
- Once the thing is your alert candle, enter for the reason that direction that is exact same scalp your pips.
- Stops are difficult kept at 20 pips.