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FOREX LINE 6 GOLD VERSION SCALPING STRATEGY TIMEFRAME M5

FOREX LINE M5 SCALPING – SELL TOP BUY BOTTOM


 THIS STRATEGY IS FOR TRADING ON TIMEFRAME M5 BY USING FOREX LINE V6 GOLD VERSION TEMPLATE M5
 USE SMALLEST CHART VIEW TO FOR THIS TEMPLATE IN ORDER TO GET ACCURATE FOREX LINE SIGNALS
HOW TO ENTRY BUY USING M5 TEMPLATE SCALPING
 MAKESURE MINI LINE AT OVERSOLD ZONE BELOW LINE LEVEL ‘10’ & ‘20’
 MAKESURE STOC LINE IS ALREADY CROSSED AND ABOVE MINI LINE
 SMALL LOTS ENTRY ON PULLBACK CANDLE OR CANDLE RETEST DAILY SUPPORT LINE IF STOC LINE ABOVE MINI LINE
 BIG LOTS ENTRY IF MINI LINE ARROW COME OUT BELOW LINE LEVEL ‘10’
 NO STOP LOSS NEEDED BUT EXIT IF STOC LINE GOING BELOW MINI LINE OR NEXT ARROW COME OUT
 SELL ARROW AT OVERSOLD ZONE IS A FAKE ARROW SIGNAL – CAN HOLD AND RE-ENTRY BUY ON NEXT BUY ARROW
HOW TO ENTRY SELL USING M5 TEMPLATE SCALPING
 MAKESURE MINI LINE AT OVERBOUGHT ZONE ABOVE LINE LEVEL ‘90’ & ‘80’
 MAKESURE STOC LINE IS ALREADY CROSSED AND BELOW MINI LINE
 SMALL LOTS ENTRY ON PULLBACK CANDLE OR CANDLE RETEST DAILY RESISTANT LINE IF STOC LINE ALREADY BELOW MINI LINE
 BIG LOTS ENTRY IF MINI LINE ARROW COME OUT ABOVE LINE LEVEL ‘90’
 NO STOP LOSS NEEDED BUT EXIT IF STOC LINE GOING ABOVE MINI LINE OR NEXT ARROW COME OUT
 BUY ARROW AT OVERSOLD ZONE IS A FAKE ARROW SIGNAL – CAN HOLD AND RE-ENTRY SELL ON NEXT SELL ARROW

BIG LOTS WITH 10PIPS-100P TAKE PROFIT FOR SCALPING – RECOMMENDED (MAX TP IS 30PIPS-300P)

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