1 minute trend momentum scalping strategy https://www.learn-forextrading.org/2015/04/1minute-trend-momentum...

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1 minute trend momentum scalping

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 learn forex trading  April 05, 2015 0

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1 minute trend momentum scalping strategy is a classic trading system for the trade on
the forex market.

Time frame 1 min or 5 min.

Currency pairs (majors)
Trading session (London and New York) do not trades before economic news.

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1 minute trend momentum scalping strategy https://www.learn-forextrading.org/2015/04/1minute-trend-momentum...

Setup chart with trading indicators:

1. 10 Exponentiation Moving average(EMA) (close) with Green colour
2. Bollinber bands with 20 Deviation 2 period,
3. ParabolicSAR step 0.019 and Max 0.08
4. MACD (12, 26, 9) with default settings
5. Relative strength index(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 it only to
EURUSD pair as this strategy will work in better way .

Go Long
1.10 EMA crosses above middle of Bollinger Bands.
2. MACD > 0 zero line.
3. RSI is above> 50 level.
4. Use Parabolic SAR as only visual trend direction aid.(optional).
UPDATES

Go Short

1. 10 EMA crosses above middle of BB.
2. MACD is < 0 zero line. Cloud Mom

3. RSI is below <50 level.


4. Use Parabolic SAR as only visual trend direction aid.(optional).
Tutorial ba
Initial Stop loss 15 pips. Profit target 6-9 pips. After 5 pips in gain move stop loss at breakeven.

True Supp

200 EMA w

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1 minute trend momentum scalping strategy https://www.learn-forextrading.org/2015/04/1minute-trend-momentum...

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1 minute trend momentum scalping strategy

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