Forex 1 Hour Scalping Strategy
Forex 1 Hour Scalping Strategy – Hello friend of traders, on this occasion forextradingwin.com want to share with you about the 1 Hour Forex Scalping Strategy
I utilize the after hours forex heading technique to exploit the euro/dollar currency set throughout the forex after hrs. Particularly in between 7: 00 PM EST and also 0: 00 AM EST
The technique works counter-trend as well as professions short on top of the variety and long at the bottom of the variety.
- Preferred money set to trade: Euro
- Time to Profession: In between 7: 00 PM EST as well as 0: 00 AM EST (5 hrs).
- Preferred Duration’s: 5 Min or 15 Min.
EUR/USD After Hours Trading Example.
The after hrs forex technique made me 28 pips in 5 hours of trading the euro/dollar. (see screenshot).
Forex 1 Hour Scalping Strategy :
- Mark off the high-low variety between 4PM EST and 7PM EST.
- Crucial! The variety needs to be at the very least 30 pips, otherwise no trading.
- Trade the variety between.
- 7: 00 PM EST and 0: 00 AM EST.
- We ‘d like to go short on top of the 4PM EST as well as 7PM EST trading array.
- We ‘d like to long at the end of the 4PM EST and 7PM EST trading range.
- Quit trading at 0: 00 AM EST
- Go long instantly after the euro/dollar touches the array low.
- Seek to scalp 20 pips.
- Location stop loss 12 pips below the reduced of the trading variety.
- Go short quickly after the euro/dollar touches the array high.
- Want to scalp 20 pips.
- Area stop loss 12 pips over the high of the trading range.
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