Best Trading Strategy With 1 Minute Duration

This technique is not only in the allocation for traders who have long been unfortunate in the world of forex but this technique is very suitable also for novice traders. How to use this technique so as to make a profit for your trading as well as the indicator of what is used for this technique we immediately discuss with the same as what the technique.

Scalping Engineering Concept

For the concept of this 1 minute Scalping technique as follows:

-Suitable in use for all currency pairs that have low spreads
-Time Frame setting on M1 (1 Minute)
-Used Indicators:
  1. Tochastic with setting (5, 3.3)
  2. Exponential Moving Average (EMA) with period 50 and 100
-The best time during the trading sessions of London and New York

Scalping Techniques Practice

Once we know the concept of what we are now in, how practice

Rules for Entry and exit positions

For Buy rules:
-The EMA 50 must be above the EMA 100
-Wait for correction to the EMA area
-Wait to confirm buy signal from stochastic
-Place the SL range at 20-30 pips below the nearest low swing level
-Place TP 80--120 pips from the entry position

Here's an example graph:
Best Trading Strategy With 1 Minute Duration
The terilahat of the graph example above where the EMA 50 line is above the EMA line 100 and from the stochastic chart is in the oversold area which means there is a BUY signal confirmation.

For Sell rules
-The EMA 50 should be under the EMA 100
-Wait for correction to the EMA area
-Wait for sell signal confirmation of stochastic
-Place the SL about 20--30 pips above the nearest high swing level
-Place TP around 80--120 pips from entry level

Here's an example graph
Best Trading Strategy With 1 Minute Duration
In the example graph above looks where the EMA 50 is under the EMA 100 and for the stochastic line itself is in the overbought area which means there is a signal to the entry sell. 

It is for entry and exit rules of position but as always we suggest that you to test it first this technique simulated trades before applying in real account because if this strategy does not match the charateristic Your trades and the results are not as expected, there will be no financial risk that befalls you.

Good luck....
Best Trading Strategy With 1 Minute Duration Best Trading Strategy With 1 Minute Duration Reviewed by TRADING TRICK on May 11, 2019 Rating: 5

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