The following strategy can be used on any of the intraday charts however it has shown the best results on the 1-hour timeframe and therefore it’s best to use it on the 1-hour chart. It is most suitable on the major Forex pairs, although there are no limitations regarding the Fx pairs it can be applied on.
This Bollinger Bands - CCI strategy is not a day-trading strategy, meaning trades can be held for as long as the conditions for the trade remain true regardless if that means holding the position overnight.
The main goal of the strategy is to profit on the acceleration of trends and their continuation in the direction of the trend in force.
Below is an example of how the strategy looks on the charts:
The Stochastic Forex Scalping Trading Strategy will allow Forex traders to make incremental profits over short time frames. Over time, these small profits can add up to substantial amounts and can prove to be very lucrative for forex traders.
For this particular trading strategy, the timeframe that should be used is the 15-minute chart. It can also work well as a scalping strategy on the 1-minute and 5-minute timeframes. You may use any currency pair that you like for this strategy.
It is important that you set up your charts right in order to get the best results from this trading strategy. You may choose any trading session that you desire to use, and it is recommended that you work with the 1-minute, 5-minute, and 15-minute charts.
We will be using MetaTrader4 Indicators for this setup. Here are the indicators to use:
The following is a 5-minute scalping forex trading strategy for the EURUSD, GBPUSD, USDJPY and EURJPY currency pairs. Scalping is a special type of trading strategy that helps the trader to make significant profits on minor price changes.
In this strategy, the trader needs to make a minimum of 10 trades within a single day in order to capitalize on any minor price changes. A strict exit strategy must be implemented in order to minimize any potential losses. In this particular strategy, the holding time is 5 minutes. This method requires precise execution and nimble trading.
Indicators to Be Used
In this trading strategy, the indicators that will be used are the 10 and 21 EMA, and the 50 SMA.
You should then open an ADX indicator in a different window set at 13.
At least 3 criteria must be satisfied for this trade.
EURUSD 5-minute timeframe - Two bullish signals are shown with the circles on the chart. Circles 1 show the first buy signal and circles 2 show the second buy signal. The small support trendline is shown as the dotted black line. The price action accurately reverses in the war zone and continues higher.
Scalping is a popular trading technique in forex trading. It involves the trading of currencies in real time which means that positions are held for very short periods of time.
Here, I will present a 1-minute scalping trading technique that you can use for your Forex trading. You may use any currency pair that involves majors for this strategy.
The indicators that will be used in this trading strategy are Bollinger bands (18 period) and the RSI indicator. We will also use the MACD indicator and the 3EMA indicator.
You should be using a 1-minute chart with this strategy. You may enter the trade in either of 2 ways – with a long entry or with a short entry.
With the long entry, you must wait for the 3EMA to cross above the 18 Bollinger bands middle line. In addition, the RSI needs to be above 50 and the MACD histogram needs to be above 0.
Trusted FX Brokers
Haven't found what you're looking for? Contact us!
Forex Education - Basics:
Free Forex eBooks:
Forex Education - FX Brokers:
Forex Education - Technical Analysis:
Forex Education - Money Management:
Forex Education - Psychology:
Other trading tools: