Scalping system #4 (5 pips with GBP/USD)
Submitted by Edward Revy on May 20, 2007 - 07:42.
This simplified trading system derived from the previous “2 SARs to go” system and is a work of our dedicated scalper – Alex Wakemann. Thank you, Alex! His scalping insights will be published and updated on our pages as we move on. With this Forex scalping system Alex claims to always get at least 5 pips per trade.
Trading setup
Trading pair: GBP/USD
Time frame: 5 minute chart
Indicators:
MACD (5, 8, 9)
SAR on MACD (0.1, 0.11)
SAR on the chart (0.1, 0.11)
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Has anybody been having success with this method during the first two weeks of Sept.???
I was making money using this method in August - but cant seem to get it right this month. I have tweaked the system slightly, so I would be curious to find out how others are during. Would let me know if its just the volatility or i've messed the system up!
Thanks in advance,
enoch benjamin
I can't find the words classify how very informative this site is. I mean i've been into forex for like 3 yrs now, and never found so much information in one place. A million thanks guys keep up the good work, it's highly appreciated.
Peter
It is due to volatility.
There's been lots of stuff going in September. It affected the market and everyone in it.
Pier
edward,
im very new to fx. what program are u using with the illustrations?
Hi,
these are screenshots from a Forex trading platform. The one I use is from OANDA broker (oanda.com). You may register a demo account with them (called FXgame) and test-run the strategies we publish.
Regards,
Edward
has anyone tried this with spot silver/gold on oanda'a platform?
THANKS A LOT EDWARD FOR ALL YOUR GOOD WORK. NEW TO FOREX AND JUST DISCOVERED THIS SITE.
ARINZE
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