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Scalping system #19 (X-Scalper)

Submitted by Azim.

Just want to share a simple strategy that I use to trade on daily basis. It is similar to AzimXsystem, but the accuracy is far better because this system is designed to scalp the market. Since it is also based on EMA crossing, I named it
X-Scalper
.

But before you start using this system, it is STRICTLY CRUCIAL for you to identify Support & Resistance.
Other than that, while you are trading, you need to trade without emotion, be PATIENT and also mentally ready to get rid off your GREEDINESS!

Not to forget "Money Management" is important too!

Pairs: GBP/USD & EUR/USD
Timeframe: 15min
1 hour and above(recommended)

EMA 5 - Green
EMA 12 - White
RSI 14 - level 50

BUY: EMA 5 Cross EMA 12 to upside, RSI greater than 50
SELL: EMA 5 Cross EMA 12 to downside, RSI less than 50

Take Profit 2-3 pips ONLY! any doubt with its accuracy?Check your charts!

Do not SELL at SUPPORT, Do not BUY at RESISTANCE

I opened up a live account with hotforex and these are my trades for this week. I will try to post my results in the future when I have time.

“Patience is the key to success”
“Forex is not a sprint, it’s a marathon”

While this is my demo a/c statement before I went to live a/c

Azim

Hi

I understand that this system depends strongly on high win/lose ratio of trades, since with 2-3 pips TP, every entry in lower than 1:1 R/R. Correct me if I'm wrong pls.

So what would you say the win/lose ratio is? From the pics above it looks impressive but it would be nice to hear it from the author.

Best regards
Caretaker

there is no 100% strategy, and I see you dont use SL, so when do you cut your loss?

good results, but what is your SL strategy?

And if you are just going after 3 pips, why are all your profits different?

Thanks

Peltzy

Hi

Anybody have an idea of a possible stoploss for this strategy? I don't like leaving a trade without a stop loss. Any ideas?

Hello Edward, Thanks for the quick post.

Anyway I would like to post my live a/c trades(Image), how can i upload it in this comment box?

Hi Azim,

please send everything to my email. On this site so far, we don't have the means to upload images.

Kind regards,
Edward

The results are very, very, very good!!! What StopLoss are you using?

wow handal eh... maju terus bro

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reliable wow uh ... go ahead bro