Scalping system #1 (Economic news releases)
Submitted by Edward Revy on April 22, 2007 - 09:57.
Look for the important news to be released. Choose the most influential ones that are expected to shake the market well. Once got news (last can be found in any Forex economic calendar) find out which currency pair is going to be affected.
Now, 15 minutes before the data is released place buy/sell stop orders on both sides 15 pips away from the current price.
Read entire post >>>