Scalping system #9 (Trading by Psychological Levels)
Submitted by User on February 6, 2009 - 15:20.
Submitted by Patrick Bourgeois
This is a very powerful winning strategy!!! We only use psychological levels to enter our trades. One of the main rules is NEVER TRADE AGAINST THE H1 CANDLE COLOR. Levels are on the screen every 00, 25, 50, 75, 00.
Another rule is: If H1 and D1 candle color are the same get ready to make more pips. If the colors do not agree be aware that a lot of times you just can grab a few pips (be happy with 5). This is a scalping strategy.
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what are physcological levels
what is the take profit when H1 and D1 are agree? this strategy is just for eur usd or is used in other pairs?
Hi Patrick... thanks for sharing ur strategy... i´m confuse... u use psychological levels to continue tendence or when price bounce up?
Thanks 4 all...
Great work!!
Thanks Buddy, keep in a goodwork
All The Best;
Manus168
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