Eur/Usd Scalping Method System
January 18, 2009 by hyiperz
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The system works as follows:
Eur/Usd 5 min chart
-Parabolic Sar 0.03, 0.6
-Slope direction line 20, 3, 0
When a signal occurs in 5M TF, confirm to 30M TF whether the two signals coincide enter the trade!
Go long/short when both indicators are in agreement.
Exit when the Slope indicator is opposite to the PSAR (Parabolic SAR)
Reenter when the Slope Indicator is in agreement with the PSAR
Creator of this forex trading system : ptournis
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Filed under: Forex Trading System
Tagged: eur scalping system, eur usd scalping method, eur usd scalping system, forex scalping, Forex Trading System, scalping, scalping method, scalping trading system, usd scalping system
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Comments
In place of confirming 30m TF, you can use the indicator FX Sniper MA (34).
Chamane
I think this is a great website, I really appreciate all the information and strategies that you have shared. Thankyou so much…….Greg
Why not just use the 30 min chart then?
30 Min is for confirmation only, the main TF is 5M. If both 5M TF and 30M TF show the same trend pattern, then we can open for new position/order.
Ive tried this all day and it works great 200 pips just today on 3 pair doing nothing but this. Thanks!
yes.. his method works!
to add confident before you enter your position, add Tor 1.12. watch for the strength..
grea stuff indeed..
thanks!
-ladyheart
Please could you tell me where can i download fx sniper and TOR1.12 , please?
I am still confused, which indicators should be in agreement? just slop direction or slop direction and SAR at same time on 5 tf and 30tf? or just slop direction on 5tf and 30tf?
I am tired loosing money on this financial jango
Thanks
hi am nualy in to the system please i want in and i ton my self in thanks tell i here from you people bye.