Fibonacci Scalping

Every trader should know how to plot the Fibonacci retracement and projection with ease. However, not everyone who knows how to calculate the Fibonacci levels knows how to trade under real market condition. To trade the Fibonacci retracements and projections effectively, a trader must also understand the price action of the forex market. And using candlestick formation is one of the… Continue reading Fibonacci Scalping

Schaff Scalping Trading Strategy

Timeframe: 5,15 MinCurrency Pairs: Majors Indicators: Schaff Trend, Schaff MACD, HMA rnp. Entry Long:1.Schaff Trend Cycle has been rising;2. Schaff Trend >= 10;3. MACD >0;4.HMA Green. Short Entry:1. Schaff Trend Cycle has been declining;2. Schaff Trend <= 90;3. Shaff MACD <0;4.HMA rnp red. Exit Position:Exit when the MACD line separates itself from the Histogram while sometimes you need to Exit when the Schaff has reached… Continue reading Schaff Scalping Trading Strategy

CCI Trading Strategy

Despite being called the Commodity Channel Index (CCI) this indicator is not just for commodities. It can be used for all markets.  The CCI is an indicator which oscillates back and forth, above and below zero. It can be used in multiple ways; here are two strategies that utilize it. Basic CCI Strategy The developer… Continue reading CCI Trading Strategy

EMA, Stochastic and RSI Trading System

Time frame: Any.Currency: Any.Indicators: 5 EMA, 10 EMA, Stochastic (14, 3, 3), RSI (14, 70, 30) Entry rules: Buy when 5 EMA crosses above 10 EMA and Stochastic lines are heading north (up) and Stochastic is not in overbought position (above 80.00 level) and RSI is above 50. Entry rules: Sell when 5 EMA crosses below 10 EMA and Stochastic lines are heading south (down) and Stochastic is not in oversold… Continue reading EMA, Stochastic and RSI Trading System

Jarroo Strategy in Forex

Contents Main principles of Price Action technique Basic notions of Jarroo method How to trade using Jarroo method? Individual notes – DCC Stops, profits, etc. Today, no-indicator trading systems are at the height of their popularity. They are successfully used by both beginners who do not have enough technical skills and practical understanding of the… Continue reading Jarroo Strategy in Forex