Scalping Strategy by Athalia

For those traders who have or like scalping techniques, here there is a very simple scalping strategy but generate a lot of profit.

Indicators used are:

   1. Exponential Moving Average period of 5 apply to the High (Blue)
   2. Exponential Moving Average period of five apply to Low (Red)
   3. MACD (12,26,9)


Rule:
  1. At the 30M TF cross we saw earlier and MACD is starting with close prices above the upper channel (OP BUY) and close below the lower channel (OP SELL) this is where to start to determine the trend. In this case we call the trend for the position OP BUY UP and DOWN trend SELL OP position.
  2. Later in the TF 5M conditions already cross the MACD
  3. For the first time position open immediately after the close prices above the upper channel (Trend UP) and an open position immediately after the close price below the lower channel (DOWN trend) that confirmation was in TF 5M.
  4. OP position when the price recurring each time touching the upper channel (for the trend is down) and lower channel (Trend UP) by looking at the MACD in the same direction (according to trend) can be viewed on the 5M TF.

Exit:

   1. In the 5M TF occurred MACD cross
   2. At the 30M TF there is a change of cross MACD
   3. Target 15 points minimum, maximum change in TF MACD cross 5 M or 30M

Stoploss:

For the first open position and repeatedly put stoploss 15 points from High or Low in the candle / bar that has been used as an entry, ie above the upper channel (DOWN trend) and below the lower channel (Trend UP)

NB: it's just for my scalping was benar2 TF never use a larger pair of TF 30.

Chart Analisys by Kang Gun sesion 1

Create an Indonesian trader colleagues, let's look at forex discuss from Kang Gun about how you can analyze the chart. Here's the tape ..

"To be useful learning tonight ... I want to share a few tips on how to we can learn very effectively. The key is received intact and do not judge the first ... the point this way, accept everything that we received first round object by behaving as if something that we have received is a new thing ... even (perhaps) we already know or probably even understand it very well. "

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Comparing the two brokers


Some of us may still have thought to compare the charts from our brokers with a chart from another broker.
Look at the following picture above, left side and capture result from ikofx the right of local brokers futures international victory. Both the EUR/USD pair with a time frame M15, the candlestick different greatly. From here we may have a negative thinking X fraudulent brokers, connections slowed, and so forth. When in fact, each broker has its advantages and disadvantages of each. A true trader should be focused and consistent with his own decision. And do not want to receive lose and not greedy. Best wishes.

Naoto Kan

Naoto Kan, 63, is like Okada and Maehara a first-generation politician and was first elected to parliament in 1980 as a member of the now-defunct Socialist Democratic Federation. He rose to prominence as health minister in the 1990s when he exposed that agency’s role in allowing up to 5,000 Japanese to contract HIV through contaminated blood products. A co-founder of the DPJ in 1998, he was forced to step down as party leader in 2004 after admitting he failed to fully pay his national pension contribution

Japan’s Finance Minister Naoto Kan won the backing of senior Cabinet colleagues to succeed Yukio Hatoyama as prime minister as the ruling party sought to present a united front ahead of upper house elections next month.

Foreign Minister Katsuya Okada and Transport Minister Seiji Maehara said they won’t compete to lead the Democratic Party of Japan. Should Kan be elected tommorow in a vote by DPJ lawmakers, the party would then use its majority in the more powerful lower house to appoint him as prime minister.

The DPJ is rushing to anoint a strong leader to avoid infighting and ensure progress on campaign promises such as expanding the state-owned postal system’s operations. Hatoyama stepped down yesterday after less than nine months in office, citing a broken promise to move U.S. troops off of Okinawa.

The Nikkei 225 Stock Average posted its biggest gain in six months today, surpassing other regional benchmarks that rose on increased sales of homes and cars in the U.S. The index climbed 3.2 percent after falling 1.1 percent yesterday.

Hatoyama resigned less than a year after the DPJ took power and overturned half a century of almost uninterrupted one-party rule. His replacement will be Japan’s fifth premier in less than four years and has to revive the party’s fortunes ahead of mid- term elections next month.

Source: financeroll.com