Scalping techniques is essential for traders, let alone the new traders who are looking for scalping system reference. We will discuss this in the article on scalping technique this time around. It is strongly recommended to try on a pair that have a low spreads such as gbp/usd eur/usd &.
Required indicators:
- Exponential Moving Average – > > Period 10
- Exponential Moving Average – > > Period 21
- Exponential Moving Average – > > Period 50
The usefulness of the indicator EMA 50 as the referrer to see which trends are strong at the time. While the indicator EMA 10 and 21 EMA as outline form support and resistance. We will use two of the EMA as a level to locate signal entry.
The best time for trading using this system is when the London market sessions open and also the New York session when markets open. Because the markets are on a session normally pair GBP/USD and EUR/USD will form the trend. You should not trade when the Asian market because it will be a lot of false signals.
Before opening an entry position, this 5 min scalping techniques only taking or looking for its target 5-10 pips anytime.
How to use this technique is very simple. You only need to monitor the lines on both the EMA, while the EMA50 as steering the trend.
When an uptrend or the inclination of the trend to rise, then the market will establish a High-low in zig-zag. Take a look at the example image below, beriku open position buy at a time when the market moves up.
Remember don't be too greedy, we only need to take 5-10 pips. Keep your trading spikologis, do not obey the lust that will result in a loss for you. Us open entry at the time of price support and resistance levels touched the EMA 10 and 21.
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