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FOREX SCALPING: 5-Minute EMA Stochastic SCALPING Strategy (High Winrate Strategy)
The Stochastic Scalping Strategy will allow traders to make incremental profits over short time frames. Over time, po.Cash these small profits can add up to substantial amounts and can prove to be very lucrative for binary options traders.
A clear buy signal is if the fast orange line of the Stochastic Indicator crosses the slow blue line to the upside from inside the oversold region or below 30 level on the Stochastic. It should break and remain above the oversold region. Once this condition has been satisfied, you should proceed to buy.
Another buy signal is the existence of bullish pressure. This may be evidenced by the 50 EMA, or orange line, crossing the blue line of the 150 EMA to the upside. You should place your stop loss about 2 pips below the support level.
The following scenarios are indicators that you should sell:
If the orange line of the Stochastic crosses the blue line to the downside and from inside the area above the 70 level. It should break and remain below the 70 level on the Stochastic.
Another sell indicator is if the 50 E. M. A, or orange line, goes across the blue line of the 150 E. M. A, to the downside. This indicates that there is selling pressure in the market. For a short trade, binary options you should place your stop loss 2 pips above the resistance.
High Accuracy Forex Snake-Force Stochastic Oscillator Trading Strateg – you cn use the strategy for intraday and swing trading.
This Trading System can be use for all Major Currency Pairs and all time frames. But best use in the time frame 30 min for intraday trading and H4 or D1 for swing trading.