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 Forex Volatility Scalp

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fxpulsation




Posts : 8759
Join date : 2012-01-25

Forex Volatility Scalp Empty
PostSubject: Forex Volatility Scalp   Forex Volatility Scalp Icon_minitimeFri Apr 20, 2012 11:41 am

Forex Volatility Scalp

Pairs:EUR/USD
Time frame: 1M.
Spread max:0,0001.
Price: Bar Chart.

Indicators:
Damiani noise ;
ADX (DMI);
Momentum (14).
T Stop;

Long Entry position:
ADX(14) >28;
Momentum (14)> middle line;
Damiani noise is reporting good volatility;

Short entry position:
ADX(14) >28;
Momentum (14)< middle line;
Damiani noise is reporting good volatility.

Profit exit: target price is 5 pips no more, but if there is high volatility and volumes follow the position with T Stop

Stop loss:6 pips or level indicated by T Stop.


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