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The 5-Minute Forex scalping strategy for the AUD/JPY pair is a simple cross-over trading strategy that works in agreement with an oscillator for fast entry and exit. In order to capture price action on this strategy optimally, users need to implement this strategy on the lower time frames (M1 and M5). The strategy is not designed to […]
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The price projection is made at the open of the first candle to open below the demand line. For visual reasons above the candle has closed also, but the price projection should be projected immediately following the open of the candle. Remember, we don’t need the candle to open and close below the demand line in order to make our price projection, only the open is needed. Above in the
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RSI, candlestick strategy, RSI, MACD strategy, RSI, MA Cross strategy, RSI, Bollinger band strategy, All of the above trading strategies should always be used with a risk management strategy alongside. RSI, engulfing candlestick strategy: In this trading strategy, We combine the RSI indicator along with an engulfing candle stick.
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