RSI Scalping Strategy

RSI is a indicators momentum so popular is used as a tool of forex analysis. In particular, Constance Brown book, technical analysis for the Trading professional, have a concept of bull markets and bear markets a range of RSI. Andrew Cardwell, Brown RSI mentor, introducing positive and negative reversal for RSI. In addition, Cardwell brought the notion of difference, literally and figuratively.<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_rfiUERgNOkI8OSqs7b4wx59iClxsABgAOXQJulDzUKsH9AJG4ClY_xgNQ4iu_yNWSn2AupmX9M8xykt_jBYvFOEEnuzmNtRXIFE1XuSIXOD72meeD-n44ggqmbitBHPz3JG2dUyDM3LS/s1600/stop-loss.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="RSI Scalping Strategy" border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_rfiUERgNOkI8OSqs7b4wx59iClxsABgAOXQJulDzUKsH9AJG4ClY_xgNQ4iu_yNWSn2AupmX9M8xykt_jBYvFOEEnuzmNtRXIFE1XuSIXOD72meeD-n44ggqmbitBHPz3JG2dUyDM3LS/s200/stop-loss.png" title="RSI Scalping Strategy" width="146" /></a></div> <br /> <br /> To use this strategy avoid NEWS, trade 30 minutes after news. The following <a href="http://forex-cricket.blogspot.com/2013/09/rsi-scalping-strategy.html">guide of RSI Scalping Starategy</a>.<br /> <br /> <br /> PAIRS : GBP/USD, EURUSD, AUD/USD<br /> TF : 1M, 5M<br /> Spread max : 0,00025<br /> <br /> Indicators:<br /> - 2MA Crossover deafult<br /> - Heiken Ashi Smoothed<br /> - RSI Default<br /> - Double CCI Woody<br /> - Spudfib<br /> <br /> Buy Entry :<br /> Signal BUY 2MA Crossover<br /> Doube CCI Woody is GREEN<br /> RSI > 55<br /> <br /> Sell Entry :<br /> Signal Buy 2MA Crossover<br /> Doube CCI Wody is GREEN<br /> RSI < 45<br /> <br /> 1M TF EXIT<br /> Target = 10 pips / Fibonaci level<br /> Stop Loss = 10 pips / HA changed color from GREEN to RED<br /> <br /> 5M TF EXIT<br /> Target = 15 pips / Fibonaci level<br /> Stop Loss = 12 pips / HA changed color from RED at GREEN<br /> <br /> Trade NEWS<br /> Never trade 30 minutes before and after news events.<br /> <br /> <a href="http://www.forexstrategiesresources.com/app/download/5002620263/Templete+and+Indicators.zip?t=1374769149" target="_blank">Free Download RSI Scalping Indicators</a>

RSI Scalping Strategy

RSI is a indicators momentum so popular is used as a tool of forex analysis. In particular, Constance Brown book, technical analysis for the...

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