1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double Exponential Moving Averages and Stochastic Oscillator

 1
minute scalping i s atrend momentum strategy based on two slow ema’s
and stochastic oscillator.

1 minute scalping with double exponential moving averages and stochastic

Trading
Rules

First
draw relative support and resistance on the chart.

Buy

50
EMA is above the 150 EMA.

Wait
for the price action to pull back to the 150 EMA. The price touch,
or slightly cross the 150 EMA.

The
Stochastic Oscillator should be in the overbought area and cross
downwards

1 minute scalping with double exponential moving averages and stochastic

Sell

50
EMA is below the 150 EMA.

Wait
for the price action to pull back to the 150 EMA. The price touch,
or slightly cross the 150 EMA.

Stochastic
Overbought Signal:

The
Stochastic Oscillator should be in the overbought area and cross
downwards

Exit

Stop
Loss on the previous swing High/Low

Profit
Target ratio stop loss 1:1.4 – 1.6

1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double exponential moving averages and stochastic oscillator

1 minute scalping with double exponential moving averages and stochastic oscillator

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