Sunday, May 5, 2019

Scalping 5min and 15min

1.Pass all confirmation right shoulder to neck line
2. Engulfing pattern
3. Assess HH or LL  support and resistance diagonal 5min and 15min


Rules 5min
1. ratio 1:2
2. if fail next trade 1:1
3. trade interval must 1hr
4. 2 successive fail stop trade asses patternb(be cautious move to break even)
5. risk not more than 10 pips
6. overlaping trade ratio 1:1
7. target for the week hit stop trade 5min

Rules 15min
1. ratio amount risk on confirmation entry.
2. Highest of hihg  Stop lost  not more than 25 pips
3 target goal hit move stop lost of confirmation entry to break even
4 proceed to 5min trade