Forex 5 Min Scalping Strategy. In this example, we have applied this strategy in a ranging market. It uses all the currency pairs for the trade.
When the price approached the support line, and when it also hit the upper Bollinger band, it is an indication for us to go long. There is a lot of speculation around TA and if. Join Our Free Telegram Channel 👉 https://t.me/emilymindfullytrading—–.
Whether you're new to trading or not, this strategy is great for you.
This method requires timed execution and nimble trading.
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Before trading Must Apply stop loss for short or long term as you want. As basic as this may sound, it's easy to get carried away and misinterpret this rule. Be sure to try out different time frames for each pair to see which one works the best for that individual pair.