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Forex Strategy “Scalp in Silence”

User can use this strategy with M1 (minute price chart). Author gives the strict interval for trading from 9 to 11 to GMT. Indicators that are working with strategy are Parabolic SAR (0,02 and 0.2) — Green and Parabolic SAR (0,005 and 0.05) — blue. However, the transaction should be opened only in the second case (blue parabolic).

Meanwhile, Fibonacci tool can help traders to determine the transaction parameters. It placed between last significant minimum (it is on the graph to the reversal of parabolic), and the maximum of the Japanese candles. Harnesses Stop-loss usually set before the parabolic reversal at 2 points below the last minimum. For sale, due to this strategy, a user should use the same rules as for buy. It is quite unusual strategy, but can be useful for several traders.

Author of the strategy recommends setting the risk of each transaction in the interval of 2-4%. 

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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