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Forex Strategy “Scalp in Silence”

This strategy was created for trading on the graph of the minute price (M1) pairs of currency with the 2 points spread. The EURUSD pair is especially recommended if there is a broker of forex with a smaller spread. With this strategy it is possible to trade only in the time frame from 9 to 11 GMT.

At first, set two parabolas on the graph:

  • A green 0.2 and 0.02 SAR.
  • A blue 0.05 and 0,005 SAR.

Only open transactions in the direction of a blue SAR with 0,005 and 0.05 parameters are needed.

Start a buying deal if the transaction is in the Fibonacci 50% level of the breakdown or it bounces from the 50% of Fibonacci and the exit from the transaction is at 161.8% on the sequence of Fibonacci. The pendulous stop-loss should be installed at the level of 2 points hereinafter the last minimum of the parabola reversal.

For a selling transaction the same conditions are applied. 

 

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

 

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