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A Simple Way to Scalp Forex Market-Live Orders

A Simple Way to ScalpForex Market-Live Orders
The Squeeze This is main tool in my system .And volatility graphic charts helpme to locate approximately the moment of breakout .
EUR/JPY - 21/03/2014
EUR/JPY - 21/03/2014
We can see easily that from 0 to 7:00 the market has low volatility ( red rectangle) .But from 7:00 to 17:00 (blue rectangle) GMT high volatility .Price direction we decide with RSI and EMA 5 .
Like in graphic chart price…
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Maria_r avatar
Maria_r 23 Mar

good work!

Convallium avatar

I agree with you. Bollinger Bands can be a useful technical analysis tool for identifying The Squeeze!

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A Simple Way to Scalp Forex Market-Live Orders

A Simple Way to Scalp Forex Market-Live Orders

Figure.1
In figure nr.1 ,EUR/JPY,we have a good volatility which start a tabout 7:oo GMT
We don’t know where the price go, up or down. I don’t know exactly, this is not a japanese train, but with Volatility and Correlations we are closer the true.
On the chart I used Bollinger Bands , RSI set at 21,and 5 Ema (5Ema is a suggestion of DumbAsArock and is not bad) .
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Decebal avatar
Decebal 20 Mar

super

WallStreetBlog avatar

good!

DumbAsArock avatar

Nice presentation. Your examples clarify your initial article.

ilonalt avatar
ilonalt 21 Mar

really interesting!

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