Scalp GBP pairs

Attempt to scalp the Gbp pairs to grow account in short time period,Using Fractal, Moving average....Other tools to enhance will be considered as time goes.. SO you could come with suggestions that will benefit all.For a start I came up with the buy and sell rule below.Enjoy.!
Buy Rule: 1. Fractal down
2. Price close above LWMA 35,Median Price HL/2
3. TP, Open
4. SL, 10-15 Pips

Sell Rule 1. Fractal up
2. Price close below below LWMA 35,Median Price HL/2
3. TP, Open
4. SL, 10-15 Pips.

There will be more winners than looser if rules are adhered to.So its not 100% profit making system.
TIME FRAMES, 5M, 15M,30M. it will be indicated as the case may be. GOOD LUCK.

good luck

You welcome mr.brown

trade taken in profit already since its scalping, could be closed and look for another opportunity.

Just my two cents but we've found using an oscillator as further confirmation has been very beneficial. We use the stoch but many use the RSI or both.

What are your rules for profit targets?

Hi bud,

I believe if you can add a trade explorer, the results will be clear for everyone. What you think?

Thanks,Mistaker for post.Thats why I said 'SO you could come with suggestions that will benefit all.' Provided it helps to make profits. Good luck

Its open,that is trail profit to wherever it takes you. but I suggest minimum of 5 pips max 10 or 15 or 20 pips. Good luck

Good suggestion,thanks

Ready to buy gbpusd if conditions met on 5M pending buy 1.3495, sl 1.3485

edit, sl 1.3480, buy now... good luck

where can i get the FRACTAL indicator

Dont let wiiners go to loss,if it doesnt hit tp, always trail profit.

Changing the Ma to LWMA 35 ON 5M TF

I looks like a fine scalping thread here!
Subscribed.
Good luck!

Coming back soon!

GBPAUD, GBPNZD and GBPJPY seem to be the most viable pairs to scalp since these pairs move at least 100 pips daily. Less danger of the pair to suddenly range.

Found this useful for scalp. Could make tons of profits.
Best regards.

Plenty pips to you!

have a predefined amount of pips you want to go for and set it,5pip? 10Pips etc is up to you. The other thing you could do is to trail once in profits till trend changes.

Ok, thanks. will do so.