EMA’s Band Scalp Trading System

This is an EMA’s Band Scalp Trading System

Time frame:1min;

Pair:EUR/USD, GBP/USD,AUD/USD

Spread:max 0.002.5

Indicators:

1 EMA 50 High;

2 EMA 50 Low;

3 EMA 50 Close.

4 EMA100 Close

5 Stochastic (14, 3, 3, Close Price)

Long Entry:

Buy Zone: Ema’s band >100 EMA;

We wait for a rally back toward the 3 EMA’s for the best possible entry, check the stoch oscillator is it oversold, value +30 when crosses towards up .

Short Entry:

Sell Zone: Ema’s band<100 EMA;
We wait for a rally back toward the 3 EMA’s for the best possible entry, check the stoch oscillator is it overbougt, value +70 when crosses towards down .

Stop Loss:place stop loss 3 pips below o above the upper or lower 50EMA

Take Profit: Price objective 7-12 pips or better.