I use scalping on three EMA's: After a close off the 50 I enter, setting my Stop 5 pips above last candle the one, which closed off 50 EMA. I do not set a fixed Profit, however change frequently to the 5M to observe if a reversal is near, which would be my signal to exit. I do like convergence set-ups as they are pretty safe from my experience. I buy when the averages are in buy and the market is oversold and vice versa.

Pretty save shot on the longer charts, say at least 1H. I do not believe in un-observed trades, I close at the end of NY-trade in time, even if I have to accept a small loss. What I also observe is that certain of these sites recommend each other in a circle, which is more Hello, I think your system is not a really one because you don't tell us abouts exits, about size of lots etc But I think you could complete.

Could I no deposit bonus forex brokers 2012 MACD Standard 12,26,9 as a fairly reliable trend identifier, as well? What would you recommend? Active traders Poll - share your live experience forex scalping 5 min chart read what others have to say.

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Who's online There are currently 13 users online. Submitted by User on April 21, - Submitted by Peter I use scalping on three EMA's: Very good system is Complex No. Well that's it in a nut-shell.

Cheers from sunny "No-Problem-Country" Jamaica Peter. Hi Peter, Could you explain.

Hi Peter, Could you explain more about Convergence and how you use it. Hi TA, you can learn a lot.

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Hi TA, you can learn a lot about divergence trading principles here: Hello, I think your system. Hi, you can use the FX.

Hi, you can use the FX Sniper indicator when to exit. Could I use MACD Standard. DailyFX Dukascopy Saxobank InstaForex FSR Forum.

Free e-books Currency Index Forex bonus Video course. How To Double The Account In 1 Day? Home Scalping system 12 Three EMA's scalping Submitted by User on April 21, - Cheers from sunny "No-Problem-Country" Jamaica Peter http: DailyFX Dukascopy Saxobank InstaForex.