20 pip GBPJPY Scalping Strategy. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE This is a day trading strategy involving scalping the Pound/Yen / 5 minute chart. What are the rules? The first rule is that you need a decent sloping 25 period exponential moving average – the angle must be at least 30 degrees. The other criteria is that you have a bullish pinbar to signal the change in sentiment in that 5 minute period. So if you get that bar above that 25 period ema and with the angle – you go long above it with a 20 pip target and a 10 pip stop. Very neat setup and very systematic but of course you are not going to win all of them. There is the other criteria that you only trade during the London and New York Sessions; perhaps that is a liquidity issue.
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