AUDUSD 5 min Scalping like a boss.
***DEMONSTRATION***
Description in picture.
Was a down trend, till break of rules, now going up trend.
Down trend = Lower Highs, Lower Lows.
Up-Trend = Higher Highs, Higher Lows.
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Just like any strategy out there, this can fail of course. But when it does fail you should only be losing -5pips and when you win, you can build up a whole days worth of a trend.... so 50+ pips, but then if you accept profits on highs, and re enter on lows... you can gain 200+ pips from a 50 pip daily movement.
Description in picture.
Was a down trend, till break of rules, now going up trend.
Down trend = Lower Highs, Lower Lows.
Up-Trend = Higher Highs, Higher Lows.
--
Just like any strategy out there, this can fail of course. But when it does fail you should only be losing -5pips and when you win, you can build up a whole days worth of a trend.... so 50+ pips, but then if you accept profits on highs, and re enter on lows... you can gain 200+ pips from a 50 pip daily movement.