CCI Flash Scalping - forex trading hours london time

CCI Flash Scalping ~ forex trading hours london time

CCI flash scalping is a forex tradind system trend momentum very fast. A nice little 5-minute system – ideal for riding London morning session trends.

Time Frame 5 min.

Currency pairs: EUR/USD, GBP/USD.

Indicators:

Commodity channel Index (20 period close);

Exponential moving average (34 period, close).

CCI Flash Scalping trading rules

Sell

For a SELL trade we want price to be trending down and BELOW the 34ema.

We SELL when the CCI(20) crosses down BELOW the -90 line(level).

Buy

For a BUY trade we want price to be trending down and ABOVE the 34ema.

We BUY when the CCI(20) crosses down ABOVE the +90 line(level).

Exit position at the opposite conditions or make profit with target 5-7 pips.

Initial stop loss 15-20 pips.

CCI Flash Scalping

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