This system has 3 concepts.
Floor trader scalping.
Forex scalping system the floor traders method.
In a very good trending market the floor trader s forex system is a good forex scalping system which you can use in the 1minute and 5minute charts.
Initial stop loss is placed 1 pip below the most recent swing low.
It was originally designed as a swing trading strategy but with a few tweaks day trading the floor trader method can work very well depending on the currency you are trading.
The floor trader system scalping this is a retracement then continuation trading method.
2 profit target predetermined.
It identifies entries by combining trend identification by using moving averages with the technical analysis technique of price candle pattern recognition.
The digital course is 90 pages and is provided as an instant download.
Initial stop loss is placed 1 pip above the most recent swing high.
Shrot entry enter short if 4ema crosses 21 sma from above and cci crosses back below 0.
This bonus strategy normally priced at 197 will teach you how to use manipulation to find trade setups on five minute charts.
As a special bonus you will get the x 5 course also known as the floor trader secrets manual.
1 risk to reward ratio 1 2.
Despite all the narrative below this is a relatively simple system for l1 l2.
The strategy is not time frame dependent but smaller time frames do have.
The floor traders method is a forex trading strategy designed to capture the continuation of a trend using a combination of two moving averages.
The trade scalper software was recently revamped for the new ninjatrader 8 platform.
First is it is a retracement continuation trading method second is it uses moving averages to identify the trend and trade in the direction of the trend and third is the trading setup or the trading.
