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  • Momentom and Engulf Layer Master

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    Adik Chug
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    The document discusses a scalping trading technique using different timeframes on the XXAUSD currency pair. It outlines entering long or short positions when the candlestick patterns on smaller timeframes engulf those on larger timeframes, as well as holding positions until certain momentum indicators signal to close trades and potentially enter positions in the opposite direction.

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    Momentom layer

    Original Title

    Momentom and Engulf layer master

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    The document discusses a scalping trading technique using different timeframes on the XXAUSD currency pair. It outlines entering long or short positions when the candlestick patterns on smaller timeframes engulf those on larger timeframes, as well as holding positions until certain momentum indicators signal to close trades and potentially enter positions in the opposite direction.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    12 views1 page

    Momentom and Engulf Layer Master

    Uploaded by

    Adik Chug
    The document discusses a scalping trading technique using different timeframes on the XXAUSD currency pair. It outlines entering long or short positions when the candlestick patterns on smaller timeframes engulf those on larger timeframes, as well as holding positions until certain momentum indicators signal to close trades and potentially enter positions in the opposite direction.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 1

    SCALPING TECHNIQUE BBMA (TF M1/M5/M15/H1/H4)@ XXAUSD 0n 22Jan2021

    t e r
    r m as
    lay e
    o l d
    #g
    Sell CS Engulf Buy CS
    Momentum BUY Still holding SELL

    Buy CS Engulf Sell CS


    Still holding BUY Buy CS Engulf Sell CS
    Still holding BUY
    END Momentum BUY
    To Start SELL and CS SELL Engulf CS BUY

    END Momentum SELL


    Close SELL to Start Buy Momentum SELL END Momentum SELL

    t e r
    as
    Close SELL to Start Buy

    e r m
    l d lay
    #g o

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