324# JMO Pivot Scalping System

Submit by Alexander 21/04/2013

This stategy is based on the price action. JMO is setting very fast.

Time Frame 15 min.

Currency pairs majors.

Pivot Levels Scalping Metatrader indicators:

LC-Pivot,

Jmo V.5 (3). overbought >85; oversold<15.

Sell

1. wait that the price touches the pivot levels

2. wait that jmo is in overbought zone >85 level.

Buy

1. wait that the price touches the pivot levels

2. wait that jmo is in oversol zone <15 level .

Exit position;

1) On the next pivot levels.

2) Profit Target 7 pips AUD/USD, 8 pips, EUR/USD, GBP /USD 10 pips, USD/CHF 8 pips. (recommended because the profitability is higher).

Stop loss Ratio 0.8 Profit Target.

In the pictures below JMO Pivot Scalping System in action.

136# 1 min Scalping with Pivot Points - 

Pivot Scalping with Candlestick Patterns - 

Scalping with pivot levels -