GoldViewFX - 30min CHART - 20 pip SCALPING SETUP $$

Hey All,

Following on from our last educational post on one of our Goldturn setups (see related post below), thought we would share one of our many scalping techniques.

This is a simple setup that can be used for ranging markets for scalping on the 30min chart.

We look for EMA5 to cross over MA21. Once this is done we wait for a 30min "floating" candle body close confirming the EMA5 cross over. We then enter on the next candle and target 20pips.

SL to be set for a cross back of EMA5 over MA21 in the opposite direction with a floating candle cancelling out the signal. These are tight SLs and therefore a numbers game. I've found the number of TPs against SL still leaves you positive. We always advise to back test first and then enjoy!

Please don't forget to like, comment and follow to support our work.

GoldViewFX
XAUUSD TOP AUTHOR