Forex Scalping Strategy | 2016-05-26 GBPUSD +8

GBPUSD +8 2016-05-26 | Supreme Combo

This is a textbook Supreme Combo trade. Price has broken out to the upside and retraced back to the Supreme Combo level. This is circled in red and you will see that the 1 min S7, the 5 min S3 and the 15 min S1 are all within a couple of pips of each other and there is a gap of 10 pips back to the 1 min boxes. The trade is taken long at this level and produces a quick +8 pips

A lot more information and further help regarding scalping using forex price action, with the forex Fib Matrix trading software, can be located here

Previous recording Forex Price Action | 2016-05-25 GBPUSD +8

Forex Scalping Strategy | 2016-05-26 GBPUSD +8 was originally published on 24HR Forex Trade Room

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