THV Cobra Forex Scalping Strategy

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THV Cobra with Tudor Girl’s Sinc S[ectrum Cycle Trading System

This strategy will be more effective on a 5 minute chart. You can use this in any pair but GBPUSD is much recommended to this system. Trade only between 3 pm to 10 pm.

Forex Indicators:

  • TudorGirl’s Sinc Spectrum Cycle (TGSSC).ex4;
  • THV Coral.ex4;
  • THV MTF TrixHisto.ex4.

For LONG entry:

  • TGSSC must cross zero line.
  • Upward (buy), downward (sell);
  • THV MTF TrixHisto color. Lime (buy), red (sell);
  • PA must cross Ichimoku Cloud.

For SHORT entry:

  • TGSSC crossing zero line.
  • Upward (buy), downward (sell);
  • THV MTF TrixHisto color. Lime (buy), red (sell);
  • PA must cross Ichimoku Cloud.

Safety must be observed in this system and below are the rules to observe:

  • PA above THV Coral -buy only
  • PA below THV Coral -sell only

Don’t open position in the middle of the trend and wait for retracement.
You can make your own rule in exiting your position.
Take profit at 6 pips for AUDUSD, 8 pips for EURUSD and 10 pips for GBPUSD.
Set stop loss at 3 pips above or below the cobra
Important reminder: Do not trade 15 or 30 minute after the news.

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