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Brokers. Prices were initially trading below the 55 EMA and then break above the EMA RSI dips to below 10 and then reverses within one candle Long positions are taken on the high of the candle with stops placed at the recent lows Target is set to 2 times the risk which price eventually reaches RSI Scalping Short Example For the short set ups using the RSI scalping strategy, we first wait for prices to break below the 55 EMA from above.

Gsrnow has been using the technique for 3 years and is making 3 - 6 per month. The Cost Advantage The first advantage, and the most important one in this example, is the cost-efficiency. Average hourly earnings reveal the basic hourly rate for major industries as indicated in nonfarm payrolls.

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