Tuesday, December 23, 2008


Welcome to KISS Forex Scalping. For those of you who don't know KISS stands for Keep It Simple Stupid. Here I keep trading simple by just watching price action rather than having a set of indicators, trendlines, channels, and fib levels to guide my trading. I only use a collection of weighted moving averages and pattern recognition to tell me the current direction of price.
Here are some details on my setup.

Timeframe: 1 second
Pair: Eur/Usd
Plot: WMA's 6-156 in increments of 6

Screenshot of Setup