After Hours Forex Scalping Strategy

I use the after hours forex scalping strategy to exploit the euro/dollar currency pair during the forex after hours. In particular between 7: 00 PM EST and 0: 00 AM EST.

The strategy works counter-trend and trades short at the top of the range and long at the bottom of the range.

Trade Preferences:

• Preferred currency pair to trade: Euro
•Time to Trade: Between 7: 00 PM EST and 0: 00 AM EST (5 hours)
• Preferred Timeframe’s: 5 Min or 15 Min

EUR/USD After Hours Trading Example

after-hours-forex-scalping-system

The after hours forex strategy earned me 28 pips in 5 hours of trading the euro/dollar. (see screenshot)

How the strategy works:

GENERAL

• Mark off the high-low range between 4PM EST and 7PM EST.
• Important! The range should be at least 30 pips, otherwise no trading.
• Trade the range between
7: 00 PM EST and 0: 00 AM EST.
• We’d like to go short at the top of the 4PM EST and 7PM EST trading range.
• We’d like to long at the bottom of the 4PM EST and 7PM EST trading range.
• Stop trading at 0: 00 AM EST.

BUY TRADE

• Go long immediately after the euro/dollar touches the range low.
• Look to scalp 20 pips.
• Place stop loss 12 pips below the low of the trading range.

SELL TRADE

• Go short immediately after the euro/dollar touches the range high.
• Look to scalp 20 pips.
• Place stop loss 12 pips above the high of the trading range.

Download Forex Analyzer PRO For Free Today!

Brand New Forex System With Super Accurate And Fast Signals Generating Technology.

Forex Analyzer PRO generates buy and sell signals right on your chart with laser accuracy and NEVER REPAINTS!

  • Up To 200 Pips Every Day
  • Buy And Sell Forex Signals
  • Advanced Daily Range Detection
  • Email & Mobile Trading Alerts
  • No Repainting Or Lagging