My "Scalper Guru" told me a good scalper technique to use with EURGBP during Asitic market hours (0:00 to 6:00 GMT).
See picture below:
I sell when RSI reaches 70 and buy when it reaches 30. The target is 5 pips, representing 1% of total equity. Stop loss varies from 15 to 10, 1 to 3% of total capital.
The difficult part is let the market run. At this time it is too slow, some times it takes more than 3 hours to move the desired 5 pips.
