News trading is one of the most effective forex strategies based on the principles of fundamental analysis. As part of its application, the trader is working on the study of global economic markets in order to find news that can cause significant price fluctuations in currency trading.
An interesting trading system created by the American trader Kevinator. He took the multitime indicator Stochastic as the basis. The system is recommended for trading by major pair: eur/usd, /usd/chf, gbp/usd, aud/usd, usd/cad.
The name of the system indicates that it is designed for quick profit by the scalping method. This system is based on a single indicator “Free Scalping Indicator”.