Last updated: May 9, 2025

Turtle Trading Channel Forex Scalping Strategy

This is a trend following strategy develop by Dennis Gartman and Bill Eckhart. It relies on breakouts of historic highs and lows to get and exit trades. This is tested to be a profitable system. This works on a 15 minute timeframe
and is applicable to all major pairs.

Forex Indicators:

• CCI (14);
• Barry Support and resistance;
• Turtle Channel.

Long Entry:

• Turtle Channel Blue;
• CCI is greater than 75.
• Open buy position if the candle price close above red dot Barry resistance.

Short Entry:

• Turtle Channel Red;
• CCI is less than < -75.
• Open sell position if the candle price close below blue dot barry support.
• Profit Target must be 8-13 pips depends by Currency pairs.

Stop loss:

• for buy 3 pips below blue dot barry support.
• for sell 3 pips above red dot barry resistance.