Discuss Scalping Forex Strategy here. Scalping Forex Strategy is a simple Forex trading strategy based on the high position density. You can ask any questions about this strategy here.
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I prefere betimes the scalping with EURUSD (tight spread) and the EMA's 9, 20, (55, 120) on 10 sec., 30 sec. and M1 timeframes by looking at M5 and M15 in order to get a global view. Enter/Exit: with the EMA's 9/20 crossovers.
Kindest regards
Kindest regards
Forex Scalping can also be called a quick trading. It is a method where traders allow their positions to last only for a matter of seconds, to a full minute and rarely longer than that.The purpose of scalping is making small profits while exposing a trading account to a very limited risk, which is due to a quick open/close trading mode.Suppose a scalper opens a trading position of 100 000 units with EUR/USD. For each pip he will now earn $10.Closing in with only a 3 pip profit brings it up to $30 not bad for less than a minute of work…
Well I agree with you all, but i find out that one could make huge profits if he understands what I call advance scalping method. This captures between 20 to 50 per trade pips for me. A trader must learn to understand when he's scalping against and inline with the trend on any time frame. This is what determines when to come out of the trade, it will also make you to play safe. I have taken close to 30 trades this month with 29 winning and only one lose. I only incured that lose when I forgot that a news was released. so i keep out of my advance scalping method when major news release is in view.
Hi Dude,
I'm New to forex and I want to know What is it mean" EMA's 9, 20, (55, 120) on 10 sec., 30 sec. "?. In which Indicator it comes?.
Thanks in advance
In theory, automated scalping is better than manual but, in practice, the Forex brokers usually prevent traders from using the scalping expert advisors. They do it with high slippage and an increased rate of requotes. But it's possible to build an automated system that would handle properly these problems.
i doubt, even we can create well, it but we can't run it coz many brokers not allowed scalping method, increase spread during asia session one of their ways
to against scalper
Some brokers allow scalping but only add more requotes and slippage. In this case, it's possible to optimize a scalping EA to overcome these problems.
I dont like scalping myself. The risk/reward ratio is very one-sided. A risk of 10 to get a reward of 4?
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Scalping is quick trading. And the pips generated are usually very little.
Scalping is only good for Brokers. They made a lot of money from traders who use Scalping due to the frequency of trades...
Personally do not favor Scalping.
Scalping is only good for Brokers. They made a lot of money from traders who use Scalping due to the frequency of trades...
Personally do not favor Scalping.
Forex scalping is the art of using leverage and a large number of short term trading to steadily increase an account. Normally, only 1-5 cores gets targeted for each trade. This type of trade remedy appeals much to the day traders and those who want to minimize the risks associated with currency exchange.
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