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Scalping and trading strategy

Admoni
Sep 22 2017 at 07:02
95 posts
Scalping is a short time trading approach which success depends on lowest trading spreads, so we the traders who are particularly scalpers have to choose the currency pair which has comfortable trading spreads. Even though many of us depend on EUR/USD for scalping but I don’t like this bass pair for the sake of scalping in a proper way due its volatile movements.

AmDiab
Sep 24 2017 at 06:50
718 posts
Well, I use mainly moving average trading strategy for scalping trading! In average I get 10% monthly return in my live trading! Yes, I do mainly scalping trading, because, it offers me quick trading result either it’s SL or TP.

Jono (kelix)
Sep 25 2017 at 06:18
2 posts
USD/JPY is a great pair I find for Scalping :)

Don't fake the parade on a nasty trade
aqazi
Sep 27 2017 at 06:31
2 posts
JPY pairs can offer a better scalping as volatility is higher. for me pound/yen is the way for scapling :)

Baldo (BaldoN)
Sep 27 2017 at 13:27
522 posts
Admoni posted:
Scalping is a short time trading approach which success depends on lowest trading spreads, so we the traders who are particularly scalpers have to choose the currency pair which has comfortable trading spreads. Even though many of us depend on EUR/USD for scalping but I don’t like this bass pair for the sake of scalping in a proper way due its volatile movements.


:)
I have never said this before, but I will repeat it one more time :)
For scalping is vital execution - not just tight spreads :)

TeslaTraderCo (northernlights92)
Sep 27 2017 at 14:39
9 posts
I personally prefer the lower volatility pairs. I have found I get stopped out more frequently with the higher volatility pairs. As such, I do not trade JPY. I also do not trade from 2pm-6pm MDT to avoid getting bad spreads.

Short-term price movements are market inefficiencies - take advantage
Tiffany (TiffanyK)
Sep 28 2017 at 07:12
427 posts
One more additional pair good for scalping - AUD/JPY Enjoy 😄

Accept the loss as experience
leo23
Sep 28 2017 at 14:44
567 posts
Scalping requires a lot of patience to watch the screens for long time. Also, one loosing trade can wipe out a series of profits which can bring frustration if you are manually trading. But you can develop semi-automated trading systems for helping you for scalping.

Low spread, good execution and good market movement is required for being successful in scalping. In scalping you are targeting small pips quickly and so you have to pay the spread to broker every time you open and close a trade irrespective of profit or loss. So only highly profitable trading set ups should be executed.

Artificial General Intelligence
aqazi
Sep 29 2017 at 09:09
2 posts
leo23 posted:
Scalping requires a lot of patience to watch the screens for long time. Also, one loosing trade can wipe out a series of profits which can bring frustration if you are manually trading. But you can develop semi-automated trading systems for helping you for scalping.

Low spread, good execution and good market movement is required for being successful in scalping. In scalping you are targeting small pips quickly and so you have to pay the spread to broker every time you open and close a trade irrespective of profit or loss. So only highly profitable trading set ups should be executed.


i think manually administrated trade is much viable option while doing hyper scalping.. as we are opening position on a min or 5min time frame, to cut down losses immediately if things are not moving in our direction, second option will be to have a very tight SL.

AmDiab
Oct 01 2017 at 06:40
718 posts
All major pairs are suitable for scalping because of low trading spreads!

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