Scalping and trading strategy
Členom od Aug 09, 2017
94 príspevkov
Sep 22, 2017 at 07:02
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.
Členom od Apr 18, 2017
659 príspevkov
Sep 24, 2017 at 06:50
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.
Členom od Mar 20, 2016
2 príspevkov
Sep 25, 2017 at 06:18
USD/JPY is a great pair I find for Scalping :)
Don't fake the parade on a nasty trade
Členom od Sep 26, 2017
2 príspevkov
Sep 27, 2017 at 06:31
JPY pairs can offer a better scalping as volatility is higher. for me pound/yen is the way for scapling :)
Členom od Feb 12, 2016
507 príspevkov
Sep 27, 2017 at 13:27
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 :)
Členom od Nov 03, 2015
8 príspevkov
Sep 27, 2017 at 14:39
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
Členom od Feb 12, 2016
394 príspevkov
Sep 28, 2017 at 07:12
One more additional pair good for scalping - AUD/JPY Enjoy 😄
Accept the loss as experience
Členom od Oct 12, 2016
771 príspevkov
Sep 28, 2017 at 14:44
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.
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
Členom od Sep 26, 2017
2 príspevkov
Sep 29, 2017 at 09:09
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.
Členom od Apr 18, 2017
659 príspevkov
Oct 01, 2017 at 06:40
All major pairs are suitable for scalping because of low trading spreads!
Členom od Feb 12, 2016
507 príspevkov
Oct 03, 2017 at 13:38
aqazi posted: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.
You can scalp also on M15 or M30 TF - this will give more time for reaction :)
For more aggressive scalping - tick charts are great :)
Some of my chart are set on 144 ticks
Členom od Oct 12, 2016
771 príspevkov
Oct 04, 2017 at 07:28
BaldoN posted:aqazi posted: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.
You can scalp also on M15 or M30 TF - this will give more time for reaction :)
For more aggressive scalping - tick charts are great :)
Some of my chart are set on 144 ticks
Yes, scalping in a higher timeframe is a better option to improve performance of scalping by avoiding the quick reaction based false trading decisions
Artificial General Intelligence
Členom od Dec 11, 2015
1462 príspevkov
Oct 04, 2017 at 15:00
Would trading on M30 still be considered scalping? Isn't it too long a time frame for that?
Členom od Aug 11, 2017
870 príspevkov
Oct 05, 2017 at 07:38
Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this.
Členom od Sep 18, 2017
1 príspevkov
Oct 06, 2017 at 09:11
hi mohaa just asking is xm good for a 15min -30min scalping
money against the pip
Členom od Sep 07, 2017
12 príspevkov
Oct 12, 2017 at 14:49
Most brokers are fine with 15-30 min trading. It is only when it is down to seconds that there can be problems
Členom od Aug 27, 2017
875 príspevkov
Mar 11, 2020 at 12:46
sometimes scalping causes huge trouble but overall its really good and comfortable for the traders who above have low amounts.
keeping patience.......
forex_trader_1153031
Členom od Feb 28, 2020
78 príspevkov
Mar 12, 2020 at 05:40
Don't use one trading strategy, like me I switch from system to system, if the market is flowing, I switch to trending system, if its ranging, I do taking profits as fast as I can, but trending market is best for me, but I switch to system from time to time depending on market conditions
Členom od Feb 19, 2020
18 príspevkov
Mar 12, 2020 at 14:46
JapaneseGroupFx posted:
Don't use one trading strategy, like me I switch from system to system, if the market is flowing, I switch to trending system, if its ranging, I do taking profits as fast as I can, but trending market is best for me, but I switch to system from time to time depending on market conditions
like this gentleman said, don't focus on 1 strategy. It's like having multiply incomes from different field you know, be flexible.
Členom od Jan 10, 2020
36 príspevkov
Apr 10, 2020 at 12:10
(upravené Apr 10, 2020 at 12:10)
I'll never believe scalping can earn enough money. Аor me scalpers are newbie. Just starting their way into the trade.
But for experienced traders, scalping isn't suitable as for me.
But for experienced traders, scalping isn't suitable as for me.
