What is fast forex scalping?

Remember to look at 3 important things:
Small profit margins

Short positions

High leverage

And forget about 15 minute time frames. Use only 1 and 5 min

Scalping is in essence quick. So I don’t know if there is a separate kind of scalping that I am not aware of :)

not sure what you exactly mean by that. scalping means entering and exiting the market quickly with small profits.

Scalping is a short time trading strategy that requires only a couple of minutes to trade. They execute several trades for small pips in each trade.

we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.  its a very dedicated decision. 

It doesn't matter what strategy you use. But you can't put pressure on the investment. That's how you need to create your trading plan.

Scalping is a quick way of making a profit and mostly new traders adopt it at the beginning of their trade.

Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?

it depends. it can be 15. for me its 1 and 5. sometimes i quickly enter and exit for that i generally see the 1 and 5mins..it works for me

Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?

I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.

Pin bar is really popular but not for beginners, it is especially for the senior traders who are able to predict the real faction of this market with certainly by means of candlestick. According to me , who are able to make profit consistency by using this pin bar trading strategy , only they are professional in Forex.

Darrensmith posted:

Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?

I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.

Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.

Ericdier752 posted:

tracepharikson55 posted:

Darrensmith posted:

Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?

I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.

Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.

Can you suggest any?

IG, FXCM, IB, Fxview, Oanda. Ensure that you trade when markets are very active because scalping is all about trading volume. And with spreads less than 1 you can make good profits.

deborahbennett posted:

Ericdier752 posted:

tracepharikson55 posted:

Darrensmith posted:

Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?

I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.

Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.

Can you suggest any?

IG, FXCM, IB, Fxview, Oanda. Ensure that you trade when markets are very active because scalping is all about trading volume. And with spreads less than 1 you can make good profits.

Yes! When you trade is very critical in scalping! Stable markets won’t fetch you anything!

forextrader777 posted:
Scalping itself means that you are making quick profits by taking short positions. There is nothing like quick scalping.

That's right. I've never heard of it too.

tracepharikson55 posted:

Darrensmith posted:

Ericdier752 posted:
I was kind of wondering why are 15 minute time frames the least favourite of scalpers? Wouldn’t it be easier to read M15 charts on the contrary?

I use 15 minute charts and I have seen it giving me more profits than the smaller frames. I generally see a pips movement of 12-15 and the least I have seen is 7. Obviously this is less compared to mad changes in swing and intraday but scalping is all about squeezing maximum profits out of a small time range. Key is to spot trading opportunities.

Yes when you trade will prove to be extremely critical in scalping. And also the spreads that you get. Should not exceed 30% of your income. That’s why it’s best to go for zero spread accounts.

Broker choice is a major factor in trading, especially scalping where you enter multiple positions in which you enter and exit fast.

You can try some other strategies as a beginner instead of scalping.

jaspertan posted:
You can try some other strategies as a beginner instead of scalping.

Agreed, I guess scalping should be tried a bit later in the trading career, could be difficult to manage for some beginners.

I never heard the term ‘Quick scalping’.
Scalping is the fast way of trading itself. You can enter and exit the market in just a couple of minutes and can earn a small profit.

I have been demo trading with Cityindex, Fxview and Etrade for a month now and just on the verge of going live. The $500 that I invested with them (virtual) has grown to $3682. This mostly because of 0 to 0.7 pips that I got as spreads for most of my trades. Will it be same even in live account?