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It seems to be a good technique that can work for profit making. But for new traders it's not possible to trade with 2% only the reason is small and new traders invest only little capital to start this business and with that it remain difficult to use only 2% for a trade.
The pair neared 50% Fibonacci correction and bearishly reversed due to the effect of the negative signs appearing on momentum indicators. We can expect a base to be built on 1.2565 that represents the previously broken 38.2% Fibonacci correction that has currently turned into support, where it meets with SMA50.
The report on real trades made on the basis of my trading system in January 2003 (the reports from February till June will be published in the following issues of the eZine) is a good argument in favor of the system's effectivity and appropriateness of its basic methodology.
scalping is the forex trader work. scalping kernay k liye app k liye large account hona chaahiya. i think forex is a good work. because it is a very honesty work.
scalping is very popular word for forex trader.sometimes we open trade for short time when this trade moves only 5 or 10 pips then we close this trade.it's called scalping in forex.sometimes scalping is very profitable.but for doing scalping need very experience.
You are very right in the sense that scalping requires speed and as such your internet connection needs to be good broadband if you wish to be a scalper. i agree with you but in my view if any trader playing with this kind of lot size its meaning that he have a good trading experience or good amount for invest or may be a very good signal.
i agree that scalping is not the best strategy that exists in Forex trading is position trading. it is a very effective trading and beginner may out this strategy too, if they will not try to over- trade in Forex.
scalping techniques can not be done by any trader. maybe we can use scalping techniquse but we can not alwaya get good results a scalper needs to continue to sit at the compouter when the open position
Scalping is a best quality Forex business policy. Some experience trader also do it regularly. I am very interested. Because I am now busy. Maximum time I can finish my trade within short period. But it is not real game in Forex market. It is risky business for emotional trader because they are not agree to take lose at first time. For that it happen. I also facing this strategy but now I am fully ready to make it properly.
i still learn about scalping when trading session. because i don't make bad decission when i got trading. i agree if every trader to use scalping must be much training session before trading. or just trading with cent account to learn that.