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There is no a stipulated time that is specially meant for scalping what you have to do to ensure the effectiveness of your scalping strategy is being able to select little time frames and as well selecting a 5 digits decimal account number being provided by instaforex to enhance your scalping strategy.
scalping is dangerous system that i ever know in forex trading. this strategy better doin in sideways time, but for me i now never do it again because it need experience and concentrate.Quote:
Originally Posted by fxultra
The most traded pairs are Epicurus and Gbps, Epicurus is the girst choice and suggested pair for the beginners, though you can trade most all the major pairs as they are somewhat correlated to each other, but it's always better to concentrate and master one pair at a time.
when the market is in General on the page, on the what happens after the current record. now is the perfect time to Scalping. This choice is mostly a matter of personal preference,
the best time for the scalping is the sideways of the market .. it has a lot of chances and opportunities for trading forex .. it's very easy to do it then .. but scalping needs a lot of experience to not lose everything in a seconds .. good luck
the time period recommended is determined by the particular technical strategy applied. Many scalpers choose choppy, directionless promotes when utilizing this specific type, while others would prefer to buy and sell clearly directional, highly fluid along with risky promotes. while scalping my partner and i attempt many diferent little timeframes, 1M 5M 15M 30M, it's easier to verify all of them all at one time to understand the place that the market place is certainly going, i then help make my trades in the 1M time-frame, it's much like everything else.
Its a new york session will be good for doing business here and become a successful business,Moment can sometimes last from a few hours to a few days pending on how engrossed you are in that activity. That’s fine but the impact of it is that we get diverted from our initial goal.
I think those who is new in forex market , for them slow market is good and slow currency also but according to me for them scalping is not good because forex is very risky business in the world.
I prefer always work in a scalping in the Asian session, this good period for me for a good trading where I can control my deal if reflected price moves because in these times are few and can be remedied
actually american season is very risky but if you are a good trader or analyzer then i think american season is best for you. otherwise,european season is best for scalping & 15mints timeframe is best for scalpers.