Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
INDICATORS
Bollinger Bands default (ie 20)
SMA 3
MACD default
RULES
1. You MUST trade along the prevailing trend*
2. You must wait for setup described below to happen before entry.
3. You must use M1 timeframe.
ENTRY SETUP
M1 chart - SMA 3 crosses middle Bollinger Band in direction of prevailing trend and MACD crosses 0 moving in same direction, open trade.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
And how can you actually do that? Scalping usually don't use indicators as its purpose is just like doing hit and run. earn 10 pips and you close your position. this is what w called scalping.
We trade with small time frame and has 10 to 15 pips target earning per trade. But I'm just wondering what is the SL if you use scalping strategy.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
All indicators can be used to trading style with secalping . But do scalping have to be careful because usually find pip small by paying risk great even without stop item so we need money management
FOREX IS A BUSINESS AND NOT GAMBLINGBELIEVE OURSELFT
there are many ways for scalping and i just use stochastic, trendline and bollinger bands as my indicators to help my trading
and also i do trade with technical analysis as my methods...
i see that you have make some points and they are really important to note...
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
for scalping usually best to use the system indicator range or reversal. so take the ups and downs, such as Bollinger bands or envelopes.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think while scalping we should avoid using indicators that are new and that we have not tested for enough time, but using tested and proven indicators that we are well familiar with should help deliver good scalping performance.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hi
I think while scalping we should avoid using indicators that are nw and that we have not tested for enough time. but using tested and proven
indicators that we are well familiar with should help deliver good scalping performance.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
very good strategy you got there but i tell people not every forex trader is a good scalper, expecially the newbies when they begin to trade they go for small time frame to scalp only to lose thier trading account
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hello to all
Yes scalping is a Art. Its too hard in all trading strategy. All scalper not use same strategy. But they have to develop their own strategy to be success. I also like this strategy and use some good indicator on small time frame like 1M. 5M and 15M.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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