Scalping Forex Strategy

[cpay]

Hi pjfx,
That your advance scalping method sounds interesting. 29 out of 30 winning trades, wao! please can i have a clear understanding of your scalping method? and if possible share with you.

[forexbaby]

Originally Posted by Forexcube

I prefere betimes the scalping with EURUSD (tight spread) and the EMA's 9, 20, (55, 120) on 10 sec., 30 sec. and M1 timeframes by looking at M5 and M15 in order to get a global view. Enter/Exit: with the EMA's 9/20 crossovers.

Kindest regards

Hi Dude,
I'm New to forex and I want to know What is it mean" EMA's 9, 20, (55, 120) on 10 sec., 30 sec. "?. In which Indicator it comes?.
Thanks in advance

[Enivid]

Originally Posted by jeffcox

Hello guys,

I'm just curious if the scalping method that you were doing is manual trade or automated. Is it more effective to use manual trading? I am planning of using an EA for scalping since I can only trade during night.

In theory, automated scalping is better than manual but, in practice, the Forex brokers usually prevent traders from using the scalping expert advisors. They do it with high slippage and an increased rate of requotes. But it's possible to build an automated system that would handle properly these problems.

[claristtrader]

Originally Posted by Enivid

In theory, automated scalping is better than manual but, in practice, the Forex brokers usually prevent traders from using the scalping expert advisors. They do it with high slippage and an increased rate of requotes. But it's possible to build an automated system that would handle properly these problems.

i doubt, even we can create well, it but we can't run it coz many brokers not allowed scalping method, increase spread during asia session one of their ways
to against scalper

[Enivid]

Originally Posted by claristtrader

i doubt, even we can create well, it but we can't run it coz many brokers not allowed scalping method, increase spread during asia session one of their ways
to against scalper

Some brokers allow scalping but only add more requotes and slippage. In this case, it's possible to optimize a scalping EA to overcome these problems.

[SimplyFX]

I dont like scalping myself. The risk/reward ratio is very one-sided. A risk of 10 to get a reward of 4?

[olusam]

Where do i get correct news for fundamental analysis?

[Enivid]

Originally Posted by olusam

Where do i get correct news for fundamental analysis?

If you need only Forex news, you can look here:
http://www.topforexnews.com/

If you need more general financial news look for more links here:
http://www.topforexnews.com/top-7-ne...ancial-trader/

[graceheather]

Scalping is quick trading. And the pips generated are usually very little.

Scalping is only good for Brokers. They made a lot of money from traders who use Scalping due to the frequency of trades...

Personally do not favor Scalping.

[brianhutson]

Forex scalping is the art of using leverage and a large number of short term trading to steadily increase an account. Normally, only 1-5 cores gets targeted for each trade. This type of trade remedy appeals much to the day traders and those who want to minimize the risks associated with currency exchange.