Forex Zone | Forex Forum

Best Forex Scalping Method

Discussion started on Forex Education

Noviarini

Best Forex Scalping Method in Forex Education_xx

If you want to start scalping on Forex, you need to rethink your overall infrastructure.
Step 1. Select Brokers
Scalping is different from ordinary day trading and tends to cause many problems for brokers because of the large number of orders. Some brokers do not allow scalping at all; others raise spreads which makes scalping unprofitable.
These are the things you need to check:
  • Small spreads. Some brokers offer Premium accounts with spread 0 with additional fees, be careful with these conditions.
  • Leverage. If you are confident in your scalping skills, leverage is a very good way to increase profits. Just learn the broker's call call protocol; sometimes this protocol is not suitable for scalping.
  • Trading platform. You have to get to know the trading platform like getting to know your own palm. The trading platform must also make it possible to manage orders quickly, ideally in just one click.
  • Speed responding. A slow brokerage system can result in slippage and sudden losses from positions that should be profitable. Always check how responsive your broker system is.
  • Reliable support. Sometimes problems occur and you need a quick way to contact brokers. Having their telephone number or opening a chat window allows completion of most bad situations, as long as the support is competent.
Step 2. Select Market
You want to trade in a market that has the highest liquidity - which locks you into a major currency pair.
The best currency pairs are:
  • EUR / USD and GDP / USD. The Brexit puzzle controls the British and European currencies. Almost every day news comes that destabilizes the market.
  • USD / JPY. The chaos in American politics resonates with this currency pair - even though Japan is undergoing a fairly quiet period.
However you can trade any other currency pair. The only problem is the small number of situations you can use - but this makes you less stressful and ultimately profitable for newcomers.

Step 3. Set Your Workplace
With most strategies, you only need a little time to read the news, enjoy a drink, or watch cartoons. However, scalping is a series of endless deals that demand your attention constantly.
If you want to be a successful scalper, you need to create an environment where you will not be bothered by other things. If you work from home, consider creating a separate room for work.
Step 4. Start Scalping
There are many theories behind scalping but if you want to make money right now the easiest way is a strategy called "calm river". The advantage of this strategy is not like full scalping but gives room for leeway and can be a good introduction.
strategy:


  • Open long position when:
  • Prices above 20 and 50 MA;
  • 20 MA is higher than 50 MA.
  • Both MAs have an upward / upward trend;
  • There is little space between the two MAs;
  • The price tries to leave an area between the two MAs with less than three candlesticks closed between the two MAs;
  • The last candle opened between the two MAs is closed above 20 MA.
  • Open a short position when:
  • Prices below 20 and 50 MA;
  • 20 MA is lower than 50 MA.
  • Both MAs have a downward / downward trend;
  • There is little space between the two MAs;
  • The price tries to leave an area between the two MAs with less than three candlesticks closed between the two MAs;
  • The last candle opened between the two MAs is closed below 20 MA.
Remember to try this strategy first on a training account. Sometimes it needs a little adjustment in different markets.





Linkback: https://www.forex.zone/forex-education/29/best-forex-scalping-method/1252/
#1 - February 10, 2019, 12:10:24 PM

  • Best Forex Scalping Method in Forex Education_index
  • Posts: 247
  • Points: 1009
  • Likes Received: 24
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
If you want to start scalping on Forex, you need to rethink your overall infrastructure.
Step 1. Select Brokers
a post that is very helpful for scalpers like me, but please also include pictures and position entry methods to make it easier to understand the system, for example tomorrow when the market opens operations ...
#2 - February 10, 2019, 03:05:47 PM
« Last Edit: September 16, 2019, 06:00:58 PM by Mikser »

  • Posts: 89
  • Points: 0
  • Likes Received: 8
  • Reputation: +1/-0
Best Forex Scalping Method in Forex Education_xx
If you want to start scalping on Forex, you need to rethink your overall infrastructure.
Step 1. Select Brokers
Scalping is different from ordinary day trading and tends to cause many problems for brokers because of the large 

very helpful for beginner traders like me, but please give clear rules that I am not taking the wrong position.
and I'm still confused by your explanation.
#3 - February 10, 2019, 05:24:14 PM
« Last Edit: September 16, 2019, 06:01:17 PM by Mikser »

  • Best Forex Scalping Method in Forex Education_index
  • Posts: 125
  • Points: 0
  • Likes Received: 20
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
very helpful for your posts for me, but please provide a clear explanation so that I don't open the wrong position, so that I can learn from your posts it would be nice to have an image that can be used as a learning example for me
#4 - February 10, 2019, 06:58:28 PM

  • Best Forex Scalping Method in Forex Education_index
  • Posts: 513
  • Points: 0
  • Likes Received: 168
  • Reputation: +12/-1
Best Forex Scalping Method in Forex Education_xx

reviews and information are very helpful, with this scalping technique many people only trade with very short distances, and get daily profits. do you think it's better to be scalping in forex or binary?
#5 - February 10, 2019, 08:47:38 PM

  • Best Forex Scalping Method in Forex Education_index
  • Posts: 1160
  • Points: 416
  • Likes Received: 157
  • Reputation: +67/-0
Best Forex Scalping Method in Forex Education_xx

We recommend that a thread that discusses this kind of theory is equipped with images so that it is easier to learn and practice, so we can discuss in more detail. If only this kind of theory still confuses and brings different perceptions
#6 - February 10, 2019, 10:50:17 PM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
a good scalping method really needs to be maintained.
#7 - October 11, 2019, 08:50:45 AM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
the best scalping method in my opinion that suits our character.
#8 - October 12, 2019, 06:56:11 PM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
I think the assumption is wrong .., all the methods in my opinion are good
#9 - October 31, 2019, 08:31:31 AM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
if you want to scalping trading better trading during the Asian session market
#10 - October 31, 2019, 08:45:30 AM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
many scalping techniques that are good and we can use
#11 - October 31, 2019, 02:48:32 PM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
most use the stoch indicator for scalping
#12 - October 31, 2019, 03:01:25 PM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
many other techniques besides scalping that we can use
#13 - October 31, 2019, 04:08:12 PM

  • Best Forex Scalping Method in Forex Education_index
  • Posts: 1047
  • Points: 5672
  • Likes Received: 100
  • Reputation: +4/-0
Best Forex Scalping Method in Forex Education_xx
Does this strategy only fit in brokers with the criteria you mentioned and those 3 pairs, sir? because I mostly trade / scalping in EUR / JPY and AUD / USD cross pairs. When it comes to choosing brokers and pairs, indeed I am clear because scalping requires adequate broker features and supports our strategy.
#14 - October 31, 2019, 05:13:06 PM

  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Best Forex Scalping Method in Forex Education_xx
Scalping sytrategi are usually better if you add a good MM too.
#15 - November 02, 2019, 06:09:36 AM

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
Forex Scalping

Started by Noviarini on General Forex Discussion

564 Replies
5405 Views
Last post September 12, 2021, 05:21:28 AM
by Holm
xx
What is Scalping in forex trading?

Started by Noviarini on Forex Education

86 Replies
1424 Views
Last post September 30, 2021, 07:03:58 AM
by Morposis
xx
YIN YANG METHOD

Started by rushart on General Forex Discussion

69 Replies
893 Views
Last post May 04, 2021, 12:37:32 AM
by joshgandosh
xx
JUST FOCUS IN YOUR TRADING METHOD

Started by Mulyana on Forex Education

158 Replies
2239 Views
Last post October 14, 2021, 05:11:19 AM
by Osmi