For about a year now I have been trying to find a scalping strategy (1 minute or 5 minute) that has a high win rate and at the same time also provides at least 2-3 trading opportunities in a forex major pair every day. I have spent countless hours on courses, books, Youtube videos, backtesting, and paper trading and yet have failed to find a single good scalping strategy. Can someone please point me in the right direction or teach me their own strategy?
A Forex scalping strategy is a fast-paced trading style that involves placing several trades a day. Scalping strategies are traded on the smallest time frames and positions are held for only a matter of minutes. Scalping is the practice of trading tiny fluctuations in price movement and accumulating small profits across many, possibly hundreds of trades every day. To be able to trade effectively using a scalping strategy, being able to identify optimal entry and exit points is essential. Moving Average indicators can greatly assist in assessing current market sentiment, allowing a trader to enter a position just as trading sentiment is changing, the same techniques can be used to exit a trading position before market sentiment moves against a position. https://www.geekyforex.com/moving-average-scalping-strategy
I'm interested in your perspective. Is Gold XAUUSD the perfect tool for scalping? It is more volatile than forex. But not to say Forex is useless. From what perspective is Forex better than Gold? I am thinking that I need Gold and Bitcoin (not yo get bored during weekends)
If you want to make HUGE PROFITS scalping Forex you need to watch this video. I'm going to show you how to use a higher timeframe to grab a massive risk-to-reward ratio with your trading. This can be done in almost any higher timeframe. After you watch this you will know exactly what you need to look for to scalp a huge chuck out of the market. My goal is to make trading easier for you. (Video)
Scalping Forex using a razor account or a spread betting account? Please HELP
I have a question. I use Pepperstones razor account (takes commission per trade) and realise this account would get taxed (uk) unlike spreadbetting. Can you use a spreadbetting account to scalp or is it much harder because larger spread? Also I realised a certain lot size on the razor account for a currency pair does not work out to be the same size trade when placing a trade on a spreadbetting account. So how would I work out lot size when scalping using a spreadbetting account on MT4?
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Most Profitable & Simple FOREX SCALPING Strategy - YouTube
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