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FOREX TRADING – Scalping
Posted on 30 January 2010
25 Responses to “FOREX TRADING – Scalping”
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cant forex be manipulated?
Scalping is great, I think it's the only way to make decent money from a smallish amount of capital, I never leave a trade on longer than a minute, why have your money in the market when it's not doing anything?
you'r right man!!!!!!!!!!!!!
Yes, you can explore all trade figures, but it's not right! We need to develop understanding and intuition – is the most effective tools!
yes, by my definition.
scalping by YOUR definition means 5-min trades. there is no standard definition on the timelimit for a scalp xenaxon. otherwise much of what you say is true
30, 50 and 100 SMA
What are the values of the ma's you are using?
huh..i wud like to join forex but do not know how to play it..;( some1 wants frm me RM1000 to teach me about forex frm A to z…should i pay?
make someone regular money whith forex ???? or not ….
I dont get it. if you are not a scalper, why post a scalping video. You are also basing a trade on fibonacci levels. I see where I would of gotten in on this trade.
brokers will always make the most money…………
Dude, too much excuses! What's up?
because the broker can take a chunk outta ur earning if you're not careful and there goes the last 12 hour of concentration with ur screens wasted
thanks for the website for beginners like me man!
I've asked that question myself some time before.
The answer is, I can't have a broker get rich off my back. I don't hate, I worked too much emotionally to be that weak.
People have the tendency to throw away money so easily when there's abundance. But I've spent 2 years, working for my initial tradeing capital. As a child I was poor, I had no privileges different from everyone else. I understand money.
And my emotions are no longer a jagged rock, but a fine pearl.
who cares if the brokers get rich if you're making money too. why do you hate the broker so much? if scalping makes money then do it.
First of all it's easy to see when strategies work but when they don't. I would suggest getting good historical data like from these guys ForexTickData and do some testing. Historical back tests don't lie.
Cheers – Dyno
First of all its a failed double bottom. If price only touches a trend line twice it's considered weak.
Interesting. There is a lot to learn and so many techniques to explore.
I completely agree with Xenaxon, he seems to be the only one around here that knows something. I also operate on the 5 min time frame and I can't consider myself a scalper. My transactions last from 20 minutes to a few hours. Obviously, the less pips you hunt for a profit the more money goes to your broker. Yes, scalping is good also, but remember guys it only works well when the volatility skyrockets, it was the case last year from september till the end of January. Good trades to everyone
there is "better" but there's not such thing as "right". One more time: The market is always right.
There is always better ways than other ways, by practice and experience !
Why are you talking about "experienced traders" ? And not about yourself?
"when you do it right" that one's better than a British joke. There is no right way! forex trading is not science. The market is always right.
In forex, experienced traders do not have to wait days or weeks to make money, it is a matter of minutes when you do it right !