Scalping systems
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Forex scalping is a trading style which looks to take profits on very small price changes, usually soon after a trade has been entered into and becomes profitable. It is a trading strategy that does not look to capture 50+ pip moves, rather it is more about watching the price action and getting in and out of trades for quick 5-15 pips which little by little add up.
Forex Scalping Systems | Forex Strategies & Systems Revealed YouTube - FOREX TRADING - Scalping YouTube - forex trade calls 1 minute high frequency scalp video Target profit is 8 pips .Stop loss is 20 pips. 100 trades per day on euro /usd . Target 70 profitable trades @ 8 pips = 560 pips profits daily Losses 30 trades daily , average loss * 15 pips (some trades closed before stop is hit) = 450 pips loss. Daily slippage 10 pips Net profit is 100 pips daily *$100 per pip (1,000,000 /10 lots)= $10,000 profit per day /$2.5 million a year.Account size $100k. Time frame 1 min , plus triple screen on 15 min , 1 hour , 4 hour Learn the following methods first before attempting scalping. http://www.fxfisherman.com/forums/fo...-scalping.html Trendline Break (The Only System You Need) @ Forex Factory Always trade in the direction of 15 min time frame and 15 min trendline break system |
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It is going fine on live accounts and making loads of money, but you have to learn it on demo first.
http://www.fxfisherman.com/forums/fo...html#post45309 triple screen FXstreet.com Live Sessions Archives: Multiple Timeframe Trading |
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