This document provides information about scalping as a trading strategy in the forex market. It defines scalping as targeting small, quick profits by opening and closing positions within minutes or hours. Some key points covered include:
- Scalping involves trading on small timeframes like 1-5 minutes and aiming for profits of 10-30 pips per trade.
- It is a high-risk strategy that requires constant attention and trading small position sizes.
- Choosing a broker with low spreads and fast order execution is important for scalpers.
- Popular currency pairs to scalp include EUR/USD, USD/JPY, and GBP/USD due to their liquidity.
- Strict risk management, controlling
Micro trading technic with 1 minute charts Raul Canessa
This document describes a 1-minute chart scalping system for Forex trading. It uses the 1-minute candlestick chart along with Bollinger Bands, RSI, MACD, and a 3-period EMA. Buy signals occur when the EMA crosses through the middle Bollinger Band and RSI and MACD are above their thresholds. Sell signals happen when those indicators are below their thresholds. Trades should target small profits since it's designed for short-term scalping rather than large movements. The system is best tried out in a demo account first before live trading.
What are some of the advantages of using a scalping strategy to trade the forex market? - Quick profits Entry and exit is usually done within a couple of minutes. This allows for quick profits but can lead to quick losses as well. - Exit is usually within 20 minutes or less - Lots of trades Strategy uses 3 Indicators The strategy uses 3 indicators: pivot points, Fibonacci retracement and the Stochastic Oscillator. The 3 main pivot points both above and below the pivot are used for this system: S1, S2, S3 and R1, R2, R3. The Fibonacci retracement values used are the 0.618, the 0.382 and the 0.500 levels. The Stochastic Oscillator is set at 5,3,3.
The document discusses the scalping trading strategy. It defines scalping as making many small profitable trades over short time periods, from seconds to minutes. Key aspects of scalping include taking short positions, aiming for small profit margins, and using leverage. The strategy outlined uses technical indicators like volume and moving averages to identify opportunities for quick trades when prices gap or pull back. It provides steps for analyzing volume to spot trends and reversals, and explains how to enter and exit trades quickly for small profits.
This document provides an overview of high probability trading setups for the currency market. It discusses the top 10 trading rules developed by the authors from years of observing currency price action. These rules are meant to keep traders grounded and out of harm's way. The document then outlines several high probability trading setups and strategies for both trending and counter-trend environments in the currency market.
This document introduces a forex trading strategy using the MACD indicator on a 4-hour timeframe. It describes the strategy's focus on simplicity and high probability trades. Figures 1-3 are included to illustrate past trade signals and results, with Figure 1 showing 14 signals over 5 weeks that produced good results. The strategy aims for 95% accuracy by filtering for the best MACD signals. Setup instructions are provided for the MACD settings and moving averages to use on charts. Common MACD patterns that signal high probability trades are explained, such as heads and shoulders and rounding tops and bottoms.
Micro trading technic with 1 minute charts Raul Canessa
This document describes a 1-minute chart scalping system for Forex trading. It uses the 1-minute candlestick chart along with Bollinger Bands, RSI, MACD, and a 3-period EMA. Buy signals occur when the EMA crosses through the middle Bollinger Band and RSI and MACD are above their thresholds. Sell signals happen when those indicators are below their thresholds. Trades should target small profits since it's designed for short-term scalping rather than large movements. The system is best tried out in a demo account first before live trading.
What are some of the advantages of using a scalping strategy to trade the forex market? - Quick profits Entry and exit is usually done within a couple of minutes. This allows for quick profits but can lead to quick losses as well. - Exit is usually within 20 minutes or less - Lots of trades Strategy uses 3 Indicators The strategy uses 3 indicators: pivot points, Fibonacci retracement and the Stochastic Oscillator. The 3 main pivot points both above and below the pivot are used for this system: S1, S2, S3 and R1, R2, R3. The Fibonacci retracement values used are the 0.618, the 0.382 and the 0.500 levels. The Stochastic Oscillator is set at 5,3,3.
The document discusses the scalping trading strategy. It defines scalping as making many small profitable trades over short time periods, from seconds to minutes. Key aspects of scalping include taking short positions, aiming for small profit margins, and using leverage. The strategy outlined uses technical indicators like volume and moving averages to identify opportunities for quick trades when prices gap or pull back. It provides steps for analyzing volume to spot trends and reversals, and explains how to enter and exit trades quickly for small profits.
This document provides an overview of high probability trading setups for the currency market. It discusses the top 10 trading rules developed by the authors from years of observing currency price action. These rules are meant to keep traders grounded and out of harm's way. The document then outlines several high probability trading setups and strategies for both trending and counter-trend environments in the currency market.
This document introduces a forex trading strategy using the MACD indicator on a 4-hour timeframe. It describes the strategy's focus on simplicity and high probability trades. Figures 1-3 are included to illustrate past trade signals and results, with Figure 1 showing 14 signals over 5 weeks that produced good results. The strategy aims for 95% accuracy by filtering for the best MACD signals. Setup instructions are provided for the MACD settings and moving averages to use on charts. Common MACD patterns that signal high probability trades are explained, such as heads and shoulders and rounding tops and bottoms.
forex trading strategy that you can make money with. Can also be use by using your android and iphone metatrader.
The settings on the indicator are easy to setup. The strategy best time frame is h4 and hourly chart.
http://www.pipsumo.com/2017/04/parabolic-sar-trading-strategy.html
The best swing trading strategies are the ones that allow you to trade and profit from your beliefs about the market. I have added some of the most popular swing trading indicators as a guide for you to explore. The swing trading indicators listed here focus on trend trading, volatility, and overbought/oversold conditions.
The power to predict basics and advanced forex analysisPower Point
1) The document discusses advanced techniques for analyzing currency markets, including the use of pivots, Elliot waves, and Fibonacci to predict market movements and find high probability entry and exit points.
2) Pivots including support/resistance levels, moving averages, and trend lines are described as the basics for finding key market levels, with examples given on charts.
3) Elliot wave theory and Fibonacci retracements/extensions are presented as more advanced techniques for analyzing market emotions and structure. Examples on charts show how these can predict movements.
4) The author promotes their website, newsletter, and broker for learning these techniques through free courses and trading support.
This document introduces the MagicBreakout forex trading strategy. It is summarized as follows:
1) The strategy aims to enter the market before breakouts occur by using the CCI indicator to signal when to enter trades. This allows traders to enter positions before the crowd of momentum traders.
2) Detailed rules are provided for both entry and exit including identifying trends using EMAs, setting entry criteria using CCI crossovers, and taking profits and stops using Fibonacci retracement levels.
3) Following the strategy and strict money management is touted as the key to achieving consistent profits that grow exponentially over time. Additional paid strategies and software are promoted as helping automate the system.
By www.ProfitableTradingTips.com
Scalping in Day Trading
Traders who engage in rapid momentum trades are often scalping in day trading. These traders make their profit from the difference between bid and ask prices. Even in a flat market traders can profit from scalping in day trading. In order to successfully make a business out of scalping in day trading the trader needs to pay close attention to the market, always be aware of market fundamentals, and keep abreast of technical analysis. Despite the theoretical possibility of trading in an absolutely flat market the price of a stock constantly moves to some degree throughout the trading day. Thus when scalping in day trading one acts as a mini trend trader as well.
In and Out of Positions in a Hurry
There is a rhythm to scalping in day trading and it is fast. Traders seek to profit from the actions of traders to simply take the bid and ask prices of a stock. This strategy guarantees a profit if the trader acts quickly. It can result in losses if the stock price moves too quickly. As an example, Xyz Corporation has a bid price of $10.10 and ask price of $10.15. If the scalper can buy at the bid price and sell at the ask price he gains $0.05 per share, a small amount but a lot if repeated many times throughout the day. However, the market might move lower before he can complete his trade. Let’s say that the stock moves so that the bid price is now $9.90 and the ask price is $9.95. The trader who purchased for $10.10 now needs to sell at $9.95 if he wants to quickly exit his trade. The other choice is to continue the trade in hopes that the market will turn upward and not fall farther. This later course is anathema to scalping in day trading. When scalping a trader is never trying to outguess the market but simply helping to make the market and make repetitive small profits.
The Nature of Bid and Ask Prices
Bid and ask prices are available on markets across the world. By using this price system traders are able to execute trades immediately, so long as there are enough bid prices to match ask prices. The difference between bid and ask prices is called the spread. Gaining the spread on every trade is the goal when scalping in day trading. The ideal scalping trade would be instantaneous. Buy at the low price and sell at the high. Getting in and out in an instant would seem to be the ideal situation if dealing with absolutely static bid and ask prices. However, the market is never static so traders must look to market direction even when scalping in day trading. A successful scalper also engages in trend following in day trading.
Think of the Spread as a Bonus
Scalping in day trading takes advantage of market movement as well as the bid to ask spread. While trend traders use technical analysis to read market sentiment they attempt to ride out a trade to gain the maximum profit.
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Auto Trendline Trader is a Forex Automatic Trading Robot which works in Metatrader 4 Platform. Also a Trend line EA that works well for trendline trading.
This document provides an overview of Wade's FX setups for analyzing the forex market. It discusses key concepts like market structure, order blocks, liquidity, and accumulation/manipulation/distribution patterns. Specific setups are described that combine these factors, like looking for a break of market structure followed by a retracement to enter trades. Sessions like London and New York are examined for their impact on daily ranges. The goal is to understand how banks manipulate prices and identify high probability trade opportunities.
Trading plan is very important for you to be successful in forex trading.forex trading plan in pdf file. In this ebook will be cover on your plan to be successful forex trader, your trading goal, money management,your strategy and how you going to do your trading.
this is breakout trading strategy to use. if you understand how the breakout works.you can gain up to 100pips 200pips.
.
if you understand market trending and break out. you can make money with forex.
.
Belajar teknik forex untuk timeframe 30 minit yang menarik ini,moga anda berjaya selalu didalam bidang forex ini.Kongsikan kejayaan forex anda di blog kami.
Stop Trading Support And Resistance The Wrong WayNetpicksTrading
Stop Trading Support And Resistance The Wrong Way
- See more at: http://www.netpicks.com/support-resistance/
Support and resistance trading is a popular technical analysis method of trading. The bad part is that many traders enter trades blindly at these levels without a firm understanding of what they mean.
Learn about trading support and resistance and see if your trading results improve.
- See more at: http://www.netpicks.com/support-resistance/
- Visit our website: http://www.netpicks.com/
- Download the free indicator blueprint: http://www.netpicks.com/blueprint/
- Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs
support, resistance, support and resistance trading, reversals, trend
Day trading techniques include scalping, fading, daily pivots, and momentum trading. Scalping aims to take quick profits by entering and exiting positions as soon as they become profitable. Fading shorts a stock when it moves up quickly, expecting a sell-off. Daily pivots look to benefit from volatility by buying low and selling high, exiting on signs of reversal. Momentum trades ride trends fueled by news or volume until signs of reversal like decreasing volume or bearish candles. Day traders use candlestick charts, level 2 quotes, and newsfeeds to identify entry points supported by patterns, volume spikes, and order book depth.
The document provides an overview of order block trading strategies and abbreviations used. It introduces the founders and their SH/SMS-BMS-RTO strategy for analyzing the forex market. A list of abbreviations is also defined, including order block (OB), previous day high (PDH), and shift in market structure (SMS) that are helpful for understanding their approach. Contact information is provided to find the founders on WhatsApp and Telegram.
Dear All,
It contains plenty of useful and valuable information about Forex. Please do not hesitate to contact me directly for more information.
Regards
Dr. Hamed Faghiri
This document provides an overview of supply and demand trading strategies. It begins with an introduction and disclaimer about the risks of trading. It then discusses key concepts like identifying trends on charts, drawing trendlines, and understanding retracements and reversals. The document focuses on explaining supply and demand zones, how to identify and draw them on charts, and how to develop a trading strategy around high probability supply and demand zones. It emphasizes the importance of risk management strategies like stop losses and position sizing. The goal is to provide readers with the fundamental tools and framework to execute a supply and demand trading approach.
The document introduces the RSI indicator strategy for trend reversals on timeframes of 5-15 minutes for currency pairs like EURUSD and GBPUSD. It explains that RSI shows when the price is overbought or oversold, signaling trend reversals back within its 30-70 trading range. It provides instructions on how to set up the RSI indicator on a 1-minute candle chart using a period of 5, and describes buying put options when RSI drops below 70 from overbought conditions or call options when RSI rises above 30 from oversold conditions.
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
This document provides an overview of different chart patterns that traders can use, including triangles (ascending, descending, and symmetrical), head and shoulders patterns, and their inverses. It discusses how to identify these patterns on charts and how to trade when they are formed, including where to place stop losses and take profits. Key points covered include that the head and shoulders pattern is a reliable reversal indicator, triangles can signal continuations or reversals depending on the type, and symmetrical triangles can result in breakouts in either direction.
The document provides statistics on substance abuse and addiction rates in various countries. Iran has the highest rate of heroin addiction at 14.32% of the population, around 3.5 million people, which has risen sharply since the 1979 revolution. In the UK, alcohol is responsible for 34,000 deaths per year and costs employers £6.4 billion. France has high rates of prescription pill addiction, consuming 78 tranquilizers and antidepressants per 1,000 people. Russia has over 500,000 alcohol-related deaths annually and alcohol was found to be the cause of 52% of deaths among 15-54 year olds in Siberian towns. The US has high rates of prescription pill addiction, with up to 20% using for non
forex trading strategy that you can make money with. Can also be use by using your android and iphone metatrader.
The settings on the indicator are easy to setup. The strategy best time frame is h4 and hourly chart.
http://www.pipsumo.com/2017/04/parabolic-sar-trading-strategy.html
The best swing trading strategies are the ones that allow you to trade and profit from your beliefs about the market. I have added some of the most popular swing trading indicators as a guide for you to explore. The swing trading indicators listed here focus on trend trading, volatility, and overbought/oversold conditions.
The power to predict basics and advanced forex analysisPower Point
1) The document discusses advanced techniques for analyzing currency markets, including the use of pivots, Elliot waves, and Fibonacci to predict market movements and find high probability entry and exit points.
2) Pivots including support/resistance levels, moving averages, and trend lines are described as the basics for finding key market levels, with examples given on charts.
3) Elliot wave theory and Fibonacci retracements/extensions are presented as more advanced techniques for analyzing market emotions and structure. Examples on charts show how these can predict movements.
4) The author promotes their website, newsletter, and broker for learning these techniques through free courses and trading support.
This document introduces the MagicBreakout forex trading strategy. It is summarized as follows:
1) The strategy aims to enter the market before breakouts occur by using the CCI indicator to signal when to enter trades. This allows traders to enter positions before the crowd of momentum traders.
2) Detailed rules are provided for both entry and exit including identifying trends using EMAs, setting entry criteria using CCI crossovers, and taking profits and stops using Fibonacci retracement levels.
3) Following the strategy and strict money management is touted as the key to achieving consistent profits that grow exponentially over time. Additional paid strategies and software are promoted as helping automate the system.
By www.ProfitableTradingTips.com
Scalping in Day Trading
Traders who engage in rapid momentum trades are often scalping in day trading. These traders make their profit from the difference between bid and ask prices. Even in a flat market traders can profit from scalping in day trading. In order to successfully make a business out of scalping in day trading the trader needs to pay close attention to the market, always be aware of market fundamentals, and keep abreast of technical analysis. Despite the theoretical possibility of trading in an absolutely flat market the price of a stock constantly moves to some degree throughout the trading day. Thus when scalping in day trading one acts as a mini trend trader as well.
In and Out of Positions in a Hurry
There is a rhythm to scalping in day trading and it is fast. Traders seek to profit from the actions of traders to simply take the bid and ask prices of a stock. This strategy guarantees a profit if the trader acts quickly. It can result in losses if the stock price moves too quickly. As an example, Xyz Corporation has a bid price of $10.10 and ask price of $10.15. If the scalper can buy at the bid price and sell at the ask price he gains $0.05 per share, a small amount but a lot if repeated many times throughout the day. However, the market might move lower before he can complete his trade. Let’s say that the stock moves so that the bid price is now $9.90 and the ask price is $9.95. The trader who purchased for $10.10 now needs to sell at $9.95 if he wants to quickly exit his trade. The other choice is to continue the trade in hopes that the market will turn upward and not fall farther. This later course is anathema to scalping in day trading. When scalping a trader is never trying to outguess the market but simply helping to make the market and make repetitive small profits.
The Nature of Bid and Ask Prices
Bid and ask prices are available on markets across the world. By using this price system traders are able to execute trades immediately, so long as there are enough bid prices to match ask prices. The difference between bid and ask prices is called the spread. Gaining the spread on every trade is the goal when scalping in day trading. The ideal scalping trade would be instantaneous. Buy at the low price and sell at the high. Getting in and out in an instant would seem to be the ideal situation if dealing with absolutely static bid and ask prices. However, the market is never static so traders must look to market direction even when scalping in day trading. A successful scalper also engages in trend following in day trading.
Think of the Spread as a Bonus
Scalping in day trading takes advantage of market movement as well as the bid to ask spread. While trend traders use technical analysis to read market sentiment they attempt to ride out a trade to gain the maximum profit.
Top 8 Forex Trading Strategies That Pro Traders UseSyrous Pejman
In this slideshow find the best Forex trading strategies including chart patterns, price rejection, correlation trading, volume-price analysis, long term daily and weekly trading, news and sentiment trading strategies. Besides, you will learn the best money and risk management methods and also the best advice by the experts to control your psychology during your trades.
Auto Trendline Trader is a Forex Automatic Trading Robot which works in Metatrader 4 Platform. Also a Trend line EA that works well for trendline trading.
This document provides an overview of Wade's FX setups for analyzing the forex market. It discusses key concepts like market structure, order blocks, liquidity, and accumulation/manipulation/distribution patterns. Specific setups are described that combine these factors, like looking for a break of market structure followed by a retracement to enter trades. Sessions like London and New York are examined for their impact on daily ranges. The goal is to understand how banks manipulate prices and identify high probability trade opportunities.
Trading plan is very important for you to be successful in forex trading.forex trading plan in pdf file. In this ebook will be cover on your plan to be successful forex trader, your trading goal, money management,your strategy and how you going to do your trading.
this is breakout trading strategy to use. if you understand how the breakout works.you can gain up to 100pips 200pips.
.
if you understand market trending and break out. you can make money with forex.
.
Belajar teknik forex untuk timeframe 30 minit yang menarik ini,moga anda berjaya selalu didalam bidang forex ini.Kongsikan kejayaan forex anda di blog kami.
Stop Trading Support And Resistance The Wrong WayNetpicksTrading
Stop Trading Support And Resistance The Wrong Way
- See more at: http://www.netpicks.com/support-resistance/
Support and resistance trading is a popular technical analysis method of trading. The bad part is that many traders enter trades blindly at these levels without a firm understanding of what they mean.
Learn about trading support and resistance and see if your trading results improve.
- See more at: http://www.netpicks.com/support-resistance/
- Visit our website: http://www.netpicks.com/
- Download the free indicator blueprint: http://www.netpicks.com/blueprint/
- Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs
support, resistance, support and resistance trading, reversals, trend
Day trading techniques include scalping, fading, daily pivots, and momentum trading. Scalping aims to take quick profits by entering and exiting positions as soon as they become profitable. Fading shorts a stock when it moves up quickly, expecting a sell-off. Daily pivots look to benefit from volatility by buying low and selling high, exiting on signs of reversal. Momentum trades ride trends fueled by news or volume until signs of reversal like decreasing volume or bearish candles. Day traders use candlestick charts, level 2 quotes, and newsfeeds to identify entry points supported by patterns, volume spikes, and order book depth.
The document provides an overview of order block trading strategies and abbreviations used. It introduces the founders and their SH/SMS-BMS-RTO strategy for analyzing the forex market. A list of abbreviations is also defined, including order block (OB), previous day high (PDH), and shift in market structure (SMS) that are helpful for understanding their approach. Contact information is provided to find the founders on WhatsApp and Telegram.
Dear All,
It contains plenty of useful and valuable information about Forex. Please do not hesitate to contact me directly for more information.
Regards
Dr. Hamed Faghiri
This document provides an overview of supply and demand trading strategies. It begins with an introduction and disclaimer about the risks of trading. It then discusses key concepts like identifying trends on charts, drawing trendlines, and understanding retracements and reversals. The document focuses on explaining supply and demand zones, how to identify and draw them on charts, and how to develop a trading strategy around high probability supply and demand zones. It emphasizes the importance of risk management strategies like stop losses and position sizing. The goal is to provide readers with the fundamental tools and framework to execute a supply and demand trading approach.
The document introduces the RSI indicator strategy for trend reversals on timeframes of 5-15 minutes for currency pairs like EURUSD and GBPUSD. It explains that RSI shows when the price is overbought or oversold, signaling trend reversals back within its 30-70 trading range. It provides instructions on how to set up the RSI indicator on a 1-minute candle chart using a period of 5, and describes buying put options when RSI drops below 70 from overbought conditions or call options when RSI rises above 30 from oversold conditions.
“Forex Trading Strategies” is a complete guide of most popular and widely used strategies in Forex trade. You can read about day trading and its main types, understand the strategies based on market analysis, learn about portfolio and algorithmic trading, and many more. The book represents the ins and outs of each strategy - why and how it is used and how to get profit from trade. It is suitable for all traders who are novice in trade or want to improve their skills. All the strategies classified and explained here are for educational purposes and can be applied by each trader in a different way.
This document provides an overview of different chart patterns that traders can use, including triangles (ascending, descending, and symmetrical), head and shoulders patterns, and their inverses. It discusses how to identify these patterns on charts and how to trade when they are formed, including where to place stop losses and take profits. Key points covered include that the head and shoulders pattern is a reliable reversal indicator, triangles can signal continuations or reversals depending on the type, and symmetrical triangles can result in breakouts in either direction.
The document provides statistics on substance abuse and addiction rates in various countries. Iran has the highest rate of heroin addiction at 14.32% of the population, around 3.5 million people, which has risen sharply since the 1979 revolution. In the UK, alcohol is responsible for 34,000 deaths per year and costs employers £6.4 billion. France has high rates of prescription pill addiction, consuming 78 tranquilizers and antidepressants per 1,000 people. Russia has over 500,000 alcohol-related deaths annually and alcohol was found to be the cause of 52% of deaths among 15-54 year olds in Siberian towns. The US has high rates of prescription pill addiction, with up to 20% using for non
This document discusses chirality and enantiomers. It explains that chiral compounds contain a stereocenter, which is an atom connected to four different substituents, and thus exist as two non-superimposable mirror images called enantiomers. The document outlines methods for distinguishing between enantiomers using R/S notation at stereocenters, their different optical rotations when interacting with polarized light, and various diagrammatic representations including Newman projections and Fisher projections. It also discusses racemic mixtures, racemization, and resolution as a process to separate enantiomers from a racemic mixture.
Enantiomers are mirror images of each other that cannot be superimposed. They exist as two different forms with opposite optical rotation. The R/S system is used to name the enantiomers based on the chiral center. Chiral compounds have an asymmetric carbon atom connected to four different groups. Enantiomers interact differently with plane-polarized light, causing optical rotation that can be measured with a polarimeter. A racemic mixture contains equal amounts of both enantiomers, resulting in no net optical rotation. Resolution separates enantiomers from a racemic mixture.
2,3-dichloropentane exhibits stereoisomerism with chiral centers that produce optical activity. It can have enantiomers and diastereomers depending on the spatial arrangement of its atoms. Racemization is the process where an optically active compound is converted to a 50/50 mixture of both enantiomers. This can be achieved by removing a halide ion from the chiral carbon to form a carbocation intermediate. Resolution separates the enantiomers from a racemic mixture using various methods like mechanical separation, biological processes, chemical reactions, or chromatography.
Kind of dates back, but it seemed to have disappeared from my slideshare uploads...
These are the slides for the presentation I gave to the Geneva chapter of OWASP in February 2011, following my master's thesis.
Dromedary camels are native to Africa and Saudi Arabia. They are well-adapted to survive in hot, dry desert environments with little food or water. Dromedary camels have one hump to store fat, which can be broken down into water and energy when other resources are unavailable. Additional adaptations that help dromedary camels endure harsh desert conditions include closable nostrils, large padded feet, feeding behaviors like selective grazing and spreading out in herds, and the ability to consume plants inedible to other herbivores. Physically, dromedary camels can reach over 10 feet in length and 6-7 feet in shoulder height, weighing between 1320-2200 pounds.
Struggling with your demotivation phase? Here are 7 techniques that I use to confront my demotivation phase!
Of course, there is no guarantee that these will work for you - the key is to experiment and find out!
And if you do like what you see, don't forget to visit the original blog post and show your support: http://daringblogger.com/confront-demotivation/ :) Thanks!
7 Must Have Blog Contingency Plans For Your Blog!Jeevan John
Planning isn't essential, but it can certainly help to save time and effort.
This presentations takes a quick look at 7 scenarios - scenarios for which you must have a plan! (Do you?).
You can learn more by visiting: http://daringblogger.com/blog-contingency-plans :)
Note: Do forgive me for any mistakes ;) This is my first Slide share presentation!
Presentation Mission innovation Bpi à l'Enssib le 11/09/13Caroline Brousse
Présentation de la mission "Etude de faisabilité de la création d'une plateforme collaborative dédiée à l'innovation en lecture publique" réalisée en 2013
This document discusses fractal antennas. It defines fractals as irregular shapes that repeat themselves at different scales and are self-similar. Fractal antennas have a large effective length while keeping the total area small. They can be designed in various shapes and simulate well using software like IE3D and HFSS. The document describes the methodology of designing, simulating, fabricating and testing fractal antennas. It provides details of the design process and results of iterations. Fractal antennas have advantages like being frequency independent and smaller but also have disadvantages like gain loss and complexity. Their applications include compact integrated antennas for wireless devices.
The document provides an overview of the SAP HANA in-memory database architecture. It describes the main components including the in-memory computing engine, row and column stores, persistence layer, and surrounding applications and clients. The key elements are the in-memory computing engine which handles queries, a row store for transactional data, a column store for analytical processing, and a persistence layer that manages storing data to disk.
The document provides disclaimers and information about hypothetical and simulated trading performance. It warns that trading futures and options involves substantial risk of loss. It also contains copyright information for the book "Forex 1 Min Profit" and discusses scalping strategies in forex trading. Scalping involves holding positions for very short periods of time, such as 1-5 minutes, to profit from small price movements. Two specific 1-minute scalping systems using Bollinger Bands and pivot points on GBP/JPY and EUR/USD are described.
Scalping futures is a technique which can provide a steady revenue stream to talented traders. This course explains the basics of the techniques involved in short term trading of index futures and what is involved in becoming a successful day trader.
The document provides an overview of many hidden costs faced by individual, non-institutional forex traders that significantly reduce their chances of profitability. These include spread costs, slippage and requoting that result in extra pip losses, stop hunting where stops are targeted to trigger losses, price shading and suppression to limit opportunities, post-order price shifts against the trader, costs of funding and withdrawing from overseas accounts, and differences in interest rates charged or credited for carry trades. The author estimates that considering all these factors reduces the average trader's chance of success to only 17.5% rather than the 50% expected in a fair market.
The document provides advice for beginner Forex traders. It discusses that Forex trading involves speculation and risk, but risk can be minimized. It emphasizes the importance of understanding what you are doing, asking questions, and investigating trading systems before investing to avoid scams. The document stresses taking time to get education on Forex trading, setting up a demo account to practice first, having patience, and sticking with trading over the long run.
Understanding Forex Trading
Which Forex Currencies Should You Trade?
Multiple Forex Time Frames Is Best
3 Forex Pairs For Beginner Forex
Traders
Choosing a Forex Trading System
Forex Trading Hours
Forex Trading In Lots
Day trading can be challenging due to intraday market noise and the unreliability of short timeframes. Short-term charts are prone to fake breakouts and stop-hunting by brokers. Day traders also miss out on profits by cutting winners short and face risks from micro news and commentary. To improve results, traders should get education on day trading tools and strategies, practice extensively on a demo account, and use tight stops and position sizing to manage risk.
This document contains terms and conditions, a table of contents, and multiple chapters about Forex trading. It provides an introduction to Forex markets, discusses developing the right mindset for trading, how to trade on Forex including opening an account and starting trades, the importance of having realistic expectations and patience, and tips for avoiding emotional trading. The overall focus is on educating readers about the basics of Forex trading and developing successful strategies and habits.
This document contains terms and conditions for a guide on Forex trading. It states that while efforts have been made to verify the accuracy of the content, the publisher assumes no responsibility for errors. It also notes that the guide is not intended as a source of legal, business, or financial advice. Readers should seek professional advice regarding their individual circumstances. The document then provides a table of contents that outlines the chapters in the guide, which will discuss topics like the mindset needed for trading, how to trade on Forex markets, managing emotions, and the traits of a successful Forex trader.
This document contains terms and conditions for a guide on Forex trading. It states that while efforts have been made to verify the accuracy of the content, the publisher assumes no responsibility for errors. It also cautions readers that income is not guaranteed and to rely on their own judgment. The document encourages printing it for easy reading and contains a table of contents that lists chapters on topics like the mindset of trading, how to trade on Forex markets, managing emotions, and the traits of a successful Forex trader.
The document provides an overview of forex trading, including:
1) It explains what forex trading is, which is trading currencies on the foreign exchange market. The forex market is the largest financial market in the world.
2) It recommends currencies for beginners to trade, including major currency pairs like EUR/USD, USD/JPY, and GBP/USD which have low spreads and liquidity.
3) It discusses various aspects of forex trading like using multiple time frames, choosing a forex trading system, managing risk, and understanding concepts like trading in lots and pip value.
4) It provides tips for forex traders such as focusing on major currency pairs as a
Create the mindset your need Trade like a Pro. Inside this book you will discover the topics about the mindset and trading, how to trade on the forex, have realistic expectation, understand the power of patience, be organized in your approach to the markets, why emotional management is critical to trading success, over complicating forex trading can easily induce emotional trading, how price action trading will cure emotional trading problems and the winning traits of a forex trader.
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- The document discusses the importance of patience in Forex trading. It states that many traders incur losses due to a lack of patience by not allowing trades to play out and by overtrading.
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The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
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trader should posses. These aspects of Forex trading will be discussed
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Get all the info you need here.
The document discusses three main problems faced by forex traders and provides solutions to help traders earn $1 million in one year. The three main problems are: 1) brokers are interested in traders losing money on small accounts, 2) trading with high risk is needed to earn money quickly on small deposits, and 3) market strategies stop working as markets change. It recommends finding a stable strategy, trading with low risk of 2-3% of the deposit, attracting investors over time, and using a professional trade copier to manage multiple accounts without delays. An appendix discusses a forex robot strategy that has been stable since 2009 and an example of calculating potential profits over 3 years using its past performance.
The aim of this book is to give readers a brief overview on Forex
markets from the means through which traders can develop the
proper mindset when trading, how to trade on the Forex market, why
emotional management is critical to successfully trading on the Forex
market, to discussing some of the favorable qualities a good Forex
trader should posses. These aspects of Forex trading will be discussed in depth in the other chapters that follow but for now, we tackle the basics pertaining to Forex trading as a money making entity.
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Forex scalping
1. Did you know that:
You can make fast profit from the market within one or two hours of trading?
No need to stay the whole of the day and wait the trend to reverse its direction!
If you have a scalper trading profile, or you want to be a scalper then this article is for
you.
The scalping strategy is especially for traders that want to snatch a quick profit from
the market.
What is scalping in Forex?
The scalping is an aggressive strategy, its goal is to achieve a high
frequency trading on small time frames.
A position's opening duration can range from several seconds to several minutes.
Scalping means in Forex trading to target small and quick profits by opening several
positions per a day.
Scalping the market is risky and you must pay attention to multiple variations.
As your target profit range from 10 pips to 30 pips per a position you need, for
example to enter the low spread pair of currency to protect yourself from losing.
Scalping the market is good for traders that have small accounts without enough
capital to invest in the long run.
The objective of day traders is to make around 20 to 100 pips per a single trade by
entering the medium time frames (5 minutes - 30 minutes - Daily...)
As a consequence day traders are not influenced much by spread Vicissitudes
Paying attention to the spread's price is inevitable for you (if you are a scalper), as
spreads can affect your profits.
Scalpers use technical analysis to trade currencies by entering the market according
to several indicators combination (Moving averages - bollinger bands - Momentum -
Volume...)
2. They use also the fundamental analysis to trade the Forex market by targeting news
release times.
For me fundamental analysis is a waste of time for scalpers, but they just need to use
it to monitor their trades.
Because if market makers know the influence of an important news... Simply they will
raise the spread price, sometimes it can be more than 150 pips!
You must avoid scalping the market using the fundamental analysis!
Is Forex scalping for you?
You are the only person you can answer this question.
You must develop your own trading style according to your goals.
Deciding what style you will be is very important for you as this could help you to:
Define the specific pairs and crosses you want to trade.
Choose between different trading opportunities.
Limit losses and enhance profits.
But they still some reasons that could obligate you to choose a scalper trading profile.
Scalping is for you if:
You have not enough time to track currency charts every time.
By the nature you have a nervous trading psychology so you need to make
quick profits.
You want to enter and exit the market quickly.
You are a new trader and you do not have enough experience to trade the long
term.
You are afraid to take significant Forex trading risks.
You have a small capital to invest.
You like to trade small time frames (one or five minute chart).
You can concentrate during trading sessions.
You have the speed to react easily to different market contingencies.
Advantages and Disadvantages of Forex scalping:
3. There are multiple pros and cons of scalping strategies as I said above, you need to
choose your strategy to match your trading style.
Advantages:
Fast profit from the market.
Small losses (Scalpers risk no more than three to ten pips).
Simple trading strategies, you do not need a lot of technical skills.
Disadvantages:
The first disadvantage of scalping is that you need to choose a credible broker to trade
using the scalping strategy.
Because many brokers dislike scalpers so they react by enhancing their commission
(Spread).
To fix this problem, before you choose a broker, ask if they allow scalping.
... And search for trader's testimonials with scalping using the broker you want to
trade with.
What currencies to trade using scalping?
There are multiple currency pairs in the market, what you need is to trade the most
popular currencies to avoid liquidity problems.
You must choose currencies that match your Forex trading style.
For you as a scalper, you should trade USD major currencies.
What I mean is:
That you must trade USD currency pairs.
Here is a list of the most liquid and popular currency pairs from the largest liquid
currencies to the lowest:
1. EUR / USD
2. USD / JPY
3. GBP / USD
4. 4. AUD / USD
5. USD / CHF
The EUR / USD pair is the most popular currency traded as it offers a high liquidity
for all traders profiles.
According to the richest.com USD currency takes up to 84,9% of all Forex
transactions.
EUR takes up to 39,1%
You like to get a good profit from the market using scalping strategies?
Trade EUR / USD and avoid pairs not including the USD until you trade using a real
Forex account for several months.
Avoid the cross rates like:
EUR / GBP
AUD / JPY
GBP / CHF
Risk management for scalpers
Even if you lose 50% of your trades you still can make money from the Forex market.
5. It's the magic power of risk management.
There are 10 rules to manage your risk that I have published previously in my guide
(You can check it here)
Here is a summarize of what I'm talking about:
1. Avoid trading large lots.
2. Do not take big risks.
3. Do not enter a trade if you still in doubt about the results.
4. Do not trade a lot, over trading could hurt you, one-three positions per a day
are enough.
5. Always place a stop loss, trading without it is a 100% losing attempt.
6. Risk a specific percentage of your account value (1-2% are enough).
7. Tighten your stops to limit risk.
8. You should know that it isn't important to have a high win/loss ratio what
matters is how much you make when you are right and how much you make
when you are wrong.
9. Close the position when your trading system displays that you must close, it
don't be greedy.
10. Do not trade multiple currency pairs that share a currency in common (like
buying EUR/USD and selling GBP/EUR, you have just bought the euro
currency two times).
For more insights about Forex risk management visit the link above.
Concentration and emotions in scalping
The most traders that need concentration more than other traders (guerrillas - Day
traders - position traders...) are scalpers.
Because the profit per a single trade is very low (5 to 30 as maximum) scalpers need
as a consequence to open several positions to make a significant profit from the
market.
The simple way to get much more focus during your trading is by using risk
management rules, this will help you to enhance your concentration by controlling
losses.
Greed and fear have also a huge impact on your trading results.
6. If you want to be a real Forex scalper then you need to try every time to use logic and
your trading system.
I have published an article about 3 steps to beat emotions this could help you to clear
your mind from the famous enemies of all of the traders (Greed and Fear).
The best "times" and "time frames" to trade Forex as a scalper
If you enter at the Forex market time zone converter website you will see the
following image:
The best times to trade is when two Forex markets overlap.
This gives you the volatility you need as you are a scalper (the shorter term you decide
to trade, the more volatile markets you should seek).
Like you see in the image instead of trading the pair currency of EUR / USD.
It will be more profitable to trade AUD [Sydney] / JPY [Tokyo] (Australian
dollar/Japanese Yen).
7. Otherwise, the best time frame to use the Forex scalping strategies is the 5 minutes
time frame (the higher time frame you trade the more your strategy will make
significant results).
How to choose the broker for Forex scalping?
There are dozens of different brokers.
Some are favored for beginner traders, others are favored for intermediate traders,
and some are reserved for expert traders.
That's why choosing the right broker is essential to start properly in the world of
Forex trading.
8. There are two types of brokers:
The NO dealing desk: that is an intermediate between the trader (you) and
banks that want to invest your money in the Forex market. I
recommend these brokers for technical analysis users.
The dealing desk who works directly with the market, more suited to traders
that use fundamental analysis.
As I said above, there are a lot of brokers around the world of Forex trading.
Each broker has its own technical aptitude, and requirements that a trader must have
to trade with that broker.
Those requirements are not significant for long run traders (Position traders - Day
traders...).
But for scalpers these conditions are meaningful... As they are the distance between
gains and losses.
The first thing as a scalper that you should verify to choose a broker is:
How much spread you are going to pay?
For day or position traders, this is not important because they open one or two
positions per a day.
The spread cost for long run trading style still neglected.
It's different for a scalper, you need to choose a broker that provides low spreads!
Because you still need to open tons of positions in a short time to make a good reward
from the market.
The second thing a scalper should search about to choose a broker is the scalping
policy of that broker.
Respected brokers with large client bases have their own scalping policy where they
describe scalpers action limits...
Some brokers by nature, they do not allow traders to use scalping.
9. The third issue scalpers must pay attention to it is the tools provided by the broker.
You should choose a broker that provides all of the tools you need to scalp the market
(it depends on your scalping strategy).
For example, if you are a scalper, you need a broker that affords a platform that do
not tire your eyes as you need to focus your eyes for a long time on the charts.
You need also a platform that provides multiple time frames (1 minute - 5 minute - 10
minute...)
The last issue to look about if you are a scalper is to verify the execution time the
broker need to execute your trading decisions.
What I mean is simply:
Look for brokers that execute your decisions instantly without slippage.
Simple & Best Forex Scalping Strategies
Here we came to the most essential part of the topic.
I find everybody asking this question:
How to scalp Forex?
It's simple and easy to scalp the market, you need just some scalping techniques.
We will discuss some of them now!
But remember that you need to develop your own system & style.
The Forex scalping system that matches your psychology requirements.
Here is what we are going to use to scalp the market:
Bollinger bands indicator.
Moving averages.
Momentum indicator.
Swing highs and lows.
10. Fibonacci levels.
5 minute time frame.
4 Hours time frame to confirm our decision.
[The setting setups will not take more than 10 minutes]
Step #1
Set the bollinger bands indicator on your platform, if you use the meta trader
platform here is how to set it:
[If you have not found the navigator on your platform just set Ctrl+N on your
keyboard]
PS: I just try to make my article newbies friendly Skip these steps if you are an
advanced trader.
It looks something like that:
11. Step #2
Now...
Set the moving averages we need to use.
We are going to use:
200 Moving averages that will give us the major direction of the trend.
50 Moving averages that will help us to confirm the 200 Moving averages.
3 and 7 moving averages that will help us to enter and exit the market.
If you do not know how to set the Moving averages indicator, here is how to set it:
1. Select "trend" from the navigator section.
2. Select the Moving average.
3. Set the periods (200 - 50 - 3 - 7) we need.
12. 4. Choose the colors.
5. Click "OK"
It looks something like this:
Yellow line: 7 Moving averages.
Blue line: 3 Moving averages.
Pink line: 200 Moving averages.
Green line: 50 Moving averages.
Step #3
Now set the momentum indicator, this indicator will going to help you to define
overbought and oversold points.
From your navigator select the momentum indicator:
13. It looks like the following image:
Step #4
Now You should find swings.
This step is very easy to do as the Zigzag indicator will do that instead of you.
From your navigator select the zigzag indicator:
14. Swings will be clear after you set the indicator in your platform.
Swings will help you to set the Fibonacci retracement easily.
Step #5
This step is very easy to do.
15. Just you need to set the Fibonacci retracement on your platform.
We are going to use the Fibonacci levels to define our target profit.
Here is how to do it in the meta trader platform:
Then click and drag from the lowest price
to the highest one (use the zigzag indicator to define them easily) if you are in a down
trend.
Or click and drag from the highest price to the lowest one (use the zigzag indicator to
define them easily) if you are in an up trend.
Just like you see in the image below:
Step #6
16. Because we want to scalp the market so you need to switch to the 5 or 15 minutes time
frame.
PS: I do not recommend to scalp using 1 minute time frame.
Because if the market is very volatile it can destroy your dreams easily.
Also the 1 minute time frame do not give you enough time to do the technical analysis
like it should be done.
Step #7
Now you should look at the 4 hours time frame and write on a piece of paper the
trend line you have just discovered.
This will going to help you to not enter against the major trend line, to make 80% of
your decisions guaranteed.
For me, I have defined the major trend of the EUR / USD.
And I find that the trend has changed its direction from an uptrend to a down trend.
As you look at the image above the trend line is tested for three times, the price fail
three times to break the trend...
17. This trend is very strong.
Now the trend is broken by the price, we expect a huge fall of the price.
In this case you should search for short positions.
It will be an unforgiving mistake to enter against the new trend (Downward trend).
Write it on a piece of paper:
I have to search for short positions!
Step #8
Now
Come back to the 5 minutes time frame.
We are going to search for short positions.
Here are the rules:
First thing before I show you how to enter, monitor and exit the market:
Do not forget the risk management rules, do not risk more than 1-2% of your account
value.
Sell entry conditions: (Look at the image below)
[Make sure you enter the trade in the direction of the major trend]
18. Here are the 5 conditions to sell:
The 50 Moving average is down [Green line].
The 200 Moving average is above the price [Pink line].
The 3 Moving average[Blue line] crosses the 7 Moving average [Yellow line]
from the top to bottom.
The momentum is in the overbought area [above the red line].
A bearish candle is closed below the first, second or the third deviation of the
bollinger band indicator [the three Medium Sea Green lines].
Buy entry conditions:
In the case you find the major trend is an uptrend...
Here are the 5 conditions to buy:
The 50 Moving average is up [Green line].
The 200 Moving average is below the price [Pink line].
The 3 Moving average [Blue line] crosses the 7 Moving average [Yellow line]
from the bottom to the top.
The momentum is in the oversold area [under the red line].
A bullish candle is closed above the first, second or the third deviation of the
bollinger band indicator [the three Medium Sea Green lines].
Monitoring the trade:
Now:
19. You have the tools to enter the market.
You just need to know how to monitor your position.
Monitoring a trade involves two steps:
1. Make sure to check if there is any unexpected news that might necessitate
bailing out of your trade.
You can do that simply by checking websites that provide currency news...
Here is how I do it:
I use Forex factory Calendar that allows me to know if there is any unexpected news
that could influence my trades.
Here are 5 steps to get the website ready to use:
Step #1: Enter to the Forex factory website: www.forexfactory.com
Step #2: Select "Calendar" in the top.
Step #3: check the time if it is correct or not.
If it is not correct just click on the time icon:
20. Now adjust the time by selecting "Match automatically" then click "save settings:
Step #4: Check the filter options.
Select the currencies you want to know news about.
Check all the "expected impact" boxes.
Check all the "event types" boxes.
21. White color: Non-economic news like bank holidays (the Forex market may
stop working temporarily because of the holidays)
Yellow color: Low impact news.
Orange color: Medium impact on the price movement.
Red color: the news may have a huge impact on the price movements.
Step #5: Select the period of time you want to know news about.
I recommend to select the day you are in.
Now...
22. Let's suppose that you want to know the news that could impact the Canadian dollar
currency (CAD).
Click the detail icon to know more about the news:
It will look something like that:
23. Source: the source of the news in this case the source is Richard Ivey School of
Business.
Usual effect: it's very important to know how to use this information, usual
effect shows you how much the news will impact the currency.
Like you see in the image above it shows that if the actual > Forecast then this news
will affect positively the currency.
Like you see in the image above:
Actual = 58.0
24. Forecast = 53,5
The Actual is bigger than the forecast...
This currency will be affected by this news positively.
Remember:
Yellow color: Low impact.
Orange color: Medium impact.
Red color: huge impact.
Here is an example of a currency that is affected negatively by the Non-Farm
Employment Change news release:
2. The second thing to do is to tighten your stop losses.
This is very simple.
If the trade goes in your favor, Move your stop loss.
This will help you to:
Guarantee your trades.
Maximize the profit from the trade.
Limit the risk of losing.
Exit the trade:
25. There are a lot of reasons that can push you to exit a trade.
Here are 5 reasons in my opinion that could obligate you to close a trade:
According to your system you concluded that you have to close the position.
For more than 3 days the position displays a loss.
You confront technical issues in your laptop or in your trading platform.
You have emotional problems (greed and fear).
Bad news are coming about the pair of the currency you trade.
In my scalping strategy I exit the trade using a simple Moving averages technique:
If you open a long position...
Once the 3 moving average begins to cross the 7 moving average from the top to the
bottom, close the position:
On the other side, If you open a short position
Once the 3 moving average begins to cross the 7 moving average from the bottom to
the top, close the position:
26. PS: Make sure to confirm your decisions using the momentum indicator because
sometimes it could be a fake cross.
I exit the market also using the Fibonacci retracement.
If you go long in a position you just need to wait until the price approach the 61,8%
Fibonacci resistance line
Then exit the trade (like you see in the image below)
If the 61,8% Fibonacci line has been breached by the price
Open a new buy position and target the 127% Fibonacci line (like you see in the
picture above the price breached the 61,8% level, then the price continue its direction
27. to the 127% Fibonacci level, it's a kind of a big deal almost 80 pips as an additional
gain).
If it was not the case, just close the position and collect your profit!
Otherwise, if you go short (Sell position) you need to wait until the price approach the
61,8% Fibonacci support line.
Then get out of the market!
If the 61,8% Fibonacci support line has been breached by the price, target the 127%
Fibonacci level.
[Make sure you enter the market in the direction of the major trend]
Conclusion
The Forex scalping is a strategy that needs to focus the whole of the
day Monitoring the market changes.
It's not easy at all to scalp the market because your target profit range from 5 to 30
pips
You are obligated to pay attention to several variables (like currency spreads).
This strategy you just discovered, builds significant results if you use it the right way.
28. What I recommend is to train yourself for enough time using a demo account before
you use it in a real account.
And now tell me
Do you use the Forex scalping?
Do you use any special strategy to scalp the Forex market?
If you have any question, ask!
Article Source:
http://investoune.com/forex-scalping/
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