My SIMPLE and PROFITABLE Forex Scalping Strategy EXPLAINED
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In today’s video, I will explain my SIMPLE and PROFITABLE forex scalping strategy that I’ve been using for quite some time!
We will take a look at backtesting as well as taking it to the LIVE charts all of that while busting the myth that forex trading has to be complicated! Sit back, take notes and ENJOY!
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***The Brokers I Recommend & Trade With***
**IC Markets is one of the world’s largest forex brokers and offers True ECN account. The maximum allowed leverage is 500:1 and the minimum deposit is $200
Link: https://www.icmarkets.com/?camp=1619
**Blueberry Markets is currently the best-rated broker in Australia (on Forex Peace Army and Trustpilot) and offers competitive spreads, leverage of 500:1 and a minimum deposit of $100
Link: https://forexsignals.com/bbm
Scalping Signals, My SIMPLE and PROFITABLE Forex Scalping Strategy EXPLAINED.
Do Forex scalpers earn money?
Forex trading scalping requires extensive efforts but little trading resources. Gaining capacity is as long as $300 per selected trading day, in a tiny account.
What Currencies Sell Forex?
Although some retail suppliers trade exotic currencies such as the Thai baht or the Czech koruna, the majority of suppliers trade the 7 most liquid money sets in the world, which are the four “majors”:.
- EUR/USD (euro/dollar)
- USD/JPY (dollar/Japanese yen)
- GBP/USD (British pound/dollar)
- USD/CHF (dollar/Swiss franc)
and the 3 product sets:.
- AUD/USD (Australian dollar/dollar)
- USD/CAD (dollar/Canadian buck)
- NZD/USD (New Zealand dollar/dollar)
These money sets in addition to their numerous combinations (such as EUR/JPY, GBP/JPY, and EUR/GBP) make up more than 95% of all speculative trading in FX. Provided the small number of trading tools just 18 sets and crosses are actively traded the FX market is far more focused than the stock exchange.
Final Words:
Scalpers can no more count on real-time market deepness analysis to obtain the deal signals they require to publication several little profits in a regular trading day. The good news is, they can adjust to the modern-day digital setting and use the technological signs examined over that are custom-tuned to extremely small time frameworks.
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