System forex trading care scalping


The system can be easily deployed by newbies and advanced traders alike. The strategy combines two simple to use trading indictors in delivering accurate signals. Many traders argue that since scalpers maintain their positions for a brief time period in comparison to regular traders, market exposure of a scalper is much shorter than that of a trend follower, or even a day trader, and consequently, the risk of large losses resulting from strong market moves is smaller.

Indeed, it is possible to claim that the typical scalper cares only about the bid-ask spread, while concepts like trend, or range are not very significant to him. The syetem time frame is 5 minutes. The systems is a combination of candlestick patterns, which offers reversal signals, and the Relative Strength Index (RSI), which announces market exhaustion in overbought and oversold signals.The candlestick pattern preferred for this scalping strategy is the Shooting Star.

It announces a reversal of the systtem from the bulls to the bears.




Forex trading scalping system care

Forex trading scalping system care