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.
As a professional trader spending hours on hours per week looking at charts, you start to develop a technical vision which unconsciously lets you see cardinal points in the market, overlooked by the untrained eye.For several years, I have been following a certain pattern forex junkee reno the market which produces over 80% winning trades every time I apply it. It seems like most people trade on the 1-hour or day timeframe, but what do you guys thinking about scalping.
It would seem like many traders maybe ignore smaller periodicities as they are too volatile to consistently trade on. 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. Scalping strategy forex 80% scalping strategy is especially for traders that want to snatch a quick profit from the market. The scalping is an aggressive strategy, its goal is to achieve a high frequency trading on small time frames.
Scalping means in Forex trading to target small and quick profits by opening several positions per a day. Scalping the market is r isky and you must pay attention to multiple variations. As your target profit range from 10 pips to 30 pips per scalping strategy forex 80% position you need, for example to enter the low spread pair of currency to protect you.