Is Intraday Trading Similar With Scalping Forex ?

scalping-forex-strategy-guide-tutorial Forex scalping is easy and safe way to trading forex as long using trend following trading concept from big time frame but it have a big risk in forex scalping strategy if using counter trend strategy to entry the forex market. Sometimes forex scalping is similar with intraday forex trading because pips get usually can catch from 5-25 pips even more. Some forex scalpers only using macd and stochastic as over sold or over bought market indicator to entry positions to the forex market, at the end money management still to be the one of very good strategy to minimize the risk even we use very accurate forex trading system ever.

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scalping_forex_brokersForex Scalping brokers is always have a big effect with this scalping forex strategy right?. I recommend using fbs forex, fxprimus, and another best forex brokers in the box at end of this article, you can open live forex account in one of those with 1:500 laverage and open mini account forex type as our trading account. There are many types of scalping forex strategy that published on the internet. Even sometimes we can confused how to choose which one best from forex scalping strategy. Some professional forex traders suggest that traders have to practice more about using this forex scalping strategy using high low price in the past. You can use accurate trend following forex trading strategy based bill williams or chaos forex strategy to read current major trend in big time frame and apply on 5 minute chart to get best forex signals as fast as possible. You can that system as scalping trading strategy, intra day forex strategy or even better use as our swing trading system to get consistent profit.

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So, the main point of this forex scalping strategy is only how to see see the ongoing trend in big time frame as our big trend. We can trade on 5 minute chart or 15 minutes time frame for easy way to start our practice this forex scalping strategy. The key is more indicators that we used as our variable analysis so it more accurate the forex signals that we’ll get. And lastly, combined this scalping with forex economic indicators, its a must.

And stay away from big economics news like non farm employment change or FOMC statement or interest rate statement in using this scalping strategy because if those forex economics news it will have a big impact to market volatile. Usually have a big move more than 100 pips, the best forex strategy is forex strategy that have a stop loss level in right place. That’s why we still need to see economic calendar from forex factory just only to see timing from economic news that have big impact to forex market. Take a look at my picture below , and test it trade with this system. Happy trades 😉

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This forex scalping strategy is very effective on asia or london session. More than 70% accurate. But remember we’ve to be wise to calculate lot management strategy right. Never forget risk is always equal with reward. Actually this forex scalping method is similar with supply demand strategy. Test trading on demo first before take action in to our real account, and we’ve to cut and switch if suddenly trend market changed. This is one of best method to trading forex to get minimum risk.

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Maybe if you’re looking for forex scalping indicator, you can use waddah-attar as your scalping forex indicator as seen as picture above.

 
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