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What indicators and charts should be used with which pairs when scalping?
about 1 year ago
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When scalping, I prefer the EURUSD and USDJPY pairs because of their relatively tighter spreads. That way, I can scalp 5-10 pips without losing most of those to the broker. Some traders prefer more volatile pairs, such as the GBPUSD, so that they can catch more pips at a time. I stay on the lookout for potential support/resistance levels on the shorter term time frames (5-minute, 15-minute) and I also take a look at the stochastics to predict possible reversals. Maybe practice with a few technical indicators on those short-term time frames to see what works best for you.
about 1 year ago
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Answers (1)
No offense, but that question is irrelevent! Thats like asking which tires should you drive a benze with. It doesnt matter. You have to use indicators to your advantage by making them profotable. Use them to see what you want to see.
about 1 year ago
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ForexEA
Here is article about basics of scalping in Forex http://pipburner.com/scalping-in-fo...
I suggest you to use multiple time frame technical analysis - http://pipburner.com/multiple-time-...
4 months ago
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