Forex scalping is a day trading technique where Forex trader executes a trade and exit within minutes or seconds on some cases.
So essentially, when you a forex scalp trader, you are not looking for big profit targets, you are looking for very small profit targets per trade like 5 pips, 1o pips or even 15 pips. And you are trying to take many trades throughout the trading session with these small profit targets.
So what is the point of Forex scalping then?
Well, here’ the thing: the goal of the FX scalper is to make many trades throughout the trading session and hope that in the end, all those small profits will add up and exceed the trading losses incurred (and take care of spread costs for trading).
Many Forex trader do not like Forex scalping because they see no point in going for very small profits and being involved with this kind of high pressure trading environment.
If you are interested, check and download our best free forex scalping strategies for metatrader 4 and metatrader 5 platforms!
Forex Neptune Advanced Scalping Strategy Forex Neptune Advanced Scalping Strategy: Currency Pairs: Major. Time Frame.: 1m, 5m, 15m, 30m Indicators: 1.Ema 4 period color black; 2.Bollinger bands 14 ema period color red; 3. Awesome indicators; 4. Momentum indicator period 14. 5.StochasticRSI (14, 16). Enter long position: when the fast black 4 EMA has crossed up through the middle Bollinger Band, 14 EMA (red). At the … Read more
Forex Neptune Scalping Strategy Forex Neptune Scalping Strategy: This technique is for those who want the most simple method that is almost fool-proof. It must be done only during the busiest trading hours, 3 am to 11 am EST. This method doesn’t work in sideways markets, only in volatile trending markets. If your plattafom does … Read more
Forex EMA Predictive Scalping Strategy Forex EMA Predictive Scalping Strategy: Time frame:1M. Currency Pairs: Majors Spread max:0,00025. Is best to scalp trade at the London Open (3:00 AM EST) or the New York open (8:00 AM EST) because that is generally when the currency pairs will start to move more in one direction. Indicators: 1 Ema (exponential … Read more
Forex Double CCI RSIOMA Scalping Strategy Forex Double CCI RSIOMA Scalping Strategy: RSIOMA is advanced version of RSI. Pairs:EUR/USD, Aud/USD, GBP/USD. Time frame:1M and 5M. Indicators: 2MA crossover(default); Heiken Ashi smoothed; Rsioma (default); DoubleCCIWoody (default); Spudfib. Long Entry: Signal Buy 2MA crossover; DoubleCCIWoody is green; RSIOMA>65. Sell Entry: Signal Buy 2MAcrossover; DoubleCCIWoody is red; RSIOMA<35. 1M TF Exit: Target Price: 10 pips or Fibonacci level; Stop loss: 10 pips … Read more