Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Scalping is an interesting strategy however if you are paying say 5 pips a spread its not worth it if you are looking for 15-20 pips then to get out. Risk/reward is not great. Scalping probably works best when price action is animic and moving sideways. Also, one big loss can wipe all the small gains, therefore having a pre determined exit strategy is the most important thing with this method.
Scalping is an interesting strategy however if you are paying say 5 pips a spread its not worth it if you are looking for 15-20 pips then to get out. Risk/reward is not great. Scalping probably works best when price action is animic and moving sideways. Also, one big loss can wipe all the small gains, therefore having a pre determined exit strategy is the most important thing with this method.
Not to be rude, or to put you down, but isn't the "exit strategy" once you have 2-5 pips... Rinse and Repeat?? Just want to clarify so that some n00b investors don't get confused, thinking there is a special way to exit trades when scalping.
... with the possible exception of Pipmaker by donforex IMO
Sure, you can't just start it up and forget about it 'cos a trending market market can kill it dead but it is the best implementation yet that I have seen of this type of robot.
Same goes for gridtrading. I have a version of Makegrid on forward test for over a year now. It has over $10,000 d/d atm but it has I estimate closed at the very least, twice that amount profitably during this time. As it is currently sitting dead-centre in the middle of an 800 pip grid it will likely continue to rake in pips at a nice rate. Just checked, it made $287 dollars yesyerday alone!
Of course the problem with grids is that you need a fairly large account size to begin with and then there's the psychological impact of all that d/d...
Linear Mode
