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Scalping on indicators is gambling.
Why? The indicators are calculating prices based on decision over 100,000 traders over the world,
and more as half of million trades every minute. Real price is fare away.
You can not scalp on "deja vue".
Bongo,
Just curious, how do you scalp without the indicators?Thanks.
OK, sometimes I scalp on a naked chart or even a tick chart for a couple of pips and can say it is possible and can be profitable. But it needs at least two conditions: a certain stage of market when the movements allow it and a good broker where the order execution is lightning fast without slippage.
Whether we can use Fibonacci lines, S&R lines or pivots or any other indicators for scalping depends on how we define scalping...
OK, sometimes I scalp on a naked chart or even a tick chart for a couple of pips and can say it is possible and can be profitable. But it needs at least two conditions: a certain stage of market when the movements allow it and a good broker where the order execution is lightning fast without slippage.
Whether we can use Fibonacci lines, S&R lines or pivots or any other indicators for scalping depends on how we define scalping...
...how we define scalping...
Scalping is scalping. Indian in North America need a few seconds to take your scalp.
Scalping is: stay on the market less as ONE minute.
In this forum I saw one thread: daily scalping. Imagine if an Indian will take your scalp for 24 hours.
I thing: he had very old and rusty knife or he didn't have an experience.
I will call this thread: Daily torture.
Maybe this guy ,who started this thread ,want to sai:
Scalping on daily charts.
LOL
If you're looking for good scalping system ,visit forexfactory and look for TRENDMAN SCALPING SYSTEM,it's the best, the guy makes his living from forex and I do follow his daily tips, really nice and make good pips,also he has his own website and soon will be live.
Very quick tip for all of you.
Thanks
If you're looking for good scalping system ,visit forexfactory and look for TRENDMAN SCALPING SYSTEM,it's the best, the guy makes his living from forex and I do follow his daily tips, really nice and make good pips,also he has his own website and soon will be live.
Very quick tip for all of you.
Thanks
I don't have a scalping system. Mine scalper is working
on price movement-buy/sell, sell..buy, etc.
No indicators, no blablabla..
see picture.
Bongo
Linear Mode
