Forexman

Forex Scalping - is trading at small time intervals, whose aim is to obtain a small profit around 10-15 points. Typically, such a trade lasts about 10-15 minutes. The majority believes that this method is inherent in trading for beginners who want to quickly make a lot of money. This is true. But note that not all beginners can successfully trade through Forex scalping. Favorite intervals scalpers - 1-10 minute charts.

Forex scalping is divided into 3 categories of transactions:

1. The counter-trend trade. This kind of deals designed to profit from the game against the existing trend. This trend may be a day or longer. The calculation is simple: in the pauses between movements, there is a strong possibility of «catch» more points on the rollback of the price range.

2. Following a trend. This scalping Forex aims to play in the course of price movements. In the course of the day is determined by topping the trend, then at the time of its development open positions with the expectation continuation of a trend in this direction.

3. Impulsive shocks. This type of trade is based on an attempt to enter the market during the unexpected strong motions. The reason for such movements may be out important news or an intervention by one of the central banks. Also here can be attributed to capitalize on trade in the moments when the market makes a predictable regular jumps. For example, at 15:00 on New York.

Forex scalping methods:

1. Scalping on the 15-minute chart at the opening of the market. This is one of the most simple, but at the same time, effective ways to profit.
1.1. We look forward to when starting the FX market
1.2. We await, when it is formed 15-minute range
1.3. Open a long position when the market will make two ticks above the 15-minute maximum and a short position when the market will make two ticks below the 15-minute minimum.
1.4. Position closes on achieving profit in 1-2 points
1.5. If the position is open more than 1 minute, or if your loss is 1 point out of the market
1.6. If you have closed with a loss, then immediately assess the possibility of a breakthrough in the opposite direction. In such cases, you can double the size of the positions on the entrance to the market. Withdrawal shall be effected by a similar method.

2. Forex scalping a 10-minute candlelight
2.1, we need to analyze a combination of Japanese candlesticks. In particular, will need to find a bullish or bearish absorption

2.2 As a rule, a forex scalping works in the first hour after the market opening and during the last hour before closing
2.3 If you can see that the market is bullish on the merger, then open a position at the current price when the body of a bull (white) candle completely absorbed black body (bearish) candle, as shown above. Open short positions when the body of a black candle completely consumes the body of a white. This classic model of absorption.
2.4 Close the position when the reach the level of profit in 1 pip. If a transaction lasts longer than 30 seconds, or if your loss was 1 tick, then get out of the market.

3. Forex Ņęāëüïčíã 5-minute deviations
3.1 The bottom line is that we need to wait for a dramatic recovery, and then enter the market
3.2 Select 5-minute chart. Building a moving average with a period of 10
3.3 Building a band: one at the top, another at the bottom of the moving average. The distance from the moving average - 1 standard deviation.
3.4 When the trend is up, we will wait for the fall of prices that it has penetrated through the lower band. But there is a small feature - the band should be at this time is directed upwards
3.5 When the trend is downward, we expect an increase in prices that it penetrated through the upper band. At this time the band should be directed downward
3.6 fix profit, when profit has reached the size of 2 pips, or if the price comes into contact with another band
3.7 Commits losses when they reach 1 pip, or if after the entry has changed the slope of the bands

Here, in general, and all. Below I provide a few examples of how to conduct forex scalping. These techniques I use much less, but they have a right to exist.

1. In order for your chances to profit greatly increased, wait until the market went into a canal. At such moments it is under expectations. This may be the eve of important news.
2. Use the line of support and resistance. Of course, the short-term charts such as 5.10 minutes and there is no sense to carry out such construction. I think that a margin in this case is a 30 minute schedule.
3. Forget about the warrant. When you exercise scalping Forex, you simply will not have time to conduct market analysis and identification of a point set of orders. All work with scalping requires manual execution. There is no automatism
4. Above I mentioned that we must take 1-2 pips profit and record profits. Similarly, at a loss. Involuntarily, you may want to break these boundaries. But do not be so naive and do not fall into that trap. Determine for yourself the rate of profit and loss and steadily follow this tactic. Generally do not advise the bar to inflate profits and losses, as this greatly increases the risk. Remember that you are acting more erratically. You are trading at the market noise, which is not subject to the laws of logic.
5. You ever heard about the theory of round numbers? If not, I advise you to study, because Forex scalping would be much more productive if you focus on small details. The idea is that if, say, the price approaches the 0.7500 mark, it is very likely that the market for some time delayed near this level, and for some time will be near that mark. This theory is based on the assumption that traders place their orders at round numbers. Since orders can be both feet, and warrants for profit, the market getting in such opposition, some time is in a deadlock.

• The Japanese model of candles and turn trend. Part 1
• Trade method pips and scalping
• Methods and styles of trade
• How better to trade: a forecast or a fact?
• The strategy of trade on Bollinger Bands