Breakout traders should first find support & resistance Entries can be set as close as 1 pip above these values Support and resistance can also be used for managing a position Scalpers have a variety of choices when it comes to an execution strategy...
When markets pullback from the trend consider trading retracements Traders can time entries at support and resistance using oscillators...
Here is an example of trading with automatic trendlines indicator Lineverse. 2 consecutive 50-pip takes with low risk and high reward. * Effective December 1, 2014, the free version Lineverse Free works with any timeframe of GBPUSD...
When markets are flat, scalpers can trade ranges. Traders should identify support & resistance before considering entries...
Support and resistance levels are critical areas for scalpers to identify. Price action, pivots, and moving averages can all be used to find these values. Once identified, traders can then look to employ the strategy of their choosing...
Forex Scalpers should always identify market conditions before trading Factor in the spread to reduce transaction costs Consider liquidity when trading to maximize trading Scalpers are continuously faced with choices and tough decisions when trading Forex...
Forex Scalpers should always identify market conditions before trading Markets can be broken into three major environments. Trends, Ranges, and Breakouts Once identified, traders can select the appropriate strategy that fits present price action...
Traders should find the trend to form a trading bias CCI can be used to identify market entries Traders should manage risk in the event of a trend shift One of the hardest steps a trader must take before scalping their favorite Forex pair is creating a strategy...
