Scalping strategy
hello everyone, hope you have better weather than in Switzerland. Here it's raining for a whole week now. :-(
I heard a lot about scalping. A lot of people say that they do scalping, but I didn't know exactly what this means. After I googled it it's a bit more clear. (Now I understand that scalping means, that someone trades on small timeframes like 1m, 5m or even tick-chart and the average holding time of positions is very short) The question I have is the following: Which strategy do you use to enter the market and when do you close positions? Until now I found a strategy based on 5 Moving averages and one using the bollinger bands and the stochastic oscillator, but I'm not sure if I can trust them. What strategy do you use? It would be very helpfull for me if you could tell how do you scalp. I also want to mention that now I'm not interessted in an Expert advisor. First I want to trade manually and decide then, if I want to develop an EA. Thank a lot
Hi carnesti,
There are few good articles about scalping so you may go here and read about.
hello everyone, hope you have better weather than in Switzerland. Here it's raining for a whole week now. :-(
I heard a lot about scalping. A lot of people say that they do scalping, but I didn't know exactly what this means. After I googled it it's a bit more clear. (Now I understand that scalping means, that someone trades on small timeframes like 1m, 5m or even tick-chart and the average holding time of positions is very short) The question I have is the following: Which strategy do you use to enter the market and when do you close positions? Until now I found a strategy based on 5 Moving averages and one using the bollinger bands and the stochastic oscillator, but I'm not sure if I can trust them. What strategy do you use? It would be very helpfull for me if you could tell how do you scalp. I also want to mention that now I'm not interessted in an Expert advisor. First I want to trade manually and decide then, if I want to develop an EA. Thank a lot