Scalping is not about buying and selling quickly and earning profit from price changes.but scalping requires concentration and must make a boundary line between top and bottom, so when we get out of that line we know that there will be a high trend and price movement.
It can be called sideways, it can be marked using a bollinger indicator. just live to buy below and sell above, no need to make it complicated.
yes indeed the bowerband indicator is quite simple but be careful with flase signals as long as you haven't mastered the BB correctly.
Bollinger bands are very well used for scalping but must always be able to predict and pay attention to compilations having wrong signals and must avoid them.
In my opinion, bolingerband is more suitable for the medium to upper term because it has to wait for confirmation from other indicators.
Right sir, it is theoretically like that and easy to use when scalping.different from other indicators which are rather complicated to see the signal.
yes scalping in a market sideways situation, we only need to limit the support and resistance side, and also use a small timeframe between 5-15M.
the timeframe must be small, right we can use 5 and 15 M it is very good.
not really, I often read scalping strategies using Time frame H1 even daily and it was only analyzed using 1 candle.
Scalping is a trading style with a relatively small target profit, usually only 5-10 pips and done quickly, even scalping can be done in many transactions. Traders who use the scalping style are called scalpers.
Scalper requires accuracy and high level of concentration to benefit from the fast moving forex market. So, Scalping strategies cannot be done during office hours or when traders cannot focus on the trading platform.
Scalping is a forex strategy where the trader tries to take a little profit continuously. A trader will enter and exit the market several times a day, trying to find profits among volatile market movements. more precisely daily trading seeking daily profits.
Scalping strategy users need high concentration, also require a good understanding of trading, equipped with analytical skills.
0 Members and 2 Guests are viewing this topic.