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Use longer timeframes to learn, and once you get the hang of it, start scalping wtih EURUSD on a lower timeframe until you have built up a bigger account.

You can experiment with EUR/USD. These pairs have lower volatility and are suitable for beginners. The currencies in this currency pair are easy to predict and come from the nations with the biggest economies in the world.

If you are a beginner, the MT4 is a better choice because it has a simple trading feature that is user friendly and they provide more indicators.

Since I mostly scalp, I prefer the MT4 because it is suitable for forex trading and compared to other platforms, the MT4 is user friendly with real-time access to market prices and liquidity.

From my personal experience, I can say there is no best indicator since they all give the same analysis most of the time, and there is no 100% turnover in it.

I prefer trading manually because I'm a beginner, and trading manually can help me develop money management and risk management skills. And most traders avoid trading with robots because it requires a higher balance and does not completely provide consistent profits.

The days of the week would be from Tuesday to Thursday, and avoid trading pairs on Fridays since the market closes early and it's most likely to dead-on Fridays.

I currently trade with FP Markets from Hungary using their ecn account, and I can say they are reliable because they have good trading conditions with tighter spreads starting from as low as 0.0 pips.

Can emotions effect live trading and how can a beginner overcome the emotions when there is more loss than profit?

It totally depends on your trading experience on how many brokers you can handle simultaneously. If you are a beginner, stick with open because having too many open can make you lose focus on the trades with higher profits.

For scalping, I recommend trading with FP Markets. I've been trading using their Raw ecn account with high volatile pairs like EURUSD, but with FP Markets stable spreads and lower slippage, I can trade with ease.

I'm a scalper and I trade with an ASIC broker FP Markets. The spreads and slippage are lower with an execution speed that is faster than other brokers.

Anyone trading with the EURUSD currency pair know which is the best time to look for entries in the forex market other than NewYork and London time?

I agree as well that price action is one of the best strategies and many short term traders prefer price action because the formations and trends extrapolated from it to make trading decisions.

From my trading experience with many brokers, I consider FP Markets as a reliable broker because of its ASIC regulation and one of the oldest brokers to still be active over a decade. I've been scalping with them for six months, and the spreads have been consistent for most parts of my trades.

I've traded with several brokers in the past, and I feel FP Markets spreads are the lowest because it begins at 0 pip even during high volume periods in major currency pairs like EURUS, JPYUSD, GBPUSD, etc...

My personal opinion would be EURUSD because it is the most volatile pair so far, and the spreads are tight with high volume.

I prefer trading manual because I do not have to worry about low balance and most traders prefer trading Manual than EA.

From my trading experience, I vote FP Markets as a better broker for scalping since their spreads start from 0.0 pips in major currency pairs like EURUSD, GBPUSD, JPYUSD etc... I trade using their RAW account the slippage and commission cost offered is lower.

Anyone currently scalping with a strategy called RSI? Is it possible to gain profit by using that strategy?