Best scalping strategy for forex trading

[Dhruvyas]

Scalping can be very profitable for traders who decide to use it as a primary strategy, or even those who use it to supplement other types of trading. Adhering to the strict exit strategy is the key to making small profits compound into large gains.

 

[Alexhunter]

I've been using the pin bar strategy but looking for other reliable strategies suitable for beginners; any recommendations?

 

[Alex@nder]

I'm currently looking for a new scalping strategy other than the Trendline breakouts and pullbacks. Any recommendations?

 

[ghcardenas]

Has anyone used order flow to scalp in futures??? I think its very interesting to analyze in futures and trade in the spot market.

 

[Kirankrithika]

Trade using a suitable and reliable strategy, it is possible even to make consistent profits in forex. Since I'm still at a beginner level, the only strategy I use is the pin bar.

Can I have recommendations on any other good strategy with either a video tutorial or a clear explanation on how to use it?

 

[Caterpillar007]

Yes, I see a lot of Traders analyzing futures, then trade spot market

 

[Daantje Pieters]

If you want to trade Forex, you have to have the right strategy. Profits cannot be made if the strategy is not properly implemented. I do scalping with market context, level, and price action.

 

[AayushiShah]

Leveraged trading is used in the best forex scalping strategies. Leverage in forex is a strategy that allows traders to borrow capital from a broker in order to gain more exposure to the forex market while only depositing a small percentage of the total asset value.

 

[mlawson71]

How much leverage do you think is appropriate to scalp?

 

[AayushiShah]

As per my opinion, those who choose to scalp frequently use extreme leverage, typically between 1:1000 and 1:3000, opening low spread trades on pairs and setting small pip targets to compensate for the high exposure level.

 

[Sherverty]

Forex scalping requires a lot to be right. If you cannot get them all, you cannot be completely sure that your strategy will work.
Scalping is perhaps the most demanding of all forex trading strategies. Without the essentials, it's like skiing without skiing equipment; it takes a lot to be fully equipped and ready.

 

[skrimon]

Best scalping strategies
- Stochastic oscillator strategy.
- Moving average strategy.
- Parabolic SAR indicator strategy.
- RSI strategy.

 

[Aventail]

I use maximum 1:500 leverage. I scalp forex currencies pairs with low spreads and aim at small targets in terms of pips which compensate for the high risk exposure using strict stop loss.

 

[TerenceDavi]

Forex traders who scalp should have a good understanding about the forex market and should be decisive in nature.

 

[mlawson71]

Even that much is too much for me. I have never used more than 1:200 leverage, and I've been quite careful about it.

 

[RANINRAI]

which is better scalping manually or using robot? any recommended scalping robot.. with TP and SL?

 

[RANINRAI]

Even that much is too much for me. I have never used more than 1:200 leverage, and I've been quite careful about it.

slow and steady... i rush a lot when trading and loose my money.,.. i loose my money most of the time when trading with robots..

 

[Gilbert.Jer]

Looking for a good scalping strategy broker for the JPYUSD currency pair with lower risk and loss value? Any suggestions?

 

[Kate112]

Best scalping strategies
- Stochastic oscillator strategy.
- Moving average strategy.
- Parabolic SAR indicator strategy.
- RSI strategy.

Yes I would agree although I like to use 3 moving averages crossover as well

 

[Ashlan]

which is the best broker to scalp with? With the lowest fees