Hi. Sorry for my english)
i want to know how traders scalp small timeframes(1-5min)?
what tools they use?
indicators? its lagging.
candlesticks? it doesnt work at 5 min candles. 5 min candle can be "hammer" at one broker and can be "doji" at other broker.
levels? i mean pivots, fibs, murrey. So may be it works.
I want to learn scalp. All i need is 2%-4% a day and thats it.
for example i have risk:reward 1:1, so i need 2 profit trades to make 4% a day.
it doesnt matter how many pips you need. You risk 2% and you get 2%. it can be 5, 10, 20 pips.
What kind of strategies scalpers use?
I tried Trend Following breakouts of swing points. its too many breakouts( Price can breakout some pips then revers and hit my stop loss.
welcome to disscussion
i want to know how traders scalp small timeframes(1-5min)?
what tools they use?
indicators? its lagging.
candlesticks? it doesnt work at 5 min candles. 5 min candle can be "hammer" at one broker and can be "doji" at other broker.
levels? i mean pivots, fibs, murrey. So may be it works.
I want to learn scalp. All i need is 2%-4% a day and thats it.
for example i have risk:reward 1:1, so i need 2 profit trades to make 4% a day.
it doesnt matter how many pips you need. You risk 2% and you get 2%. it can be 5, 10, 20 pips.
What kind of strategies scalpers use?
I tried Trend Following breakouts of swing points. its too many breakouts( Price can breakout some pips then revers and hit my stop loss.
welcome to disscussion