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Categories: Scalper Micro Trading

Scalping (Part 1) : Scalpers & Psychology

Important suggestions and stories about Successful Scalpers, Scalping (Part 1) : Scalpers & Psychology.

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AVERTISSEMENT LEGAL :
Les opinions, informations de marché, analyses et de façon générale toute propos tenu durant les “Débriefs” ayant lieu sur cette chaine Youtube ne constituent en aucun cas un conseil d’investissement.

RISK DISCLAIMER :
All those studies are for educational purposes only, trades exemples and scenarios shared here must not be copied or blindly followed. Trading is a very risky job. Do it at your own discretion.

Successful Scalpers, Scalping (Part 1) : Scalpers & Psychology.

Just how do you trade forex patterns?

Below’s the list of chart patterns that we’re going to cover:
  • Dual Leading and Dual Bottom.
  • Head and Shoulders and Inverse Head and Shoulders.
  • Rising and Falling Wedges.
  • Favorable and Bearish Rectangles.
  • Bearish and Favorable Pennants.
  • Triangles (Balanced, Ascending, and Coming Down).

What Currencies Trade in Forex?

Although some retail dealers trade unique currencies such as the Thai baht or the Czech koruna, the majority of dealers trade the seven most liquid money pairs worldwide, which are the four “majors”:.

  • EUR/USD (euro/dollar)
  • USD/JPY (dollar/Japanese yen)
  • GBP/USD (British pound/dollar)
  • USD/CHF (dollar/Swiss franc)

and the 3 commodity pairs:.

  • AUD/USD (Australian dollar/dollar)
  • USD/CAD (dollar/Canadian buck)
  • NZD/USD (New Zealand dollar/dollar)

These money pairs together with their numerous combinations (such as EUR/JPY, GBP/JPY, and EUR/GBP) make up greater than 95% of all speculative trading in FX. Given the handful of trading tools only 18 pairs and crosses are actively traded the FX market is even more focused than the stock exchange.

Final Thoughts:

Forex Scalping is very busy. If you like the activity and like to concentrate on one- or two-minute graphes, after that Forex Scalping may be for you. If you have the personality to respond promptly and have no compunction in taking very fast losses, not greater than two or 3 pips, after that Forex Scalping may be for you.

Yet if you such as to evaluate and think through each choice you make, probably you are not fit to scalp trading.

Scalping (Part 1) : Scalpers & Psychology, Get more details and stories about Successful Scalpers and financial markets, analysis, trading signals as well as Forex mentor reviews.

Forex Alert:

Please note that trading in leveraged products may involve a significant degree of risk and is not suitable for all investors. You need to not risk greater than you are prepared to lose. Before choosing to trade, please ensure you comprehend the risks entailed and take into consideration your degree of experience. Seek independent guidance if needed.


George Andrew

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