Friday, October 7, 2011


Scalping is my newest strategy which i have been using for 2 months now.

Scalping is fun if you do it right.

Most important factor in successful scalping is using a low spread broker.
I recommend - Super Low Spread Broker

 Timeframe - 15min
Pair - Eur/Usd

Strategy -
Fade big spikes eg. 30 pips candle in the 15min chart
Fade when price reach support/resistance areas
Practice practice until you get a hang of it

Take Profit - 4 pips

Stop Loss -
No stop loss
If there is a losing position either :
1. Average to get out at breakeven
2. Keep scalping and reduce the losing position's lotsize

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