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Forex simple trading scalping at its best jobs
All of our trading results, charts, and stats are available to you at no cost. Our site is frequently updated so be sure to visit often. For more information use oThe idea behind this scalping strategy is to catch the short wave retracements that take place when the market reaches a peak overbought or oversold state. The method can be used in any markets but it is best (and has lowest risk) when the market is range bound.
It is a low yielding strategy. That means the profits are not huge but they are consistent when the system is correctly applied. However, it can be adapted to work at higher timescales if you choose.Unlike most other scalpers, this method enters the market on triggers from an indicator as well as price behavior at each bar (candle). A key element of this strategy is that it spreads risk across a number of trades to create a scalp sequence.
So, in essence, this will be a Forex scalping guide.