Forex scalping strategy-price action strategy for beginner that really work in a simple word 2019 scalping strategies
What is a Forex price action strategy?
Forex Scalping first of all Forex price action strategy is a technique used by a Forex trader to determine whether to buy or sell a currency pair at any given time. this strategies base on some number and trend .you will learn more about it in 3 part .Primer ,advance and professional above all this strategy can be use by beginner too. you can say it even Forex scalping strategy
The characteristics of a good Forex strategy
A good Forex Trading Strategy at least should have the following features
- first of all give you the exact entering point.
- also give you the exact stop loss point.
- finally give you exact take profit point.
- tell you how much money you should put in the trade by money management base on your balance.
- as a result Clear risk to reward ratio.
- May give you more profit chance.
- most noteworthy Do not let you enter the market, until time is coming
- certainly Get off your emotions and prevent you from entering emotional positions .
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This tutorial consist of 3 part Primary(free) / Advance /professional
- The basic things that you should familiar, to use this strategy
- The characteristics of a good trading strategy in Forex Market.
- Elementary view of the magic number strategy in EURUSD
- Does this strategy have any exception?
- Money management and risk management rules .
- indicators that help you avoid wrong position.
- What is the best day to use this strategy?
- What is the best time of the trading day to use this strategy?
- What is the best time frame for this strategy?
- What should I do when price come close to my stop loss?
- what is Philosophy behind this magic numbers? Dose they change?
- The most important indicator of all the times
- What are the others pair magic number and how to calculate them?
- Can I use this strategy when news come out?
- How can I get more pips by this strategy?
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