Trade pips – trading inspired – Technical analysis, forecasts and plenty of pips
It was funny that when I first started trading, I used to run around hunting for the best forex scalping strategy that worked. Ignoring the fact that a strategy is merely a set of rules based around few indicators that should resonate with my trading style, time frame and trade context. Obviously nothing worked for me …
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Let’s face it. Everybody starts forex trading with some form of a scalping strategy. Even if strategy doesn’t exist, scalping does, at least at the beginning. So there is plenty of RISK involved in, given the fact that 95% of all retail traders lose money in trading. While a massive chunk of retail traders are scalpers, statistically scalping rides along …
Order flow is not a familiar term to forex traders, yet its very important to understand the dynamics of it. There are two types of order flow when it comes to shorter timeframe charts used in forex scalping. Short term order-flow and long term order-flow. The method I often use to distinguish which order-flow has the …
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