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Scalping

GBPJPY Breakout scalpingLooking at tow key levels on the chart, using the 5 minute and just taking a breakout above or below the level Short 8-12 pip stops with next level target/exhaustion of the move Quick trades, may open and close a few times, market entries, tight stops, low risk. All stops will adjust to the exact base of the breakout candle, + 3 pip spread for shorts Enter, it goes, great, it don't goes, cut it immediately Break must happen with momentum, otherwise, adjust the levels Overall looking short for downtrend, but just taking breaks up or down, because the market can change at any time, and this is speed trading so not going to super analyze it, just KISS it
Short
by ForexStoryteller
Bitcoin Scalping Signal for Day Trading🖥️ We have determined there is a 70% chance Bitcoin will Rise from our current entry point. We had a nice Bounce off our 0.786 Fibonacci, and with a majority of the uncertainty over - some upward movement is our belief. 📉 LONG - BTC : $27,250 📉 💵 Length of trade: we are expecting BTC to hit a $550 scalp, with a high end of $1,100, and a minimum expectation of $300. 🕰️ Duration of trade: we are expecting the minimum target to occur within 10 hours. Then we see the rest of this trade playing out within 3 hours of market open for NYSE.
Long
by VirlVideo
Scalper, Day Trader & Swing Trader | Choose Your Path There are thousands of different ways to trade the market. During the last 100 years, various trading strategies and techniques were invented. One of the ways to categorize them is to split them by types of traders. Such a category type will lean on 2 main elements: trading frequency and time frame selection. 1️⃣ - Scalper I guess 99% of newbie traders start from scalping. Trying to catch quick market moves and become rich quick, newbies are practicing different scalping strategies. What is funny about scalping is the fact that such a trading style is considered to be the easiest by the majority while remaining one of the hardest in the view of pros. The main obstacle with scalping is a constant focus and rapid decision-making. Scalpers usually open dozens of trading positions during the trading session, most of the time being in front of the screen constantly. Paying huge commissions to the broker and dealing with complete chaos on lower time frames, the majority simply can't survive the pressure and drop, leaving the pie to true gurus. 2️⃣ - Day Trader Day trading or intraday trading is the most appealing to me. Staying relatively active, the market gives some time for the trader for reflection & thinking. Opening and managing on average 1-2 trades per trading session, the intraday trader is granted a certain degree of freedom. However, with declining volatility , quite ofter intraday traders get a relatively low risk/reward ratio for their trades, 3️⃣ - Swing Trader Swing trading is the best choice for traders having a full-time job. Primarily being focused on daily/weekly time frames, swing trading is not demanding for a daily routine and aims at catching mid-term/long-term market moves. With an average holding period being around 2 weeks and opening 1-2 trading positions per week, swing trading is considered to be the least emotional and involves low risk. The main problem with swing trading is patience. Correctly identifying the market trend and opening a trading position, the majority tends to close their positions preliminary not being patient enough to let the price reach their target. Which trading type do you prefer? Let me know, traders, what do you want to learn in the next educational post?
Education
by VasilyTrader
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