Forex Scalping Tips

SKYPE ID = imfxmstr

1. Scalping is only stapling Take Profit. Lot size should be moderate.
2. You must be able to understand higher time frame positions and have to remain on buy or sell. Buy once, once try to sell from overbought and it is safe to buy from overbought. Using RSI you can understand it.
3. The worship for God can make your work well. Without the mercy of God everything seems unlikely. Ghosts of the trade will not be in head.
4. Don’t scalp in two hours knowing about the high impact news. It is the main Scalping tips.
5. In other strategies, I maintain 1:2 risk-rewards but in scalping it is 2:1 when I am sure about it, I entered into the market. If I use 100 pips staples and 200 TP pips in swing trade, at the Scalping I use 20 pips staples and 10 TP pips. However, the risk will be .5%. If 1% loss occurs then the trade is off for the day. Go away and try again the next day.
6. Its safe for scalping in rangy market. In particular, when the news impact market falls in150-200 pips then I remain only in buy to take retrenchment. And I try to take the chance when market come into a side-way. If In that situation the pips should be remain below 20pips and I’ll be in the same conditions if cell up.
7. Hire time frame to get direction. The RSI will assist you.
8. At the time of scalping the market is uptrend or you have to identify it. Try to get entries from uptrend support and downtrend resistance. It is another main Scalping tips.
9. Never go for the opposite of volatile market to get retrace. When the effect of the news came to an end in market and go to the side way, then try scalping.
10. Money management is the most important thing to accept. Otherwise you will make profit in 9 accounts but the 10th account will be zero.
It is all about scalping tips to forex market. Hope you all enjoy the tips.

SKYPE ID = imfxmstr