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the only scalping being done in the FOREX is by those selling ridiculous robots and systems. The commodity and futures markets, including the GLOBEX, are regulated markets. Forex is very corrupt.
tripletrend 1 year ago
Trading round numbers is more often than not a dodgy business. By all means if news is there to carry it, get and get in fast. If no news, you will almost always see a retrace that will allow you in with a far better RR. The best way I've found to trade this as a technical set up is post consolidation. See my video in the ideo response.
satoriman21 1 year ago
@satoriman21
Sometimes, sometimes the momentum will not retrace. That's you have to give the market plenty of room
BKTraderFx 1 year ago
RRR of 2:1, and lower? you must be kidding me
wbasia888 1 year ago
@wbasia888
You are welcome to trade it any way you like. I have researched 1:1 rr with 50 target 50 stop and tends to have a positive edge as well, but a smaller one
BKTraderFx 1 year ago
Hey Boris, love your videos!
What trading platform do you use in your videos?
fro0ty 1 year ago