For about a year now I have been trying to find a scalping strategy (1 minute or 5 minute) that has a high win rate and at the same time also provides at least 2-3 trading opportunities in a forex major pair every day. I have spent countless hours on courses, books, Youtube videos, backtesting, and paper trading and yet have failed to find a single good scalping strategy. Can someone please point me in the right direction or teach me their own strategy?
A Forex scalping strategy is a fast-paced trading style that involves placing several trades a day. Scalping strategies are traded on the smallest time frames and positions are held for only a matter of minutes. Scalping is the practice of trading tiny fluctuations in price movement and accumulating small profits across many, possibly hundreds of trades every day. To be able to trade effectively using a scalping strategy, being able to identify optimal entry and exit points is essential. Moving Average indicators can greatly assist in assessing current market sentiment, allowing a trader to enter a position just as trading sentiment is changing, the same techniques can be used to exit a trading position before market sentiment moves against a position. https://www.geekyforex.com/moving-average-scalping-strategy
What is the best forex scalping strategy to catch 5 pips per trade?
Hi there, Please, does someone knows a scalping strategy to catch 5 pips per trade and make like 7-8 same trades per day? I would really appreciate your suggestion! The currency pair that I'm trading is EURUSD
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