Forex Scalping means opening and closing many trading positions in a daily basis by targeting profits of a few pips (5-10 pips)

Introduction to Forex Scalping Trading Strategies

Forex Scalping means opening and closing many trading positions on a daily basis by targeting profits of a few pips (5-10 pips). These positions remain open usually for 1-2 minutes. Scalpers trade the 1-minute and 5-minute charts and usually prefer to trade exclusively two Forex Pairs (EURUSD and GBPUSD). The selection of one of these two pairs is crucial as these two pairs offer the narrowest spreads in the market (along with USDJPY). Scalping must be limited only in low-cost trading opportunities.

Scalpers can limit their trading cost by participating in a Free Forex Rebate Plan Information about the ForexExperts free Rebate Plans

Characteristics of a Forex Scalping Strategy

What characterizes all the following Forex scalping strategies is the great number of average trades per day but also the unorthodox Take Profit / Loss (P/L) Ratio. The Low P/L ratio means that the potential loss of each trade exceeds the potential profit. You can get 30-40 average trades and the P/L ratio is by rule less than 1. In order to prove profitable as a Scalper, you should enjoy a winning ratio of more than 65%. That means that out of 100 trades 65 must prove profitable while 35 can be unprofitable. This is a difficult task and therefore scalping is not suitable for all traders.

■ Daily Trades: 20 - 40

■ Profit/Loss Ratio: 0.5 - 0.7

■ Leverage: 1:100 – 1:200

■ Spreads: very important (max 1.5 pip)

■ Slippage: very important

■ Overnight Charges: No

■ Upcoming News: usually irrelevant (Scalpers avoid to trade 30 minutes before and after key news releases)

Forex scalping strategies can be manual or automated strategies. The automated Trading Strategies are applied by automated trading systems called Expert Advisors or Forex Robots.

You may Compare Expert Advisors here

Alternatively, you may scalp Forex by using manual commercial systems  Info about the EA Builder for MT4/MT5

These are some trading strategies for Forex scalpers.


Scalping Strategies

TRADING STRATEGIES

ASSET AND TIMEFRAME

INDICATORS AND SETUP

TAKE PROFIT AND STOP-LOSS

MORE INFO

HIT & RUN STRATEGY

■ M1 timeframe

■ Forex Currencies

 

■ 30 daily trades on average

Parabolic SAR (default) settings:

  1. Acceleration 2%
  2. Maximum Step 20%

Simple moving average (SMA):

50 periods

■ Take Profit:

8-10 pips

■ Stop-Loss:

12-15 pips

■ Profit/Loss Ratio: 0.65

Hit & Run Forex Strategy

BOLLINGER-RSI SCALPING STRATEGY

■ M1 time frame

■ Forex Currencies

 

■ 8-10 daily trades

Bollinger Bands

(i) 12 Periods

(ii) Deviations 2

(iii) Shift 0

RSI

The standard settings (14,9)

■ Take Profit:

5-7 pips

■ Stop-Loss:

10 pips

■ Profit/Loss Ratio: 0.5 / 0.7

Bollinger-RSI Scalping Strategy

THE STOCHASTIC SCALPER STRATEGY

■ M5 time frame

■ Forex Currencies

■ Volatile Commodities

■ Volatile Stocks and Indices

■ 10-15 daily trades

Stochastic Oscillator

Settings at 10,3,3

Simple moving average (SMA)

200 periods

■ Take Profit:

20-30 pips

■ Stop-Loss:

20-30 pips

■ Profit/Loss Ratio: 1

Stochastic Scalper Trading Strategy

 

 

FIND ALSO: ► EA BUILDER TESTER | ► GET STARTED WITH FOREX | ► TRADE SYSTEMS

STRATEGIES: ► DAY-TRADE | ► SWING-TRADE | ► SCALPING STRATEGY | ► BINARY STRATEGIES

FOREX RATINGS: ► DIRECTORY | ► TRADE SPREADS | ► FOREX SCALPING | ► SWAP RATES | ► FUNDS SAFETY

 

Forex Scalping Trading Strategies

ForexExperts.net

Enter the Compare Zone

Compare Forex Brokers Based on the Algorithms of the Forex RatingFormula 5.0..

Compare Forex

Consisting four (4) Rating Factors {Safety, Competition, Options, Technology) -Maximum score is 100%

Review Brokers

Compare Forex Brokers

Review ECN/STP Online Forex Brokers..

Trade Systems

A trading system is a set of specific processes and rules that can help traders to optimize their trading process, or to develop automated trading strategies (EAs):

» EA Builder for MT4, MT5, and TradeStation

» Compare EA Systems

» Market Sentiment

» Forex PAMM Accounts

Strategy Quant for Automated Strategies

Forex Ratings

Forex Broker Ratings Powered by the Revolutionary RatingFormula 5.0Forex Broker Ratings Powered by the Revolutionary RatingFormula 5.0 (?)

» FXTM Rating

» AXI Rating

» FXCC Rating

» IC Markets Rating

» FxOpen Rating

» FBS Rating

(+) All Forex Ratings

The RatingFormula series is a concept of George M. Protonotarios aiming to objectify the online corporate ratings. In the future, search engines and other applications will use similar rating algorithms to estimate the real value of online corporations for end users and list them respectively in their search results.

Forex Cash Bonuses

Forex Cash Bonuses□ 20% MULTIBANK BONUS (UP TO $40,000, WITHDRAWABLE)

10% as a cashback bonus + another 10% as credit

BONUS DETAILS:

  • The Cashback Bonus is withdrawable
  • On all accounts, except the Pro Account

□ START HERE:

20% MULTIBANK DEPOSIT BONUS


□ 100% LQDFX BONUS  (UP TO $20,000, WITHDRAWABLE)

The 100% LQDFX cash Bonus applies to all deposits above $250, in all account types, and it is instantly credited.

BONUS DETAILS:

-1-. The maximum cumulative amount that can be earned is 20,000 USD/EUR per trading account.
-2-. The 100% Bonus Value is calculated as $5 USD per round turn lot traded. (100,000 units round turn) traded on FX & Gold products
-3- Positions open for less than three minutes are not eligible to qualify towards the volume requirement.
-4- The 100% Bonus can be withdrawn
-5- Minimum deposit amount to qualify for the 100% bonus is $250 per deposit

□ START HERE:

100% LQDFX WELCOME BONUS


□ $50 FBS NO-DEPOSIT (FREE) BONUS

BONUS DETAILS:

-1- Trade and multiply your profit with a maximum leverage of 1:500
-2- Profit received on the bonus funds is withdrawable after 2 lots are traded, and profit reaches $25 or more
-3- Maximum profit made with the Bonus account is $500

□ START HERE:

$50 FBS (FREE) NO-DEPOSIT BONUS

Go to top