US Forex Brokers Allowing Scalping
Forex scalping strategy is a practice considered too intense by several forex brokers. Some of them regard the method as something that may disrupt their system and thus limiting or even prohibiting it in certain conditions.
Usually, US forex brokers are not left out from the prohibitions of certain strategies due to regulatory restrictions. But it seems that scalping is not one of them. If you want to trade in a US-based forex broker with scalping-friendly conditions, here are some recommendations.
Scroll for more details
The profit potential of scalping in forex is far above other trading styles. It also outpaces long-term trading in terms of speed in producing results. Just imagine, if a currency rose 3% in three days, and you have ordered buy, from the beginning, then you will be able to cash in around 3% profit.
Continue Reading at Easy Forex Scalping Strategy
Why is having an ECN account good for scalping?
An ECN (Electronic Communication Network) account is crucial for scalping because it provides the tools and features that enable scalpers to execute their strategy effectively. An ECN account offers tools such as the ability to initiate numerous trades, access to real-time market data, and direct market access, which are essential for scalpers to succeed in their trading endeavors.
Continue Reading at Is ECN Account Good for Scalping?
What is the idea behind using 3 EMA lines for scalping?
The idea is that by using 3 moving averages at once, we will be able to see the current direction of price on the chart as well as determine stop losses, trailing stops, and profit targets for further safety. The main benefit of using this strategy is that it can show whether the shorter-term trend is going in a favorable direction, which then confirms the longer-term moving average and shows a divergence.
Continue Reading at How to Use 3 EMA Lines for Scalping
What are forex brokers recommended for scalping?
Here are some brokers that allow scalping and provide ideal trading conditions for the strategy:
Continue Reading at The Secrets of Successful Scalping Strategy
