VFSC Forex Brokers Allowing Scalping
"Does your broker allow scalping?"
That question should come even before how low the spread is if you want to look for the best forex broker for scalping. As a matter of fact, not every broker allows scalping as some say it can "disrupt" their system.
To ease your concern regarding this matter, we have compiled a list of forex brokers allowing scalping below. Keep in mind that these are VFSC-regulated entities, so there are pros and cons to think about when opening an account with one of them.
Additional FAQ
How do you know if the broker allow scalping or not?
To detect a forex broker's policy on scalping, look for information on the broker's official website. The freedom of trading with scalping is a feature that is often considered an attraction.sca
Continue Reading at Why Do Brokers Restrict Scalping?
What are the best books to learn scalping?
There are several ways to get you ready, and one of them is by learning from the best scalping books. Here is a few examples of them:
- Forex Price Action Scalping: An In-depth Look into the Field of Professional Scalping
- E-mini Dow and Mini DAX Scalping Techniques
- Scalping is Fun! 1-4: The Complete Series
- Scalping Trading Top 5 Strategies: Making Money with the Ultimate Guide to Fast Trading in Forex and Options
- Forex Scalping Trading Strategies: How To Earn A Living Scalping Profits
- The Electronic Day Trader: Successful Strategies for On-line Trading
Continue Reading at Forex Scalping Books for Aspiring Traders
What are the trading setups of LWMA for scalping
We would need to pair up a 144-period LWMA with a 5-period SMMA (Smoothed Moving Average). A crossover between these Moving Averages would be the reference signal. Here are the setups:
- Indicators: 144 LWMA and 5 SMMA
- Currency pairs: The system can be applied in all currency pairs and even in other markets, such as precious metals (gold & silver spot).
- Recommended time frames: This system was designed to operate in 5-minute price charts.
- Trading periods: New York and London sessions.
Continue Reading at How to Use Linear Weighted Moving Average for Scalping
What skills and strategies are essential for successful scalping?
Successful scalping demands a keen focus on price movements, precise execution of trade entries and exits, and careful consideration of stop-loss and take-profit levels. Scalpers must consistently calculate lot sizes, as this significantly impacts results. Analytical tools such as candlestick patterns, price actions, and quick reactions to sudden price movements are often used by scalpers.
Continue Reading at Forex Scalping Books for Aspiring Traders