I think I’ve put up three or four little strategies, somewhere, that I’ve used long ago - the problem is that they’re all in different threads and I don’t keep links to them, or anything. And the forum’s “advanced search” function leaves quite a bit to be desired, it must be said …
I found this one and this one but I’m not even quite sure if these are quite the kind of thing you meant, Manxx? :8:
Hi Lexys,
Yes I think both of these give a good idea of the kind of strategy and trading discipline needed for this kind of trading - or what do you think?
Funny really, I have recently been trying to move to more long term trading but it just isn’t me! I guess I have always been a short-term “scalper” and always will be. I really do agree with you that, with the right strategy and the right discipline, it is possible to make good regular steady income from this kind of trading -as well as the luxury of being able to pick and choose when one wants to trade! 
Thanks, Lexys…
Best pair for scalping in my opinion is EUR/USD as most brokers have a low spread on it. I have used EUR/USD pair for scalping today and got a positive pips, although small pips but it was a positive trade.
I am also thinking if pair eurusd is having lowest spread usually and this good for scalping trader I think, and might another option is pair usdjpy, this is also having low spread, and will not good for scalpig if use pair that has big spread fee like as gbpjpy
Here- thisis the closest thing to having a money printing machine if you can master. The strategy will work in all market environments.
XAUUSD asia
how long is a piece of string ? :32:
the nature of the relationship between 2 currencies is heavily dependent on many things …Timeframe traded , timezone and naturally the news events , economic conditions in play at that time
not to mention things like the spread of course and you do have a very very complex mix of dynamics in play !
If we are discussing the G8 then heres my take
Currency 1 - would suggest the [B][U]USD[/U][/B] …solid , anchor currency , easily tradable all platforms , lowest spread for all pairs , carry trade pattern generally
then you have a tougher choice and it will mainly be dependent on your preference for risk vs return vs volatility , ATR etc etc …and again timeframe is a huge factor …
higher volatility pairings - GBP,Yen,CAD ,NZD
lower volatility pairings - EUR,AUD
Swissie is the exception of course as they track so tight…so I cant be bothered with it .perhaps some advanced range trading but not really relevant to what I do
hope this helps buddy …just my thoughts
N
Hello lexys, how do you know which broker is a market-maker? Is there a list of brokers who is genuine and whos not?
They normally state very prominently on their website that they’re not (if they’re not). The overwhelming majority of “forex brokers” are counterparty market-makers, and that’s why there’s usually so much adverse publicity about them online.
The ones who are genuine brokers all offer futures-trading as well, and have much, much higher minimum deposit requirements (in the thousands, not the hundreds).
You can safely assume that any “forex broker” accepting small deposits and offering very high leverage is a counterparty trader. Also anyone offering “bonuses”, “competitions”, other gimmicks, and anyone doing a lot of advertising/promotion is a market-maker.
It’s also possible to check, independently, with their regulator (they state on their websites by whom they’re regulated) whether they’re a counterparty market-maker.
I strongly advise you to avoid brokers registered in “light regulation” countries (Russia, Cyprus, Africa, the Caribbean, etc.). There are reasons that “brokers” choose to be registered and regulated in those countries, and they’re not reasons that are in their clients’ interests. UK and US regulation are far more in the clients’ interest.
“Interactive Brokers” and “AMP” are both genuine brokers, and the two that spring to mind. IB typically has slightly lower dealing-costs/commissions and AMP typically has more user-friendly customer service.
For anyone who needs to use a counterparty market-maker (and many people do), personally I recommend Oanda and I advise people to keep well away from FXCM. Personal opinion only, there.
I have to agree, even as a newbie to Forex (but a veteran of internet marketing). I clicked on one of FXCM’s popup ads earlier today while studying in school of pipsology and after starting to read the small print immediately closed their page and made a mental note to never go near them with a 10-foot pole. They do not have clients’ interests anywhere near the top of their list of priorities, that is 100% for sure. And even though I would have been interested to read the free e-book they were offering there was no way on God’s earth I was giving them any of my personal information to get it. Just my personal opinion
Exactly so.
Their very long international history of adverse regulatory rulings and multiple fines of multiple millions, [U]arising directly over issues to do with the way they treat their clients[/U], is breathtaking.
Mine also.
I’m amazed, given the reality, by those traders who say “Well, I’ve been there for years and never had a single complaint”, and I can only assume they don’t know the difference between anecdotal experience and objective, proven, hard fact involving large numbers of victims. (It almost reminds me of the guy who jumps off the top of the Empire State Building and when asked, a few feet from the ground, how it’s going, says “So far, so good”. 
)
Sorry, not good enough. I can be a marketmaker broker with 10:1 max leverage and a min deposit of 1billion. There has to be something more that just guessing it. A documented fact. Why do we have those regulators (ASIC, FSA UK, FINRA etc.???), if we dont know for a fact which broker is ture ECN???
Why not ask their regulators, then, as I suggested? They have email addresses for inquiries: it’s easy enough to do. Sorry, but you seem simply to be repeating the question again without reading the answer. I can’t help you, anyway, apparently.
I did read your posts multiple times. You did not read mine. Sorry but guessing broker type from their webpage is not solid evidence. But you talk like it confirms a fact…but i think got your point, you have made your mind, dont need proof and don’t even consider otherwise
I think the best pair is EUR/USD.
now i dont suggest GBP/USD since Brexit makes GBP falls strongly against USD, if scalping this pair, you might loose all the money.
If we are planning to do our trades using the Scalping systems we have to make sure that such trades will always have the risks that are usually associated with doing scalping trades …
I am scalping GBPJPY these days, at from 09:00-11:00 and 15:00-18:00 GMT.
It seems to work quite well. Aiming 10 pips in average, with 50 mini lots. No stop loss. Best is 40-50 pips every now and then.
When it goes against me it goes at the most 40 pips in the worst case, but as I don’t use stop loss it comes back on after 15 minutes or so. My win:loss ratio 13:1, and average win is 17 pips, which is pretty good for an amateur like myself. More than that, I am having fun.
Good luck.
It’s [U]very[/U] good, but it’s not “scalping”. It’s not even [I][U]close[/U][/I] to scalping - as you’ll see if you actually read the thread. 
If im not mistaken this is the best time to scalp the overlapping of euro and Us session 2am - 4am EST and 8am - 12pm EST what time is this in Manila,Philippines? how do you convert this?
Trade without stop loss, you very dare in addition as I know gbpjpy has larger spread than major pair, maybe you start with huge capital isn’t, often I am hear many trader scalping they prefer trade on gbpusd and also eurusd with low spread