There is a lot of good systems on this forum but I do not have the time to go through all of them. I though Id start a thread and ask people to recommend good scalping systems. Im looking for a scalping system with about 5 pip take profits. I would prefer eur/gbp pair but other major pairs are also acceptable. Im open to all suggestions.
Should we set up at a broker for you, and deposit our money for you too?
Flip a coin. Heads = Sell. Tails = Buy.
Set Profit Target to 10 and Stoploss to 5.
Best of luck.
Hi Joker,
I recommend that you try to find some time to do just that.
No-one is going to deliver you a system all neatly packaged so you really need to do your own due diligence and find/learn/create your own personalized method.
Having said that, you might like to start with this one:
http://forums.babypips.com/show-me-money-daytrading/16021-never-lose-again.html
There are a number of scalping methods explained in this thread (along with numerous free MT4 indicators) and much knowledge about price action.
As you said, there are many other threads so take your time to read a few and try them on a demo account. As you do this you will start getting ideas for building strategies according to your own tastes.
I guarantee it will not be detrimental.
Happy New Year
hey ya’all i’m pips stunner & i need someone to help me.i wana ask about alpari US. are they good brokers?
Yes Alpari is a good broker. However i’ve read that they’re having a hard time maintaining the necessary capital required by NFA.
i just found out something cos i wanna be everybody’s hero. Check this out, plot the fibonacci ratios with exponential moving averages. i mean 27,38,50 … to 424. observe something and add that to your repertoire.drop a msg if u need more info.