i need some good advice, i know i’m in the right place to get that, so here goes.
ive training and learning for forex a few months now, what i realised is that i like scalping but i need advice as how to use, what indicators and charts i should be using and what pairs is best it works on.
if there are scalpers outthere please i would be grateful if you could share your ideas with me and recommend what it is the best course of action.
hello everyone, thank u for your advice, i think it takes time and effort with alot of patience. i have got discipline and patient BUT what i am lacking is the skill to identify an entry and exit. my friend who introduced me to forex he has got excellent charts and indicators and he constantly uses one set of charts/indicators but i’m unable to grasp that…but having said that i am learning. i know more than 3 months which was zilch thanks to babypips and especially the members like yourselves.
i treat the demo accounts seriously so that it reflects the real thing, u know.
purplepatchforex is system is cool, what i am going to do is study it using the same major pairs and go from there. and if it works for me then i might adopt this system thanks to you.
If you have the patience and discipline, you are more than half way there, in my opinion, it’s more important than skill, but you will be amazed at how much patience and discipline is needed.
Every higher timeframe (TF) strategy started as a scalp trade, except you don’t know if it will be just a few seconds to hold or 3+ hours later you may be still in it.
I always start my trades from the M1 chart.
The plane starts from a airport, not in in mid flight.