Hi i just finished reading babypips school, and decided i would like to know more about scalping, can u guys tell me where can i get more information on that or direct me to the right place in forum?
I could post a few links, but as I keep saying - give the man a rod, not a fish, look at the longest running most popular threads, they are long running and popular for a very good reason!
Have gone through all scalping resources possible and here are some suggestions.
FIRST, read PeteFader’s MadScalper thread. It is one of the best scalping strategies around.
SECOND, find some scalping mentors and start reading their threads, ForexCube, Hoss are great scalpers to read on forex factory.
THIRD, read everything you can get your hands on regarding VOLUME, SUPPLY AND DEMAND, AND SUPPORT AND RESISTANCE. Scalping without understanding these three things will only guarantee your 95% chance of loss.
FOURTH, Money management matters most in scalping, to make the process easier, simply find a money management ea that will take your trades out for you either with take profit or stop loss tp,sl, or trailing stop ts.
Also, be on the lookout for purplepatches new vsa thread, it shows some promise.