5mnts chart for scalping

[ashwini]

hello friends, as we know that through the scalping we easily make good income in short period. but what we do . i use this system.

1. use the 5mnts time frame chart.
2. use the candlestick
3. follow the daily time frame chart.. for daily trend.
4.use the resistance & support level for enter the order.
5. use the pivotpoints on daily chart.
6. use the pivot level for my take profit and stoploss target.


and in this system , i am able to make daily one or two trade easily per pair.

[bbacomsats]

This is quite a healthy information we can earn a good limited amount of money from this kind of scalping because it will help us daily to earn in this way that we will have to use the candlestick which is the best indicator in my views because it gives a very good trend analysis while the support and resistance are also very helpful for traders in setting a order stop loss and take profit in a way that will be best for all the traders while daily chart for a trend of one time time frame will be best opportunity to be successful.

[fxscalper]

for me, i used all time frames for scalping, and it is very important for me to get more information about the market situation, and they have their own function which we need, and my simple rules, i open position when the smaller have same direction with the higher one, and also i used candlestick as my best indicator and equdistant channel to indicate support resistance with dynamic

[abdul_sami]

I am scalper i am using 15 min chart and used a indicator that tell the market situation next what the move market done but i am not make consistenly profit from that i need strong system i not know about support and resistance i want to know and tell me about pivot poins and detail in next thread kinldy please

[bablohosan]

for me, i old all time frames for scalping, and it is real weighty for me to get more info almost the marketplace place, and they know their own part which we poverty, and my formidably rules, i unsealed occupation when the small human aforementioned path with the higher one, and also i old holder as my optimal indicator and equdistant steer to point operation resistance with dynamical.

[uchennafx]

Nice strategy , i trade lower time frame at times using daily and four hour as land mark. The lower time frame i trade is 15mins. i use price action on confluence areas to enter my position and it has been making me money , i don't do that most times , i love long term trading because of my other engagements .

A newbie should not trade lower time frame, it is more profitable when a trade has more experience in the market.

[meeco]

hello friends, as we know that through the scalping we easily make good income in short period. but what we do . i use this system.

1. use the 5mnts time frame chart.
2. use the candlestick
3. follow the daily time frame chart.. for daily trend.
4.use the resistance & support level for enter the order.
5. use the pivotpoints on daily chart.
6. use the pivot level for my take profit and stoploss target.


and in this system , i am able to make daily one or two trade easily per pair.

this is good and helpful informations for the traders that want to trade with scalping and i want to add that not only 5 min chart is suitable for scalping but also 15 min chart is also suitable for scalping and also fibonacci levels is suitable for scalping,and trend line is very important for scalper to avoid reversal of the price

[rinaji]

Did I mishear? Why do you only make one or two trades? Are you a part-time or full-time trader? If you are a parttime trader I think you are right in doing so, but if you are a fulltime trader then you are not up at all because you're just wasting a lot of time for one or two scalping trades. Outside of that,I think your strategy is good and right, I hope you're successful.

[sunny]

yeah dear you are right i am also doig scalping and also use m5 chart time frame and honestly speaking it was too profitable for me and i am always use m5 chart in scalping strategy it was too easy to understand market movement average but scalping strategy is always must needed because without knowledge we cant get profit

[zintek]

As a genuine scalping objective there is no signal required. It is quite quick procedure. And a little bit of fortune aspect required. Hold out for the right moment. Particularly when any information is there and the couple is shifting is quite quickly just providing a 2 to 3 pip benefit focus on. As it is so quick so no signs are there for all-time benefit. But if like a little bit lengthy pips like 10 pip then shifting regular is excellent.

[Mic612]

5 minuets chart is best for scalping even some people are using 15 Minuets charts for scalping and making Good pips every day i think it depends on indicator an on market condition some time scalping may give results in losses but using 5 minuet or 25 minuets charts we can gain Good profit , Forex is volatile market so always do trading when it flow steady

[yasirfx]

5M chart is best for scalping because a scalper enters in the market takes few pips mean around 4 to 10 pips depending on the situation and prediction,and exits the trade as he takes few entries so he need a number of opportunities so in these scenario small time frames like 1M,5M and 15M are good choices,there is always a huge volatality in these time frames.

[kashi]

the scalping trading is good for 5 min time frame. i think if we add little some thing else then we can get the more profit from the scalping trading. if we add bollinger band or stochastic then we can take position from overbought and oversold . which is good for profit.

[Mohit]

It will help us daily to earn in this way that we will have to use the candlestick which is the best indicator in my views and and they have their own function which we need, and my simple rules, i open position when the smaller have same direction with the higher one take profit in a way that will be best for all the traders while daily chart for a trend of one time time frame will be best opportunity to be successful and resistance i want to know and tell me about pivot poins and detail in next thread kinldy please...

[petrelsea70]

i dont like scalping becuase scalper need to remain focus all the time on market so i dont like it becuase i can not make my focus on market all the time thats why i use long term trading.
in sccalping we open our trading position for very short time and after getting some trading pips we close it but the time of entry and exist should be good otherwise you will not get reward and also be carefull about fundamentals becuase fundamental can come and destroy you profit