WEEKLY DIGEST 2015, January 10 - 17 for Scalping Trading: Stocks in Scalping and Hedging in Scalping
MQL5 blogs
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Scalp trading 15 January 2015 with Paul from Wave5trade
The traders using scalping technique together with candlestick patterns for stock market
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Hedging FX in a Complicated WorldSome article related to some broker allowing the hedging in scalping way.
"Hedging in scalping can be very effective. ECN accounts are commonly used for scalping because they first provide a very narrow spread. Additionally, the possibility of a broker to trade against its clients is often excluded. Unfortunately, there are drawbacks associated in almost all accounts with a narrow spread. As an example, if a broker expands the spread slightly for a short term at the exact moment when it is necessary to close profitable orders for “Stop Loss” or “Take Profit.” The result is that although the spread is low most of the time for you it is much higher. In such circumstances, of course, it’s not the best way to approach scalping.
Let’s say you select an appropriate account for scalping and the broker a-books all of its order flow, providing access to a wide network of liquidity providers. The main feature of a good A-book account is that new quotes will come to you in the terminal 300–1,200 times per minute in the active trade. In such conditions, it can be quite problematic to place an order manually, even with high-speed internet connection. Of course, you can simplify your task of an order opening by agreeing to slip, but to meet the challenges of scalping, those items that you thus lose can often play a crucial role—while having a narrow spread, you cannot take advantage of it."
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FOREX DAY TRADING SCALPING EUR/USD 5M CHARTThe video - the practical example about scalping trading technique used
