Thursday, September 5, 2013

Learn Forex: A Simple Scalping Strategy | DailyFX

Learn Forex: A Simple Scalping Strategy | DailyFX:

As with any active market strategy, scalping Forex trends carries risk. It is important to know upfront that trends eventually do end. Scalpers can use a swing low or even the 200 period MVA as places to set stop orders. In the event that price breaks and begins creating lower lows, traders will wish to exit any existing long positions and look for other opportunities.

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