A common scalping problem
გვერდები: 44
გაწევრიანდა: 16/08/2011
i combine both the short and longer time frame to determine a scalping trend
Jesus is Lord
გვერდები: 513
გაწევრიანდა: 08/02/2011
yup that is good techniqe bcs in scalping small pips is not mean you forget the main trend
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გვერდები: 118
გაწევრიანდა: 05/12/2010
Originally posted by janknoah1i combine both the short and longer time frame to determine a scalping trend
yes, combination is the key......because theres some step in price movement,
first, market will do some test level, and after that , small TF is use to make stronger that trend.....this is where scalper entering market.
Often market get strong reverse in small TF,,,this is common scalping problem , maybe also explain why so many trader blow their account.....
გვერდები: 44
გაწევრიანდა: 16/08/2011
radNormally when trading, i mix the long and short time frames, so it defines my trading
Jesus is Lord
გვერდები: 332
გაწევრიანდა: 16/08/2011
I think it's either internet connection or the dealing desk. It's better to put stop loss when this happens so you don't have to wait when closing a position. Regarding the different entry when making an order, aside from internet connection and problem with the dealing desk, I thought it's automatically set up by the broker based on the commission or spread fee but I'm not sure..
I am a hosted slave beta.
გვერდები: 734
გაწევრიანდა: 22/04/2011
Originally posted by megrawabI think it's either internet connection or the dealing desk. It's better to put stop loss when this happens so you don't have to wait when closing a position. Regarding the different entry when making an order, aside from internet connection and problem with the dealing desk, I thought it's automatically set up by the broker based on the commission or spread fee but I'm not sure..
Yea. Putting SL is necessary in such conditions otherwise a fast movement in pips can cause much larger than expected drawdown. Internet connection + computer speed matters. But during news time it is a common problem for all traders.
The good or ill of a man lies within his own will. – Epictetus
გვერდები: 332
გაწევრიანდა: 16/08/2011
Another thing I noctice, which I do not necessarily says that it is a cuse, I realize that when you close trades (especially on shorter times) and then order right after the closing, the execution is also slow. I also compared that some brokers have faster execution than other brokers, if that may not be the case, your broker might be late in writing on your mt4 software that's why you thought you are not on the right entry when you ordered.
I am a hosted slave beta.
გვერდები: 513
გაწევრიანდა: 08/02/2011
Originally posted by megrawabAnother thing I noctice, which I do not necessarily says that it is a cuse, I realize that when you close trades (especially on shorter times) and then order right after the closing, the execution is also slow. I also compared that some brokers have faster execution than other brokers, if that may not be the case, your broker might be late in writing on your mt4 software that's why you thought you are not on the right entry when you ordered.
late execution or requotes are done by scam brokers if they do more than two times in ten trades or even slow market but i mostly see requotes during on the news session not normaily all day.
http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.
გვერდები: 177
გაწევრიანდა: 12/04/2012
Scalping requires special skills and abilities from a trader as it is a art and also requires accurate analysis to do so apart from a fast internet connection and yes if orders do not execute at time or right prices it could be problem with server at broker's end too .
გვერდები: 66
გაწევრიანდა: 08/06/2012
in high volatility its impossible to exit on right position but we can make it with take profit and stop loss, for scalping we must input defaiult stop loss and take profit in order window that make trading easy for us we can enter quickly and exit when take profit or stop loss hited by market in this way trader did not mis take profit and stop loss also means trader bear only calculated loss.
Game is not over Till it's Over