Quick question for the newbie Forex scalpers

[trader_phil]

not much of a scalper, but correct me if im wrong, exeutions speed, spreads, slippage, theses aresome of the things scalpers look out for, but I suggest venturing into swings and position trades, its a good long term strategy.

 

[barcadia]

I'd say the biggest struggle is the market moving the wrong way after the trade is placed.

edit: lets try a realtime effort, long on the 5min bullish candle
http://fxpro.ctrader.com/c/7D4yn

 

[Turveyd]

I'd say the biggest struggle is the market moving the wrong way after the trade is placed.

edit: lets try a realtime effort, long on the 5min bullish candle
http://fxpro.ctrader.com/c/7D4yn

Long on that chat nuts, might of worked that time but odds are against it, better to join short near the high, exit on turning up then look for longs.

 

[barcadia]

Long on that chat nuts, might of worked that time but odds are against it, better to join short near the high, exit on turning up then look for longs.

short or long here on eurusd?

 

[Turveyd]

No direction, stay out.

 

[barcadia]

looks short to me, but will take your advice

 

[Turveyd]

It might but is 50/50 to me so just gambling.

M1 guy jumping on GbpAud on the up move for scalps here.

 

[Turveyd]

Trying to work out how those 2 did for us!!

no.1 did turn up, wasn't worth a lot, short SL would of hit.

no.2 stalled and reversed, enough pips I guess, higher low there.

 

[pinfire]

Short SL will be hit most of the time. I think we should wait for formation of a little range that happens daily and then work on hedge along with support and resistance

 

[jhehe]

I'd say the biggest struggle is the market moving the wrong way after the trade is placed.

edit: lets try a realtime effort, long on the 5min bullish candle
http://fxpro.ctrader.com/c/7D4yn

I see that you entered long here. I assume the long lower wick is a first sign of a sell off exhaustion and assuming pairs won't be trending nearly as much on a much lower time frame?