Thursday, December 16, 2010
Out of the box
Range bars show ..the range much better than candlesticks. 4,9 easy pips here, just by putting a buy order above the rectangle. BUT, if I wanted more, I would be kicked off with a loss. That is the edge of the scalper : he needs a few pips only, he is modest. Otherwise, he's lost.
Labels:
forex,
setups,
trade analysis
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If we want to be scalper then we must learn to think out of the box as there is no alternative, but we must stay in our sense otherwise if we do something silly then we could end up with heavy losses. I can do scalping very safely thanks to OctaFX broker that has given me chance to work with low spread of just 0.2 pips and also all my trading orders are executed instantly without ever having to face any requotes or delay.
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