One of he best broker for scalping review

https://www.exness.com/a/403978

EXNESS is a fairly new entrant into the forex arena, and it offers some very interesting trading conditions. Though there is no actual relationship between the two (as far as we are aware), EXNESS and Alpari which is also of Russian origin, thrive in a jurisdiction where the rule of law is not always respected. While EXNESS is regulated by Russian law, this in itself is not a great comfort for foreign traders. No doubt EXNESS management, much like Alpari, is aware of this and therefore goes well above the call of duty to ensure that clients are treated fairly.
Beyond this uncertainty regarding regulation, it is difficult to find fault with any of the other aspects of trading with these guys. Small accounts can enjoy insanely high leverage of 1000:1 (yes, ONE THOUSAND to one), making it possible for smart traders to take advantage of the market without having all their capital tied up with their broker: you can keep more of you money in the bank where it's safe and earning interest, while a much smaller chunk is with your broker. Larger account holders ($10,000+) are still given decent maximum leverage of 100:1.
EXNESS licenses the almighty MT4 platform and offers unlimited demo accounts (you can "re-deposit" as much as you want in your demo account if you blow it).
Payment processing is also fast and efficient with many withdrawals processed automatically with no human intervention (depending on the payment method used). The only other beef I have is that fees are charged for every type of withdrawal. The fees are not big - usually 1% or less, but it does take away a bit from your profits.
Next on the list are spreads, which are kept extremely low, with EUR/USD starting at 0.7 pips on mini accounts and as low as 0.1 on accounts of $100,000+. Either way, these are some of the best spreads you'll find anywhere, and in spot forex there are no commissions to pay on top of this.
EXNESS also gives clients access to trading a huge number of instruments, from 150 forex pairs to CFDs from 11 different exchanges from New York to Jakarta, as well as Russian futures (FORTS) and NYMEX.
To top everything off, all traders are welcome to trade swap-free accounts, with NO EXTRA FEES. This is quite rare and can be a huge advantage in many longer-term strategies.

Comparing two brokers for scalping

https://www.exness.com/a/403978

Compare Category	eToro	EXNESS
Registered Business Name:	Tradonomi LLC	EXNESS Limited
Broker Headquarters:	Cyprus	St. Petersburg, Russia
Also has offices in:	None	none
Regulated By:	CySEC (Cyprus) NFA (0382918 eToro USA) NOT a CFTC-registered FCM	EXNESS is in full compliance with the Russian Federation Financial Legislation
In business since year:	2004	2008
Broker Capital as of 02-2009	Unknown	Unknown
Client Account Segregation:	Marfin Popular Bank, Cyprus	Yes
Collect Taxes on Earnings:	No	No
Prohibit clients from:	Yes	No
Deposit/Withdrawal methods:	Method Deposit Fee Withdrawal Fee Diners Club MasterCard Moneygram NETeller PayPal Visa Western Union Wire Transfer	Method Deposit Fee Withdrawal Fee c-Gold $0 1% CashU $0 3% Credit Card $0 0.5% Liberty Reserve $0 1% Moneybookers $0 1% Pecunix $0 1.5% Perfect Money $0 1% RBK Money $0 1% WebMoney $0 0.8% Wire Transfer $0 0.2% Yandex Money $0 1%
Main liquidity providers:	Unknown	Unknown

Scalping Psychology

From

https://www.exness.com/a/403978

 

I'd like to share a key piece of information with scalpers out there. First, the definition of scalping for this thread is 1 hour to 5 minute charts.

Winning breeds winning. Losing breeds losing. This is a statement that everyone has heard in one form or another but let's have a look at why. Here is an example of what is likely going through a trader's head during a winning trade, but following a losing trade.

Example 1:
First trade, lost $100.

Current trade, up $30...up $40...up $50...stalling....
Once your trade reaches that stick point, you feel excited at the probability of closing out a profitable trade. The problem is that you won't, because you think you should be patient and wait for it to reach $100 so you can wipe that nasty trade off your account for the day.

Current trade, back down to $40...back down to $30...back down to $20...back down to $10... hits the break even stop loss with a gain of $5.

You ended the trade with only $5.

Example 2:
First trade, won $100

Current trade, up $30...up $40....up $50...stalling....Close out!

You ended with a $50 profit. This is because you didn't need to make up for anything. You were happy just to add to the winning trade and it helped you to not hold on too long.


The moral of the story is that anything you can do to forget a losing trade is beneficial. The more it sinks into your mind, the worse you will trade and the more you will try to recoup that in greedy ways. You get what you get and you don't have a fit, ever heard that one as a kid? The market stalls for a minute and starts going back down, close out. Let yourself be one step closer to the overall goal.

It's been rehashed over and over, but I thought it could use another rehashing because I am a scalper on some trades and would like to see more people become comfortable with the idea that it can be done and done well. Psychologically, most people cannot handle it but just like anything in life, it can be practiced and mastered within reason.

What broker to choose for scalping?

• Minimum spread starting at 0.3 pips
• No hidden commissions
• Automatic withdrawal
• Execution in 0.1 second
• 134 currency pairs, CFDs on stocks and futures from the world leading exchanges
• Leverage up to 1:1000   

• https://www.exness.com/a/403978

Scalping strategy with stochastic

This is a trading technique based on scalping, which has two advantages: it is easy to understand and implement. Like all good trading strategies is very easy to visualize its entry signals to the market. This system employs five technical indicators that are known to any experienced trader in the market. To successfully implement this technique we use the following indicators using the configuration indicated:

• RSI (14).
• MACD ( 24, 52, 18).
• Stochastic Oscillator (10, 6, 6).
• Simple Moving Average of 20 periods.
• Weighted Moving Average of 10 periods.

Trading system description

	Description
Name	Scalping strategy with stochastic and other technical indicators
Introduction	This is a very simple scalping strategy which is recommended for traders interested in short-term trading. Althoug it use several technical indicators, its rules are very easy to follow.
Instruments	This trading system was designed to trade in the Forex market. However as a scalping strategy, it can be tested with other instruments, making any necessary changes depending on the market.
Indicators	A candlestick chart of 15 minutes, 5 minutes or 1 minuts. RSI (14). MACD ( 24, 52, 18). Stochastic Oscillator (10, 6, 6). Simple Moving Average of 20 periods. Weighted Moving Average of 10 periods.
Instructions	Buy Signals: The 10-period moving average crosses the 20 period moving average from below upwards. The stochastic is in an upward trend. MACD is above 0. The RSI has a value above 50. Once we open the long position we take profits and close the operation when the MACD reverse its trend Sell Signals: The 10-period moving average crosses the 20 period moving average from above downwards. The stochastic is in an downward trend. MACD is below 0. The RSI has a value below 50. Once we open the short position we take profits and close the operation when the MACD reverse its trend
Aditional Notes	It is important to look carefully the behavior of the stochastic oscillator because when it reaches the extreme levels 20 or 80, this could be signal of a probable change in market trend.  However, we shoul consider the other indicators before making a decision. This is a scalping trading technique so it is no recommended for larger time frames. As a scalping technique, in very important to avoid a big loss in a single trade. Remenber that this is not a strategy designed to obtain huge profits in each transaction.

FapTurbo – Short Term Scalping Strategy

FAPTURBO scalping strategy is not a traditional scalping method where the system is trying to play within the spread making hundreds of small trades in a minute. Such systems are very unstable and are not allowed by most brokers.
FAPTURBO scalper is a unique system that usually makes 1-5 trades a day aiming for small take profit value (from 6 to 10 pips) when the market is stable enough (often during nighttime in Europe).
By default scalper strategy does not make any trades during day time (GMT) and does not trade on Fridays, where the market is too unpredictable. (and of course no trades on weekends)
Scalper strategy is very safe because it has a low value stop loss limit and advanced algorithm that closes the trades according to inner indicators.
Stealth Mode protects you from cheating on the broker side. Using the mode the take profit and stop loss values are not displayed to broker.
Scalper strategy works on EURGPB, EURCHF, GBPCHF or USDCAD currency pairs on M15 timeframe only.
Now lets analyze the scalper strategy and find out the weak and strong points.
Strong points:

• Very safe. Scalper strategy has an inner fixed stop loss and sniper-accurate trading signals so the risk is very low and the drawdowns are extremely low.

• Extremely profitable. Despite the fact the take profit value is rather small, Scalper strategy is extremely profitable. You can literally double your deposit in a matter of weeks even trading safe lots.

The weak points are:

• Scalper strategy has very small take profit from 6 to 15 pips so it is very sensible to the spread size. If you broker gives you an unusually big spread (for example spread 8-15 for EurGbp or more instead of normal 2-4) then scalper strategy will have a hard time trading it. It will miss a lot of trade or will not trade at all. Check your broker for the spread size!

• Scalper strategy does not work well on crazy market conditions. When the currency pair has an unusually strong trend or very high volatility, it is recommended to avoid trading on such days. (Although FapTurbo tried its best to filter out such days automatically but I still do not recommend to turn it on during high volatility days.)

Forex Scalping Strategies #1 – “The Spike Scalping System” Written by Kato forex scalping strategies

I’ve got the first of the Forex Scalping Strategies here for you – elegant in its simplicity yet built on the solid foundations of professional trading
And if you’ve been around Forex trading for any length of time I’m probably a lot like you:
I know exactly what it’s like to be jumping around from system to system, trying to find the “magic bullet” that will bring you guaranteed trading success…
Tearing your hair out with frustration at trading software that just doesn’t bring the results you need and wasting hours searching for a “secret” winning combination of indicators…
And I want to save you the time, expense and cruel disappointment of falling into this trap and get you on your way to scalping Forex profitably as quickly as possible – maybe as soon as today.
There are many ways of scalping Forex but one of the most flexible, most instinctive and most logical ways is by focusing on the “Price Action” of the market (when you use this approach you’ll be picking up the clues that the market drops and you’ll know exactly what you need to do next)
So here’s your way to find “Keystone” scalping entry triggers and pull off jaw-dropping trades just by eyeballing the chart and using your new price-action reading skills… a way of trading with tiny stop-losses, stripping your exposure down to brass tacks and blasting your hit-rate through the roof…
And here’s your way to find consistent, repeating Forex scalping opportunities even if you’re squeezing in just an hour or two around your other daily commitments.

Why Spike Scalping Gives You Easy, Reliable And Profitable Set-Ups Every Day
The Spike Scalping System was revealed to me by a grizzled veteren pit trader in the T-Bond futures at the Chicago Board Of Trade (he used his own hand-sketched chart on the back of an order card to keep track of where the scalping triggers were setting up)
But the strategy works incredibly well in the heavily traded Forex markets because both the Currencies(Forex) and the Treasuries (Bonds)  have similar market “personalities”…
…they’re both driven by the Fundamental factors of worldwide economic “dramas”  (rather than by pure speculation) and the huge trading volume being pumped into each gives you very robust conditions for scalping:
You’ll be getting clean, accurate and easy to manage set-ups – perfect for the “lone-wolf” Forex scalper…
And the beauty of this method is how it ramps up your probability of scoring wins by forcing you to scalp inline with the short-term trend (and you’ll be doing so in the strategic, calculating way of a professional trader).