PRICE ACTION SCALPER by Mobirao

This Book Includes:

Forex Scalping Systems

A forex scalping system can be either manual, where the trader looks for
signals and interprets whether to buy or sell; or automated, where the trader
“teaches” the software to look for signals and how to interpret them. The
timely nature of technical analysis makes real-time charts the tool of choice
for forex scalpers.

Why Scalping?

The purpose of scalping is to make small profits while exposing a trading
account to a very limited risk, which is due to a quick open/close trading
mode.
There wouldn’t be any point in scalping for many traders if they weren’t
allowed to trade with highly leveraged accounts. Only the ability to operate
with large funds of, actually, still virtual money, empowers traders to profit
from just a 2-3 pip move.

How do they do it?

Suppose a scalper opens a trading position of $1000 with the EUR/USD. For
each pip he will now earn $10… Closing the trade with only a 5 pip profit
brings it up to $50 — not bad for less than a minute of work…

Price Action Scalper

Dear traders. We all want to make fast money with Forex. There are 100’s of
scalping trading strategies in Forex, but 99,9% of them do not work or are just
very difficult to follow.
Scalping using the mt4 indicators can be very difficult due to signal delays,
lagging, etc. In this case, sometimes is much more profitable to use a price
action scalping system that uses no indicators. The price will tell you what to
do. The price is your signal and your best indicator. There is one price action
scalping system that involves no indicators, no robots – only your trading
screen. The following scalping system has proven to work just fine and you
will be able to make a good profit if you follow all the rules and risk
management recommendations.
The “Price Action Scalper” uses no complicated rules and will be very easy to
use for any trader – even if you have never traded Forex before.
All you need to know is how to open a couple of trading charts on your trading
terminal.

The system does not require a trader to follow major Forex rules
like:

• do not trade against a trend,
• ignore signals against a trend –

because the system itself – confirms trend following!
Scalping is not easy for beginners, please try the system on your demo account for at least one month before going live.

Price Action Patterns by Mobirao

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