DailyFX Forum - View Single Post - Scalping and Intraday Trading Strategies Discussion

		DailyFX Forum
Sidebar Wrapper

1,031 Users Online

Thread: Scalping and Intraday Trading Strategies Discussion

View Single Post

#556 (permalink)

07-14-2009, 11:45 AM

John Rivera John Rivera is offline

Moderator

Join Date: May 2008

Posts: 287

John Rivera is an unknown quantity at this point

Quote:

Originally Posted by beeryboogy

I agree... I am only using S/R lines, trendlines, along with RSI and SAR. That's it. It seems to be working so far. That, and find the best time of day to scalp (8:30am-9:30am GMT-5 for me) and then don't trade outside that window.

9:00 am -12:00am EST is when we see the largest volume of trades from our clients and could be a time frame to target.

__________________
John Rivera is the author of Market Brief, Top FX Headlines, and Forex Trading Weekly Forecast on DailyFX.com.

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.