The best conditions for scalping.

Like most trading strategies, scalping on Forex requires certain trading conditions, under whichconditions for scalping the efficiency of trading will significantly increase.

The best conditions for scalping give the trader some advantages, and completely free of charge, the main thing is to know what you should first pay attention to when studying this issue.

And so, what makes scalping more effective:

Floating spread – this issue is especially important if pipsing , where every point of the spread is important.

With a floating spread, you can catch moments when the size of this commission is practically equal to 0. Moreover, this is not just a theory, but a real fact that has been tested in practice more than once.

Recommended broker for scalping

Scalping is allowed, five-digit quotes and minimal spreads.

•    Five-digit quotes - they are usually combined with a floating spread; their use allows you to more clearly see small fluctuations in the rate and do some things that are not available on four grain quotes.
For example, you can’t set a stop loss at 5 points in four characters, since the standard limit is usually no closer than 10 points to the existing price, but in five characters it’s easy because here this indicator will be displayed as 50 points.

•    Execution speed – the most important point, especially when trading using a five-digit quote, the price here changes almost instantly and the slightest delay in execution can cause a refusal to open an order. It is best to check this indicator in person, as almost all brokers claim that their orders are executed instantly.

•    Execution option – preferably accurate, without established parameters for deviation from the stated price, that is, the order must be executed exactly at the quotation price, and not at the market.

•    Trading time – depending on the trading instrument, for currency pairs containing the dollar or euro it is American or European forex trading sessions.

•    Currency pair – having the smallest spread, these include EURUSD, USDJPY, GBPUSD, USDCHF and some other instruments; you can more accurately find out the size of the spread by analyzing forex quotes.

•    Broker for scalping - only brokers that allow scalping, otherwise you cannot avoid financial sanctions.

These are, perhaps, all the conditions for performing effective scalping on Forex; I hope this knowledge will allow you to get the planned profit.

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