Forex Super Scalping Method And Guideline

There are so many Forex trading methods. Someone gets success by using some method from existing all method. So it depends on you which method you selecting. For this firstly you select one method and testing it in different ways until your confidence. When you find 70 to 90 % gaining continue by this method then select this method for your trading and strictly follow the rules(created by you during testing period). Before trading always keep below issues in your mind………..

1.Always trade with technical analysis, not with emotion. Maximum traders loses due to they trade with emotion. During critical moment they forget all rules and trade emotionally. As a result they lose all their money. SO MUST AVOID EMOTION.

2.Be patient. Sometimes market goes reverse way from your idea. In this situation if your technical analysis say stay then you should be stay.

3.Leave greedy. Many traders loses their all capital due to they could not control their greedy. Always trade same amount for every trade. Do not think that you can recovery all your loses by one trade. You must recovery your loses but slowly within your rules.

4.During unexpected movement always avoid trading. When you can not understand market movement then it is better not to trade.

5.Money management is a vital point to win in forex market. We always suggest firstly prepare a money management system. Our recommendation – if you have $100 in your trading account then only invest $1.

6.Do not trade during major news releasing of different currency. It is a gambling to trade this time. Because you do not know what news will release. SO AVOID TRADING IN THIS SITUATION.

7.During testing period using different time frames (M15,M30,H1,H4,D etc). And fix the time frame in which you more win continuously. Then always trade in this certain time frame.

Now we shall discuss about one trading method. Firstly you will test this method in different time frames for different currency pair. You can also modify it. And when you succeed by this method then continue follow it.

This method is combination of 2 indicators. Indicators are available in any MT4 platform. For this your chart must be candlestick.

Indicators are………….

1.Parabolic SAR:

It is a dot indicator. When dots appear on the top of candlesticks that means market down trend and in this position indicator tells for sell. Again when dots appear on the bottom of candlesticks that means market up trend and in this position indicator tells for buy.

But not take any decision by only this indicator. In below we discuss when take Buy decision and when take sell decision.

2.Stochastic:

In this indicator two curve always move together. When blue curve cross red curve from top then the position is sell trend. And when the blue curve cross the red curve from bottom then the position is buy trend.

There are no extra setting for both indicators. Just select the indicators and insert it in your chart.

Now we discuss about Buy trade and Sell trade

Buy Trade:

1.Parabolic SAR must show UP trend. That means all dots must be bottom of the candlesticks.

2.And in Stochastic blue curve cross the red curve from bottom in 2^nd time. Please clearly understand the matter. 1^st time when the blue curve cross the red line that time parabolic SAR dots come bottom from top side. In this time not trade. Stochastic blue curve again come to bottom and again cross the red line from bottom—this is 2^nd time and if this time parabolic dots continue present at bottom of the candlesticks then you can trade “Buy” and put the stop loss at previous “support”.

See the below image for easy understanding…….

Sell Trade:

1.Parabolic SAR must show DOWN trend. That means all dots must be top of the candlesticks.

2.And in Stochastic blue curve cross the red curve from top in 2^nd time. Please clearly understand the matter. 1^st time when the blue curve cross the red line that time parabolic SAR dots come top from bottom side. In this time not trade. Stochastic blue curve again come to top and again cross the red curve from top—this is 2^nd time and if this time parabolic dots continue present at top of the candlesticks then you can trade “Sell” and put the stop loss at previous “resistance”.

See the below image for easy understanding…….

So when you get the opportunity according to above description then you can only trade. This is the rule. If you break the rule then you will be looser. By this method you can win 70% to 90%. So test it yourself.