Bob Volman Forex Scalping Strategy Explained in Detail - PART I
Автор: DD Trader
Загружено: 2021-05-11
Просмотров: 31972
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Hey it's DD here! In this first of two videos, I take you to the markets with a proven FOREX SCALPING STRATEGY. Author Bob Volman is a great teacher. With his book, Forex Price Action Scalping, the reader learns all the basics of Forex trading. What is Forex? What is a pair? What are the bulls and what are the bears? But he also gives 7 different strategies to scalp the markets. Scalping is a method of trading where the trader gets in and out of the market with very few pips. He's only looking for small movements in price.
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In this first video, I introduce you to scalping and talk about some of the pros and cons of scalping. I also show real diagrams of the seven setups and explain the theory behind this trading methodology. "Build up" and candlestick pressure are the key factors of entry in this strategy. The trader needs patience and skill to enter at the precise time, getting in and out of the market, like a ninja in the dark!
Although I wouldn't recommend scalping to new traders, I do think that this book and my video is a great resource for new traders. It's important to understand price action, without indications, but rather just from reading the charts. Additionally, I believe very strongly that the way to really profit in the markets is by learning many different methodologies and adapting them to your trading style and personality. Then it will come second nature to you when you're trading live.
So check out this video and learn a lot about scalping forex. Next video we will look at a real week of market data and trade it with this strategy.
Thanks for watching my Bob Volman Forex Scalping Strategy Explained in Detail - PART I video.
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