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Posted

I don’t prefer using too many indicators because then it start making things complicated and that too unnecessarily, so that’s why we need to be extremely careful with not using too many indicators and even if we use few, it should be after trying it out on demo account and only then apply to real account. I prefer to use http://alpari.com/en/trading/trading_signals/, it’s better than signals and pretty straight forward too with excellent results for me, at least.

Posted

I also use only standard MACD and sometimes RSI but its just an additional confirmation for a trade which is based on fundamental analysis. Also I use Hotforex daily analytics from their technical experts to get a market view from technical side, it is especially useful if you are newbie in it. 

Posted

In spite of a profitable trading policy scalping cannot use in a proper way in a regulated trading broker. but I am very lucky to choose Trade12 broker which is regulated and for all time make sure best trading environment for scalping strategy by providing lowest trading spreads.  

  • 1 month later...
Posted

Yeah we need good trading strategies and various tools to trade in an effective way. But you also need a good broker else all your preparations would be useless. Earlier I was trading with CMS trading group and their trading conditions kept becoming worst; the usual cases being spreads being widened, sudden spikes in price, slippage, re-quotes, etc. Needless to say, I did continue with them as they were many good options.

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