3 Easy Steps Chasing Profit With Technique "Scalping"

Buddy Trading Gold in the world of trading many traders who want to apply scalping strategy because they want to quickly gain an advantage because although small, but can be done repeatedly so that the results are quite large. But many traders who do not know how to begin. Well, on this occasion you will learn three easy ways to apply scalping strategy.Trading Gold, Gold Trading Online, How to Invest Gold, Gold Price Chart

1: Find The TrendThe first step is to determine the trend. Determine the trend becomes very important because it will help Buddy Gold Investment Method estimate the future price movements. If the trend is up then you should only be focused seek Buy signal. Instead, its trend is down then you are only going to look for Sell signal.A rising trend (uptrend) is characterized by a series of "peaks" that is HIGHER than the previous peak, as well as a series of "valley" which also is HIGHER than the previous valley.In contrast, the down trend (downtrend) is characterized by a series of peaks that is LOWER than the previous peak, as well as a series of valleys which was also lower than the previous valley.Consider the example chart below. You can see the USD / CAD is in an uptrend. This means you will only be looking for opportunities to take a Buy position.Trading Gold, Gold Trading Online, How to Invest Gold, Gold Price Chart

2: Time Your EntryThe next step is to decide how to get in position. In general, a scalper will choose harness when the correction or choose the time of the breakout. A scalper who choose to take advantage of the correction will be the focus when the price correction for signatures Buy at low prices or take advantage of the formation of the "valley". Instead, use the scalpers who will take advantage of the break out breakout will only enter a Buy position if prices break through the resistance with an estimated price will form a "peak" new.Note the chart below:Trading Gold, Gold Trading Online, How to Invest Gold, Gold Price ChartScalper which utilizes the correction will enter positions Buy when prices fall and tend to form a "valley" which is higher than previous valley. By utilizing the Fibonacci retracement lines seen the price was corrected and stuck at 50% Fibo lines. Well, at this level you can take a Buy position.Note the chart below:Trading Gold, Gold Trading Online, How to Invest Gold, Gold Price ChartA scalper who utilize breakout strategy would be to wait until the price broke the resistance with the assumption that the price will go up and will form a new peak.

3: Manage RiskThe most important thing of all trading is managing the risks that accompany every transaction transaction. In order for Gold Trading strategy pal did go according to plan then you also need to prepare steps if your analysis is wrong.To determine the risk limits is a lot of way. But for a scalper, it is advisable to not risking more than 1% of your capital each time you make a transaction.In addition to determining the limits losses can also take advantage of support or resistance breakout terbentk of correction, as shown in the graph below:Trading Gold, Gold Trading Online, How to Invest Gold, Gold Price ChartIf my friend Gold Investment How to use a breakout strategy is then limit your losses if the prices reversed course and go back through the support or resistance, consider the graph below:Trading Gold, Gold Trading Online, How to Invest Gold, Gold Price ChartPlease train your ability to utilize the facilities DEMO ACCOUNT advance until you understand and proficient. Cheers.