Scalping or short-term trading is a trading strategy that the trader will trade small profit but in high frequency, maybe 10-100 or more times daily. It is based on the notion that a currency is very fluctuate, so it would be better to take small profit from small movement than to take large profit.

Author Topic: MT4/MT5 High Probability Forex Trading Method (Forex, Forex Trading System)  (Read 1710 times)

Hurpecial

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MT4/MT5 High Probability Forex Trading Method (Forex, Forex Trading System, Forex Trading Strategy, Oil, Precious metals, Commodities, Stocks, Currency Trading, Bitcoin Book)

Jim, from Queensland Australia, is a full-time Forex Trader and currently resides in Vietnam. This book will provide you with a reliable and robust trading method which Jim has refined via manual testing, demo testing and live trading.

Jim's High Probability Trading Method can be traded on any time frame you choose. He has a personal preference for the 4hr charts or the daily charts as these are time frames he is comfortable with but of course, he acknowledges that there are different strokes for different folks when it comes to time availability, preferred time-frames, lifestyle choices etc.

You many not wish to conduct your actual trading off an MT4 platform, however as this method relies on the use of Jim's indicators which he arranged to be specifically built for the platform, you will need to at least download a free MT4 demonstration version to enable you to conduct your trade analysis, and then place your actual trades on your preferred Broker's platform.

Although Jim concentrates solely on Forex trading, there is no reason why you could not trade this method on other financial instruments offered by many MT4 brokers such as Bitcoin, Oil, Precious metals, Commodities, Stock Indices, Individual stocks.

Jim's other books

    Trading Forex with Divergence on MT4 *NEW (expands on Divergence mentioned in the High Probability book)
    Forex Trading: The Basics Explained in Simple Terms



 

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