Good news for Scalping

[Getty]

Hi,

I''ve been intrigued by daytrading and would be very interested in making fast trades, "scalping". What news would you recommend to be ideal for that trading style?

Thanks!

[J.A]

Hi Getty,

I must first warn you that scalping could be quite hard to work profitable with, remember to first work with a demo so you wouldn't lose much money while still in the scalping learning process.
A news event where very much happens in just a few minutes is the Non-Farm Payrolls (released 1st Friday of the new month). If you're looking for a news event with much price action to try your scalping in, that could be a good start.

Welcome to the Chamber!

[Montychap]

Try out trading the Tankan Report (very influential for the Japanese Yen) although it's only released quarterly.

[hazephase]

tankan report is mainly for the yen as i read in some blogs , also this type of info can be got from bloggers , it is very usefully to have bloggers to give you info

[varunchandwani]

trading technique is a new term for me i want to know more about it and its styles. Where i can trade with people and what i can trade?

[aspire]

Hi Varun. Speaking of trading, you can trade anything in this world. The ability of the risk takers to adapt to different trading goods and services is mind blowing. If you wish you can even trade your forex id of this platform at a later stage when you have bulid a strong brand name. That's how are brands are created and sold !

[fxlady]

Originally Posted by varunchandwani

trading technique is a new term for me i want to know more about it and its styles. Where i can trade with people and what i can trade?

It's new to me as well, but i try to invest quality time to study and learn.. I am in a stage of exploring and grasping how this stuff works.. So you could do as well, and i tell you, it's all worth it .. Try to google search, that would help..

[fxnovixe]

Beware! forex scalping is a really deep strategy only for those who are real full time forex traders and can be focused 24/7 as any small news event can change the whole analysis