EUR/USD ahead of ECB and Draghi
https://youtu.be/7sgVyKTaC0g
How to Trade EUR/USD as a Scalper
EUR/USD is the most liquid forex pair. Scalpers love it. Tight spreads and constant action create quick opportunities. Scalping targets small profits from frequent trades. Volume price analysis (VPA) provides the edge. High volume spikes confirm momentum. Low volume warns of traps.
Why EUR/USD Suits Scalping
EUR/USD offers unmatched liquidity. Spreads often 0.0-0.1 pips on ECN accounts. Volatility peaks in London/NY overlap. News (ECB, Fed) adds surges. This delivers fast, repeatable setups. VPA thrives—tick volume reliable for conviction reads.
Scalping Strategy for EUR/USD
Focus on high-activity sessions:
Timeframe and Tools: Use 1-minute or tick charts. Quantum TickSpeedometer on NinjaTrader reveals surges. Trend Monitor aligns short-term direction.
Identify Momentum: High tick speed + high volume up/down candle = entry in direction.
Entry Rules: Break of support/resistance on volume spike. Pullback to level on low volume—add position.
Exit Fast: Target 5-15 pips. Trail on continued tick speed. Stop beyond recent swing.
VPA Confirmation: High volume validates. Low volume spike =...