How forex scalper checks out liquidity of the chosen pair?
March 10, 2010 by IM Strong
Filed under Forex Trading Guide
That was my question.
If he judges by spread, what spread( like 1 , 1.5 …anything like that) would be considered as a liquid currency pair by the scalper?
(or)
Please Guide me, how to check whether the currency pair is highly liquid when i enter the trade…Please explain to me in detailed and simple way.
Thank you.
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msc on Wed, 10th Mar 2010 4:09 am
You need to look at the average spread given by your broker. For example, for me, normal spreads are:
GBP/USD 4
EUR/USD 2
USD/CHF 4
Anything more than that tells me that they’re concerned about liquidity.
References :
Ronald on Wed, 10th Mar 2010 4:35 am
If you want an in depth explanation about Expert Advisors (scalpers, news based etc..) then check out this website:
http://compareexpertadvisors.blogspot.com/
It will also explain about the benefits of each type of expert advisor.
References :
Daniel on Wed, 10th Mar 2010 5:10 am
Many expert advisors are based on optimized scalpers:
http://CompareExpertAdvisors.blogspot.com
References :